B.M.B.A.: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
B.M.B.A.
Largest movements
- Receivables within one year -€14,551
down €14,551 (-88.4%), from €16,455 to €1,903
- Receivables after one year +€12,563
new in 2025: €12,563
- Cash -€10,232
down €10,232 (-79.7%), from €12,832 to €2,600
mainly Receivables after one year (-€12,563) and Net result for the year (-€8,550)
- Profit (loss) carried forward -€8,550
down €8,550 (-53.0%), from €16,147 to €7,597
- Other debts -€4,421
no longer reported in 2025 (was €4,421)
- Tax, wage and social debts +€703
up €703 (+30.2%), from €2,329 to €3,032
of which Remuneration and social security: +€1,011
- Trade debts -€322
down €322 (-57.6%), from €559 to €237
- Purchases and services +€11,382
up €11,382 (+48.0%), from €23,721 to €35,104
- Staff costs +€6,568
up €6,568 (+59.9%), from €10,961 to €17,529
- Gross operating margin +€6,375
up €6,375 (+93.8%), from €6,800 to €13,174
- Other operating charges +€3,442
up €3,442 (+311%), from €1,106 to €4,548
- Depreciation -€245
down €245 (-64.6%), from €379 to €134
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,656 | €17,066 | -€12,590 | -42.5% |
| Fixed assets | 21/28 | €134 | - | -€134 | |
| Tangible fixed assets | 22/27 | €134 | - | -€134 | |
| Furniture and vehicles | 24 | €134 | - | -€134 | |
| Current assets | 29/58 | €29,522 | €17,066 | -€12,457 | -42.2% |
| Amounts receivable after more than one year | 29 | - | €12,563 | +€12,563 | |
| Trade receivables | 290 | - | €12,563 | +€12,563 | |
| Amounts receivable within one year | 40/41 | €16,455 | €1,903 | -€14,551 | -88.4% |
| Other amounts receivable | 41 | €16,455 | €1,903 | -€14,551 | -88.4% |
| Cash at bank and in hand | 54/58 | €12,832 | €2,600 | -€10,232 | -79.7% |
| Deferred charges and accrued income | 490/1 | €236 | - | -€236 | |
| Total equity and liabilities | 10/49 | €29,656 | €17,066 | -€12,590 | -42.5% |
| Equity | 10/15 | €22,347 | €13,797 | -€8,550 | -38.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,147 | €7,597 | -€8,550 | -53.0% |
| Amounts payable | 17/49 | €7,310 | €3,269 | -€4,040 | -55.3% |
| Amounts payable within one year | 42/48 | €7,310 | €3,269 | -€4,040 | -55.3% |
| Trade debts | 44 | €559 | €237 | -€322 | -57.6% |
| Suppliers | 440/4 | €559 | €237 | -€322 | -57.6% |
| Taxes, remuneration and social security | 45 | €2,329 | €3,032 | +€703 | +30.2% |
| Taxes | 450/3 | €328 | €20 | -€308 | -93.9% |
| Remuneration and social security | 454/9 | €2,001 | €3,012 | +€1,011 | +50.5% |
| Other amounts payable | 47/48 | €4,421 | - | -€4,421 | |
| Goods, raw materials, services and sundry goods | 60/61 | €23,721 | €35,104 | +€11,382 | +48.0% |
| Remuneration, social security and pensions | 62 | €10,961 | €17,529 | +€6,568 | +59.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €379 | €134 | -€245 | -64.6% |
| Other operating charges | 640/8 | €1,106 | €4,548 | +€3,442 | +311% |
| Gross operating margin | 9900 | €6,800 | €13,174 | +€6,375 | +93.8% |
| Operating profit (loss) | 9901 | -€5,647 | -€9,037 | -€3,390 | -60.0% |
| Financial income | 75/76B | €678 | €663 | -€15 | -2.2% |
| Recurring financial income | 75 | €678 | €663 | -€15 | -2.2% |
| Financial charges | 65/66B | €116 | €177 | +€61 | +52.7% |
| Recurring financial charges | 65 | €116 | €177 | +€61 | +52.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,085 | -€8,550 | -€3,466 | -68.2% |
| Profit (loss) for the period | 9904 | -€5,085 | -€8,550 | -€3,466 | -68.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,085 | -€8,550 | -€3,466 | -68.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.