B.M.C.: 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.C.
Largest movements
- Receivables within one year +€260,740
up €260,740 (+383.4%), from €68,010 to €328,750
of which Trade receivables: +€260,740
- Cash -€22,731
down €22,731 (-96.6%), from €23,529 to €798
mainly Receivables within one year (-€260,740) and Other debts (-€27,451)
- Reserves +€151,830
up €151,830 (+180.3%), from €84,206 to €236,036
of which Distributable reserves: +€151,830
- Tax, wage and social debts +€86,950
up €86,950 (+2671.2%), from €3,255 to €90,205
of which Taxes: +€83,379
- Other debts -€27,451
down €27,451 (-10.6%), from €258,203 to €230,752
- Trade debts +€23,533
up €23,533 (+56125.0%), from €42 to €23,575
- Gross operating margin +€218,366
up €218,366 (+1609.7%), from €13,565 to €231,931
- Taxes +€66,232
up €66,232 (+4351.7%), from €1,522 to €67,754
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.
Cash bridge derived
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 | €836,224 | €1,074,307 | +€238,083 | +28.5% |
| Fixed assets | 21/28 | €743,025 | €743,025 | = | 0.0% |
| Financial fixed assets | 28 | €743,025 | €743,025 | = | 0.0% |
| Current assets | 29/58 | €93,199 | €331,282 | +€238,083 | +255.5% |
| Amounts receivable within one year | 40/41 | €68,010 | €328,750 | +€260,740 | +383.4% |
| Trade receivables | 40 | €68,010 | €328,750 | +€260,740 | +383.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €23,529 | €798 | -€22,731 | -96.6% |
| Deferred charges and accrued income | 490/1 | €1,660 | €1,734 | +€74 | +4.5% |
| Total equity and liabilities | 10/49 | €836,224 | €1,074,307 | +€238,083 | +28.5% |
| Equity | 10/15 | €102,806 | €254,636 | +€151,830 | +147.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €84,206 | €236,036 | +€151,830 | +180.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €84,206 | €236,036 | +€151,830 | +180.3% |
| Provisions and deferred taxes | 16 | €469,918 | €469,918 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €469,918 | €469,918 | = | 0.0% |
| Pensions and similar obligations | 160 | €469,918 | €469,918 | = | 0.0% |
| Amounts payable | 17/49 | €263,500 | €349,753 | +€86,253 | +32.7% |
| Amounts payable within one year | 42/48 | €261,500 | €344,532 | +€83,032 | +31.8% |
| Trade debts | 44 | €42 | €23,575 | +€23,533 | +56125.0% |
| Suppliers | 440/4 | €42 | €23,575 | +€23,533 | +56125.0% |
| Taxes, remuneration and social security | 45 | €3,255 | €90,205 | +€86,950 | +2671.2% |
| Taxes | 450/3 | €3,255 | €86,634 | +€83,379 | +2561.5% |
| Remuneration and social security | 454/9 | €0 | €3,571 | +€3,571 | |
| Other amounts payable | 47/48 | €258,203 | €230,752 | -€27,451 | -10.6% |
| Accrued charges and deferred income | 492/3 | €2,000 | €5,221 | +€3,221 | +161.0% |
| Other operating charges | 640/8 | €1,006 | €1,610 | +€604 | +60.1% |
| Gross operating margin | 9900 | €13,565 | €231,931 | +€218,366 | +1609.7% |
| Operating profit (loss) | 9901 | €12,560 | €230,321 | +€217,761 | +1733.8% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €8,616 | €10,737 | +€2,120 | +24.6% |
| Recurring financial charges | 65 | €8,616 | €10,737 | +€2,120 | +24.6% |
| Profit (loss) for the period before taxes | 9903 | €3,944 | €219,584 | +€215,641 | +5467.9% |
| Income taxes | 67/77 | €1,522 | €67,754 | +€66,232 | +4351.7% |
| Profit (loss) for the period | 9904 | €2,422 | €151,830 | +€149,409 | +6169.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,422 | €151,830 | +€149,409 | +6169.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.