B.M.O. CONCEPT: 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.O. CONCEPT
Largest movements
- Tangible fixed assets -€9,263
down €9,263 (-39.9%), from €23,222 to €13,959
of which Furniture and vehicles: -€5,163
- Receivables within one year -€7,700
down €7,700 (-14.5%), from €52,966 to €45,265
of which Trade receivables: -€12,964
- Cash -€6,255
down €6,255 (-65.7%), from €9,521 to €3,266
mainly Trade debts (-€20,903) and Current portion of long-term debt (-€5,695)
- Trade debts -€20,903
down €20,903 (-39.1%), from €53,421 to €32,518
of which Bills of exchange payable: -€25,842
- Current portion of long-term debt -€5,695
no longer reported in 2025 (was €5,695)
- Short-term financial debts +€5,305
new in 2025: €5,305
- Tax, wage and social debts -€4,167
no longer reported in 2025 (was €4,167)
- Profit (loss) carried forward +€2,241
up €2,241 (+13.8%), from €16,226 to €18,466
- Purchases and services +€40,180
up €40,180 (+23.9%), from €168,358 to €208,538
- Turnover -€25,305
down €25,305 (-10.4%), from €244,117 to €218,812
- Gross operating margin -€8,150
down €8,150 (-35.4%), from €23,011 to €14,861
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 | €85,709 | €62,490 | -€23,219 | -27.1% |
| Fixed assets | 21/28 | €23,222 | €13,959 | -€9,263 | -39.9% |
| Tangible fixed assets | 22/27 | €23,222 | €13,959 | -€9,263 | -39.9% |
| Plant, machinery and equipment | 23 | €13,325 | €9,225 | -€4,100 | -30.8% |
| Furniture and vehicles | 24 | €9,897 | €4,734 | -€5,163 | -52.2% |
| Current assets | 29/58 | €62,487 | €48,531 | -€13,956 | -22.3% |
| Amounts receivable within one year | 40/41 | €52,966 | €45,265 | -€7,700 | -14.5% |
| Trade receivables | 40 | €33,143 | €20,178 | -€12,964 | -39.1% |
| Other amounts receivable | 41 | €19,823 | €25,087 | +€5,264 | +26.6% |
| Cash at bank and in hand | 54/58 | €9,521 | €3,266 | -€6,255 | -65.7% |
| Total equity and liabilities | 10/49 | €85,709 | €62,490 | -€23,219 | -27.1% |
| Equity | 10/15 | €22,426 | €24,666 | +€2,241 | +10.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,226 | €18,466 | +€2,241 | +13.8% |
| Amounts payable | 17/49 | €63,283 | €37,824 | -€25,459 | -40.2% |
| Amounts payable within one year | 42/48 | €63,283 | €37,824 | -€25,459 | -40.2% |
| Current portion of amounts payable after more than one year | 42 | €5,695 | - | -€5,695 | |
| Financial debts | 43 | - | €5,305 | +€5,305 | |
| Credit institutions | 430/8 | - | €5,305 | +€5,305 | |
| Trade debts | 44 | €53,421 | €32,518 | -€20,903 | -39.1% |
| Suppliers | 440/4 | €27,579 | €32,518 | +€4,939 | +17.9% |
| Bills of exchange payable | 441 | €25,842 | - | -€25,842 | |
| Taxes, remuneration and social security | 45 | €4,167 | - | -€4,167 | |
| Taxes | 450/3 | €4,167 | - | -€4,167 | |
| Turnover | 70 | €244,117 | €218,812 | -€25,305 | -10.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €168,358 | €208,538 | +€40,180 | +23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,263 | €9,263 | = | 0.0% |
| Other operating charges | 640/8 | €541 | €713 | +€173 | +32.0% |
| Gross operating margin | 9900 | €23,011 | €14,861 | -€8,150 | -35.4% |
| Operating profit (loss) | 9901 | €13,207 | €4,885 | -€8,323 | -63.0% |
| Financial charges | 65/66B | €934 | €351 | -€583 | -62.4% |
| Recurring financial charges | 65 | €934 | €351 | -€583 | -62.4% |
| Profit (loss) for the period before taxes | 9903 | €12,273 | €4,534 | -€7,740 | -63.1% |
| Income taxes | 67/77 | €3,714 | €2,293 | -€1,421 | -38.3% |
| Profit (loss) for the period | 9904 | €8,559 | €2,241 | -€6,319 | -73.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,559 | €2,241 | -€6,319 | -73.8% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.