B.M.S.: 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.
What changed
B.M.S.
NACE 47.521, Retail sale of hardware, building materials, paint and glass (general range)
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€455,341
2024 · €393,931+€61,410
Equity
€2.5m
2024 · €3.5m-€1.0m
Cash
€26,553
2024 · €19,553+€7,000
Balance sheet total
€3.4m
2024 · €4.3m-€896,891
Largest movements
Assets
- Receivables within one year -€871,229
down €871,229 (-29.2%), from €3.0m to €2.1m
of which Other amounts receivable: -€853,327
Equity and liabilities
- Profit (loss) carried forward -€1.0m
down €1.0m (-44.0%), from €2.4m to €1.3m
- Trade debts +€103,814
up €103,814 (+25.4%), from €407,915 to €511,729
Income statement
- Gross operating margin +€119,845
up €119,845 (+10.6%), from €1.1m to €1.3m
- Financial income -€27,284
down €27,284 (-46.4%), from €58,815 to €31,531
- Write-downs +€21,472
up €21,472, from -€1,449 to €20,023
- Taxes +€13,366
up €13,366 (+9.9%), from €134,416 to €147,782
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.
Result 2024
€393,931
Gross operating margin
+€119,845
Staff costs
+€260
Depreciation
+€1,195
Write-downs
-€21,472
Other operating charges
+€5,891
Other operating items
-€2,546
Financial income
-€27,284
Financial charges
-€1,114
Taxes
-€13,366
Result 2025
€455,341
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.
From operations
+€1.5m
Investment
-€42,485
Financing
-€1.5m
Cash 2024
€19,553
From operations (derived)
+€1.5m
Net result for the year
+€455,341
Depreciation
+€42,431
Stocks and contracts
+€28,423
Receivables within one year
+€871,229
Deferred charges and accrued income
+€4,293
Trade debts
+€103,814
Tax, wage and social debts
+€42,385
Smaller working-capital items
-€2,522
Other debts
+€4,092
Investment (derived)
-€42,485
Investment in fixed assets (net)
-€42,485
Financing
-€1.5m
Contributions, distributions and other
-€1.5m
Cash 2025
€26,553
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,343,761 | €3,446,870 | -€896,891 | -20.6% |
| Fixed assets | 21/28 | €202,612 | €202,666 | +€54 | 0.0% |
| Tangible fixed assets | 22/27 | €202,612 | €202,666 | +€54 | 0.0% |
| Plant, machinery and equipment | 23 | €78,877 | €84,921 | +€6,044 | +7.7% |
| Furniture and vehicles | 24 | €15,111 | €11,848 | -€3,263 | -21.6% |
| Other tangible fixed assets | 26 | €108,624 | €105,897 | -€2,727 | -2.5% |
| Current assets | 29/58 | €4,141,149 | €3,244,204 | -€896,945 | -21.7% |
| Stocks and contracts in progress | 3 | €1,106,046 | €1,077,623 | -€28,423 | -2.6% |
| Stocks | 30/36 | €1,106,046 | €1,077,623 | -€28,423 | -2.6% |
| Amounts receivable within one year | 40/41 | €2,983,287 | €2,112,057 | -€871,229 | -29.2% |
| Trade receivables | 40 | €412,660 | €394,757 | -€17,903 | -4.3% |
| Other amounts receivable | 41 | €2,570,627 | €1,717,300 | -€853,327 | -33.2% |
| Cash at bank and in hand | 54/58 | €19,553 | €26,553 | +€7,000 | +35.8% |
| Deferred charges and accrued income | 490/1 | €32,263 | €27,970 | -€4,293 | -13.3% |
| Total equity and liabilities | 10/49 | €4,343,761 | €3,446,870 | -€896,891 | -20.6% |
| Equity | 10/15 | €3,520,237 | €2,475,578 | -€1.0m | -29.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,085,200 | €1,085,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,079,000 | €1,079,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,373,037 | €1,328,378 | -€1.0m | -44.0% |
| Amounts payable | 17/49 | €823,523 | €971,292 | +€147,769 | +17.9% |
| Amounts payable within one year | 42/48 | €822,523 | €971,292 | +€148,769 | +18.1% |
| Trade debts | 44 | €407,915 | €511,729 | +€103,814 | +25.4% |
| Suppliers | 440/4 | €407,915 | €511,729 | +€103,814 | +25.4% |
| Advances received on contracts in progress | 46 | €4,282 | €2,760 | -€1,522 | -35.5% |
| Taxes, remuneration and social security | 45 | €148,316 | €190,701 | +€42,385 | +28.6% |
| Taxes | 450/3 | €74,531 | €114,697 | +€40,165 | +53.9% |
| Remuneration and social security | 454/9 | €73,785 | €76,004 | +€2,219 | +3.0% |
| Other amounts payable | 47/48 | €262,010 | €266,102 | +€4,092 | +1.6% |
| Accrued charges and deferred income | 492/3 | €1,000 | - | -€1,000 | |
| Remuneration, social security and pensions | 62 | €545,767 | €545,506 | -€260 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,626 | €42,431 | -€1,195 | -2.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,449 | €20,023 | +€21,472 | |
| Other operating charges | 640/8 | €73,673 | €67,782 | -€5,891 | -8.0% |
| Non-recurring operating charges | 66A | €179 | €2,725 | +€2,546 | +1422.2% |
| Gross operating margin | 9900 | €1,133,676 | €1,253,521 | +€119,845 | +10.6% |
| Operating profit (loss) | 9901 | €471,881 | €575,054 | +€103,173 | +21.9% |
| Financial income | 75/76B | €58,815 | €31,531 | -€27,284 | -46.4% |
| Recurring financial income | 75 | €58,815 | €31,531 | -€27,284 | -46.4% |
| Financial charges | 65/66B | €2,349 | €3,463 | +€1,114 | +47.4% |
| Recurring financial charges | 65 | €2,349 | €3,463 | +€1,114 | +47.4% |
| Profit (loss) for the period before taxes | 9903 | €528,347 | €603,122 | +€74,776 | +14.2% |
| Income taxes | 67/77 | €134,416 | €147,782 | +€13,366 | +9.9% |
| Profit (loss) for the period | 9904 | €393,931 | €455,341 | +€61,410 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €393,931 | €455,341 | +€61,410 | +15.6% |
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 11 October 2026 via checked.be.