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.
B.M.S.
Largest movements
- Cash +€21,292
up €21,292 (+15.6%), from €136,302 to €157,594
mainly Receivables within one year (+€15,036) and Net result for the year (+€10,991)
- Receivables within one year -€15,036
down €15,036 (-50.2%), from €29,956 to €14,920
of which Trade receivables: -€26,240
- Tangible fixed assets -€4,898
down €4,898 (-15.1%), from €32,488 to €27,590
of which Other tangible fixed assets: -€2,889
- Reserves +€10,991
up €10,991 (+10.4%), from €105,632 to €116,623
- Tax, wage and social debts -€9,672
down €9,672 (-47.4%), from €20,426 to €10,754
of which Remuneration and social security: -€6,833
- Other debts +€4,008
up €4,008 (+646,387%), from €1 to €4,008
- Trade debts -€3,580
down €3,580 (-74.3%), from €4,816 to €1,236
- Gross operating margin -€26,393
down €26,393 (-42.7%), from €61,805 to €35,413
- Taxes -€2,400
down €2,400 (-20.2%), from €11,854 to €9,455
- Other operating charges -€1,714
down €1,714 (-54.0%), from €3,175 to €1,460
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 | €205,915 | €207,680 | +€1,766 | +0.9% |
| Fixed assets | 21/28 | €32,488 | €27,590 | -€4,898 | -15.1% |
| Tangible fixed assets | 22/27 | €32,488 | €27,590 | -€4,898 | -15.1% |
| Furniture and vehicles | 24 | €7,546 | €5,537 | -€2,009 | -26.6% |
| Other tangible fixed assets | 26 | €24,942 | €22,053 | -€2,889 | -11.6% |
| Current assets | 29/58 | €173,427 | €180,091 | +€6,664 | +3.8% |
| Amounts receivable within one year | 40/41 | €29,956 | €14,920 | -€15,036 | -50.2% |
| Trade receivables | 40 | €26,240 | €0 | -€26,240 | -100% |
| Other amounts receivable | 41 | €3,716 | €14,920 | +€11,204 | +301% |
| Cash at bank and in hand | 54/58 | €136,302 | €157,594 | +€21,292 | +15.6% |
| Deferred charges and accrued income | 490/1 | €7,169 | €7,577 | +€407 | +5.7% |
| Total equity and liabilities | 10/49 | €205,915 | €207,680 | +€1,766 | +0.9% |
| Equity | 10/15 | €111,832 | €122,823 | +€10,991 | +9.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €105,632 | €116,623 | +€10,991 | +10.4% |
| Distributable reserves | 133 | €105,632 | €116,623 | +€10,991 | +10.4% |
| Provisions and deferred taxes | 16 | €68,590 | €68,590 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €68,590 | €68,590 | = | 0.0% |
| Pensions and similar obligations | 160 | €68,590 | €68,590 | = | 0.0% |
| Amounts payable | 17/49 | €25,493 | €16,267 | -€9,226 | -36.2% |
| Amounts payable within one year | 42/48 | €25,493 | €16,267 | -€9,226 | -36.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €250 | €269 | +€19 | +7.5% |
| Credit institutions | 430/8 | €250 | €269 | +€19 | +7.5% |
| Trade debts | 44 | €4,816 | €1,236 | -€3,580 | -74.3% |
| Suppliers | 440/4 | €4,816 | €1,236 | -€3,580 | -74.3% |
| Taxes, remuneration and social security | 45 | €20,426 | €10,754 | -€9,672 | -47.4% |
| Taxes | 450/3 | €13,593 | €10,754 | -€2,839 | -20.9% |
| Remuneration and social security | 454/9 | €6,833 | €0 | -€6,833 | -100% |
| Other amounts payable | 47/48 | €1 | €4,008 | +€4,008 | +646,387% |
| Non-recurring operating income | 76A | €2,500 | €0 | -€2,500 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,118 | €7,234 | +€116 | +1.6% |
| Other operating charges | 640/8 | €3,175 | €1,460 | -€1,714 | -54.0% |
| Non-recurring operating charges | 66A | €13,614 | €0 | -€13,614 | -100% |
| Gross operating margin | 9900 | €61,805 | €35,413 | -€26,393 | -42.7% |
| Operating profit (loss) | 9901 | €37,899 | €26,718 | -€11,181 | -29.5% |
| Financial income | 75/76B | €57 | €178 | +€121 | +210% |
| Recurring financial income | 75 | €57 | €178 | +€121 | +210% |
| Financial charges | 65/66B | €6,080 | €6,451 | +€371 | +6.1% |
| Recurring financial charges | 65 | €6,080 | €6,451 | +€371 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €31,876 | €20,446 | -€11,430 | -35.9% |
| Income taxes | 67/77 | €11,854 | €9,455 | -€2,400 | -20.2% |
| Profit (loss) for the period | 9904 | €20,022 | €10,991 | -€9,031 | -45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,022 | €10,991 | -€9,031 | -45.1% |
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 17 October 2026 via checked.be.