B.M. SHOES: 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. SHOES
Largest movements
- Stocks and contracts -€20,460
down €20,460 (-10.2%), from €200,987 to €180,527
- Cash +€13,244
up €13,244 (+7.9%), from €167,293 to €180,537
mainly Accrued charges and deferred income (+€31,209) and Stocks and contracts (+€20,460)
- Accrued charges and deferred income +€31,209
up €31,209 (+130%), from €24,000 to €55,209
- Trade debts -€30,346
down €30,346 (-8.1%), from €372,354 to €342,008
- Tax, wage and social debts -€15,000
no longer reported in 2025 (was €15,000)
- Profit (loss) carried forward +€6,583
up €6,583 (+24.7%), from €26,684 to €33,267
- Gross operating margin +€1,270
up €1,270 (+22.5%), from €5,655 to €6,925
- Financial charges -€203
down €203 (-91.9%), from €221 to €18
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 | €506,514 | €498,960 | -€7,554 | -1.5% |
| Fixed assets | 21/28 | €3,883 | €3,883 | = | 0.0% |
| Financial fixed assets | 28 | €3,883 | €3,883 | = | 0.0% |
| Current assets | 29/58 | €502,631 | €495,077 | -€7,554 | -1.5% |
| Stocks and contracts in progress | 3 | €200,987 | €180,527 | -€20,460 | -10.2% |
| Stocks | 30/36 | €200,987 | €180,527 | -€20,460 | -10.2% |
| Amounts receivable within one year | 40/41 | €134,351 | €134,013 | -€338 | -0.3% |
| Trade receivables | 40 | €99,981 | €94,782 | -€5,199 | -5.2% |
| Other amounts receivable | 41 | €34,370 | €39,231 | +€4,861 | +14.1% |
| Cash at bank and in hand | 54/58 | €167,293 | €180,537 | +€13,244 | +7.9% |
| Total equity and liabilities | 10/49 | €506,514 | €498,960 | -€7,554 | -1.5% |
| Equity | 10/15 | €50,854 | €57,437 | +€6,583 | +12.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €5,578 | €5,578 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €3,719 | €3,719 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,684 | €33,267 | +€6,583 | +24.7% |
| Amounts payable | 17/49 | €455,660 | €441,523 | -€14,137 | -3.1% |
| Amounts payable within one year | 42/48 | €431,660 | €386,314 | -€45,346 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €902 | €902 | = | 0.0% |
| Trade debts | 44 | €372,354 | €342,008 | -€30,346 | -8.1% |
| Suppliers | 440/4 | €372,354 | €342,008 | -€30,346 | -8.1% |
| Taxes, remuneration and social security | 45 | €15,000 | - | -€15,000 | |
| Remuneration and social security | 454/9 | €15,000 | - | -€15,000 | |
| Other amounts payable | 47/48 | €43,404 | €43,404 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €24,000 | €55,209 | +€31,209 | +130% |
| Other operating charges | 640/8 | €661 | €730 | +€69 | +10.4% |
| Gross operating margin | 9900 | €5,655 | €6,925 | +€1,270 | +22.5% |
| Operating profit (loss) | 9901 | €4,994 | €6,195 | +€1,201 | +24.0% |
| Financial income | 75/76B | €445 | €406 | -€39 | -8.8% |
| Recurring financial income | 75 | €445 | €3 | -€442 | -99.3% |
| Non-recurring financial income | 76B | €445 | €403 | -€42 | -9.4% |
| Financial charges | 65/66B | €221 | €18 | -€203 | -91.9% |
| Recurring financial charges | 65 | €221 | €18 | -€203 | -91.9% |
| Profit (loss) for the period before taxes | 9903 | €5,218 | €6,583 | +€1,365 | +26.2% |
| Profit (loss) for the period | 9904 | €5,218 | €6,583 | +€1,365 | +26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,218 | €6,583 | +€1,365 | +26.2% |
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 28 October 2026 via checked.be.