B&M Solution: 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 Solution
Largest movements
- Receivables within one year -€104,305
down €104,305 (-97.9%), from €106,574 to €2,269
of which Trade receivables: -€88,525
- Cash +€8,309
up €8,309 (+61.4%), from €13,543 to €21,852
mainly Receivables within one year (+€104,305) and Depreciation (+€13,435)
- Tangible fixed assets -€5,071
down €5,071 (-13.8%), from €36,878 to €31,806
of which Furniture and vehicles: -€5,368
- Deferred charges and accrued income +€3,529
up €3,529 (+37.9%), from €9,312 to €12,841
- Accrued charges and deferred income -€60,649
no longer reported in 2025 (was €60,649)
- Tax, wage and social debts -€24,765
down €24,765 (-44.8%), from €55,253 to €30,488
of which Taxes: -€25,345
- Other debts -€17,380
down €17,380 (-59.7%), from €29,107 to €11,727
- Profit (loss) carried forward +€6,394
up €6,394 (+82.8%), from €7,721 to €14,115
- Gross operating margin -€18,880
down €18,880 (-11.8%), from €159,396 to €140,516
- Taxes -€4,568
down €4,568 (-63.7%), from €7,172 to €2,605
- Other operating charges -€1,631
down €1,631 (-31.0%), from €5,269 to €3,638
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 | €167,507 | €69,968 | -€97,538 | -58.2% |
| Fixed assets | 21/28 | €38,078 | €33,006 | -€5,071 | -13.3% |
| Tangible fixed assets | 22/27 | €36,878 | €31,806 | -€5,071 | -13.8% |
| Plant, machinery and equipment | 23 | - | €297 | +€297 | |
| Furniture and vehicles | 24 | €36,878 | €31,509 | -€5,368 | -14.6% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €129,429 | €36,962 | -€92,467 | -71.4% |
| Amounts receivable within one year | 40/41 | €106,574 | €2,269 | -€104,305 | -97.9% |
| Trade receivables | 40 | €90,794 | €2,269 | -€88,525 | -97.5% |
| Other amounts receivable | 41 | €15,781 | - | -€15,781 | |
| Cash at bank and in hand | 54/58 | €13,543 | €21,852 | +€8,309 | +61.4% |
| Deferred charges and accrued income | 490/1 | €9,312 | €12,841 | +€3,529 | +37.9% |
| Total equity and liabilities | 10/49 | €167,507 | €69,968 | -€97,538 | -58.2% |
| Equity | 10/15 | €17,721 | €24,115 | +€6,394 | +36.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Other | 1109/19 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,721 | €14,115 | +€6,394 | +82.8% |
| Amounts payable | 17/49 | €149,786 | €45,854 | -€103,932 | -69.4% |
| Amounts payable within one year | 42/48 | €89,137 | €45,854 | -€43,283 | -48.6% |
| Trade debts | 44 | €4,777 | €3,638 | -€1,139 | -23.8% |
| Suppliers | 440/4 | €4,777 | €3,638 | -€1,139 | -23.8% |
| Taxes, remuneration and social security | 45 | €55,253 | €30,488 | -€24,765 | -44.8% |
| Taxes | 450/3 | €46,881 | €21,536 | -€25,345 | -54.1% |
| Remuneration and social security | 454/9 | €8,372 | €8,953 | +€581 | +6.9% |
| Other amounts payable | 47/48 | €29,107 | €11,727 | -€17,380 | -59.7% |
| Accrued charges and deferred income | 492/3 | €60,649 | - | -€60,649 | |
| Non-recurring operating income | 76A | - | €6 | +€6 | |
| Remuneration, social security and pensions | 62 | €111,158 | €110,849 | -€309 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,470 | €13,435 | +€964 | +7.7% |
| Other operating charges | 640/8 | €5,269 | €3,638 | -€1,631 | -31.0% |
| Non-recurring operating charges | 66A | - | €2,764 | +€2,764 | |
| Gross operating margin | 9900 | €159,396 | €140,516 | -€18,880 | -11.8% |
| Operating profit (loss) | 9901 | €30,498 | €9,830 | -€20,668 | -67.8% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €847 | €849 | +€3 | +0.3% |
| Recurring financial charges | 65 | €847 | €849 | +€3 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €29,651 | €8,999 | -€20,652 | -69.7% |
| Income taxes | 67/77 | €7,172 | €2,605 | -€4,568 | -63.7% |
| Profit (loss) for the period | 9904 | €22,479 | €6,394 | -€16,085 | -71.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,479 | €6,394 | -€16,085 | -71.6% |
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 10 October 2026 via checked.be.