BCMG: 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.
BCMG
Largest movements
- Receivables within one year +€12,084
up €12,084 (+13.2%), from €91,220 to €103,304
of which Other amounts receivable: +€16,673
- Receivables after one year -€7,683
down €7,683 (-17.1%), from €45,036 to €37,352
- Reserves +€12,000
up €12,000 (+8.6%), from €139,000 to €151,000
of which Distributable reserves: +€12,000
- Tax, wage and social debts -€8,417
down €8,417 (-20.3%), from €41,490 to €33,073
- Other debts +€4,500
up €4,500 (+20.5%), from €22,000 to €26,500
- Profit (loss) carried forward -€4,154
down €4,154 (-83.8%), from €4,955 to €800
- Accrued charges and deferred income -€4,104
down €4,104 (-25.8%), from €15,932 to €11,828
- Gross operating margin -€25,218
down €25,218 (-28.3%), from €89,240 to €64,022
- Financial income +€3,583
up €3,583 (+70.0%), from €5,117 to €8,701
of which Non-recurring financial income: +€3,751
- Depreciation -€2,404
down €2,404 (-23.7%), from €10,148 to €7,744
- Taxes +€2,403
up €2,403 (+9.2%), from €26,039 to €28,442
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 | €245,265 | €251,592 | +€6,327 | +2.6% |
| Fixed assets | 21/28 | €41,678 | €42,817 | +€1,140 | +2.7% |
| Tangible fixed assets | 22/27 | €41,678 | €42,817 | +€1,140 | +2.7% |
| Plant, machinery and equipment | 23 | €30,927 | €25,391 | -€5,537 | -17.9% |
| Furniture and vehicles | 24 | €10,750 | €17,427 | +€6,677 | +62.1% |
| Current assets | 29/58 | €203,587 | €208,775 | +€5,188 | +2.5% |
| Amounts receivable after more than one year | 29 | €45,036 | €37,352 | -€7,683 | -17.1% |
| Other amounts receivable | 291 | €45,036 | €37,352 | -€7,683 | -17.1% |
| Amounts receivable within one year | 40/41 | €91,220 | €103,304 | +€12,084 | +13.2% |
| Trade receivables | 40 | €37,283 | €32,695 | -€4,588 | -12.3% |
| Other amounts receivable | 41 | €53,937 | €70,610 | +€16,673 | +30.9% |
| Cash at bank and in hand | 54/58 | €66,657 | €67,019 | +€362 | +0.5% |
| Deferred charges and accrued income | 490/1 | €675 | €1,099 | +€425 | +62.9% |
| Total equity and liabilities | 10/49 | €245,265 | €251,592 | +€6,327 | +2.6% |
| Equity | 10/15 | €146,955 | €154,800 | +€7,846 | +5.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €139,000 | €151,000 | +€12,000 | +8.6% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €137,000 | €149,000 | +€12,000 | +8.8% |
| Profit (loss) carried forward | 14 | €4,955 | €800 | -€4,154 | -83.8% |
| Amounts payable | 17/49 | €98,310 | €96,792 | -€1,518 | -1.5% |
| Amounts payable within one year | 42/48 | €82,378 | €84,964 | +€2,585 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | - | €2,521 | +€2,521 | |
| Trade debts | 44 | €18,888 | €22,869 | +€3,981 | +21.1% |
| Suppliers | 440/4 | €18,888 | €22,869 | +€3,981 | +21.1% |
| Taxes, remuneration and social security | 45 | €41,490 | €33,073 | -€8,417 | -20.3% |
| Taxes | 450/3 | €41,490 | €33,073 | -€8,417 | -20.3% |
| Other amounts payable | 47/48 | €22,000 | €26,500 | +€4,500 | +20.5% |
| Accrued charges and deferred income | 492/3 | €15,932 | €11,828 | -€4,104 | -25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,148 | €7,744 | -€2,404 | -23.7% |
| Gross operating margin | 9900 | €89,240 | €64,022 | -€25,218 | -28.3% |
| Operating profit (loss) | 9901 | €79,092 | €56,278 | -€22,815 | -28.8% |
| Financial income | 75/76B | €5,117 | €8,701 | +€3,583 | +70.0% |
| Recurring financial income | 75 | €1,201 | €1,033 | -€168 | -14.0% |
| Non-recurring financial income | 76B | €3,917 | €7,667 | +€3,751 | +95.8% |
| Financial charges | 65/66B | €2,620 | €2,191 | -€429 | -16.4% |
| Recurring financial charges | 65 | €1,974 | €2,118 | +€144 | +7.3% |
| Non-recurring financial charges | 66B | €646 | €73 | -€573 | -88.8% |
| Profit (loss) for the period before taxes | 9903 | €81,590 | €62,788 | -€18,802 | -23.0% |
| Income taxes | 67/77 | €26,039 | €28,442 | +€2,403 | +9.2% |
| Profit (loss) for the period | 9904 | €55,551 | €34,346 | -€21,205 | -38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €55,551 | €34,346 | -€21,205 | -38.2% |
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 9 October 2026 via checked.be.