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
- Stocks and contracts +€830,212
up €830,212 (+115.8%), from €716,663 to €1.5m
- Receivables within one year -€250,063
down €250,063 (-49.7%), from €503,652 to €253,589
of which Other amounts receivable: -€205,539
- Trade debts +€367,809
up €367,809 (+390.3%), from €94,239 to €462,048
- Short-term financial debts +€213,400
up €213,400 (+30.0%), from €712,409 to €925,809
- Tax, wage and social debts -€19,129
down €19,129 (-65.4%), from €29,260 to €10,132
of which Remuneration and social security: -€11,004
- Gross operating margin +€57,167
up €57,167 (+33.0%), from €173,061 to €230,228
- Financial charges +€34,541
up €34,541 (+111.4%), from €31,008 to €65,549
- Staff costs +€25,989
up €25,989 (+20.9%), from €124,167 to €150,156
- Depreciation +€4,714
up €4,714 (+57.0%), from €8,265 to €12,979
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,333,129 | €1,893,063 | +€559,934 | +42.0% |
| Fixed assets | 21/28 | €69,752 | €60,925 | -€8,827 | -12.7% |
| Tangible fixed assets | 22/27 | €68,034 | €58,707 | -€9,327 | -13.7% |
| Land and buildings | 22 | €37,993 | €33,949 | -€4,044 | -10.6% |
| Plant, machinery and equipment | 23 | €29,606 | €24,649 | -€4,957 | -16.7% |
| Furniture and vehicles | 24 | €436 | €109 | -€327 | -75.0% |
| Financial fixed assets | 28 | €1,718 | €2,218 | +€500 | +29.1% |
| Current assets | 29/58 | €1,263,376 | €1,832,138 | +€568,761 | +45.0% |
| Stocks and contracts in progress | 3 | €716,663 | €1,546,875 | +€830,212 | +115.8% |
| Stocks | 30/36 | €716,663 | €1,546,875 | +€830,212 | +115.8% |
| Amounts receivable within one year | 40/41 | €503,652 | €253,589 | -€250,063 | -49.7% |
| Trade receivables | 40 | €44,524 | - | -€44,524 | |
| Other amounts receivable | 41 | €459,128 | €253,589 | -€205,539 | -44.8% |
| Cash at bank and in hand | 54/58 | €43,061 | €31,674 | -€11,387 | -26.4% |
| Total equity and liabilities | 10/49 | €1,333,129 | €1,893,063 | +€559,934 | +42.0% |
| Equity | 10/15 | €13,301 | €12,070 | -€1,231 | -9.3% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Contributions outside capital | 11 | €6,300 | €6,300 | = | 0.0% |
| Other | 1109/19 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €7,001 | €5,770 | -€1,231 | -17.6% |
| Distributable reserves | 133 | €7,001 | €5,770 | -€1,231 | -17.6% |
| Amounts payable | 17/49 | €1,319,828 | €1,880,993 | +€561,165 | +42.5% |
| Amounts payable after more than one year | 17 | €376,860 | €376,860 | = | 0.0% |
| Other amounts payable | 178/9 | €376,860 | €376,860 | = | 0.0% |
| Amounts payable within one year | 42/48 | €920,706 | €1,481,871 | +€561,165 | +60.9% |
| Financial debts | 43 | €712,409 | €925,809 | +€213,400 | +30.0% |
| Credit institutions | 430/8 | €712,409 | €925,809 | +€213,400 | +30.0% |
| Trade debts | 44 | €94,239 | €462,048 | +€367,809 | +390.3% |
| Suppliers | 440/4 | €94,239 | €462,048 | +€367,809 | +390.3% |
| Taxes, remuneration and social security | 45 | €29,260 | €10,132 | -€19,129 | -65.4% |
| Taxes | 450/3 | €12,228 | €4,104 | -€8,124 | -66.4% |
| Remuneration and social security | 454/9 | €17,032 | €6,028 | -€11,004 | -64.6% |
| Other amounts payable | 47/48 | €84,798 | €83,882 | -€915 | -1.1% |
| Accrued charges and deferred income | 492/3 | €22,262 | €22,262 | = | 0.0% |
| Non-recurring operating income | 76A | €17,462 | - | -€17,462 | |
| Remuneration, social security and pensions | 62 | €124,167 | €150,156 | +€25,989 | +20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,265 | €12,979 | +€4,714 | +57.0% |
| Other operating charges | 640/8 | €1,986 | €2,866 | +€880 | +44.3% |
| Gross operating margin | 9900 | €173,061 | €230,228 | +€57,167 | +33.0% |
| Operating profit (loss) | 9901 | €38,643 | €64,226 | +€25,582 | +66.2% |
| Financial income | 75/76B | €84 | €93 | +€9 | +10.5% |
| Recurring financial income | 75 | €84 | €93 | +€9 | +10.5% |
| Financial charges | 65/66B | €31,008 | €65,549 | +€34,541 | +111.4% |
| Recurring financial charges | 65 | €31,008 | €65,549 | +€34,541 | +111.4% |
| Profit (loss) for the period before taxes | 9903 | €7,719 | -€1,231 | -€8,950 | |
| Profit (loss) for the period | 9904 | €7,719 | -€1,231 | -€8,950 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,719 | -€1,231 | -€8,950 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.