BFM GROEP: 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.
BFM GROEP
Largest movements
- Receivables within one year +€322,512
up €322,512 (+223.6%), from €144,219 to €466,731
of which Trade receivables: +€328,654
- Tangible fixed assets -€6,898
down €6,898 (-19.4%), from €35,619 to €28,721
of which Furniture and vehicles: -€6,628
- Trade debts +€166,430
up €166,430 (+434.8%), from €38,281 to €204,711
- Profit (loss) carried forward +€98,923
up €98,923 (+104.5%), from €94,704 to €193,627
- Tax, wage and social debts +€50,810
up €50,810 (+95.4%), from €53,254 to €104,064
of which Taxes: +€39,540
- Gross operating margin +€119,652
up €119,652 (+93.3%), from €128,178 to €247,830
- Taxes +€28,276
up €28,276 (+117.5%), from €24,074 to €52,350
- Other operating charges +€8,677
up €8,677 (+72304.3%), from €12 to €8,689
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 | €191,239 | €507,402 | +€316,163 | +165.3% |
| Fixed assets | 21/28 | €35,619 | €28,721 | -€6,898 | -19.4% |
| Tangible fixed assets | 22/27 | €35,619 | €28,721 | -€6,898 | -19.4% |
| Plant, machinery and equipment | 23 | €7,009 | €6,739 | -€270 | -3.9% |
| Furniture and vehicles | 24 | €28,610 | €21,982 | -€6,628 | -23.2% |
| Current assets | 29/58 | €155,620 | €478,680 | +€323,060 | +207.6% |
| Amounts receivable within one year | 40/41 | €144,219 | €466,731 | +€322,512 | +223.6% |
| Trade receivables | 40 | €87,655 | €416,309 | +€328,654 | +374.9% |
| Other amounts receivable | 41 | €56,564 | €50,422 | -€6,142 | -10.9% |
| Cash at bank and in hand | 54/58 | €2,272 | €7,181 | +€4,909 | +216.1% |
| Deferred charges and accrued income | 490/1 | €9,129 | €4,768 | -€4,361 | -47.8% |
| Total equity and liabilities | 10/49 | €191,239 | €507,402 | +€316,163 | +165.3% |
| Equity | 10/15 | €99,704 | €198,627 | +€98,923 | +99.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,704 | €193,627 | +€98,923 | +104.5% |
| Amounts payable | 17/49 | €91,535 | €308,774 | +€217,239 | +237.3% |
| Amounts payable within one year | 42/48 | €91,535 | €308,774 | +€217,239 | +237.3% |
| Trade debts | 44 | €38,281 | €204,711 | +€166,430 | +434.8% |
| Suppliers | 440/4 | €38,281 | €204,711 | +€166,430 | +434.8% |
| Taxes, remuneration and social security | 45 | €53,254 | €104,064 | +€50,810 | +95.4% |
| Taxes | 450/3 | €39,188 | €78,728 | +€39,540 | +100.9% |
| Remuneration and social security | 454/9 | €14,066 | €25,336 | +€11,270 | +80.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,636 | €11,379 | +€1,743 | +18.1% |
| Other operating charges | 640/8 | €12 | €8,689 | +€8,677 | +72304.3% |
| Gross operating margin | 9900 | €128,178 | €247,830 | +€119,652 | +93.3% |
| Operating profit (loss) | 9901 | €118,530 | €227,763 | +€109,233 | +92.2% |
| Financial income | 75/76B | €40 | €49 | +€9 | +22.8% |
| Recurring financial income | 75 | €40 | €49 | +€9 | +22.8% |
| Financial charges | 65/66B | €15,240 | €14,038 | -€1,202 | -7.9% |
| Recurring financial charges | 65 | €15,240 | €14,038 | -€1,202 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €103,330 | €213,773 | +€110,443 | +106.9% |
| Income taxes | 67/77 | €24,074 | €52,350 | +€28,276 | +117.5% |
| Profit (loss) for the period | 9904 | €79,256 | €161,423 | +€82,167 | +103.7% |
| Profit (loss) for the period to be appropriated | 9905 | €79,256 | €161,423 | +€82,167 | +103.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.