BFMM-TRADING: 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.
BFMM-TRADING
Largest movements
- Receivables within one year +€30,697
up €30,697 (+71.0%), from €43,243 to €73,940
of which Trade receivables: +€28,074
- Cash +€6,555
up €6,555 (+38.7%), from €16,932 to €23,487
mainly Trade debts (+€20,556) and Other debts (+€19,899)
- Tangible fixed assets -€2,780
down €2,780 (-39.7%), from €6,999 to €4,219
of which Furniture and vehicles: -€2,780
- Trade debts +€20,556
up €20,556 (+64.2%), from €32,005 to €52,561
- Other debts +€19,899
up €19,899, from €0 to €19,899
- Profit (loss) carried forward -€15,061
down €15,061 (-100%), from €15,061 to €0
- Tax, wage and social debts +€8,225
up €8,225 (+104%), from €7,917 to €16,143
of which Taxes: +€7,641
- Accrued charges and deferred income +€1,318
up €1,318 (+60.1%), from €2,191 to €3,509
- Gross operating margin +€8,265
up €8,265 (+87.9%), from €9,404 to €17,670
- Other operating charges -€2,921
down €2,921 (-54.6%), from €5,346 to €2,425
- Taxes +€1,850
up €1,850 (+88.1%), from €2,101 to €3,951
- Depreciation +€1,439
up €1,439 (+107%), from €1,341 to €2,780
- Financial charges -€638
down €638 (-69.0%), from €924 to €287
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 | €67,174 | €102,111 | +€34,937 | +52.0% |
| Fixed assets | 21/28 | €6,999 | €4,219 | -€2,780 | -39.7% |
| Tangible fixed assets | 22/27 | €6,999 | €4,219 | -€2,780 | -39.7% |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €6,999 | €4,219 | -€2,780 | -39.7% |
| Current assets | 29/58 | €60,175 | €97,892 | +€37,717 | +62.7% |
| Amounts receivable within one year | 40/41 | €43,243 | €73,940 | +€30,697 | +71.0% |
| Trade receivables | 40 | €42,289 | €70,363 | +€28,074 | +66.4% |
| Other amounts receivable | 41 | €954 | €3,577 | +€2,623 | +275% |
| Cash at bank and in hand | 54/58 | €16,932 | €23,487 | +€6,555 | +38.7% |
| Deferred charges and accrued income | 490/1 | €0 | €465 | +€465 | |
| Total equity and liabilities | 10/49 | €67,174 | €102,111 | +€34,937 | +52.0% |
| Equity | 10/15 | €25,061 | €10,000 | -€15,061 | -60.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,061 | €0 | -€15,061 | -100% |
| Amounts payable | 17/49 | €42,113 | €92,111 | +€49,998 | +119% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €39,922 | €88,603 | +€48,680 | +122% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €32,005 | €52,561 | +€20,556 | +64.2% |
| Suppliers | 440/4 | €32,005 | €52,561 | +€20,556 | +64.2% |
| Taxes, remuneration and social security | 45 | €7,917 | €16,143 | +€8,225 | +104% |
| Taxes | 450/3 | €2,889 | €10,530 | +€7,641 | +264% |
| Remuneration and social security | 454/9 | €5,028 | €5,612 | +€584 | +11.6% |
| Other amounts payable | 47/48 | €0 | €19,899 | +€19,899 | |
| Accrued charges and deferred income | 492/3 | €2,191 | €3,509 | +€1,318 | +60.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,341 | €2,780 | +€1,439 | +107% |
| Other operating charges | 640/8 | €5,346 | €2,425 | -€2,921 | -54.6% |
| Gross operating margin | 9900 | €9,404 | €17,670 | +€8,265 | +87.9% |
| Operating profit (loss) | 9901 | €2,717 | €12,465 | +€9,748 | +359% |
| Financial income | 75/76B | €80 | €123 | +€43 | +53.0% |
| Recurring financial income | 75 | €80 | €123 | +€43 | +53.0% |
| Financial charges | 65/66B | €924 | €287 | -€638 | -69.0% |
| Recurring financial charges | 65 | €924 | €287 | -€638 | -69.0% |
| Profit (loss) for the period before taxes | 9903 | €1,873 | €12,301 | +€10,428 | +557% |
| Income taxes | 67/77 | €2,101 | €3,951 | +€1,850 | +88.1% |
| Profit (loss) for the period | 9904 | -€229 | €8,349 | +€8,578 | |
| Profit (loss) for the period to be appropriated | 9905 | -€229 | €8,349 | +€8,578 |
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 24 October 2026 via checked.be.