BGMC: 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.
BGMC
Largest movements
- Cash +€989
up €989 (+1.9%), from €52,013 to €53,002
mainly Other debts (+€7,531) and Tax, wage and social debts (+€908)
- Tangible fixed assets -€799
down €799 (-33.1%), from €2,417 to €1,617
- Reserves -€7,675
no longer reported in 2025 (was €7,675)
- Other debts +€7,531
up €7,531 (+232%), from €3,239 to €10,770
- Tax, wage and social debts +€908
up €908 (+10.4%), from €8,689 to €9,597
- Profit (loss) carried forward -€804
down €804 (-5.9%), from €13,640 to €12,837
- Gross operating margin +€3,588
up €3,588, from -€3,257 to €331
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 | €54,430 | €54,619 | +€189 | +0.3% |
| Fixed assets | 21/28 | €2,417 | €1,617 | -€799 | -33.1% |
| Tangible fixed assets | 22/27 | €2,417 | €1,617 | -€799 | -33.1% |
| Furniture and vehicles | 24 | €2,417 | €1,617 | -€799 | -33.1% |
| Current assets | 29/58 | €52,013 | €53,002 | +€989 | +1.9% |
| Cash at bank and in hand | 54/58 | €52,013 | €53,002 | +€989 | +1.9% |
| Total equity and liabilities | 10/49 | €54,430 | €54,619 | +€189 | +0.3% |
| Equity | 10/15 | €41,775 | €33,297 | -€8,478 | -20.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €7,675 | - | -€7,675 | |
| Distributable reserves | 133 | €7,675 | - | -€7,675 | |
| Profit (loss) carried forward | 14 | €13,640 | €12,837 | -€804 | -5.9% |
| Amounts payable | 17/49 | €12,655 | €21,322 | +€8,668 | +68.5% |
| Amounts payable within one year | 42/48 | €12,655 | €21,322 | +€8,668 | +68.5% |
| Trade debts | 44 | €727 | €956 | +€229 | +31.5% |
| Suppliers | 440/4 | €727 | €956 | +€229 | +31.5% |
| Taxes, remuneration and social security | 45 | €8,689 | €9,597 | +€908 | +10.4% |
| Taxes | 450/3 | €8,689 | €9,597 | +€908 | +10.4% |
| Other amounts payable | 47/48 | €3,239 | €10,770 | +€7,531 | +232% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €799 | €799 | = | 0.0% |
| Gross operating margin | 9900 | -€3,257 | €331 | +€3,588 | |
| Operating profit (loss) | 9901 | -€4,057 | -€469 | +€3,588 | +88.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €328 | €335 | +€7 | +2.2% |
| Recurring financial charges | 65 | €328 | €335 | +€7 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,384 | -€804 | +€3,581 | +81.7% |
| Profit (loss) for the period | 9904 | -€4,384 | -€804 | +€3,581 | +81.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,384 | -€804 | +€3,581 | +81.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.