BKM INFRA: 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.
BKM INFRA
Largest movements
- Receivables within one year +€45,290
up €45,290 (+51.6%), from €87,713 to €133,003
of which Trade receivables: +€58,482
- Tangible fixed assets -€25,858
down €25,858 (-34.3%), from €75,464 to €49,606
of which Furniture and vehicles: -€15,180
- Receivables after one year -€21,802
no longer reported in 2024 (was €21,802)
- Profit (loss) carried forward -€67,987
down €67,987 (-154%), from -€44,209 to -€112,196
- Trade debts +€63,740
up €63,740 (+88.0%), from €72,443 to €136,183
- Tax, wage and social debts +€19,588
up €19,588 (+141%), from €13,893 to €33,481
of which Remuneration and social security: +€24,385
- Debts after one year -€15,424
down €15,424 (-40.3%), from €38,231 to €22,807
- Current portion of long-term debt -€5,614
down €5,614 (-26.7%), from €21,038 to €15,424
- Gross operating margin -€15,869
down €15,869 (-23.8%), from €66,597 to €50,728
- Staff costs +€9,772
up €9,772 (+11.9%), from €82,119 to €91,891
- Depreciation -€8,258
down €8,258 (-39.6%), from €20,837 to €12,579
- Financial income -€5,191
down €5,191 (-99.9%), from €5,195 to €4
of which Non-recurring financial income: -€5,195
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.
Derived cash bridge
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 | €188,379 | €184,683 | -€3,695 | -2.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €75,464 | €49,606 | -€25,858 | -34.3% |
| Tangible fixed assets | 22/27 | €75,464 | €49,606 | -€25,858 | -34.3% |
| Plant, machinery and equipment | 23 | €41,745 | €36,340 | -€5,405 | -12.9% |
| Furniture and vehicles | 24 | €20,557 | €5,377 | -€15,180 | -73.8% |
| Leasing and similar rights | 25 | €13,162 | €7,888 | -€5,273 | -40.1% |
| Current assets | 29/58 | €112,915 | €135,078 | +€22,163 | +19.6% |
| Amounts receivable after more than one year | 29 | €21,802 | - | -€21,802 | |
| Other amounts receivable | 291 | €21,802 | - | -€21,802 | |
| Amounts receivable within one year | 40/41 | €87,713 | €133,003 | +€45,290 | +51.6% |
| Trade receivables | 40 | €71,693 | €130,174 | +€58,482 | +81.6% |
| Other amounts receivable | 41 | €16,021 | €2,829 | -€13,192 | -82.3% |
| Cash at bank and in hand | 54/58 | €27 | €189 | +€162 | +610% |
| Deferred charges and accrued income | 490/1 | €3,373 | €1,886 | -€1,487 | -44.1% |
| Total equity and liabilities | 10/49 | €188,379 | €184,683 | -€3,695 | -2.0% |
| Equity | 10/15 | €39,274 | -€28,714 | -€67,987 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €79,482 | €79,482 | = | 0.0% |
| Distributable reserves | 133 | €79,482 | €79,482 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,209 | -€112,196 | -€67,987 | -154% |
| Amounts payable | 17/49 | €149,105 | €213,397 | +€64,292 | +43.1% |
| Amounts payable after more than one year | 17 | €38,231 | €22,807 | -€15,424 | -40.3% |
| Financial debts | 170/4 | €38,231 | €22,807 | -€15,424 | -40.3% |
| Amounts payable within one year | 42/48 | €110,874 | €190,590 | +€79,716 | +71.9% |
| Current portion of amounts payable after more than one year | 42 | €21,038 | €15,424 | -€5,614 | -26.7% |
| Financial debts | 43 | - | €3 | +€3 | |
| Credit institutions | 430/8 | - | €3 | +€3 | |
| Trade debts | 44 | €72,443 | €136,183 | +€63,740 | +88.0% |
| Suppliers | 440/4 | €72,443 | €136,183 | +€63,740 | +88.0% |
| Taxes, remuneration and social security | 45 | €13,893 | €33,481 | +€19,588 | +141% |
| Taxes | 450/3 | €9,856 | €5,058 | -€4,797 | -48.7% |
| Remuneration and social security | 454/9 | €4,037 | €28,422 | +€24,385 | +604% |
| Other amounts payable | 47/48 | €3,500 | €5,500 | +€2,000 | +57.1% |
| Non-recurring operating income | 76A | €5,195 | - | -€5,195 | |
| Remuneration, social security and pensions | 62 | €82,119 | €91,891 | +€9,772 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,837 | €12,579 | -€8,258 | -39.6% |
| Other operating charges | 640/8 | €2,754 | €2,364 | -€390 | -14.2% |
| Non-recurring operating charges | 66A | €2,863 | €4,442 | +€1,579 | +55.1% |
| Gross operating margin | 9900 | €66,597 | €50,728 | -€15,869 | -23.8% |
| Operating profit (loss) | 9901 | -€41,976 | -€60,548 | -€18,572 | -44.2% |
| Financial income | 75/76B | €5,195 | €4 | -€5,191 | -99.9% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +2,792% |
| Non-recurring financial income | 76B | €5,195 | - | -€5,195 | |
| Financial charges | 65/66B | €7,129 | €7,200 | +€70 | +1.0% |
| Recurring financial charges | 65 | €7,129 | €7,200 | +€70 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | -€43,910 | -€67,744 | -€23,834 | -54.3% |
| Income taxes | 67/77 | €299 | €244 | -€55 | -18.4% |
| Profit (loss) for the period | 9904 | -€44,209 | -€67,987 | -€23,779 | -53.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,209 | -€67,987 | -€23,779 | -53.8% |
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 26 October 2026 via checked.be.