BKMZ: 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.
BKMZ
Largest movements
- Receivables within one year +€32,937
up €32,937 (+2,074%), from €1,588 to €34,525
of which Trade receivables: +€34,485
- Cash +€730
up €730 (+116%), from €628 to €1,358
mainly Tax, wage and social debts (+€12,960) and Net result for the year (+€11,305)
- Tax, wage and social debts +€12,960
new in 2025: €12,960
of which Taxes: +€7,252
- Profit (loss) carried forward +€11,305
up €11,305 (+83.8%), from -€13,489 to -€2,185
- Other debts +€5,596
up €5,596 (+464%), from €1,205 to €6,801
- Trade debts +€3,806
up €3,806 (+254%), from €1,500 to €5,307
- Gross operating margin +€45,580
up €45,580, from -€13,333 to €32,247
- Staff costs +€20,829
new in 2025: €20,829
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 | €4,216 | €37,884 | +€33,667 | +799% |
| Fixed assets | 21/28 | €2,000 | €2,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €2,216 | €35,884 | +€33,667 | +1,519% |
| Amounts receivable within one year | 40/41 | €1,588 | €34,525 | +€32,937 | +2,074% |
| Trade receivables | 40 | - | €34,485 | +€34,485 | |
| Other amounts receivable | 41 | €1,588 | €40 | -€1,548 | -97.5% |
| Cash at bank and in hand | 54/58 | €628 | €1,358 | +€730 | +116% |
| Total equity and liabilities | 10/49 | €4,216 | €37,884 | +€33,667 | +799% |
| Equity | 10/15 | €1,511 | €12,815 | +€11,305 | +748% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,489 | -€2,185 | +€11,305 | +83.8% |
| Amounts payable | 17/49 | €2,706 | €25,068 | +€22,363 | +827% |
| Amounts payable within one year | 42/48 | €2,706 | €25,068 | +€22,363 | +827% |
| Trade debts | 44 | €1,500 | €5,307 | +€3,806 | +254% |
| Suppliers | 440/4 | €1,500 | €5,307 | +€3,806 | +254% |
| Taxes, remuneration and social security | 45 | - | €12,960 | +€12,960 | |
| Taxes | 450/3 | - | €7,252 | +€7,252 | |
| Remuneration and social security | 454/9 | - | €5,709 | +€5,709 | |
| Other amounts payable | 47/48 | €1,205 | €6,801 | +€5,596 | +464% |
| Remuneration, social security and pensions | 62 | - | €20,829 | +€20,829 | |
| Other operating charges | 640/8 | €115 | €66 | -€49 | -42.9% |
| Gross operating margin | 9900 | -€13,333 | €32,247 | +€45,580 | |
| Operating profit (loss) | 9901 | -€13,448 | €11,352 | +€24,800 | |
| Financial charges | 65/66B | €41 | €47 | +€6 | +14.1% |
| Recurring financial charges | 65 | €41 | €47 | +€6 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,489 | €11,305 | +€24,794 | |
| Profit (loss) for the period | 9904 | -€13,489 | €11,305 | +€24,794 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,489 | €11,305 | +€24,794 |
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 21 October 2026 via checked.be.