BLMC: what changed
Two fiscal 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.
BLMC
Largest movements
- Receivables within one year +€18,389
up €18,389 (+135.0%), from €13,618 to €32,008
of which Trade receivables: +€18,505
- Tangible fixed assets -€10,050
down €10,050 (-56.7%), from €17,740 to €7,690
of which Furniture and vehicles: -€7,593
- Cash -€2,319
down €2,319 (-24.1%), from €9,617 to €7,298
mainly Receivables within one year (-€18,389) and Other debts (-€3,609)
- Profit (loss) carried forward +€8,664
up €8,664, from -€1,551 to €7,114
- Tax, wage and social debts +€3,808
new in 2025: €3,808
- Other debts -€3,609
down €3,609 (-17.0%), from €21,211 to €17,602
- Current portion of long-term debt -€2,265
no longer reported in 2025 (was €2,265)
- Trade debts -€577
down €577 (-40.1%), from €1,439 to €862
- Gross operating margin +€24,991
up €24,991, from -€1,041 to €23,950
- Financial income -€13,820
down €13,820 (-100.0%), from €13,824 to €4
of which Non-recurring financial income: -€13,818
- Taxes +€2,154
up €2,154 (+877.2%), from €246 to €2,400
- Other operating charges +€366
up €366 (+59.7%), from €613 to €978
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 | €43,824 | €49,845 | +€6,021 | +13.7% |
| Fixed assets | 21/28 | €20,590 | €10,540 | -€10,050 | -48.8% |
| Tangible fixed assets | 22/27 | €17,740 | €7,690 | -€10,050 | -56.7% |
| Plant, machinery and equipment | 23 | €2,553 | €97 | -€2,457 | -96.2% |
| Furniture and vehicles | 24 | €15,186 | €7,593 | -€7,593 | -50.0% |
| Financial fixed assets | 28 | €2,850 | €2,850 | = | 0.0% |
| Current assets | 29/58 | €23,235 | €39,306 | +€16,071 | +69.2% |
| Amounts receivable within one year | 40/41 | €13,618 | €32,008 | +€18,389 | +135.0% |
| Trade receivables | 40 | €13,502 | €32,008 | +€18,505 | +137.1% |
| Other amounts receivable | 41 | €116 | - | -€116 | |
| Cash at bank and in hand | 54/58 | €9,617 | €7,298 | -€2,319 | -24.1% |
| Total equity and liabilities | 10/49 | €43,824 | €49,845 | +€6,021 | +13.7% |
| Equity | 10/15 | €18,909 | €27,574 | +€8,664 | +45.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,551 | €7,114 | +€8,664 | |
| Amounts payable | 17/49 | €24,915 | €22,272 | -€2,644 | -10.6% |
| Amounts payable within one year | 42/48 | €24,915 | €22,272 | -€2,644 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €2,265 | - | -€2,265 | |
| Trade debts | 44 | €1,439 | €862 | -€577 | -40.1% |
| Suppliers | 440/4 | €1,439 | €862 | -€577 | -40.1% |
| Taxes, remuneration and social security | 45 | - | €3,808 | +€3,808 | |
| Remuneration and social security | 454/9 | - | €3,808 | +€3,808 | |
| Other amounts payable | 47/48 | €21,211 | €17,602 | -€3,609 | -17.0% |
| Remuneration, social security and pensions | 62 | €1,658 | €1,658 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,220 | €10,050 | -€170 | -1.7% |
| Other operating charges | 640/8 | €613 | €978 | +€366 | +59.7% |
| Gross operating margin | 9900 | -€1,041 | €23,950 | +€24,991 | |
| Operating profit (loss) | 9901 | -€13,532 | €11,264 | +€24,796 | |
| Financial income | 75/76B | €13,824 | €4 | -€13,820 | -100.0% |
| Recurring financial income | 75 | €6 | €4 | -€2 | -37.5% |
| Non-recurring financial income | 76B | €13,818 | - | -€13,818 | |
| Financial charges | 65/66B | €289 | €203 | -€86 | -29.7% |
| Recurring financial charges | 65 | €289 | €203 | -€86 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | €3 | €11,064 | +€11,061 | +361479.4% |
| Income taxes | 67/77 | €246 | €2,400 | +€2,154 | +877.2% |
| Profit (loss) for the period | 9904 | -€243 | €8,664 | +€8,907 | |
| Profit (loss) for the period to be appropriated | 9905 | -€243 | €8,664 | +€8,907 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.