BM-Accountants: what changed
BM-Accountants
Largest movements
- Cash +€25,453
up €25,453 (+111%), from €22,971 to €48,424
mainly Net result for the year (+€145,795) and Other debts (+€82,422)
- Tangible fixed assets -€20,578
down €20,578 (-4.6%), from €444,597 to €424,019
of which Land and buildings: -€20,583
- Receivables within one year +€6,329
up €6,329 (+135%), from €4,687 to €11,015
of which Trade receivables: +€6,433
- Reserves -€138,624
no longer reported in 2025 (was €138,624)
- Other debts +€82,422
up €82,422 (+75.1%), from €109,781 to €192,203
- Tax, wage and social debts +€29,962
up €29,962 (+144%), from €20,752 to €50,714
- Debts after one year +€24,053
up €24,053 (+15.5%), from €155,000 to €179,053
- Current portion of long-term debt +€11,338
up €11,338 (+56.7%), from €20,000 to €31,338
- Gross operating margin +€15,003
up €15,003 (+6.8%), from €221,753 to €236,756
- Financial charges +€5,454
up €5,454 (+75.9%), from €7,185 to €12,638
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €472,998 | €483,458 | +€10,460 | +2.2% |
| Fixed assets | 21/28 | €445,340 | €424,019 | -€21,321 | -4.8% |
| Intangible fixed assets | 21 | €743 | - | -€743 | |
| Tangible fixed assets | 22/27 | €444,597 | €424,019 | -€20,578 | -4.6% |
| Land and buildings | 22 | €439,559 | €418,976 | -€20,583 | -4.7% |
| Plant, machinery and equipment | 23 | €2,400 | €954 | -€1,446 | -60.3% |
| Furniture and vehicles | 24 | €1,385 | €3,434 | +€2,049 | +148% |
| Other tangible fixed assets | 26 | €1,253 | €655 | -€598 | -47.7% |
| Current assets | 29/58 | €27,658 | €59,439 | +€31,781 | +115% |
| Amounts receivable within one year | 40/41 | €4,687 | €11,015 | +€6,329 | +135% |
| Trade receivables | 40 | €4,583 | €11,015 | +€6,433 | +140% |
| Other amounts receivable | 41 | €104 | - | -€104 | |
| Cash at bank and in hand | 54/58 | €22,971 | €48,424 | +€25,453 | +111% |
| Total equity and liabilities | 10/49 | €472,998 | €483,458 | +€10,460 | +2.2% |
| Equity | 10/15 | €157,224 | €18,600 | -€138,624 | -88.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €138,624 | - | -€138,624 | |
| Distributable reserves | 133 | €138,624 | - | -€138,624 | |
| Amounts payable | 17/49 | €315,774 | €464,858 | +€149,084 | +47.2% |
| Amounts payable after more than one year | 17 | €155,000 | €179,053 | +€24,053 | +15.5% |
| Financial debts | 170/4 | €155,000 | €179,053 | +€24,053 | +15.5% |
| Amounts payable within one year | 42/48 | €160,774 | €285,804 | +€125,031 | +77.8% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €31,338 | +€11,338 | +56.7% |
| Financial debts | 43 | €8,416 | €10,021 | +€1,605 | +19.1% |
| Other loans | 439 | €8,416 | €10,021 | +€1,605 | +19.1% |
| Trade debts | 44 | €1,823 | €1,528 | -€296 | -16.2% |
| Suppliers | 440/4 | €1,823 | €1,528 | -€296 | -16.2% |
| Taxes, remuneration and social security | 45 | €20,752 | €50,714 | +€29,962 | +144% |
| Taxes | 450/3 | €20,752 | €50,714 | +€29,962 | +144% |
| Other amounts payable | 47/48 | €109,781 | €192,203 | +€82,422 | +75.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,927 | €25,133 | +€206 | +0.8% |
| Other operating charges | 640/8 | €2,607 | €2,772 | +€165 | +6.3% |
| Gross operating margin | 9900 | €221,753 | €236,756 | +€15,003 | +6.8% |
| Operating profit (loss) | 9901 | €194,219 | €208,851 | +€14,632 | +7.5% |
| Financial income | 75/76B | €105 | - | -€105 | |
| Recurring financial income | 75 | €105 | - | -€105 | |
| Financial charges | 65/66B | €7,185 | €12,638 | +€5,454 | +75.9% |
| Recurring financial charges | 65 | €7,185 | €12,638 | +€5,454 | +75.9% |
| Profit (loss) for the period before taxes | 9903 | €187,139 | €196,212 | +€9,073 | +4.8% |
| Income taxes | 67/77 | €48,515 | €50,417 | +€1,902 | +3.9% |
| Profit (loss) for the period | 9904 | €138,624 | €145,795 | +€7,171 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €138,624 | €145,795 | +€7,171 | +5.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.