BM Advisory & Audit: 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.
BM Advisory & Audit
Largest movements
- Receivables within one year -€11,264
down €11,264 (-43.7%), from €25,780 to €14,516
of which Trade receivables: -€11,189
- Cash +€5,997
up €5,997 (+12.4%), from €48,225 to €54,223
mainly Receivables within one year (+€11,264) and Other debts (+€5,847)
- Tangible fixed assets -€3,721
down €3,721 (-61.6%), from €6,045 to €2,324
- Profit (loss) carried forward -€6,909
down €6,909 (-10.4%), from €66,511 to €59,603
- Tax, wage and social debts -€5,994
down €5,994 (-63.0%), from €9,518 to €3,524
- Other debts +€5,847
new in 2025: €5,847
- Gross operating margin -€22,459
down €22,459 (-99.5%), from €22,571 to €112
- Taxes -€3,963
no longer reported in 2025 (was €3,963)
- Other operating charges +€648
up €648 (+68.0%), from €953 to €1,601
- Financial charges +€305
up €305 (+12.2%), from €2,496 to €2,800
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 | €80,234 | €71,760 | -€8,474 | -10.6% |
| Fixed assets | 21/28 | €6,045 | €2,324 | -€3,721 | -61.6% |
| Tangible fixed assets | 22/27 | €6,045 | €2,324 | -€3,721 | -61.6% |
| Furniture and vehicles | 24 | €6,045 | €2,324 | -€3,721 | -61.6% |
| Current assets | 29/58 | €74,189 | €69,436 | -€4,753 | -6.4% |
| Amounts receivable within one year | 40/41 | €25,780 | €14,516 | -€11,264 | -43.7% |
| Trade receivables | 40 | €25,222 | €14,033 | -€11,189 | -44.4% |
| Other amounts receivable | 41 | €559 | €483 | -€75 | -13.5% |
| Cash at bank and in hand | 54/58 | €48,225 | €54,223 | +€5,997 | +12.4% |
| Deferred charges and accrued income | 490/1 | €184 | €697 | +€513 | +279% |
| Total equity and liabilities | 10/49 | €80,234 | €71,760 | -€8,474 | -10.6% |
| Equity | 10/15 | €69,011 | €62,103 | -€6,909 | -10.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,511 | €59,603 | -€6,909 | -10.4% |
| Amounts payable | 17/49 | €11,223 | €9,657 | -€1,566 | -13.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €11,223 | €9,657 | -€1,566 | -13.9% |
| Current portion of amounts payable after more than one year | 42 | €689 | - | -€689 | |
| Trade debts | 44 | €1,016 | €287 | -€729 | -71.8% |
| Suppliers | 440/4 | €1,016 | €287 | -€729 | -71.8% |
| Taxes, remuneration and social security | 45 | €9,518 | €3,524 | -€5,994 | -63.0% |
| Taxes | 450/3 | €9,518 | €3,524 | -€5,994 | -63.0% |
| Other amounts payable | 47/48 | - | €5,847 | +€5,847 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,616 | €2,619 | +€3 | +0.1% |
| Other operating charges | 640/8 | €953 | €1,601 | +€648 | +68.0% |
| Gross operating margin | 9900 | €22,571 | €112 | -€22,459 | -99.5% |
| Operating profit (loss) | 9901 | €19,002 | -€4,108 | -€23,110 | |
| Financial charges | 65/66B | €2,496 | €2,800 | +€305 | +12.2% |
| Recurring financial charges | 65 | €2,496 | €2,800 | +€305 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €16,506 | -€6,909 | -€23,415 | |
| Income taxes | 67/77 | €3,963 | - | -€3,963 | |
| Profit (loss) for the period | 9904 | €12,543 | -€6,909 | -€19,452 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,543 | -€6,909 | -€19,452 |
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.