BM.Co: 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.Co
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash -€92,496
down €92,496 (-98.4%), from €93,968 to €1,472
mainly Current investments (-€100,000) and Investment in fixed assets (net) (-€30,577)
- Tangible fixed assets +€22,597
up €22,597 (+264%), from €8,572 to €31,169
- Debts after one year +€17,821
new in 2025: €17,821
- Current portion of long-term debt +€5,712
new in 2025: €5,712
- Tax, wage and social debts -€5,394
down €5,394 (-58.7%), from €9,194 to €3,800
- Other debts +€5,140
up €5,140 (+25.7%), from €20,000 to €25,140
- Profit (loss) carried forward +€2,082
up €2,082 (+25.9%), from €8,026 to €10,108
- Gross operating margin -€19,334
down €19,334 (-37.5%), from €51,500 to €32,165
- Taxes -€4,523
down €4,523 (-33.7%), from €13,426 to €8,902
- Depreciation +€1,986
up €1,986 (+33.1%), from €5,994 to €7,979
- Other operating charges +€872
up €872 (+246%), from €354 to €1,226
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 | €111,856 | €141,008 | +€29,153 | +26.1% |
| Fixed assets | 21/28 | €8,572 | €31,169 | +€22,597 | +264% |
| Tangible fixed assets | 22/27 | €8,572 | €31,169 | +€22,597 | +264% |
| Furniture and vehicles | 24 | €8,572 | €31,169 | +€22,597 | +264% |
| Current assets | 29/58 | €103,284 | €109,839 | +€6,555 | +6.3% |
| Amounts receivable within one year | 40/41 | €9,315 | €7,967 | -€1,349 | -14.5% |
| Trade receivables | 40 | €7,815 | €4,840 | -€2,975 | -38.1% |
| Other amounts receivable | 41 | €1,500 | €3,127 | +€1,627 | +108% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €93,968 | €1,472 | -€92,496 | -98.4% |
| Deferred charges and accrued income | 490/1 | - | €400 | +€400 | |
| Total equity and liabilities | 10/49 | €111,856 | €141,008 | +€29,153 | +26.1% |
| Equity | 10/15 | €82,526 | €85,608 | +€3,082 | +3.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €72,000 | €73,000 | +€1,000 | +1.4% |
| Distributable reserves | 133 | €72,000 | €73,000 | +€1,000 | +1.4% |
| Profit (loss) carried forward | 14 | €8,026 | €10,108 | +€2,082 | +25.9% |
| Amounts payable | 17/49 | €29,330 | €55,400 | +€26,071 | +88.9% |
| Amounts payable after more than one year | 17 | - | €17,821 | +€17,821 | |
| Financial debts | 170/4 | - | €17,821 | +€17,821 | |
| Amounts payable within one year | 42/48 | €29,330 | €36,621 | +€7,291 | +24.9% |
| Current portion of amounts payable after more than one year | 42 | - | €5,712 | +€5,712 | |
| Trade debts | 44 | €136 | €1,969 | +€1,833 | +1,351% |
| Suppliers | 440/4 | €136 | €1,969 | +€1,833 | +1,351% |
| Taxes, remuneration and social security | 45 | €9,194 | €3,800 | -€5,394 | -58.7% |
| Taxes | 450/3 | €9,194 | €3,800 | -€5,394 | -58.7% |
| Other amounts payable | 47/48 | €20,000 | €25,140 | +€5,140 | +25.7% |
| Accrued charges and deferred income | 492/3 | - | €959 | +€959 | |
| Non-recurring operating income | 76A | €1,607 | €2,000 | +€392 | +24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,994 | €7,979 | +€1,986 | +33.1% |
| Other operating charges | 640/8 | €354 | €1,226 | +€872 | +246% |
| Gross operating margin | 9900 | €51,500 | €32,165 | -€19,334 | -37.5% |
| Operating profit (loss) | 9901 | €45,152 | €22,960 | -€22,192 | -49.1% |
| Financial income | 75/76B | €1,424 | €1,341 | -€83 | -5.8% |
| Recurring financial income | 75 | €1,424 | €1,341 | -€83 | -5.8% |
| Financial charges | 65/66B | €133 | €317 | +€185 | +139% |
| Recurring financial charges | 65 | €133 | €317 | +€185 | +139% |
| Profit (loss) for the period before taxes | 9903 | €46,444 | €23,984 | -€22,460 | -48.4% |
| Income taxes | 67/77 | €13,426 | €8,902 | -€4,523 | -33.7% |
| Profit (loss) for the period | 9904 | €33,018 | €15,082 | -€17,936 | -54.3% |
| Profit (loss) for the period to be appropriated | 9905 | €33,018 | €15,082 | -€17,936 | -54.3% |
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 15 October 2026 via checked.be.