BM Consultancy: 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.
BM Consultancy
Largest movements
- Receivables within one year -€24,040
down €24,040 (-23.3%), from €103,244 to €79,204
of which Trade receivables: -€24,782
- Receivables after one year -€10,970
down €10,970 (-17.1%), from €64,156 to €53,186
- Deferred charges and accrued income -€10,348
down €10,348 (-82.0%), from €12,624 to €2,276
- Cash -€10,226
down €10,226 (-13.7%), from €74,577 to €64,352
mainly Contributions, distributions and other (-€97,581) and Short-term financial debts (-€23,581)
- Tangible fixed assets +€4,040
up €4,040 (+1208.7%), from €334 to €4,374
of which Furniture and vehicles: +€3,958
- Short-term financial debts -€23,581
down €23,581 (-96.4%), from €24,473 to €892
of which Credit institutions: -€23,537
- Tax, wage and social debts -€18,553
down €18,553 (-81.9%), from €22,643 to €4,090
- Other debts -€16,478
down €16,478 (-14.3%), from €115,466 to €98,988
- Trade debts +€7,068
up €7,068 (+1092.2%), from €647 to €7,715
- Financial charges +€8,196
up €8,196 (+518.1%), from €1,582 to €9,778
of which Financial charges: +€5,696
- Gross operating margin -€3,816
down €3,816 (-2.7%), from €139,571 to €135,755
- Other operating charges +€3,325
up €3,325 (+467.1%), from €712 to €4,037
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 | €254,936 | €203,392 | -€51,544 | -20.2% |
| Fixed assets | 21/28 | €334 | €4,374 | +€4,040 | +1208.7% |
| Tangible fixed assets | 22/27 | €334 | €4,374 | +€4,040 | +1208.7% |
| Plant, machinery and equipment | 23 | €334 | €416 | +€82 | +24.5% |
| Furniture and vehicles | 24 | - | €3,958 | +€3,958 | |
| Current assets | 29/58 | €254,601 | €199,018 | -€55,584 | -21.8% |
| Amounts receivable after more than one year | 29 | €64,156 | €53,186 | -€10,970 | -17.1% |
| Other amounts receivable | 291 | €64,156 | €53,186 | -€10,970 | -17.1% |
| Amounts receivable within one year | 40/41 | €103,244 | €79,204 | -€24,040 | -23.3% |
| Trade receivables | 40 | €103,115 | €78,333 | -€24,782 | -24.0% |
| Other amounts receivable | 41 | €129 | €871 | +€742 | +575.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €74,577 | €64,352 | -€10,226 | -13.7% |
| Deferred charges and accrued income | 490/1 | €12,624 | €2,276 | -€10,348 | -82.0% |
| Total equity and liabilities | 10/49 | €254,936 | €203,392 | -€51,544 | -20.2% |
| Equity | 10/15 | €91,707 | €91,707 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €73,107 | €73,107 | = | 0.0% |
| Distributable reserves | 133 | €73,107 | €73,107 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €163,229 | €111,685 | -€51,544 | -31.6% |
| Amounts payable within one year | 42/48 | €163,229 | €111,685 | -€51,544 | -31.6% |
| Financial debts | 43 | €24,473 | €892 | -€23,581 | -96.4% |
| Credit institutions | 430/8 | €23,537 | €0 | -€23,537 | -100.0% |
| Other loans | 439 | €936 | €892 | -€44 | -4.7% |
| Trade debts | 44 | €647 | €7,715 | +€7,068 | +1092.2% |
| Suppliers | 440/4 | €647 | €7,715 | +€7,068 | +1092.2% |
| Taxes, remuneration and social security | 45 | €22,643 | €4,090 | -€18,553 | -81.9% |
| Taxes | 450/3 | €22,643 | €4,090 | -€18,553 | -81.9% |
| Other amounts payable | 47/48 | €115,466 | €98,988 | -€16,478 | -14.3% |
| Non-recurring operating income | 76A | €800 | €0 | -€800 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €925 | €420 | -€505 | -54.6% |
| Other operating charges | 640/8 | €712 | €4,037 | +€3,325 | +467.1% |
| Non-recurring operating charges | 66A | €2,454 | €0 | -€2,454 | -100.0% |
| Gross operating margin | 9900 | €139,571 | €135,755 | -€3,816 | -2.7% |
| Operating profit (loss) | 9901 | €135,480 | €131,298 | -€4,182 | -3.1% |
| Financial income | 75/76B | €6,331 | €6,288 | -€43 | -0.7% |
| Recurring financial income | 75 | €6,331 | €6,288 | -€43 | -0.7% |
| Financial charges | 65/66B | €1,582 | €9,778 | +€8,196 | +518.1% |
| Recurring financial charges | 65 | €1,582 | €7,278 | +€5,696 | +360.1% |
| Non-recurring financial charges | 66B | - | €2,500 | +€2,500 | |
| Profit (loss) for the period before taxes | 9903 | €140,229 | €127,808 | -€12,421 | -8.9% |
| Income taxes | 67/77 | €31,494 | €30,226 | -€1,268 | -4.0% |
| Profit (loss) for the period | 9904 | €108,735 | €97,581 | -€11,154 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €108,735 | €97,581 | -€11,154 | -10.3% |
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 2 October 2026 via checked.be.