BM GLOBEX: 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 GLOBEX
Largest movements
- Receivables within one year -€8,669
no longer reported in 2025 (was €8,669)
of which Other amounts receivable: -€6,305
- Tangible fixed assets -€5,154
down €5,154 (-21.7%), from €23,758 to €18,604
of which Furniture and vehicles: -€4,651
- Cash -€3,753
down €3,753 (-39.6%), from €9,469 to €5,716
mainly Net result for the year (-€30,023) and Debts after one year (-€4,795)
- Profit (loss) carried forward -€30,023
down €30,023, from €14,401 to -€15,622
- Other debts +€22,978
new in 2025: €22,978
- Debts after one year -€4,795
down €4,795 (-23.1%), from €20,759 to €15,964
- Trade debts -€3,971
no longer reported in 2025 (was €3,971)
- Tax, wage and social debts -€1,766
no longer reported in 2025 (was €1,766)
- Turnover -€24,386
down €24,386 (-53.8%), from €45,350 to €20,964
- Gross operating margin -€21,101
down €21,101 (-60.7%), from €34,761 to €13,660
- Purchases and services -€12,435
down €12,435 (-63.0%), from €19,739 to €7,304
- Staff costs +€10,404
up €10,404 (+37.9%), from €27,429 to €37,833
- Depreciation +€4,652
up €4,652 (+924%), from €503 to €5,155
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 | €41,897 | €24,320 | -€17,577 | -42.0% |
| Fixed assets | 21/28 | €23,758 | €18,604 | -€5,154 | -21.7% |
| Tangible fixed assets | 22/27 | €23,758 | €18,604 | -€5,154 | -21.7% |
| Plant, machinery and equipment | 23 | €503 | - | -€503 | |
| Furniture and vehicles | 24 | €23,255 | €18,604 | -€4,651 | -20.0% |
| Current assets | 29/58 | €18,139 | €5,716 | -€12,423 | -68.5% |
| Amounts receivable within one year | 40/41 | €8,669 | - | -€8,669 | |
| Trade receivables | 40 | €2,364 | - | -€2,364 | |
| Other amounts receivable | 41 | €6,305 | - | -€6,305 | |
| Cash at bank and in hand | 54/58 | €9,469 | €5,716 | -€3,753 | -39.6% |
| Total equity and liabilities | 10/49 | €41,897 | €24,320 | -€17,577 | -42.0% |
| Equity | 10/15 | €15,401 | -€14,622 | -€30,023 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,401 | -€15,622 | -€30,023 | |
| Amounts payable | 17/49 | €26,496 | €38,942 | +€12,446 | +47.0% |
| Amounts payable after more than one year | 17 | €20,759 | €15,964 | -€4,795 | -23.1% |
| Financial debts | 170/4 | €20,759 | €15,964 | -€4,795 | -23.1% |
| Amounts payable within one year | 42/48 | €5,737 | €22,978 | +€17,241 | +301% |
| Trade debts | 44 | €3,971 | - | -€3,971 | |
| Suppliers | 440/4 | €3,971 | - | -€3,971 | |
| Taxes, remuneration and social security | 45 | €1,766 | - | -€1,766 | |
| Remuneration and social security | 454/9 | €1,766 | - | -€1,766 | |
| Other amounts payable | 47/48 | - | €22,978 | +€22,978 | |
| Turnover | 70 | €45,350 | €20,964 | -€24,386 | -53.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €19,739 | €7,304 | -€12,435 | -63.0% |
| Remuneration, social security and pensions | 62 | €27,429 | €37,833 | +€10,404 | +37.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €503 | €5,155 | +€4,652 | +924% |
| Other operating charges | 640/8 | €3,349 | - | -€3,349 | |
| Gross operating margin | 9900 | €34,761 | €13,660 | -€21,101 | -60.7% |
| Operating profit (loss) | 9901 | €3,479 | -€29,328 | -€32,807 | |
| Financial charges | 65/66B | €843 | €695 | -€148 | -17.5% |
| Recurring financial charges | 65 | €843 | €695 | -€148 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €2,637 | -€30,023 | -€32,660 | |
| Profit (loss) for the period | 9904 | €2,637 | -€30,023 | -€32,660 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,637 | -€30,023 | -€32,660 |
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 16 October 2026 via checked.be.