BM HR: 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 HR
Largest movements
- Cash +€46,323
up €46,323 (+246.9%), from €18,765 to €65,088
mainly Net result for the year (+€44,499) and Tax, wage and social debts (+€17,900)
- Tangible fixed assets +€14,072
new in 2025: €14,072
of which Furniture and vehicles: +€11,120
- Receivables within one year -€2,613
down €2,613 (-17.9%), from €14,605 to €11,992
- Reserves +€44,499
up €44,499 (+686.0%), from €6,487 to €50,985
- Tax, wage and social debts +€17,900
up €17,900 (+132.5%), from €13,514 to €31,414
of which Taxes: +€17,900
- Trade debts -€3,773
down €3,773 (-86.5%), from €4,361 to €588
- Gross operating margin +€48,942
up €48,942 (+449.4%), from €10,890 to €59,833
- Taxes +€10,495
up €10,495 (+500.2%), from €2,098 to €12,594
- Financial charges +€1,924
up €1,924 (+7558.8%), from €25 to €1,950
- Depreciation -€1,512
down €1,512 (-66.3%), from €2,280 to €768
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 | €33,370 | €91,153 | +€57,783 | +173.2% |
| Fixed assets | 21/28 | - | €14,072 | +€14,072 | |
| Tangible fixed assets | 22/27 | - | €14,072 | +€14,072 | |
| Plant, machinery and equipment | 23 | - | €2,952 | +€2,952 | |
| Furniture and vehicles | 24 | - | €11,120 | +€11,120 | |
| Current assets | 29/58 | €33,370 | €77,081 | +€43,711 | +131.0% |
| Amounts receivable within one year | 40/41 | €14,605 | €11,992 | -€2,613 | -17.9% |
| Trade receivables | 40 | €14,605 | €11,992 | -€2,613 | -17.9% |
| Cash at bank and in hand | 54/58 | €18,765 | €65,088 | +€46,323 | +246.9% |
| Total equity and liabilities | 10/49 | €33,370 | €91,153 | +€57,783 | +173.2% |
| Equity | 10/15 | €11,487 | €55,985 | +€44,499 | +387.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €6,487 | €50,985 | +€44,499 | +686.0% |
| Distributable reserves | 133 | €6,487 | €50,985 | +€44,499 | +686.0% |
| Amounts payable | 17/49 | €21,883 | €35,167 | +€13,284 | +60.7% |
| Amounts payable within one year | 42/48 | €21,883 | €35,167 | +€13,284 | +60.7% |
| Trade debts | 44 | €4,361 | €588 | -€3,773 | -86.5% |
| Suppliers | 440/4 | €4,361 | €588 | -€3,773 | -86.5% |
| Taxes, remuneration and social security | 45 | €13,514 | €31,414 | +€17,900 | +132.5% |
| Taxes | 450/3 | €10,614 | €28,514 | +€17,900 | +168.6% |
| Remuneration and social security | 454/9 | €2,900 | €2,900 | = | 0.0% |
| Other amounts payable | 47/48 | €4,009 | €3,165 | -€843 | -21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,280 | €768 | -€1,512 | -66.3% |
| Other operating charges | 640/8 | - | €22 | +€22 | |
| Gross operating margin | 9900 | €10,890 | €59,833 | +€48,942 | +449.4% |
| Operating profit (loss) | 9901 | €8,610 | €59,042 | +€50,432 | +585.7% |
| Financial charges | 65/66B | €25 | €1,950 | +€1,924 | +7558.8% |
| Recurring financial charges | 65 | €25 | €1,950 | +€1,924 | +7558.8% |
| Profit (loss) for the period before taxes | 9903 | €8,585 | €57,092 | +€48,507 | +565.0% |
| Income taxes | 67/77 | €2,098 | €12,594 | +€10,495 | +500.2% |
| Profit (loss) for the period | 9904 | €6,487 | €44,499 | +€38,012 | +586.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,487 | €44,499 | +€38,012 | +586.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.