BM MOTORS: 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 MOTORS
Largest movements
- Stocks and contracts -€161,337
down €161,337 (-31.4%), from €513,561 to €352,224
- Receivables within one year -€139,768
down €139,768 (-39.8%), from €351,287 to €211,519
of which Trade receivables: -€108,301
- Tangible fixed assets -€36,858
down €36,858 (-19.3%), from €191,291 to €154,432
of which Other tangible fixed assets: -€28,275
- Cash -€23,491
down €23,491 (-52.3%), from €44,952 to €21,461
mainly Trade debts (-€329,491) and Other debts (-€80,961)
- Trade debts -€329,491
down €329,491 (-61.3%), from €537,119 to €207,628
- Other debts -€80,961
down €80,961 (-90.5%), from €89,492 to €8,531
- Debts after one year +€52,726
up €52,726 (+87.2%), from €60,444 to €113,171
- Profit (loss) carried forward +€49,447
up €49,447 (+39.4%), from -€125,545 to -€76,097
- Tax, wage and social debts -€42,527
down €42,527 (-33.7%), from €126,139 to €83,612
of which Taxes: -€36,208
- Gross operating margin -€88,240
down €88,240 (-25.7%), from €343,836 to €255,596
- Staff costs -€61,938
down €61,938 (-31.5%), from €196,516 to €134,578
- Financial charges -€8,999
down €8,999 (-23.5%), from €38,364 to €29,365
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 | €1,155,226 | €802,613 | -€352,614 | -30.5% |
| Fixed assets | 21/28 | €241,634 | €204,776 | -€36,858 | -15.3% |
| Tangible fixed assets | 22/27 | €191,291 | €154,432 | -€36,858 | -19.3% |
| Plant, machinery and equipment | 23 | €5,017 | €4,915 | -€102 | -2.0% |
| Furniture and vehicles | 24 | €17,516 | €9,035 | -€8,481 | -48.4% |
| Other tangible fixed assets | 26 | €168,757 | €140,482 | -€28,275 | -16.8% |
| Financial fixed assets | 28 | €50,344 | €50,344 | = | 0.0% |
| Current assets | 29/58 | €913,592 | €597,837 | -€315,756 | -34.6% |
| Stocks and contracts in progress | 3 | €513,561 | €352,224 | -€161,337 | -31.4% |
| Stocks | 30/36 | €513,561 | €352,224 | -€161,337 | -31.4% |
| Amounts receivable within one year | 40/41 | €351,287 | €211,519 | -€139,768 | -39.8% |
| Trade receivables | 40 | €262,177 | €153,875 | -€108,301 | -41.3% |
| Other amounts receivable | 41 | €89,110 | €57,644 | -€31,466 | -35.3% |
| Cash at bank and in hand | 54/58 | €44,952 | €21,461 | -€23,491 | -52.3% |
| Deferred charges and accrued income | 490/1 | €3,793 | €12,633 | +€8,840 | +233% |
| Total equity and liabilities | 10/49 | €1,155,226 | €802,613 | -€352,614 | -30.5% |
| Equity | 10/15 | -€10,029 | €39,418 | +€49,447 | |
| Contributions | 10/11 | €93,600 | €93,600 | = | 0.0% |
| Reserves | 13 | €21,916 | €21,916 | = | 0.0% |
| Distributable reserves | 133 | €21,916 | €21,916 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,545 | -€76,097 | +€49,447 | +39.4% |
| Amounts payable | 17/49 | €1,165,256 | €763,194 | -€402,061 | -34.5% |
| Amounts payable after more than one year | 17 | €60,444 | €113,171 | +€52,726 | +87.2% |
| Financial debts | 170/4 | €60,444 | €113,171 | +€52,726 | +87.2% |
| Amounts payable within one year | 42/48 | €1,104,811 | €650,024 | -€454,788 | -41.2% |
| Current portion of amounts payable after more than one year | 42 | €24,082 | €22,274 | -€1,808 | -7.5% |
| Financial debts | 43 | €325,000 | €325,000 | = | 0.0% |
| Credit institutions | 430/8 | €325,000 | €325,000 | = | 0.0% |
| Trade debts | 44 | €537,119 | €207,628 | -€329,491 | -61.3% |
| Suppliers | 440/4 | €537,119 | €207,628 | -€329,491 | -61.3% |
| Advances received on contracts in progress | 46 | €2,979 | €2,979 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €126,139 | €83,612 | -€42,527 | -33.7% |
| Taxes | 450/3 | €98,013 | €61,806 | -€36,208 | -36.9% |
| Remuneration and social security | 454/9 | €28,126 | €21,807 | -€6,319 | -22.5% |
| Other amounts payable | 47/48 | €89,492 | €8,531 | -€80,961 | -90.5% |
| Remuneration, social security and pensions | 62 | €196,516 | €134,578 | -€61,938 | -31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,455 | €40,092 | -€1,363 | -3.3% |
| Other operating charges | 640/8 | €5,729 | €3,181 | -€2,548 | -44.5% |
| Gross operating margin | 9900 | €343,836 | €255,596 | -€88,240 | -25.7% |
| Operating profit (loss) | 9901 | €100,136 | €77,745 | -€22,391 | -22.4% |
| Financial income | 75/76B | €1,300 | €1,257 | -€42 | -3.3% |
| Recurring financial income | 75 | €1,300 | €1,257 | -€42 | -3.3% |
| Financial charges | 65/66B | €38,364 | €29,365 | -€8,999 | -23.5% |
| Recurring financial charges | 65 | €38,364 | €29,365 | -€8,999 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €63,072 | €49,637 | -€13,434 | -21.3% |
| Income taxes | 67/77 | €262 | €190 | -€72 | -27.5% |
| Profit (loss) for the period | 9904 | €62,810 | €49,447 | -€13,362 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €62,810 | €49,447 | -€13,362 | -21.3% |
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 28 October 2026 via checked.be.