BM PRESSE: 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 PRESSE
Largest movements
- Intangible fixed assets +€98,000
up €98,000 (+817%), from €12,000 to €110,000
- Cash +€71,449
up €71,449 (+88.9%), from €80,350 to €151,798
mainly Accrued charges and deferred income (+€100,109) and Net result for the year (+€98,930)
- Stocks and contracts +€24,934
up €24,934 (+7.9%), from €317,446 to €342,381
- Deferred charges and accrued income +€17,864
new in 2025: €17,864
- Receivables within one year +€16,268
up €16,268 (+21.1%), from €77,159 to €93,427
of which Other amounts receivable: +€19,508
- Accrued charges and deferred income +€100,109
up €100,109 (+1,067%), from €9,386 to €109,495
- Profit (loss) carried forward +€98,930
up €98,930 (+599%), from €16,529 to €115,459
- Trade debts +€11,555
up €11,555 (+2.5%), from €471,091 to €482,645
- Gross operating margin +€70,940
up €70,940 (+7.7%), from €920,681 to €991,621
- Depreciation +€19,106
up €19,106, from €0 to €19,106
- Other operating charges -€15,106
down €15,106 (-40.9%), from €36,908 to €21,802
- Staff costs +€11,908
up €11,908 (+1.4%), from €822,274 to €834,182
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 | €580,629 | €795,905 | +€215,276 | +37.1% |
| Fixed assets | 21/28 | €105,674 | €190,435 | +€84,761 | +80.2% |
| Intangible fixed assets | 21 | €12,000 | €110,000 | +€98,000 | +817% |
| Tangible fixed assets | 22/27 | €91,634 | €78,395 | -€13,239 | -14.4% |
| Land and buildings | 22 | €47,767 | €40,505 | -€7,261 | -15.2% |
| Plant, machinery and equipment | 23 | €38,403 | €31,601 | -€6,802 | -17.7% |
| Furniture and vehicles | 24 | €5,465 | €6,290 | +€825 | +15.1% |
| Financial fixed assets | 28 | €2,040 | €2,040 | = | 0.0% |
| Current assets | 29/58 | €474,955 | €605,469 | +€130,514 | +27.5% |
| Stocks and contracts in progress | 3 | €317,446 | €342,381 | +€24,934 | +7.9% |
| Stocks | 30/36 | €317,446 | €342,381 | +€24,934 | +7.9% |
| Amounts receivable within one year | 40/41 | €77,159 | €93,427 | +€16,268 | +21.1% |
| Trade receivables | 40 | €3,240 | €0 | -€3,240 | -100% |
| Other amounts receivable | 41 | €73,919 | €93,427 | +€19,508 | +26.4% |
| Cash at bank and in hand | 54/58 | €80,350 | €151,798 | +€71,449 | +88.9% |
| Deferred charges and accrued income | 490/1 | - | €17,864 | +€17,864 | |
| Total equity and liabilities | 10/49 | €580,629 | €795,905 | +€215,276 | +37.1% |
| Equity | 10/15 | €36,989 | €135,919 | +€98,930 | +267% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,529 | €115,459 | +€98,930 | +599% |
| Amounts payable | 17/49 | €543,640 | €659,986 | +€116,346 | +21.4% |
| Amounts payable within one year | 42/48 | €534,254 | €550,491 | +€16,237 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €23,208 | €24,662 | +€1,453 | +6.3% |
| Trade debts | 44 | €471,091 | €482,645 | +€11,555 | +2.5% |
| Suppliers | 440/4 | €471,091 | €482,645 | +€11,555 | +2.5% |
| Taxes, remuneration and social security | 45 | €22,303 | €25,531 | +€3,228 | +14.5% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €22,303 | €25,531 | +€3,228 | +14.5% |
| Other amounts payable | 47/48 | €17,653 | €17,653 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €9,386 | €109,495 | +€100,109 | +1,067% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €822,274 | €834,182 | +€11,908 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €19,106 | +€19,106 | |
| Other operating charges | 640/8 | €36,908 | €21,802 | -€15,106 | -40.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €920,681 | €991,621 | +€70,940 | +7.7% |
| Operating profit (loss) | 9901 | €61,499 | €116,531 | +€55,032 | +89.5% |
| Financial income | 75/76B | €167 | €73 | -€94 | -56.5% |
| Recurring financial income | 75 | €167 | €73 | -€94 | -56.5% |
| Financial charges | 65/66B | €12,712 | €16,473 | +€3,761 | +29.6% |
| Recurring financial charges | 65 | €12,712 | €16,473 | +€3,761 | +29.6% |
| Profit (loss) for the period before taxes | 9903 | €48,954 | €100,130 | +€51,176 | +105% |
| Income taxes | 67/77 | €0 | €1,200 | +€1,200 | |
| Profit (loss) for the period | 9904 | €48,954 | €98,930 | +€49,976 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €48,954 | €98,930 | +€49,976 | +102% |
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.