BM SERVICE ACTIVITIES: 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 SERVICE ACTIVITIES
Largest movements
- Receivables within one year -€22,700
down €22,700 (-28.4%), from €79,847 to €57,147
of which Trade receivables: -€17,443
- Tangible fixed assets -€12,142
down €12,142 (-30.4%), from €39,922 to €27,780
of which Other tangible fixed assets: -€9,001
- Deferred charges and accrued income -€9,840
no longer reported in 2025 (was €9,840)
- Cash -€4,462
down €4,462 (-40.7%), from €10,960 to €6,497
mainly Debts after one year (-€40,000) and Trade debts (-€35,277)
- Debts after one year -€40,000
down €40,000 (-23.7%), from €168,732 to €128,732
- Trade debts -€35,277
down €35,277 (-90.9%), from €38,822 to €3,544
- Profit (loss) carried forward +€18,367
up €18,367 (+10.1%), from -€182,495 to -€164,128
- Tax, wage and social debts +€9,607
up €9,607 (+392%), from €2,453 to €12,061
of which Remuneration and social security: +€7,061
- Gross operating margin -€56,027
down €56,027 (-29.9%), from €187,100 to €131,072
- Staff costs -€11,772
down €11,772 (-11.0%), from €107,495 to €95,723
- Depreciation -€3,547
down €3,547 (-22.6%), from €15,689 to €12,142
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 | €233,746 | €184,602 | -€49,144 | -21.0% |
| Fixed assets | 21/28 | €49,923 | €37,781 | -€12,142 | -24.3% |
| Tangible fixed assets | 22/27 | €39,922 | €27,780 | -€12,142 | -30.4% |
| Furniture and vehicles | 24 | €10,227 | €7,086 | -€3,141 | -30.7% |
| Other tangible fixed assets | 26 | €29,695 | €20,694 | -€9,001 | -30.3% |
| Financial fixed assets | 28 | €10,002 | €10,002 | = | 0.0% |
| Current assets | 29/58 | €183,823 | €146,821 | -€37,002 | -20.1% |
| Stocks and contracts in progress | 3 | €83,177 | €83,177 | = | 0.0% |
| Stocks | 30/36 | €83,177 | €83,177 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €79,847 | €57,147 | -€22,700 | -28.4% |
| Trade receivables | 40 | €68,947 | €51,504 | -€17,443 | -25.3% |
| Other amounts receivable | 41 | €10,900 | €5,643 | -€5,257 | -48.2% |
| Cash at bank and in hand | 54/58 | €10,960 | €6,497 | -€4,462 | -40.7% |
| Deferred charges and accrued income | 490/1 | €9,840 | - | -€9,840 | |
| Total equity and liabilities | 10/49 | €233,746 | €184,602 | -€49,144 | -21.0% |
| Equity | 10/15 | -€24,304 | -€5,937 | +€18,367 | +75.6% |
| Contributions | 10/11 | €143,592 | €143,592 | = | 0.0% |
| Reserves | 13 | €14,599 | €14,599 | = | 0.0% |
| Non-distributable reserves | 130/1 | €588 | - | -€588 | |
| Reserves not available under the articles | 1311 | €588 | - | -€588 | |
| Tax-exempt reserves | 132 | €2,842 | €2,842 | = | 0.0% |
| Distributable reserves | 133 | €11,169 | €11,757 | +€588 | +5.3% |
| Profit (loss) carried forward | 14 | -€182,495 | -€164,128 | +€18,367 | +10.1% |
| Amounts payable | 17/49 | €258,050 | €190,539 | -€67,511 | -26.2% |
| Amounts payable after more than one year | 17 | €168,732 | €128,732 | -€40,000 | -23.7% |
| Other amounts payable | 178/9 | €168,732 | €128,732 | -€40,000 | -23.7% |
| Amounts payable within one year | 42/48 | €89,319 | €61,808 | -€27,511 | -30.8% |
| Financial debts | 43 | €45,000 | €45,000 | = | 0.0% |
| Credit institutions | 430/8 | €45,000 | €45,000 | = | 0.0% |
| Trade debts | 44 | €38,822 | €3,544 | -€35,277 | -90.9% |
| Suppliers | 440/4 | €38,822 | €3,544 | -€35,277 | -90.9% |
| Taxes, remuneration and social security | 45 | €2,453 | €12,061 | +€9,607 | +392% |
| Taxes | 450/3 | €2,453 | €4,999 | +€2,546 | +104% |
| Remuneration and social security | 454/9 | - | €7,061 | +€7,061 | |
| Other amounts payable | 47/48 | €3,043 | €1,203 | -€1,841 | -60.5% |
| Non-recurring operating income | 76A | - | €83 | +€83 | |
| Remuneration, social security and pensions | 62 | €107,495 | €95,723 | -€11,772 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,689 | €12,142 | -€3,547 | -22.6% |
| Other operating charges | 640/8 | €744 | €396 | -€349 | -46.8% |
| Gross operating margin | 9900 | €187,100 | €131,072 | -€56,027 | -29.9% |
| Operating profit (loss) | 9901 | €63,171 | €22,811 | -€40,360 | -63.9% |
| Financial income | 75/76B | €352 | €39 | -€313 | -89.0% |
| Recurring financial income | 75 | €352 | €39 | -€313 | -89.0% |
| Financial charges | 65/66B | €4,589 | €4,307 | -€282 | -6.1% |
| Recurring financial charges | 65 | €4,589 | €4,307 | -€282 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €58,934 | €18,543 | -€40,391 | -68.5% |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | €58,760 | €18,367 | -€40,393 | -68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €58,760 | €18,367 | -€40,393 | -68.7% |
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 30 October 2026 via checked.be.