BM Technology: what changed
Two fiscal 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 Technology
Largest movements
- Tangible fixed assets +€56,171
up €56,171 (+94.1%), from €59,683 to €115,855
of which Furniture and vehicles: +€65,625
- Cash -€49,797
down €49,797 (-30.2%), from €164,955 to €115,157
mainly Investment in fixed assets (net) (-€92,043) and Trade debts (-€18,655)
- Receivables within one year -€7,346
down €7,346 (-72.4%), from €10,147 to €2,800
of which Trade receivables: -€4,543
- Trade debts -€18,655
down €18,655 (-55.9%), from €33,374 to €14,719
- Debts after one year +€13,425
up €13,425 (+65.6%), from €20,459 to €33,884
- Tax, wage and social debts -€10,264
down €10,264 (-98.6%), from €10,405 to €141
- Current portion of long-term debt +€6,346
up €6,346 (+39.9%), from €15,898 to €22,244
- Reserves +€4,594
up €4,594 (+4.2%), from €108,729 to €113,323
- Gross operating margin -€21,686
down €21,686 (-32.7%), from €66,308 to €44,621
- Depreciation +€11,245
up €11,245 (+45.7%), from €24,626 to €35,871
- Taxes -€10,264
down €10,264 (-98.6%), from €10,405 to €141
- Other operating charges +€772
up €772 (+98.5%), from €783 to €1,555
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 | €235,465 | €234,393 | -€1,071 | -0.5% |
| Fixed assets | 21/28 | €59,683 | €115,855 | +€56,171 | +94.1% |
| Tangible fixed assets | 22/27 | €59,683 | €115,855 | +€56,171 | +94.1% |
| Land and buildings | 22 | €2,276 | €2,151 | -€125 | -5.5% |
| Plant, machinery and equipment | 23 | €1,768 | €1,030 | -€738 | -41.7% |
| Furniture and vehicles | 24 | €30,101 | €95,727 | +€65,625 | +218.0% |
| Leasing and similar rights | 25 | €25,539 | €16,947 | -€8,591 | -33.6% |
| Current assets | 29/58 | €175,781 | €118,539 | -€57,243 | -32.6% |
| Amounts receivable within one year | 40/41 | €10,147 | €2,800 | -€7,346 | -72.4% |
| Trade receivables | 40 | €5,133 | €590 | -€4,543 | -88.5% |
| Other amounts receivable | 41 | €5,014 | €2,210 | -€2,804 | -55.9% |
| Cash at bank and in hand | 54/58 | €164,955 | €115,157 | -€49,797 | -30.2% |
| Deferred charges and accrued income | 490/1 | €680 | €581 | -€99 | -14.6% |
| Total equity and liabilities | 10/49 | €235,465 | €234,393 | -€1,071 | -0.5% |
| Equity | 10/15 | €113,729 | €118,323 | +€4,594 | +4.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €108,729 | €113,323 | +€4,594 | +4.2% |
| Distributable reserves | 133 | €108,729 | €113,323 | +€4,594 | +4.2% |
| Amounts payable | 17/49 | €121,736 | €116,070 | -€5,665 | -4.7% |
| Amounts payable after more than one year | 17 | €20,459 | €33,884 | +€13,425 | +65.6% |
| Financial debts | 170/4 | €20,459 | €33,884 | +€13,425 | +65.6% |
| Amounts payable within one year | 42/48 | €101,276 | €82,186 | -€19,090 | -18.8% |
| Current portion of amounts payable after more than one year | 42 | €15,898 | €22,244 | +€6,346 | +39.9% |
| Trade debts | 44 | €33,374 | €14,719 | -€18,655 | -55.9% |
| Suppliers | 440/4 | €33,374 | €14,719 | -€18,655 | -55.9% |
| Taxes, remuneration and social security | 45 | €10,405 | €141 | -€10,264 | -98.6% |
| Taxes | 450/3 | €10,405 | €141 | -€10,264 | -98.6% |
| Other amounts payable | 47/48 | €41,599 | €45,082 | +€3,483 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,626 | €35,871 | +€11,245 | +45.7% |
| Other operating charges | 640/8 | €783 | €1,555 | +€772 | +98.5% |
| Gross operating margin | 9900 | €66,308 | €44,621 | -€21,686 | -32.7% |
| Operating profit (loss) | 9901 | €40,898 | €7,195 | -€33,703 | -82.4% |
| Financial income | 75/76B | €161 | €0 | -€161 | -100.0% |
| Recurring financial income | 75 | €161 | €0 | -€161 | -100.0% |
| Financial charges | 65/66B | €2,013 | €2,460 | +€447 | +22.2% |
| Recurring financial charges | 65 | €2,013 | €2,460 | +€447 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | €39,046 | €4,735 | -€34,311 | -87.9% |
| Income taxes | 67/77 | €10,405 | €141 | -€10,264 | -98.6% |
| Profit (loss) for the period | 9904 | €28,641 | €4,594 | -€24,047 | -84.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,641 | €4,594 | -€24,047 | -84.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.