BM TRADING: 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 TRADING
Largest movements
- Tangible fixed assets +€12,738
up €12,738 (+274%), from €4,650 to €17,388
of which Furniture and vehicles: +€13,338
- Receivables within one year -€8,635
down €8,635 (-53.2%), from €16,229 to €7,595
of which Trade receivables: -€12,100
- Cash +€1,207
up €1,207 (+1.6%), from €77,443 to €78,650
mainly Net result for the year (+€27,238) and Tax, wage and social debts (+€10,138)
- Tax, wage and social debts +€10,138
up €10,138 (+665%), from €1,523 to €11,661
- Reserves -€9,725
down €9,725 (-19.6%), from €49,581 to €39,857
of which Distributable reserves: -€9,725
- Other debts +€5,995
up €5,995 (+13.5%), from €44,557 to €50,552
- Trade debts -€2,545
down €2,545 (-100%), from €2,545 to €0
- Gross operating margin -€22,630
down €22,630 (-34.4%), from €65,829 to €43,199
- Taxes -€6,201
down €6,201 (-44.3%), from €14,009 to €7,807
- Depreciation +€5,386
up €5,386 (+647%), from €833 to €6,219
- Financial income -€890
down €890 (-100%), from €890 to €0
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 | €99,207 | €103,632 | +€4,425 | +4.5% |
| Fixed assets | 21/28 | €4,650 | €17,388 | +€12,738 | +274% |
| Tangible fixed assets | 22/27 | €4,650 | €17,388 | +€12,738 | +274% |
| Furniture and vehicles | 24 | €0 | €13,338 | +€13,338 | |
| Other tangible fixed assets | 26 | €4,650 | €4,050 | -€600 | -12.9% |
| Current assets | 29/58 | €94,557 | €86,245 | -€8,313 | -8.8% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €16,229 | €7,595 | -€8,635 | -53.2% |
| Trade receivables | 40 | €12,230 | €130 | -€12,100 | -98.9% |
| Other amounts receivable | 41 | €3,999 | €7,465 | +€3,465 | +86.7% |
| Cash at bank and in hand | 54/58 | €77,443 | €78,650 | +€1,207 | +1.6% |
| Deferred charges and accrued income | 490/1 | €885 | €0 | -€885 | -100% |
| Total equity and liabilities | 10/49 | €99,207 | €103,632 | +€4,425 | +4.5% |
| Equity | 10/15 | €50,581 | €40,857 | -€9,725 | -19.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €49,581 | €39,857 | -€9,725 | -19.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €49,581 | €39,857 | -€9,725 | -19.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €48,626 | €62,776 | +€14,150 | +29.1% |
| Amounts payable within one year | 42/48 | €48,626 | €62,214 | +€13,588 | +27.9% |
| Trade debts | 44 | €2,545 | €0 | -€2,545 | -100% |
| Suppliers | 440/4 | €2,545 | €0 | -€2,545 | -100% |
| Taxes, remuneration and social security | 45 | €1,523 | €11,661 | +€10,138 | +665% |
| Taxes | 450/3 | €1,523 | €11,661 | +€10,138 | +665% |
| Other amounts payable | 47/48 | €44,557 | €50,552 | +€5,995 | +13.5% |
| Accrued charges and deferred income | 492/3 | - | €562 | +€562 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €833 | €6,219 | +€5,386 | +647% |
| Other operating charges | 640/8 | €1,018 | €1,050 | +€31 | +3.1% |
| Gross operating margin | 9900 | €65,829 | €43,199 | -€22,630 | -34.4% |
| Operating profit (loss) | 9901 | €63,978 | €35,930 | -€28,047 | -43.8% |
| Financial income | 75/76B | €890 | €0 | -€890 | -100% |
| Recurring financial income | 75 | €890 | €0 | -€890 | -100% |
| Financial charges | 65/66B | €1,094 | €885 | -€209 | -19.1% |
| Recurring financial charges | 65 | €1,094 | €885 | -€209 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €63,773 | €35,046 | -€28,728 | -45.0% |
| Income taxes | 67/77 | €14,009 | €7,807 | -€6,201 | -44.3% |
| Profit (loss) for the period | 9904 | €49,765 | €27,238 | -€22,526 | -45.3% |
| Profit (loss) for the period to be appropriated | 9905 | €49,765 | €27,238 | -€22,526 | -45.3% |
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 19 October 2026 via checked.be.