BMA: 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.
What changed
BMA
NACE 47.820, Retail sale of motor vehicle parts and accessories
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€19,114
2023 · €55,435-€36,321
Equity
€537,338
2023 · €533,963+€3,375
Cash
€31,184
2023 · €15,003+€16,181
Balance sheet total
€5.3m
2023 · €4.9m+€349,718
Largest movements
Assets
- Stocks and contracts +€474,924
up €474,924 (+19.5%), from €2.4m to €2.9m
- Tangible fixed assets -€129,720
down €129,720 (-6.8%), from €1.9m to €1.8m
of which Land and buildings: -€120,813
Equity and liabilities
- Short-term financial debts +€250,000
up €250,000 (+39.4%), from €635,000 to €885,000
- Debts after one year -€165,432
down €165,432 (-6.7%), from €2.5m to €2.3m
of which Financial debts: -€165,432
- Other debts +€160,396
up €160,396 (+40.0%), from €401,173 to €561,568
- Trade debts +€103,577
up €103,577 (+16.9%), from €613,432 to €717,009
Income statement
- Gross operating margin +€55,781
up €55,781 (+10.5%), from €533,346 to €589,128
- Staff costs -€40,347
down €40,347 (-21.7%), from €185,894 to €145,547
- Financial income -€25,398
down €25,398 (-48.3%), from €52,539 to €27,141
- Other operating charges +€25,099
up €25,099 (+164.6%), from €15,250 to €40,349
- Financial charges +€6,730
up €6,730 (+9.1%), from €74,308 to €81,038
From the 2023 result to the 2024 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.
Result 2023
€55,435
Gross operating margin
+€55,781
Staff costs
+€40,347
Depreciation
-€2,025
Write-downs
-€2,521
Other operating charges
-€25,099
Other operating items
-€68,794
Financial income
-€25,398
Financial charges
-€6,730
Taxes
-€1,882
Result 2024
€19,114
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€83,282
Investment
-€127,303
Financing
+€60,202
Cash 2023
€15,003
From operations (derived)
+€83,282
Net result for the year
+€19,114
Depreciation
+€257,023
Stocks and contracts
-€474,924
Receivables within one year
+€17,616
Deferred charges and accrued income
-€5,948
Trade debts
+€103,577
Tax, wage and social debts
-€5,178
Advances received
+€11,500
Other debts
+€160,396
Accrued charges and deferred income
+€107
Investment (derived)
-€127,303
Investment in fixed assets (net)
-€127,303
Financing
+€60,202
Debts after one year
-€165,432
Current portion of long-term debt
-€8,627
Short-term financial debts
+€250,000
Contributions, distributions and other
-€15,739
Cash 2024
€31,184
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,943,057 | €5,292,774 | +€349,718 | +7.1% |
| Fixed assets | 21/28 | €1,993,469 | €1,863,749 | -€129,720 | -6.5% |
| Intangible fixed assets | 21 | €74,368 | €74,368 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,912,376 | €1,782,656 | -€129,720 | -6.8% |
| Land and buildings | 22 | €1,675,595 | €1,554,783 | -€120,813 | -7.2% |
| Plant, machinery and equipment | 23 | €138,535 | €136,714 | -€1,821 | -1.3% |
| Furniture and vehicles | 24 | €98,245 | €91,160 | -€7,086 | -7.2% |
| Financial fixed assets | 28 | €6,725 | €6,725 | = | 0.0% |
| Current assets | 29/58 | €2,949,588 | €3,429,025 | +€479,437 | +16.3% |
| Stocks and contracts in progress | 3 | €2,433,400 | €2,908,324 | +€474,924 | +19.5% |
| Stocks | 30/36 | €2,433,400 | €2,908,324 | +€474,924 | +19.5% |
| Amounts receivable within one year | 40/41 | €495,128 | €477,511 | -€17,616 | -3.6% |
| Trade receivables | 40 | €494,233 | €476,714 | -€17,519 | -3.5% |
| Other amounts receivable | 41 | €895 | €798 | -€97 | -10.9% |
| Cash at bank and in hand | 54/58 | €15,003 | €31,184 | +€16,181 | +107.9% |
| Deferred charges and accrued income | 490/1 | €6,057 | €12,005 | +€5,948 | +98.2% |
| Total equity and liabilities | 10/49 | €4,943,057 | €5,292,774 | +€349,718 | +7.1% |
| Equity | 10/15 | €533,963 | €537,338 | +€3,375 | +0.6% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Reserves | 13 | €176,119 | €191,119 | +€15,000 | +8.5% |
| Non-distributable reserves | 130/1 | €9,500 | €9,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,500 | €9,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,619 | €1,619 | = | 0.0% |
| Distributable reserves | 133 | €165,000 | €180,000 | +€15,000 | +9.1% |
| Profit (loss) carried forward | 14 | €308 | €4,422 | +€4,114 | +1335.8% |
| Investment grants | 15 | €177,536 | €161,797 | -€15,739 | -8.9% |
| Amounts payable | 17/49 | €4,409,094 | €4,755,437 | +€346,342 | +7.9% |
| Amounts payable after more than one year | 17 | €2,459,355 | €2,293,923 | -€165,432 | -6.7% |
| Financial debts | 170/4 | €1,114,355 | €948,923 | -€165,432 | -14.8% |
| Other amounts payable | 178/9 | €1,345,000 | €1,345,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,948,082 | €2,459,749 | +€511,667 | +26.3% |
| Current portion of amounts payable after more than one year | 42 | €270,238 | €261,610 | -€8,627 | -3.2% |
| Financial debts | 43 | €635,000 | €885,000 | +€250,000 | +39.4% |
| Credit institutions | 430/8 | €635,000 | €885,000 | +€250,000 | +39.4% |
| Trade debts | 44 | €613,432 | €717,009 | +€103,577 | +16.9% |
| Suppliers | 440/4 | €613,432 | €717,009 | +€103,577 | +16.9% |
| Advances received on contracts in progress | 46 | - | €11,500 | +€11,500 | |
| Taxes, remuneration and social security | 45 | €28,240 | €23,062 | -€5,178 | -18.3% |
| Taxes | 450/3 | €17,960 | €11,909 | -€6,051 | -33.7% |
| Remuneration and social security | 454/9 | €10,280 | €11,153 | +€873 | +8.5% |
| Other amounts payable | 47/48 | €401,173 | €561,568 | +€160,396 | +40.0% |
| Accrued charges and deferred income | 492/3 | €1,657 | €1,764 | +€107 | +6.5% |
| Non-recurring operating income | 76A | - | €24,616 | +€24,616 | |
| Remuneration, social security and pensions | 62 | €185,894 | €145,547 | -€40,347 | -21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €254,998 | €257,023 | +€2,025 | +0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,521 | +€2,521 | |
| Other operating charges | 640/8 | €15,250 | €40,349 | +€25,099 | +164.6% |
| Non-recurring operating charges | 66A | - | €68,794 | +€68,794 | |
| Gross operating margin | 9900 | €533,346 | €589,128 | +€55,781 | +10.5% |
| Operating profit (loss) | 9901 | €77,204 | €74,893 | -€2,310 | -3.0% |
| Financial income | 75/76B | €52,539 | €27,141 | -€25,398 | -48.3% |
| Recurring financial income | 75 | €52,539 | €27,141 | -€25,398 | -48.3% |
| Financial charges | 65/66B | €74,308 | €81,038 | +€6,730 | +9.1% |
| Recurring financial charges | 65 | €74,308 | €81,038 | +€6,730 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €55,435 | €20,996 | -€34,439 | -62.1% |
| Income taxes | 67/77 | - | €1,882 | +€1,882 | |
| Profit (loss) for the period | 9904 | €55,435 | €19,114 | -€36,321 | -65.5% |
| Profit (loss) for the period to be appropriated | 9905 | €55,435 | €19,114 | -€36,321 | -65.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.