BMA-PRO: 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.
BMA-PRO
Largest movements
- Tangible fixed assets -€15,244
down €15,244 (-25.4%), from €59,971 to €44,727
of which Furniture and vehicles: -€14,636
- Cash +€14,873
up €14,873 (+22.2%), from €66,918 to €81,792
mainly Net result for the year (+€35,041) and Accrued charges and deferred income (+€15,373)
- Other debts -€44,344
down €44,344 (-89.5%), from €49,544 to €5,200
- Profit (loss) carried forward +€35,041
new in 2025: €35,041
- Debts after one year -€24,170
down €24,170 (-38.1%), from €63,500 to €39,330
- Accrued charges and deferred income +€15,373
new in 2025: €15,373
- Current portion of long-term debt +€10,798
up €10,798 (+727.8%), from €1,484 to €12,281
- Gross operating margin -€10,876
down €10,876 (-14.2%), from €76,833 to €65,957
- Taxes -€3,028
down €3,028 (-18.5%), from €16,359 to €13,331
- Financial charges +€1,898
up €1,898 (+695.0%), from €273 to €2,171
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 | €167,301 | €168,290 | +€989 | +0.6% |
| Fixed assets | 21/28 | €59,971 | €44,727 | -€15,244 | -25.4% |
| Tangible fixed assets | 22/27 | €59,971 | €44,727 | -€15,244 | -25.4% |
| Plant, machinery and equipment | 23 | €1,427 | €819 | -€608 | -42.6% |
| Furniture and vehicles | 24 | €58,544 | €43,908 | -€14,636 | -25.0% |
| Current assets | 29/58 | €107,330 | €123,563 | +€16,233 | +15.1% |
| Amounts receivable within one year | 40/41 | €40,412 | €41,162 | +€751 | +1.9% |
| Trade receivables | 40 | €40,067 | €40,995 | +€928 | +2.3% |
| Other amounts receivable | 41 | €345 | €168 | -€177 | -51.4% |
| Cash at bank and in hand | 54/58 | €66,918 | €81,792 | +€14,873 | +22.2% |
| Deferred charges and accrued income | 490/1 | - | €609 | +€609 | |
| Total equity and liabilities | 10/49 | €167,301 | €168,290 | +€989 | +0.6% |
| Equity | 10/15 | €41,476 | €76,517 | +€35,041 | +84.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €31,476 | €31,476 | = | 0.0% |
| Distributable reserves | 133 | €31,476 | €31,476 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €35,041 | +€35,041 | |
| Amounts payable | 17/49 | €125,825 | €91,773 | -€34,052 | -27.1% |
| Amounts payable after more than one year | 17 | €63,500 | €39,330 | -€24,170 | -38.1% |
| Financial debts | 170/4 | €63,500 | €39,330 | -€24,170 | -38.1% |
| Amounts payable within one year | 42/48 | €62,325 | €37,070 | -€25,255 | -40.5% |
| Current portion of amounts payable after more than one year | 42 | €1,484 | €12,281 | +€10,798 | +727.8% |
| Trade debts | 44 | €2,002 | €3,000 | +€997 | +49.8% |
| Suppliers | 440/4 | €2,002 | €3,000 | +€997 | +49.8% |
| Taxes, remuneration and social security | 45 | €9,295 | €16,589 | +€7,294 | +78.5% |
| Taxes | 450/3 | €9,295 | €16,589 | +€7,294 | +78.5% |
| Other amounts payable | 47/48 | €49,544 | €5,200 | -€44,344 | -89.5% |
| Accrued charges and deferred income | 492/3 | - | €15,373 | +€15,373 | |
| Non-recurring operating income | 76A | €2,156 | - | -€2,156 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,375 | €15,244 | -€131 | -0.9% |
| Other operating charges | 640/8 | €168 | €170 | +€2 | +1.2% |
| Gross operating margin | 9900 | €76,833 | €65,957 | -€10,876 | -14.2% |
| Operating profit (loss) | 9901 | €61,289 | €50,543 | -€10,747 | -17.5% |
| Financial charges | 65/66B | €273 | €2,171 | +€1,898 | +695.0% |
| Recurring financial charges | 65 | €273 | €2,171 | +€1,898 | +695.0% |
| Profit (loss) for the period before taxes | 9903 | €61,016 | €48,372 | -€12,644 | -20.7% |
| Income taxes | 67/77 | €16,359 | €13,331 | -€3,028 | -18.5% |
| Profit (loss) for the period | 9904 | €44,657 | €35,041 | -€9,616 | -21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,657 | €35,041 | -€9,616 | -21.5% |
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 6 October 2026 via checked.be.