BMAT GROUP: 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.
BMAT GROUP
Largest movements
- Receivables within one year +€367,563
up €367,563 (+486.6%), from €75,535 to €443,097
of which Other amounts receivable: +€316,001
- Other debts +€615,000
up €615,000 (+52.3%), from €1.2m to €1.8m
- Current portion of long-term debt -€214,139
down €214,139 (-83.2%), from €257,274 to €43,135
- Financial income -€99,820
down €99,820 (-11.1%), from €900,034 to €800,214
- Staff costs +€24,915
up €24,915 (+17.1%), from €145,457 to €170,372
- Gross operating margin +€21,728
up €21,728 (+11.1%), from €196,100 to €217,828
- Financial charges -€2,551
down €2,551 (-53.9%), from €4,729 to €2,178
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 | €3,986,261 | €4,346,175 | +€359,915 | +9.0% |
| Fixed assets | 21/28 | €3,870,000 | €3,870,000 | = | 0.0% |
| Financial fixed assets | 28 | €3,870,000 | €3,870,000 | = | 0.0% |
| Current assets | 29/58 | €116,261 | €476,175 | +€359,915 | +309.6% |
| Amounts receivable within one year | 40/41 | €75,535 | €443,097 | +€367,563 | +486.6% |
| Trade receivables | 40 | €45,507 | €97,069 | +€51,562 | +113.3% |
| Other amounts receivable | 41 | €30,027 | €346,028 | +€316,001 | +1052.4% |
| Cash at bank and in hand | 54/58 | €40,314 | €33,078 | -€7,236 | -17.9% |
| Deferred charges and accrued income | 490/1 | €412 | €0 | -€412 | -100.0% |
| Total equity and liabilities | 10/49 | €3,986,261 | €4,346,175 | +€359,915 | +9.0% |
| Equity | 10/15 | €2,464,321 | €2,464,364 | +€43 | 0.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,402,821 | €2,402,864 | +€43 | 0.0% |
| Amounts payable | 17/49 | €1,521,940 | €1,881,812 | +€359,872 | +23.6% |
| Amounts payable after more than one year | 17 | €43,135 | €0 | -€43,135 | -100.0% |
| Financial debts | 170/4 | €43,135 | €0 | -€43,135 | -100.0% |
| Amounts payable within one year | 42/48 | €1,477,485 | €1,880,492 | +€403,007 | +27.3% |
| Current portion of amounts payable after more than one year | 42 | €257,274 | €43,135 | -€214,139 | -83.2% |
| Trade debts | 44 | €14,087 | €6,262 | -€7,826 | -55.6% |
| Suppliers | 440/4 | €14,087 | €6,262 | -€7,826 | -55.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €31,123 | €41,095 | +€9,972 | +32.0% |
| Taxes | 450/3 | €9,389 | €14,753 | +€5,364 | +57.1% |
| Remuneration and social security | 454/9 | €21,735 | €26,343 | +€4,608 | +21.2% |
| Other amounts payable | 47/48 | €1,175,000 | €1,790,000 | +€615,000 | +52.3% |
| Accrued charges and deferred income | 492/3 | €1,320 | €1,320 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €145,457 | €170,372 | +€24,915 | +17.1% |
| Gross operating margin | 9900 | €196,100 | €217,828 | +€21,728 | +11.1% |
| Operating profit (loss) | 9901 | €50,642 | €47,456 | -€3,186 | -6.3% |
| Financial income | 75/76B | €900,034 | €800,214 | -€99,820 | -11.1% |
| Recurring financial income | 75 | €900,034 | €800,214 | -€99,820 | -11.1% |
| Financial charges | 65/66B | €4,729 | €2,178 | -€2,551 | -53.9% |
| Recurring financial charges | 65 | €4,729 | €2,178 | -€2,551 | -53.9% |
| Profit (loss) for the period before taxes | 9903 | €945,947 | €845,493 | -€100,455 | -10.6% |
| Income taxes | 67/77 | €497 | €450 | -€48 | -9.6% |
| Profit (loss) for the period | 9904 | €945,450 | €845,043 | -€100,407 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €945,450 | €845,043 | -€100,407 | -10.6% |
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 3 October 2026 via checked.be.