BMATIX: 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.
BMATIX
Largest movements
- Receivables within one year +€889,530
up €889,530 (+45.9%), from €1.9m to €2.8m
of which Trade receivables: +€553,958
- Financial fixed assets -€759,716
down €759,716 (-97.4%), from €779,716 to €20,000
- Intangible fixed assets +€350,166
up €350,166 (+4289.9%), from €8,163 to €358,328
- Cash -€101,091
down €101,091 (-20.6%), from €490,931 to €389,840
mainly Receivables within one year (-€889,530) and Other debts (-€269,617)
- Profit (loss) carried forward +€283,705
up €283,705 (+40.0%), from €709,751 to €993,456
- Other debts -€269,617
down €269,617 (-39.4%), from €685,134 to €415,517
- Tax, wage and social debts +€199,876
up €199,876 (+41.4%), from €483,016 to €682,891
of which Remuneration and social security: +€184,944
- Short-term financial debts +€139,266
up €139,266 (+30.5%), from €456,602 to €595,868
- Accrued charges and deferred income +€81,936
up €81,936 (+80.2%), from €102,186 to €184,121
- Turnover +€2.1m
up €2.1m (+39.1%), from €5.4m to €7.5m
- Gross operating margin +€1.8m
up €1.8m (+64.6%), from €2.7m to €4.5m
- Staff costs +€1.4m
up €1.4m (+53.8%), from €2.5m to €3.9m
- Purchases and services +€444,643
up €444,643 (+16.1%), from €2.8m to €3.2m
- Taxes +€103,029
up €103,029 (+185.2%), from €55,633 to €158,661
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 | €3,283,756 | €3,677,108 | +€393,353 | +12.0% |
| Fixed assets | 21/28 | €787,879 | €385,611 | -€402,268 | -51.1% |
| Intangible fixed assets | 21 | €8,163 | €358,328 | +€350,166 | +4289.9% |
| Tangible fixed assets | 22/27 | - | €7,282 | +€7,282 | |
| Plant, machinery and equipment | 23 | - | €7,282 | +€7,282 | |
| Financial fixed assets | 28 | €779,716 | €20,000 | -€759,716 | -97.4% |
| Current assets | 29/58 | €2,495,877 | €3,291,498 | +€795,620 | +31.9% |
| Amounts receivable within one year | 40/41 | €1,938,900 | €2,828,430 | +€889,530 | +45.9% |
| Trade receivables | 40 | €1,337,059 | €1,891,017 | +€553,958 | +41.4% |
| Other amounts receivable | 41 | €601,841 | €937,413 | +€335,572 | +55.8% |
| Cash at bank and in hand | 54/58 | €490,931 | €389,840 | -€101,091 | -20.6% |
| Deferred charges and accrued income | 490/1 | €66,046 | €73,228 | +€7,182 | +10.9% |
| Total equity and liabilities | 10/49 | €3,283,756 | €3,677,108 | +€393,353 | +12.0% |
| Equity | 10/15 | €819,751 | €1,103,456 | +€283,705 | +34.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €709,751 | €993,456 | +€283,705 | +40.0% |
| Amounts payable | 17/49 | €2,464,005 | €2,573,653 | +€109,648 | +4.4% |
| Amounts payable after more than one year | 17 | €96,411 | €24,318 | -€72,093 | -74.8% |
| Financial debts | 170/4 | €96,411 | €24,318 | -€72,093 | -74.8% |
| Amounts payable within one year | 42/48 | €2,265,409 | €2,365,213 | +€99,805 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €70,819 | €72,093 | +€1,274 | +1.8% |
| Financial debts | 43 | €456,602 | €595,868 | +€139,266 | +30.5% |
| Credit institutions | 430/8 | €456,602 | €595,868 | +€139,266 | +30.5% |
| Trade debts | 44 | €569,838 | €598,844 | +€29,007 | +5.1% |
| Suppliers | 440/4 | €569,838 | €598,844 | +€29,007 | +5.1% |
| Taxes, remuneration and social security | 45 | €483,016 | €682,891 | +€199,876 | +41.4% |
| Taxes | 450/3 | €148,940 | €163,871 | +€14,931 | +10.0% |
| Remuneration and social security | 454/9 | €334,076 | €519,020 | +€184,944 | +55.4% |
| Other amounts payable | 47/48 | €685,134 | €415,517 | -€269,617 | -39.4% |
| Accrued charges and deferred income | 492/3 | €102,186 | €184,121 | +€81,936 | +80.2% |
| Turnover | 70 | €5,374,863 | €7,476,771 | +€2.1m | +39.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,769,107 | €3,213,750 | +€444,643 | +16.1% |
| Remuneration, social security and pensions | 62 | €2,542,535 | €3,909,649 | +€1.4m | +53.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,041 | €53,862 | +€51,822 | +2539.5% |
| Other operating charges | 640/8 | €3,276 | €3,546 | +€269 | +8.2% |
| Gross operating margin | 9900 | €2,741,303 | €4,513,405 | +€1.8m | +64.6% |
| Operating profit (loss) | 9901 | €193,452 | €546,348 | +€352,897 | +182.4% |
| Financial income | 75/76B | €2,002 | €29,441 | +€27,439 | +1370.5% |
| Recurring financial income | 75 | €2,002 | €29,441 | +€27,439 | +1370.5% |
| Financial charges | 65/66B | €83,072 | €133,423 | +€50,351 | +60.6% |
| Recurring financial charges | 65 | €83,072 | €133,423 | +€50,351 | +60.6% |
| Profit (loss) for the period before taxes | 9903 | €112,382 | €442,366 | +€329,985 | +293.6% |
| Income taxes | 67/77 | €55,633 | €158,661 | +€103,029 | +185.2% |
| Profit (loss) for the period | 9904 | €56,749 | €283,705 | +€226,956 | +399.9% |
| Profit (loss) for the period to be appropriated | 9905 | €56,749 | €283,705 | +€226,956 | +399.9% |
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 8 October 2026 via checked.be.