BMC: 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.
BMC
Largest movements
- Receivables within one year +€168,062
up €168,062 (+201.9%), from €83,220 to €251,282
of which Trade receivables: +€124,951
- Cash +€155,866
up €155,866 (+107.2%), from €145,388 to €301,254
mainly Net result for the year (+€354,531) and Accrued charges and deferred income (+€152,643)
- Current investments +€150,000
up €150,000 (+9.1%), from €1.6m to €1.8m
- Tangible fixed assets -€72,398
down €72,398 (-7.3%), from €992,378 to €919,980
of which Land and buildings: -€36,732
- Reserves +€354,531
up €354,531 (+14.3%), from €2.5m to €2.8m
- Accrued charges and deferred income +€152,643
up €152,643 (+37248.3%), from €410 to €153,053
- Debts after one year -€50,000
down €50,000 (-25.0%), from €200,000 to €150,000
- Tax, wage and social debts -€46,383
down €46,383 (-66.5%), from €69,750 to €23,367
of which Taxes: -€50,853
- Gross operating margin +€152,636
up €152,636 (+29.1%), from €524,323 to €676,959
- Taxes +€41,885
up €41,885 (+35.8%), from €117,118 to €159,002
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 | €2,877,862 | €3,278,385 | +€400,523 | +13.9% |
| Fixed assets | 21/28 | €993,953 | €921,555 | -€72,398 | -7.3% |
| Tangible fixed assets | 22/27 | €992,378 | €919,980 | -€72,398 | -7.3% |
| Land and buildings | 22 | €735,127 | €698,396 | -€36,732 | -5.0% |
| Plant, machinery and equipment | 23 | €37,733 | €22,773 | -€14,960 | -39.6% |
| Furniture and vehicles | 24 | €219,517 | €198,811 | -€20,706 | -9.4% |
| Financial fixed assets | 28 | €1,575 | €1,575 | = | 0.0% |
| Current assets | 29/58 | €1,883,909 | €2,356,831 | +€472,921 | +25.1% |
| Amounts receivable within one year | 40/41 | €83,220 | €251,282 | +€168,062 | +201.9% |
| Trade receivables | 40 | €65,982 | €190,933 | +€124,951 | +189.4% |
| Other amounts receivable | 41 | €17,239 | €60,349 | +€43,110 | +250.1% |
| Current investments | 50/53 | €1,642,262 | €1,792,262 | +€150,000 | +9.1% |
| Cash at bank and in hand | 54/58 | €145,388 | €301,254 | +€155,866 | +107.2% |
| Deferred charges and accrued income | 490/1 | €13,039 | €12,033 | -€1,006 | -7.7% |
| Total equity and liabilities | 10/49 | €2,877,862 | €3,278,385 | +€400,523 | +13.9% |
| Equity | 10/15 | €2,494,619 | €2,849,150 | +€354,531 | +14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,476,019 | €2,830,550 | +€354,531 | +14.3% |
| Distributable reserves | 133 | €2,476,019 | €2,830,550 | +€354,531 | +14.3% |
| Amounts payable | 17/49 | €383,243 | €429,235 | +€45,992 | +12.0% |
| Amounts payable after more than one year | 17 | €200,000 | €150,000 | -€50,000 | -25.0% |
| Financial debts | 170/4 | €200,000 | €150,000 | -€50,000 | -25.0% |
| Amounts payable within one year | 42/48 | €182,833 | €126,182 | -€56,652 | -31.0% |
| Trade debts | 44 | €48,012 | €47,644 | -€368 | -0.8% |
| Suppliers | 440/4 | €48,012 | €47,644 | -€368 | -0.8% |
| Taxes, remuneration and social security | 45 | €69,750 | €23,367 | -€46,383 | -66.5% |
| Taxes | 450/3 | €66,785 | €15,932 | -€50,853 | -76.1% |
| Remuneration and social security | 454/9 | €2,964 | €7,435 | +€4,470 | +150.8% |
| Other amounts payable | 47/48 | €65,072 | €55,171 | -€9,901 | -15.2% |
| Accrued charges and deferred income | 492/3 | €410 | €153,053 | +€152,643 | +37248.3% |
| Non-recurring operating income | 76A | - | €40,000 | +€40,000 | |
| Remuneration, social security and pensions | 62 | €55,705 | €56,128 | +€423 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,010 | €109,119 | +€1,109 | +1.0% |
| Other operating charges | 640/8 | €9,676 | €10,987 | +€1,311 | +13.5% |
| Gross operating margin | 9900 | €524,323 | €676,959 | +€152,636 | +29.1% |
| Operating profit (loss) | 9901 | €350,932 | €500,725 | +€149,793 | +42.7% |
| Financial income | 75/76B | €20,843 | €15,093 | -€5,750 | -27.6% |
| Recurring financial income | 75 | €2,843 | €15,093 | +€12,249 | +430.8% |
| Non-recurring financial income | 76B | €18,000 | €0 | -€18,000 | -100.0% |
| Financial charges | 65/66B | -€1,235 | €2,284 | +€3,520 | |
| Recurring financial charges | 65 | -€1,235 | €2,284 | +€3,520 | |
| Profit (loss) for the period before taxes | 9903 | €373,011 | €513,534 | +€140,523 | +37.7% |
| Income taxes | 67/77 | €117,118 | €159,002 | +€41,885 | +35.8% |
| Profit (loss) for the period | 9904 | €255,893 | €354,531 | +€98,638 | +38.5% |
| Profit (loss) for the period to be appropriated | 9905 | €255,893 | €354,531 | +€98,638 | +38.5% |
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 9 October 2026 via checked.be.