BMC & Partners: 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 & Partners
Largest movements
- Cash +€18,459
up €18,459 (+39.5%), from €46,730 to €65,189
mainly Net result for the year (+€34,643) and Depreciation (+€21,127)
- Receivables within one year +€5,686
up €5,686 (+136%), from €4,194 to €9,880
- Tangible fixed assets +€5,538
up €5,538 (+3.3%), from €166,321 to €171,859
of which Other tangible fixed assets: +€4,679
- Reserves +€29,854
new in 2025: €29,854
- Tax, wage and social debts +€20,460
up €20,460 (+148%), from €13,787 to €34,246
- Debts after one year -€19,842
down €19,842 (-12.0%), from €165,269 to €145,427
- Other debts -€13,535
down €13,535 (-63.6%), from €21,296 to €7,761
- Profit (loss) carried forward +€4,789
no longer reported in 2025 (was -€4,789)
- Gross operating margin -€24,300
down €24,300 (-22.9%), from €106,324 to €82,024
- Taxes +€6,760
up €6,760 (+49.3%), from €13,700 to €20,460
- Depreciation +€5,131
up €5,131 (+32.1%), from €15,996 to €21,127
- Financial charges -€2,600
down €2,600 (-38.7%), from €6,723 to €4,123
- Other operating charges -€2,027
down €2,027 (-54.8%), from €3,698 to €1,671
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.
Derived cash bridge
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 | €218,803 | €248,066 | +€29,263 | +13.4% |
| Fixed assets | 21/28 | €166,321 | €171,859 | +€5,538 | +3.3% |
| Tangible fixed assets | 22/27 | €166,321 | €171,859 | +€5,538 | +3.3% |
| Land and buildings | 22 | €73,573 | €72,623 | -€950 | -1.3% |
| Plant, machinery and equipment | 23 | - | €4,599 | +€4,599 | |
| Furniture and vehicles | 24 | €9,960 | €7,170 | -€2,790 | -28.0% |
| Other tangible fixed assets | 26 | €82,788 | €87,468 | +€4,679 | +5.7% |
| Current assets | 29/58 | €52,482 | €76,207 | +€23,725 | +45.2% |
| Amounts receivable within one year | 40/41 | €4,194 | €9,880 | +€5,686 | +136% |
| Trade receivables | 40 | €4,194 | €9,880 | +€5,686 | +136% |
| Cash at bank and in hand | 54/58 | €46,730 | €65,189 | +€18,459 | +39.5% |
| Deferred charges and accrued income | 490/1 | €1,557 | €1,138 | -€419 | -26.9% |
| Total equity and liabilities | 10/49 | €218,803 | €248,066 | +€29,263 | +13.4% |
| Equity | 10/15 | €1,411 | €36,054 | +€34,643 | +2,456% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €29,854 | +€29,854 | |
| Distributable reserves | 133 | - | €29,854 | +€29,854 | |
| Profit (loss) carried forward | 14 | -€4,789 | - | +€4,789 | |
| Amounts payable | 17/49 | €217,393 | €212,013 | -€5,380 | -2.5% |
| Amounts payable after more than one year | 17 | €165,269 | €145,427 | -€19,842 | -12.0% |
| Financial debts | 170/4 | €165,269 | €145,427 | -€19,842 | -12.0% |
| Amounts payable within one year | 42/48 | €43,848 | €55,196 | +€11,348 | +25.9% |
| Trade debts | 44 | €8,765 | €13,189 | +€4,424 | +50.5% |
| Suppliers | 440/4 | €8,765 | €13,189 | +€4,424 | +50.5% |
| Taxes, remuneration and social security | 45 | €13,787 | €34,246 | +€20,460 | +148% |
| Taxes | 450/3 | €13,787 | €34,246 | +€20,460 | +148% |
| Other amounts payable | 47/48 | €21,296 | €7,761 | -€13,535 | -63.6% |
| Accrued charges and deferred income | 492/3 | €8,276 | €11,390 | +€3,114 | +37.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,996 | €21,127 | +€5,131 | +32.1% |
| Other operating charges | 640/8 | €3,698 | €1,671 | -€2,027 | -54.8% |
| Gross operating margin | 9900 | €106,324 | €82,024 | -€24,300 | -22.9% |
| Operating profit (loss) | 9901 | €86,629 | €59,226 | -€27,404 | -31.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €6,723 | €4,123 | -€2,600 | -38.7% |
| Recurring financial charges | 65 | €6,723 | €4,123 | -€2,600 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €79,906 | €55,103 | -€24,804 | -31.0% |
| Income taxes | 67/77 | €13,700 | €20,460 | +€6,760 | +49.3% |
| Profit (loss) for the period | 9904 | €66,207 | €34,643 | -€31,564 | -47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €66,207 | €34,643 | -€31,564 | -47.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.