BMCD: 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.
BMCD
Largest movements
- Receivables within one year -€29,361
down €29,361 (-33.1%), from €88,685 to €59,324
of which Trade receivables: -€31,487
- Tangible fixed assets -€8,017
down €8,017 (-60.2%), from €13,316 to €5,299
of which Furniture and vehicles: -€5,867
- Cash +€1,098
up €1,098 (+23.0%), from €4,767 to €5,865
mainly Receivables within one year (+€29,361) and Depreciation (+€8,017)
- Profit (loss) carried forward -€20,202
down €20,202, from €17,908 to -€2,294
- Other debts -€13,199
down €13,199 (-23.0%), from €57,391 to €44,193
- Tax, wage and social debts -€2,380
down €2,380 (-30.7%), from €7,764 to €5,384
of which Taxes: -€3,764
- Gross operating margin -€20,761
down €20,761, from €10,986 to -€9,775
- Other operating charges +€830
up €830 (+65.3%), from €1,271 to €2,101
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 | €108,826 | €72,695 | -€36,131 | -33.2% |
| Fixed assets | 21/28 | €13,406 | €5,389 | -€8,017 | -59.8% |
| Tangible fixed assets | 22/27 | €13,316 | €5,299 | -€8,017 | -60.2% |
| Plant, machinery and equipment | 23 | €4,070 | €1,920 | -€2,150 | -52.8% |
| Furniture and vehicles | 24 | €9,247 | €3,380 | -€5,867 | -63.5% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €95,420 | €67,306 | -€28,114 | -29.5% |
| Amounts receivable within one year | 40/41 | €88,685 | €59,324 | -€29,361 | -33.1% |
| Trade receivables | 40 | €88,685 | €57,197 | -€31,487 | -35.5% |
| Other amounts receivable | 41 | €0 | €2,127 | +€2,127 | +7,089,867% |
| Cash at bank and in hand | 54/58 | €4,767 | €5,865 | +€1,098 | +23.0% |
| Deferred charges and accrued income | 490/1 | €1,968 | €2,117 | +€149 | +7.6% |
| Total equity and liabilities | 10/49 | €108,826 | €72,695 | -€36,131 | -33.2% |
| Equity | 10/15 | €33,800 | €13,599 | -€20,202 | -59.8% |
| Contributions | 10/11 | €12,892 | €12,892 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,908 | -€2,294 | -€20,202 | |
| Amounts payable | 17/49 | €75,025 | €59,097 | -€15,929 | -21.2% |
| Amounts payable within one year | 42/48 | €75,025 | €59,097 | -€15,929 | -21.2% |
| Trade debts | 44 | €9,870 | €9,520 | -€350 | -3.5% |
| Suppliers | 440/4 | €9,870 | €9,520 | -€350 | -3.5% |
| Taxes, remuneration and social security | 45 | €7,764 | €5,384 | -€2,380 | -30.7% |
| Taxes | 450/3 | €3,764 | - | -€3,764 | |
| Remuneration and social security | 454/9 | €4,000 | €5,384 | +€1,384 | +34.6% |
| Other amounts payable | 47/48 | €57,391 | €44,193 | -€13,199 | -23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,017 | €8,017 | = | 0.0% |
| Other operating charges | 640/8 | €1,271 | €2,101 | +€830 | +65.3% |
| Gross operating margin | 9900 | €10,986 | -€9,775 | -€20,761 | |
| Operating profit (loss) | 9901 | €1,698 | -€19,893 | -€21,590 | |
| Financial income | 75/76B | €8 | €11 | +€4 | +47.1% |
| Recurring financial income | 75 | €8 | €11 | +€4 | +47.1% |
| Financial charges | 65/66B | €211 | €320 | +€109 | +51.8% |
| Recurring financial charges | 65 | €211 | €320 | +€109 | +51.8% |
| Profit (loss) for the period before taxes | 9903 | €1,494 | -€20,202 | -€21,696 | |
| Profit (loss) for the period | 9904 | €1,494 | -€20,202 | -€21,696 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,494 | -€20,202 | -€21,696 |
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.