BMCDENIS: 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.
BMCDENIS
Largest movements
- Deferred charges and accrued income +€34,453
up €34,453 (+1817.1%), from €1,896 to €36,349
- Receivables within one year +€6,272
up €6,272 (+48.4%), from €12,962 to €19,234
of which Trade receivables: +€3,802
- Tangible fixed assets +€2,868
up €2,868 (+43.9%), from €6,532 to €9,400
of which Furniture and vehicles: +€3,785
- Profit (loss) carried forward +€30,976
up €30,976 (+89.3%), from -€34,672 to -€3,696
- Trade debts +€23,520
up €23,520 (+235.6%), from €9,983 to €33,503
- Debts after one year -€10,306
down €10,306 (-70.3%), from €14,659 to €4,353
- Short-term financial debts -€4,308
down €4,308 (-63.7%), from €6,766 to €2,458
- Tax, wage and social debts +€3,155
up €3,155 (+87.1%), from €3,623 to €6,778
- Gross operating margin +€26,179
up €26,179 (+208.0%), from €12,584 to €38,763
- Financial charges -€2,134
down €2,134 (-46.1%), from €4,625 to €2,492
- Other operating charges -€1,906
down €1,906 (-64.3%), from €2,967 to €1,060
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,432 | €125,710 | +€43,278 | +52.5% |
| Fixed assets | 21/28 | €67,573 | €70,126 | +€2,553 | +3.8% |
| Intangible fixed assets | 21 | €1,041 | €727 | -€315 | -30.2% |
| Tangible fixed assets | 22/27 | €6,532 | €9,400 | +€2,868 | +43.9% |
| Plant, machinery and equipment | 23 | €1,394 | €977 | -€417 | -29.9% |
| Furniture and vehicles | 24 | €1,548 | €5,333 | +€3,785 | +244.4% |
| Other tangible fixed assets | 26 | €3,589 | €3,089 | -€500 | -13.9% |
| Financial fixed assets | 28 | €60,000 | €60,000 | = | 0.0% |
| Current assets | 29/58 | €14,858 | €55,583 | +€40,725 | +274.1% |
| Amounts receivable within one year | 40/41 | €12,962 | €19,234 | +€6,272 | +48.4% |
| Trade receivables | 40 | €9,762 | €13,564 | +€3,802 | +38.9% |
| Other amounts receivable | 41 | €3,200 | €5,670 | +€2,470 | +77.2% |
| Deferred charges and accrued income | 490/1 | €1,896 | €36,349 | +€34,453 | +1817.1% |
| Total equity and liabilities | 10/49 | €82,432 | €125,710 | +€43,278 | +52.5% |
| Equity | 10/15 | €17,378 | €48,354 | +€30,976 | +178.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €45,850 | €45,850 | = | 0.0% |
| Distributable reserves | 133 | €45,850 | €45,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,672 | -€3,696 | +€30,976 | +89.3% |
| Amounts payable | 17/49 | €65,053 | €77,356 | +€12,302 | +18.9% |
| Amounts payable after more than one year | 17 | €14,659 | €4,353 | -€10,306 | -70.3% |
| Financial debts | 170/4 | €14,659 | €4,353 | -€10,306 | -70.3% |
| Amounts payable within one year | 42/48 | €49,442 | €72,691 | +€23,249 | +47.0% |
| Current portion of amounts payable after more than one year | 42 | €10,109 | €10,306 | +€196 | +1.9% |
| Financial debts | 43 | €6,766 | €2,458 | -€4,308 | -63.7% |
| Credit institutions | 430/8 | €6,766 | €2,458 | -€4,308 | -63.7% |
| Trade debts | 44 | €9,983 | €33,503 | +€23,520 | +235.6% |
| Suppliers | 440/4 | €9,983 | €33,503 | +€23,520 | +235.6% |
| Taxes, remuneration and social security | 45 | €3,623 | €6,778 | +€3,155 | +87.1% |
| Taxes | 450/3 | €3,623 | €6,778 | +€3,155 | +87.1% |
| Other amounts payable | 47/48 | €18,960 | €19,646 | +€686 | +3.6% |
| Accrued charges and deferred income | 492/3 | €953 | €312 | -€641 | -67.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,173 | €3,865 | -€307 | -7.4% |
| Other operating charges | 640/8 | €2,967 | €1,060 | -€1,906 | -64.3% |
| Gross operating margin | 9900 | €12,584 | €38,763 | +€26,179 | +208.0% |
| Operating profit (loss) | 9901 | €5,445 | €33,838 | +€28,393 | +521.5% |
| Financial income | 75/76B | €237 | €240 | +€2 | +1.0% |
| Recurring financial income | 75 | €237 | €240 | +€2 | +1.0% |
| Financial charges | 65/66B | €4,625 | €2,492 | -€2,134 | -46.1% |
| Recurring financial charges | 65 | €4,625 | €2,492 | -€2,134 | -46.1% |
| Profit (loss) for the period before taxes | 9903 | €1,057 | €31,586 | +€30,529 | +2889.7% |
| Income taxes | 67/77 | €372 | €610 | +€238 | +63.8% |
| Profit (loss) for the period | 9904 | €684 | €30,976 | +€30,292 | +4427.8% |
| Profit (loss) for the period to be appropriated | 9905 | €684 | €30,976 | +€30,292 | +4427.8% |
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 5 October 2026 via checked.be.