BMCF: 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.
BMCF
Largest movements
- Cash -€55,128
down €55,128 (-25.7%), from €214,836 to €159,708
mainly Debts after one year (-€79,888) and Net result for the year (-€23,335)
- Tangible fixed assets -€54,324
down €54,324 (-20.4%), from €266,218 to €211,894
- Stocks and contracts +€22,230
up €22,230 (+112.5%), from €19,765 to €41,995
- Receivables within one year -€7,494
down €7,494 (-43.7%), from €17,153 to €9,659
of which Other amounts receivable: -€7,582
- Debts after one year -€79,888
down €79,888 (-67.6%), from €118,208 to €38,320
of which Financial debts: -€79,888
- Profit (loss) carried forward -€23,335
down €23,335 (-8.1%), from €288,920 to €265,586
- Gross operating margin -€128,697
down €128,697 (-78.8%), from €163,370 to €34,673
- Depreciation +€46,451
up €46,451 (+401.9%), from €11,557 to €58,008
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 | €520,677 | €423,406 | -€97,272 | -18.7% |
| Fixed assets | 21/28 | €266,218 | €211,894 | -€54,324 | -20.4% |
| Tangible fixed assets | 22/27 | €266,218 | €211,894 | -€54,324 | -20.4% |
| Land and buildings | 22 | €44,152 | €40,398 | -€3,754 | -8.5% |
| Plant, machinery and equipment | 23 | €120,336 | €96,755 | -€23,581 | -19.6% |
| Furniture and vehicles | 24 | €101,731 | €74,741 | -€26,990 | -26.5% |
| Current assets | 29/58 | €254,459 | €211,512 | -€42,948 | -16.9% |
| Amounts receivable after more than one year | 29 | €766 | €150 | -€616 | -80.4% |
| Other amounts receivable | 291 | €766 | €150 | -€616 | -80.4% |
| Stocks and contracts in progress | 3 | €19,765 | €41,995 | +€22,230 | +112.5% |
| Stocks | 30/36 | €19,765 | €41,995 | +€22,230 | +112.5% |
| Amounts receivable within one year | 40/41 | €17,153 | €9,659 | -€7,494 | -43.7% |
| Trade receivables | 40 | - | €88 | +€88 | |
| Other amounts receivable | 41 | €17,153 | €9,571 | -€7,582 | -44.2% |
| Cash at bank and in hand | 54/58 | €214,836 | €159,708 | -€55,128 | -25.7% |
| Deferred charges and accrued income | 490/1 | €1,939 | - | -€1,939 | |
| Total equity and liabilities | 10/49 | €520,677 | €423,406 | -€97,272 | -18.7% |
| Equity | 10/15 | €312,120 | €288,786 | -€23,335 | -7.5% |
| Contributions | 10/11 | €17,000 | €17,000 | = | 0.0% |
| Contributions outside capital | 11 | €17,000 | €17,000 | = | 0.0% |
| Other | 1109/19 | €17,000 | €17,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €288,920 | €265,586 | -€23,335 | -8.1% |
| Amounts payable | 17/49 | €208,557 | €134,620 | -€73,937 | -35.5% |
| Amounts payable after more than one year | 17 | €118,208 | €38,320 | -€79,888 | -67.6% |
| Financial debts | 170/4 | €114,408 | €34,520 | -€79,888 | -69.8% |
| Other amounts payable | 178/9 | €3,800 | €3,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €90,349 | €96,219 | +€5,870 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €75,877 | €79,888 | +€4,011 | +5.3% |
| Trade debts | 44 | €1,499 | €2,521 | +€1,021 | +68.1% |
| Suppliers | 440/4 | €1,499 | €2,521 | +€1,021 | +68.1% |
| Taxes, remuneration and social security | 45 | €12,715 | €13,811 | +€1,095 | +8.6% |
| Taxes | 450/3 | €12,715 | €13,811 | +€1,095 | +8.6% |
| Other amounts payable | 47/48 | €257 | - | -€257 | |
| Accrued charges and deferred income | 492/3 | - | €81 | +€81 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,557 | €58,008 | +€46,451 | +401.9% |
| Gross operating margin | 9900 | €163,370 | €34,673 | -€128,697 | -78.8% |
| Operating profit (loss) | 9901 | €151,813 | -€23,335 | -€175,148 | |
| Profit (loss) for the period before taxes | 9903 | €151,813 | -€23,335 | -€175,148 | |
| Profit (loss) for the period | 9904 | €151,813 | -€23,335 | -€175,148 | |
| Profit (loss) for the period to be appropriated | 9905 | €151,813 | -€23,335 | -€175,148 |
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.