BMD Company: 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.
BMD Company
Largest movements
- Intangible fixed assets -€5,000
down €5,000 (-14.3%), from €35,000 to €30,000
- Receivables within one year +€2,726
up €2,726 (+129%), from €2,113 to €4,839
of which Trade receivables: +€3,793
- Stocks and contracts -€2,181
down €2,181 (-52.3%), from €4,168 to €1,986
of which Contracts in progress: -€1,990
- Deferred charges and accrued income -€1,555
down €1,555 (-87.6%), from €1,775 to €220
- Tangible fixed assets +€1,181
up €1,181 (+18.9%), from €6,240 to €7,421
of which Plant, machinery and equipment: +€1,551
- Debts after one year -€9,267
down €9,267 (-66.3%), from €13,970 to €4,703
- Profit (loss) carried forward +€6,055
up €6,055 (+37.2%), from €16,294 to €22,349
- Tax, wage and social debts -€3,400
down €3,400 (-90.7%), from €3,749 to €349
- Other debts +€2,917
up €2,917 (+17.8%), from €16,423 to €19,340
- Trade debts -€2,339
down €2,339 (-43.1%), from €5,424 to €3,085
- Gross operating margin -€1,671
down €1,671 (-5.7%), from €29,561 to €27,890
- Other operating charges +€420
up €420 (+19.0%), from €2,213 to €2,633
- Depreciation +€417
up €417 (+6.1%), from €6,885 to €7,302
- Financial charges -€350
down €350 (-11.7%), from €2,999 to €2,649
- Staff costs -€325
down €325 (-5.0%), from €6,497 to €6,172
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 | €79,946 | €74,093 | -€5,853 | -7.3% |
| Fixed assets | 21/28 | €44,170 | €40,351 | -€3,819 | -8.6% |
| Intangible fixed assets | 21 | €35,000 | €30,000 | -€5,000 | -14.3% |
| Tangible fixed assets | 22/27 | €6,240 | €7,421 | +€1,181 | +18.9% |
| Plant, machinery and equipment | 23 | €5,445 | €6,995 | +€1,551 | +28.5% |
| Furniture and vehicles | 24 | €795 | €426 | -€370 | -46.5% |
| Financial fixed assets | 28 | €2,930 | €2,930 | = | 0.0% |
| Current assets | 29/58 | €35,776 | €33,742 | -€2,034 | -5.7% |
| Stocks and contracts in progress | 3 | €4,168 | €1,986 | -€2,181 | -52.3% |
| Stocks | 30/36 | €2,178 | €1,986 | -€192 | -8.8% |
| Contracts in progress | 37 | €1,990 | - | -€1,990 | |
| Amounts receivable within one year | 40/41 | €2,113 | €4,839 | +€2,726 | +129% |
| Trade receivables | 40 | €305 | €4,097 | +€3,793 | +1,245% |
| Other amounts receivable | 41 | €1,808 | €742 | -€1,067 | -59.0% |
| Cash at bank and in hand | 54/58 | €27,721 | €26,697 | -€1,024 | -3.7% |
| Deferred charges and accrued income | 490/1 | €1,775 | €220 | -€1,555 | -87.6% |
| Total equity and liabilities | 10/49 | €79,946 | €74,093 | -€5,853 | -7.3% |
| Equity | 10/15 | €31,294 | €37,349 | +€6,055 | +19.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,294 | €22,349 | +€6,055 | +37.2% |
| Amounts payable | 17/49 | €48,652 | €36,744 | -€11,908 | -24.5% |
| Amounts payable after more than one year | 17 | €13,970 | €4,703 | -€9,267 | -66.3% |
| Financial debts | 170/4 | €13,970 | €4,703 | -€9,267 | -66.3% |
| Amounts payable within one year | 42/48 | €34,682 | €32,041 | -€2,641 | -7.6% |
| Current portion of amounts payable after more than one year | 42 | €9,086 | €9,267 | +€181 | +2.0% |
| Trade debts | 44 | €5,424 | €3,085 | -€2,339 | -43.1% |
| Suppliers | 440/4 | €5,424 | €3,085 | -€2,339 | -43.1% |
| Taxes, remuneration and social security | 45 | €3,749 | €349 | -€3,400 | -90.7% |
| Taxes | 450/3 | €3,749 | €349 | -€3,400 | -90.7% |
| Other amounts payable | 47/48 | €16,423 | €19,340 | +€2,917 | +17.8% |
| Remuneration, social security and pensions | 62 | €6,497 | €6,172 | -€325 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,885 | €7,302 | +€417 | +6.1% |
| Other operating charges | 640/8 | €2,213 | €2,633 | +€420 | +19.0% |
| Gross operating margin | 9900 | €29,561 | €27,890 | -€1,671 | -5.7% |
| Operating profit (loss) | 9901 | €13,966 | €11,783 | -€2,184 | -15.6% |
| Financial charges | 65/66B | €2,999 | €2,649 | -€350 | -11.7% |
| Recurring financial charges | 65 | €2,999 | €2,649 | -€350 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €10,967 | €9,134 | -€1,833 | -16.7% |
| Income taxes | 67/77 | €2,907 | €3,079 | +€172 | +5.9% |
| Profit (loss) for the period | 9904 | €8,060 | €6,055 | -€2,006 | -24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,060 | €6,055 | -€2,006 | -24.9% |
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 25 October 2026 via checked.be.