BMD GROUP: 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 GROUP
Largest movements
- Tangible fixed assets +€53,729
up €53,729 (+123.0%), from €43,693 to €97,423
- Cash +€6,646
up €6,646 (+62.0%), from €10,725 to €17,371
mainly Tax, wage and social debts (+€47,807) and Net result for the year (+€45,410)
- Receivables within one year -€3,574
down €3,574 (-11.0%), from €32,507 to €28,933
of which Other amounts receivable: -€2,903
- Financial fixed assets +€2,350
up €2,350 (+24.5%), from €9,600 to €11,950
- Tax, wage and social debts +€47,807
up €47,807 (+71.3%), from €67,033 to €114,839
of which Remuneration and social security: +€31,747
- Profit (loss) carried forward +€45,410
up €45,410, from -€32,021 to €13,389
- Accrued charges and deferred income -€27,854
down €27,854 (-99.4%), from €28,021 to €167
- Trade debts -€7,079
down €7,079 (-32.3%), from €21,903 to €14,824
- Gross operating margin +€230,565
up €230,565 (+185.3%), from €124,417 to €354,982
- Staff costs +€125,568
up €125,568 (+95.2%), from €131,894 to €257,462
- Depreciation +€17,976
up €17,976 (+104.6%), from €17,193 to €35,169
- Taxes +€6,663
new in 2023: €6,663
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,958 | €158,574 | +€59,616 | +60.2% |
| Fixed assets | 21/28 | €53,293 | €109,373 | +€56,079 | +105.2% |
| Tangible fixed assets | 22/27 | €43,693 | €97,423 | +€53,729 | +123.0% |
| Furniture and vehicles | 24 | €43,693 | €97,423 | +€53,729 | +123.0% |
| Financial fixed assets | 28 | €9,600 | €11,950 | +€2,350 | +24.5% |
| Current assets | 29/58 | €45,665 | €49,202 | +€3,537 | +7.7% |
| Amounts receivable within one year | 40/41 | €32,507 | €28,933 | -€3,574 | -11.0% |
| Trade receivables | 40 | €29,604 | €28,933 | -€671 | -2.3% |
| Other amounts receivable | 41 | €2,903 | - | -€2,903 | |
| Cash at bank and in hand | 54/58 | €10,725 | €17,371 | +€6,646 | +62.0% |
| Deferred charges and accrued income | 490/1 | €2,433 | €2,897 | +€464 | +19.1% |
| Total equity and liabilities | 10/49 | €98,958 | €158,574 | +€59,616 | +60.2% |
| Equity | 10/15 | -€17,999 | €27,411 | +€45,410 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €9,022 | €9,022 | = | 0.0% |
| Distributable reserves | 133 | €9,022 | €9,022 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,021 | €13,389 | +€45,410 | |
| Amounts payable | 17/49 | €116,957 | €131,163 | +€14,206 | +12.1% |
| Amounts payable within one year | 42/48 | €88,936 | €130,996 | +€42,060 | +47.3% |
| Trade debts | 44 | €21,903 | €14,824 | -€7,079 | -32.3% |
| Suppliers | 440/4 | €21,903 | €14,824 | -€7,079 | -32.3% |
| Taxes, remuneration and social security | 45 | €67,033 | €114,839 | +€47,807 | +71.3% |
| Taxes | 450/3 | €23,089 | €39,149 | +€16,060 | +69.6% |
| Remuneration and social security | 454/9 | €43,944 | €75,691 | +€31,747 | +72.2% |
| Other amounts payable | 47/48 | - | €1,332 | +€1,332 | |
| Accrued charges and deferred income | 492/3 | €28,021 | €167 | -€27,854 | -99.4% |
| Remuneration, social security and pensions | 62 | €131,894 | €257,462 | +€125,568 | +95.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,193 | €35,169 | +€17,976 | +104.6% |
| Other operating charges | 640/8 | €6,351 | €9,319 | +€2,968 | +46.7% |
| Gross operating margin | 9900 | €124,417 | €354,982 | +€230,565 | +185.3% |
| Operating profit (loss) | 9901 | -€31,021 | €53,032 | +€84,053 | |
| Financial income | 75/76B | €0 | €1 | +€0 | +278.6% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +278.6% |
| Financial charges | 65/66B | €1,000 | €960 | -€40 | -4.0% |
| Recurring financial charges | 65 | €1,000 | €960 | -€40 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | -€32,021 | €52,073 | +€84,093 | |
| Income taxes | 67/77 | - | €6,663 | +€6,663 | |
| Profit (loss) for the period | 9904 | -€32,021 | €45,410 | +€77,431 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,021 | €45,410 | +€77,431 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.