BMD SOLUTIONS: 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 SOLUTIONS
Largest movements
- Tangible fixed assets +€27,384
up €27,384 (+3.0%), from €899,873 to €927,256
of which Land and buildings: +€28,582
- Receivables within one year -€15,828
down €15,828 (-38.5%), from €41,140 to €25,312
- Debts after one year +€135,731
up €135,731 (+26.4%), from €514,538 to €650,269
- Reserves -€60,600
down €60,600 (-25.0%), from €242,860 to €182,260
- Current portion of long-term debt -€50,493
down €50,493 (-77.8%), from €64,925 to €14,432
- Other debts +€17,872
up €17,872 (+24,412%), from €73 to €17,945
- Tax, wage and social debts -€11,293
down €11,293 (-32.7%), from €34,533 to €23,241
- Financial charges +€41,506
up €41,506 (+167%), from €24,922 to €66,428
- Other operating charges +€19,743
up €19,743 (+596%), from €3,315 to €23,058
- Taxes -€18,318
down €18,318 (-78.7%), from €23,272 to €4,954
- Gross operating margin -€11,675
down €11,675 (-8.3%), from €140,235 to €128,560
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 | €941,498 | €954,250 | +€12,752 | +1.4% |
| Fixed assets | 21/28 | €899,873 | €927,256 | +€27,384 | +3.0% |
| Tangible fixed assets | 22/27 | €899,873 | €927,256 | +€27,384 | +3.0% |
| Land and buildings | 22 | €898,674 | €927,256 | +€28,582 | +3.2% |
| Furniture and vehicles | 24 | €1,198 | €0 | -€1,198 | -100% |
| Current assets | 29/58 | €41,625 | €26,993 | -€14,632 | -35.2% |
| Amounts receivable within one year | 40/41 | €41,140 | €25,312 | -€15,828 | -38.5% |
| Trade receivables | 40 | €41,140 | €25,312 | -€15,828 | -38.5% |
| Cash at bank and in hand | 54/58 | €485 | €1,681 | +€1,196 | +246% |
| Total equity and liabilities | 10/49 | €941,498 | €954,250 | +€12,752 | +1.4% |
| Equity | 10/15 | €294,029 | €233,606 | -€60,424 | -20.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €242,860 | €182,260 | -€60,600 | -25.0% |
| Distributable reserves | 133 | €242,860 | €182,260 | -€60,600 | -25.0% |
| Profit (loss) carried forward | 14 | €32,569 | €32,746 | +€176 | +0.5% |
| Amounts payable | 17/49 | €647,468 | €720,644 | +€73,176 | +11.3% |
| Amounts payable after more than one year | 17 | €514,538 | €650,269 | +€135,731 | +26.4% |
| Financial debts | 170/4 | €514,538 | €650,269 | +€135,731 | +26.4% |
| Amounts payable within one year | 42/48 | €123,855 | €70,375 | -€53,480 | -43.2% |
| Current portion of amounts payable after more than one year | 42 | €64,925 | €14,432 | -€50,493 | -77.8% |
| Financial debts | 43 | €0 | €42 | +€42 | |
| Credit institutions | 430/8 | €0 | €42 | +€42 | |
| Trade debts | 44 | €24,324 | €14,715 | -€9,609 | -39.5% |
| Suppliers | 440/4 | €24,324 | €14,715 | -€9,609 | -39.5% |
| Taxes, remuneration and social security | 45 | €34,533 | €23,241 | -€11,293 | -32.7% |
| Taxes | 450/3 | €34,533 | €23,241 | -€11,293 | -32.7% |
| Other amounts payable | 47/48 | €73 | €17,945 | +€17,872 | +24,412% |
| Accrued charges and deferred income | 492/3 | €9,075 | €0 | -€9,075 | -100% |
| Non-recurring operating income | 76A | - | €2,500 | +€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,866 | €28,977 | -€889 | -3.0% |
| Other operating charges | 640/8 | €3,315 | €23,058 | +€19,743 | +596% |
| Gross operating margin | 9900 | €140,235 | €128,560 | -€11,675 | -8.3% |
| Operating profit (loss) | 9901 | €107,054 | €76,525 | -€30,529 | -28.5% |
| Financial income | 75/76B | €0 | €33 | +€33 | +109,533% |
| Recurring financial income | 75 | €0 | €33 | +€33 | +109,533% |
| Financial charges | 65/66B | €24,922 | €66,428 | +€41,506 | +167% |
| Recurring financial charges | 65 | €24,922 | €66,428 | +€41,506 | +167% |
| Profit (loss) for the period before taxes | 9903 | €82,132 | €10,130 | -€72,002 | -87.7% |
| Income taxes | 67/77 | €23,272 | €4,954 | -€18,318 | -78.7% |
| Profit (loss) for the period | 9904 | €58,860 | €5,176 | -€53,684 | -91.2% |
| Profit (loss) for the period to be appropriated | 9905 | €58,860 | €5,176 | -€53,684 | -91.2% |
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 14 October 2026 via checked.be.