BME-PROJECTS: 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.
BME-PROJECTS
Largest movements
- Cash -€19,207
down €19,207 (-12.5%), from €154,060 to €134,853
mainly Contributions, distributions and other (-€107,000) and Investment in fixed assets (net) (-€14,812)
- Tangible fixed assets +€12,612
up €12,612 (+2775.3%), from €454 to €13,066
of which Furniture and vehicles: +€12,697
- Current investments +€5,108
up €5,108 (+9.5%), from €53,950 to €59,059
- Receivables within one year +€3,391
up €3,391 (+62.3%), from €5,440 to €8,831
of which Other amounts receivable: +€3,391
- Reserves -€37,704
down €37,704 (-19.8%), from €190,070 to €152,366
of which Distributable reserves: -€37,704
- Other debts +€19,378
up €19,378 (+119.3%), from €16,244 to €35,621
- Tax, wage and social debts +€18,783
up €18,783 (+745.7%), from €2,519 to €21,301
- Gross operating margin +€53,839
up €53,839 (+103.5%), from €52,042 to €105,882
- Taxes +€19,533
up €19,533 (+119.4%), from €16,362 to €35,895
- Depreciation +€1,939
up €1,939 (+742.6%), from €261 to €2,200
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €221,439 | €222,340 | +€900 | +0.4% |
| Fixed assets | 21/28 | €6,664 | €19,276 | +€12,612 | +189.2% |
| Tangible fixed assets | 22/27 | €454 | €13,066 | +€12,612 | +2775.3% |
| Plant, machinery and equipment | 23 | €126 | €41 | -€85 | -67.5% |
| Furniture and vehicles | 24 | €328 | €13,025 | +€12,697 | +3867.8% |
| Financial fixed assets | 28 | €6,210 | €6,210 | = | 0.0% |
| Current assets | 29/58 | €214,775 | €203,063 | -€11,712 | -5.5% |
| Amounts receivable within one year | 40/41 | €5,440 | €8,831 | +€3,391 | +62.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €5,440 | €8,831 | +€3,391 | +62.3% |
| Current investments | 50/53 | €53,950 | €59,059 | +€5,108 | +9.5% |
| Cash at bank and in hand | 54/58 | €154,060 | €134,853 | -€19,207 | -12.5% |
| Deferred charges and accrued income | 490/1 | €1,325 | €321 | -€1,004 | -75.8% |
| Total equity and liabilities | 10/49 | €221,439 | €222,340 | +€900 | +0.4% |
| Equity | 10/15 | €202,470 | €164,766 | -€37,704 | -18.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €190,070 | €152,366 | -€37,704 | -19.8% |
| Tax-exempt reserves | 132 | €397 | €397 | = | 0.0% |
| Distributable reserves | 133 | €189,673 | €151,968 | -€37,704 | -19.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €18,970 | €57,574 | +€38,604 | +203.5% |
| Amounts payable within one year | 42/48 | €18,970 | €57,574 | +€38,604 | +203.5% |
| Trade debts | 44 | €207 | €651 | +€444 | +214.7% |
| Suppliers | 440/4 | €207 | €651 | +€444 | +214.7% |
| Taxes, remuneration and social security | 45 | €2,519 | €21,301 | +€18,783 | +745.7% |
| Taxes | 450/3 | €2,519 | €21,301 | +€18,783 | +745.7% |
| Other amounts payable | 47/48 | €16,244 | €35,621 | +€19,378 | +119.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €261 | €2,200 | +€1,939 | +742.6% |
| Other operating charges | 640/8 | €564 | €828 | +€263 | +46.6% |
| Gross operating margin | 9900 | €52,042 | €105,882 | +€53,839 | +103.5% |
| Operating profit (loss) | 9901 | €51,217 | €102,854 | +€51,637 | +100.8% |
| Financial income | 75/76B | €3,454 | €2,612 | -€843 | -24.4% |
| Recurring financial income | 75 | €3,454 | €2,612 | -€843 | -24.4% |
| Financial charges | 65/66B | €489 | €274 | -€214 | -43.9% |
| Recurring financial charges | 65 | €489 | €274 | -€214 | -43.9% |
| Profit (loss) for the period before taxes | 9903 | €54,182 | €105,191 | +€51,009 | +94.1% |
| Income taxes | 67/77 | €16,362 | €35,895 | +€19,533 | +119.4% |
| Profit (loss) for the period | 9904 | €37,820 | €69,296 | +€31,476 | +83.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,820 | €69,296 | +€31,476 | +83.2% |
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 10 October 2026 via checked.be.