BMF COMPAGNY: what changed
Two fiscal 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.
BMF COMPAGNY
Largest movements
- Tangible fixed assets -€6,019
down €6,019 (-58.8%), from €10,238 to €4,219
of which Other tangible fixed assets: -€4,056
- Receivables within one year +€4,112
up €4,112 (+32.0%), from €12,849 to €16,961
of which Trade receivables: +€3,303
- Stocks and contracts -€2,055
down €2,055 (-45.3%), from €4,539 to €2,484
- Cash +€1,433
up €1,433 (+9.0%), from €15,835 to €17,268
- Profit (loss) carried forward +€18,827
up €18,827, from -€16,562 to €2,265
- Tax, wage and social debts -€12,713
down €12,713 (-97.8%), from €13,005 to €292
of which Taxes: -€8,675
- Other debts -€7,443
no longer reported in 2023 (was €7,443)
- Trade debts -€968
down €968 (-11.9%), from €8,115 to €7,147
- Turnover +€102,321
up €102,321 (+78.6%), from €130,226 to €232,547
- Purchases and services +€54,689
up €54,689 (+46.5%), from €117,669 to €172,358
- Gross operating margin +€47,632
up €47,632 (+379.3%), from €12,557 to €60,189
- Staff costs +€10,956
up €10,956 (+65.4%), from €16,756 to €27,712
From the 2021 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,461 | €41,163 | -€2,298 | -5.3% |
| Fixed assets | 21/28 | €10,238 | €4,219 | -€6,019 | -58.8% |
| Tangible fixed assets | 22/27 | €10,238 | €4,219 | -€6,019 | -58.8% |
| Plant, machinery and equipment | 23 | €4,770 | €2,690 | -€2,080 | -43.6% |
| Furniture and vehicles | 24 | €1,412 | €1,529 | +€117 | +8.3% |
| Other tangible fixed assets | 26 | €4,056 | - | -€4,056 | |
| Current assets | 29/58 | €33,223 | €36,944 | +€3,721 | +11.2% |
| Stocks and contracts in progress | 3 | €4,539 | €2,484 | -€2,055 | -45.3% |
| Stocks | 30/36 | €4,539 | €2,484 | -€2,055 | -45.3% |
| Amounts receivable within one year | 40/41 | €12,849 | €16,961 | +€4,112 | +32.0% |
| Trade receivables | 40 | €6,125 | €9,429 | +€3,303 | +53.9% |
| Other amounts receivable | 41 | €6,723 | €7,532 | +€809 | +12.0% |
| Cash at bank and in hand | 54/58 | €15,835 | €17,268 | +€1,433 | +9.0% |
| Deferred charges and accrued income | 490/1 | - | €231 | +€231 | |
| Total equity and liabilities | 10/49 | €43,461 | €41,163 | -€2,298 | -5.3% |
| Equity | 10/15 | €14,898 | €33,725 | +€18,827 | +126.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,860 | €12,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €11,000 | €11,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,562 | €2,265 | +€18,827 | |
| Amounts payable | 17/49 | €28,562 | €7,438 | -€21,124 | -74.0% |
| Amounts payable within one year | 42/48 | €28,562 | €7,438 | -€21,124 | -74.0% |
| Financial debts | 43 | €0 | - | = | |
| Trade debts | 44 | €8,115 | €7,147 | -€968 | -11.9% |
| Suppliers | 440/4 | €8,115 | €7,147 | -€968 | -11.9% |
| Taxes, remuneration and social security | 45 | €13,005 | €292 | -€12,713 | -97.8% |
| Taxes | 450/3 | €8,967 | €292 | -€8,675 | -96.7% |
| Remuneration and social security | 454/9 | €4,038 | - | -€4,038 | |
| Other amounts payable | 47/48 | €7,443 | - | -€7,443 | |
| Turnover | 70 | €130,226 | €232,547 | +€102,321 | +78.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €117,669 | €172,358 | +€54,689 | +46.5% |
| Remuneration, social security and pensions | 62 | €16,756 | €27,712 | +€10,956 | +65.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,700 | €1,711 | -€1,989 | -53.8% |
| Other operating charges | 640/8 | €532 | €1,736 | +€1,203 | +226.1% |
| Non-recurring operating charges | 66A | - | €2,225 | +€2,225 | |
| Gross operating margin | 9900 | €12,557 | €60,189 | +€47,632 | +379.3% |
| Operating profit (loss) | 9901 | -€8,431 | €26,805 | +€35,236 | |
| Financial charges | 65/66B | €676 | €295 | -€382 | -56.4% |
| Recurring financial charges | 65 | €676 | €295 | -€382 | -56.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,107 | €26,510 | +€35,617 | |
| Income taxes | 67/77 | - | €292 | +€292 | |
| Profit (loss) for the period | 9904 | -€9,107 | €26,218 | +€35,325 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,107 | €26,218 | +€35,325 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.