BMF FOOD: 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.
BMF FOOD
Largest movements
- Cash +€41,526
up €41,526 (+182%), from €22,873 to €64,399
mainly Depreciation (+€29,658) and Receivables within one year (+€26,166)
- Receivables within one year -€26,166
down €26,166 (-21.6%), from €120,908 to €94,742
of which Trade receivables: -€27,276
- Tangible fixed assets -€22,187
down €22,187 (-18.5%), from €119,733 to €97,546
- Intangible fixed assets -€3,465
down €3,465 (-55.5%), from €6,239 to €2,774
- Trade debts -€35,770
down €35,770 (-19.4%), from €184,744 to €148,974
- Tax, wage and social debts +€23,496
up €23,496 (+75.2%), from €31,266 to €54,762
of which Remuneration and social security: +€22,460
- Reserves +€23,000
up €23,000 (+71.9%), from €32,000 to €55,000
- Other debts -€20,547
down €20,547 (-40.7%), from €50,459 to €29,912
- Gross operating margin +€71,778
up €71,778 (+24.3%), from €295,257 to €367,035
- Staff costs +€28,604
up €28,604 (+11.3%), from €252,054 to €280,658
- Taxes +€7,726
up €7,726 (+193%), from €4,001 to €11,727
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 | €305,970 | €296,490 | -€9,480 | -3.1% |
| Fixed assets | 21/28 | €130,727 | €102,523 | -€28,205 | -21.6% |
| Intangible fixed assets | 21 | €6,239 | €2,774 | -€3,465 | -55.5% |
| Tangible fixed assets | 22/27 | €119,733 | €97,546 | -€22,187 | -18.5% |
| Plant, machinery and equipment | 23 | €26,096 | €18,090 | -€8,006 | -30.7% |
| Furniture and vehicles | 24 | €36,606 | €27,458 | -€9,148 | -25.0% |
| Other tangible fixed assets | 26 | €57,031 | €51,998 | -€5,033 | -8.8% |
| Financial fixed assets | 28 | €4,756 | €2,203 | -€2,553 | -53.7% |
| Current assets | 29/58 | €175,243 | €193,967 | +€18,725 | +10.7% |
| Stocks and contracts in progress | 3 | €30,189 | €31,233 | +€1,044 | +3.5% |
| Stocks | 30/36 | €30,189 | €31,233 | +€1,044 | +3.5% |
| Amounts receivable within one year | 40/41 | €120,908 | €94,742 | -€26,166 | -21.6% |
| Trade receivables | 40 | €107,908 | €80,632 | -€27,276 | -25.3% |
| Other amounts receivable | 41 | €13,000 | €14,110 | +€1,110 | +8.5% |
| Cash at bank and in hand | 54/58 | €22,873 | €64,399 | +€41,526 | +182% |
| Deferred charges and accrued income | 490/1 | €1,273 | €3,593 | +€2,320 | +182% |
| Total equity and liabilities | 10/49 | €305,970 | €296,490 | -€9,480 | -3.1% |
| Equity | 10/15 | €39,502 | €62,842 | +€23,341 | +59.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €32,000 | €55,000 | +€23,000 | +71.9% |
| Distributable reserves | 133 | €32,000 | €55,000 | +€23,000 | +71.9% |
| Profit (loss) carried forward | 14 | €2,502 | €2,842 | +€341 | +13.6% |
| Amounts payable | 17/49 | €266,469 | €233,648 | -€32,821 | -12.3% |
| Amounts payable within one year | 42/48 | €266,469 | €233,648 | -€32,821 | -12.3% |
| Trade debts | 44 | €184,744 | €148,974 | -€35,770 | -19.4% |
| Suppliers | 440/4 | €184,744 | €148,974 | -€35,770 | -19.4% |
| Taxes, remuneration and social security | 45 | €31,266 | €54,762 | +€23,496 | +75.2% |
| Taxes | 450/3 | €31,266 | €32,303 | +€1,037 | +3.3% |
| Remuneration and social security | 454/9 | - | €22,460 | +€22,460 | |
| Other amounts payable | 47/48 | €50,459 | €29,912 | -€20,547 | -40.7% |
| Remuneration, social security and pensions | 62 | €252,054 | €280,658 | +€28,604 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,643 | €29,658 | +€1,015 | +3.5% |
| Other operating charges | 640/8 | €3,928 | €3,086 | -€841 | -21.4% |
| Non-recurring operating charges | 66A | - | €11,992 | +€11,992 | |
| Gross operating margin | 9900 | €295,257 | €367,035 | +€71,778 | +24.3% |
| Operating profit (loss) | 9901 | €10,633 | €41,641 | +€31,008 | +292% |
| Financial income | 75/76B | €73 | €1,218 | +€1,145 | +1,574% |
| Recurring financial income | 75 | €73 | €1,218 | +€1,145 | +1,574% |
| Financial charges | 65/66B | €6,085 | €7,791 | +€1,706 | +28.0% |
| Recurring financial charges | 65 | €6,085 | €7,791 | +€1,706 | +28.0% |
| Profit (loss) for the period before taxes | 9903 | €4,620 | €35,067 | +€30,447 | +659% |
| Income taxes | 67/77 | €4,001 | €11,727 | +€7,726 | +193% |
| Profit (loss) for the period | 9904 | €619 | €23,341 | +€22,722 | +3,672% |
| Profit (loss) for the period to be appropriated | 9905 | €619 | €23,341 | +€22,722 | +3,672% |
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 22 October 2026 via checked.be.