BMG CONSULTING: 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.
BMG CONSULTING
Largest movements
- Tangible fixed assets -€114,674
down €114,674 (-8.4%), from €1.4m to €1.2m
of which Land and buildings: -€64,158
- Cash +€67,040
up €67,040 (+53.9%), from €124,396 to €191,436
mainly Depreciation (+€116,326) and Receivables within one year (+€65,956)
- Receivables within one year -€65,956
down €65,956 (-64.9%), from €101,549 to €35,593
of which Trade receivables: -€47,145
- Other debts -€49,283
down €49,283 (-9.2%), from €533,775 to €484,492
- Current portion of long-term debt -€42,107
down €42,107 (-100%), from €42,107 to €0
- Debts after one year -€32,840
down €32,840 (-5.0%), from €652,840 to €620,000
- Other operating charges -€90,041
down €90,041 (-84.6%), from €106,425 to €16,384
- Depreciation +€17,678
up €17,678 (+17.9%), from €98,648 to €116,326
- Gross operating margin -€17,003
down €17,003 (-8.3%), from €205,071 to €188,068
- Staff costs +€2,145
up €2,145 (+5.5%), from €39,314 to €41,459
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 | €1,647,836 | €1,529,219 | -€118,618 | -7.2% |
| Fixed assets | 21/28 | €1,363,449 | €1,248,774 | -€114,674 | -8.4% |
| Tangible fixed assets | 22/27 | €1,360,149 | €1,245,474 | -€114,674 | -8.4% |
| Land and buildings | 22 | €1,192,614 | €1,128,456 | -€64,158 | -5.4% |
| Plant, machinery and equipment | 23 | €22,238 | €16,830 | -€5,408 | -24.3% |
| Furniture and vehicles | 24 | €145,297 | €100,188 | -€45,109 | -31.0% |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €284,388 | €280,444 | -€3,943 | -1.4% |
| Stocks and contracts in progress | 3 | €51,714 | €45,694 | -€6,020 | -11.6% |
| Stocks | 30/36 | €51,714 | €45,694 | -€6,020 | -11.6% |
| Amounts receivable within one year | 40/41 | €101,549 | €35,593 | -€65,956 | -64.9% |
| Trade receivables | 40 | €82,559 | €35,414 | -€47,145 | -57.1% |
| Other amounts receivable | 41 | €18,990 | €179 | -€18,811 | -99.1% |
| Cash at bank and in hand | 54/58 | €124,396 | €191,436 | +€67,040 | +53.9% |
| Deferred charges and accrued income | 490/1 | €6,728 | €7,721 | +€993 | +14.8% |
| Total equity and liabilities | 10/49 | €1,647,836 | €1,529,219 | -€118,618 | -7.2% |
| Equity | 10/15 | €391,165 | €399,138 | +€7,973 | +2.0% |
| Contributions | 10/11 | €620,000 | €620,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€228,835 | -€220,862 | +€7,973 | +3.5% |
| Amounts payable | 17/49 | €1,256,671 | €1,130,080 | -€126,591 | -10.1% |
| Amounts payable after more than one year | 17 | €652,840 | €620,000 | -€32,840 | -5.0% |
| Financial debts | 170/4 | €652,840 | €620,000 | -€32,840 | -5.0% |
| Amounts payable within one year | 42/48 | €603,831 | €510,080 | -€93,751 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €42,107 | €0 | -€42,107 | -100% |
| Trade debts | 44 | €13,213 | €6,500 | -€6,713 | -50.8% |
| Suppliers | 440/4 | €13,213 | €6,500 | -€6,713 | -50.8% |
| Taxes, remuneration and social security | 45 | €14,736 | €19,089 | +€4,353 | +29.5% |
| Taxes | 450/3 | €9,264 | €13,359 | +€4,095 | +44.2% |
| Remuneration and social security | 454/9 | €5,472 | €5,730 | +€258 | +4.7% |
| Other amounts payable | 47/48 | €533,775 | €484,492 | -€49,283 | -9.2% |
| Remuneration, social security and pensions | 62 | €39,314 | €41,459 | +€2,145 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,648 | €116,326 | +€17,678 | +17.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €106,425 | €16,384 | -€90,041 | -84.6% |
| Gross operating margin | 9900 | €205,071 | €188,068 | -€17,003 | -8.3% |
| Operating profit (loss) | 9901 | -€39,316 | €13,898 | +€53,214 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €4,727 | €3,454 | -€1,273 | -26.9% |
| Recurring financial charges | 65 | €4,727 | €3,454 | -€1,273 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | -€44,043 | €10,445 | +€54,488 | |
| Income taxes | 67/77 | €2,608 | €2,471 | -€136 | -5.2% |
| Profit (loss) for the period | 9904 | -€46,651 | €7,973 | +€54,624 | |
| Profit (loss) for the period to be appropriated | 9905 | -€46,651 | €7,973 | +€54,624 |
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 15 October 2026 via checked.be.