BMG HOLDING: 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 HOLDING
Largest movements
- Cash +€23,418
up €23,418 (+2,153%), from €1,088 to €24,506
mainly Other debts (+€51,000) and Receivables within one year (+€3,600)
- Receivables within one year -€3,600
down €3,600 (-5.6%), from €64,797 to €61,197
of which Trade receivables: -€3,600
- Other debts +€51,000
up €51,000 (+32.0%), from €159,152 to €210,152
- Profit (loss) carried forward -€31,182
down €31,182 (-10.9%), from -€285,267 to -€316,449
- Gross operating margin -€2,019
down €2,019 (-44.0%), from -€4,592 to -€6,611
- Financial charges -€555
down €555 (-91.0%), from €610 to €55
of which Non-recurring financial charges: -€512
- Other operating charges +€428
up €428 (+72.8%), from €588 to €1,016
- Financial income -€376
no longer reported in 2025 (was €376)
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 | €88,885 | €108,703 | +€19,818 | +22.3% |
| Fixed assets | 21/28 | €23,000 | €23,000 | = | 0.0% |
| Financial fixed assets | 28 | €23,000 | €23,000 | = | 0.0% |
| Current assets | 29/58 | €65,885 | €85,703 | +€19,818 | +30.1% |
| Amounts receivable within one year | 40/41 | €64,797 | €61,197 | -€3,600 | -5.6% |
| Trade receivables | 40 | €64,653 | €61,053 | -€3,600 | -5.6% |
| Other amounts receivable | 41 | €144 | €144 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,088 | €24,506 | +€23,418 | +2,153% |
| Total equity and liabilities | 10/49 | €88,885 | €108,703 | +€19,818 | +22.3% |
| Equity | 10/15 | -€135,267 | -€166,449 | -€31,182 | -23.1% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€285,267 | -€316,449 | -€31,182 | -10.9% |
| Amounts payable | 17/49 | €224,152 | €275,152 | +€51,000 | +22.8% |
| Amounts payable after more than one year | 17 | €65,000 | €65,000 | = | 0.0% |
| Other amounts payable | 178/9 | €65,000 | €65,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €159,152 | €210,152 | +€51,000 | +32.0% |
| Other amounts payable | 47/48 | €159,152 | €210,152 | +€51,000 | +32.0% |
| Other operating charges | 640/8 | €588 | €1,016 | +€428 | +72.8% |
| Non-recurring operating charges | 66A | - | €23,500 | +€23,500 | |
| Gross operating margin | 9900 | -€4,592 | -€6,611 | -€2,019 | -44.0% |
| Operating profit (loss) | 9901 | -€5,180 | -€31,127 | -€25,947 | -501% |
| Financial income | 75/76B | €376 | - | -€376 | |
| Recurring financial income | 75 | €376 | - | -€376 | |
| Financial charges | 65/66B | €610 | €55 | -€555 | -91.0% |
| Recurring financial charges | 65 | €98 | €55 | -€43 | -43.8% |
| Non-recurring financial charges | 66B | €512 | - | -€512 | |
| Profit (loss) for the period before taxes | 9903 | -€5,414 | -€31,182 | -€25,768 | -476% |
| Profit (loss) for the period | 9904 | -€5,414 | -€31,182 | -€25,768 | -476% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,414 | -€31,182 | -€25,768 | -476% |
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 19 October 2026 via checked.be.