BMG TECHNICS: 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 TECHNICS
Largest movements
- Receivables within one year +€18,193
up €18,193 (+429.0%), from €4,241 to €22,434
- Cash -€13,655
down €13,655 (-30.5%), from €44,761 to €31,106
mainly Receivables within one year (-€18,193) and Debts after one year (-€8,533)
- Tangible fixed assets -€7,263
down €7,263 (-39.4%), from €18,430 to €11,167
of which Furniture and vehicles: -€6,747
- Deferred charges and accrued income +€3,494
up €3,494 (+1280.4%), from €273 to €3,767
- Reserves +€11,367
up €11,367 (+74.5%), from €15,260 to €26,627
- Debts after one year -€8,533
no longer reported in 2025 (was €8,533)
- Trade debts +€2,308
up €2,308 (+5254.5%), from €44 to €2,352
- Other debts -€2,027
down €2,027 (-8.4%), from €24,262 to €22,236
- Tax, wage and social debts -€1,949
down €1,949 (-24.1%), from €8,087 to €6,138
- Gross operating margin -€9,422
down €9,422 (-24.4%), from €38,659 to €29,237
- Depreciation -€3,470
down €3,470 (-25.6%), from €13,550 to €10,081
- Taxes -€929
down €929 (-20.3%), from €4,574 to €3,646
- Financial charges -€555
down €555 (-17.1%), from €3,243 to €2,688
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.
Cash bridge derived
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 | €68,997 | €69,885 | +€889 | +1.3% |
| Fixed assets | 21/28 | €18,630 | €11,367 | -€7,263 | -39.0% |
| Tangible fixed assets | 22/27 | €18,430 | €11,167 | -€7,263 | -39.4% |
| Plant, machinery and equipment | 23 | €2,108 | €1,592 | -€516 | -24.5% |
| Furniture and vehicles | 24 | €16,322 | €9,575 | -€6,747 | -41.3% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €50,366 | €58,518 | +€8,152 | +16.2% |
| Stocks and contracts in progress | 3 | €1,092 | €1,212 | +€120 | +11.0% |
| Stocks | 30/36 | €1,092 | €1,212 | +€120 | +11.0% |
| Amounts receivable within one year | 40/41 | €4,241 | €22,434 | +€18,193 | +429.0% |
| Trade receivables | 40 | €4,241 | €22,434 | +€18,193 | +429.0% |
| Cash at bank and in hand | 54/58 | €44,761 | €31,106 | -€13,655 | -30.5% |
| Deferred charges and accrued income | 490/1 | €273 | €3,767 | +€3,494 | +1280.4% |
| Total equity and liabilities | 10/49 | €68,997 | €69,885 | +€889 | +1.3% |
| Equity | 10/15 | €19,260 | €30,627 | +€11,367 | +59.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €15,260 | €26,627 | +€11,367 | +74.5% |
| Distributable reserves | 133 | €15,260 | €26,627 | +€11,367 | +74.5% |
| Amounts payable | 17/49 | €49,737 | €39,258 | -€10,479 | -21.1% |
| Amounts payable after more than one year | 17 | €8,533 | - | -€8,533 | |
| Financial debts | 170/4 | €8,533 | - | -€8,533 | |
| Amounts payable within one year | 42/48 | €41,204 | €39,258 | -€1,946 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €8,811 | €8,533 | -€278 | -3.2% |
| Trade debts | 44 | €44 | €2,352 | +€2,308 | +5254.5% |
| Suppliers | 440/4 | €44 | €2,352 | +€2,308 | +5254.5% |
| Taxes, remuneration and social security | 45 | €8,087 | €6,138 | -€1,949 | -24.1% |
| Taxes | 450/3 | €8,087 | €6,138 | -€1,949 | -24.1% |
| Other amounts payable | 47/48 | €24,262 | €22,236 | -€2,027 | -8.4% |
| Remuneration, social security and pensions | 62 | €500 | €250 | -€250 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,550 | €10,081 | -€3,470 | -25.6% |
| Other operating charges | 640/8 | €713 | €380 | -€333 | -46.7% |
| Gross operating margin | 9900 | €38,659 | €29,237 | -€9,422 | -24.4% |
| Operating profit (loss) | 9901 | €23,895 | €18,527 | -€5,369 | -22.5% |
| Financial income | 75/76B | €15 | €7 | -€8 | -51.1% |
| Recurring financial income | 75 | €15 | €7 | -€8 | -51.1% |
| Financial charges | 65/66B | €3,243 | €2,688 | -€555 | -17.1% |
| Recurring financial charges | 65 | €3,243 | €2,688 | -€555 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €20,667 | €15,846 | -€4,821 | -23.3% |
| Income taxes | 67/77 | €4,574 | €3,646 | -€929 | -20.3% |
| Profit (loss) for the period | 9904 | €16,093 | €12,200 | -€3,893 | -24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,093 | €12,200 | -€3,893 | -24.2% |
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.