BMGT Terrassement: what changed
BMGT Terrassement
Largest movements
- Receivables within one year -€9,686
down €9,686 (-37.8%), from €25,624 to €15,938
of which Trade receivables: -€9,877
- Tangible fixed assets -€4,461
down €4,461 (-35.2%), from €12,662 to €8,202
of which Furniture and vehicles: -€4,461
- Cash -€655
down €655 (-54.4%), from €1,204 to €548
mainly Net result for the year (-€9,069) and Current portion of long-term debt (-€4,167)
- Profit (loss) carried forward -€9,069
down €9,069, from €7,028 to -€2,041
- Current portion of long-term debt -€4,167
no longer reported in 2025 (was €4,167)
- Tax, wage and social debts -€1,574
down €1,574 (-76.3%), from €2,063 to €489
- Staff costs +€25,767
new in 2025: €25,767
- Gross operating margin +€15,355
up €15,355 (+221%), from €6,937 to €22,292
- Depreciation -€3,779
down €3,779 (-45.9%), from €8,239 to €4,461
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,753 | €24,984 | -€14,769 | -37.2% |
| Fixed assets | 21/28 | €12,662 | €8,202 | -€4,461 | -35.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €12,662 | €8,202 | -€4,461 | -35.2% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €12,662 | €8,202 | -€4,461 | -35.2% |
| Current assets | 29/58 | €27,091 | €16,782 | -€10,309 | -38.1% |
| Amounts receivable within one year | 40/41 | €25,624 | €15,938 | -€9,686 | -37.8% |
| Trade receivables | 40 | €25,624 | €15,747 | -€9,877 | -38.5% |
| Other amounts receivable | 41 | - | €191 | +€191 | |
| Cash at bank and in hand | 54/58 | €1,204 | €548 | -€655 | -54.4% |
| Deferred charges and accrued income | 490/1 | €263 | €295 | +€32 | +12.2% |
| Total equity and liabilities | 10/49 | €39,753 | €24,984 | -€14,769 | -37.2% |
| Equity | 10/15 | €10,028 | €959 | -€9,069 | -90.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,028 | -€2,041 | -€9,069 | |
| Amounts payable | 17/49 | €29,726 | €24,025 | -€5,700 | -19.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €29,726 | €24,025 | -€5,700 | -19.2% |
| Current portion of amounts payable after more than one year | 42 | €4,167 | - | -€4,167 | |
| Trade debts | 44 | €262 | €302 | +€40 | +15.3% |
| Suppliers | 440/4 | €262 | €302 | +€40 | +15.3% |
| Taxes, remuneration and social security | 45 | €2,063 | €489 | -€1,574 | -76.3% |
| Taxes | 450/3 | €2,063 | €489 | -€1,574 | -76.3% |
| Other amounts payable | 47/48 | €23,234 | €23,234 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €25,767 | +€25,767 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,239 | €4,461 | -€3,779 | -45.9% |
| Other operating charges | 640/8 | €975 | €783 | -€192 | -19.7% |
| Gross operating margin | 9900 | €6,937 | €22,292 | +€15,355 | +221% |
| Operating profit (loss) | 9901 | -€2,277 | -€8,719 | -€6,441 | -283% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €340 | €210 | -€130 | -38.2% |
| Recurring financial charges | 65 | €340 | €210 | -€130 | -38.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,617 | -€8,929 | -€6,311 | -241% |
| Income taxes | 67/77 | €348 | €140 | -€208 | -59.7% |
| Profit (loss) for the period | 9904 | -€2,965 | -€9,069 | -€6,104 | -206% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,965 | -€9,069 | -€6,104 | -206% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.