BMGV: 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.
BMGV
Largest movements
- Receivables within one year -€30,001
no longer reported in 2025 (was €30,001)
- Debts after one year -€43,450
down €43,450 (-21.2%), from €205,288 to €161,838
- Profit (loss) carried forward +€19,250
up €19,250 (+2.8%), from -€681,043 to -€661,793
- Trade debts -€4,996
no longer reported in 2025 (was €4,996)
- Tax, wage and social debts -€854
no longer reported in 2025 (was €854)
- Financial income +€37,000
new in 2025: €37,000
of which Financial income: +€37,000
- Gross operating margin -€7,259
down €7,259 (-90.1%), from -€8,059 to -€15,317
- Financial charges -€1,854
down €1,854 (-98.0%), from €1,891 to €37
- Other operating charges +€1,085
up €1,085 (+82.8%), from €1,311 to €2,395
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,094 | €44 | -€30,049 | -99.9% |
| Current assets | 29/58 | €30,094 | €44 | -€30,049 | -99.9% |
| Amounts receivable within one year | 40/41 | €30,001 | - | -€30,001 | |
| Other amounts receivable | 41 | €30,001 | - | -€30,001 | |
| Current investments | 50/53 | €93 | €44 | -€48 | -52.3% |
| Total equity and liabilities | 10/49 | €30,094 | €44 | -€30,049 | -99.9% |
| Equity | 10/15 | -€181,043 | -€161,793 | +€19,250 | +10.6% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€681,043 | -€661,793 | +€19,250 | +2.8% |
| Amounts payable | 17/49 | €211,137 | €161,838 | -€49,300 | -23.3% |
| Amounts payable after more than one year | 17 | €205,288 | €161,838 | -€43,450 | -21.2% |
| Financial debts | 170/4 | €205,288 | €161,838 | -€43,450 | -21.2% |
| Amounts payable within one year | 42/48 | €5,850 | - | -€5,850 | |
| Trade debts | 44 | €4,996 | - | -€4,996 | |
| Suppliers | 440/4 | €4,996 | - | -€4,996 | |
| Taxes, remuneration and social security | 45 | €854 | - | -€854 | |
| Taxes | 450/3 | €854 | - | -€854 | |
| Other operating charges | 640/8 | €1,311 | €2,395 | +€1,085 | +82.8% |
| Gross operating margin | 9900 | -€8,059 | -€15,317 | -€7,259 | -90.1% |
| Operating profit (loss) | 9901 | -€9,369 | -€17,713 | -€8,343 | -89.0% |
| Financial income | 75/76B | - | €37,000 | +€37,000 | |
| Recurring financial income | 75 | - | €37,000 | +€37,000 | |
| Non-recurring financial income | 76B | - | €37,000 | +€37,000 | |
| Financial charges | 65/66B | €1,891 | €37 | -€1,854 | -98.0% |
| Recurring financial charges | 65 | €1,891 | €37 | -€1,854 | -98.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,261 | €19,250 | +€30,511 | |
| Profit (loss) for the period | 9904 | -€11,261 | €19,250 | +€30,511 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,261 | €19,250 | +€30,511 |
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 11 October 2026 via checked.be.