BMI BELGIUM: 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.
What changed
BMI BELGIUM
NACE 46.839, Wholesale trade
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€2.6m
2023 · -€2.8m+€209,635
Equity
€201,440
2023 · €2.8m-€2.6m
Cash
-
not filed
Balance sheet total
€3.4m
2023 · €8.9m-€5.5m
Largest movements
Assets
- Receivables within one year -€5.2m
down €5.2m (-66.8%), from €7.8m to €2.6m
of which Other amounts receivable: -€5.5m
- Intangible fixed assets -€150,000
down €150,000 (-66.7%), from €225,000 to €75,000
- Stocks and contracts -€94,920
down €94,920 (-70.2%), from €135,181 to €40,261
Equity and liabilities
- Trade debts -€2.9m
down €2.9m (-52.7%), from €5.4m to €2.6m
- Profit (loss) carried forward -€2.6m
down €2.6m, from €2.2m to -€374,410
- Provisions -€93,021
down €93,021 (-27.6%), from €336,842 to €243,821
Income statement
- Turnover -€4.5m
down €4.5m (-18.0%), from €25.1m to €20.6m
- Goods and materials -€4.2m
down €4.2m (-18.9%), from €22.1m to €17.9m
of which Purchases: -€3.5m
- Depreciation -€590,667
down €590,667 (-67.6%), from €873,975 to €283,308
- Other operating charges +€383,941
up €383,941 (+310%), from €123,869 to €507,810
- Other operating income +€357,644
up €357,644 (+174%), from €205,443 to €563,087
From the 2023 result to the 2024 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.
Result 2023
-€2.8m
Turnover
-€4.5m
Other operating income
+€357,644
Goods and materials
+€4.2m
Services and other goods
-€64,660
Staff costs
-€26,100
Depreciation
+€590,667
Write-downs
-€61,602
Provisions
+€112,451
Other operating charges
-€383,941
Financial income
-€88,590
Financial charges
+€111,145
Taxes
+€12,412
Result 2024
-€2.6m
raises the resultlowers the result
Derived cash bridge
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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,941,952 | €3,394,149 | -€5.5m | -62.0% |
| Fixed assets | 21/28 | €946,252 | €740,787 | -€205,465 | -21.7% |
| Intangible fixed assets | 21 | €225,000 | €75,000 | -€150,000 | -66.7% |
| Tangible fixed assets | 22/27 | €690,002 | €634,537 | -€55,465 | -8.0% |
| Plant, machinery and equipment | 23 | €66,427 | €142,801 | +€76,374 | +115% |
| Furniture and vehicles | 24 | €566,292 | €487,321 | -€78,971 | -13.9% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Assets under construction and advance payments | 27 | €57,283 | €4,415 | -€52,868 | -92.3% |
| Financial fixed assets | 28 | €31,250 | €31,250 | = | 0.0% |
| Affiliated companies | 280/1 | €31,250 | €31,250 | = | 0.0% |
| Amounts receivable | 281 | €31,250 | €31,250 | = | 0.0% |
| Current assets | 29/58 | €7,995,700 | €2,653,362 | -€5.3m | -66.8% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €135,181 | €40,261 | -€94,920 | -70.2% |
| Stocks | 30/36 | €135,181 | €40,261 | -€94,920 | -70.2% |
| Goods purchased for resale | 34 | €135,181 | €40,261 | -€94,920 | -70.2% |
| Amounts receivable within one year | 40/41 | €7,842,142 | €2,602,476 | -€5.2m | -66.8% |
| Trade receivables | 40 | €736,782 | €1,021,910 | +€285,128 | +38.7% |
| Other amounts receivable | 41 | €7,105,360 | €1,580,566 | -€5.5m | -77.8% |
| Deferred charges and accrued income | 490/1 | €18,377 | €10,625 | -€7,752 | -42.2% |
| Total equity and liabilities | 10/49 | €8,941,952 | €3,394,149 | -€5.5m | -62.0% |
| Equity | 10/15 | €2,767,528 | €201,440 | -€2.6m | -92.7% |
| Contributions | 10/11 | €523,500 | €523,500 | = | 0.0% |
| Reserves | 13 | €52,350 | €52,350 | = | 0.0% |
| Distributable reserves | 133 | €52,350 | €52,350 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,191,678 | -€374,410 | -€2.6m | |
| Provisions and deferred taxes | 16 | €336,842 | €243,821 | -€93,021 | -27.6% |
| Provisions for liabilities and charges | 160/5 | €336,842 | €243,821 | -€93,021 | -27.6% |
| Other liabilities and charges | 164/5 | €336,842 | €243,821 | -€93,021 | -27.6% |
| Amounts payable | 17/49 | €5,837,582 | €2,948,888 | -€2.9m | -49.5% |
| Amounts payable within one year | 42/48 | €5,774,066 | €2,931,591 | -€2.8m | -49.2% |
| Trade debts | 44 | €5,449,341 | €2,577,987 | -€2.9m | -52.7% |
| Suppliers | 440/4 | €5,449,341 | €2,577,987 | -€2.9m | -52.7% |
| Taxes, remuneration and social security | 45 | €324,725 | €353,604 | +€28,879 | +8.9% |
| Taxes | 450/3 | €31,398 | €14,629 | -€16,769 | -53.4% |
| Remuneration and social security | 454/9 | €293,327 | €338,975 | +€45,648 | +15.6% |
| Accrued charges and deferred income | 492/3 | €63,516 | €17,297 | -€46,219 | -72.8% |
| Operating income | 70/76A | €25,337,274 | €21,179,048 | -€4.2m | -16.4% |
| Turnover | 70 | €25,131,831 | €20,615,961 | -€4.5m | -18.0% |
| Other operating income | 74 | €205,443 | €563,087 | +€357,644 | +174% |
| Operating charges | 60/66A | €27,926,291 | €23,593,397 | -€4.3m | -15.5% |
| Goods for resale, raw materials and consumables | 60 | €22,053,730 | €17,887,651 | -€4.2m | -18.9% |
| Purchases | 600/8 | €21,313,704 | €17,825,373 | -€3.5m | -16.4% |
| Change in stocks: decrease (increase) | 609 | €740,026 | €62,278 | -€677,748 | -91.6% |
| Services and other goods | 61 | €2,810,106 | €2,874,766 | +€64,660 | +2.3% |
| Remuneration, social security and pensions | 62 | €2,064,611 | €2,090,711 | +€26,100 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €873,975 | €283,308 | -€590,667 | -67.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €61,602 | +€61,602 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | -€112,451 | -€112,451 | |
| Other operating charges | 640/8 | €123,869 | €507,810 | +€383,941 | +310% |
| Operating profit (loss) | 9901 | -€2,589,017 | -€2,414,349 | +€174,668 | +6.7% |
| Financial income | 75/76B | €250,987 | €162,397 | -€88,590 | -35.3% |
| Recurring financial income | 75 | €250,987 | €162,397 | -€88,590 | -35.3% |
| Income from current assets | 751 | €250,987 | €162,397 | -€88,590 | -35.3% |
| Financial charges | 65/66B | €421,436 | €310,291 | -€111,145 | -26.4% |
| Recurring financial charges | 65 | €421,436 | €310,291 | -€111,145 | -26.4% |
| Debt charges | 650 | €421,436 | €310,291 | -€111,145 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,759,466 | -€2,562,243 | +€197,223 | +7.1% |
| Income taxes | 67/77 | €16,257 | €3,845 | -€12,412 | -76.3% |
| Taxes | 670/3 | €16,257 | €3,845 | -€12,412 | -76.3% |
| Profit (loss) for the period | 9904 | -€2,775,723 | -€2,566,088 | +€209,635 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,775,723 | -€2,566,088 | +€209,635 | +7.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.