BMI GROUP HOLDING: what changed
What changed
BMI GROUP HOLDING
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
-€1.8m
2023 · -€260-€1.8m
Equity
-€1.1m
2023 · €717,299-€1.8m
Cash
€9,913
2023 · €2,641+€7,271
Balance sheet total
€172,909
2023 · €1.8m-€1.7m
Largest movements
Assets
- Financial fixed assets -€1.8m
down €1.8m (-100%), from €1.8m to €0
- Receivables within one year +€79,546
up €79,546 (+262%), from €30,369 to €109,916
of which Trade receivables: +€68,763
- Tangible fixed assets +€51,474
new in 2024: €51,474
Equity and liabilities
- Profit (loss) carried forward -€1.8m
down €1.8m (-342%), from -€520,741 to -€2.3m
- Trade debts +€106,967
up €106,967 (+391%), from €27,360 to €134,328
- Debts after one year -€49,105
down €49,105 (-19.1%), from €257,233 to €208,128
- Current portion of long-term debt +€29,622
up €29,622 (+34.6%), from €85,600 to €115,222
Income statement
- Financial charges +€1.8m
up €1.8m (+12,102%), from €14,918 to €1.8m
of which Non-recurring financial charges: +€1.8m
- Gross operating margin +€44,265
up €44,265 (+279%), from €15,894 to €60,159
- Depreciation +€12,868
new in 2024: €12,868
- Provisions +€6,000
new in 2024: €6,000
- Other operating charges +€3,124
up €3,124 (+451%), from €692 to €3,816
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€260
Gross operating margin
+€44,265
Depreciation
-€12,868
Provisions
-€6,000
Other operating charges
-€3,124
Financial charges
-€1.8m
Taxes
-€2
Result 2024
-€1.8m
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1.7m
Investment
+€1.7m
Financing
-€19,483
Cash 2023
€2,641
From operations (derived)
-€1.7m
Net result for the year
-€1.8m
Depreciation
+€12,868
Receivables within one year
-€79,546
Deferred charges and accrued income
+€4,659
Provisions
+€6,000
Trade debts
+€106,967
Tax, wage and social debts
+€3,650
Other debts
+€7,860
Accrued charges and deferred income
+€5,757
Investment (derived)
+€1.7m
Investment in fixed assets (net)
+€1.7m
Financing
-€19,483
Debts after one year
-€49,105
Current portion of long-term debt
+€29,622
Cash 2024
€9,913
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,845,471 | €172,909 | -€1.7m | -90.6% |
| Fixed assets | 21/28 | €1,806,194 | €51,474 | -€1.8m | -97.2% |
| Tangible fixed assets | 22/27 | - | €51,474 | +€51,474 | |
| Furniture and vehicles | 24 | - | €51,474 | +€51,474 | |
| Financial fixed assets | 28 | €1,806,194 | €0 | -€1.8m | -100% |
| Current assets | 29/58 | €39,277 | €121,436 | +€82,159 | +209% |
| Amounts receivable within one year | 40/41 | €30,369 | €109,916 | +€79,546 | +262% |
| Trade receivables | 40 | €26,000 | €94,763 | +€68,763 | +264% |
| Other amounts receivable | 41 | €4,369 | €15,153 | +€10,784 | +247% |
| Cash at bank and in hand | 54/58 | €2,641 | €9,913 | +€7,271 | +275% |
| Deferred charges and accrued income | 490/1 | €6,266 | €1,607 | -€4,659 | -74.3% |
| Total equity and liabilities | 10/49 | €1,845,471 | €172,909 | -€1.7m | -90.6% |
| Equity | 10/15 | €717,299 | -€1,066,013 | -€1.8m | |
| Contributions | 10/11 | €1,230,000 | €1,230,000 | = | 0.0% |
| Capital | 10 | €1,230,000 | €1,230,000 | = | 0.0% |
| Issued capital | 100 | €1,230,000 | €1,230,000 | = | 0.0% |
| Reserves | 13 | €8,040 | €8,040 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,040 | €8,040 | = | 0.0% |
| Legal reserve | 130 | €8,040 | €8,040 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€520,741 | -€2,304,053 | -€1.8m | -342% |
| Provisions and deferred taxes | 16 | - | €6,000 | +€6,000 | |
| Provisions for liabilities and charges | 160/5 | - | €6,000 | +€6,000 | |
| Other liabilities and charges | 164/5 | - | €6,000 | +€6,000 | |
| Amounts payable | 17/49 | €1,128,172 | €1,232,923 | +€104,750 | +9.3% |
| Amounts payable after more than one year | 17 | €257,233 | €208,128 | -€49,105 | -19.1% |
| Financial debts | 170/4 | €257,233 | €208,128 | -€49,105 | -19.1% |
| Amounts payable within one year | 42/48 | €870,939 | €1,019,038 | +€148,098 | +17.0% |
| Current portion of amounts payable after more than one year | 42 | €85,600 | €115,222 | +€29,622 | +34.6% |
| Trade debts | 44 | €27,360 | €134,328 | +€106,967 | +391% |
| Suppliers | 440/4 | €27,360 | €134,328 | +€106,967 | +391% |
| Taxes, remuneration and social security | 45 | €555 | €4,204 | +€3,650 | +658% |
| Taxes | 450/3 | €555 | €4,204 | +€3,650 | +658% |
| Other amounts payable | 47/48 | €757,424 | €765,284 | +€7,860 | +1.0% |
| Accrued charges and deferred income | 492/3 | €0 | €5,757 | +€5,757 | |
| Non-recurring operating income | 76A | - | €19,674 | +€19,674 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €12,868 | +€12,868 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €6,000 | +€6,000 | |
| Other operating charges | 640/8 | €692 | €3,816 | +€3,124 | +451% |
| Gross operating margin | 9900 | €15,894 | €60,159 | +€44,265 | +279% |
| Operating profit (loss) | 9901 | €15,202 | €37,475 | +€22,273 | +147% |
| Financial charges | 65/66B | €14,918 | €1,820,240 | +€1.8m | +12,102% |
| Recurring financial charges | 65 | €14,918 | €20,240 | +€5,322 | +35.7% |
| Non-recurring financial charges | 66B | - | €1,800,000 | +€1.8m | |
| Profit (loss) for the period before taxes | 9903 | €284 | -€1,782,765 | -€1.8m | |
| Income taxes | 67/77 | €544 | €546 | +€2 | +0.4% |
| Profit (loss) for the period | 9904 | -€260 | -€1,783,312 | -€1.8m | -684,788% |
| Profit (loss) for the period to be appropriated | 9905 | -€260 | -€1,783,312 | -€1.8m | -684,788% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.