BMI PARTNER: what changed
Two fiscal 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.
BMI PARTNER
Largest movements
- Tangible fixed assets +€232,586
up €232,586 (+228.1%), from €101,956 to €334,542
of which Land and buildings: +€219,407
- Current investments -€171,035
down €171,035 (-45.6%), from €375,000 to €203,965
- Cash -€40,235
down €40,235 (-56.1%), from €71,772 to €31,537
mainly Investment in fixed assets (net) (-€257,286) and Debts after one year (-€35,367)
- Receivables after one year -€13,213
down €13,213 (-17.6%), from €74,991 to €61,778
- Profit (loss) carried forward +€46,900
up €46,900 (+5.8%), from €801,971 to €848,871
- Debts after one year -€35,367
down €35,367 (-10.1%), from €348,881 to €313,514
- Financial income -€81,583
down €81,583 (-56.4%), from €144,751 to €63,168
- Depreciation +€6,212
up €6,212 (+33.6%), from €18,488 to €24,700
- Financial charges -€3,784
down €3,784 (-18.4%), from €20,548 to €16,764
- Gross operating margin -€1,109
down €1,109 (-3.9%), from €28,578 to €27,469
- Other operating charges -€462
down €462 (-16.9%), from €2,735 to €2,273
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 | €1,240,051 | €1,249,852 | +€9,801 | +0.8% |
| Fixed assets | 21/28 | €689,981 | €922,567 | +€232,586 | +33.7% |
| Tangible fixed assets | 22/27 | €101,956 | €334,542 | +€232,586 | +228.1% |
| Land and buildings | 22 | €40,000 | €259,407 | +€219,407 | +548.5% |
| Plant, machinery and equipment | 23 | €24,252 | €20,740 | -€3,512 | -14.5% |
| Furniture and vehicles | 24 | €5,449 | €35,442 | +€29,993 | +550.4% |
| Leasing and similar rights | 25 | €32,255 | €18,953 | -€13,302 | -41.2% |
| Financial fixed assets | 28 | €588,025 | €588,025 | = | 0.0% |
| Current assets | 29/58 | €550,070 | €327,285 | -€222,785 | -40.5% |
| Amounts receivable after more than one year | 29 | €74,991 | €61,778 | -€13,213 | -17.6% |
| Other amounts receivable | 291 | €74,991 | €61,778 | -€13,213 | -17.6% |
| Amounts receivable within one year | 40/41 | €26,985 | €27,107 | +€122 | +0.5% |
| Trade receivables | 40 | €26,985 | €26,985 | = | 0.0% |
| Other amounts receivable | 41 | - | €122 | +€122 | |
| Current investments | 50/53 | €375,000 | €203,965 | -€171,035 | -45.6% |
| Cash at bank and in hand | 54/58 | €71,772 | €31,537 | -€40,235 | -56.1% |
| Deferred charges and accrued income | 490/1 | €1,322 | €2,898 | +€1,576 | +119.2% |
| Total equity and liabilities | 10/49 | €1,240,051 | €1,249,852 | +€9,801 | +0.8% |
| Equity | 10/15 | €822,596 | €869,496 | +€46,900 | +5.7% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €1,875 | €1,875 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | €801,971 | €848,871 | +€46,900 | +5.8% |
| Amounts payable | 17/49 | €417,455 | €380,356 | -€37,099 | -8.9% |
| Amounts payable after more than one year | 17 | €348,881 | €313,514 | -€35,367 | -10.1% |
| Financial debts | 170/4 | €348,881 | €313,514 | -€35,367 | -10.1% |
| Amounts payable within one year | 42/48 | €68,574 | €66,842 | -€1,732 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €37,249 | €36,368 | -€881 | -2.4% |
| Trade debts | 44 | €434 | €178 | -€256 | -59.0% |
| Suppliers | 440/4 | €434 | €178 | -€256 | -59.0% |
| Taxes, remuneration and social security | 45 | €243 | €178 | -€65 | -26.7% |
| Taxes | 450/3 | €243 | €178 | -€65 | -26.7% |
| Other amounts payable | 47/48 | €30,648 | €30,118 | -€530 | -1.7% |
| Non-recurring operating income | 76A | €11,624 | - | -€11,624 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,488 | €24,700 | +€6,212 | +33.6% |
| Other operating charges | 640/8 | €2,735 | €2,273 | -€462 | -16.9% |
| Gross operating margin | 9900 | €28,578 | €27,469 | -€1,109 | -3.9% |
| Operating profit (loss) | 9901 | €7,355 | €496 | -€6,859 | -93.3% |
| Financial income | 75/76B | €144,751 | €63,168 | -€81,583 | -56.4% |
| Recurring financial income | 75 | €144,751 | €63,168 | -€81,583 | -56.4% |
| Financial charges | 65/66B | €20,548 | €16,764 | -€3,784 | -18.4% |
| Recurring financial charges | 65 | €20,548 | €16,764 | -€3,784 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €131,558 | €46,900 | -€84,658 | -64.4% |
| Income taxes | 67/77 | €20 | - | -€20 | |
| Profit (loss) for the period | 9904 | €131,538 | €46,900 | -€84,638 | -64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €131,538 | €46,900 | -€84,638 | -64.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.