BMJB: 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.
BMJB
Largest movements
- Current investments -€220,000
down €220,000 (-100.0%), from €220,000 to €0
- Cash +€136,447
up €136,447 (+1386.9%), from €9,838 to €146,285
mainly Current investments (+€220,000) and Net result for the year (+€139,388)
- Receivables within one year -€35,000
down €35,000 (-100.0%), from €35,000 to €0
- Reserves -€121,464
down €121,464 (-24.3%), from €500,495 to €379,031
- Other debts +€63,064
up €63,064 (+58.4%), from €107,913 to €170,977
- Debts after one year -€46,103
down €46,103 (-26.9%), from €171,132 to €125,029
- Tax, wage and social debts -€13,832
down €13,832 (-54.0%), from €25,611 to €11,779
- Financial income -€53,330
down €53,330 (-51.0%), from €104,539 to €51,209
- Gross operating margin -€46,747
down €46,747 (-20.7%), from €226,348 to €179,601
- Other operating charges +€27,494
up €27,494 (+897.7%), from €3,063 to €30,557
- Taxes -€23,031
down €23,031 (-29.9%), from €77,078 to €54,047
- Financial charges -€4,462
down €4,462 (-46.0%), from €9,693 to €5,231
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €873,151 | €754,950 | -€118,201 | -13.5% |
| Fixed assets | 21/28 | €603,024 | €601,436 | -€1,587 | -0.3% |
| Tangible fixed assets | 22/27 | €477,524 | €475,936 | -€1,587 | -0.3% |
| Land and buildings | 22 | €471,415 | €471,415 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,152 | €1,641 | -€511 | -23.7% |
| Furniture and vehicles | 24 | €3,956 | €2,880 | -€1,076 | -27.2% |
| Financial fixed assets | 28 | €125,500 | €125,500 | = | 0.0% |
| Current assets | 29/58 | €270,128 | €153,514 | -€116,614 | -43.2% |
| Amounts receivable within one year | 40/41 | €35,000 | €0 | -€35,000 | -100.0% |
| Other amounts receivable | 41 | €35,000 | €0 | -€35,000 | -100.0% |
| Current investments | 50/53 | €220,000 | €0 | -€220,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €9,838 | €146,285 | +€136,447 | +1386.9% |
| Deferred charges and accrued income | 490/1 | €5,290 | €7,229 | +€1,939 | +36.7% |
| Total equity and liabilities | 10/49 | €873,151 | €754,950 | -€118,201 | -13.5% |
| Equity | 10/15 | €519,095 | €397,631 | -€121,464 | -23.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €500,495 | €379,031 | -€121,464 | -24.3% |
| Distributable reserves | 133 | €500,495 | €379,031 | -€121,464 | -24.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €354,057 | €357,319 | +€3,263 | +0.9% |
| Amounts payable after more than one year | 17 | €171,132 | €125,029 | -€46,103 | -26.9% |
| Financial debts | 170/4 | €171,132 | €125,029 | -€46,103 | -26.9% |
| Amounts payable within one year | 42/48 | €182,259 | €231,759 | +€49,499 | +27.2% |
| Current portion of amounts payable after more than one year | 42 | €45,682 | €46,103 | +€421 | +0.9% |
| Trade debts | 44 | €3,053 | €2,900 | -€153 | -5.0% |
| Suppliers | 440/4 | €3,053 | €2,900 | -€153 | -5.0% |
| Taxes, remuneration and social security | 45 | €25,611 | €11,779 | -€13,832 | -54.0% |
| Taxes | 450/3 | €25,611 | €11,779 | -€13,832 | -54.0% |
| Other amounts payable | 47/48 | €107,913 | €170,977 | +€63,064 | +58.4% |
| Accrued charges and deferred income | 492/3 | €665 | €531 | -€133 | -20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,411 | €1,587 | +€177 | +12.5% |
| Other operating charges | 640/8 | €3,063 | €30,557 | +€27,494 | +897.7% |
| Gross operating margin | 9900 | €226,348 | €179,601 | -€46,747 | -20.7% |
| Operating profit (loss) | 9901 | €221,874 | €147,457 | -€74,418 | -33.5% |
| Financial income | 75/76B | €104,539 | €51,209 | -€53,330 | -51.0% |
| Recurring financial income | 75 | €104,539 | €51,209 | -€53,330 | -51.0% |
| Financial charges | 65/66B | €9,693 | €5,231 | -€4,462 | -46.0% |
| Recurring financial charges | 65 | €9,693 | €5,231 | -€4,462 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | €316,721 | €193,435 | -€123,286 | -38.9% |
| Income taxes | 67/77 | €77,078 | €54,047 | -€23,031 | -29.9% |
| Profit (loss) for the period | 9904 | €239,643 | €139,388 | -€100,255 | -41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €239,643 | €139,388 | -€100,255 | -41.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.