BMK: 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
BMK
NACE 85.599, Other education
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€4,972
2024 · -€1,626+€6,598
Equity
€472,158
2024 · €467,186+€4,972
Cash
€50
2024 · €183-€133
Balance sheet total
€1.6m
2024 · €1.6m-€16,765
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€25,406
down €25,406 (-4.0%), from €632,096 to €606,690
of which Financial debts: -€25,406
Income statement
- Gross operating margin +€7,950
up €7,950 (+92.8%), from €8,567 to €16,517
- Taxes +€779
up €779, from €0 to €779
- Financial charges +€394
up €394 (+5.2%), from €7,585 to €7,979
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.
Result 2024
-€1,626
Gross operating margin
+€7,950
Other operating charges
-€161
Financial income
-€18
Financial charges
-€394
Taxes
-€779
Result 2025
€4,972
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€24,535
Investment
€0
Financing
-€24,668
Cash 2024
€183
From operations (derived)
+€24,535
Net result for the year
+€4,972
Depreciation
+€1,375
Receivables within one year
+€15,298
Deferred charges and accrued income
-€41
Trade debts
-€1,062
Tax, wage and social debts
+€3,993
Financing
-€24,668
Debts after one year
-€25,406
Current portion of long-term debt
+€738
Cash 2025
€50
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,644,730 | €1,627,966 | -€16,765 | -1.0% |
| Fixed assets | 21/28 | €1,627,115 | €1,625,740 | -€1,375 | -0.1% |
| Tangible fixed assets | 22/27 | €21,762 | €20,388 | -€1,375 | -6.3% |
| Land and buildings | 22 | €21,762 | €20,388 | -€1,375 | -6.3% |
| Financial fixed assets | 28 | €1,605,353 | €1,605,353 | = | 0.0% |
| Current assets | 29/58 | €17,615 | €2,226 | -€15,390 | -87.4% |
| Amounts receivable within one year | 40/41 | €16,150 | €852 | -€15,298 | -94.7% |
| Trade receivables | 40 | €16,150 | €0 | -€16,150 | -100% |
| Other amounts receivable | 41 | €0 | €852 | +€852 | |
| Cash at bank and in hand | 54/58 | €183 | €50 | -€133 | -72.5% |
| Deferred charges and accrued income | 490/1 | €1,282 | €1,323 | +€41 | +3.2% |
| Total equity and liabilities | 10/49 | €1,644,730 | €1,627,966 | -€16,765 | -1.0% |
| Equity | 10/15 | €467,186 | €472,158 | +€4,972 | +1.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €322,500 | €322,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €322,500 | €322,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €132,286 | €137,258 | +€4,972 | +3.8% |
| Amounts payable | 17/49 | €1,177,545 | €1,155,808 | -€21,737 | -1.8% |
| Amounts payable after more than one year | 17 | €632,096 | €606,690 | -€25,406 | -4.0% |
| Financial debts | 170/4 | €223,763 | €198,357 | -€25,406 | -11.4% |
| Other amounts payable | 178/9 | €408,333 | €408,333 | = | 0.0% |
| Amounts payable within one year | 42/48 | €544,949 | €548,618 | +€3,669 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €26,706 | €27,444 | +€738 | +2.8% |
| Trade debts | 44 | €12,808 | €11,746 | -€1,062 | -8.3% |
| Suppliers | 440/4 | €12,808 | €11,746 | -€1,062 | -8.3% |
| Taxes, remuneration and social security | 45 | €18,082 | €22,076 | +€3,993 | +22.1% |
| Taxes | 450/3 | €9,503 | €9,628 | +€126 | +1.3% |
| Remuneration and social security | 454/9 | €8,580 | €12,447 | +€3,868 | +45.1% |
| Other amounts payable | 47/48 | €487,352 | €487,352 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,375 | €1,375 | = | 0.0% |
| Other operating charges | 640/8 | €1,251 | €1,412 | +€161 | +12.9% |
| Gross operating margin | 9900 | €8,567 | €16,517 | +€7,950 | +92.8% |
| Operating profit (loss) | 9901 | €5,941 | €13,730 | +€7,789 | +131% |
| Financial income | 75/76B | €18 | €0 | -€18 | -100% |
| Recurring financial income | 75 | €18 | €0 | -€18 | -100% |
| Financial charges | 65/66B | €7,585 | €7,979 | +€394 | +5.2% |
| Recurring financial charges | 65 | €7,585 | €7,979 | +€394 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,626 | €5,752 | +€7,378 | |
| Income taxes | 67/77 | €0 | €779 | +€779 | |
| Profit (loss) for the period | 9904 | -€1,626 | €4,972 | +€6,598 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,626 | €4,972 | +€6,598 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.