BMK Projects: 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.
BMK Projects
Largest movements
- Stocks and contracts -€135,250
down €135,250 (-90.2%), from €150,000 to €14,750
of which Contracts in progress: -€150,000
- Tangible fixed assets -€15,286
down €15,286 (-20.8%), from €73,634 to €58,348
of which Furniture and vehicles: -€12,440
- Cash +€11,920
up €11,920 (+196%), from €6,091 to €18,012
mainly Stocks and contracts (+€135,250) and Depreciation (+€19,426)
- Receivables within one year -€4,416
down €4,416 (-63.9%), from €6,916 to €2,500
of which Other amounts receivable: -€3,950
- Other debts -€156,234
down €156,234 (-96.5%), from €161,887 to €5,653
- Tax, wage and social debts +€13,608
up €13,608 (+130%), from €10,507 to €24,116
- Trade debts -€6,559
down €6,559 (-26.4%), from €24,889 to €18,330
- Purchases and services +€101,900
up €101,900 (+53.0%), from €192,099 to €293,999
- Gross operating margin -€16,266
down €16,266 (-36.9%), from €44,115 to €27,849
- Depreciation +€4,394
up €4,394 (+29.2%), from €15,032 to €19,426
- Other operating charges -€3,055
down €3,055 (-65.6%), from €4,655 to €1,600
- Taxes -€2,161
down €2,161 (-37.1%), from €5,825 to €3,665
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €237,926 | €93,610 | -€144,316 | -60.7% |
| Fixed assets | 21/28 | €73,634 | €58,348 | -€15,286 | -20.8% |
| Tangible fixed assets | 22/27 | €73,634 | €58,348 | -€15,286 | -20.8% |
| Plant, machinery and equipment | 23 | €3,549 | €703 | -€2,847 | -80.2% |
| Furniture and vehicles | 24 | €70,085 | €57,645 | -€12,440 | -17.7% |
| Current assets | 29/58 | €164,292 | €35,262 | -€129,030 | -78.5% |
| Stocks and contracts in progress | 3 | €150,000 | €14,750 | -€135,250 | -90.2% |
| Stocks | 30/36 | - | €14,750 | +€14,750 | |
| Contracts in progress | 37 | €150,000 | - | -€150,000 | |
| Amounts receivable within one year | 40/41 | €6,916 | €2,500 | -€4,416 | -63.9% |
| Trade receivables | 40 | €2,816 | €2,350 | -€466 | -16.5% |
| Other amounts receivable | 41 | €4,100 | €150 | -€3,950 | -96.3% |
| Cash at bank and in hand | 54/58 | €6,091 | €18,012 | +€11,920 | +196% |
| Deferred charges and accrued income | 490/1 | €1,285 | - | -€1,285 | |
| Total equity and liabilities | 10/49 | €237,926 | €93,610 | -€144,316 | -60.7% |
| Equity | 10/15 | €40,643 | €42,982 | +€2,339 | +5.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,643 | €37,982 | +€2,339 | +6.6% |
| Amounts payable | 17/49 | €197,283 | €50,628 | -€146,656 | -74.3% |
| Amounts payable after more than one year | 17 | - | €1,449 | +€1,449 | |
| Financial debts | 170/4 | - | €1,449 | +€1,449 | |
| Amounts payable within one year | 42/48 | €197,283 | €49,179 | -€148,104 | -75.1% |
| Current portion of amounts payable after more than one year | 42 | - | €1,080 | +€1,080 | |
| Trade debts | 44 | €24,889 | €18,330 | -€6,559 | -26.4% |
| Suppliers | 440/4 | €24,889 | €18,330 | -€6,559 | -26.4% |
| Taxes, remuneration and social security | 45 | €10,507 | €24,116 | +€13,608 | +130% |
| Taxes | 450/3 | €10,507 | €24,116 | +€13,608 | +130% |
| Other amounts payable | 47/48 | €161,887 | €5,653 | -€156,234 | -96.5% |
| Non-recurring operating income | 76A | - | €3,698 | +€3,698 | |
| Goods, raw materials, services and sundry goods | 60/61 | €192,099 | €293,999 | +€101,900 | +53.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,032 | €19,426 | +€4,394 | +29.2% |
| Other operating charges | 640/8 | €4,655 | €1,600 | -€3,055 | -65.6% |
| Gross operating margin | 9900 | €44,115 | €27,849 | -€16,266 | -36.9% |
| Operating profit (loss) | 9901 | €24,429 | €6,824 | -€17,605 | -72.1% |
| Financial income | 75/76B | - | €78 | +€78 | |
| Recurring financial income | 75 | - | €78 | +€78 | |
| Financial charges | 65/66B | €349 | €898 | +€548 | +157% |
| Recurring financial charges | 65 | €349 | €898 | +€548 | +157% |
| Profit (loss) for the period before taxes | 9903 | €24,080 | €6,004 | -€18,076 | -75.1% |
| Income taxes | 67/77 | €5,825 | €3,665 | -€2,161 | -37.1% |
| Profit (loss) for the period | 9904 | €18,254 | €2,339 | -€15,915 | -87.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,254 | €2,339 | -€15,915 | -87.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.