BMK Vastgoed: what changed
BMK Vastgoed
Largest movements
- Tangible fixed assets +€20,519
up €20,519 (+61.1%), from €33,579 to €54,098
of which Plant, machinery and equipment: +€24,451
- Cash -€13,205
down €13,205 (-41.7%), from €31,651 to €18,446
mainly Investment in fixed assets (net) (-€30,564) and Receivables within one year (-€9,252)
- Receivables within one year +€9,252
up €9,252 (+27.0%), from €34,246 to €43,498
of which Trade receivables: +€9,425
- Reserves +€17,699
up €17,699 (+14.9%), from €119,085 to €136,783
- Debts after one year +€7,902
up €7,902 (+25.7%), from €30,714 to €38,617
- Tax, wage and social debts -€7,116
down €7,116 (-31.4%), from €22,640 to €15,523
- Trade debts -€5,944
down €5,944 (-65.1%), from €9,128 to €3,184
- Current portion of long-term debt +€4,026
up €4,026 (+71.9%), from €5,600 to €9,626
- Gross operating margin -€22,857
down €22,857 (-33.2%), from €68,813 to €45,956
- Taxes -€10,401
down €10,401 (-47.8%), from €21,740 to €11,338
- Depreciation +€7,657
up €7,657 (+321%), from €2,388 to €10,045
- Other operating charges -€1,741
down €1,741 (-35.0%), from €4,979 to €3,237
- Financial charges +€1,483
up €1,483 (+68.9%), from €2,155 to €3,638
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €199,166 | €215,733 | +€16,567 | +8.3% |
| Fixed assets | 21/28 | €133,269 | €153,789 | +€20,519 | +15.4% |
| Tangible fixed assets | 22/27 | €33,579 | €54,098 | +€20,519 | +61.1% |
| Land and buildings | 22 | €18,480 | €18,480 | = | 0.0% |
| Plant, machinery and equipment | 23 | - | €24,451 | +€24,451 | |
| Furniture and vehicles | 24 | €7,132 | €4,586 | -€2,546 | -35.7% |
| Other tangible fixed assets | 26 | €7,967 | €6,581 | -€1,386 | -17.4% |
| Financial fixed assets | 28 | €99,691 | €99,691 | = | 0.0% |
| Current assets | 29/58 | €65,897 | €61,944 | -€3,953 | -6.0% |
| Amounts receivable within one year | 40/41 | €34,246 | €43,498 | +€9,252 | +27.0% |
| Trade receivables | 40 | €29,057 | €38,482 | +€9,425 | +32.4% |
| Other amounts receivable | 41 | €5,189 | €5,016 | -€173 | -3.3% |
| Cash at bank and in hand | 54/58 | €31,651 | €18,446 | -€13,205 | -41.7% |
| Total equity and liabilities | 10/49 | €199,166 | €215,733 | +€16,567 | +8.3% |
| Equity | 10/15 | €131,085 | €148,783 | +€17,699 | +13.5% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €119,085 | €136,783 | +€17,699 | +14.9% |
| Distributable reserves | 133 | €119,085 | €136,783 | +€17,699 | +14.9% |
| Amounts payable | 17/49 | €68,082 | €66,950 | -€1,132 | -1.7% |
| Amounts payable after more than one year | 17 | €30,714 | €38,617 | +€7,902 | +25.7% |
| Financial debts | 170/4 | €30,714 | €38,617 | +€7,902 | +25.7% |
| Amounts payable within one year | 42/48 | €37,368 | €28,333 | -€9,035 | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €5,600 | €9,626 | +€4,026 | +71.9% |
| Trade debts | 44 | €9,128 | €3,184 | -€5,944 | -65.1% |
| Suppliers | 440/4 | €9,128 | €3,184 | -€5,944 | -65.1% |
| Taxes, remuneration and social security | 45 | €22,640 | €15,523 | -€7,116 | -31.4% |
| Taxes | 450/3 | €22,640 | €15,523 | -€7,116 | -31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,388 | €10,045 | +€7,657 | +321% |
| Other operating charges | 640/8 | €4,979 | €3,237 | -€1,741 | -35.0% |
| Gross operating margin | 9900 | €68,813 | €45,956 | -€22,857 | -33.2% |
| Operating profit (loss) | 9901 | €61,447 | €32,675 | -€28,772 | -46.8% |
| Financial income | 75/76B | €1 | €0 | -€1 | -68.5% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -68.5% |
| Financial charges | 65/66B | €2,155 | €3,638 | +€1,483 | +68.9% |
| Recurring financial charges | 65 | €2,155 | €3,638 | +€1,483 | +68.9% |
| Profit (loss) for the period before taxes | 9903 | €59,294 | €29,037 | -€30,257 | -51.0% |
| Income taxes | 67/77 | €21,740 | €11,338 | -€10,401 | -47.8% |
| Profit (loss) for the period | 9904 | €37,554 | €17,699 | -€19,855 | -52.9% |
| Profit (loss) for the period to be appropriated | 9905 | €37,554 | €17,699 | -€19,855 | -52.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.