BMK53: 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.
BMK53
Largest movements
- Tangible fixed assets +€364,423
up €364,423 (+19.1%), from €1.9m to €2.3m
- Cash -€177,086
down €177,086 (-99.9%), from €177,193 to €107
mainly Investment in fixed assets (net) (-€494,522) and Receivables within one year (-€92,663)
- Receivables within one year +€92,663
new in 2025: €92,663
- Deferred charges and accrued income -€53,573
down €53,573 (-100.0%), from €53,573 to €0
- Other debts +€179,471
up €179,471 (+119.0%), from €150,770 to €330,241
- Reserves +€66,298
up €66,298 (+5.3%), from €1.3m to €1.3m
of which Distributable reserves: +€66,298
- Depreciation +€63,948
up €63,948 (+96.7%), from €66,151 to €130,098
- Turnover +€53,573
up €53,573 (+30.2%), from €177,426 to €230,998
- Services and other goods -€9,029
down €9,029 (-51.9%), from €17,403 to €8,374
- Other operating charges +€6,053
up €6,053 (+553.6%), from €1,094 to €7,147
- Financial income +€2,613
up €2,613 (+205.1%), from €1,274 to €3,887
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 | €2,136,949 | €2,363,377 | +€226,428 | +10.6% |
| Fixed assets | 21/28 | €1,906,183 | €2,270,606 | +€364,423 | +19.1% |
| Tangible fixed assets | 22/27 | €1,906,183 | €2,270,606 | +€364,423 | +19.1% |
| Land and buildings | 22 | €1,906,183 | €2,270,606 | +€364,423 | +19.1% |
| Current assets | 29/58 | €230,766 | €92,770 | -€137,996 | -59.8% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | - | €92,663 | +€92,663 | |
| Other amounts receivable | 41 | - | €92,663 | +€92,663 | |
| Cash at bank and in hand | 54/58 | €177,193 | €107 | -€177,086 | -99.9% |
| Deferred charges and accrued income | 490/1 | €53,573 | €0 | -€53,573 | -100.0% |
| Total equity and liabilities | 10/49 | €2,136,949 | €2,363,377 | +€226,428 | +10.6% |
| Equity | 10/15 | €1,966,153 | €2,029,903 | +€63,750 | +3.2% |
| Contributions | 10/11 | €663,358 | €663,358 | = | 0.0% |
| Reserves | 13 | €1,251,973 | €1,318,271 | +€66,298 | +5.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €288,616 | €288,616 | = | 0.0% |
| Distributable reserves | 133 | €963,357 | €1,029,655 | +€66,298 | +6.9% |
| Investment grants | 15 | €50,822 | €48,274 | -€2,548 | -5.0% |
| Amounts payable | 17/49 | €170,796 | €333,474 | +€162,678 | +95.2% |
| Amounts payable within one year | 42/48 | €170,796 | €333,474 | +€162,678 | +95.2% |
| Trade debts | 44 | €2,062 | €50 | -€2,012 | -97.6% |
| Suppliers | 440/4 | €2,062 | €50 | -€2,012 | -97.6% |
| Taxes, remuneration and social security | 45 | €17,964 | €3,183 | -€14,781 | -82.3% |
| Taxes | 450/3 | €17,964 | €3,183 | -€14,781 | -82.3% |
| Other amounts payable | 47/48 | €150,770 | €330,241 | +€179,471 | +119.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €177,426 | €230,998 | +€53,573 | +30.2% |
| Turnover | 70 | €177,426 | €230,998 | +€53,573 | +30.2% |
| Operating charges | 60/66A | €84,647 | €145,619 | +€60,972 | +72.0% |
| Services and other goods | 61 | €17,403 | €8,374 | -€9,029 | -51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,151 | €130,098 | +€63,948 | +96.7% |
| Other operating charges | 640/8 | €1,094 | €7,147 | +€6,053 | +553.6% |
| Operating profit (loss) | 9901 | €92,779 | €85,379 | -€7,400 | -8.0% |
| Financial income | 75/76B | €1,274 | €3,887 | +€2,613 | +205.1% |
| Recurring financial income | 75 | €1,274 | €3,887 | +€2,613 | +205.1% |
| Income from current assets | 751 | - | €1,339 | +€1,339 | |
| Other financial income | 752/9 | €1,274 | €2,548 | +€1,274 | +100.0% |
| Financial charges | 65/66B | €48 | €1,736 | +€1,687 | +3491.7% |
| Recurring financial charges | 65 | €48 | €1,736 | +€1,687 | +3491.7% |
| Debt charges | 650 | €0 | €1,711 | +€1,711 | |
| Other financial charges | 652/9 | €48 | €24 | -€24 | -50.3% |
| Profit (loss) for the period before taxes | 9903 | €94,005 | €87,530 | -€6,474 | -6.9% |
| Income taxes | 67/77 | €23,164 | €21,233 | -€1,931 | -8.3% |
| Taxes | 670/3 | €23,200 | €21,250 | -€1,950 | -8.4% |
| Tax adjustments and reversals of tax provisions | 77 | €36 | €17 | -€19 | -51.7% |
| Profit (loss) for the period | 9904 | €70,841 | €66,298 | -€4,543 | -6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €70,841 | €66,298 | -€4,543 | -6.4% |
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 7 October 2026 via checked.be.