BMLW: 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.
BMLW
Largest movements
- Receivables within one year +€142,403
up €142,403 (+1104.7%), from €12,890 to €155,293
of which Other amounts receivable: +€145,174
- Current investments -€75,000
down €75,000 (-50.0%), from €150,000 to €75,000
- Cash -€29,954
down €29,954 (-69.4%), from €43,178 to €13,223
mainly Receivables within one year (-€142,403) and Tax, wage and social debts (-€28,098)
- Reserves +€93,000
up €93,000 (+68.4%), from €136,000 to €229,000
- Tax, wage and social debts -€28,098
down €28,098 (-69.6%), from €40,355 to €12,258
of which Taxes: -€29,098
- Trade debts -€19,480
down €19,480 (-86.0%), from €22,647 to €3,166
- Other debts -€8,724
down €8,724 (-77.7%), from €11,224 to €2,500
- Gross operating margin +€14,433
up €14,433 (+11.9%), from €121,173 to €135,606
- Taxes +€3,199
up €3,199 (+9.4%), from €34,052 to €37,251
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 | €220,602 | €257,846 | +€37,244 | +16.9% |
| Fixed assets | 21/28 | €14,535 | €14,330 | -€205 | -1.4% |
| Tangible fixed assets | 22/27 | €14,535 | €14,330 | -€205 | -1.4% |
| Plant, machinery and equipment | 23 | - | €5,380 | +€5,380 | |
| Furniture and vehicles | 24 | €14,535 | €8,950 | -€5,585 | -38.4% |
| Current assets | 29/58 | €206,068 | €243,516 | +€37,449 | +18.2% |
| Amounts receivable within one year | 40/41 | €12,890 | €155,293 | +€142,403 | +1104.7% |
| Trade receivables | 40 | €10,931 | €8,160 | -€2,771 | -25.3% |
| Other amounts receivable | 41 | €1,960 | €147,133 | +€145,174 | +7408.2% |
| Current investments | 50/53 | €150,000 | €75,000 | -€75,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €43,178 | €13,223 | -€29,954 | -69.4% |
| Total equity and liabilities | 10/49 | €220,602 | €257,846 | +€37,244 | +16.9% |
| Equity | 10/15 | €146,376 | €239,922 | +€93,546 | +63.9% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €136,000 | €229,000 | +€93,000 | +68.4% |
| Distributable reserves | 133 | €136,000 | €229,000 | +€93,000 | +68.4% |
| Profit (loss) carried forward | 14 | €2,876 | €3,422 | +€546 | +19.0% |
| Amounts payable | 17/49 | €74,226 | €17,924 | -€56,302 | -75.9% |
| Amounts payable within one year | 42/48 | €74,226 | €17,924 | -€56,302 | -75.9% |
| Trade debts | 44 | €22,647 | €3,166 | -€19,480 | -86.0% |
| Suppliers | 440/4 | €22,647 | €3,166 | -€19,480 | -86.0% |
| Taxes, remuneration and social security | 45 | €40,355 | €12,258 | -€28,098 | -69.6% |
| Taxes | 450/3 | €38,627 | €9,529 | -€29,098 | -75.3% |
| Remuneration and social security | 454/9 | €1,729 | €2,729 | +€1,000 | +57.9% |
| Other amounts payable | 47/48 | €11,224 | €2,500 | -€8,724 | -77.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,585 | €6,764 | +€1,179 | +21.1% |
| Other operating charges | 640/8 | €212 | €599 | +€387 | +182.7% |
| Gross operating margin | 9900 | €121,173 | €135,606 | +€14,433 | +11.9% |
| Operating profit (loss) | 9901 | €115,376 | €128,243 | +€12,867 | +11.2% |
| Financial income | 75/76B | €2,547 | €2,600 | +€53 | +2.1% |
| Recurring financial income | 75 | €2,547 | €2,600 | +€53 | +2.1% |
| Financial charges | 65/66B | €48 | €47 | -€1 | -3.1% |
| Recurring financial charges | 65 | €48 | €47 | -€1 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €117,875 | €130,796 | +€12,922 | +11.0% |
| Income taxes | 67/77 | €34,052 | €37,251 | +€3,199 | +9.4% |
| Profit (loss) for the period | 9904 | €83,823 | €93,546 | +€9,723 | +11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €83,823 | €93,546 | +€9,723 | +11.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.