BMORE: 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.
BMORE
Largest movements
- Tangible fixed assets -€21,445
down €21,445 (-21.5%), from €99,555 to €78,110
- Debts after one year -€17,384
down €17,384 (-19.2%), from €90,636 to €73,253
- Other debts -€3,803
down €3,803 (-4.8%), from €78,696 to €74,893
- Profit (loss) carried forward -€1,970
down €1,970 (-1.7%), from -€119,129 to -€121,099
- Trade debts +€1,680
up €1,680 (+78.1%), from €2,152 to €3,831
- Gross operating margin +€2,645
up €2,645 (+11.7%), from €22,546 to €25,191
- Depreciation -€1,862
down €1,862 (-8.0%), from €23,307 to €21,445
- Financial charges -€491
down €491 (-13.9%), from €3,528 to €3,037
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 | €100,033 | €79,062 | -€20,971 | -21.0% |
| Fixed assets | 21/28 | €99,555 | €78,110 | -€21,445 | -21.5% |
| Tangible fixed assets | 22/27 | €99,555 | €78,110 | -€21,445 | -21.5% |
| Land and buildings | 22 | €99,555 | €78,110 | -€21,445 | -21.5% |
| Current assets | 29/58 | €478 | €952 | +€474 | +99.2% |
| Amounts receivable within one year | 40/41 | €106 | €95 | -€11 | -10.7% |
| Other amounts receivable | 41 | €106 | €95 | -€11 | -10.7% |
| Cash at bank and in hand | 54/58 | €371 | €857 | +€485 | +130.6% |
| Total equity and liabilities | 10/49 | €100,033 | €79,062 | -€20,971 | -21.0% |
| Equity | 10/15 | -€88,329 | -€90,299 | -€1,970 | -2.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €800 | €800 | = | 0.0% |
| Distributable reserves | 133 | €800 | €800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€119,129 | -€121,099 | -€1,970 | -1.7% |
| Amounts payable | 17/49 | €188,362 | €169,361 | -€19,001 | -10.1% |
| Amounts payable after more than one year | 17 | €90,636 | €73,253 | -€17,384 | -19.2% |
| Financial debts | 170/4 | €90,636 | €73,253 | -€17,384 | -19.2% |
| Amounts payable within one year | 42/48 | €97,726 | €96,108 | -€1,618 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €16,878 | €17,384 | +€506 | +3.0% |
| Trade debts | 44 | €2,152 | €3,831 | +€1,680 | +78.1% |
| Suppliers | 440/4 | €2,152 | €3,831 | +€1,680 | +78.1% |
| Other amounts payable | 47/48 | €78,696 | €74,893 | -€3,803 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,307 | €21,445 | -€1,862 | -8.0% |
| Other operating charges | 640/8 | €2,586 | €2,678 | +€93 | +3.6% |
| Gross operating margin | 9900 | €22,546 | €25,191 | +€2,645 | +11.7% |
| Operating profit (loss) | 9901 | -€3,347 | €1,068 | +€4,414 | |
| Financial charges | 65/66B | €3,528 | €3,037 | -€491 | -13.9% |
| Recurring financial charges | 65 | €3,528 | €3,037 | -€491 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,875 | -€1,970 | +€4,905 | +71.4% |
| Profit (loss) for the period | 9904 | -€6,875 | -€1,970 | +€4,905 | +71.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,875 | -€1,970 | +€4,905 | +71.4% |
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 29 September 2026 via checked.be.