BMRF Consult: 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.
BMRF Consult
Largest movements
- Tangible fixed assets +€3,512
up €3,512 (+34.6%), from €10,159 to €13,670
- Cash -€897
down €897 (-2.1%), from €42,865 to €41,969
mainly Investment in fixed assets (net) (-€12,038) and Tax, wage and social debts (-€8,707)
- Profit (loss) carried forward +€11,584
up €11,584 (+100.9%), from €11,478 to €23,062
- Tax, wage and social debts -€8,707
down €8,707 (-55.5%), from €15,691 to €6,984
- Gross operating margin +€4,073
up €4,073 (+16.4%), from €24,854 to €28,926
- Taxes +€3,308
up €3,308 (+70.1%), from €4,718 to €8,026
- Depreciation +€554
up €554 (+6.9%), from €7,972 to €8,526
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 | €61,010 | €63,686 | +€2,676 | +4.4% |
| Fixed assets | 21/28 | €10,159 | €13,670 | +€3,512 | +34.6% |
| Tangible fixed assets | 22/27 | €10,159 | €13,670 | +€3,512 | +34.6% |
| Furniture and vehicles | 24 | €10,159 | €13,670 | +€3,512 | +34.6% |
| Current assets | 29/58 | €50,852 | €50,016 | -€836 | -1.6% |
| Amounts receivable within one year | 40/41 | €7,260 | €7,260 | = | 0.0% |
| Trade receivables | 40 | €7,260 | €7,260 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €42,865 | €41,969 | -€897 | -2.1% |
| Deferred charges and accrued income | 490/1 | €726 | €787 | +€61 | +8.4% |
| Total equity and liabilities | 10/49 | €61,010 | €63,686 | +€2,676 | +4.4% |
| Equity | 10/15 | €33,718 | €45,302 | +€11,584 | +34.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €19,240 | €19,240 | = | 0.0% |
| Distributable reserves | 133 | €19,240 | €19,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,478 | €23,062 | +€11,584 | +100.9% |
| Amounts payable | 17/49 | €27,293 | €18,385 | -€8,908 | -32.6% |
| Amounts payable within one year | 42/48 | €27,293 | €18,385 | -€8,908 | -32.6% |
| Trade debts | 44 | €281 | €312 | +€31 | +11.1% |
| Suppliers | 440/4 | €281 | €312 | +€31 | +11.1% |
| Taxes, remuneration and social security | 45 | €15,691 | €6,984 | -€8,707 | -55.5% |
| Taxes | 450/3 | €15,691 | €6,984 | -€8,707 | -55.5% |
| Other amounts payable | 47/48 | €11,321 | €11,089 | -€232 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,972 | €8,526 | +€554 | +6.9% |
| Other operating charges | 640/8 | €621 | €640 | +€19 | +3.1% |
| Gross operating margin | 9900 | €24,854 | €28,926 | +€4,073 | +16.4% |
| Operating profit (loss) | 9901 | €16,261 | €19,760 | +€3,500 | +21.5% |
| Financial charges | 65/66B | €75 | €150 | +€75 | +100.0% |
| Recurring financial charges | 65 | €75 | €150 | +€75 | +100.0% |
| Profit (loss) for the period before taxes | 9903 | €16,186 | €19,610 | +€3,425 | +21.2% |
| Income taxes | 67/77 | €4,718 | €8,026 | +€3,308 | +70.1% |
| Profit (loss) for the period | 9904 | €11,468 | €11,584 | +€116 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,468 | €11,584 | +€116 | +1.0% |
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.