BMS: what changed
Two financial 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.
BMS
Largest movements
- Receivables within one year +€83,177
up €83,177 (+92.0%), from €90,421 to €173,598
of which Trade receivables: +€90,720
- Tangible fixed assets +€79,506
up €79,506 (+49.9%), from €159,479 to €238,985
of which Furniture and vehicles: +€79,506
- Financial fixed assets +€10,000
up €10,000 (+1000.0%), from €1,000 to €11,000
- Deferred charges and accrued income +€4,316
new in 2025: €4,316
- Profit (loss) carried forward +€98,721
up €98,721 (+51.6%), from €191,499 to €290,220
- Debts after one year +€38,631
new in 2025: €38,631
- Trade debts +€36,979
up €36,979 (+205.7%), from €17,980 to €54,959
- Other debts -€31,874
down €31,874 (-72.5%), from €43,957 to €12,084
- Tax, wage and social debts +€20,472
up €20,472 (+452925.2%), from €5 to €20,477
- Depreciation +€55,469
up €55,469 (+391.3%), from €14,174 to €69,643
- Taxes +€47,056
new in 2025: €47,056
- Gross operating margin +€16,027
up €16,027 (+7.4%), from €216,500 to €232,528
- Other operating charges +€4,499
up €4,499 (+134.8%), from €3,338 to €7,838
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 | €253,441 | €430,762 | +€177,321 | +70.0% |
| Fixed assets | 21/28 | €160,479 | €249,985 | +€89,506 | +55.8% |
| Tangible fixed assets | 22/27 | €159,479 | €238,985 | +€79,506 | +49.9% |
| Furniture and vehicles | 24 | €154,683 | €234,189 | +€79,506 | +51.4% |
| Other tangible fixed assets | 26 | €4,796 | €4,796 | = | 0.0% |
| Financial fixed assets | 28 | €1,000 | €11,000 | +€10,000 | +1000.0% |
| Current assets | 29/58 | €92,962 | €180,777 | +€87,815 | +94.5% |
| Amounts receivable within one year | 40/41 | €90,421 | €173,598 | +€83,177 | +92.0% |
| Trade receivables | 40 | €82,878 | €173,598 | +€90,720 | +109.5% |
| Other amounts receivable | 41 | €7,543 | - | -€7,543 | |
| Cash at bank and in hand | 54/58 | €2,541 | €2,863 | +€322 | +12.7% |
| Deferred charges and accrued income | 490/1 | - | €4,316 | +€4,316 | |
| Total equity and liabilities | 10/49 | €253,441 | €430,762 | +€177,321 | +70.0% |
| Equity | 10/15 | €191,499 | €290,220 | +€98,721 | +51.6% |
| Profit (loss) carried forward | 14 | €191,499 | €290,220 | +€98,721 | +51.6% |
| Amounts payable | 17/49 | €61,942 | €140,542 | +€78,600 | +126.9% |
| Amounts payable after more than one year | 17 | - | €38,631 | +€38,631 | |
| Financial debts | 170/4 | - | €38,631 | +€38,631 | |
| Amounts payable within one year | 42/48 | €61,942 | €101,912 | +€39,969 | +64.5% |
| Current portion of amounts payable after more than one year | 42 | - | €14,392 | +€14,392 | |
| Trade debts | 44 | €17,980 | €54,959 | +€36,979 | +205.7% |
| Suppliers | 440/4 | €17,980 | €54,959 | +€36,979 | +205.7% |
| Taxes, remuneration and social security | 45 | €5 | €20,477 | +€20,472 | +452925.2% |
| Taxes | 450/3 | €5 | €20,477 | +€20,472 | +452925.2% |
| Other amounts payable | 47/48 | €43,957 | €12,084 | -€31,874 | -72.5% |
| Remuneration, social security and pensions | 62 | €6,949 | €7,775 | +€826 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,174 | €69,643 | +€55,469 | +391.3% |
| Other operating charges | 640/8 | €3,338 | €7,838 | +€4,499 | +134.8% |
| Gross operating margin | 9900 | €216,500 | €232,528 | +€16,027 | +7.4% |
| Operating profit (loss) | 9901 | €192,039 | €147,273 | -€44,766 | -23.3% |
| Financial charges | 65/66B | €540 | €1,496 | +€955 | +176.9% |
| Recurring financial charges | 65 | €540 | €1,496 | +€955 | +176.9% |
| Profit (loss) for the period before taxes | 9903 | €191,499 | €145,777 | -€45,722 | -23.9% |
| Income taxes | 67/77 | - | €47,056 | +€47,056 | |
| Profit (loss) for the period | 9904 | €191,499 | €98,721 | -€92,778 | -48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €191,499 | €98,721 | -€92,778 | -48.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.