BMT BELGIUM: 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.
BMT BELGIUM
Largest movements
- Receivables within one year +€31,299
up €31,299 (+5.2%), from €598,998 to €630,297
of which Trade receivables: +€27,805
- Reserves -€121,884
down €121,884 (-10.7%), from €1.1m to €1.0m
of which Distributable reserves: -€121,884
- Contributions +€110,000
up €110,000 (+98.2%), from €112,000 to €222,000
- Tax, wage and social debts +€36,253
up €36,253 (+17.2%), from €210,419 to €246,673
of which Remuneration and social security: +€36,456
- Trade debts +€30,573
up €30,573 (+35.5%), from €86,133 to €116,706
- Turnover +€206,745
up €206,745 (+13.1%), from €1.6m to €1.8m
- Staff costs +€201,089
up €201,089 (+16.7%), from €1.2m to €1.4m
- Gross operating margin +€140,993
up €140,993 (+12.2%), from €1.2m to €1.3m
- Purchases and services +€66,187
up €66,187 (+12.8%), from €517,525 to €583,712
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.
Derived cash bridge
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 | €1,642,679 | €1,693,644 | +€50,965 | +3.1% |
| Fixed assets | 21/28 | €148,403 | €155,374 | +€6,971 | +4.7% |
| Intangible fixed assets | 21 | €260 | - | -€260 | |
| Tangible fixed assets | 22/27 | €148,032 | €155,262 | +€7,231 | +4.9% |
| Land and buildings | 22 | €114,081 | €116,499 | +€2,418 | +2.1% |
| Plant, machinery and equipment | 23 | €24,309 | €24,449 | +€140 | +0.6% |
| Furniture and vehicles | 24 | €9,641 | €14,314 | +€4,673 | +48.5% |
| Financial fixed assets | 28 | €112 | €112 | = | 0.0% |
| Current assets | 29/58 | €1,494,276 | €1,538,270 | +€43,994 | +2.9% |
| Stocks and contracts in progress | 3 | €369,479 | €353,971 | -€15,508 | -4.2% |
| Contracts in progress | 37 | €369,479 | €353,971 | -€15,508 | -4.2% |
| Amounts receivable within one year | 40/41 | €598,998 | €630,297 | +€31,299 | +5.2% |
| Trade receivables | 40 | €596,173 | €623,978 | +€27,805 | +4.7% |
| Other amounts receivable | 41 | €2,825 | €6,320 | +€3,495 | +124% |
| Cash at bank and in hand | 54/58 | €506,242 | €520,434 | +€14,192 | +2.8% |
| Deferred charges and accrued income | 490/1 | €19,556 | €33,567 | +€14,011 | +71.6% |
| Total equity and liabilities | 10/49 | €1,642,679 | €1,693,644 | +€50,965 | +3.1% |
| Equity | 10/15 | €1,256,180 | €1,244,296 | -€11,884 | -0.9% |
| Contributions | 10/11 | €112,000 | €222,000 | +€110,000 | +98.2% |
| Capital | 10 | €112,000 | €222,000 | +€110,000 | +98.2% |
| Issued capital | 100 | €112,000 | €222,000 | +€110,000 | +98.2% |
| Reserves | 13 | €1,144,180 | €1,022,296 | -€121,884 | -10.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €23,766 | €23,766 | = | 0.0% |
| Distributable reserves | 133 | €1,114,214 | €992,330 | -€121,884 | -10.9% |
| Provisions and deferred taxes | 16 | €89,948 | €85,970 | -€3,978 | -4.4% |
| Provisions for liabilities and charges | 160/5 | €89,948 | €85,970 | -€3,978 | -4.4% |
| Other liabilities and charges | 164/5 | €89,948 | €85,970 | -€3,978 | -4.4% |
| Amounts payable | 17/49 | €296,552 | €363,378 | +€66,826 | +22.5% |
| Amounts payable within one year | 42/48 | €296,552 | €363,378 | +€66,826 | +22.5% |
| Trade debts | 44 | €86,133 | €116,706 | +€30,573 | +35.5% |
| Suppliers | 440/4 | €86,133 | €116,706 | +€30,573 | +35.5% |
| Taxes, remuneration and social security | 45 | €210,419 | €246,673 | +€36,253 | +17.2% |
| Taxes | 450/3 | €17,515 | €17,313 | -€202 | -1.2% |
| Remuneration and social security | 454/9 | €192,904 | €229,360 | +€36,456 | +18.9% |
| Turnover | 70 | €1,575,913 | €1,782,658 | +€206,745 | +13.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €517,525 | €583,712 | +€66,187 | +12.8% |
| Remuneration, social security and pensions | 62 | €1,200,911 | €1,402,000 | +€201,089 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,365 | €15,720 | -€1,646 | -9.5% |
| Other operating charges | 640/8 | €1,268 | - | -€1,268 | |
| Gross operating margin | 9900 | €1,151,228 | €1,292,221 | +€140,993 | +12.2% |
| Operating profit (loss) | 9901 | -€68,316 | -€125,499 | -€57,183 | -83.7% |
| Financial income | 75/76B | €5,400 | €5,941 | +€541 | +10.0% |
| Recurring financial income | 75 | €5,400 | €5,941 | +€541 | +10.0% |
| Financial charges | 65/66B | €2,315 | €689 | -€1,626 | -70.2% |
| Recurring financial charges | 65 | €2,315 | €689 | -€1,626 | -70.2% |
| Profit (loss) for the period before taxes | 9903 | -€65,232 | -€120,247 | -€55,015 | -84.3% |
| Income taxes | 67/77 | €1,942 | €1,637 | -€306 | -15.7% |
| Profit (loss) for the period | 9904 | -€67,174 | -€121,884 | -€54,710 | -81.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€67,174 | -€121,884 | -€54,710 | -81.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.