BMT E.: 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.
BMT E.
Largest movements
- Receivables within one year -€594,005
down €594,005 (-33.1%), from €1.8m to €1.2m
of which Trade receivables: -€344,005
- Cash +€216,537
up €216,537 (+219.8%), from €98,521 to €315,059
mainly Receivables within one year (+€594,005) and Tax, wage and social debts (+€58,666)
- Deferred charges and accrued income +€47,768
up €47,768 (+408.7%), from €11,687 to €59,455
- Trade debts -€405,387
down €405,387 (-67.4%), from €601,170 to €195,784
- Tax, wage and social debts +€58,666
up €58,666 (+19.3%), from €303,904 to €362,570
of which Taxes: +€43,442
- Gross operating margin +€403,367
up €403,367 (+34.9%), from €1.2m to €1.6m
- Staff costs +€119,884
up €119,884 (+8.3%), from €1.4m to €1.6m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,928,153 | €1,590,654 | -€337,499 | -17.5% |
| Fixed assets | 21/28 | €24,242 | €16,443 | -€7,799 | -32.2% |
| Tangible fixed assets | 22/27 | €24,242 | €16,443 | -€7,799 | -32.2% |
| Furniture and vehicles | 24 | €24,242 | €16,443 | -€7,799 | -32.2% |
| Current assets | 29/58 | €1,903,911 | €1,574,211 | -€329,700 | -17.3% |
| Amounts receivable within one year | 40/41 | €1,793,702 | €1,199,697 | -€594,005 | -33.1% |
| Trade receivables | 40 | €1,043,702 | €699,697 | -€344,005 | -33.0% |
| Other amounts receivable | 41 | €750,000 | €500,000 | -€250,000 | -33.3% |
| Cash at bank and in hand | 54/58 | €98,521 | €315,059 | +€216,537 | +219.8% |
| Deferred charges and accrued income | 490/1 | €11,687 | €59,455 | +€47,768 | +408.7% |
| Total equity and liabilities | 10/49 | €1,928,153 | €1,590,654 | -€337,499 | -17.5% |
| Equity | 10/15 | €1,023,078 | €1,032,300 | +€9,221 | +0.9% |
| Contributions | 10/11 | €267,751 | €267,751 | = | 0.0% |
| Capital | 10 | €267,751 | €267,751 | = | 0.0% |
| Issued capital | 100 | €267,751 | €267,751 | = | 0.0% |
| Reserves | 13 | €286,599 | €286,599 | = | 0.0% |
| Non-distributable reserves | 130/1 | €286,599 | €286,599 | = | 0.0% |
| Legal reserve | 130 | €286,599 | €286,599 | = | 0.0% |
| Profit (loss) carried forward | 14 | €468,728 | €477,950 | +€9,221 | +2.0% |
| Amounts payable | 17/49 | €905,074 | €558,354 | -€346,720 | -38.3% |
| Amounts payable within one year | 42/48 | €905,074 | €558,354 | -€346,720 | -38.3% |
| Trade debts | 44 | €601,170 | €195,784 | -€405,387 | -67.4% |
| Suppliers | 440/4 | €601,170 | €195,784 | -€405,387 | -67.4% |
| Taxes, remuneration and social security | 45 | €303,904 | €362,570 | +€58,666 | +19.3% |
| Taxes | 450/3 | €70,277 | €113,719 | +€43,442 | +61.8% |
| Remuneration and social security | 454/9 | €233,626 | €248,851 | +€15,225 | +6.5% |
| Non-recurring operating income | 76A | €31,370 | €77,287 | +€45,917 | +146.4% |
| Remuneration, social security and pensions | 62 | €1,438,459 | €1,558,343 | +€119,884 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,100 | €10,247 | +€2,147 | +26.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,014 | - | -€3,014 | |
| Other operating charges | 640/8 | €28,943 | €16,323 | -€12,620 | -43.6% |
| Non-recurring operating charges | 66A | - | €154 | +€154 | |
| Gross operating margin | 9900 | €1,156,296 | €1,559,663 | +€403,367 | +34.9% |
| Operating profit (loss) | 9901 | -€322,221 | -€25,406 | +€296,815 | +92.1% |
| Financial income | 75/76B | €26,558 | €35,611 | +€9,053 | +34.1% |
| Recurring financial income | 75 | €26,558 | €35,611 | +€9,053 | +34.1% |
| Financial charges | 65/66B | €1,606 | €984 | -€622 | -38.7% |
| Recurring financial charges | 65 | €1,606 | €984 | -€622 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | -€297,269 | €9,221 | +€306,490 | |
| Income taxes | 67/77 | €1,666 | €0 | -€1,666 | -100.0% |
| Profit (loss) for the period | 9904 | -€298,935 | €9,221 | +€308,157 | |
| Profit (loss) for the period to be appropriated | 9905 | -€298,935 | €9,221 | +€308,157 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.