BMTC: 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.
BMTC
Largest movements
- Receivables within one year -€83,738
down €83,738 (-77.7%), from €107,756 to €24,018
of which Trade receivables: -€86,800
- Cash +€11,137
up €11,137 (+1241.0%), from €897 to €12,034
mainly Receivables within one year (+€83,738) and Depreciation (+€812)
- Stocks and contracts +€1,300
up €1,300 (+52.0%), from €2,500 to €3,800
- Other debts -€49,680
down €49,680 (-76.3%), from €65,087 to €15,408
- Tax, wage and social debts -€8,859
down €8,859 (-99.2%), from €8,931 to €72
- Profit (loss) carried forward -€7,025
down €7,025 (-45.2%), from -€15,552 to -€22,577
- Accrued charges and deferred income -€3,750
down €3,750 (-25.4%), from €14,748 to €10,998
- Trade debts -€1,444
down €1,444 (-6.7%), from €21,677 to €20,233
- Gross operating margin -€47,623
down €47,623 (-81.8%), from €58,200 to €10,578
- Taxes +€15,248
new in 2024: €15,248
- Depreciation -€3,014
down €3,014 (-78.8%), from €3,826 to €812
- Financial charges -€1,792
down €1,792 (-62.0%), from €2,888 to €1,096
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 | €113,491 | €42,733 | -€70,758 | -62.3% |
| Fixed assets | 21/28 | €2,337 | €2,881 | +€543 | +23.3% |
| Tangible fixed assets | 22/27 | €2,337 | €2,881 | +€543 | +23.3% |
| Plant, machinery and equipment | 23 | €2,166 | €1,496 | -€670 | -30.9% |
| Furniture and vehicles | 24 | €172 | €1,385 | +€1,213 | +706.7% |
| Current assets | 29/58 | €111,153 | €39,852 | -€71,301 | -64.1% |
| Stocks and contracts in progress | 3 | €2,500 | €3,800 | +€1,300 | +52.0% |
| Stocks | 30/36 | €2,500 | €3,800 | +€1,300 | +52.0% |
| Amounts receivable within one year | 40/41 | €107,756 | €24,018 | -€83,738 | -77.7% |
| Trade receivables | 40 | €107,756 | €20,956 | -€86,800 | -80.6% |
| Other amounts receivable | 41 | - | €3,062 | +€3,062 | |
| Cash at bank and in hand | 54/58 | €897 | €12,034 | +€11,137 | +1241.0% |
| Total equity and liabilities | 10/49 | €113,491 | €42,733 | -€70,758 | -62.3% |
| Equity | 10/15 | €3,048 | -€3,977 | -€7,025 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,552 | -€22,577 | -€7,025 | -45.2% |
| Amounts payable | 17/49 | €110,443 | €46,710 | -€63,733 | -57.7% |
| Amounts payable within one year | 42/48 | €95,695 | €35,712 | -€59,983 | -62.7% |
| Trade debts | 44 | €21,677 | €20,233 | -€1,444 | -6.7% |
| Suppliers | 440/4 | €21,677 | €20,233 | -€1,444 | -6.7% |
| Taxes, remuneration and social security | 45 | €8,931 | €72 | -€8,859 | -99.2% |
| Taxes | 450/3 | €8,931 | €72 | -€8,859 | -99.2% |
| Other amounts payable | 47/48 | €65,087 | €15,408 | -€49,680 | -76.3% |
| Accrued charges and deferred income | 492/3 | €14,748 | €10,998 | -€3,750 | -25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,826 | €812 | -€3,014 | -78.8% |
| Other operating charges | 640/8 | €410 | €446 | +€37 | +9.0% |
| Gross operating margin | 9900 | €58,200 | €10,578 | -€47,623 | -81.8% |
| Operating profit (loss) | 9901 | €53,965 | €9,319 | -€44,646 | -82.7% |
| Financial charges | 65/66B | €2,888 | €1,096 | -€1,792 | -62.0% |
| Recurring financial charges | 65 | €2,888 | €1,096 | -€1,792 | -62.0% |
| Profit (loss) for the period before taxes | 9903 | €51,077 | €8,223 | -€42,854 | -83.9% |
| Income taxes | 67/77 | - | €15,248 | +€15,248 | |
| Profit (loss) for the period | 9904 | €51,077 | -€7,025 | -€58,102 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,077 | -€7,025 | -€58,102 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.