BMTDM: 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.
BMTDM
Largest movements
- Stocks and contracts +€11,277
up €11,277 (+832.7%), from €1,354 to €12,631
- Cash +€7,354
up €7,354 (+89.2%), from €8,246 to €15,600
mainly Trade debts (+€20,142) and Net result for the year (+€19,242)
- Tangible fixed assets -€4,044
down €4,044 (-8.4%), from €48,246 to €44,202
- Receivables within one year +€1,311
up €1,311 (+273.6%), from €479 to €1,790
of which Other amounts receivable: +€1,396
- Intangible fixed assets -€1,000
down €1,000 (-11.5%), from €8,666 to €7,666
- Other debts -€42,430
down €42,430 (-75.7%), from €56,045 to €13,615
- Trade debts +€20,142
up €20,142 (+837.6%), from €2,405 to €22,547
- Reserves +€19,242
up €19,242 (+329.1%), from €5,847 to €25,088
- Tax, wage and social debts +€8,176
up €8,176 (+168.9%), from €4,842 to €13,018
- Debts after one year +€7,000
new in 2025: €7,000
- Staff costs -€12,156
down €12,156 (-100.0%), from €12,156 to €0
- Gross operating margin +€9,800
up €9,800 (+31.6%), from €31,001 to €40,800
- Taxes +€5,526
up €5,526 (+286.1%), from €1,932 to €7,458
- Financial charges +€3,255
up €3,255 (+1744.0%), from €187 to €3,442
- Depreciation -€1,453
down €1,453 (-16.5%), from €8,812 to €7,359
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 | €74,139 | €89,096 | +€14,957 | +20.2% |
| Fixed assets | 21/28 | €63,422 | €58,378 | -€5,044 | -8.0% |
| Intangible fixed assets | 21 | €8,666 | €7,666 | -€1,000 | -11.5% |
| Tangible fixed assets | 22/27 | €48,246 | €44,202 | -€4,044 | -8.4% |
| Plant, machinery and equipment | 23 | €48,246 | €44,202 | -€4,044 | -8.4% |
| Financial fixed assets | 28 | €6,510 | €6,510 | = | 0.0% |
| Current assets | 29/58 | €10,717 | €30,718 | +€20,001 | +186.6% |
| Stocks and contracts in progress | 3 | €1,354 | €12,631 | +€11,277 | +832.7% |
| Stocks | 30/36 | €1,354 | €12,631 | +€11,277 | +832.7% |
| Amounts receivable within one year | 40/41 | €479 | €1,790 | +€1,311 | +273.6% |
| Trade receivables | 40 | €479 | €395 | -€85 | -17.7% |
| Other amounts receivable | 41 | - | €1,396 | +€1,396 | |
| Cash at bank and in hand | 54/58 | €8,246 | €15,600 | +€7,354 | +89.2% |
| Deferred charges and accrued income | 490/1 | €637 | €697 | +€60 | +9.4% |
| Total equity and liabilities | 10/49 | €74,139 | €89,096 | +€14,957 | +20.2% |
| Equity | 10/15 | €10,847 | €30,088 | +€19,242 | +177.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €5,847 | €25,088 | +€19,242 | +329.1% |
| Distributable reserves | 133 | €5,847 | €25,088 | +€19,242 | +329.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | -€0 | -100.0% |
| Amounts payable | 17/49 | €63,292 | €59,008 | -€4,284 | -6.8% |
| Amounts payable after more than one year | 17 | - | €7,000 | +€7,000 | |
| Financial debts | 170/4 | - | €7,000 | +€7,000 | |
| Amounts payable within one year | 42/48 | €63,292 | €49,180 | -€14,111 | -22.3% |
| Trade debts | 44 | €2,405 | €22,547 | +€20,142 | +837.6% |
| Suppliers | 440/4 | €2,405 | €22,547 | +€20,142 | +837.6% |
| Taxes, remuneration and social security | 45 | €4,842 | €13,018 | +€8,176 | +168.9% |
| Taxes | 450/3 | €4,842 | €13,018 | +€8,176 | +168.9% |
| Other amounts payable | 47/48 | €56,045 | €13,615 | -€42,430 | -75.7% |
| Accrued charges and deferred income | 492/3 | - | €2,827 | +€2,827 | |
| Remuneration, social security and pensions | 62 | €12,156 | €0 | -€12,156 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,812 | €7,359 | -€1,453 | -16.5% |
| Other operating charges | 640/8 | €2,079 | €3,385 | +€1,305 | +62.8% |
| Gross operating margin | 9900 | €31,001 | €40,800 | +€9,800 | +31.6% |
| Operating profit (loss) | 9901 | €7,953 | €30,057 | +€22,103 | +277.9% |
| Financial income | 75/76B | €12 | €85 | +€73 | +606.8% |
| Recurring financial income | 75 | €12 | €85 | +€73 | +606.8% |
| Financial charges | 65/66B | €187 | €3,442 | +€3,255 | +1744.0% |
| Recurring financial charges | 65 | €187 | €3,442 | +€3,255 | +1744.0% |
| Profit (loss) for the period before taxes | 9903 | €7,779 | €26,700 | +€18,921 | +243.2% |
| Income taxes | 67/77 | €1,932 | €7,458 | +€5,526 | +286.1% |
| Profit (loss) for the period | 9904 | €5,847 | €19,242 | +€13,395 | +229.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,847 | €19,242 | +€13,395 | +229.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.