BMVK: 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.
BMVK
Largest movements
- Current investments -€70,328
down €70,328 (-13.5%), from €519,953 to €449,624
- Reserves +€572,587
up €572,587 (+59.6%), from €960,315 to €1.5m
- Profit (loss) carried forward -€471,387
down €471,387 (-100.0%), from €471,387 to €0
- Other debts -€162,632
down €162,632 (-100.0%), from €162,632 to €0
- Financial income +€98,656
up €98,656 (+860.7%), from €11,462 to €110,118
- Taxes +€19,028
up €19,028 (+194.4%), from €9,789 to €28,817
- Gross operating margin -€6,259
down €6,259 (-12.1%), from €51,621 to €45,363
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 | €1,624,500 | €1,563,425 | -€61,075 | -3.8% |
| Fixed assets | 21/28 | €1,036,275 | €1,027,515 | -€8,760 | -0.8% |
| Tangible fixed assets | 22/27 | €1,036,275 | €1,027,515 | -€8,760 | -0.8% |
| Land and buildings | 22 | €1,036,275 | €1,027,515 | -€8,760 | -0.8% |
| Current assets | 29/58 | €588,225 | €535,910 | -€52,315 | -8.9% |
| Amounts receivable within one year | 40/41 | - | €13,414 | +€13,414 | |
| Trade receivables | 40 | - | €8,692 | +€8,692 | |
| Other amounts receivable | 41 | - | €4,722 | +€4,722 | |
| Current investments | 50/53 | €519,953 | €449,624 | -€70,328 | -13.5% |
| Cash at bank and in hand | 54/58 | €38,345 | €53,182 | +€14,836 | +38.7% |
| Deferred charges and accrued income | 490/1 | €29,927 | €19,690 | -€10,237 | -34.2% |
| Total equity and liabilities | 10/49 | €1,624,500 | €1,563,425 | -€61,075 | -3.8% |
| Equity | 10/15 | €1,456,615 | €1,557,815 | +€101,200 | +6.9% |
| Contributions | 10/11 | €24,913 | €24,913 | = | 0.0% |
| Reserves | 13 | €960,315 | €1,532,903 | +€572,587 | +59.6% |
| Distributable reserves | 133 | €960,315 | €1,532,903 | +€572,587 | +59.6% |
| Profit (loss) carried forward | 14 | €471,387 | €0 | -€471,387 | -100.0% |
| Amounts payable | 17/49 | €167,885 | €5,610 | -€162,275 | -96.7% |
| Amounts payable within one year | 42/48 | €167,885 | €5,610 | -€162,275 | -96.7% |
| Trade debts | 44 | - | €820 | +€820 | |
| Suppliers | 440/4 | - | €820 | +€820 | |
| Taxes, remuneration and social security | 45 | €5,253 | €4,789 | -€464 | -8.8% |
| Taxes | 450/3 | €5,253 | €4,789 | -€464 | -8.8% |
| Other amounts payable | 47/48 | €162,632 | €0 | -€162,632 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,760 | €8,760 | = | 0.0% |
| Other operating charges | 640/8 | €16,154 | €16,659 | +€505 | +3.1% |
| Gross operating margin | 9900 | €51,621 | €45,363 | -€6,259 | -12.1% |
| Operating profit (loss) | 9901 | €26,707 | €19,944 | -€6,763 | -25.3% |
| Financial income | 75/76B | €11,462 | €110,118 | +€98,656 | +860.7% |
| Recurring financial income | 75 | €11,462 | €110,118 | +€98,656 | +860.7% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €38,125 | €130,017 | +€91,892 | +241.0% |
| Income taxes | 67/77 | €9,789 | €28,817 | +€19,028 | +194.4% |
| Profit (loss) for the period | 9904 | €28,336 | €101,200 | +€72,864 | +257.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,336 | €101,200 | +€72,864 | +257.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.