BNML: 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.
BNML
Largest movements
- Receivables after one year -€48,000
down €48,000 (-100%), from €48,000 to €0
- Receivables within one year -€40,624
down €40,624 (-36.8%), from €110,498 to €69,874
of which Trade receivables: -€35,059
- Cash +€12,551
up €12,551 (+694%), from €1,807 to €14,358
mainly Debts after one year (+€116,000) and Receivables after one year (+€48,000)
- Tangible fixed assets +€2,295
new in 2025: €2,295
- Reserves -€190,341
down €190,341 (-95.0%), from €200,308 to €9,967
- Debts after one year +€116,000
new in 2025: €116,000
- Gross operating margin -€14,830
down €14,830 (-49.9%), from €29,742 to €14,912
- Financial charges -€5,485
down €5,485 (-94.0%), from €5,837 to €352
- Taxes -€820
down €820 (-15.9%), from €5,149 to €4,329
- Other operating charges -€765
down €765 (-58.4%), from €1,309 to €544
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 | €220,321 | €146,526 | -€73,795 | -33.5% |
| Fixed assets | 21/28 | €60,000 | €62,295 | +€2,295 | +3.8% |
| Tangible fixed assets | 22/27 | - | €2,295 | +€2,295 | |
| Furniture and vehicles | 24 | - | €2,295 | +€2,295 | |
| Financial fixed assets | 28 | €60,000 | €60,000 | = | 0.0% |
| Current assets | 29/58 | €160,321 | €84,231 | -€76,090 | -47.5% |
| Amounts receivable after more than one year | 29 | €48,000 | €0 | -€48,000 | -100% |
| Other amounts receivable | 291 | €48,000 | €0 | -€48,000 | -100% |
| Amounts receivable within one year | 40/41 | €110,498 | €69,874 | -€40,624 | -36.8% |
| Trade receivables | 40 | €104,261 | €69,202 | -€35,059 | -33.6% |
| Other amounts receivable | 41 | €6,237 | €671 | -€5,566 | -89.2% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,807 | €14,358 | +€12,551 | +694% |
| Deferred charges and accrued income | 490/1 | €16 | €0 | -€16 | -100% |
| Total equity and liabilities | 10/49 | €220,321 | €146,526 | -€73,795 | -33.5% |
| Equity | 10/15 | €203,308 | €12,967 | -€190,341 | -93.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €200,308 | €9,967 | -€190,341 | -95.0% |
| Distributable reserves | 133 | €200,308 | €9,967 | -€190,341 | -95.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €17,013 | €133,559 | +€116,546 | +685% |
| Amounts payable after more than one year | 17 | - | €116,000 | +€116,000 | |
| Financial debts | 170/4 | - | €116,000 | +€116,000 | |
| Amounts payable within one year | 42/48 | €15,533 | €17,559 | +€2,026 | +13.0% |
| Financial debts | 43 | - | €2,113 | +€2,113 | |
| Credit institutions | 430/8 | - | €2,113 | +€2,113 | |
| Trade debts | 44 | €455 | €2,475 | +€2,019 | +443% |
| Suppliers | 440/4 | €455 | €2,475 | +€2,019 | +443% |
| Taxes, remuneration and social security | 45 | €15,078 | €12,962 | -€2,115 | -14.0% |
| Taxes | 450/3 | €15,078 | €12,962 | -€2,115 | -14.0% |
| Other amounts payable | 47/48 | €0 | €9 | +€9 | |
| Accrued charges and deferred income | 492/3 | €1,480 | €0 | -€1,480 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €108 | +€108 | |
| Other operating charges | 640/8 | €1,309 | €544 | -€765 | -58.4% |
| Gross operating margin | 9900 | €29,742 | €14,912 | -€14,830 | -49.9% |
| Operating profit (loss) | 9901 | €28,433 | €14,260 | -€14,173 | -49.8% |
| Financial income | 75/76B | €150 | €387 | +€237 | +158% |
| Recurring financial income | 75 | €150 | €387 | +€237 | +158% |
| Financial charges | 65/66B | €5,837 | €352 | -€5,485 | -94.0% |
| Recurring financial charges | 65 | €5,837 | €352 | -€5,485 | -94.0% |
| Profit (loss) for the period before taxes | 9903 | €22,746 | €14,295 | -€8,451 | -37.2% |
| Income taxes | 67/77 | €5,149 | €4,329 | -€820 | -15.9% |
| Profit (loss) for the period | 9904 | €17,597 | €9,967 | -€7,631 | -43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,597 | €9,967 | -€7,631 | -43.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.