BPM: 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.
BPM
Largest movements
- Tangible fixed assets +€305,738
up €305,738 (+193.0%), from €158,386 to €464,124
- Revaluation surpluses +€300,000
new in 2025: €300,000
- Other debts +€8,000
up €8,000 (+6.3%), from €127,789 to €135,789
- Gross operating margin +€7,370
up €7,370, from -€5,376 to €1,993
- Depreciation +€139
up €139 (+22.2%), from €627 to €766
- Other operating charges +€77
up €77 (+3.1%), from €2,537 to €2,614
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 | €158,452 | €464,934 | +€306,482 | +193.4% |
| Fixed assets | 21/28 | €158,386 | €464,124 | +€305,738 | +193.0% |
| Tangible fixed assets | 22/27 | €158,386 | €464,124 | +€305,738 | +193.0% |
| Land and buildings | 22 | €158,386 | €464,124 | +€305,738 | +193.0% |
| Current assets | 29/58 | €66 | €810 | +€744 | +1123.1% |
| Cash at bank and in hand | 54/58 | €66 | €810 | +€744 | +1123.1% |
| Total equity and liabilities | 10/49 | €158,452 | €464,934 | +€306,482 | +193.4% |
| Equity | 10/15 | €30,532 | €329,145 | +€298,613 | +978.0% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €300,000 | +€300,000 | |
| Profit (loss) carried forward | 14 | -€94,468 | -€95,855 | -€1,387 | -1.5% |
| Amounts payable | 17/49 | €127,920 | €135,789 | +€7,869 | +6.2% |
| Amounts payable within one year | 42/48 | €127,920 | €135,789 | +€7,869 | +6.2% |
| Trade debts | 44 | €131 | - | -€131 | |
| Suppliers | 440/4 | €131 | - | -€131 | |
| Other amounts payable | 47/48 | €127,789 | €135,789 | +€8,000 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €627 | €766 | +€139 | +22.2% |
| Other operating charges | 640/8 | €2,537 | €2,614 | +€77 | +3.1% |
| Gross operating margin | 9900 | -€5,376 | €1,993 | +€7,370 | |
| Operating profit (loss) | 9901 | -€8,540 | -€1,387 | +€7,153 | +83.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,540 | -€1,387 | +€7,153 | +83.8% |
| Profit (loss) for the period | 9904 | -€8,540 | -€1,387 | +€7,153 | +83.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,540 | -€1,387 | +€7,153 | +83.8% |
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 2 October 2026 via checked.be.