BPMO: 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.
BPMO
Largest movements
- Cash +€15,888
up €15,888 (+84.6%), from €18,772 to €34,660
mainly Net result for the year (+€42,185) and Tax, wage and social debts (+€15,200)
- Tangible fixed assets +€7,676
up €7,676 (+36.6%), from €20,979 to €28,655
of which Other tangible fixed assets: +€7,026
- Intangible fixed assets -€4,600
down €4,600 (-29.3%), from €15,717 to €11,117
- Receivables within one year +€4,294
up €4,294 (+3.5%), from €121,401 to €125,695
of which Trade receivables: +€4,294
- Stocks and contracts -€2,735
down €2,735 (-9.1%), from €30,093 to €27,358
- Profit (loss) carried forward +€42,185
up €42,185 (+61.1%), from €69,049 to €111,235
- Trade debts -€35,117
down €35,117 (-41.8%), from €84,088 to €48,971
of which Suppliers: -€35,117
- Tax, wage and social debts +€15,200
up €15,200 (+46.0%), from €33,011 to €48,211
of which Taxes: +€11,983
- Gross operating margin +€123,963
up €123,963 (+110.1%), from €112,619 to €236,581
- Staff costs +€71,721
up €71,721 (+71.7%), from €100,043 to €171,764
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 | €207,147 | €228,850 | +€21,703 | +10.5% |
| Fixed assets | 21/28 | €36,696 | €39,772 | +€3,076 | +8.4% |
| Intangible fixed assets | 21 | €15,717 | €11,117 | -€4,600 | -29.3% |
| Tangible fixed assets | 22/27 | €20,979 | €28,655 | +€7,676 | +36.6% |
| Furniture and vehicles | 24 | €1,190 | €1,840 | +€650 | +54.7% |
| Other tangible fixed assets | 26 | €19,789 | €26,815 | +€7,026 | +35.5% |
| Current assets | 29/58 | €170,451 | €189,078 | +€18,627 | +10.9% |
| Stocks and contracts in progress | 3 | €30,093 | €27,358 | -€2,735 | -9.1% |
| Stocks | 30/36 | €30,093 | €27,358 | -€2,735 | -9.1% |
| Amounts receivable within one year | 40/41 | €121,401 | €125,695 | +€4,294 | +3.5% |
| Trade receivables | 40 | €16,227 | €20,521 | +€4,294 | +26.5% |
| Other amounts receivable | 41 | €105,173 | €105,173 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €18,772 | €34,660 | +€15,888 | +84.6% |
| Deferred charges and accrued income | 490/1 | €185 | €1,365 | +€1,180 | +636.8% |
| Total equity and liabilities | 10/49 | €207,147 | €228,850 | +€21,703 | +10.5% |
| Equity | 10/15 | €87,649 | €129,835 | +€42,185 | +48.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,049 | €111,235 | +€42,185 | +61.1% |
| Amounts payable | 17/49 | €119,498 | €99,015 | -€20,482 | -17.1% |
| Amounts payable within one year | 42/48 | €117,535 | €97,822 | -€19,713 | -16.8% |
| Trade debts | 44 | €84,088 | €48,971 | -€35,117 | -41.8% |
| Suppliers | 440/4 | €84,088 | €48,971 | -€35,117 | -41.8% |
| Bills of exchange payable | 441 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €33,011 | €48,211 | +€15,200 | +46.0% |
| Taxes | 450/3 | €18,418 | €30,401 | +€11,983 | +65.1% |
| Remuneration and social security | 454/9 | €14,593 | €17,811 | +€3,218 | +22.0% |
| Other amounts payable | 47/48 | €436 | €640 | +€204 | +46.8% |
| Accrued charges and deferred income | 492/3 | €1,963 | €1,194 | -€769 | -39.2% |
| Remuneration, social security and pensions | 62 | €100,043 | €171,764 | +€71,721 | +71.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,118 | €11,037 | +€919 | +9.1% |
| Other operating charges | 640/8 | €8,022 | €6,591 | -€1,432 | -17.8% |
| Gross operating margin | 9900 | €112,619 | €236,581 | +€123,963 | +110.1% |
| Operating profit (loss) | 9901 | -€5,564 | €47,191 | +€52,755 | |
| Financial income | 75/76B | €103 | €820 | +€718 | +699.8% |
| Recurring financial income | 75 | €103 | €820 | +€718 | +699.8% |
| Financial charges | 65/66B | €4,346 | €5,826 | +€1,480 | +34.0% |
| Recurring financial charges | 65 | €4,346 | €5,826 | +€1,480 | +34.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,808 | €42,185 | +€51,994 | |
| Profit (loss) for the period | 9904 | -€9,808 | €42,185 | +€51,994 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,808 | €42,185 | +€51,994 |
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 29 September 2026 via checked.be.