BSMed: 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.
BSMed
Largest movements
- Tangible fixed assets +€5,690
up €5,690 (+2.2%), from €254,299 to €259,989
- Other debts +€10,500
up €10,500 (+4.1%), from €253,812 to €264,312
- Profit (loss) carried forward -€5,314
down €5,314 (-14.0%), from -€37,976 to -€43,290
- Depreciation -€4,773
down €4,773 (-65.8%), from €7,252 to €2,479
- Other operating charges +€415
up €415 (+104.9%), from €396 to €811
- Gross operating margin -€77
down €77 (-4.2%), from -€1,847 to -€1,924
- Financial charges +€51
up €51 (+104.8%), from €49 to €99
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 | €254,836 | €260,022 | +€5,186 | +2.0% |
| Fixed assets | 21/28 | €254,299 | €259,989 | +€5,690 | +2.2% |
| Tangible fixed assets | 22/27 | €254,299 | €259,989 | +€5,690 | +2.2% |
| Land and buildings | 22 | €254,299 | €259,989 | +€5,690 | +2.2% |
| Current assets | 29/58 | €537 | €33 | -€504 | -93.8% |
| Cash at bank and in hand | 54/58 | €537 | €33 | -€504 | -93.8% |
| Total equity and liabilities | 10/49 | €254,836 | €260,022 | +€5,186 | +2.0% |
| Equity | 10/15 | €1,024 | -€4,290 | -€5,314 | |
| Contributions | 10/11 | €39,000 | €39,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,976 | -€43,290 | -€5,314 | -14.0% |
| Amounts payable | 17/49 | €253,812 | €264,312 | +€10,500 | +4.1% |
| Amounts payable within one year | 42/48 | €253,812 | €264,312 | +€10,500 | +4.1% |
| Other amounts payable | 47/48 | €253,812 | €264,312 | +€10,500 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,252 | €2,479 | -€4,773 | -65.8% |
| Other operating charges | 640/8 | €396 | €811 | +€415 | +104.9% |
| Gross operating margin | 9900 | -€1,847 | -€1,924 | -€77 | -4.2% |
| Operating profit (loss) | 9901 | -€9,495 | -€5,215 | +€4,281 | +45.1% |
| Financial charges | 65/66B | €49 | €99 | +€51 | +104.8% |
| Recurring financial charges | 65 | €49 | €99 | +€51 | +104.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,544 | -€5,314 | +€4,230 | +44.3% |
| Profit (loss) for the period | 9904 | -€9,544 | -€5,314 | +€4,230 | +44.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,544 | -€5,314 | +€4,230 | +44.3% |
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.