BMA: 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.
What changed
BMA
NACE 47.820, Retail sale of motor vehicle parts and accessories
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€27,144
2024 · €19,114+€8,030
Equity
€548,844
2024 · €537,338+€11,506
Cash
€17,921
2024 · €31,184-€13,263
Balance sheet total
€5.2m
2024 · €5.3m-€105,615
Largest movements
Assets
- Stocks and contracts -€177,824
down €177,824 (-6.1%), from €2.9m to €2.7m
- Tangible fixed assets +€114,315
up €114,315 (+6.4%), from €1.8m to €1.9m
of which Furniture and vehicles: +€220,993
Equity and liabilities
- Trade debts -€116,897
down €116,897 (-16.3%), from €717,009 to €600,112
- Other debts +€103,930
up €103,930 (+18.5%), from €561,568 to €665,498
- Debts after one year -€73,416
down €73,416 (-3.2%), from €2.3m to €2.2m
of which Financial debts: -€73,416
Income statement
- Staff costs +€58,091
up €58,091 (+39.9%), from €145,547 to €203,638
- Depreciation +€18,881
up €18,881 (+7.3%), from €257,023 to €275,903
- Other operating charges -€10,209
down €10,209 (-25.3%), from €40,349 to €30,140
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.
Result 2024
€19,114
Gross operating margin
-€252
Staff costs
-€58,091
Depreciation
-€18,881
Write-downs
+€2,521
Other operating charges
+€10,209
Other operating items
+€68,794
Financial income
+€2,970
Financial charges
-€1,124
Taxes
+€1,882
Result 2025
€27,144
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€523,259
Investment
-€397,438
Financing
-€139,084
Cash 2024
€31,184
From operations (derived)
+€523,259
Net result for the year
+€27,144
Depreciation
+€275,903
Stocks and contracts
+€177,824
Receivables within one year
+€35,885
Deferred charges and accrued income
+€178
Trade debts
-€116,897
Tax, wage and social debts
+€20,573
Other debts
+€103,930
Accrued charges and deferred income
-€1,281
Investment (derived)
-€397,438
Investment in fixed assets (net)
-€397,438
Financing
-€139,084
Debts after one year
-€73,416
Current portion of long-term debt
-€50,030
Contributions, distributions and other
-€15,638
Cash 2025
€17,921
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,292,774 | €5,187,159 | -€105,615 | -2.0% |
| Fixed assets | 21/28 | €1,863,749 | €1,985,284 | +€121,534 | +6.5% |
| Intangible fixed assets | 21 | €74,368 | €81,587 | +€7,219 | +9.7% |
| Tangible fixed assets | 22/27 | €1,782,656 | €1,896,971 | +€114,315 | +6.4% |
| Land and buildings | 22 | €1,554,783 | €1,398,667 | -€156,115 | -10.0% |
| Plant, machinery and equipment | 23 | €136,714 | €186,152 | +€49,438 | +36.2% |
| Furniture and vehicles | 24 | €91,160 | €312,152 | +€220,993 | +242% |
| Financial fixed assets | 28 | €6,725 | €6,725 | = | 0.0% |
| Current assets | 29/58 | €3,429,025 | €3,201,876 | -€227,149 | -6.6% |
| Stocks and contracts in progress | 3 | €2,908,324 | €2,730,500 | -€177,824 | -6.1% |
| Stocks | 30/36 | €2,908,324 | €2,730,500 | -€177,824 | -6.1% |
| Amounts receivable within one year | 40/41 | €477,511 | €441,627 | -€35,885 | -7.5% |
| Trade receivables | 40 | €476,714 | €441,462 | -€35,252 | -7.4% |
| Other amounts receivable | 41 | €798 | €165 | -€633 | -79.3% |
| Cash at bank and in hand | 54/58 | €31,184 | €17,921 | -€13,263 | -42.5% |
| Deferred charges and accrued income | 490/1 | €12,005 | €11,827 | -€178 | -1.5% |
| Total equity and liabilities | 10/49 | €5,292,774 | €5,187,159 | -€105,615 | -2.0% |
| Equity | 10/15 | €537,338 | €548,844 | +€11,506 | +2.1% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Reserves | 13 | €191,119 | €221,119 | +€30,000 | +15.7% |
| Non-distributable reserves | 130/1 | €9,500 | €9,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,500 | €9,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,619 | €1,619 | = | 0.0% |
| Distributable reserves | 133 | €180,000 | €210,000 | +€30,000 | +16.7% |
| Profit (loss) carried forward | 14 | €4,422 | €1,566 | -€2,856 | -64.6% |
| Investment grants | 15 | €161,797 | €146,159 | -€15,638 | -9.7% |
| Amounts payable | 17/49 | €4,755,437 | €4,638,315 | -€117,121 | -2.5% |
| Amounts payable after more than one year | 17 | €2,293,923 | €2,220,507 | -€73,416 | -3.2% |
| Financial debts | 170/4 | €948,923 | €875,507 | -€73,416 | -7.7% |
| Other amounts payable | 178/9 | €1,345,000 | €1,345,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,459,749 | €2,417,325 | -€42,424 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €261,610 | €211,581 | -€50,030 | -19.1% |
| Financial debts | 43 | €885,000 | €885,000 | = | 0.0% |
| Credit institutions | 430/8 | €885,000 | €885,000 | = | 0.0% |
| Trade debts | 44 | €717,009 | €600,112 | -€116,897 | -16.3% |
| Suppliers | 440/4 | €717,009 | €600,112 | -€116,897 | -16.3% |
| Advances received on contracts in progress | 46 | €11,500 | €11,500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €23,062 | €43,635 | +€20,573 | +89.2% |
| Taxes | 450/3 | €11,909 | €10,983 | -€926 | -7.8% |
| Remuneration and social security | 454/9 | €11,153 | €32,652 | +€21,499 | +193% |
| Other amounts payable | 47/48 | €561,568 | €665,498 | +€103,930 | +18.5% |
| Accrued charges and deferred income | 492/3 | €1,764 | €483 | -€1,281 | -72.6% |
| Non-recurring operating income | 76A | €24,616 | €0 | -€24,616 | -100% |
| Remuneration, social security and pensions | 62 | €145,547 | €203,638 | +€58,091 | +39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €257,023 | €275,903 | +€18,881 | +7.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,521 | €0 | -€2,521 | -100% |
| Other operating charges | 640/8 | €40,349 | €30,140 | -€10,209 | -25.3% |
| Non-recurring operating charges | 66A | €68,794 | €0 | -€68,794 | -100% |
| Gross operating margin | 9900 | €589,128 | €588,876 | -€252 | 0.0% |
| Operating profit (loss) | 9901 | €74,893 | €79,195 | +€4,302 | +5.7% |
| Financial income | 75/76B | €27,141 | €30,111 | +€2,970 | +10.9% |
| Recurring financial income | 75 | €27,141 | €30,111 | +€2,970 | +10.9% |
| Financial charges | 65/66B | €81,038 | €82,162 | +€1,124 | +1.4% |
| Recurring financial charges | 65 | €81,038 | €82,162 | +€1,124 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €20,996 | €27,144 | +€6,148 | +29.3% |
| Income taxes | 67/77 | €1,882 | €0 | -€1,882 | -100% |
| Profit (loss) for the period | 9904 | €19,114 | €27,144 | +€8,030 | +42.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,114 | €27,144 | +€8,030 | +42.0% |
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 29 October 2026 via checked.be.