BFM Engineering: 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.
BFM Engineering
Largest movements
- Receivables within one year +€28,334
up €28,334 (+310%), from €9,137 to €37,471
of which Trade receivables: +€28,284
- Tangible fixed assets -€3,329
down €3,329 (-47.0%), from €7,084 to €3,756
of which Furniture and vehicles: -€2,026
- Deferred charges and accrued income +€1,308
new in 2025: €1,308
- Reserves +€22,757
up €22,757 (+55.1%), from €41,328 to €64,085
- Tax, wage and social debts +€3,099
up €3,099 (+13.5%), from €22,925 to €26,025
of which Taxes: +€3,110
- Gross operating margin -€21,492
down €21,492 (-37.3%), from €57,618 to €36,127
- Taxes -€4,103
down €4,103 (-35.9%), from €11,423 to €7,320
- Other operating charges +€696
up €696 (+46.4%), from €1,502 to €2,198
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 | €79,206 | €105,773 | +€26,566 | +33.5% |
| Fixed assets | 21/28 | €7,084 | €3,756 | -€3,329 | -47.0% |
| Tangible fixed assets | 22/27 | €7,084 | €3,756 | -€3,329 | -47.0% |
| Plant, machinery and equipment | 23 | €3,038 | €1,735 | -€1,303 | -42.9% |
| Furniture and vehicles | 24 | €4,046 | €2,020 | -€2,026 | -50.1% |
| Current assets | 29/58 | €72,122 | €102,017 | +€29,895 | +41.5% |
| Amounts receivable within one year | 40/41 | €9,137 | €37,471 | +€28,334 | +310% |
| Trade receivables | 40 | €9,075 | €37,359 | +€28,284 | +312% |
| Other amounts receivable | 41 | €62 | €112 | +€50 | +80.6% |
| Cash at bank and in hand | 54/58 | €62,985 | €63,238 | +€253 | +0.4% |
| Deferred charges and accrued income | 490/1 | - | €1,308 | +€1,308 | |
| Total equity and liabilities | 10/49 | €79,206 | €105,773 | +€26,566 | +33.5% |
| Equity | 10/15 | €43,828 | €66,585 | +€22,757 | +51.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €41,328 | €64,085 | +€22,757 | +55.1% |
| Distributable reserves | 133 | €41,328 | €64,085 | +€22,757 | +55.1% |
| Amounts payable | 17/49 | €35,378 | €39,188 | +€3,810 | +10.8% |
| Amounts payable within one year | 42/48 | €35,378 | €39,188 | +€3,810 | +10.8% |
| Trade debts | 44 | €2,772 | €3,047 | +€274 | +9.9% |
| Suppliers | 440/4 | €2,772 | €3,047 | +€274 | +9.9% |
| Taxes, remuneration and social security | 45 | €22,925 | €26,025 | +€3,099 | +13.5% |
| Taxes | 450/3 | €20,882 | €23,992 | +€3,110 | +14.9% |
| Remuneration and social security | 454/9 | €2,043 | €2,033 | -€11 | -0.5% |
| Other amounts payable | 47/48 | €9,680 | €10,116 | +€436 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,902 | €3,329 | +€427 | +14.7% |
| Other operating charges | 640/8 | €1,502 | €2,198 | +€696 | +46.4% |
| Gross operating margin | 9900 | €57,618 | €36,127 | -€21,492 | -37.3% |
| Operating profit (loss) | 9901 | €53,215 | €30,600 | -€22,615 | -42.5% |
| Financial income | 75/76B | €24 | - | -€24 | |
| Recurring financial income | 75 | €24 | - | -€24 | |
| Financial charges | 65/66B | €487 | €523 | +€35 | +7.3% |
| Recurring financial charges | 65 | €487 | €523 | +€35 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €52,752 | €30,077 | -€22,675 | -43.0% |
| Income taxes | 67/77 | €11,423 | €7,320 | -€4,103 | -35.9% |
| Profit (loss) for the period | 9904 | €41,328 | €22,757 | -€18,572 | -44.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,328 | €22,757 | -€18,572 | -44.9% |
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 25 October 2026 via checked.be.