BAM & Co: 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.
BAM & Co
Largest movements
- Cash +€3,807
up €3,807 (+34.5%), from €11,028 to €14,836
mainly Depreciation (+€11,981) and Net result for the year (+€10,738)
- Receivables within one year -€3,391
down €3,391 (-7.3%), from €46,749 to €43,358
of which Trade receivables: -€3,560
- Tangible fixed assets +€2,108
up €2,108 (+6.9%), from €30,446 to €32,554
of which Furniture and vehicles: +€11,051
- Deferred charges and accrued income +€1,245
new in 2025: €1,245
- Profit (loss) carried forward +€10,738
up €10,738 (+27.1%), from €39,616 to €50,354
- Debts after one year -€5,995
down €5,995 (-46.8%), from €12,820 to €6,826
- Tax, wage and social debts -€3,612
down €3,612 (-56.5%), from €6,396 to €2,784
of which Remuneration and social security: -€4,184
- Trade debts +€2,301
up €2,301 (+27.2%), from €8,458 to €10,759
- Staff costs -€10,532
down €10,532 (-17.8%), from €59,038 to €48,506
- Gross operating margin -€8,483
down €8,483 (-9.8%), from €86,549 to €78,066
- Financial charges -€4,329
down €4,329 (-67.0%), from €6,461 to €2,132
- Depreciation -€3,718
down €3,718 (-23.7%), from €15,699 to €11,981
- Other operating charges +€1,754
up €1,754 (+77.4%), from €2,265 to €4,018
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 | €88,881 | €92,593 | +€3,712 | +4.2% |
| Fixed assets | 21/28 | €31,104 | €33,154 | +€2,050 | +6.6% |
| Tangible fixed assets | 22/27 | €30,446 | €32,554 | +€2,108 | +6.9% |
| Plant, machinery and equipment | 23 | €26,457 | €17,972 | -€8,485 | -32.1% |
| Furniture and vehicles | 24 | €3,531 | €14,582 | +€11,051 | +313% |
| Other tangible fixed assets | 26 | €457 | €0 | -€457 | -100% |
| Financial fixed assets | 28 | €658 | €600 | -€58 | -8.8% |
| Current assets | 29/58 | €57,777 | €59,439 | +€1,662 | +2.9% |
| Amounts receivable within one year | 40/41 | €46,749 | €43,358 | -€3,391 | -7.3% |
| Trade receivables | 40 | €43,097 | €39,537 | -€3,560 | -8.3% |
| Other amounts receivable | 41 | €3,652 | €3,821 | +€169 | +4.6% |
| Cash at bank and in hand | 54/58 | €11,028 | €14,836 | +€3,807 | +34.5% |
| Deferred charges and accrued income | 490/1 | - | €1,245 | +€1,245 | |
| Total equity and liabilities | 10/49 | €88,881 | €92,593 | +€3,712 | +4.2% |
| Equity | 10/15 | €55,492 | €66,229 | +€10,738 | +19.4% |
| Reserves | 13 | €15,875 | €15,875 | = | 0.0% |
| Distributable reserves | 133 | €15,875 | €15,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,616 | €50,354 | +€10,738 | +27.1% |
| Amounts payable | 17/49 | €33,389 | €26,363 | -€7,026 | -21.0% |
| Amounts payable after more than one year | 17 | €12,820 | €6,826 | -€5,995 | -46.8% |
| Financial debts | 170/4 | €12,820 | €6,826 | -€5,995 | -46.8% |
| Amounts payable within one year | 42/48 | €20,569 | €19,538 | -€1,031 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €5,715 | €5,995 | +€280 | +4.9% |
| Trade debts | 44 | €8,458 | €10,759 | +€2,301 | +27.2% |
| Suppliers | 440/4 | €8,458 | €10,759 | +€2,301 | +27.2% |
| Taxes, remuneration and social security | 45 | €6,396 | €2,784 | -€3,612 | -56.5% |
| Taxes | 450/3 | €394 | €966 | +€572 | +145% |
| Remuneration and social security | 454/9 | €6,002 | €1,818 | -€4,184 | -69.7% |
| Remuneration, social security and pensions | 62 | €59,038 | €48,506 | -€10,532 | -17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,699 | €11,981 | -€3,718 | -23.7% |
| Other operating charges | 640/8 | €2,265 | €4,018 | +€1,754 | +77.4% |
| Gross operating margin | 9900 | €86,549 | €78,066 | -€8,483 | -9.8% |
| Operating profit (loss) | 9901 | €9,547 | €13,561 | +€4,014 | +42.0% |
| Financial income | 75/76B | €155 | €97 | -€58 | -37.2% |
| Recurring financial income | 75 | €155 | €97 | -€58 | -37.2% |
| Financial charges | 65/66B | €6,461 | €2,132 | -€4,329 | -67.0% |
| Recurring financial charges | 65 | €6,461 | €2,132 | -€4,329 | -67.0% |
| Profit (loss) for the period before taxes | 9903 | €3,242 | €11,527 | +€8,286 | +256% |
| Income taxes | 67/77 | €229 | €789 | +€560 | +244% |
| Profit (loss) for the period | 9904 | €3,012 | €10,738 | +€7,725 | +256% |
| Profit (loss) for the period to be appropriated | 9905 | €3,012 | €10,738 | +€7,725 | +256% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.