BAM CONSULT: 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 CONSULT
Largest movements
- Financial fixed assets +€58,067
up €58,067 (+176%), from €32,984 to €91,051
- Cash +€28,507
up €28,507 (+225%), from €12,689 to €41,196
mainly Other debts (+€157,073) and Net result for the year (+€67,187)
- Receivables within one year -€16,164
down €16,164 (-21.8%), from €73,986 to €57,822
of which Other amounts receivable: -€16,668
- Current investments +€6,108
up €6,108 (+13.6%), from €45,000 to €51,108
- Deferred charges and accrued income +€5,000
up €5,000 (+357%), from €1,400 to €6,400
- Other debts +€157,073
up €157,073 (+6,491%), from €2,420 to €159,493
- Reserves -€106,254
down €106,254 (-74.6%), from €142,460 to €36,206
of which Distributable reserves: -€106,254
- Tax, wage and social debts +€31,483
up €31,483 (+2,537%), from €1,241 to €32,724
of which Taxes: +€29,223
- Trade debts -€3,491
down €3,491 (-86.3%), from €4,045 to €554
- Gross operating margin +€27,405
up €27,405 (+42.2%), from €65,014 to €92,419
- Taxes +€7,204
up €7,204 (+42.1%), from €17,095 to €24,300
- Depreciation -€1,141
down €1,141 (-29.7%), from €3,848 to €2,706
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 | €168,766 | €247,577 | +€78,811 | +46.7% |
| Fixed assets | 21/28 | €35,690 | €91,051 | +€55,360 | +155% |
| Tangible fixed assets | 22/27 | €2,706 | €0 | -€2,706 | -100% |
| Furniture and vehicles | 24 | €2,706 | €0 | -€2,706 | -100% |
| Financial fixed assets | 28 | €32,984 | €91,051 | +€58,067 | +176% |
| Current assets | 29/58 | €133,075 | €156,527 | +€23,451 | +17.6% |
| Amounts receivable within one year | 40/41 | €73,986 | €57,822 | -€16,164 | -21.8% |
| Trade receivables | 40 | €11,863 | €12,367 | +€504 | +4.2% |
| Other amounts receivable | 41 | €62,123 | €45,455 | -€16,668 | -26.8% |
| Current investments | 50/53 | €45,000 | €51,108 | +€6,108 | +13.6% |
| Cash at bank and in hand | 54/58 | €12,689 | €41,196 | +€28,507 | +225% |
| Deferred charges and accrued income | 490/1 | €1,400 | €6,400 | +€5,000 | +357% |
| Total equity and liabilities | 10/49 | €168,766 | €247,577 | +€78,811 | +46.7% |
| Equity | 10/15 | €161,060 | €54,806 | -€106,254 | -66.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €142,460 | €36,206 | -€106,254 | -74.6% |
| Tax-exempt reserves | 132 | €36,206 | €36,206 | = | 0.0% |
| Distributable reserves | 133 | €106,254 | €0 | -€106,254 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €7,706 | €192,771 | +€185,065 | +2,401% |
| Amounts payable within one year | 42/48 | €7,706 | €192,771 | +€185,065 | +2,401% |
| Trade debts | 44 | €4,045 | €554 | -€3,491 | -86.3% |
| Suppliers | 440/4 | €4,045 | €554 | -€3,491 | -86.3% |
| Taxes, remuneration and social security | 45 | €1,241 | €32,724 | +€31,483 | +2,537% |
| Taxes | 450/3 | €1,141 | €30,364 | +€29,223 | +2,561% |
| Remuneration and social security | 454/9 | €100 | €2,360 | +€2,260 | +2,260% |
| Other amounts payable | 47/48 | €2,420 | €159,493 | +€157,073 | +6,491% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,848 | €2,706 | -€1,141 | -29.7% |
| Other operating charges | 640/8 | €836 | €986 | +€150 | +17.9% |
| Gross operating margin | 9900 | €65,014 | €92,419 | +€27,405 | +42.2% |
| Operating profit (loss) | 9901 | €60,330 | €88,727 | +€28,397 | +47.1% |
| Financial income | 75/76B | €2,409 | €3,051 | +€643 | +26.7% |
| Recurring financial income | 75 | €2,409 | €3,051 | +€643 | +26.7% |
| Financial charges | 65/66B | €171 | €291 | +€120 | +70.0% |
| Recurring financial charges | 65 | €171 | €291 | +€120 | +70.0% |
| Profit (loss) for the period before taxes | 9903 | €62,567 | €91,487 | +€28,919 | +46.2% |
| Income taxes | 67/77 | €17,095 | €24,300 | +€7,204 | +42.1% |
| Profit (loss) for the period | 9904 | €45,472 | €67,187 | +€21,715 | +47.8% |
| Transfer to tax-exempt reserves | 689 | €7,368 | €0 | -€7,368 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €38,105 | €67,187 | +€29,082 | +76.3% |
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 20 October 2026 via checked.be.