BAM Mat: what changed
What changed
BAM Mat
NACE 41.003, General construction of other non-residential buildings
filed annual accounts (NBB)
Net result for the year
€253,345
2024 · €255,083-€1,738
Equity
€2.6m
2024 · €2.4m+€253,345
Cash
€1.8m
2024 · €1.6m+€136,823
Balance sheet total
€2.8m
2024 · €2.8m-€13,350
Largest movements
Assets
- Cash +€136,823
up €136,823 (+8.3%), from €1.6m to €1.8m
mainly Net result for the year (+€253,345) and Depreciation (+€87,511)
- Tangible fixed assets -€87,511
down €87,511 (-9.0%), from €971,742 to €884,231
of which Land and buildings: -€54,114
- Receivables within one year -€62,661
down €62,661 (-36.4%), from €171,990 to €109,329
of which Trade receivables: -€59,482
Equity and liabilities
- Other debts -€255,000
no longer reported in 2025 (was €255,000)
- Profit (loss) carried forward +€253,345
up €253,345 (+10.7%), from -€2.4m to -€2.1m
Income statement
- Financial income -€101,711
down €101,711 (-75.1%), from €135,466 to €33,755
- Services and other goods -€54,997
down €54,997 (-14.0%), from €394,187 to €339,190
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€255,083
Depreciation
+€20,459
Other operating charges
+€18,041
Other operating items
+€61,478
Financial income
-€101,711
Financial charges
-€5
Result 2025
€253,345
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€136,823
Investment
€0
Financing
€0
Cash 2024
€1.6m
From operations (derived)
+€136,823
Net result for the year
+€253,345
Depreciation
+€87,511
Receivables within one year
+€62,661
Trade debts
-€14,240
Other debts
-€255,000
Accrued charges and deferred income
+€2,545
Cash 2025
€1.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,788,057 | €2,774,707 | -€13,350 | -0.5% |
| Fixed assets | 21/28 | €971,742 | €884,231 | -€87,511 | -9.0% |
| Tangible fixed assets | 22/27 | €971,742 | €884,231 | -€87,511 | -9.0% |
| Land and buildings | 22 | €875,989 | €821,875 | -€54,114 | -6.2% |
| Plant, machinery and equipment | 23 | €95,753 | €62,356 | -€33,398 | -34.9% |
| Current assets | 29/58 | €1,816,315 | €1,890,476 | +€74,162 | +4.1% |
| Amounts receivable within one year | 40/41 | €171,990 | €109,329 | -€62,661 | -36.4% |
| Trade receivables | 40 | €168,811 | €109,329 | -€59,482 | -35.2% |
| Other amounts receivable | 41 | €3,179 | - | -€3,179 | |
| Cash at bank and in hand | 54/58 | €1,644,325 | €1,781,147 | +€136,823 | +8.3% |
| Total equity and liabilities | 10/49 | €2,788,057 | €2,774,707 | -€13,350 | -0.5% |
| Equity | 10/15 | €2,364,818 | €2,618,163 | +€253,345 | +10.7% |
| Contributions | 10/11 | €4,311,283 | €4,311,283 | = | 0.0% |
| Reserves | 13 | €420,867 | €420,867 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,958 | €17,958 | = | 0.0% |
| Distributable reserves | 133 | €402,909 | €402,909 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,367,332 | -€2,113,987 | +€253,345 | +10.7% |
| Amounts payable | 17/49 | €423,239 | €156,544 | -€266,695 | -63.0% |
| Amounts payable within one year | 42/48 | €423,239 | €153,999 | -€269,240 | -63.6% |
| Trade debts | 44 | €168,239 | €153,999 | -€14,240 | -8.5% |
| Suppliers | 440/4 | €168,239 | €153,999 | -€14,240 | -8.5% |
| Other amounts payable | 47/48 | €255,000 | - | -€255,000 | |
| Accrued charges and deferred income | 492/3 | - | €2,545 | +€2,545 | |
| Operating income | 70/76A | €640,588 | €647,069 | +€6,481 | +1.0% |
| Other operating income | 74 | €640,588 | €647,069 | +€6,481 | +1.0% |
| Operating charges | 60/66A | €520,442 | €426,944 | -€93,498 | -18.0% |
| Services and other goods | 61 | €394,187 | €339,190 | -€54,997 | -14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,971 | €87,511 | -€20,459 | -18.9% |
| Other operating charges | 640/8 | €18,284 | €243 | -€18,041 | -98.7% |
| Operating profit (loss) | 9901 | €120,147 | €220,125 | +€99,979 | +83.2% |
| Financial income | 75/76B | €135,466 | €33,755 | -€101,711 | -75.1% |
| Recurring financial income | 75 | €135,466 | €33,755 | -€101,711 | -75.1% |
| Income from current assets | 751 | €135,194 | €33,755 | -€101,439 | -75.0% |
| Other financial income | 752/9 | €272 | - | -€272 | |
| Financial charges | 65/66B | €530 | €535 | +€5 | +1.0% |
| Recurring financial charges | 65 | €530 | €535 | +€5 | +1.0% |
| Debt charges | 650 | €9 | - | -€9 | |
| Other financial charges | 652/9 | €522 | €535 | +€14 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €255,083 | €253,345 | -€1,738 | -0.7% |
| Profit (loss) for the period | 9904 | €255,083 | €253,345 | -€1,738 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €255,083 | €253,345 | -€1,738 | -0.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.