BAMA: 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.
BAMA
Largest movements
- Receivables within one year +€67,829
up €67,829 (+101%), from €67,290 to €135,119
of which Other amounts receivable: +€41,050
- Cash -€17,002
down €17,002 (-34.9%), from €48,660 to €31,658
mainly Receivables within one year (-€67,829) and Debts after one year (-€63,638)
- Profit (loss) carried forward +€109,460
up €109,460 (+86.2%), from €126,988 to €236,448
- Debts after one year -€63,638
down €63,638 (-17.7%), from €360,152 to €296,514
- Trade debts +€8,202
up €8,202 (+38.2%), from €21,448 to €29,650
- Gross operating margin +€75,765
up €75,765 (+45.8%), from €165,249 to €241,014
- Depreciation -€8,784
down €8,784 (-24.6%), from €35,636 to €26,852
- Taxes +€7,168
up €7,168 (+82.6%), from €8,680 to €15,848
- Staff costs -€6,704
down €6,704 (-8.7%), from €77,066 to €70,362
- Other operating charges +€3,477
up €3,477 (+29.4%), from €11,837 to €15,314
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 | €615,666 | €664,571 | +€48,905 | +7.9% |
| Fixed assets | 21/28 | €339,716 | €337,794 | -€1,922 | -0.6% |
| Tangible fixed assets | 22/27 | €339,540 | €337,618 | -€1,922 | -0.6% |
| Land and buildings | 22 | €241,596 | €227,061 | -€14,535 | -6.0% |
| Plant, machinery and equipment | 23 | €56,945 | €77,107 | +€20,162 | +35.4% |
| Furniture and vehicles | 24 | €40,999 | €33,450 | -€7,549 | -18.4% |
| Financial fixed assets | 28 | €176 | €176 | = | 0.0% |
| Current assets | 29/58 | €275,950 | €326,777 | +€50,827 | +18.4% |
| Amounts receivable after more than one year | 29 | €160,000 | €160,000 | = | 0.0% |
| Other amounts receivable | 291 | €160,000 | €160,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €67,290 | €135,119 | +€67,829 | +101% |
| Trade receivables | 40 | €12,345 | €39,124 | +€26,779 | +217% |
| Other amounts receivable | 41 | €54,945 | €95,995 | +€41,050 | +74.7% |
| Cash at bank and in hand | 54/58 | €48,660 | €31,658 | -€17,002 | -34.9% |
| Total equity and liabilities | 10/49 | €615,666 | €664,571 | +€48,905 | +7.9% |
| Equity | 10/15 | €154,257 | €263,716 | +€109,459 | +71.0% |
| Contributions | 10/11 | €24,790 | €24,789 | -€1 | 0.0% |
| Capital | 10 | €24,790 | €24,789 | -€1 | 0.0% |
| Issued capital | 100 | €24,790 | €24,789 | -€1 | 0.0% |
| Reserves | 13 | €2,479 | €2,479 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Legal reserve | 130 | €2,479 | €2,479 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126,988 | €236,448 | +€109,460 | +86.2% |
| Amounts payable | 17/49 | €461,409 | €400,855 | -€60,554 | -13.1% |
| Amounts payable after more than one year | 17 | €360,152 | €296,514 | -€63,638 | -17.7% |
| Financial debts | 170/4 | €360,152 | €296,514 | -€63,638 | -17.7% |
| Amounts payable within one year | 42/48 | €101,257 | €104,341 | +€3,084 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €62,719 | €63,638 | +€919 | +1.5% |
| Trade debts | 44 | €21,448 | €29,650 | +€8,202 | +38.2% |
| Suppliers | 440/4 | €21,448 | €29,650 | +€8,202 | +38.2% |
| Taxes, remuneration and social security | 45 | €17,090 | €11,053 | -€6,037 | -35.3% |
| Taxes | 450/3 | €17,090 | €11,053 | -€6,037 | -35.3% |
| Remuneration, social security and pensions | 62 | €77,066 | €70,362 | -€6,704 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,636 | €26,852 | -€8,784 | -24.6% |
| Other operating charges | 640/8 | €11,837 | €15,314 | +€3,477 | +29.4% |
| Gross operating margin | 9900 | €165,249 | €241,014 | +€75,765 | +45.8% |
| Operating profit (loss) | 9901 | €40,710 | €128,486 | +€87,776 | +216% |
| Financial income | 75/76B | €4,800 | €4,800 | = | 0.0% |
| Recurring financial income | 75 | €4,800 | €4,800 | = | 0.0% |
| Financial charges | 65/66B | €6,241 | €7,978 | +€1,737 | +27.8% |
| Recurring financial charges | 65 | €6,241 | €7,978 | +€1,737 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | €39,269 | €125,308 | +€86,039 | +219% |
| Income taxes | 67/77 | €8,680 | €15,848 | +€7,168 | +82.6% |
| Profit (loss) for the period | 9904 | €30,589 | €109,460 | +€78,871 | +258% |
| Profit (loss) for the period to be appropriated | 9905 | €30,589 | €109,460 | +€78,871 | +258% |
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 18 October 2026 via checked.be.