BAMACO: what changed
Two fiscal 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.
BAMACO
Largest movements
- Stocks and contracts +€354,489
up €354,489 (+46.5%), from €762,370 to €1.1m
- Receivables within one year +€24,517
up €24,517 (+117.6%), from €20,856 to €45,372
of which Trade receivables: +€32,187
- Trade debts +€343,213
up €343,213 (+62.2%), from €551,563 to €894,776
- Profit (loss) carried forward +€26,817
up €26,817 (+25.1%), from €106,849 to €133,667
- Gross operating margin +€14,303
up €14,303 (+60.5%), from €23,658 to €37,961
- Taxes +€4,945
up €4,945 (+97.0%), from €5,100 to €10,045
- Financial charges -€4,184
down €4,184 (-87.7%), from €4,773 to €589
- Other operating charges +€390
up €390 (+327.4%), from €119 to €510
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.
Cash bridge derived
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 | €920,256 | €1,288,974 | +€368,718 | +40.1% |
| Fixed assets | 21/28 | €110,000 | €110,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €110,000 | €110,000 | = | 0.0% |
| Land and buildings | 22 | €110,000 | €110,000 | = | 0.0% |
| Current assets | 29/58 | €810,256 | €1,178,974 | +€368,718 | +45.5% |
| Stocks and contracts in progress | 3 | €762,370 | €1,116,858 | +€354,489 | +46.5% |
| Stocks | 30/36 | €762,370 | €1,116,858 | +€354,489 | +46.5% |
| Amounts receivable within one year | 40/41 | €20,856 | €45,372 | +€24,517 | +117.6% |
| Trade receivables | 40 | €12,608 | €44,796 | +€32,187 | +255.3% |
| Other amounts receivable | 41 | €8,247 | €577 | -€7,671 | -93.0% |
| Cash at bank and in hand | 54/58 | €27,031 | €16,743 | -€10,287 | -38.1% |
| Total equity and liabilities | 10/49 | €920,256 | €1,288,974 | +€368,718 | +40.1% |
| Equity | 10/15 | €193,129 | €219,947 | +€26,817 | +13.9% |
| Contributions | 10/11 | €86,280 | €86,280 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,849 | €133,667 | +€26,817 | +25.1% |
| Amounts payable | 17/49 | €727,127 | €1,069,028 | +€341,901 | +47.0% |
| Amounts payable within one year | 42/48 | €727,127 | €1,069,028 | +€341,901 | +47.0% |
| Trade debts | 44 | €551,563 | €894,776 | +€343,213 | +62.2% |
| Suppliers | 440/4 | €551,563 | €894,776 | +€343,213 | +62.2% |
| Taxes, remuneration and social security | 45 | €11,357 | €10,045 | -€1,312 | -11.5% |
| Taxes | 450/3 | €11,357 | €10,045 | -€1,312 | -11.5% |
| Other amounts payable | 47/48 | €164,207 | €164,206 | -€1 | 0.0% |
| Other operating charges | 640/8 | €119 | €510 | +€390 | +327.4% |
| Gross operating margin | 9900 | €23,658 | €37,961 | +€14,303 | +60.5% |
| Operating profit (loss) | 9901 | €23,539 | €37,451 | +€13,912 | +59.1% |
| Financial income | 75/76B | €344 | - | -€344 | |
| Recurring financial income | 75 | €344 | - | -€344 | |
| Financial charges | 65/66B | €4,773 | €589 | -€4,184 | -87.7% |
| Recurring financial charges | 65 | €4,773 | €589 | -€4,184 | -87.7% |
| Profit (loss) for the period before taxes | 9903 | €19,111 | €36,862 | +€17,752 | +92.9% |
| Income taxes | 67/77 | €5,100 | €10,045 | +€4,945 | +97.0% |
| Profit (loss) for the period | 9904 | €14,010 | €26,817 | +€12,807 | +91.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,010 | €26,817 | +€12,807 | +91.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.