BAMACO: 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.
BAMACO
Largest movements
- Tangible fixed assets +€31,280
up €31,280 (+107.0%), from €29,226 to €60,507
of which Furniture and vehicles: +€42,147
- Cash +€13,059
up €13,059 (+177.2%), from €7,368 to €20,427
mainly Depreciation (+€17,943) and Debts after one year (+€15,225)
- Receivables after one year -€10,098
down €10,098 (-37.9%), from €26,612 to €16,514
- Receivables within one year -€6,826
down €6,826 (-26.7%), from €25,534 to €18,708
of which Trade receivables: -€6,822
- Financial fixed assets -€5,000
down €5,000 (-100.0%), from €5,000 to €0
- Other debts -€15,746
down €15,746 (-28.8%), from €54,632 to €38,887
- Debts after one year +€15,225
up €15,225 (+35.2%), from €43,192 to €58,416
- Profit (loss) carried forward +€5,825
up €5,825 (+15.2%), from -€38,269 to -€32,444
- Tax, wage and social debts +€5,401
up €5,401 (+115.8%), from €4,666 to €10,066
of which Taxes: +€5,386
- Current portion of long-term debt +€4,693
up €4,693 (+17.9%), from €26,154 to €30,848
- Gross operating margin -€20,332
down €20,332 (-49.1%), from €41,392 to €21,060
- Staff costs -€11,634
down €11,634 (-100.0%), from €11,634 to €0
- Financial income +€3,731
up €3,731 (+349.0%), from €1,069 to €4,800
- Financial charges -€2,385
down €2,385 (-66.5%), from €3,589 to €1,203
- Depreciation +€1,123
up €1,123 (+6.7%), from €16,819 to €17,943
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 | €111,331 | €127,688 | +€16,357 | +14.7% |
| Fixed assets | 21/28 | €45,845 | €70,626 | +€24,780 | +54.1% |
| Intangible fixed assets | 21 | €11,619 | €10,119 | -€1,500 | -12.9% |
| Tangible fixed assets | 22/27 | €29,226 | €60,507 | +€31,280 | +107.0% |
| Land and buildings | 22 | €13,898 | €11,173 | -€2,726 | -19.6% |
| Plant, machinery and equipment | 23 | €13,524 | €5,383 | -€8,141 | -60.2% |
| Furniture and vehicles | 24 | €1,804 | €43,951 | +€42,147 | +2336.9% |
| Financial fixed assets | 28 | €5,000 | €0 | -€5,000 | -100.0% |
| Current assets | 29/58 | €65,485 | €57,062 | -€8,424 | -12.9% |
| Amounts receivable after more than one year | 29 | €26,612 | €16,514 | -€10,098 | -37.9% |
| Other amounts receivable | 291 | €26,612 | €16,514 | -€10,098 | -37.9% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €25,534 | €18,708 | -€6,826 | -26.7% |
| Trade receivables | 40 | €14,167 | €7,345 | -€6,822 | -48.2% |
| Other amounts receivable | 41 | €11,367 | €11,363 | -€4 | 0.0% |
| Cash at bank and in hand | 54/58 | €7,368 | €20,427 | +€13,059 | +177.2% |
| Deferred charges and accrued income | 490/1 | €5,972 | €1,413 | -€4,559 | -76.3% |
| Total equity and liabilities | 10/49 | €111,331 | €127,688 | +€16,357 | +14.7% |
| Equity | 10/15 | -€23,269 | -€17,444 | +€5,825 | +25.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,269 | -€32,444 | +€5,825 | +15.2% |
| Amounts payable | 17/49 | €134,600 | €145,132 | +€10,532 | +7.8% |
| Amounts payable after more than one year | 17 | €43,192 | €58,416 | +€15,225 | +35.2% |
| Financial debts | 170/4 | €43,192 | €58,416 | +€15,225 | +35.2% |
| Amounts payable within one year | 42/48 | €91,408 | €86,715 | -€4,693 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €26,154 | €30,848 | +€4,693 | +17.9% |
| Trade debts | 44 | €5,956 | €6,915 | +€959 | +16.1% |
| Suppliers | 440/4 | €5,956 | €6,915 | +€959 | +16.1% |
| Taxes, remuneration and social security | 45 | €4,666 | €10,066 | +€5,401 | +115.8% |
| Taxes | 450/3 | €2,666 | €8,052 | +€5,386 | +202.1% |
| Remuneration and social security | 454/9 | €2,000 | €2,014 | +€14 | +0.7% |
| Other amounts payable | 47/48 | €54,632 | €38,887 | -€15,746 | -28.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €15,371 | €0 | -€15,371 | -100.0% |
| Remuneration, social security and pensions | 62 | €11,634 | €0 | -€11,634 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,819 | €17,943 | +€1,123 | +6.7% |
| Other operating charges | 640/8 | €707 | €889 | +€183 | +25.8% |
| Non-recurring operating charges | 66A | €5,995 | €0 | -€5,995 | -100.0% |
| Gross operating margin | 9900 | €41,392 | €21,060 | -€20,332 | -49.1% |
| Operating profit (loss) | 9901 | €6,237 | €2,229 | -€4,008 | -64.3% |
| Financial income | 75/76B | €1,069 | €4,800 | +€3,731 | +349.0% |
| Recurring financial income | 75 | €1,069 | €4,800 | +€3,731 | +349.0% |
| Financial charges | 65/66B | €3,589 | €1,203 | -€2,385 | -66.5% |
| Recurring financial charges | 65 | €3,589 | €1,203 | -€2,385 | -66.5% |
| Profit (loss) for the period before taxes | 9903 | €3,717 | €5,825 | +€2,108 | +56.7% |
| Income taxes | 67/77 | €15 | €0 | -€15 | -100.0% |
| Profit (loss) for the period | 9904 | €3,702 | €5,825 | +€2,123 | +57.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,702 | €5,825 | +€2,123 | +57.4% |
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 11 October 2026 via checked.be.