BAMAPI: 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.
BAMAPI
Largest movements
- Intangible fixed assets -€28,578
down €28,578 (-25.0%), from €114,269 to €85,691
- Tangible fixed assets -€16,063
down €16,063 (-33.8%), from €47,554 to €31,491
of which Furniture and vehicles: -€9,813
- Cash +€10,709
up €10,709 (+83.6%), from €12,814 to €23,522
mainly Depreciation (+€46,841) and Net result for the year (+€46,488)
- Other debts -€73,432
down €73,432 (-89.3%), from €82,237 to €8,805
- Profit (loss) carried forward +€46,488
up €46,488 (+79.7%), from €58,322 to €104,810
- Trade debts -€7,719
down €7,719 (-100.0%), from €7,719 to €0
- Tax, wage and social debts +€2,517
up €2,517 (+47.6%), from €5,288 to €7,805
- Gross operating margin +€10,289
up €10,289 (+10.6%), from €97,031 to €107,320
- Taxes +€2,521
up €2,521 (+22.6%), from €11,142 to €13,663
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 | €180,275 | €148,129 | -€32,146 | -17.8% |
| Fixed assets | 21/28 | €161,823 | €117,182 | -€44,641 | -27.6% |
| Intangible fixed assets | 21 | €114,269 | €85,691 | -€28,578 | -25.0% |
| Tangible fixed assets | 22/27 | €47,554 | €31,491 | -€16,063 | -33.8% |
| Plant, machinery and equipment | 23 | €500 | €0 | -€500 | -100.0% |
| Furniture and vehicles | 24 | €31,166 | €21,354 | -€9,813 | -31.5% |
| Other tangible fixed assets | 26 | €15,888 | €10,137 | -€5,750 | -36.2% |
| Current assets | 29/58 | €18,453 | €30,948 | +€12,495 | +67.7% |
| Amounts receivable within one year | 40/41 | €895 | €2,562 | +€1,667 | +186.2% |
| Trade receivables | 40 | €895 | €2,562 | +€1,667 | +186.2% |
| Cash at bank and in hand | 54/58 | €12,814 | €23,522 | +€10,709 | +83.6% |
| Deferred charges and accrued income | 490/1 | €4,744 | €4,863 | +€120 | +2.5% |
| Total equity and liabilities | 10/49 | €180,275 | €148,129 | -€32,146 | -17.8% |
| Equity | 10/15 | €85,031 | €131,519 | +€46,488 | +54.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €24,209 | €24,209 | = | 0.0% |
| Distributable reserves | 133 | €24,209 | €24,209 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,322 | €104,810 | +€46,488 | +79.7% |
| Amounts payable | 17/49 | €95,244 | €16,611 | -€78,634 | -82.6% |
| Amounts payable within one year | 42/48 | €95,244 | €16,611 | -€78,634 | -82.6% |
| Trade debts | 44 | €7,719 | €0 | -€7,719 | -100.0% |
| Suppliers | 440/4 | €7,719 | €0 | -€7,719 | -100.0% |
| Taxes, remuneration and social security | 45 | €5,288 | €7,805 | +€2,517 | +47.6% |
| Taxes | 450/3 | €5,288 | €7,805 | +€2,517 | +47.6% |
| Other amounts payable | 47/48 | €82,237 | €8,805 | -€73,432 | -89.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,719 | €46,841 | +€122 | +0.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €97,031 | €107,320 | +€10,289 | +10.6% |
| Operating profit (loss) | 9901 | €49,925 | €60,080 | +€10,154 | +20.3% |
| Financial income | 75/76B | €10 | €368 | +€358 | +3581.1% |
| Recurring financial income | 75 | €10 | €368 | +€358 | +3581.1% |
| Financial charges | 65/66B | €315 | €296 | -€19 | -5.9% |
| Recurring financial charges | 65 | €315 | €296 | -€19 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €49,620 | €60,151 | +€10,531 | +21.2% |
| Income taxes | 67/77 | €11,142 | €13,663 | +€2,521 | +22.6% |
| Profit (loss) for the period | 9904 | €38,478 | €46,488 | +€8,010 | +20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,478 | €46,488 | +€8,010 | +20.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.