BAMAT: 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.
BAMAT
Largest movements
- Intangible fixed assets -€47,378
down €47,378 (-16.7%), from €284,269 to €236,891
- Tangible fixed assets -€39,944
down €39,944 (-6.9%), from €582,345 to €542,401
- Cash +€21,840
up €21,840 (+58.0%), from €37,684 to €59,525
mainly Depreciation (+€87,322) and Tax, wage and social debts (+€6,245)
- Profit (loss) carried forward -€33,262
down €33,262 (-17.8%), from -€187,349 to -€220,612
- Reserves -€24,799
down €24,799 (-6.8%), from €362,678 to €337,878
- Provisions -€12,770
down €12,770 (-6.9%), from €185,857 to €173,087
- Taxes +€1,751
up €1,751 (+39.0%), from €4,494 to €6,245
- Gross operating margin -€631
down €631 (-2.1%), from €29,534 to €28,903
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 | €906,403 | €840,387 | -€66,015 | -7.3% |
| Fixed assets | 21/28 | €866,614 | €779,292 | -€87,322 | -10.1% |
| Intangible fixed assets | 21 | €284,269 | €236,891 | -€47,378 | -16.7% |
| Tangible fixed assets | 22/27 | €582,345 | €542,401 | -€39,944 | -6.9% |
| Land and buildings | 22 | €582,345 | €542,401 | -€39,944 | -6.9% |
| Current assets | 29/58 | €39,789 | €61,096 | +€21,307 | +53.5% |
| Amounts receivable within one year | 40/41 | €467 | €0 | -€467 | -100.0% |
| Trade receivables | 40 | €467 | €0 | -€467 | -100.0% |
| Cash at bank and in hand | 54/58 | €37,684 | €59,525 | +€21,840 | +58.0% |
| Deferred charges and accrued income | 490/1 | €1,638 | €1,571 | -€67 | -4.1% |
| Total equity and liabilities | 10/49 | €906,403 | €840,387 | -€66,015 | -7.3% |
| Equity | 10/15 | €705,728 | €647,667 | -€58,062 | -8.2% |
| Contributions | 10/11 | €530,400 | €530,400 | = | 0.0% |
| Reserves | 13 | €362,678 | €337,878 | -€24,799 | -6.8% |
| Tax-exempt reserves | 132 | €362,678 | €337,878 | -€24,799 | -6.8% |
| Profit (loss) carried forward | 14 | -€187,349 | -€220,612 | -€33,262 | -17.8% |
| Provisions and deferred taxes | 16 | €185,857 | €173,087 | -€12,770 | -6.9% |
| Deferred taxes | 168 | €185,857 | €173,087 | -€12,770 | -6.9% |
| Amounts payable | 17/49 | €14,817 | €19,633 | +€4,816 | +32.5% |
| Amounts payable within one year | 42/48 | €14,739 | €19,555 | +€4,816 | +32.7% |
| Trade debts | 44 | €2,205 | €0 | -€2,205 | -100.0% |
| Suppliers | 440/4 | €2,205 | €0 | -€2,205 | -100.0% |
| Taxes, remuneration and social security | 45 | €4,494 | €10,739 | +€6,245 | +139.0% |
| Taxes | 450/3 | €4,494 | €10,739 | +€6,245 | +139.0% |
| Other amounts payable | 47/48 | €8,040 | €8,815 | +€776 | +9.7% |
| Accrued charges and deferred income | 492/3 | €78 | €78 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,322 | €87,322 | = | 0.0% |
| Other operating charges | 640/8 | €5,859 | €6,017 | +€158 | +2.7% |
| Gross operating margin | 9900 | €29,534 | €28,903 | -€631 | -2.1% |
| Operating profit (loss) | 9901 | -€63,648 | -€64,436 | -€788 | -1.2% |
| Financial charges | 65/66B | €160 | €150 | -€9 | -5.8% |
| Recurring financial charges | 65 | €160 | €150 | -€9 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | -€63,807 | -€64,586 | -€779 | -1.2% |
| Transfer from deferred taxes | 780 | €12,770 | €12,770 | = | 0.0% |
| Income taxes | 67/77 | €4,494 | €6,245 | +€1,751 | +39.0% |
| Profit (loss) for the period | 9904 | -€55,532 | -€58,062 | -€2,530 | -4.6% |
| Transfer from tax-exempt reserves | 789 | €24,799 | €24,799 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,733 | -€33,262 | -€2,530 | -8.2% |
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 7 October 2026 via checked.be.