Bamatec: 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.
Bamatec
Largest movements
- Tangible fixed assets -€46,645
down €46,645 (-26.0%), from €179,421 to €132,776
of which Plant, machinery and equipment: -€40,699
- Stocks and contracts -€19,842
down €19,842 (-10.7%), from €185,484 to €165,643
- Cash +€10,384
up €10,384 (+184.4%), from €5,632 to €16,016
mainly Depreciation (+€48,217) and Net result for the year (+€26,007)
- Receivables within one year -€5,718
down €5,718 (-6.1%), from €93,007 to €87,289
- Debts after one year -€49,368
down €49,368 (-29.5%), from €167,480 to €118,113
- Other debts -€33,480
down €33,480 (-56.9%), from €58,818 to €25,338
- Reserves +€22,666
up €22,666 (+64.7%), from €35,034 to €57,700
- Advances received -€11,584
no longer reported in 2026 (was €11,584)
- Gross operating margin +€15,260
up €15,260 (+23.2%), from €65,896 to €81,156
- Financial income +€11,171
up €11,171 (+1381.9%), from €808 to €11,979
- Depreciation +€10,211
up €10,211 (+26.9%), from €38,006 to €48,217
- Staff costs -€7,827
down €7,827, from €7,164 to -€663
- Taxes +€2,696
up €2,696 (+2013.5%), from €134 to €2,830
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €487,934 | €425,418 | -€62,516 | -12.8% |
| Fixed assets | 21/28 | €199,804 | €150,759 | -€49,045 | -24.5% |
| Intangible fixed assets | 21 | €18,871 | €16,471 | -€2,400 | -12.7% |
| Tangible fixed assets | 22/27 | €179,421 | €132,776 | -€46,645 | -26.0% |
| Plant, machinery and equipment | 23 | €153,516 | €112,817 | -€40,699 | -26.5% |
| Furniture and vehicles | 24 | €5,974 | €5,512 | -€461 | -7.7% |
| Leasing and similar rights | 25 | €15,999 | €12,352 | -€3,648 | -22.8% |
| Other tangible fixed assets | 26 | €3,932 | €2,095 | -€1,837 | -46.7% |
| Financial fixed assets | 28 | €1,512 | €1,512 | = | 0.0% |
| Current assets | 29/58 | €288,130 | €274,659 | -€13,470 | -4.7% |
| Stocks and contracts in progress | 3 | €185,484 | €165,643 | -€19,842 | -10.7% |
| Stocks | 30/36 | €185,484 | €165,643 | -€19,842 | -10.7% |
| Amounts receivable within one year | 40/41 | €93,007 | €87,289 | -€5,718 | -6.1% |
| Trade receivables | 40 | €93,007 | €87,289 | -€5,718 | -6.1% |
| Cash at bank and in hand | 54/58 | €5,632 | €16,016 | +€10,384 | +184.4% |
| Deferred charges and accrued income | 490/1 | €4,006 | €5,712 | +€1,706 | +42.6% |
| Total equity and liabilities | 10/49 | €487,934 | €425,418 | -€62,516 | -12.8% |
| Equity | 10/15 | €50,293 | €76,300 | +€26,007 | +51.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €35,034 | €57,700 | +€22,666 | +64.7% |
| Distributable reserves | 133 | €35,034 | €57,700 | +€22,666 | +64.7% |
| Profit (loss) carried forward | 14 | -€3,341 | - | +€3,341 | |
| Amounts payable | 17/49 | €437,641 | €349,119 | -€88,523 | -20.2% |
| Amounts payable after more than one year | 17 | €167,480 | €118,113 | -€49,368 | -29.5% |
| Financial debts | 170/4 | €167,480 | €118,113 | -€49,368 | -29.5% |
| Amounts payable within one year | 42/48 | €269,869 | €230,333 | -€39,537 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €46,127 | €49,368 | +€3,240 | +7.0% |
| Financial debts | 43 | €75,000 | €75,000 | = | 0.0% |
| Credit institutions | 430/8 | €75,000 | €75,000 | = | 0.0% |
| Trade debts | 44 | €61,511 | €59,615 | -€1,896 | -3.1% |
| Suppliers | 440/4 | €61,511 | €59,615 | -€1,896 | -3.1% |
| Advances received on contracts in progress | 46 | €11,584 | - | -€11,584 | |
| Taxes, remuneration and social security | 45 | €16,830 | €21,013 | +€4,183 | +24.9% |
| Taxes | 450/3 | €15,757 | €21,013 | +€5,255 | +33.4% |
| Remuneration and social security | 454/9 | €1,073 | - | -€1,073 | |
| Other amounts payable | 47/48 | €58,818 | €25,338 | -€33,480 | -56.9% |
| Accrued charges and deferred income | 492/3 | €292 | €673 | +€382 | +130.8% |
| Remuneration, social security and pensions | 62 | €7,164 | -€663 | -€7,827 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,006 | €48,217 | +€10,211 | +26.9% |
| Other operating charges | 640/8 | €1,321 | €1,250 | -€71 | -5.4% |
| Gross operating margin | 9900 | €65,896 | €81,156 | +€15,260 | +23.2% |
| Operating profit (loss) | 9901 | €19,405 | €32,352 | +€12,946 | +66.7% |
| Financial income | 75/76B | €808 | €11,979 | +€11,171 | +1381.9% |
| Recurring financial income | 75 | €808 | €11,979 | +€11,171 | +1381.9% |
| Financial charges | 65/66B | €17,546 | €15,494 | -€2,053 | -11.7% |
| Recurring financial charges | 65 | €17,546 | €15,494 | -€2,053 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €2,667 | €28,837 | +€26,170 | +981.1% |
| Income taxes | 67/77 | €134 | €2,830 | +€2,696 | +2013.5% |
| Profit (loss) for the period | 9904 | €2,533 | €26,007 | +€23,474 | +926.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,533 | €26,007 | +€23,474 | +926.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.