BAMCE: 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.
BAMCE
Largest movements
- Cash +€24,643
up €24,643 (+40.2%), from €61,349 to €85,992
mainly Depreciation (+€29,031) and Receivables within one year (+€21,363)
- Receivables within one year -€21,363
down €21,363 (-65.4%), from €32,675 to €11,312
of which Trade receivables: -€11,658
- Tangible fixed assets -€20,821
down €20,821 (-5.0%), from €413,449 to €392,627
of which Furniture and vehicles: -€13,564
- Reserves -€26,669
down €26,669 (-8.3%), from €319,425 to €292,756
- Other debts +€13,036
up €13,036 (+900%), from €1,449 to €14,485
- Debts after one year -€9,743
down €9,743 (-5.8%), from €169,046 to €159,302
- Tax, wage and social debts +€8,095
up €8,095 (+411%), from €1,968 to €10,062
- Gross operating margin +€35,869
up €35,869 (+231%), from €15,544 to €51,413
- Depreciation +€18,699
up €18,699 (+181%), from €10,332 to €29,031
- Financial charges +€3,512
up €3,512 (+135%), from €2,600 to €6,112
- Taxes +€3,343
up €3,343 (+210%), from €1,589 to €4,932
- Financial income -€2,021
down €2,021 (-78.3%), from €2,580 to €559
of which Non-recurring financial income: -€1,223
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.
Derived cash bridge
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 | €523,884 | €506,579 | -€17,304 | -3.3% |
| Fixed assets | 21/28 | €413,449 | €392,627 | -€20,821 | -5.0% |
| Tangible fixed assets | 22/27 | €413,449 | €392,627 | -€20,821 | -5.0% |
| Land and buildings | 22 | €364,449 | €355,010 | -€9,438 | -2.6% |
| Plant, machinery and equipment | 23 | €1,135 | €1,528 | +€393 | +34.7% |
| Furniture and vehicles | 24 | €34,310 | €20,746 | -€13,564 | -39.5% |
| Other tangible fixed assets | 26 | €13,555 | €15,343 | +€1,787 | +13.2% |
| Current assets | 29/58 | €110,435 | €113,952 | +€3,517 | +3.2% |
| Amounts receivable within one year | 40/41 | €32,675 | €11,312 | -€21,363 | -65.4% |
| Trade receivables | 40 | €22,970 | €11,312 | -€11,658 | -50.8% |
| Other amounts receivable | 41 | €9,705 | - | -€9,705 | |
| Current investments | 50/53 | €15,890 | €15,890 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €61,349 | €85,992 | +€24,643 | +40.2% |
| Deferred charges and accrued income | 490/1 | €521 | €758 | +€237 | +45.5% |
| Total equity and liabilities | 10/49 | €523,884 | €506,579 | -€17,304 | -3.3% |
| Equity | 10/15 | €337,975 | €311,306 | -€26,669 | -7.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €319,425 | €292,756 | -€26,669 | -8.3% |
| Distributable reserves | 133 | €319,425 | €292,756 | -€26,669 | -8.3% |
| Amounts payable | 17/49 | €185,909 | €195,274 | +€9,365 | +5.0% |
| Amounts payable after more than one year | 17 | €169,046 | €159,302 | -€9,743 | -5.8% |
| Financial debts | 170/4 | €169,046 | €159,302 | -€9,743 | -5.8% |
| Amounts payable within one year | 42/48 | €16,423 | €35,933 | +€19,510 | +119% |
| Current portion of amounts payable after more than one year | 42 | €9,418 | €9,743 | +€325 | +3.4% |
| Trade debts | 44 | €3,588 | €1,642 | -€1,946 | -54.2% |
| Suppliers | 440/4 | €3,588 | €1,642 | -€1,946 | -54.2% |
| Taxes, remuneration and social security | 45 | €1,968 | €10,062 | +€8,095 | +411% |
| Taxes | 450/3 | €1,968 | €10,062 | +€8,095 | +411% |
| Other amounts payable | 47/48 | €1,449 | €14,485 | +€13,036 | +900% |
| Accrued charges and deferred income | 492/3 | €440 | €38 | -€402 | -91.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,332 | €29,031 | +€18,699 | +181% |
| Other operating charges | 640/8 | €2,805 | €3,272 | +€467 | +16.6% |
| Gross operating margin | 9900 | €15,544 | €51,413 | +€35,869 | +231% |
| Operating profit (loss) | 9901 | €2,407 | €19,110 | +€16,703 | +694% |
| Financial income | 75/76B | €2,580 | €559 | -€2,021 | -78.3% |
| Recurring financial income | 75 | €1,356 | €559 | -€797 | -58.8% |
| Non-recurring financial income | 76B | €1,223 | - | -€1,223 | |
| Financial charges | 65/66B | €2,600 | €6,112 | +€3,512 | +135% |
| Recurring financial charges | 65 | €2,600 | €6,112 | +€3,512 | +135% |
| Profit (loss) for the period before taxes | 9903 | €2,387 | €13,557 | +€11,170 | +468% |
| Income taxes | 67/77 | €1,589 | €4,932 | +€3,343 | +210% |
| Profit (loss) for the period | 9904 | €798 | €8,625 | +€7,827 | +981% |
| Profit (loss) for the period to be appropriated | 9905 | €798 | €8,625 | +€7,827 | +981% |
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 19 October 2026 via checked.be.