BAMEA: 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.
BAMEA
Largest movements
- Receivables within one year -€48,789
down €48,789 (-32.6%), from €149,728 to €100,939
of which Other amounts receivable: -€38,102
- Cash +€24,666
up €24,666 (+45.8%), from €53,854 to €78,520
mainly Net result for the year (+€49,799) and Receivables within one year (+€48,789)
- Tangible fixed assets -€3,760
down €3,760 (-12.8%), from €29,450 to €25,690
of which Land and buildings: -€5,257
- Reserves -€27,762
down €27,762 (-16.9%), from €163,900 to €136,138
- Tax, wage and social debts -€7,683
down €7,683 (-26.8%), from €28,619 to €20,936
of which Taxes: -€5,183
- Other debts +€7,031
up €7,031 (+27.6%), from €25,445 to €32,477
- Gross operating margin +€9,837
up €9,837 (+15.2%), from €64,923 to €74,760
- Taxes +€3,022
up €3,022 (+19.1%), from €15,833 to €18,854
- Write-downs -€1,367
no longer reported in 2025 (was €1,367)
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 | €236,982 | €208,715 | -€28,266 | -11.9% |
| Fixed assets | 21/28 | €29,450 | €25,690 | -€3,760 | -12.8% |
| Tangible fixed assets | 22/27 | €29,450 | €25,690 | -€3,760 | -12.8% |
| Land and buildings | 22 | €15,771 | €10,514 | -€5,257 | -33.3% |
| Plant, machinery and equipment | 23 | €8,195 | €10,892 | +€2,698 | +32.9% |
| Furniture and vehicles | 24 | €5,484 | €4,283 | -€1,201 | -21.9% |
| Current assets | 29/58 | €207,532 | €183,026 | -€24,506 | -11.8% |
| Stocks and contracts in progress | 3 | €3,618 | €3,231 | -€388 | -10.7% |
| Stocks | 30/36 | €3,618 | €3,231 | -€388 | -10.7% |
| Amounts receivable within one year | 40/41 | €149,728 | €100,939 | -€48,789 | -32.6% |
| Trade receivables | 40 | €43,619 | €32,932 | -€10,686 | -24.5% |
| Other amounts receivable | 41 | €106,109 | €68,007 | -€38,102 | -35.9% |
| Cash at bank and in hand | 54/58 | €53,854 | €78,520 | +€24,666 | +45.8% |
| Deferred charges and accrued income | 490/1 | €331 | €335 | +€4 | +1.3% |
| Total equity and liabilities | 10/49 | €236,982 | €208,715 | -€28,266 | -11.9% |
| Equity | 10/15 | €182,500 | €154,738 | -€27,762 | -15.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €163,900 | €136,138 | -€27,762 | -16.9% |
| Distributable reserves | 133 | €163,900 | €136,138 | -€27,762 | -16.9% |
| Amounts payable | 17/49 | €54,482 | €53,978 | -€504 | -0.9% |
| Amounts payable within one year | 42/48 | €54,482 | €53,978 | -€504 | -0.9% |
| Trade debts | 44 | €417 | €565 | +€148 | +35.4% |
| Suppliers | 440/4 | €417 | €565 | +€148 | +35.4% |
| Taxes, remuneration and social security | 45 | €28,619 | €20,936 | -€7,683 | -26.8% |
| Taxes | 450/3 | €26,119 | €20,936 | -€5,183 | -19.8% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €25,445 | €32,477 | +€7,031 | +27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,155 | €9,895 | -€260 | -2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,367 | - | -€1,367 | |
| Other operating charges | 640/8 | €1,105 | €1,140 | +€35 | +3.2% |
| Gross operating margin | 9900 | €64,923 | €74,760 | +€9,837 | +15.2% |
| Operating profit (loss) | 9901 | €52,297 | €63,725 | +€11,428 | +21.9% |
| Financial income | 75/76B | €5,535 | €5,633 | +€98 | +1.8% |
| Recurring financial income | 75 | €5,535 | €5,633 | +€98 | +1.8% |
| Financial charges | 65/66B | €580 | €704 | +€124 | +21.4% |
| Recurring financial charges | 65 | €580 | €704 | +€124 | +21.4% |
| Profit (loss) for the period before taxes | 9903 | €57,252 | €68,653 | +€11,401 | +19.9% |
| Income taxes | 67/77 | €15,833 | €18,854 | +€3,022 | +19.1% |
| Profit (loss) for the period | 9904 | €41,419 | €49,799 | +€8,380 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,419 | €49,799 | +€8,380 | +20.2% |
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.