Bamex: 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.
Bamex
Largest movements
- Tangible fixed assets +€30,564
up €30,564 (+453.1%), from €6,745 to €37,309
of which Furniture and vehicles: +€31,831
- Receivables within one year -€1,582
down €1,582 (-10.9%), from €14,540 to €12,958
- Reserves +€35,069
up €35,069 (+42.6%), from €82,314 to €117,383
- Current portion of long-term debt -€5,200
no longer reported in 2025 (was €5,200)
- Other debts -€3,299
down €3,299 (-28.0%), from €11,780 to €8,481
- Tax, wage and social debts +€1,871
up €1,871 (+11.8%), from €15,844 to €17,715
- Gross operating margin -€7,391
down €7,391 (-12.5%), from €59,182 to €51,791
- Depreciation -€1,722
down €1,722 (-18.0%), from €9,572 to €7,850
- Taxes -€1,028
down €1,028 (-10.5%), from €9,808 to €8,781
- Financial charges -€610
down €610 (-75.1%), from €812 to €202
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 | €118,287 | €146,974 | +€28,687 | +24.3% |
| Fixed assets | 21/28 | €6,745 | €37,309 | +€30,564 | +453.1% |
| Tangible fixed assets | 22/27 | €6,745 | €37,309 | +€30,564 | +453.1% |
| Land and buildings | 22 | €1,898 | €632 | -€1,267 | -66.7% |
| Furniture and vehicles | 24 | €4,847 | €36,678 | +€31,831 | +656.7% |
| Current assets | 29/58 | €111,542 | €109,664 | -€1,878 | -1.7% |
| Amounts receivable within one year | 40/41 | €14,540 | €12,958 | -€1,582 | -10.9% |
| Trade receivables | 40 | €14,540 | €12,958 | -€1,582 | -10.9% |
| Cash at bank and in hand | 54/58 | €97,002 | €96,706 | -€295 | -0.3% |
| Total equity and liabilities | 10/49 | €118,287 | €146,974 | +€28,687 | +24.3% |
| Equity | 10/15 | €85,314 | €120,383 | +€35,069 | +41.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €82,314 | €117,383 | +€35,069 | +42.6% |
| Distributable reserves | 133 | €82,314 | €117,383 | +€35,069 | +42.6% |
| Amounts payable | 17/49 | €32,974 | €26,591 | -€6,383 | -19.4% |
| Amounts payable within one year | 42/48 | €32,974 | €26,591 | -€6,383 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €5,200 | - | -€5,200 | |
| Trade debts | 44 | €150 | €395 | +€245 | +163.9% |
| Suppliers | 440/4 | €150 | €395 | +€245 | +163.9% |
| Taxes, remuneration and social security | 45 | €15,844 | €17,715 | +€1,871 | +11.8% |
| Taxes | 450/3 | €15,844 | €17,715 | +€1,871 | +11.8% |
| Other amounts payable | 47/48 | €11,780 | €8,481 | -€3,299 | -28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,572 | €7,850 | -€1,722 | -18.0% |
| Other operating charges | 640/8 | €0 | €88 | +€88 | +17859.2% |
| Gross operating margin | 9900 | €59,182 | €51,791 | -€7,391 | -12.5% |
| Operating profit (loss) | 9901 | €49,609 | €43,852 | -€5,757 | -11.6% |
| Financial income | 75/76B | €0 | €200 | +€200 | +1999900.0% |
| Recurring financial income | 75 | €0 | €200 | +€200 | +1999900.0% |
| Financial charges | 65/66B | €812 | €202 | -€610 | -75.1% |
| Recurring financial charges | 65 | €812 | €202 | -€610 | -75.1% |
| Profit (loss) for the period before taxes | 9903 | €48,797 | €43,850 | -€4,947 | -10.1% |
| Income taxes | 67/77 | €9,808 | €8,781 | -€1,028 | -10.5% |
| Profit (loss) for the period | 9904 | €38,988 | €35,069 | -€3,919 | -10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €38,988 | €35,069 | -€3,919 | -10.1% |
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 3 October 2026 via checked.be.