BAMI INVEST: 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.
BAMI INVEST
Largest movements
- Receivables after one year +€174,227
new in 2025: €174,227
- Receivables within one year -€171,377
down €171,377 (-37.1%), from €462,226 to €290,849
of which Other amounts receivable: -€171,377
- Cash +€65,602
up €65,602 (+2,414%), from €2,717 to €68,319
mainly Receivables within one year (+€171,377) and Net result for the year (+€143,080)
- Deferred charges and accrued income +€50,032
up €50,032 (+5,171%), from €968 to €51,000
- Tangible fixed assets -€28,656
down €28,656 (-4.4%), from €647,167 to €618,511
of which Leasing and similar rights: -€20,899
- Reserves +€120,238
up €120,238 (+35.2%), from €341,940 to €462,177
of which Distributable reserves: +€128,790
- Other debts +€38,754
up €38,754 (+164%), from €23,668 to €62,422
- Trade debts -€30,577
down €30,577 (-96.9%), from €31,566 to €989
- Current portion of long-term debt -€16,458
down €16,458 (-65.5%), from €25,117 to €8,659
- Debts after one year -€16,353
down €16,353 (-2.2%), from €756,245 to €739,892
- Financial income +€158,428
up €158,428 (+1,094%), from €14,487 to €172,916
- Taxes -€44,472
down €44,472 (-70.8%), from €62,777 to €18,305
- Gross operating margin -€7,767
down €7,767 (-16.0%), from €48,499 to €40,732
- Other operating charges +€2,358
up €2,358 (+68.0%), from €3,471 to €5,829
- Financial charges -€1,356
down €1,356 (-7.8%), from €17,436 to €16,080
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 | €1,272,378 | €1,354,595 | +€82,216 | +6.5% |
| Fixed assets | 21/28 | €806,467 | €770,200 | -€36,267 | -4.5% |
| Tangible fixed assets | 22/27 | €647,167 | €618,511 | -€28,656 | -4.4% |
| Land and buildings | 22 | €613,807 | €594,661 | -€19,145 | -3.1% |
| Furniture and vehicles | 24 | €3,203 | €11,201 | +€7,998 | +250% |
| Leasing and similar rights | 25 | €20,899 | - | -€20,899 | |
| Other tangible fixed assets | 26 | €9,258 | €12,649 | +€3,390 | +36.6% |
| Financial fixed assets | 28 | €159,300 | €151,688 | -€7,612 | -4.8% |
| Current assets | 29/58 | €465,911 | €584,395 | +€118,484 | +25.4% |
| Amounts receivable after more than one year | 29 | - | €174,227 | +€174,227 | |
| Other amounts receivable | 291 | - | €174,227 | +€174,227 | |
| Amounts receivable within one year | 40/41 | €462,226 | €290,849 | -€171,377 | -37.1% |
| Trade receivables | 40 | €968 | €968 | = | 0.0% |
| Other amounts receivable | 41 | €461,258 | €289,881 | -€171,377 | -37.2% |
| Cash at bank and in hand | 54/58 | €2,717 | €68,319 | +€65,602 | +2,414% |
| Deferred charges and accrued income | 490/1 | €968 | €51,000 | +€50,032 | +5,171% |
| Total equity and liabilities | 10/49 | €1,272,378 | €1,354,595 | +€82,216 | +6.5% |
| Equity | 10/15 | €360,532 | €480,769 | +€120,238 | +33.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Share premium | 1100/10 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €341,940 | €462,177 | +€120,238 | +35.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €67,690 | €59,137 | -€8,553 | -12.6% |
| Distributable reserves | 133 | €272,391 | €401,181 | +€128,790 | +47.3% |
| Provisions and deferred taxes | 16 | €13,399 | €9,187 | -€4,213 | -31.4% |
| Deferred taxes | 168 | €13,399 | €9,187 | -€4,213 | -31.4% |
| Amounts payable | 17/49 | €898,448 | €864,639 | -€33,809 | -3.8% |
| Amounts payable after more than one year | 17 | €756,245 | €739,892 | -€16,353 | -2.2% |
| Financial debts | 170/4 | €756,245 | €739,892 | -€16,353 | -2.2% |
| Amounts payable within one year | 42/48 | €140,018 | €122,674 | -€17,344 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €25,117 | €8,659 | -€16,458 | -65.5% |
| Financial debts | 43 | €8,067 | - | -€8,067 | |
| Credit institutions | 430/8 | €8,067 | - | -€8,067 | |
| Trade debts | 44 | €31,566 | €989 | -€30,577 | -96.9% |
| Suppliers | 440/4 | €31,566 | €989 | -€30,577 | -96.9% |
| Taxes, remuneration and social security | 45 | €51,601 | €50,604 | -€997 | -1.9% |
| Taxes | 450/3 | €51,601 | €50,604 | -€997 | -1.9% |
| Other amounts payable | 47/48 | €23,668 | €62,422 | +€38,754 | +164% |
| Accrued charges and deferred income | 492/3 | €2,184 | €2,073 | -€111 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,591 | €34,408 | +€817 | +2.4% |
| Other operating charges | 640/8 | €3,471 | €5,829 | +€2,358 | +68.0% |
| Gross operating margin | 9900 | €48,499 | €40,732 | -€7,767 | -16.0% |
| Operating profit (loss) | 9901 | €11,437 | €494 | -€10,943 | -95.7% |
| Financial income | 75/76B | €14,487 | €172,916 | +€158,428 | +1,094% |
| Recurring financial income | 75 | €14,487 | €172,916 | +€158,428 | +1,094% |
| Financial charges | 65/66B | €17,436 | €16,080 | -€1,356 | -7.8% |
| Recurring financial charges | 65 | €17,436 | €16,080 | -€1,356 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €8,489 | €157,331 | +€148,842 | +1,753% |
| Transfer from deferred taxes | 780 | €47,092 | €4,055 | -€43,037 | -91.4% |
| Income taxes | 67/77 | €62,777 | €18,305 | -€44,472 | -70.8% |
| Profit (loss) for the period | 9904 | -€7,197 | €143,080 | +€150,277 | |
| Transfer from tax-exempt reserves | 789 | €132,551 | €8,711 | -€123,840 | -93.4% |
| Profit (loss) for the period to be appropriated | 9905 | €125,354 | €151,790 | +€26,437 | +21.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.