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BAMOFISC: 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.

What changed

BAMOFISC

BE 0811.368.673
NACE 69.201, Certified accountants and tax accountants
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€107,373
2024 · €230,127-€122,753
Equity
€812,281
2024 · €643,423+€168,857
Cash
€85,164
2024 · €422,868-€337,704
Balance sheet total
€1.6m
2024 · €1.4m+€153,997

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€447,349

    up €447,349 (+102.0%), from €438,756 to €886,105

    of which Land and buildings: +€452,131

  • Cash -€337,704

    down €337,704 (-79.9%), from €422,868 to €85,164

    mainly Investment in fixed assets (net) (-€534,815) and Receivables within one year (-€25,091)

  • Receivables within one year +€25,091

    up €25,091 (+23.7%), from €105,874 to €130,965

    of which Other amounts receivable: +€26,865

  • Deferred charges and accrued income +€19,262

    up €19,262 (+380662.3%), from €5 to €19,267

Equity and liabilities
  • Reserves +€168,857

    up €168,857 (+30.5%), from €554,224 to €723,081

    of which Distributable reserves: +€105,707

Income statement
  • Gross operating margin -€93,075

    down €93,075 (-21.5%), from €432,422 to €339,347

  • Taxes -€36,315

    down €36,315 (-34.6%), from €104,834 to €68,518

  • Depreciation +€18,935

    up €18,935 (+27.6%), from €68,531 to €87,466

  • Financial income +€18,715

    up €18,715 (+20627.4%), from €91 to €18,806

  • Financial charges +€5,829

    up €5,829 (+27.8%), from €21,004 to €26,833

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €230,127
Gross operating margin -€93,075
Staff costs +€62
Depreciation -€18,935
Other operating charges +€3,144
Financial income +€18,715
Financial charges -€5,829
Taxes +€36,315
Deferred taxes and other -€63,150
Result 2025 €107,373

Cash bridge derived

cash 2024 to 2025

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.

From operations +€127,302
Investment -€534,815
Financing +€69,809
Cash 2024 €422,868
Net result for the year +€107,373
Depreciation +€87,466
Receivables within one year -€25,091
Deferred charges and accrued income -€19,262
Trade debts +€1,473
Tax, wage and social debts -€13,220
Other debts -€13,182
Accrued charges and deferred income +€1,745
Investment in fixed assets (net) -€534,815
Debts after one year +€7,016
Current portion of long-term debt +€1,309
Contributions, distributions and other +€61,484
Cash 2025 €85,164
Every line side by side 53 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,405,310 €1,559,307 +€153,997 +11.0%
Formation expenses 20 €0 €0 =
Fixed assets 21/28 €643,563 €1,090,912 +€447,349 +69.5%
Tangible fixed assets 22/27 €438,756 €886,105 +€447,349 +102.0%
Land and buildings 22 €369,165 €821,296 +€452,131 +122.5%
Plant, machinery and equipment 23 €0 €0 =
Furniture and vehicles 24 €0 €0 =
Other tangible fixed assets 26 €69,591 €64,809 -€4,782 -6.9%
Financial fixed assets 28 €204,807 €204,807 = 0.0%
Current assets 29/58 €761,747 €468,395 -€293,352 -38.5%
Amounts receivable within one year 40/41 €105,874 €130,965 +€25,091 +23.7%
Trade receivables 40 €1,774 - -€1,774
Other amounts receivable 41 €104,100 €130,965 +€26,865 +25.8%
Current investments 50/53 €233,000 €233,000 = 0.0%
Cash at bank and in hand 54/58 €422,868 €85,164 -€337,704 -79.9%
Deferred charges and accrued income 490/1 €5 €19,267 +€19,262 +380662.3%
Total equity and liabilities 10/49 €1,405,310 €1,559,307 +€153,997 +11.0%
Equity 10/15 €643,423 €812,281 +€168,857 +26.2%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €554,224 €723,081 +€168,857 +30.5%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Tax-exempt reserves 132 - €63,150 +€63,150
Distributable reserves 133 €552,364 €658,071 +€105,707 +19.1%
Profit (loss) carried forward 14 €70,600 €70,600 = 0.0%
Amounts payable 17/49 €761,887 €747,027 -€14,860 -2.0%
Amounts payable after more than one year 17 €577,916 €584,931 +€7,016 +1.2%
Financial debts 170/4 €577,916 €584,931 +€7,016 +1.2%
Amounts payable within one year 42/48 €173,394 €149,774 -€23,620 -13.6%
Current portion of amounts payable after more than one year 42 €36,675 €37,984 +€1,309 +3.6%
Financial debts 43 €30,000 €30,000 = 0.0%
Credit institutions 430/8 €30,000 €30,000 = 0.0%
Trade debts 44 €10,203 €11,675 +€1,473 +14.4%
Suppliers 440/4 €10,203 €11,675 +€1,473 +14.4%
Taxes, remuneration and social security 45 €62,710 €49,490 -€13,220 -21.1%
Taxes 450/3 €62,710 €49,490 -€13,220 -21.1%
Other amounts payable 47/48 €33,807 €20,625 -€13,182 -39.0%
Accrued charges and deferred income 492/3 €10,577 €12,322 +€1,745 +16.5%
Non-recurring operating income 76A €136,489 - -€136,489
Remuneration, social security and pensions 62 €85 €23 -€62 -72.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €68,531 €87,466 +€18,935 +27.6%
Other operating charges 640/8 €7,932 €4,788 -€3,144 -39.6%
Gross operating margin 9900 €432,422 €339,347 -€93,075 -21.5%
Operating profit (loss) 9901 €355,874 €247,069 -€108,805 -30.6%
Financial income 75/76B €91 €18,806 +€18,715 +20627.4%
Recurring financial income 75 €91 €18,806 +€18,715 +20627.4%
Financial charges 65/66B €21,004 €26,833 +€5,829 +27.8%
Recurring financial charges 65 €21,004 €26,833 +€5,829 +27.8%
Profit (loss) for the period before taxes 9903 €334,960 €239,042 -€95,919 -28.6%
Transfer to deferred taxes 680 - €63,150 +€63,150
Income taxes 67/77 €104,834 €68,518 -€36,315 -34.6%
Profit (loss) for the period 9904 €230,127 €107,373 -€122,753 -53.3%
Profit (loss) for the period to be appropriated 9905 €230,127 €107,373 -€122,753 -53.3%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.