BAMS: what changed
BAMS
Largest movements
- Stocks and contracts -€16,897
down €16,897 (-55.3%), from €30,567 to €13,670
- Deferred charges and accrued income -€3,469
no longer reported in 2025 (was €3,469)
- Tangible fixed assets -€3,247
down €3,247 (-44.4%), from €7,312 to €4,065
- Receivables within one year +€2,696
up €2,696 (+133%), from €2,020 to €4,716
of which Trade receivables: +€3,195
- Profit (loss) carried forward -€43,060
down €43,060 (-126%), from -€34,200 to -€77,261
- Other debts +€26,196
up €26,196 (+95.8%), from €27,345 to €53,541
- Trade debts -€15,047
down €15,047 (-71.2%), from €21,131 to €6,084
- Short-term financial debts +€10,747
up €10,747 (+180%), from €5,956 to €16,703
- Gross operating margin -€43,695
down €43,695, from €31,094 to -€12,601
- Staff costs -€14,443
down €14,443 (-37.9%), from €38,159 to €23,715
- Other operating charges -€3,035
down €3,035 (-46.2%), from €6,575 to €3,541
- Financial income +€1,874
new in 2025: €1,874
of which Financial income: +€1,874
- Depreciation +€505
up €505 (+18.4%), from €2,742 to €3,247
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,368 | €22,451 | -€20,918 | -48.2% |
| Fixed assets | 21/28 | €7,312 | €4,065 | -€3,247 | -44.4% |
| Tangible fixed assets | 22/27 | €7,312 | €4,065 | -€3,247 | -44.4% |
| Land and buildings | 22 | €282 | - | -€282 | |
| Plant, machinery and equipment | 23 | €5,586 | €4,065 | -€1,520 | -27.2% |
| Furniture and vehicles | 24 | €1,445 | - | -€1,445 | |
| Current assets | 29/58 | €36,056 | €18,385 | -€17,671 | -49.0% |
| Stocks and contracts in progress | 3 | €30,567 | €13,670 | -€16,897 | -55.3% |
| Stocks | 30/36 | €30,567 | €13,670 | -€16,897 | -55.3% |
| Amounts receivable within one year | 40/41 | €2,020 | €4,716 | +€2,696 | +133% |
| Trade receivables | 40 | €620 | €3,815 | +€3,195 | +515% |
| Other amounts receivable | 41 | €1,400 | €901 | -€499 | -35.6% |
| Deferred charges and accrued income | 490/1 | €3,469 | - | -€3,469 | |
| Total equity and liabilities | 10/49 | €43,368 | €22,451 | -€20,918 | -48.2% |
| Equity | 10/15 | -€13,361 | -€56,421 | -€43,060 | -322% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,200 | -€77,261 | -€43,060 | -126% |
| Investment grants | 15 | €388 | €388 | = | 0.0% |
| Amounts payable | 17/49 | €56,729 | €78,872 | +€22,143 | +39.0% |
| Amounts payable within one year | 42/48 | €56,729 | €78,865 | +€22,136 | +39.0% |
| Financial debts | 43 | €5,956 | €16,703 | +€10,747 | +180% |
| Credit institutions | 430/8 | €5,956 | €16,703 | +€10,747 | +180% |
| Trade debts | 44 | €21,131 | €6,084 | -€15,047 | -71.2% |
| Suppliers | 440/4 | €21,131 | €6,084 | -€15,047 | -71.2% |
| Taxes, remuneration and social security | 45 | €2,298 | €2,536 | +€239 | +10.4% |
| Taxes | 450/3 | €955 | €2,536 | +€1,582 | +166% |
| Remuneration and social security | 454/9 | €1,343 | - | -€1,343 | |
| Other amounts payable | 47/48 | €27,345 | €53,541 | +€26,196 | +95.8% |
| Accrued charges and deferred income | 492/3 | - | €6 | +€6 | |
| Non-recurring operating income | 76A | €1,950 | - | -€1,950 | |
| Remuneration, social security and pensions | 62 | €38,159 | €23,715 | -€14,443 | -37.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,742 | €3,247 | +€505 | +18.4% |
| Other operating charges | 640/8 | €6,575 | €3,541 | -€3,035 | -46.2% |
| Gross operating margin | 9900 | €31,094 | -€12,601 | -€43,695 | |
| Operating profit (loss) | 9901 | -€16,382 | -€43,104 | -€26,722 | -163% |
| Financial income | 75/76B | - | €1,874 | +€1,874 | |
| Recurring financial income | 75 | - | €1,874 | +€1,874 | |
| Non-recurring financial income | 76B | - | €1,874 | +€1,874 | |
| Financial charges | 65/66B | €1,415 | €1,290 | -€126 | -8.9% |
| Recurring financial charges | 65 | €1,415 | €1,290 | -€126 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | -€17,797 | -€42,520 | -€24,722 | -139% |
| Income taxes | 67/77 | €280 | €541 | +€261 | +93.2% |
| Profit (loss) for the period | 9904 | -€18,077 | -€43,060 | -€24,983 | -138% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,077 | -€43,060 | -€24,983 | -138% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.