BAMS.: 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.
BAMS.
Largest movements
- Receivables after one year -€116,790
down €116,790 (-77.2%), from €151,202 to €34,412
- Cash +€108,120
up €108,120 (+106%), from €101,535 to €209,655
mainly Short-term financial debts (+€125,000) and Receivables after one year (+€116,790)
- Tangible fixed assets -€35,870
down €35,870 (-28.6%), from €125,567 to €89,697
of which Furniture and vehicles: -€34,170
- Receivables within one year +€20,389
up €20,389 (+3.6%), from €567,674 to €588,063
of which Other amounts receivable: +€37,292
- Current portion of long-term debt -€141,987
down €141,987 (-85.5%), from €166,035 to €24,047
- Short-term financial debts +€125,000
new in 2024: €125,000
- Other debts +€53,700
up €53,700 (+93.7%), from €57,300 to €111,000
- Tax, wage and social debts -€43,190
down €43,190 (-35.0%), from €123,286 to €80,096
of which Taxes: -€33,692
- Profit (loss) carried forward +€35,149
up €35,149 (+9.7%), from €360,718 to €395,867
- Gross operating margin -€203,458
down €203,458 (-53.2%), from €382,257 to €178,799
- Staff costs -€79,504
down €79,504 (-57.9%), from €137,409 to €57,904
- Taxes -€33,326
down €33,326 (-66.5%), from €50,107 to €16,781
- Depreciation -€17,714
down €17,714 (-33.1%), from €53,584 to €35,870
- Other operating charges +€4,675
up €4,675 (+78.0%), from €5,997 to €10,672
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,276,502 | €1,259,455 | -€17,047 | -1.3% |
| Fixed assets | 21/28 | €274,390 | €238,520 | -€35,870 | -13.1% |
| Tangible fixed assets | 22/27 | €125,567 | €89,697 | -€35,870 | -28.6% |
| Plant, machinery and equipment | 23 | €4,645 | €2,945 | -€1,700 | -36.6% |
| Furniture and vehicles | 24 | €120,922 | €86,752 | -€34,170 | -28.3% |
| Financial fixed assets | 28 | €148,823 | €148,823 | = | 0.0% |
| Current assets | 29/58 | €1,002,112 | €1,020,936 | +€18,823 | +1.9% |
| Amounts receivable after more than one year | 29 | €151,202 | €34,412 | -€116,790 | -77.2% |
| Other amounts receivable | 291 | €151,202 | €34,412 | -€116,790 | -77.2% |
| Stocks and contracts in progress | 3 | €139,062 | €149,212 | +€10,151 | +7.3% |
| Stocks | 30/36 | €139,062 | €149,212 | +€10,151 | +7.3% |
| Amounts receivable within one year | 40/41 | €567,674 | €588,063 | +€20,389 | +3.6% |
| Trade receivables | 40 | €501,104 | €484,200 | -€16,903 | -3.4% |
| Other amounts receivable | 41 | €66,571 | €103,863 | +€37,292 | +56.0% |
| Cash at bank and in hand | 54/58 | €101,535 | €209,655 | +€108,120 | +106% |
| Deferred charges and accrued income | 490/1 | €42,640 | €39,594 | -€3,046 | -7.1% |
| Total equity and liabilities | 10/49 | €1,276,502 | €1,259,455 | -€17,047 | -1.3% |
| Equity | 10/15 | €431,181 | €466,330 | +€35,149 | +8.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,863 | €51,863 | = | 0.0% |
| Non-distributable reserves | 130/1 | €51,863 | €51,863 | = | 0.0% |
| Legal reserve | 130 | €51,863 | €51,863 | = | 0.0% |
| Profit (loss) carried forward | 14 | €360,718 | €395,867 | +€35,149 | +9.7% |
| Amounts payable | 17/49 | €845,322 | €793,126 | -€52,196 | -6.2% |
| Amounts payable after more than one year | 17 | €64,867 | €40,820 | -€24,047 | -37.1% |
| Financial debts | 170/4 | €64,867 | €40,820 | -€24,047 | -37.1% |
| Amounts payable within one year | 42/48 | €780,454 | €752,306 | -€28,149 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €166,035 | €24,047 | -€141,987 | -85.5% |
| Financial debts | 43 | - | €125,000 | +€125,000 | |
| Credit institutions | 430/8 | - | €125,000 | +€125,000 | |
| Trade debts | 44 | €433,833 | €412,162 | -€21,671 | -5.0% |
| Suppliers | 440/4 | €433,833 | €412,162 | -€21,671 | -5.0% |
| Taxes, remuneration and social security | 45 | €123,286 | €80,096 | -€43,190 | -35.0% |
| Taxes | 450/3 | €102,287 | €68,595 | -€33,692 | -32.9% |
| Remuneration and social security | 454/9 | €20,999 | €11,501 | -€9,498 | -45.2% |
| Other amounts payable | 47/48 | €57,300 | €111,000 | +€53,700 | +93.7% |
| Non-recurring operating income | 76A | €397 | - | -€397 | |
| Remuneration, social security and pensions | 62 | €137,409 | €57,904 | -€79,504 | -57.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,584 | €35,870 | -€17,714 | -33.1% |
| Other operating charges | 640/8 | €5,997 | €10,672 | +€4,675 | +78.0% |
| Gross operating margin | 9900 | €382,257 | €178,799 | -€203,458 | -53.2% |
| Operating profit (loss) | 9901 | €185,267 | €74,352 | -€110,915 | -59.9% |
| Financial income | 75/76B | €1 | €144 | +€143 | +13,792% |
| Recurring financial income | 75 | €1 | €144 | +€143 | +13,792% |
| Financial charges | 65/66B | €19,977 | €22,566 | +€2,589 | +13.0% |
| Recurring financial charges | 65 | €19,977 | €22,566 | +€2,589 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €165,291 | €51,930 | -€113,361 | -68.6% |
| Income taxes | 67/77 | €50,107 | €16,781 | -€33,326 | -66.5% |
| Profit (loss) for the period | 9904 | €115,184 | €35,149 | -€80,035 | -69.5% |
| Profit (loss) for the period to be appropriated | 9905 | €115,184 | €35,149 | -€80,035 | -69.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.