BAMS17: 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.
BAMS17
Largest movements
- Intangible fixed assets -€7,519
down €7,519 (-17.3%), from €43,584 to €36,065
- Tangible fixed assets -€3,549
down €3,549 (-3.5%), from €100,043 to €96,495
of which Furniture and vehicles: -€2,428
- Receivables within one year +€2,595
new in 2025: €2,595
- Cash +€2,407
up €2,407 (+55.8%), from €4,310 to €6,718
mainly Depreciation (+€25,096) and Net result for the year (+€18,372)
- Reserves +€18,372
up €18,372 (+45.8%), from €40,108 to €58,479
- Other debts -€17,112
down €17,112 (-46.8%), from €36,602 to €19,490
- Debts after one year -€16,648
down €16,648 (-48.9%), from €34,059 to €17,411
- Tax, wage and social debts +€6,990
up €6,990 (+95.4%), from €7,327 to €14,317
of which Taxes: +€7,844
- Trade debts +€1,856
up €1,856 (+22.2%), from €8,345 to €10,201
- Gross operating margin +€32,310
up €32,310 (+99.0%), from €32,633 to €64,942
- Taxes +€7,846
up €7,846 (+1309.6%), from €599 to €8,445
- Depreciation +€1,163
up €1,163 (+4.9%), from €23,934 to €25,096
- Financial charges +€757
up €757 (+22.8%), from €3,321 to €4,078
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 | €148,586 | €142,747 | -€5,839 | -3.9% |
| Fixed assets | 21/28 | €143,627 | €132,560 | -€11,068 | -7.7% |
| Intangible fixed assets | 21 | €43,584 | €36,065 | -€7,519 | -17.3% |
| Tangible fixed assets | 22/27 | €100,043 | €96,495 | -€3,549 | -3.5% |
| Plant, machinery and equipment | 23 | €97,070 | €95,949 | -€1,120 | -1.2% |
| Furniture and vehicles | 24 | €2,974 | €546 | -€2,428 | -81.7% |
| Current assets | 29/58 | €4,959 | €10,187 | +€5,228 | +105.4% |
| Stocks and contracts in progress | 3 | €648 | €875 | +€226 | +34.9% |
| Stocks | 30/36 | €648 | €875 | +€226 | +34.9% |
| Amounts receivable within one year | 40/41 | - | €2,595 | +€2,595 | |
| Trade receivables | 40 | - | €2,595 | +€2,595 | |
| Cash at bank and in hand | 54/58 | €4,310 | €6,718 | +€2,407 | +55.8% |
| Total equity and liabilities | 10/49 | €148,586 | €142,747 | -€5,839 | -3.9% |
| Equity | 10/15 | €46,308 | €64,679 | +€18,372 | +39.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €40,108 | €58,479 | +€18,372 | +45.8% |
| Distributable reserves | 133 | €40,108 | €58,479 | +€18,372 | +45.8% |
| Amounts payable | 17/49 | €102,278 | €78,068 | -€24,211 | -23.7% |
| Amounts payable after more than one year | 17 | €34,059 | €17,411 | -€16,648 | -48.9% |
| Financial debts | 170/4 | €34,059 | €17,411 | -€16,648 | -48.9% |
| Amounts payable within one year | 42/48 | €68,219 | €60,657 | -€7,563 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €15,945 | €16,648 | +€703 | +4.4% |
| Trade debts | 44 | €8,345 | €10,201 | +€1,856 | +22.2% |
| Suppliers | 440/4 | €8,345 | €10,201 | +€1,856 | +22.2% |
| Taxes, remuneration and social security | 45 | €7,327 | €14,317 | +€6,990 | +95.4% |
| Taxes | 450/3 | €5,389 | €13,232 | +€7,844 | +145.6% |
| Remuneration and social security | 454/9 | €1,938 | €1,085 | -€853 | -44.0% |
| Other amounts payable | 47/48 | €36,602 | €19,490 | -€17,112 | -46.8% |
| Remuneration, social security and pensions | 62 | €7,749 | €7,632 | -€117 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,934 | €25,096 | +€1,163 | +4.9% |
| Other operating charges | 640/8 | €1,154 | €1,319 | +€165 | +14.3% |
| Gross operating margin | 9900 | €32,633 | €64,942 | +€32,310 | +99.0% |
| Operating profit (loss) | 9901 | -€204 | €30,895 | +€31,099 | |
| Financial charges | 65/66B | €3,321 | €4,078 | +€757 | +22.8% |
| Recurring financial charges | 65 | €3,321 | €4,078 | +€757 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,525 | €26,816 | +€30,342 | |
| Income taxes | 67/77 | €599 | €8,445 | +€7,846 | +1309.6% |
| Profit (loss) for the period | 9904 | -€4,124 | €18,372 | +€22,496 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,124 | €18,372 | +€22,496 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.