BaMuSa: 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.
What changed
BaMuSa
NACE 56.301, Cafés and bars
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€22,094
2024 · €29,299-€7,205
Equity
€137,576
2024 · €115,482+€22,094
Cash
€5,585
2024 · €6,477-€892
Balance sheet total
€226,499
2024 · €236,800-€10,301
Largest movements
Assets
- Tangible fixed assets -€11,539
down €11,539 (-6.1%), from €189,342 to €177,803
of which Land and buildings: -€11,396
Equity and liabilities
- Debts after one year -€30,716
down €30,716 (-55.4%), from €55,405 to €24,688
- Reserves +€22,094
up €22,094 (+22.8%), from €96,882 to €118,976
- Advances received +€4,476
new in 2025: €4,476
- Current portion of long-term debt -€4,145
down €4,145 (-14.1%), from €29,341 to €25,196
Income statement
- Gross operating margin -€7,152
down €7,152 (-12.9%), from €55,531 to €48,379
- Taxes +€4,004
up €4,004 (+137%), from €2,930 to €6,934
- Financial charges -€2,803
down €2,803 (-41.4%), from €6,768 to €3,965
- Depreciation -€1,853
down €1,853 (-13.1%), from €14,137 to €12,284
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.
Result 2024
€29,299
Gross operating margin
-€7,152
Staff costs
-€93
Depreciation
+€1,853
Other operating charges
+€545
Other operating items
-€1,105
Financial income
-€51
Financial charges
+€2,803
Taxes
-€4,004
Result 2025
€22,094
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€34,039
Investment
-€70
Financing
-€34,861
Cash 2024
€6,477
From operations (derived)
+€34,039
Net result for the year
+€22,094
Depreciation
+€12,284
Stocks and contracts
+€270
Receivables within one year
-€2,154
Deferred charges and accrued income
-€922
Trade debts
-€2,079
Tax, wage and social debts
+€75
Advances received
+€4,476
Other debts
-€1,165
Accrued charges and deferred income
+€1,160
Investment (derived)
-€70
Investment in fixed assets (net)
-€70
Financing
-€34,861
Debts after one year
-€30,716
Current portion of long-term debt
-€4,145
Cash 2025
€5,585
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €236,800 | €226,499 | -€10,301 | -4.3% |
| Fixed assets | 21/28 | €190,017 | €177,803 | -€12,214 | -6.4% |
| Intangible fixed assets | 21 | €675 | - | -€675 | |
| Tangible fixed assets | 22/27 | €189,342 | €177,803 | -€11,539 | -6.1% |
| Land and buildings | 22 | €187,449 | €176,053 | -€11,396 | -6.1% |
| Plant, machinery and equipment | 23 | €1,464 | €1,750 | +€286 | +19.6% |
| Furniture and vehicles | 24 | €429 | - | -€429 | |
| Current assets | 29/58 | €46,783 | €48,696 | +€1,914 | +4.1% |
| Stocks and contracts in progress | 3 | €4,589 | €4,319 | -€270 | -5.9% |
| Stocks | 30/36 | €4,589 | €4,319 | -€270 | -5.9% |
| Amounts receivable within one year | 40/41 | €35,124 | €37,278 | +€2,154 | +6.1% |
| Trade receivables | 40 | €3,522 | €2,316 | -€1,206 | -34.3% |
| Other amounts receivable | 41 | €31,602 | €34,963 | +€3,361 | +10.6% |
| Cash at bank and in hand | 54/58 | €6,477 | €5,585 | -€892 | -13.8% |
| Deferred charges and accrued income | 490/1 | €592 | €1,514 | +€922 | +156% |
| Total equity and liabilities | 10/49 | €236,800 | €226,499 | -€10,301 | -4.3% |
| Equity | 10/15 | €115,482 | €137,576 | +€22,094 | +19.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €96,882 | €118,976 | +€22,094 | +22.8% |
| Distributable reserves | 133 | €96,882 | €118,976 | +€22,094 | +22.8% |
| Amounts payable | 17/49 | €121,317 | €88,923 | -€32,394 | -26.7% |
| Amounts payable after more than one year | 17 | €55,405 | €24,688 | -€30,716 | -55.4% |
| Financial debts | 170/4 | €55,405 | €24,688 | -€30,716 | -55.4% |
| Amounts payable within one year | 42/48 | €65,871 | €63,034 | -€2,837 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €29,341 | €25,196 | -€4,145 | -14.1% |
| Trade debts | 44 | €8,931 | €6,853 | -€2,079 | -23.3% |
| Suppliers | 440/4 | €8,931 | €6,853 | -€2,079 | -23.3% |
| Advances received on contracts in progress | 46 | - | €4,476 | +€4,476 | |
| Taxes, remuneration and social security | 45 | €14,923 | €14,998 | +€75 | +0.5% |
| Taxes | 450/3 | €13,223 | €14,998 | +€1,775 | +13.4% |
| Remuneration and social security | 454/9 | €1,700 | - | -€1,700 | |
| Other amounts payable | 47/48 | €12,675 | €11,511 | -€1,165 | -9.2% |
| Accrued charges and deferred income | 492/3 | €41 | €1,201 | +€1,160 | +2,811% |
| Remuneration, social security and pensions | 62 | -€93 | - | +€93 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,137 | €12,284 | -€1,853 | -13.1% |
| Other operating charges | 640/8 | €4,300 | €3,755 | -€545 | -12.7% |
| Non-recurring operating charges | 66A | - | €1,105 | +€1,105 | |
| Gross operating margin | 9900 | €55,531 | €48,379 | -€7,152 | -12.9% |
| Operating profit (loss) | 9901 | €37,188 | €31,234 | -€5,953 | -16.0% |
| Financial income | 75/76B | €1,810 | €1,758 | -€51 | -2.8% |
| Recurring financial income | 75 | €1,810 | €1,758 | -€51 | -2.8% |
| Financial charges | 65/66B | €6,768 | €3,965 | -€2,803 | -41.4% |
| Recurring financial charges | 65 | €6,768 | €3,965 | -€2,803 | -41.4% |
| Profit (loss) for the period before taxes | 9903 | €32,229 | €29,027 | -€3,202 | -9.9% |
| Income taxes | 67/77 | €2,930 | €6,934 | +€4,004 | +137% |
| Profit (loss) for the period | 9904 | €29,299 | €22,094 | -€7,205 | -24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,299 | €22,094 | -€7,205 | -24.6% |
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 20 October 2026 via checked.be.