BBAM: 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.
BBAM
Largest movements
- Cash +€64,766
up €64,766 (+176.6%), from €36,667 to €101,432
mainly Net result for the year (+€30,181) and Tax, wage and social debts (+€16,561)
- Receivables within one year -€14,910
down €14,910 (-53.9%), from €27,670 to €12,760
of which Other amounts receivable: -€13,700
- Tangible fixed assets -€12,893
down €12,893 (-20.9%), from €61,701 to €48,808
- Deferred charges and accrued income -€1,725
no longer reported in 2025 (was €1,725)
- Reserves +€30,181
up €30,181 (+54.8%), from €55,039 to €85,220
- Tax, wage and social debts +€16,561
up €16,561 (+102.5%), from €16,155 to €32,715
- Debts after one year -€10,547
down €10,547 (-24.7%), from €42,688 to €32,141
- Gross operating margin -€16,794
down €16,794 (-22.8%), from €73,518 to €56,724
- Depreciation +€10,127
up €10,127 (+366.1%), from €2,766 to €12,893
- Taxes -€4,111
down €4,111 (-28.2%), from €14,588 to €10,478
- Financial charges +€1,162
up €1,162 (+152.7%), from €761 to €1,922
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 | €127,763 | €163,000 | +€35,237 | +27.6% |
| Fixed assets | 21/28 | €61,701 | €48,808 | -€12,893 | -20.9% |
| Tangible fixed assets | 22/27 | €61,701 | €48,808 | -€12,893 | -20.9% |
| Furniture and vehicles | 24 | €61,701 | €48,808 | -€12,893 | -20.9% |
| Current assets | 29/58 | €66,062 | €114,193 | +€48,131 | +72.9% |
| Amounts receivable within one year | 40/41 | €27,670 | €12,760 | -€14,910 | -53.9% |
| Trade receivables | 40 | €13,915 | €12,705 | -€1,210 | -8.7% |
| Other amounts receivable | 41 | €13,755 | €55 | -€13,700 | -99.6% |
| Cash at bank and in hand | 54/58 | €36,667 | €101,432 | +€64,766 | +176.6% |
| Deferred charges and accrued income | 490/1 | €1,725 | - | -€1,725 | |
| Total equity and liabilities | 10/49 | €127,763 | €163,000 | +€35,237 | +27.6% |
| Equity | 10/15 | €57,039 | €87,220 | +€30,181 | +52.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €55,039 | €85,220 | +€30,181 | +54.8% |
| Distributable reserves | 133 | €55,039 | €85,220 | +€30,181 | +54.8% |
| Amounts payable | 17/49 | €70,724 | €75,780 | +€5,056 | +7.1% |
| Amounts payable after more than one year | 17 | €42,688 | €32,141 | -€10,547 | -24.7% |
| Financial debts | 170/4 | €42,688 | €32,141 | -€10,547 | -24.7% |
| Amounts payable within one year | 42/48 | €28,036 | €43,639 | +€15,603 | +55.7% |
| Current portion of amounts payable after more than one year | 42 | €10,156 | €10,547 | +€391 | +3.8% |
| Trade debts | 44 | €1,725 | €359 | -€1,366 | -79.2% |
| Suppliers | 440/4 | €1,725 | €359 | -€1,366 | -79.2% |
| Taxes, remuneration and social security | 45 | €16,155 | €32,715 | +€16,561 | +102.5% |
| Taxes | 450/3 | €16,155 | €32,715 | +€16,561 | +102.5% |
| Other amounts payable | 47/48 | - | €17 | +€17 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,766 | €12,893 | +€10,127 | +366.1% |
| Other operating charges | 640/8 | €688 | €1,349 | +€661 | +96.0% |
| Gross operating margin | 9900 | €73,518 | €56,724 | -€16,794 | -22.8% |
| Operating profit (loss) | 9901 | €70,064 | €42,482 | -€27,582 | -39.4% |
| Financial income | 75/76B | €324 | €100 | -€224 | -69.3% |
| Recurring financial income | 75 | €324 | €100 | -€224 | -69.3% |
| Financial charges | 65/66B | €761 | €1,922 | +€1,162 | +152.7% |
| Recurring financial charges | 65 | €761 | €1,922 | +€1,162 | +152.7% |
| Profit (loss) for the period before taxes | 9903 | €69,628 | €40,659 | -€28,969 | -41.6% |
| Income taxes | 67/77 | €14,588 | €10,478 | -€4,111 | -28.2% |
| Profit (loss) for the period | 9904 | €55,039 | €30,181 | -€24,858 | -45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €55,039 | €30,181 | -€24,858 | -45.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.