BUMICO: 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.
BUMICO
Largest movements
- Current investments +€204,679
up €204,679 (+103%), from €199,316 to €403,995
- Receivables within one year -€150,493
down €150,493 (-88.7%), from €169,694 to €19,201
of which Other amounts receivable: -€152,087
- Cash -€44,939
down €44,939 (-10.5%), from €426,561 to €381,621
mainly Contributions, distributions and other (-€245,311) and Current investments (-€204,679)
- Tangible fixed assets -€19,389
down €19,389 (-6.8%), from €284,679 to €265,289
of which Land and buildings: -€11,476
- Other debts +€81,619
up €81,619 (+94.7%), from €86,163 to €167,782
- Reserves -€78,013
down €78,013 (-10.9%), from €716,624 to €638,612
- Debts after one year -€19,985
down €19,985 (-10.8%), from €185,513 to €165,528
- Gross operating margin -€200,711
down €200,711 (-44.5%), from €451,060 to €250,349
- Taxes -€57,334
down €57,334 (-44.4%), from €129,009 to €71,676
- Financial income +€17,890
up €17,890 (+555%), from €3,221 to €21,111
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,080,254 | €1,070,111 | -€10,143 | -0.9% |
| Fixed assets | 21/28 | €284,684 | €265,294 | -€19,389 | -6.8% |
| Tangible fixed assets | 22/27 | €284,679 | €265,289 | -€19,389 | -6.8% |
| Land and buildings | 22 | €259,106 | €247,630 | -€11,476 | -4.4% |
| Plant, machinery and equipment | 23 | €2,258 | €2,281 | +€23 | +1.0% |
| Furniture and vehicles | 24 | €23,315 | €15,379 | -€7,936 | -34.0% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €795,570 | €804,817 | +€9,246 | +1.2% |
| Amounts receivable within one year | 40/41 | €169,694 | €19,201 | -€150,493 | -88.7% |
| Trade receivables | 40 | €11,613 | €13,207 | +€1,594 | +13.7% |
| Other amounts receivable | 41 | €158,081 | €5,994 | -€152,087 | -96.2% |
| Current investments | 50/53 | €199,316 | €403,995 | +€204,679 | +103% |
| Cash at bank and in hand | 54/58 | €426,561 | €381,621 | -€44,939 | -10.5% |
| Total equity and liabilities | 10/49 | €1,080,254 | €1,070,111 | -€10,143 | -0.9% |
| Equity | 10/15 | €739,477 | €661,464 | -€78,013 | -10.5% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €716,624 | €638,612 | -€78,013 | -10.9% |
| Distributable reserves | 133 | €716,624 | €638,612 | -€78,013 | -10.9% |
| Profit (loss) carried forward | 14 | €4,103 | €4,103 | = | 0.0% |
| Amounts payable | 17/49 | €340,777 | €408,647 | +€67,870 | +19.9% |
| Amounts payable after more than one year | 17 | €185,513 | €165,528 | -€19,985 | -10.8% |
| Financial debts | 170/4 | €185,513 | €165,528 | -€19,985 | -10.8% |
| Amounts payable within one year | 42/48 | €155,264 | €243,118 | +€87,855 | +56.6% |
| Current portion of amounts payable after more than one year | 42 | €19,098 | €19,985 | +€887 | +4.6% |
| Trade debts | 44 | €2,129 | €1,003 | -€1,126 | -52.9% |
| Suppliers | 440/4 | €2,129 | €1,003 | -€1,126 | -52.9% |
| Taxes, remuneration and social security | 45 | €47,874 | €54,348 | +€6,475 | +13.5% |
| Taxes | 450/3 | €47,874 | €54,348 | +€6,475 | +13.5% |
| Other amounts payable | 47/48 | €86,163 | €167,782 | +€81,619 | +94.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €3,936 | - | -€3,936 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,099 | €20,504 | -€595 | -2.8% |
| Other operating charges | 640/8 | €1,021 | €1,741 | +€720 | +70.5% |
| Gross operating margin | 9900 | €451,060 | €250,349 | -€200,711 | -44.5% |
| Operating profit (loss) | 9901 | €425,004 | €228,104 | -€196,900 | -46.3% |
| Financial income | 75/76B | €3,221 | €21,111 | +€17,890 | +555% |
| Recurring financial income | 75 | €3,221 | €21,111 | +€17,890 | +555% |
| Financial charges | 65/66B | €11,170 | €10,242 | -€928 | -8.3% |
| Recurring financial charges | 65 | €11,170 | €10,242 | -€928 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €417,056 | €238,974 | -€178,082 | -42.7% |
| Income taxes | 67/77 | €129,009 | €71,676 | -€57,334 | -44.4% |
| Profit (loss) for the period | 9904 | €288,046 | €167,298 | -€120,748 | -41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €288,046 | €167,298 | -€120,748 | -41.9% |
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 18 October 2026 via checked.be.