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BYMAX: 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.

What changed

BYMAX

BE 0832.512.990
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€10,815
2024 · €24,859-€14,044
Equity
€253,585
2024 · €274,436-€20,851
Cash
€94,968
2024 · €150,462-€55,495
Balance sheet total
€696,954
2024 · €774,994-€78,040

Largest movements

2024 to 2025
Assets
  • Cash -€55,495

    down €55,495 (-36.9%), from €150,462 to €94,968

    mainly Debts after one year (-€36,834) and Contributions, distributions and other (-€31,666)

  • Tangible fixed assets -€25,569

    down €25,569 (-4.4%), from €582,655 to €557,086

    of which Land and buildings: -€25,956

Equity and liabilities
  • Debts after one year -€36,834

    down €36,834 (-8.7%), from €420,975 to €384,140

  • Reserves -€20,851

    down €20,851 (-8.0%), from €262,036 to €241,185

  • Tax, wage and social debts -€14,597

    down €14,597 (-64.9%), from €22,481 to €7,884

    of which Taxes: -€8,866

Income statement
  • Financial income -€227,988

    down €227,988 (-99.7%), from €228,698 to €710

  • Gross operating margin +€214,919

    up €214,919, from -€146,400 to €68,519

  • Taxes -€4,621

    down €4,621 (-41.7%), from €11,070 to €6,449

  • Depreciation +€3,844

    up €3,844 (+11.1%), from €34,545 to €38,389

  • Other operating charges +€2,275

    up €2,275 (+60.9%), from €3,736 to €6,011

From the 2024 result to the 2025 result

effect on the 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 €24,859
Gross operating margin +€214,919
Depreciation -€3,844
Other operating charges -€2,275
Financial income -€227,988
Financial charges +€523
Taxes +€4,621
Result 2025 €10,815

Cash bridge derived

cash 2024 to 2025

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 +€29,591
Investment -€12,820
Financing -€72,266
Cash 2024 €150,462
Net result for the year +€10,815
Depreciation +€38,389
Receivables within one year -€2,587
Deferred charges and accrued income -€437
Trade debts +€1,998
Tax, wage and social debts -€14,597
Advances received +€67
Other debts -€3,234
Accrued charges and deferred income -€823
Investment in fixed assets (net) -€12,820
Debts after one year -€36,834
Current portion of long-term debt -€3,766
Contributions, distributions and other -€31,666
Cash 2025 €94,968
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €774,994 €696,954 -€78,040 -10.1%
Fixed assets 21/28 €582,655 €557,086 -€25,569 -4.4%
Tangible fixed assets 22/27 €582,655 €557,086 -€25,569 -4.4%
Land and buildings 22 €549,679 €523,723 -€25,956 -4.7%
Plant, machinery and equipment 23 €12,123 €13,201 +€1,078 +8.9%
Furniture and vehicles 24 €20,853 €20,161 -€692 -3.3%
Current assets 29/58 €192,339 €139,868 -€52,471 -27.3%
Amounts receivable within one year 40/41 €41,877 €44,463 +€2,587 +6.2%
Trade receivables 40 €26,744 €27,286 +€542 +2.0%
Other amounts receivable 41 €15,133 €17,178 +€2,045 +13.5%
Cash at bank and in hand 54/58 €150,462 €94,968 -€55,495 -36.9%
Deferred charges and accrued income 490/1 - €437 +€437
Total equity and liabilities 10/49 €774,994 €696,954 -€78,040 -10.1%
Equity 10/15 €274,436 €253,585 -€20,851 -7.6%
Contributions 10/11 €12,400 €12,400 = 0.0%
Reserves 13 €262,036 €241,185 -€20,851 -8.0%
Distributable reserves 133 €262,036 €241,185 -€20,851 -8.0%
Amounts payable 17/49 €500,558 €443,369 -€57,189 -11.4%
Amounts payable after more than one year 17 €420,975 €384,140 -€36,834 -8.7%
Financial debts 170/4 €420,975 €384,140 -€36,834 -8.7%
Amounts payable within one year 42/48 €78,761 €59,228 -€19,533 -24.8%
Current portion of amounts payable after more than one year 42 €40,375 €36,609 -€3,766 -9.3%
Trade debts 44 €6,083 €8,082 +€1,998 +32.8%
Suppliers 440/4 €6,083 €8,082 +€1,998 +32.8%
Advances received on contracts in progress 46 - €67 +€67
Taxes, remuneration and social security 45 €22,481 €7,884 -€14,597 -64.9%
Taxes 450/3 €12,984 €4,118 -€8,866 -68.3%
Remuneration and social security 454/9 €9,497 €3,766 -€5,731 -60.3%
Other amounts payable 47/48 €9,821 €6,587 -€3,234 -32.9%
Accrued charges and deferred income 492/3 €823 - -€823
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €34,545 €38,389 +€3,844 +11.1%
Other operating charges 640/8 €3,736 €6,011 +€2,275 +60.9%
Gross operating margin 9900 -€146,400 €68,519 +€214,919
Operating profit (loss) 9901 -€184,681 €24,119 +€208,800
Financial income 75/76B €228,698 €710 -€227,988 -99.7%
Recurring financial income 75 €228,698 €710 -€227,988 -99.7%
Financial charges 65/66B €8,088 €7,565 -€523 -6.5%
Recurring financial charges 65 €8,088 €7,565 -€523 -6.5%
Profit (loss) for the period before taxes 9903 €35,929 €17,264 -€18,665 -51.9%
Income taxes 67/77 €11,070 €6,449 -€4,621 -41.7%
Profit (loss) for the period 9904 €24,859 €10,815 -€14,044 -56.5%
Profit (loss) for the period to be appropriated 9905 €24,859 €10,815 -€14,044 -56.5%

Source: filed annual accounts (NBB), fiscal years ended 29 June 2024 and 29 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.