A.M.A.: 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.
A.M.A.
Largest movements
- Cash +€5,630
new in 2025: €5,630
mainly Net result for the year (+€14,441) and Trade debts (+€2,905)
- Deferred charges and accrued income -€266
no longer reported in 2025 (was €266)
- Profit (loss) carried forward +€12,851
no longer reported in 2025 (was -€12,851)
- Other debts -€12,602
down €12,602 (-84.6%), from €14,892 to €2,290
- Trade debts +€2,905
up €2,905 (+242.5%), from €1,198 to €4,103
- Reserves +€1,590
up €1,590 (+240.5%), from €661 to €2,251
- Tax, wage and social debts +€586
new in 2025: €586
- Gross operating margin -€8,299
down €8,299 (-28.2%), from €29,378 to €21,079
- Other operating charges -€4,223
down €4,223 (-39.1%), from €10,796 to €6,573
- Financial charges -€956
down €956 (-99.3%), from €963 to €7
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 | €6,900 | €12,230 | +€5,330 | +77.2% |
| Fixed assets | 21/28 | €6,600 | €6,600 | = | 0.0% |
| Financial fixed assets | 28 | €6,600 | €6,600 | = | 0.0% |
| Current assets | 29/58 | €300 | €5,630 | +€5,330 | +1776.7% |
| Amounts receivable within one year | 40/41 | €34 | - | -€34 | |
| Other amounts receivable | 41 | €34 | - | -€34 | |
| Cash at bank and in hand | 54/58 | - | €5,630 | +€5,630 | |
| Deferred charges and accrued income | 490/1 | €266 | - | -€266 | |
| Total equity and liabilities | 10/49 | €6,900 | €12,230 | +€5,330 | +77.2% |
| Equity | 10/15 | -€9,190 | €5,251 | +€14,441 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €661 | €2,251 | +€1,590 | +240.5% |
| Distributable reserves | 133 | €661 | €2,251 | +€1,590 | +240.5% |
| Profit (loss) carried forward | 14 | -€12,851 | - | +€12,851 | |
| Amounts payable | 17/49 | €16,090 | €6,979 | -€9,111 | -56.6% |
| Amounts payable within one year | 42/48 | €16,090 | €6,979 | -€9,111 | -56.6% |
| Trade debts | 44 | €1,198 | €4,103 | +€2,905 | +242.5% |
| Suppliers | 440/4 | €1,198 | €4,103 | +€2,905 | +242.5% |
| Taxes, remuneration and social security | 45 | - | €586 | +€586 | |
| Taxes | 450/3 | - | €586 | +€586 | |
| Other amounts payable | 47/48 | €14,892 | €2,290 | -€12,602 | -84.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100 | - | -€100 | |
| Other operating charges | 640/8 | €10,796 | €6,573 | -€4,223 | -39.1% |
| Non-recurring operating charges | 66A | €191 | €58 | -€133 | -69.6% |
| Gross operating margin | 9900 | €29,378 | €21,079 | -€8,299 | -28.2% |
| Operating profit (loss) | 9901 | €18,291 | €14,448 | -€3,843 | -21.0% |
| Financial charges | 65/66B | €963 | €7 | -€956 | -99.3% |
| Recurring financial charges | 65 | €963 | €7 | -€956 | -99.3% |
| Profit (loss) for the period before taxes | 9903 | €17,328 | €14,441 | -€2,887 | -16.7% |
| Profit (loss) for the period | 9904 | €17,328 | €14,441 | -€2,887 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,328 | €14,441 | -€2,887 | -16.7% |
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 10 October 2026 via checked.be.