A.M.C.: 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.C.
Largest movements
- Tangible fixed assets -€2,678
down €2,678 (-20.7%), from €12,923 to €10,245
- Tax, wage and social debts +€11,592
up €11,592 (+16.2%), from €71,487 to €83,079
- Profit (loss) carried forward -€6,533
new in 2025: -€6,533
- Other debts -€4,139
down €4,139 (-8.9%), from €46,563 to €42,424
- Trade debts -€3,022
down €3,022 (-27.9%), from €10,820 to €7,798
- Taxes -€62,613
down €62,613 (-92.0%), from €68,063 to €5,450
- Gross operating margin +€9,899
up €9,899, from -€6,986 to €2,913
- Depreciation +€351
up €351 (+15.1%), from €2,327 to €2,678
- Other operating charges +€323
up €323 (+44.7%), from €724 to €1,047
- Financial charges -€269
down €269 (-49.8%), from €541 to €271
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 | €241,262 | €238,085 | -€3,177 | -1.3% |
| Fixed assets | 21/28 | €14,038 | €11,361 | -€2,678 | -19.1% |
| Tangible fixed assets | 22/27 | €12,923 | €10,245 | -€2,678 | -20.7% |
| Land and buildings | 22 | €6,475 | €5,510 | -€966 | -14.9% |
| Plant, machinery and equipment | 23 | €5,047 | €4,164 | -€883 | -17.5% |
| Furniture and vehicles | 24 | €1,400 | €571 | -€829 | -59.2% |
| Financial fixed assets | 28 | €1,116 | €1,116 | = | 0.0% |
| Current assets | 29/58 | €227,223 | €226,724 | -€499 | -0.2% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,394 | €3,859 | -€1,535 | -28.5% |
| Trade receivables | 40 | €5,262 | €3,718 | -€1,544 | -29.3% |
| Other amounts receivable | 41 | €132 | €141 | +€9 | +6.5% |
| Current investments | 50/53 | €207,577 | €207,577 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,649 | €13,789 | +€2,139 | +18.4% |
| Deferred charges and accrued income | 490/1 | €1,103 | - | -€1,103 | |
| Total equity and liabilities | 10/49 | €241,262 | €238,085 | -€3,177 | -1.3% |
| Equity | 10/15 | €111,317 | €104,784 | -€6,533 | -5.9% |
| Contributions | 10/11 | €18,134 | €18,134 | = | 0.0% |
| Reserves | 13 | €93,182 | €93,182 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €91,323 | €91,323 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€6,533 | -€6,533 | |
| Amounts payable | 17/49 | €129,945 | €133,301 | +€3,356 | +2.6% |
| Amounts payable within one year | 42/48 | €129,945 | €133,301 | +€3,356 | +2.6% |
| Trade debts | 44 | €10,820 | €7,798 | -€3,022 | -27.9% |
| Suppliers | 440/4 | €10,820 | €7,798 | -€3,022 | -27.9% |
| Advances received on contracts in progress | 46 | €1,075 | - | -€1,075 | |
| Taxes, remuneration and social security | 45 | €71,487 | €83,079 | +€11,592 | +16.2% |
| Taxes | 450/3 | €71,487 | €83,079 | +€11,592 | +16.2% |
| Other amounts payable | 47/48 | €46,563 | €42,424 | -€4,139 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,327 | €2,678 | +€351 | +15.1% |
| Other operating charges | 640/8 | €724 | €1,047 | +€323 | +44.7% |
| Gross operating margin | 9900 | -€6,986 | €2,913 | +€9,899 | |
| Operating profit (loss) | 9901 | -€10,036 | -€812 | +€9,225 | +91.9% |
| Financial income | 75/76B | €131 | - | -€131 | |
| Recurring financial income | 75 | €131 | - | -€131 | |
| Financial charges | 65/66B | €541 | €271 | -€269 | -49.8% |
| Recurring financial charges | 65 | €541 | €271 | -€269 | -49.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,446 | -€1,083 | +€9,363 | +89.6% |
| Transfer from deferred taxes | 780 | €83,250 | - | -€83,250 | |
| Income taxes | 67/77 | €68,063 | €5,450 | -€62,613 | -92.0% |
| Profit (loss) for the period | 9904 | €4,740 | -€6,533 | -€11,273 | |
| Transfer from tax-exempt reserves | 789 | €249,750 | - | -€249,750 | |
| Profit (loss) for the period to be appropriated | 9905 | €254,490 | -€6,533 | -€261,023 |
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 16 October 2026 via checked.be.