A.M.C.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.C.A.
Largest movements
- Tangible fixed assets -€39,618
down €39,618 (-2.9%), from €1.3m to €1.3m
of which Other tangible fixed assets: -€29,016
- Cash -€29,940
down €29,940 (-36.9%), from €81,030 to €51,090
mainly Net result for the year (-€55,826) and Investment in fixed assets (net) (-€27,000)
- Profit (loss) carried forward -€55,826
down €55,826 (-15.0%), from €372,340 to €316,514
- Trade debts -€18,043
down €18,043 (-97.2%), from €18,557 to €514
- Gross operating margin -€13,270
down €13,270 (-12.0%), from €110,990 to €97,720
- Financial charges +€10,698
up €10,698 (+17.6%), from €60,901 to €71,600
- Other operating charges -€4,186
down €4,186 (-13.9%), from €30,197 to €26,010
- Depreciation +€3,193
up €3,193 (+5.0%), from €63,425 to €66,618
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 | €1,441,674 | €1,366,322 | -€75,352 | -5.2% |
| Fixed assets | 21/28 | €1,350,611 | €1,310,993 | -€39,618 | -2.9% |
| Tangible fixed assets | 22/27 | €1,349,347 | €1,309,729 | -€39,618 | -2.9% |
| Land and buildings | 22 | €704,521 | €694,146 | -€10,375 | -1.5% |
| Furniture and vehicles | 24 | €322 | €94 | -€228 | -70.7% |
| Other tangible fixed assets | 26 | €644,504 | €615,488 | -€29,016 | -4.5% |
| Financial fixed assets | 28 | €1,264 | €1,264 | = | 0.0% |
| Current assets | 29/58 | €91,063 | €55,329 | -€35,734 | -39.2% |
| Cash at bank and in hand | 54/58 | €81,030 | €51,090 | -€29,940 | -36.9% |
| Deferred charges and accrued income | 490/1 | €10,033 | €4,239 | -€5,794 | -57.7% |
| Total equity and liabilities | 10/49 | €1,441,674 | €1,366,322 | -€75,352 | -5.2% |
| Equity | 10/15 | €560,635 | €504,809 | -€55,826 | -10.0% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Contributions outside capital | 11 | €120,000 | €120,000 | = | 0.0% |
| Other | 1109/19 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €68,295 | €68,295 | = | 0.0% |
| Non-distributable reserves | 130/1 | €29,574 | €29,574 | = | 0.0% |
| Reserves not available under the articles | 1311 | €29,574 | €29,574 | = | 0.0% |
| Distributable reserves | 133 | €38,721 | €38,721 | = | 0.0% |
| Profit (loss) carried forward | 14 | €372,340 | €316,514 | -€55,826 | -15.0% |
| Provisions and deferred taxes | 16 | €469,247 | €458,565 | -€10,682 | -2.3% |
| Provisions for liabilities and charges | 160/5 | €469,247 | €458,565 | -€10,682 | -2.3% |
| Pensions and similar obligations | 160 | €469,247 | €458,565 | -€10,682 | -2.3% |
| Amounts payable | 17/49 | €411,792 | €402,948 | -€8,844 | -2.1% |
| Amounts payable within one year | 42/48 | €411,147 | €389,894 | -€21,253 | -5.2% |
| Trade debts | 44 | €18,557 | €514 | -€18,043 | -97.2% |
| Suppliers | 440/4 | €18,557 | €514 | -€18,043 | -97.2% |
| Other amounts payable | 47/48 | €392,590 | €389,380 | -€3,210 | -0.8% |
| Accrued charges and deferred income | 492/3 | €645 | €13,054 | +€12,409 | +1,924% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,425 | €66,618 | +€3,193 | +5.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€10,188 | -€10,682 | -€493 | -4.8% |
| Other operating charges | 640/8 | €30,197 | €26,010 | -€4,186 | -13.9% |
| Gross operating margin | 9900 | €110,990 | €97,720 | -€13,270 | -12.0% |
| Operating profit (loss) | 9901 | €27,556 | €15,773 | -€11,783 | -42.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +2,900% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +2,900% |
| Financial charges | 65/66B | €60,901 | €71,600 | +€10,698 | +17.6% |
| Recurring financial charges | 65 | €60,901 | €71,600 | +€10,698 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | -€33,345 | -€55,826 | -€22,481 | -67.4% |
| Profit (loss) for the period | 9904 | -€33,345 | -€55,826 | -€22,481 | -67.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,345 | -€55,826 | -€22,481 | -67.4% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.