A.M.C. DENIS: 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. DENIS
Largest movements
- Cash +€12,856
up €12,856 (+901%), from €1,427 to €14,284
mainly Short-term financial debts (+€11,384) and Stocks and contracts (+€4,954)
- Stocks and contracts -€4,954
down €4,954 (-23.8%), from €20,783 to €15,829
- Tangible fixed assets -€3,996
down €3,996 (-73.7%), from €5,423 to €1,427
- Receivables within one year -€3,186
down €3,186 (-11.3%), from €28,281 to €25,095
of which Trade receivables: -€11,251
- Short-term financial debts +€11,384
up €11,384 (+281%), from €4,052 to €15,436
- Profit (loss) carried forward -€8,846
down €8,846 (-19.4%), from -€45,684 to -€54,530
- Other debts -€5,448
down €5,448 (-65.0%), from €8,382 to €2,934
- Trade debts +€3,110
up €3,110 (+55.0%), from €5,650 to €8,760
- Turnover -€27,218
down €27,218 (-17.5%), from €155,882 to €128,664
- Gross operating margin -€17,989
down €17,989 (-91.3%), from €19,706 to €1,717
- Purchases and services -€9,229
down €9,229 (-6.8%), from €136,176 to €126,947
- Taxes -€6,129
down €6,129 (-69.8%), from €8,780 to €2,651
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 | €56,485 | €56,685 | +€200 | +0.4% |
| Formation expenses | 20 | €521 | €0 | -€521 | -100% |
| Fixed assets | 21/28 | €5,472 | €1,477 | -€3,996 | -73.0% |
| Tangible fixed assets | 22/27 | €5,423 | €1,427 | -€3,996 | -73.7% |
| Furniture and vehicles | 24 | €5,423 | €1,427 | -€3,996 | -73.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €50,491 | €55,208 | +€4,716 | +9.3% |
| Stocks and contracts in progress | 3 | €20,783 | €15,829 | -€4,954 | -23.8% |
| Stocks | 30/36 | €20,783 | €15,829 | -€4,954 | -23.8% |
| Amounts receivable within one year | 40/41 | €28,281 | €25,095 | -€3,186 | -11.3% |
| Trade receivables | 40 | €22,776 | €11,525 | -€11,251 | -49.4% |
| Other amounts receivable | 41 | €5,505 | €13,570 | +€8,066 | +147% |
| Cash at bank and in hand | 54/58 | €1,427 | €14,284 | +€12,856 | +901% |
| Total equity and liabilities | 10/49 | €56,485 | €56,685 | +€200 | +0.4% |
| Equity | 10/15 | -€11,599 | -€20,445 | -€8,846 | -76.3% |
| Contributions | 10/11 | €34,085 | €34,085 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,684 | -€54,530 | -€8,846 | -19.4% |
| Amounts payable | 17/49 | €68,084 | €77,129 | +€9,046 | +13.3% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €18,084 | €27,129 | +€9,046 | +50.0% |
| Financial debts | 43 | €4,052 | €15,436 | +€11,384 | +281% |
| Credit institutions | 430/8 | €4,052 | €15,436 | +€11,384 | +281% |
| Trade debts | 44 | €5,650 | €8,760 | +€3,110 | +55.0% |
| Suppliers | 440/4 | €5,650 | €8,760 | +€3,110 | +55.0% |
| Other amounts payable | 47/48 | €8,382 | €2,934 | -€5,448 | -65.0% |
| Turnover | 70 | €155,882 | €128,664 | -€27,218 | -17.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €136,176 | €126,947 | -€9,229 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,967 | €4,516 | -€451 | -9.1% |
| Other operating charges | 640/8 | €1,120 | €1,034 | -€86 | -7.6% |
| Gross operating margin | 9900 | €19,706 | €1,717 | -€17,989 | -91.3% |
| Operating profit (loss) | 9901 | €13,619 | -€3,833 | -€17,453 | |
| Financial income | 75/76B | €20 | €2 | -€18 | -90.9% |
| Recurring financial income | 75 | €20 | €2 | -€18 | -90.9% |
| Financial charges | 65/66B | €1,497 | €2,363 | +€866 | +57.8% |
| Recurring financial charges | 65 | €1,497 | €2,363 | +€866 | +57.8% |
| Profit (loss) for the period before taxes | 9903 | €12,142 | -€6,195 | -€18,337 | |
| Income taxes | 67/77 | €8,780 | €2,651 | -€6,129 | -69.8% |
| Profit (loss) for the period | 9904 | €3,362 | -€8,846 | -€12,208 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,362 | -€8,846 | -€12,208 |
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 30 October 2026 via checked.be.