A.M.C. GESTION: 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. GESTION
Largest movements
- Tangible fixed assets -€66,890
down €66,890 (-9.1%), from €736,843 to €669,952
of which Land and buildings: -€46,256
- Cash +€38,642
up €38,642 (+98.7%), from €39,142 to €77,784
mainly Depreciation (+€66,890) and Other debts (+€29,734)
- Debts after one year -€33,000
down €33,000 (-8.3%), from €398,700 to €365,700
- Other debts +€29,734
up €29,734 (+21.4%), from €139,206 to €168,940
- Trade debts -€16,193
down €16,193 (-14.5%), from €111,303 to €95,111
- Tax, wage and social debts -€14,834
down €14,834 (-31.3%), from €47,361 to €32,527
of which Taxes: -€8,844
- Accrued charges and deferred income +€9,699
new in 2025: €9,699
- Gross operating margin +€8,106
up €8,106 (+4.3%), from €187,074 to €195,179
- Staff costs -€8,002
down €8,002 (-6.7%), from €119,273 to €111,272
- Financial charges -€3,952
down €3,952 (-40.6%), from €9,741 to €5,789
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 | €896,001 | €872,250 | -€23,751 | -2.7% |
| Fixed assets | 21/28 | €738,873 | €669,952 | -€68,920 | -9.3% |
| Tangible fixed assets | 22/27 | €736,843 | €669,952 | -€66,890 | -9.1% |
| Land and buildings | 22 | €676,577 | €630,321 | -€46,256 | -6.8% |
| Plant, machinery and equipment | 23 | €37,729 | €29,004 | -€8,724 | -23.1% |
| Furniture and vehicles | 24 | €18,872 | €8,005 | -€10,867 | -57.6% |
| Other tangible fixed assets | 26 | €3,664 | €2,621 | -€1,043 | -28.5% |
| Financial fixed assets | 28 | €2,030 | €0 | -€2,030 | -100% |
| Current assets | 29/58 | €157,129 | €202,298 | +€45,169 | +28.7% |
| Stocks and contracts in progress | 3 | €114,995 | €118,679 | +€3,684 | +3.2% |
| Stocks | 30/36 | €114,995 | €118,679 | +€3,684 | +3.2% |
| Amounts receivable within one year | 40/41 | €0 | €3,085 | +€3,085 | |
| Trade receivables | 40 | €0 | €3,085 | +€3,085 | |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €39,142 | €77,784 | +€38,642 | +98.7% |
| Deferred charges and accrued income | 490/1 | €2,992 | €2,750 | -€242 | -8.1% |
| Total equity and liabilities | 10/49 | €896,001 | €872,250 | -€23,751 | -2.7% |
| Equity | 10/15 | €166,008 | €170,273 | +€4,264 | +2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €154,305 | €154,305 | = | 0.0% |
| Tax-exempt reserves | 132 | €51,500 | €51,500 | = | 0.0% |
| Distributable reserves | 133 | €102,805 | €102,805 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,897 | -€2,633 | +€4,264 | +61.8% |
| Amounts payable | 17/49 | €729,993 | €701,977 | -€28,015 | -3.8% |
| Amounts payable after more than one year | 17 | €398,700 | €365,700 | -€33,000 | -8.3% |
| Financial debts | 170/4 | €398,700 | €365,700 | -€33,000 | -8.3% |
| Amounts payable within one year | 42/48 | €331,293 | €326,578 | -€4,715 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €33,422 | €30,000 | -€3,422 | -10.2% |
| Trade debts | 44 | €111,303 | €95,111 | -€16,193 | -14.5% |
| Suppliers | 440/4 | €111,303 | €95,111 | -€16,193 | -14.5% |
| Taxes, remuneration and social security | 45 | €47,361 | €32,527 | -€14,834 | -31.3% |
| Taxes | 450/3 | €16,664 | €7,820 | -€8,844 | -53.1% |
| Remuneration and social security | 454/9 | €30,697 | €24,706 | -€5,990 | -19.5% |
| Other amounts payable | 47/48 | €139,206 | €168,940 | +€29,734 | +21.4% |
| Accrued charges and deferred income | 492/3 | - | €9,699 | +€9,699 | |
| Remuneration, social security and pensions | 62 | €119,273 | €111,272 | -€8,002 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,890 | €66,890 | = | 0.0% |
| Other operating charges | 640/8 | €8,139 | €6,999 | -€1,140 | -14.0% |
| Gross operating margin | 9900 | €187,074 | €195,179 | +€8,106 | +4.3% |
| Operating profit (loss) | 9901 | -€7,229 | €10,019 | +€17,248 | |
| Financial income | 75/76B | €386 | €177 | -€209 | -54.1% |
| Recurring financial income | 75 | €386 | €177 | -€209 | -54.1% |
| Financial charges | 65/66B | €9,741 | €5,789 | -€3,952 | -40.6% |
| Recurring financial charges | 65 | €9,741 | €5,789 | -€3,952 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | -€16,584 | €4,407 | +€20,991 | |
| Income taxes | 67/77 | €5 | €143 | +€138 | +2,800% |
| Profit (loss) for the period | 9904 | -€16,588 | €4,264 | +€20,853 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,588 | €4,264 | +€20,853 |
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 26 October 2026 via checked.be.