A.M.G.: 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.G.
Largest movements
- Cash -€20,090
down €20,090 (-79.6%), from €25,243 to €5,152
mainly Other debts (-€34,677) and Contributions, distributions and other (-€14,939)
- Receivables within one year -€8,397
down €8,397 (-14.2%), from €59,041 to €50,645
of which Trade receivables: -€9,365
- Tangible fixed assets -€5,834
down €5,834 (-10.8%), from €54,105 to €48,271
- Other debts -€34,677
down €34,677 (-69.9%), from €49,615 to €14,939
- Other operating charges -€561
down €561 (-14.4%), from €3,892 to €3,331
- Write-downs +€546
no longer reported in 2025 (was -€546)
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 | €138,647 | €104,335 | -€34,312 | -24.7% |
| Fixed assets | 21/28 | €54,105 | €48,271 | -€5,834 | -10.8% |
| Tangible fixed assets | 22/27 | €54,105 | €48,271 | -€5,834 | -10.8% |
| Land and buildings | 22 | €54,105 | €48,271 | -€5,834 | -10.8% |
| Current assets | 29/58 | €84,542 | €56,064 | -€28,478 | -33.7% |
| Amounts receivable within one year | 40/41 | €59,041 | €50,645 | -€8,397 | -14.2% |
| Trade receivables | 40 | €58,844 | €49,479 | -€9,365 | -15.9% |
| Other amounts receivable | 41 | €197 | €1,166 | +€968 | +490% |
| Cash at bank and in hand | 54/58 | €25,243 | €5,152 | -€20,090 | -79.6% |
| Deferred charges and accrued income | 490/1 | €258 | €267 | +€9 | +3.4% |
| Total equity and liabilities | 10/49 | €138,647 | €104,335 | -€34,312 | -24.7% |
| Equity | 10/15 | €88,120 | €88,015 | -€105 | -0.1% |
| Reserves | 13 | €88,029 | €87,924 | -€105 | -0.1% |
| Distributable reserves | 133 | €88,029 | €87,924 | -€105 | -0.1% |
| Profit (loss) carried forward | 14 | €90 | €90 | = | 0.0% |
| Amounts payable | 17/49 | €50,527 | €16,320 | -€34,207 | -67.7% |
| Amounts payable within one year | 42/48 | €50,527 | €16,320 | -€34,207 | -67.7% |
| Trade debts | 44 | €353 | €822 | +€469 | +133% |
| Suppliers | 440/4 | €353 | €822 | +€469 | +133% |
| Taxes, remuneration and social security | 45 | €559 | €559 | = | 0.0% |
| Taxes | 450/3 | €559 | €559 | = | 0.0% |
| Other amounts payable | 47/48 | €49,615 | €14,939 | -€34,677 | -69.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,834 | €5,834 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€546 | - | +€546 | |
| Other operating charges | 640/8 | €3,892 | €3,331 | -€561 | -14.4% |
| Gross operating margin | 9900 | €29,352 | €29,338 | -€14 | 0.0% |
| Operating profit (loss) | 9901 | €20,172 | €20,173 | +€1 | 0.0% |
| Financial charges | 65/66B | €475 | €307 | -€167 | -35.3% |
| Recurring financial charges | 65 | €475 | €307 | -€167 | -35.3% |
| Profit (loss) for the period before taxes | 9903 | €19,697 | €19,866 | +€168 | +0.9% |
| Income taxes | 67/77 | €5,053 | €5,032 | -€21 | -0.4% |
| Profit (loss) for the period | 9904 | €14,645 | €14,834 | +€189 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,645 | €14,834 | +€189 | +1.3% |
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 13 October 2026 via checked.be.