A.M.O: 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.O
Largest movements
- Deferred charges and accrued income -€63,839
no longer reported in 2025 (was €63,839)
- Receivables within one year +€14,272
up €14,272 (+14.1%), from €101,519 to €115,791
- Short-term financial debts -€123,614
down €123,614 (-14.1%), from €874,024 to €750,410
- Accrued charges and deferred income +€59,775
new in 2025: €59,775
- Profit (loss) carried forward +€14,230
up €14,230 (+8.0%), from -€178,444 to -€164,214
- Other operating charges -€739
down €739 (-8.9%), from €8,284 to €7,545
- Gross operating margin +€545
up €545 (+2.5%), from €21,482 to €22,027
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 | €1,060,447 | €1,010,838 | -€49,609 | -4.7% |
| Fixed assets | 21/28 | €895,007 | €895,007 | = | 0.0% |
| Tangible fixed assets | 22/27 | €892,918 | €892,918 | = | 0.0% |
| Land and buildings | 22 | €892,918 | €892,918 | = | 0.0% |
| Financial fixed assets | 28 | €2,089 | €2,089 | = | 0.0% |
| Current assets | 29/58 | €165,440 | €115,831 | -€49,609 | -30.0% |
| Amounts receivable within one year | 40/41 | €101,519 | €115,791 | +€14,272 | +14.1% |
| Other amounts receivable | 41 | €101,519 | €115,791 | +€14,272 | +14.1% |
| Cash at bank and in hand | 54/58 | €82 | €40 | -€42 | -51.3% |
| Deferred charges and accrued income | 490/1 | €63,839 | - | -€63,839 | |
| Total equity and liabilities | 10/49 | €1,060,447 | €1,010,838 | -€49,609 | -4.7% |
| Equity | 10/15 | €186,422 | €200,652 | +€14,230 | +7.6% |
| Contributions | 10/11 | €154,962 | €154,962 | = | 0.0% |
| Capital | 10 | €154,962 | €154,962 | = | 0.0% |
| Issued capital | 100 | €154,962 | €154,962 | = | 0.0% |
| Revaluation surpluses | 12 | €208,751 | €208,751 | = | 0.0% |
| Reserves | 13 | €1,154 | €1,154 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,154 | €1,154 | = | 0.0% |
| Legal reserve | 130 | €1,154 | €1,154 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€178,444 | -€164,214 | +€14,230 | +8.0% |
| Amounts payable | 17/49 | €874,024 | €810,185 | -€63,839 | -7.3% |
| Amounts payable within one year | 42/48 | €874,024 | €750,410 | -€123,614 | -14.1% |
| Financial debts | 43 | €874,024 | €750,410 | -€123,614 | -14.1% |
| Other loans | 439 | €874,024 | €750,410 | -€123,614 | -14.1% |
| Accrued charges and deferred income | 492/3 | - | €59,775 | +€59,775 | |
| Other operating charges | 640/8 | €8,284 | €7,545 | -€739 | -8.9% |
| Gross operating margin | 9900 | €21,482 | €22,027 | +€545 | +2.5% |
| Operating profit (loss) | 9901 | €13,198 | €14,482 | +€1,284 | +9.7% |
| Financial charges | 65/66B | €215 | €252 | +€37 | +17.4% |
| Recurring financial charges | 65 | €215 | €252 | +€37 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | €12,983 | €14,230 | +€1,247 | +9.6% |
| Profit (loss) for the period | 9904 | €12,983 | €14,230 | +€1,247 | +9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,983 | €14,230 | +€1,247 | +9.6% |
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 17 October 2026 via checked.be.