A.M.R.: 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.R.
Largest movements
- Stocks and contracts +€36,106
new in 2025: €36,106
- Deferred charges and accrued income -€20,032
no longer reported in 2025 (was €20,032)
- Receivables within one year -€8,603
down €8,603 (-43.4%), from €19,834 to €11,231
of which Trade receivables: -€9,389
- Cash -€1,089
down €1,089 (-14.4%), from €7,575 to €6,486
mainly Stocks and contracts (-€36,106) and Net result for the year (-€7,215)
- Other debts +€13,777
up €13,777 (+214%), from €6,448 to €20,225
- Profit (loss) carried forward -€7,215
down €7,215 (-86.3%), from €8,362 to €1,147
- Gross operating margin -€4,263
down €4,263 (-202%), from -€2,111 to -€6,374
- Financial charges +€382
up €382 (+647%), from €59 to €441
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 | €47,441 | €53,823 | +€6,382 | +13.5% |
| Current assets | 29/58 | €47,441 | €53,823 | +€6,382 | +13.5% |
| Stocks and contracts in progress | 3 | - | €36,106 | +€36,106 | |
| Stocks | 30/36 | - | €36,106 | +€36,106 | |
| Amounts receivable within one year | 40/41 | €19,834 | €11,231 | -€8,603 | -43.4% |
| Trade receivables | 40 | €10,979 | €1,590 | -€9,389 | -85.5% |
| Other amounts receivable | 41 | €8,855 | €9,641 | +€786 | +8.9% |
| Cash at bank and in hand | 54/58 | €7,575 | €6,486 | -€1,089 | -14.4% |
| Deferred charges and accrued income | 490/1 | €20,032 | - | -€20,032 | |
| Total equity and liabilities | 10/49 | €47,441 | €53,823 | +€6,382 | +13.5% |
| Equity | 10/15 | €28,813 | €21,598 | -€7,215 | -25.0% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,362 | €1,147 | -€7,215 | -86.3% |
| Amounts payable | 17/49 | €18,628 | €32,225 | +€13,597 | +73.0% |
| Amounts payable within one year | 42/48 | €18,628 | €32,225 | +€13,597 | +73.0% |
| Trade debts | 44 | €12,180 | €12,000 | -€180 | -1.5% |
| Suppliers | 440/4 | €12,180 | €12,000 | -€180 | -1.5% |
| Other amounts payable | 47/48 | €6,448 | €20,225 | +€13,777 | +214% |
| Remuneration, social security and pensions | 62 | €387 | €400 | +€13 | +3.4% |
| Gross operating margin | 9900 | -€2,111 | -€6,374 | -€4,263 | -202% |
| Operating profit (loss) | 9901 | -€2,498 | -€6,774 | -€4,276 | -171% |
| Financial charges | 65/66B | €59 | €441 | +€382 | +647% |
| Recurring financial charges | 65 | €59 | €441 | +€382 | +647% |
| Profit (loss) for the period before taxes | 9903 | -€2,557 | -€7,215 | -€4,658 | -182% |
| Profit (loss) for the period | 9904 | -€2,557 | -€7,215 | -€4,658 | -182% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,557 | -€7,215 | -€4,658 | -182% |
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 16 October 2026 via checked.be.