A.M.R.A.: 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.A.
Largest movements
- Cash +€77,075
up €77,075 (+3,593%), from €2,145 to €79,220
mainly Net result for the year (+€39,054) and Receivables within one year (+€38,335)
- Receivables within one year -€38,335
down €38,335 (-36.1%), from €106,192 to €67,857
of which Trade receivables: -€26,430
- Tangible fixed assets +€4,076
up €4,076 (+62.2%), from €6,551 to €10,626
of which Furniture and vehicles: +€6,141
- Profit (loss) carried forward +€39,054
up €39,054 (+112%), from €34,730 to €73,784
- Tax, wage and social debts +€18,670
up €18,670 (+169%), from €11,062 to €29,732
- Other debts -€17,000
no longer reported in 2025 (was €17,000)
- Trade debts +€1,642
up €1,642 (+17.9%), from €9,155 to €10,797
- Gross operating margin +€27,736
up €27,736 (+80.1%), from €34,646 to €62,382
- Taxes +€6,797
up €6,797 (+74.0%), from €9,190 to €15,987
- Depreciation -€1,083
down €1,083 (-18.5%), from €5,843 to €4,760
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 | €116,047 | €159,019 | +€42,972 | +37.0% |
| Fixed assets | 21/28 | €6,751 | €10,826 | +€4,076 | +60.4% |
| Tangible fixed assets | 22/27 | €6,551 | €10,626 | +€4,076 | +62.2% |
| Plant, machinery and equipment | 23 | €3,079 | €1,014 | -€2,065 | -67.1% |
| Furniture and vehicles | 24 | €3,471 | €9,612 | +€6,141 | +177% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €109,296 | €148,192 | +€38,896 | +35.6% |
| Amounts receivable within one year | 40/41 | €106,192 | €67,857 | -€38,335 | -36.1% |
| Trade receivables | 40 | €46,171 | €19,741 | -€26,430 | -57.2% |
| Other amounts receivable | 41 | €60,021 | €48,116 | -€11,905 | -19.8% |
| Cash at bank and in hand | 54/58 | €2,145 | €79,220 | +€77,075 | +3,593% |
| Deferred charges and accrued income | 490/1 | €959 | €1,116 | +€157 | +16.3% |
| Total equity and liabilities | 10/49 | €116,047 | €159,019 | +€42,972 | +37.0% |
| Equity | 10/15 | €76,486 | €115,540 | +€39,054 | +51.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,155 | €23,155 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €2,545 | €2,545 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,730 | €73,784 | +€39,054 | +112% |
| Amounts payable | 17/49 | €39,561 | €43,479 | +€3,918 | +9.9% |
| Amounts payable within one year | 42/48 | €39,561 | €43,479 | +€3,918 | +9.9% |
| Financial debts | 43 | €2,344 | €2,950 | +€606 | +25.8% |
| Credit institutions | 430/8 | €2,344 | €2,950 | +€606 | +25.8% |
| Trade debts | 44 | €9,155 | €10,797 | +€1,642 | +17.9% |
| Suppliers | 440/4 | €9,155 | €10,797 | +€1,642 | +17.9% |
| Taxes, remuneration and social security | 45 | €11,062 | €29,732 | +€18,670 | +169% |
| Taxes | 450/3 | €11,062 | €29,732 | +€18,670 | +169% |
| Other amounts payable | 47/48 | €17,000 | - | -€17,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,843 | €4,760 | -€1,083 | -18.5% |
| Other operating charges | 640/8 | €616 | €781 | +€165 | +26.9% |
| Non-recurring operating charges | 66A | €63 | - | -€63 | |
| Gross operating margin | 9900 | €34,646 | €62,382 | +€27,736 | +80.1% |
| Operating profit (loss) | 9901 | €28,124 | €56,841 | +€28,717 | +102% |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.3% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.3% |
| Financial charges | 65/66B | €1,786 | €1,800 | +€13 | +0.8% |
| Recurring financial charges | 65 | €1,786 | €1,800 | +€13 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €26,340 | €55,041 | +€28,701 | +109% |
| Income taxes | 67/77 | €9,190 | €15,987 | +€6,797 | +74.0% |
| Profit (loss) for the period | 9904 | €17,150 | €39,054 | +€21,904 | +128% |
| Profit (loss) for the period to be appropriated | 9905 | €17,150 | €39,054 | +€21,904 | +128% |
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.