A.M.S.: 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.S.
Largest movements
- Cash +€230,488
up €230,488 (+2,286%), from €10,084 to €240,571
mainly Current investments (+€220,000) and Net result for the year (+€12,547)
- Current investments -€220,000
no longer reported in 2025 (was €220,000)
- Reserves +€12,547
up €12,547 (+6.6%), from €189,625 to €202,173
of which Distributable reserves: +€12,547
- Tax, wage and social debts -€4,601
down €4,601 (-57.1%), from €8,059 to €3,458
of which Remuneration and social security: -€3,633
- Gross operating margin -€7,886
down €7,886 (-38.5%), from €20,502 to €12,616
- Financial income -€3,410
down €3,410 (-40.1%), from €8,514 to €5,104
- Taxes -€2,558
down €2,558 (-35.2%), from €7,263 to €4,705
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 | €240,171 | €248,527 | +€8,356 | +3.5% |
| Fixed assets | 21/28 | €723 | €552 | -€171 | -23.7% |
| Tangible fixed assets | 22/27 | €188 | €17 | -€171 | -91.0% |
| Furniture and vehicles | 24 | €188 | €17 | -€171 | -91.0% |
| Financial fixed assets | 28 | €535 | €535 | = | 0.0% |
| Current assets | 29/58 | €239,448 | €247,975 | +€8,527 | +3.6% |
| Amounts receivable within one year | 40/41 | €7,460 | €6,776 | -€684 | -9.2% |
| Trade receivables | 40 | €7,127 | €6,776 | -€351 | -4.9% |
| Other amounts receivable | 41 | €333 | - | -€333 | |
| Current investments | 50/53 | €220,000 | - | -€220,000 | |
| Cash at bank and in hand | 54/58 | €10,084 | €240,571 | +€230,488 | +2,286% |
| Deferred charges and accrued income | 490/1 | €1,904 | €628 | -€1,276 | -67.0% |
| Total equity and liabilities | 10/49 | €240,171 | €248,527 | +€8,356 | +3.5% |
| Equity | 10/15 | €230,930 | €243,477 | +€12,547 | +5.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €189,625 | €202,173 | +€12,547 | +6.6% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €187,625 | €200,173 | +€12,547 | +6.7% |
| Profit (loss) carried forward | 14 | €21,305 | €21,305 | = | 0.0% |
| Amounts payable | 17/49 | €9,241 | €5,050 | -€4,191 | -45.4% |
| Amounts payable within one year | 42/48 | €9,241 | €5,050 | -€4,191 | -45.4% |
| Trade debts | 44 | €558 | €1,265 | +€707 | +127% |
| Suppliers | 440/4 | €558 | €1,265 | +€707 | +127% |
| Taxes, remuneration and social security | 45 | €8,059 | €3,458 | -€4,601 | -57.1% |
| Taxes | 450/3 | €2,813 | €1,845 | -€968 | -34.4% |
| Remuneration and social security | 454/9 | €5,246 | €1,613 | -€3,633 | -69.3% |
| Other amounts payable | 47/48 | €625 | €327 | -€298 | -47.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €226 | €171 | -€54 | -24.1% |
| Other operating charges | 640/8 | €148 | €150 | +€2 | +1.4% |
| Gross operating margin | 9900 | €20,502 | €12,616 | -€7,886 | -38.5% |
| Operating profit (loss) | 9901 | €20,128 | €12,295 | -€7,833 | -38.9% |
| Financial income | 75/76B | €8,514 | €5,104 | -€3,410 | -40.1% |
| Recurring financial income | 75 | €8,514 | €5,104 | -€3,410 | -40.1% |
| Financial charges | 65/66B | €73 | €146 | +€73 | +99.0% |
| Recurring financial charges | 65 | €73 | €146 | +€73 | +99.0% |
| Profit (loss) for the period before taxes | 9903 | €28,568 | €17,253 | -€11,316 | -39.6% |
| Income taxes | 67/77 | €7,263 | €4,705 | -€2,558 | -35.2% |
| Profit (loss) for the period | 9904 | €21,305 | €12,547 | -€8,757 | -41.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,305 | €12,547 | -€8,757 | -41.1% |
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 19 October 2026 via checked.be.