A.M.S. GROUP: 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. GROUP
Largest movements
- Receivables within one year +€48,789
up €48,789 (+12.6%), from €385,843 to €434,632
of which Other amounts receivable: +€91,683
- Cash -€16,331
down €16,331 (-47.1%), from €34,677 to €18,345
mainly Receivables within one year (-€48,789) and Investment in fixed assets (net) (-€23,399)
- Tangible fixed assets -€9,257
down €9,257 (-10.3%), from €89,974 to €80,717
of which Furniture and vehicles: -€11,250
- Short-term financial debts +€36,000
up €36,000 (+48.6%), from €73,999 to €109,999
- Tax, wage and social debts -€15,264
down €15,264 (-6.1%), from €248,208 to €232,944
of which Remuneration and social security: -€13,115
- Current portion of long-term debt +€8,817
up €8,817 (+10.3%), from €85,671 to €94,488
- Staff costs +€45,442
up €45,442 (+4.1%), from €1.1m to €1.2m
- Gross operating margin +€25,918
up €25,918 (+2.2%), from €1.2m to €1.2m
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 | €534,271 | €558,335 | +€24,064 | +4.5% |
| Fixed assets | 21/28 | €92,674 | €83,417 | -€9,257 | -10.0% |
| Tangible fixed assets | 22/27 | €89,974 | €80,717 | -€9,257 | -10.3% |
| Plant, machinery and equipment | 23 | €1,461 | €3,454 | +€1,992 | +136% |
| Furniture and vehicles | 24 | €88,513 | €77,263 | -€11,250 | -12.7% |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €441,597 | €474,918 | +€33,321 | +7.5% |
| Amounts receivable within one year | 40/41 | €385,843 | €434,632 | +€48,789 | +12.6% |
| Trade receivables | 40 | €368,963 | €326,070 | -€42,894 | -11.6% |
| Other amounts receivable | 41 | €16,880 | €108,562 | +€91,683 | +543% |
| Cash at bank and in hand | 54/58 | €34,677 | €18,345 | -€16,331 | -47.1% |
| Deferred charges and accrued income | 490/1 | €21,078 | €21,941 | +€863 | +4.1% |
| Total equity and liabilities | 10/49 | €534,271 | €558,335 | +€24,064 | +4.5% |
| Equity | 10/15 | €76,669 | €78,361 | +€1,692 | +2.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €8,461 | €8,461 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €8,461 | +€6,461 | +323% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Financial assistance | 1313 | - | €6,461 | +€6,461 | |
| Distributable reserves | 133 | €6,461 | - | -€6,461 | |
| Profit (loss) carried forward | 14 | €48,208 | €49,900 | +€1,692 | +3.5% |
| Amounts payable | 17/49 | €457,602 | €479,974 | +€22,371 | +4.9% |
| Amounts payable after more than one year | 17 | €4,812 | - | -€4,812 | |
| Financial debts | 170/4 | €4,812 | - | -€4,812 | |
| Amounts payable within one year | 42/48 | €452,790 | €479,974 | +€27,183 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €85,671 | €94,488 | +€8,817 | +10.3% |
| Financial debts | 43 | €73,999 | €109,999 | +€36,000 | +48.6% |
| Credit institutions | 430/8 | €73,999 | €109,999 | +€36,000 | +48.6% |
| Trade debts | 44 | €44,912 | €42,543 | -€2,370 | -5.3% |
| Suppliers | 440/4 | €44,912 | €42,543 | -€2,370 | -5.3% |
| Taxes, remuneration and social security | 45 | €248,208 | €232,944 | -€15,264 | -6.1% |
| Taxes | 450/3 | €11,375 | €9,226 | -€2,149 | -18.9% |
| Remuneration and social security | 454/9 | €236,833 | €223,718 | -€13,115 | -5.5% |
| Remuneration, social security and pensions | 62 | €1,108,035 | €1,153,478 | +€45,442 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,963 | €32,656 | -€4,307 | -11.7% |
| Other operating charges | 640/8 | €4,570 | €4,377 | -€192 | -4.2% |
| Gross operating margin | 9900 | €1,191,703 | €1,217,622 | +€25,918 | +2.2% |
| Operating profit (loss) | 9901 | €42,135 | €27,110 | -€15,025 | -35.7% |
| Financial income | 75/76B | €193 | €1,238 | +€1,044 | +540% |
| Recurring financial income | 75 | €193 | €1,238 | +€1,044 | +540% |
| Financial charges | 65/66B | €12,538 | €10,242 | -€2,296 | -18.3% |
| Recurring financial charges | 65 | €12,538 | €10,242 | -€2,296 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €29,790 | €18,106 | -€11,684 | -39.2% |
| Income taxes | 67/77 | €12,074 | €16,413 | +€4,340 | +35.9% |
| Profit (loss) for the period | 9904 | €17,717 | €1,692 | -€16,024 | -90.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,717 | €1,692 | -€16,024 | -90.4% |
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 30 October 2026 via checked.be.