A&MZ: 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&MZ
Largest movements
- Tangible fixed assets +€34,826
new in 2025: €34,826
of which Furniture and vehicles: +€32,602
- Receivables within one year +€15,504
up €15,504 (+1099.2%), from €1,410 to €16,915
of which Other amounts receivable: +€8,096
- Cash -€11,765
down €11,765 (-92.6%), from €12,709 to €944
mainly Investment in fixed assets (net) (-€42,405) and Receivables within one year (-€15,504)
- Debts after one year +€36,131
new in 2025: €36,131
- Profit (loss) carried forward -€6,282
new in 2025: -€6,282
- Current portion of long-term debt +€4,978
new in 2025: €4,978
- Tax, wage and social debts +€2,860
up €2,860 (+10745.3%), from €27 to €2,887
of which Remuneration and social security: +€2,887
- Other debts +€1,159
up €1,159 (+8.1%), from €14,384 to €15,543
- Gross operating margin +€9,471
up €9,471 (+8105.2%), from €117 to €9,588
- Depreciation +€7,578
new in 2025: €7,578
- Staff costs +€6,371
new in 2025: €6,371
- Other operating charges +€2,283
new in 2025: €2,283
- Financial income +€482
up €482 (+4603.8%), from €10 to €492
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.
Cash bridge derived
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 | €15,479 | €54,325 | +€38,846 | +251.0% |
| Fixed assets | 21/28 | - | €34,826 | +€34,826 | |
| Tangible fixed assets | 22/27 | - | €34,826 | +€34,826 | |
| Plant, machinery and equipment | 23 | - | €2,224 | +€2,224 | |
| Furniture and vehicles | 24 | - | €32,602 | +€32,602 | |
| Current assets | 29/58 | €15,479 | €19,499 | +€4,020 | +26.0% |
| Amounts receivable within one year | 40/41 | €1,410 | €16,915 | +€15,504 | +1099.2% |
| Trade receivables | 40 | €133 | €7,541 | +€7,408 | +5565.7% |
| Other amounts receivable | 41 | €1,277 | €9,373 | +€8,096 | +633.8% |
| Cash at bank and in hand | 54/58 | €12,709 | €944 | -€11,765 | -92.6% |
| Deferred charges and accrued income | 490/1 | €1,359 | €1,640 | +€281 | +20.7% |
| Total equity and liabilities | 10/49 | €15,479 | €54,325 | +€38,846 | +251.0% |
| Equity | 10/15 | €1,068 | -€5,214 | -€6,282 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €68 | €68 | = | 0.0% |
| Distributable reserves | 133 | €68 | €68 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€6,282 | -€6,282 | |
| Amounts payable | 17/49 | €14,410 | €59,539 | +€45,128 | +313.2% |
| Amounts payable after more than one year | 17 | - | €36,131 | +€36,131 | |
| Financial debts | 170/4 | - | €36,131 | +€36,131 | |
| Amounts payable within one year | 42/48 | €14,410 | €23,408 | +€8,998 | +62.4% |
| Current portion of amounts payable after more than one year | 42 | - | €4,978 | +€4,978 | |
| Taxes, remuneration and social security | 45 | €27 | €2,887 | +€2,860 | +10745.3% |
| Taxes | 450/3 | €27 | - | -€27 | |
| Remuneration and social security | 454/9 | - | €2,887 | +€2,887 | |
| Other amounts payable | 47/48 | €14,384 | €15,543 | +€1,159 | +8.1% |
| Remuneration, social security and pensions | 62 | - | €6,371 | +€6,371 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,578 | +€7,578 | |
| Other operating charges | 640/8 | - | €2,283 | +€2,283 | |
| Gross operating margin | 9900 | €117 | €9,588 | +€9,471 | +8105.2% |
| Operating profit (loss) | 9901 | €117 | -€6,645 | -€6,761 | |
| Financial income | 75/76B | €10 | €492 | +€482 | +4603.8% |
| Recurring financial income | 75 | €10 | €492 | +€482 | +4603.8% |
| Financial charges | 65/66B | €32 | €129 | +€97 | +301.7% |
| Recurring financial charges | 65 | €32 | €129 | +€97 | +301.7% |
| Profit (loss) for the period before taxes | 9903 | €95 | -€6,282 | -€6,377 | |
| Income taxes | 67/77 | €27 | - | -€27 | |
| Profit (loss) for the period | 9904 | €68 | -€6,282 | -€6,350 | |
| Profit (loss) for the period to be appropriated | 9905 | €68 | -€6,282 | -€6,350 |
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 9 October 2026 via checked.be.