Aama: 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.
Aama
Largest movements
- Cash +€11,046
up €11,046 (+31.4%), from €35,216 to €46,262
mainly Net result for the year (+€37,202) and Tax, wage and social debts (+€8,832)
- Reserves +€150,000
up €150,000 (+8,065%), from €1,860 to €151,860
of which Distributable reserves: +€150,000
- Profit (loss) carried forward -€112,798
down €112,798 (-67.7%), from €166,498 to €53,700
- Trade debts -€38,380
down €38,380 (-94.0%), from €40,818 to €2,438
- Tax, wage and social debts +€8,832
up €8,832 (+37.3%), from €23,695 to €32,528
of which Taxes: +€13,823
- Financial charges -€50,059
down €50,059 (-97.5%), from €51,367 to €1,308
of which Non-recurring financial charges: -€49,502
- Gross operating margin +€34,265
up €34,265 (+29.4%), from €116,521 to €150,786
- Staff costs -€16,207
down €16,207 (-15.2%), from €106,545 to €90,338
- Taxes +€13,342
up €13,342 (+2,826%), from €472 to €13,814
- Other operating charges -€2,400
down €2,400 (-55.2%), from €4,347 to €1,947
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 | €239,072 | €248,726 | +€9,655 | +4.0% |
| Fixed assets | 21/28 | €30,333 | €29,928 | -€404 | -1.3% |
| Tangible fixed assets | 22/27 | €29,043 | €28,119 | -€924 | -3.2% |
| Plant, machinery and equipment | 23 | €8,971 | €7,113 | -€1,858 | -20.7% |
| Furniture and vehicles | 24 | €8,751 | €5,409 | -€3,342 | -38.2% |
| Other tangible fixed assets | 26 | €11,321 | €15,597 | +€4,276 | +37.8% |
| Financial fixed assets | 28 | €1,290 | €1,809 | +€520 | +40.3% |
| Current assets | 29/58 | €208,739 | €218,798 | +€10,059 | +4.8% |
| Stocks and contracts in progress | 3 | €2,358 | €2,358 | = | 0.0% |
| Stocks | 30/36 | €2,358 | €2,358 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €171,165 | €170,178 | -€987 | -0.6% |
| Trade receivables | 40 | €121,296 | €125,046 | +€3,751 | +3.1% |
| Other amounts receivable | 41 | €49,870 | €45,132 | -€4,738 | -9.5% |
| Cash at bank and in hand | 54/58 | €35,216 | €46,262 | +€11,046 | +31.4% |
| Total equity and liabilities | 10/49 | €239,072 | €248,726 | +€9,655 | +4.0% |
| Equity | 10/15 | €174,558 | €211,760 | +€37,202 | +21.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €151,860 | +€150,000 | +8,065% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €150,000 | +€150,000 | |
| Profit (loss) carried forward | 14 | €166,498 | €53,700 | -€112,798 | -67.7% |
| Amounts payable | 17/49 | €64,513 | €36,966 | -€27,547 | -42.7% |
| Amounts payable within one year | 42/48 | €64,513 | €34,966 | -€29,547 | -45.8% |
| Trade debts | 44 | €40,818 | €2,438 | -€38,380 | -94.0% |
| Suppliers | 440/4 | €40,818 | €2,438 | -€38,380 | -94.0% |
| Taxes, remuneration and social security | 45 | €23,695 | €32,528 | +€8,832 | +37.3% |
| Taxes | 450/3 | €17,075 | €30,898 | +€13,823 | +81.0% |
| Remuneration and social security | 454/9 | €6,620 | €1,630 | -€4,991 | -75.4% |
| Accrued charges and deferred income | 492/3 | - | €2,000 | +€2,000 | |
| Remuneration, social security and pensions | 62 | €106,545 | €90,338 | -€16,207 | -15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,790 | €6,203 | +€413 | +7.1% |
| Other operating charges | 640/8 | €4,347 | €1,947 | -€2,400 | -55.2% |
| Gross operating margin | 9900 | €116,521 | €150,786 | +€34,265 | +29.4% |
| Operating profit (loss) | 9901 | -€161 | €52,299 | +€52,459 | |
| Financial income | 75/76B | €133 | €24 | -€108 | -81.6% |
| Recurring financial income | 75 | €133 | €24 | -€108 | -81.6% |
| Financial charges | 65/66B | €51,367 | €1,308 | -€50,059 | -97.5% |
| Recurring financial charges | 65 | €1,865 | €1,308 | -€557 | -29.9% |
| Non-recurring financial charges | 66B | €49,502 | - | -€49,502 | |
| Profit (loss) for the period before taxes | 9903 | -€51,394 | €51,015 | +€102,410 | |
| Income taxes | 67/77 | €472 | €13,814 | +€13,342 | +2,826% |
| Profit (loss) for the period | 9904 | -€51,866 | €37,202 | +€89,068 | |
| Profit (loss) for the period to be appropriated | 9905 | -€51,866 | €37,202 | +€89,068 |
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 1 November 2026 via checked.be.