AF-AME: what changed
AF-AME
Largest movements
- Cash -€11,106
down €11,106 (-42.9%), from €25,862 to €14,756
mainly Net result for the year (-€22,382) and Investment in fixed assets (net) (-€2,895)
- Tangible fixed assets -€10,975
down €10,975 (-38.4%), from €28,607 to €17,632
of which Furniture and vehicles: -€10,688
- Receivables within one year +€2,400
up €2,400 (+111%), from €2,157 to €4,558
of which Other amounts receivable: +€3,767
- Deferred charges and accrued income +€615
up €615 (+37.8%), from €1,626 to €2,241
- Profit (loss) carried forward -€22,382
down €22,382, from €18,589 to -€3,794
- Trade debts +€2,298
up €2,298 (+92.4%), from €2,486 to €4,783
- Tax, wage and social debts +€1,587
up €1,587 (+12.1%), from €13,149 to €14,735
of which Taxes: +€1,587
- Other debts -€1,379
down €1,379 (-6.3%), from €21,862 to €20,482
- Accrued charges and deferred income +€613
new in 2025: €613
- Gross operating margin -€48,962
down €48,962, from €42,456 to -€6,506
- Taxes -€9,671
down €9,671 (-97.6%), from €9,904 to €233
- Depreciation +€1,417
up €1,417 (+11.2%), from €12,653 to €14,070
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,085 | €39,820 | -€19,265 | -32.6% |
| Fixed assets | 21/28 | €29,440 | €18,265 | -€11,175 | -38.0% |
| Intangible fixed assets | 21 | €833 | €633 | -€200 | -24.0% |
| Tangible fixed assets | 22/27 | €28,607 | €17,632 | -€10,975 | -38.4% |
| Furniture and vehicles | 24 | €27,305 | €16,617 | -€10,688 | -39.1% |
| Other tangible fixed assets | 26 | €1,302 | €1,015 | -€287 | -22.0% |
| Current assets | 29/58 | €29,645 | €21,555 | -€8,090 | -27.3% |
| Amounts receivable within one year | 40/41 | €2,157 | €4,558 | +€2,400 | +111% |
| Trade receivables | 40 | €2,157 | €791 | -€1,366 | -63.3% |
| Other amounts receivable | 41 | - | €3,767 | +€3,767 | |
| Cash at bank and in hand | 54/58 | €25,862 | €14,756 | -€11,106 | -42.9% |
| Deferred charges and accrued income | 490/1 | €1,626 | €2,241 | +€615 | +37.8% |
| Total equity and liabilities | 10/49 | €59,085 | €39,820 | -€19,265 | -32.6% |
| Equity | 10/15 | €21,589 | -€794 | -€22,382 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,589 | -€3,794 | -€22,382 | |
| Amounts payable | 17/49 | €37,496 | €40,614 | +€3,118 | +8.3% |
| Amounts payable within one year | 42/48 | €37,496 | €40,001 | +€2,505 | +6.7% |
| Trade debts | 44 | €2,486 | €4,783 | +€2,298 | +92.4% |
| Suppliers | 440/4 | €2,486 | €4,783 | +€2,298 | +92.4% |
| Taxes, remuneration and social security | 45 | €13,149 | €14,735 | +€1,587 | +12.1% |
| Taxes | 450/3 | €11,649 | €13,235 | +€1,587 | +13.6% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €21,862 | €20,482 | -€1,379 | -6.3% |
| Accrued charges and deferred income | 492/3 | - | €613 | +€613 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,653 | €14,070 | +€1,417 | +11.2% |
| Other operating charges | 640/8 | €1,292 | €1,291 | -€1 | -0.1% |
| Gross operating margin | 9900 | €42,456 | -€6,506 | -€48,962 | |
| Operating profit (loss) | 9901 | €28,511 | -€21,867 | -€50,378 | |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €19 | €288 | +€270 | +1,447% |
| Recurring financial charges | 65 | €19 | €288 | +€270 | +1,447% |
| Profit (loss) for the period before taxes | 9903 | €28,492 | -€22,149 | -€50,642 | |
| Income taxes | 67/77 | €9,904 | €233 | -€9,671 | -97.6% |
| Profit (loss) for the period | 9904 | €18,589 | -€22,382 | -€40,971 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,589 | -€22,382 | -€40,971 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.