AM@HOME: 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.
AM@HOME
Largest movements
- Financial fixed assets -€707,502
down €707,502 (-97.5%), from €725,916 to €18,414
- Cash +€217,628
up €217,628 (+699%), from €31,153 to €248,780
mainly Investment in fixed assets (net) (+€705,602) and Stocks and contracts (+€204,295)
- Stocks and contracts -€204,295
down €204,295 (-100%), from €204,295 to €0
- Debts after one year -€690,434
down €690,434 (-100%), from €690,434 to €0
- Profit (loss) carried forward -€99,033
down €99,033 (-571%), from -€17,339 to -€116,372
- Tax, wage and social debts +€76,611
up €76,611 (+46,925%), from €163 to €76,774
- Other debts +€18,259
up €18,259 (+70.9%), from €25,761 to €44,020
- Financial charges +€238,445
up €238,445 (+72,352%), from €330 to €238,774
- Gross operating margin +€154,008
up €154,008, from -€20,144 to €133,865
- Other operating charges -€3,020
down €3,020 (-73.9%), from €4,085 to €1,065
- Financial income -€2,890
down €2,890 (-26.2%), from €11,044 to €8,153
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 | €965,537 | €271,181 | -€694,356 | -71.9% |
| Fixed assets | 21/28 | €728,197 | €21,556 | -€706,641 | -97.0% |
| Tangible fixed assets | 22/27 | €2,281 | €3,142 | +€861 | +37.7% |
| Furniture and vehicles | 24 | €2,281 | €3,142 | +€861 | +37.7% |
| Financial fixed assets | 28 | €725,916 | €18,414 | -€707,502 | -97.5% |
| Current assets | 29/58 | €237,340 | €249,625 | +€12,285 | +5.2% |
| Stocks and contracts in progress | 3 | €204,295 | €0 | -€204,295 | -100% |
| Stocks | 30/36 | €204,295 | €0 | -€204,295 | -100% |
| Amounts receivable within one year | 40/41 | €1,714 | €575 | -€1,139 | -66.5% |
| Trade receivables | 40 | €1,668 | €575 | -€1,094 | -65.6% |
| Other amounts receivable | 41 | €45 | €0 | -€45 | -100% |
| Cash at bank and in hand | 54/58 | €31,153 | €248,780 | +€217,628 | +699% |
| Deferred charges and accrued income | 490/1 | €178 | €270 | +€92 | +51.5% |
| Total equity and liabilities | 10/49 | €965,537 | €271,181 | -€694,356 | -71.9% |
| Equity | 10/15 | €248,121 | €149,088 | -€99,033 | -39.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €246,860 | €246,860 | = | 0.0% |
| Distributable reserves | 133 | €246,860 | €246,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,339 | -€116,372 | -€99,033 | -571% |
| Amounts payable | 17/49 | €717,416 | €122,093 | -€595,323 | -83.0% |
| Amounts payable after more than one year | 17 | €690,434 | €0 | -€690,434 | -100% |
| Financial debts | 170/4 | €690,434 | €0 | -€690,434 | -100% |
| Amounts payable within one year | 42/48 | €26,617 | €121,728 | +€95,111 | +357% |
| Trade debts | 44 | €693 | €934 | +€241 | +34.7% |
| Suppliers | 440/4 | €693 | €934 | +€241 | +34.7% |
| Taxes, remuneration and social security | 45 | €163 | €76,774 | +€76,611 | +46,925% |
| Taxes | 450/3 | €163 | €76,774 | +€76,611 | +46,925% |
| Other amounts payable | 47/48 | €25,761 | €44,020 | +€18,259 | +70.9% |
| Accrued charges and deferred income | 492/3 | €365 | €365 | = | 0.0% |
| Non-recurring operating income | 76A | €10,000 | €0 | -€10,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €519 | €1,039 | +€520 | +100% |
| Other operating charges | 640/8 | €4,085 | €1,065 | -€3,020 | -73.9% |
| Gross operating margin | 9900 | -€20,144 | €133,865 | +€154,008 | |
| Operating profit (loss) | 9901 | -€24,747 | €131,761 | +€156,508 | |
| Financial income | 75/76B | €11,044 | €8,153 | -€2,890 | -26.2% |
| Recurring financial income | 75 | €11,044 | €8,153 | -€2,890 | -26.2% |
| Financial charges | 65/66B | €330 | €238,774 | +€238,445 | +72,352% |
| Recurring financial charges | 65 | €330 | €238,774 | +€238,445 | +72,352% |
| Profit (loss) for the period before taxes | 9903 | -€14,033 | -€98,860 | -€84,827 | -604% |
| Income taxes | 67/77 | €154 | €173 | +€18 | +11.7% |
| Profit (loss) for the period | 9904 | -€14,188 | -€99,033 | -€84,845 | -598% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,188 | -€99,033 | -€84,845 | -598% |
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 22 October 2026 via checked.be.