AM.perfusion: 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.perfusion
Largest movements
- Tangible fixed assets -€20,336
down €20,336 (-26.4%), from €76,941 to €56,605
- Cash -€13,851
down €13,851 (-19.2%), from €72,289 to €58,439
mainly Net result for the year (-€27,039) and Debts after one year (-€16,063)
- Receivables within one year -€13,122
down €13,122 (-71.9%), from €18,259 to €5,138
of which Trade receivables: -€12,511
- Deferred charges and accrued income +€12,613
up €12,613 (+1,913%), from €659 to €13,273
- Profit (loss) carried forward -€27,039
down €27,039, from €1,513 to -€25,525
- Other debts +€16,143
up €16,143 (+17.6%), from €91,778 to €107,921
- Debts after one year -€16,063
down €16,063 (-34.1%), from €47,137 to €31,074
- Tax, wage and social debts -€9,925
no longer reported in 2025 (was €9,925)
- Trade debts +€1,813
up €1,813 (+1,684%), from €108 to €1,921
- Financial charges +€18,198
up €18,198 (+52.6%), from €34,598 to €52,796
- Gross operating margin -€15,539
down €15,539 (-24.7%), from €62,824 to €47,285
- Depreciation +€10,499
up €10,499 (+115%), from €9,105 to €19,604
- Taxes -€4,912
down €4,912 (-84.7%), from €5,800 to €888
- Other operating charges +€1,221
up €1,221 (+315%), from €387 to €1,609
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 | €168,149 | €133,454 | -€34,695 | -20.6% |
| Fixed assets | 21/28 | €76,941 | €56,605 | -€20,336 | -26.4% |
| Tangible fixed assets | 22/27 | €76,941 | €56,605 | -€20,336 | -26.4% |
| Furniture and vehicles | 24 | €76,941 | €56,605 | -€20,336 | -26.4% |
| Current assets | 29/58 | €91,208 | €76,849 | -€14,359 | -15.7% |
| Amounts receivable within one year | 40/41 | €18,259 | €5,138 | -€13,122 | -71.9% |
| Trade receivables | 40 | €12,511 | - | -€12,511 | |
| Other amounts receivable | 41 | €5,748 | €5,138 | -€611 | -10.6% |
| Cash at bank and in hand | 54/58 | €72,289 | €58,439 | -€13,851 | -19.2% |
| Deferred charges and accrued income | 490/1 | €659 | €13,273 | +€12,613 | +1,913% |
| Total equity and liabilities | 10/49 | €168,149 | €133,454 | -€34,695 | -20.6% |
| Equity | 10/15 | €3,513 | -€23,525 | -€27,039 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,513 | -€25,525 | -€27,039 | |
| Amounts payable | 17/49 | €164,635 | €156,979 | -€7,656 | -4.7% |
| Amounts payable after more than one year | 17 | €47,137 | €31,074 | -€16,063 | -34.1% |
| Financial debts | 170/4 | €47,137 | €31,074 | -€16,063 | -34.1% |
| Amounts payable within one year | 42/48 | €117,498 | €125,905 | +€8,407 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €15,688 | €16,063 | +€375 | +2.4% |
| Trade debts | 44 | €108 | €1,921 | +€1,813 | +1,684% |
| Suppliers | 440/4 | €108 | €1,921 | +€1,813 | +1,684% |
| Taxes, remuneration and social security | 45 | €9,925 | - | -€9,925 | |
| Taxes | 450/3 | €9,925 | - | -€9,925 | |
| Other amounts payable | 47/48 | €91,778 | €107,921 | +€16,143 | +17.6% |
| Non-recurring operating income | 76A | €65 | - | -€65 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,105 | €19,604 | +€10,499 | +115% |
| Other operating charges | 640/8 | €387 | €1,609 | +€1,221 | +315% |
| Gross operating margin | 9900 | €62,824 | €47,285 | -€15,539 | -24.7% |
| Operating profit (loss) | 9901 | €53,332 | €26,072 | -€27,260 | -51.1% |
| Financial income | 75/76B | - | €573 | +€573 | |
| Recurring financial income | 75 | - | €573 | +€573 | |
| Financial charges | 65/66B | €34,598 | €52,796 | +€18,198 | +52.6% |
| Recurring financial charges | 65 | €34,598 | €52,796 | +€18,198 | +52.6% |
| Profit (loss) for the period before taxes | 9903 | €18,734 | -€26,151 | -€44,884 | |
| Income taxes | 67/77 | €5,800 | €888 | -€4,912 | -84.7% |
| Profit (loss) for the period | 9904 | €12,934 | -€27,039 | -€39,972 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,934 | -€27,039 | -€39,972 |
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 19 October 2026 via checked.be.