AM Psy: what changed
Two fiscal 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 Psy
Largest movements
- Tangible fixed assets -€30,255
down €30,255 (-4.8%), from €636,056 to €605,801
of which Land and buildings: -€17,900
- Receivables within one year +€15,358
up €15,358 (+55.0%), from €27,943 to €43,301
- Debts after one year -€67,693
down €67,693 (-15.8%), from €428,840 to €361,147
- Reserves +€50,982
up €50,982 (+18.8%), from €270,731 to €321,713
- Current portion of long-term debt -€9,019
down €9,019 (-18.0%), from €50,010 to €40,991
- Gross operating margin -€39,442
down €39,442 (-20.7%), from €190,524 to €151,082
- Depreciation -€14,400
down €14,400 (-32.9%), from €43,828 to €29,428
- Taxes -€13,257
down €13,257 (-23.4%), from €56,649 to €43,392
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 | €796,807 | €777,338 | -€19,469 | -2.4% |
| Fixed assets | 21/28 | €636,056 | €605,801 | -€30,255 | -4.8% |
| Tangible fixed assets | 22/27 | €636,056 | €605,801 | -€30,255 | -4.8% |
| Land and buildings | 22 | €574,671 | €556,771 | -€17,900 | -3.1% |
| Plant, machinery and equipment | 23 | €16,872 | €12,545 | -€4,327 | -25.6% |
| Furniture and vehicles | 24 | €44,513 | €36,485 | -€8,028 | -18.0% |
| Current assets | 29/58 | €160,751 | €171,537 | +€10,786 | +6.7% |
| Amounts receivable within one year | 40/41 | €27,943 | €43,301 | +€15,358 | +55.0% |
| Other amounts receivable | 41 | €27,943 | €43,301 | +€15,358 | +55.0% |
| Cash at bank and in hand | 54/58 | €130,850 | €126,765 | -€4,085 | -3.1% |
| Deferred charges and accrued income | 490/1 | €1,958 | €1,471 | -€487 | -24.9% |
| Total equity and liabilities | 10/49 | €796,807 | €777,338 | -€19,469 | -2.4% |
| Equity | 10/15 | €283,131 | €334,113 | +€50,982 | +18.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €270,731 | €321,713 | +€50,982 | +18.8% |
| Distributable reserves | 133 | €270,731 | €321,713 | +€50,982 | +18.8% |
| Amounts payable | 17/49 | €513,676 | €443,225 | -€70,451 | -13.7% |
| Amounts payable after more than one year | 17 | €428,840 | €361,147 | -€67,693 | -15.8% |
| Financial debts | 170/4 | €428,840 | €361,147 | -€67,693 | -15.8% |
| Amounts payable within one year | 42/48 | €84,009 | €81,227 | -€2,782 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €50,010 | €40,991 | -€9,019 | -18.0% |
| Trade debts | 44 | €7,663 | €8,272 | +€609 | +7.9% |
| Suppliers | 440/4 | €7,663 | €8,272 | +€609 | +7.9% |
| Taxes, remuneration and social security | 45 | - | €3,000 | +€3,000 | |
| Taxes | 450/3 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €26,336 | €28,964 | +€2,628 | +10.0% |
| Accrued charges and deferred income | 492/3 | €827 | €851 | +€24 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,828 | €29,428 | -€14,400 | -32.9% |
| Gross operating margin | 9900 | €190,524 | €151,082 | -€39,442 | -20.7% |
| Operating profit (loss) | 9901 | €146,696 | €121,654 | -€25,042 | -17.1% |
| Financial income | 75/76B | €250 | €259 | +€9 | +3.6% |
| Recurring financial income | 75 | €250 | €259 | +€9 | +3.6% |
| Financial charges | 65/66B | €11,479 | €11,012 | -€467 | -4.1% |
| Recurring financial charges | 65 | €11,479 | €11,012 | -€467 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €135,467 | €110,901 | -€24,566 | -18.1% |
| Income taxes | 67/77 | €56,649 | €43,392 | -€13,257 | -23.4% |
| Profit (loss) for the period | 9904 | €78,818 | €67,509 | -€11,309 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €78,818 | €67,509 | -€11,309 | -14.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.