AM-TECH DEBAERE: 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-TECH DEBAERE
Largest movements
- Cash -€16,726
down €16,726 (-99.9%), from €16,741 to €15
mainly Investment in fixed assets (net) (-€41,744) and Receivables within one year (-€15,737)
- Receivables within one year +€15,737
up €15,737 (+19.5%), from €80,729 to €96,465
of which Trade receivables: +€11,699
- Reserves +€17,483
up €17,483 (+15.8%), from €110,375 to €127,858
- Debts after one year -€13,257
down €13,257 (-6.1%), from €217,055 to €203,798
- Short-term financial debts -€13,140
down €13,140 (-52.6%), from €25,000 to €11,860
- Tax, wage and social debts +€6,939
up €6,939 (+51.6%), from €13,449 to €20,388
of which Taxes: +€6,036
- Trade debts -€5,232
down €5,232 (-19.1%), from €27,358 to €22,127
- Gross operating margin -€10,663
down €10,663 (-4.0%), from €266,034 to €255,371
- Staff costs +€9,424
up €9,424 (+6.8%), from €139,339 to €148,763
- Taxes -€5,952
down €5,952 (-32.1%), from €18,516 to €12,563
- Other operating charges +€4,203
up €4,203 (+93.9%), from €4,477 to €8,680
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 | €459,207 | €449,368 | -€9,839 | -2.1% |
| Fixed assets | 21/28 | €339,869 | €336,811 | -€3,058 | -0.9% |
| Tangible fixed assets | 22/27 | €339,869 | €336,811 | -€3,058 | -0.9% |
| Land and buildings | 22 | €273,037 | €261,829 | -€11,208 | -4.1% |
| Plant, machinery and equipment | 23 | €14,420 | €12,506 | -€1,914 | -13.3% |
| Furniture and vehicles | 24 | €6,769 | €6,800 | +€30 | +0.4% |
| Leasing and similar rights | 25 | €45,643 | €55,676 | +€10,033 | +22.0% |
| Current assets | 29/58 | €119,338 | €112,557 | -€6,781 | -5.7% |
| Stocks and contracts in progress | 3 | €13,818 | €12,560 | -€1,258 | -9.1% |
| Stocks | 30/36 | €13,818 | €12,560 | -€1,258 | -9.1% |
| Amounts receivable within one year | 40/41 | €80,729 | €96,465 | +€15,737 | +19.5% |
| Trade receivables | 40 | €51,761 | €63,460 | +€11,699 | +22.6% |
| Other amounts receivable | 41 | €28,967 | €33,005 | +€4,037 | +13.9% |
| Cash at bank and in hand | 54/58 | €16,741 | €15 | -€16,726 | -99.9% |
| Deferred charges and accrued income | 490/1 | €8,050 | €3,517 | -€4,533 | -56.3% |
| Total equity and liabilities | 10/49 | €459,207 | €449,368 | -€9,839 | -2.1% |
| Equity | 10/15 | €128,975 | €146,458 | +€17,483 | +13.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €110,375 | €127,858 | +€17,483 | +15.8% |
| Distributable reserves | 133 | €110,375 | €127,858 | +€17,483 | +15.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €330,232 | €302,910 | -€27,322 | -8.3% |
| Amounts payable after more than one year | 17 | €217,055 | €203,798 | -€13,257 | -6.1% |
| Financial debts | 170/4 | €217,055 | €203,798 | -€13,257 | -6.1% |
| Amounts payable within one year | 42/48 | €112,388 | €96,392 | -€15,996 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €44,863 | €42,017 | -€2,846 | -6.3% |
| Financial debts | 43 | €25,000 | €11,860 | -€13,140 | -52.6% |
| Credit institutions | 430/8 | €25,000 | €11,860 | -€13,140 | -52.6% |
| Trade debts | 44 | €27,358 | €22,127 | -€5,232 | -19.1% |
| Suppliers | 440/4 | €27,358 | €22,127 | -€5,232 | -19.1% |
| Taxes, remuneration and social security | 45 | €13,449 | €20,388 | +€6,939 | +51.6% |
| Taxes | 450/3 | €2,541 | €8,577 | +€6,036 | +238% |
| Remuneration and social security | 454/9 | €10,908 | €11,811 | +€903 | +8.3% |
| Other amounts payable | 47/48 | €1,718 | €0 | -€1,718 | -100% |
| Accrued charges and deferred income | 492/3 | €789 | €2,720 | +€1,931 | +245% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €139,339 | €148,763 | +€9,424 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,185 | €44,803 | -€2,382 | -5.0% |
| Other operating charges | 640/8 | €4,477 | €8,680 | +€4,203 | +93.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €266,034 | €255,371 | -€10,663 | -4.0% |
| Operating profit (loss) | 9901 | €75,032 | €53,126 | -€21,907 | -29.2% |
| Financial income | 75/76B | €1,434 | €1,371 | -€63 | -4.4% |
| Recurring financial income | 75 | €1,434 | €1,371 | -€63 | -4.4% |
| Financial charges | 65/66B | €11,658 | €10,991 | -€667 | -5.7% |
| Recurring financial charges | 65 | €11,658 | €10,991 | -€667 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €64,809 | €43,506 | -€21,302 | -32.9% |
| Income taxes | 67/77 | €18,516 | €12,563 | -€5,952 | -32.1% |
| Profit (loss) for the period | 9904 | €46,293 | €30,943 | -€15,350 | -33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €46,293 | €30,943 | -€15,350 | -33.2% |
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.