AM-VENT: 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-VENT
Largest movements
- Receivables within one year +€17,843
up €17,843 (+42.8%), from €41,706 to €59,550
of which Other amounts receivable: +€21,407
- Receivables after one year -€17,799
down €17,799 (-25.0%), from €71,196 to €53,397
- Cash -€3,101
down €3,101 (-24.0%), from €12,915 to €9,814
mainly Contributions, distributions and other (-€20,940) and Receivables within one year (-€17,843)
- Tangible fixed assets -€1,718
down €1,718 (-43.9%), from €3,916 to €2,197
of which Furniture and vehicles: -€1,428
- Reserves -€27,135
down €27,135 (-24.5%), from €110,793 to €83,658
- Other debts +€21,633
up €21,633 (+1259.2%), from €1,718 to €23,351
- Trade debts +€1,549
up €1,549 (+27.1%), from €5,719 to €7,269
- Staff costs +€10,387
new in 2025: €10,387
- Taxes -€2,529
down €2,529 (-93.5%), from €2,705 to €176
- Financial charges +€2,515
up €2,515 (+333.5%), from €754 to €3,269
- Gross operating margin -€2,291
down €2,291 (-23.7%), from €9,657 to €7,366
- Financial income -€2,050
down €2,050 (-36.5%), from €5,616 to €3,567
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 | €136,392 | €131,773 | -€4,619 | -3.4% |
| Fixed assets | 21/28 | €6,016 | €4,297 | -€1,718 | -28.6% |
| Tangible fixed assets | 22/27 | €3,916 | €2,197 | -€1,718 | -43.9% |
| Plant, machinery and equipment | 23 | €581 | €290 | -€291 | -50.0% |
| Furniture and vehicles | 24 | €3,335 | €1,907 | -€1,428 | -42.8% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €130,376 | €127,475 | -€2,901 | -2.2% |
| Amounts receivable after more than one year | 29 | €71,196 | €53,397 | -€17,799 | -25.0% |
| Other amounts receivable | 291 | €71,196 | €53,397 | -€17,799 | -25.0% |
| Amounts receivable within one year | 40/41 | €41,706 | €59,550 | +€17,843 | +42.8% |
| Trade receivables | 40 | €20,359 | €16,795 | -€3,564 | -17.5% |
| Other amounts receivable | 41 | €21,347 | €42,754 | +€21,407 | +100.3% |
| Cash at bank and in hand | 54/58 | €12,915 | €9,814 | -€3,101 | -24.0% |
| Deferred charges and accrued income | 490/1 | €4,559 | €4,715 | +€156 | +3.4% |
| Total equity and liabilities | 10/49 | €136,392 | €131,773 | -€4,619 | -3.4% |
| Equity | 10/15 | €116,993 | €89,858 | -€27,135 | -23.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €110,793 | €83,658 | -€27,135 | -24.5% |
| Distributable reserves | 133 | €110,793 | €83,658 | -€27,135 | -24.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €19,398 | €41,914 | +€22,516 | +116.1% |
| Amounts payable within one year | 42/48 | €19,371 | €41,673 | +€22,302 | +115.1% |
| Trade debts | 44 | €5,719 | €7,269 | +€1,549 | +27.1% |
| Suppliers | 440/4 | €5,719 | €7,269 | +€1,549 | +27.1% |
| Advances received on contracts in progress | 46 | - | €148 | +€148 | |
| Taxes, remuneration and social security | 45 | €11,934 | €10,906 | -€1,028 | -8.6% |
| Taxes | 450/3 | €6,425 | €4,363 | -€2,062 | -32.1% |
| Remuneration and social security | 454/9 | €5,509 | €6,543 | +€1,034 | +18.8% |
| Other amounts payable | 47/48 | €1,718 | €23,351 | +€21,633 | +1259.2% |
| Accrued charges and deferred income | 492/3 | €27 | €241 | +€214 | +783.5% |
| Remuneration, social security and pensions | 62 | - | €10,387 | +€10,387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,587 | €1,718 | -€869 | -33.6% |
| Other operating charges | 640/8 | €1,611 | €1,577 | -€34 | -2.1% |
| Gross operating margin | 9900 | €9,657 | €7,366 | -€2,291 | -23.7% |
| Operating profit (loss) | 9901 | €5,459 | -€6,316 | -€11,776 | |
| Financial income | 75/76B | €5,616 | €3,567 | -€2,050 | -36.5% |
| Recurring financial income | 75 | €5,616 | €3,567 | -€2,050 | -36.5% |
| Financial charges | 65/66B | €754 | €3,269 | +€2,515 | +333.5% |
| Recurring financial charges | 65 | €754 | €3,269 | +€2,515 | +333.5% |
| Profit (loss) for the period before taxes | 9903 | €10,321 | -€6,019 | -€16,340 | |
| Income taxes | 67/77 | €2,705 | €176 | -€2,529 | -93.5% |
| Profit (loss) for the period | 9904 | €7,616 | -€6,195 | -€13,811 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,616 | -€6,195 | -€13,811 |
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 12 October 2026 via checked.be.