AMA BUSINESS: 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.
AMA BUSINESS
Largest movements
- Tangible fixed assets +€59,912
up €59,912 (+234%), from €25,588 to €85,500
- Cash -€14,643
down €14,643 (-44.9%), from €32,600 to €17,957
mainly Investment in fixed assets (net) (-€76,113) and Receivables within one year (-€13,771)
- Receivables within one year +€13,771
up €13,771 (+984%), from €1,400 to €15,172
- Trade debts +€46,144
up €46,144 (+5,684%), from €812 to €46,956
- Tax, wage and social debts +€8,400
up €8,400 (+135%), from €6,221 to €14,621
of which Remuneration and social security: +€13,443
- Other debts +€7,906
up €7,906 (+25.8%), from €30,616 to €38,522
- Profit (loss) carried forward -€3,409
down €3,409 (-18.0%), from €18,938 to €15,529
- Turnover -€142,204
no longer reported in 2025 (was €142,204)
- Purchases and services -€91,909
no longer reported in 2025 (was €91,909)
- Staff costs +€73,066
up €73,066 (+513%), from €14,232 to €87,299
- Gross operating margin +€53,821
up €53,821 (+107%), from €50,295 to €104,115
- Depreciation +€9,600
up €9,600 (+145%), from €6,600 to €16,200
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 | €59,588 | €118,629 | +€59,041 | +99.1% |
| Fixed assets | 21/28 | €25,588 | €85,500 | +€59,912 | +234% |
| Tangible fixed assets | 22/27 | €25,588 | €85,500 | +€59,912 | +234% |
| Furniture and vehicles | 24 | €25,588 | €85,500 | +€59,912 | +234% |
| Current assets | 29/58 | €34,000 | €33,129 | -€871 | -2.6% |
| Amounts receivable within one year | 40/41 | €1,400 | €15,172 | +€13,771 | +984% |
| Other amounts receivable | 41 | €1,400 | €15,172 | +€13,771 | +984% |
| Cash at bank and in hand | 54/58 | €32,600 | €17,957 | -€14,643 | -44.9% |
| Total equity and liabilities | 10/49 | €59,588 | €118,629 | +€59,041 | +99.1% |
| Equity | 10/15 | €21,938 | €18,529 | -€3,409 | -15.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,938 | €15,529 | -€3,409 | -18.0% |
| Amounts payable | 17/49 | €37,650 | €100,099 | +€62,450 | +166% |
| Amounts payable within one year | 42/48 | €37,650 | €100,099 | +€62,450 | +166% |
| Trade debts | 44 | €812 | €46,956 | +€46,144 | +5,684% |
| Suppliers | 440/4 | €812 | €46,956 | +€46,144 | +5,684% |
| Taxes, remuneration and social security | 45 | €6,221 | €14,621 | +€8,400 | +135% |
| Taxes | 450/3 | €6,221 | €1,178 | -€5,043 | -81.1% |
| Remuneration and social security | 454/9 | - | €13,443 | +€13,443 | |
| Other amounts payable | 47/48 | €30,616 | €38,522 | +€7,906 | +25.8% |
| Turnover | 70 | €142,204 | - | -€142,204 | |
| Goods, raw materials, services and sundry goods | 60/61 | €91,909 | - | -€91,909 | |
| Remuneration, social security and pensions | 62 | €14,232 | €87,299 | +€73,066 | +513% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,600 | €16,200 | +€9,600 | +145% |
| Other operating charges | 640/8 | €2,166 | €3,815 | +€1,649 | +76.1% |
| Gross operating margin | 9900 | €50,295 | €104,115 | +€53,821 | +107% |
| Operating profit (loss) | 9901 | €27,296 | -€3,198 | -€30,495 | |
| Financial charges | 65/66B | €317 | €247 | -€70 | -22.0% |
| Recurring financial charges | 65 | €317 | €247 | -€70 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €26,979 | -€3,445 | -€30,425 | |
| Income taxes | 67/77 | €5,043 | -€36 | -€5,079 | |
| Profit (loss) for the period | 9904 | €21,936 | -€3,409 | -€25,345 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,936 | -€3,409 | -€25,345 |
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 31 October 2026 via checked.be.