Ama-Reno: 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-Reno
Largest movements
- Cash -€38,474
down €38,474 (-46.3%), from €83,094 to €44,620
mainly Contributions, distributions and other (-€96,531) and Trade debts (-€9,511)
- Receivables within one year -€7,594
down €7,594 (-50.3%), from €15,093 to €7,499
of which Trade receivables: -€9,763
- Deferred charges and accrued income -€1,168
down €1,168 (-71.4%), from €1,637 to €469
- Reserves -€68,487
down €68,487 (-95.7%), from €71,531 to €3,044
- Other debts +€31,331
up €31,331 (+372%), from €8,432 to €39,764
- Trade debts -€9,511
down €9,511 (-57.7%), from €16,495 to €6,985
- Tax, wage and social debts -€1,423
down €1,423 (-100%), from €1,423 to €0
- Gross operating margin -€19,172
down €19,172 (-33.1%), from €57,978 to €38,806
- Taxes -€3,194
down €3,194 (-28.0%), from €11,423 to €8,228
- Other operating charges +€906
up €906 (+128%), from €709 to €1,615
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 | €100,881 | €52,792 | -€48,089 | -47.7% |
| Fixed assets | 21/28 | €1,058 | €205 | -€853 | -80.7% |
| Tangible fixed assets | 22/27 | €1,058 | €112 | -€946 | -89.4% |
| Plant, machinery and equipment | 23 | €522 | €0 | -€522 | -100% |
| Furniture and vehicles | 24 | €536 | €112 | -€425 | -79.2% |
| Financial fixed assets | 28 | - | €93 | +€93 | |
| Current assets | 29/58 | €99,823 | €52,587 | -€47,236 | -47.3% |
| Amounts receivable within one year | 40/41 | €15,093 | €7,499 | -€7,594 | -50.3% |
| Trade receivables | 40 | €9,763 | €0 | -€9,763 | -100% |
| Other amounts receivable | 41 | €5,329 | €7,499 | +€2,169 | +40.7% |
| Cash at bank and in hand | 54/58 | €83,094 | €44,620 | -€38,474 | -46.3% |
| Deferred charges and accrued income | 490/1 | €1,637 | €469 | -€1,168 | -71.4% |
| Total equity and liabilities | 10/49 | €100,881 | €52,792 | -€48,089 | -47.7% |
| Equity | 10/15 | €74,531 | €6,044 | -€68,487 | -91.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €71,531 | €3,044 | -€68,487 | -95.7% |
| Distributable reserves | 133 | €71,531 | €3,044 | -€68,487 | -95.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €26,350 | €46,748 | +€20,398 | +77.4% |
| Amounts payable within one year | 42/48 | €26,350 | €46,748 | +€20,398 | +77.4% |
| Trade debts | 44 | €16,495 | €6,985 | -€9,511 | -57.7% |
| Suppliers | 440/4 | €16,495 | €6,985 | -€9,511 | -57.7% |
| Taxes, remuneration and social security | 45 | €1,423 | €0 | -€1,423 | -100% |
| Taxes | 450/3 | €1,423 | €0 | -€1,423 | -100% |
| Other amounts payable | 47/48 | €8,432 | €39,764 | +€31,331 | +372% |
| Non-recurring operating income | 76A | €24,239 | €0 | -€24,239 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,061 | €946 | -€115 | -10.8% |
| Other operating charges | 640/8 | €709 | €1,615 | +€906 | +128% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €57,978 | €38,806 | -€19,172 | -33.1% |
| Operating profit (loss) | 9901 | €56,207 | €36,245 | -€19,963 | -35.5% |
| Financial income | 75/76B | €259 | €117 | -€142 | -54.8% |
| Recurring financial income | 75 | €259 | €117 | -€142 | -54.8% |
| Financial charges | 65/66B | €374 | €90 | -€284 | -75.9% |
| Recurring financial charges | 65 | €374 | €90 | -€284 | -75.9% |
| Profit (loss) for the period before taxes | 9903 | €56,093 | €36,272 | -€19,821 | -35.3% |
| Income taxes | 67/77 | €11,423 | €8,228 | -€3,194 | -28.0% |
| Profit (loss) for the period | 9904 | €44,670 | €28,044 | -€16,626 | -37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,670 | €28,044 | -€16,626 | -37.2% |
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 15 October 2026 via checked.be.