AMAAI !: 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.
AMAAI !
Largest movements
- Cash +€27,205
up €27,205 (+22.1%), from €122,946 to €150,151
mainly Receivables within one year (+€27,172) and Net result for the year (+€26,068)
- Receivables within one year -€27,172
down €27,172 (-19.1%), from €141,988 to €114,817
of which Trade receivables: -€16,068
- Tangible fixed assets -€12,036
down €12,036 (-3.0%), from €403,791 to €391,755
of which Land and buildings: -€17,533
- Debts after one year -€26,408
down €26,408 (-13.8%), from €191,024 to €164,617
- Trade debts -€18,150
down €18,150 (-31.7%), from €57,252 to €39,102
- Profit (loss) carried forward +€18,060
no longer reported in 2025 (was -€18,060)
- Reserves +€8,008
up €8,008 (+2.9%), from €272,291 to €280,299
of which Distributable reserves: +€8,008
- Gross operating margin +€89,851
up €89,851 (+29.2%), from €307,580 to €397,432
- Staff costs +€37,064
up €37,064 (+12.7%), from €292,668 to €329,732
- Taxes +€7,899
up €7,899 (+1,769%), from €446 to €8,345
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 | €728,866 | €715,410 | -€13,456 | -1.8% |
| Fixed assets | 21/28 | €404,411 | €392,025 | -€12,386 | -3.1% |
| Tangible fixed assets | 22/27 | €403,791 | €391,755 | -€12,036 | -3.0% |
| Land and buildings | 22 | €355,866 | €338,333 | -€17,533 | -4.9% |
| Plant, machinery and equipment | 23 | €11,718 | €13,903 | +€2,185 | +18.6% |
| Furniture and vehicles | 24 | €6,207 | €9,519 | +€3,312 | +53.4% |
| Other tangible fixed assets | 26 | €30,000 | €30,000 | = | 0.0% |
| Financial fixed assets | 28 | €620 | €270 | -€350 | -56.5% |
| Current assets | 29/58 | €324,455 | €323,385 | -€1,071 | -0.3% |
| Stocks and contracts in progress | 3 | €49,830 | €47,561 | -€2,269 | -4.6% |
| Stocks | 30/36 | €49,830 | €47,561 | -€2,269 | -4.6% |
| Amounts receivable within one year | 40/41 | €141,988 | €114,817 | -€27,172 | -19.1% |
| Trade receivables | 40 | €78,570 | €62,502 | -€16,068 | -20.5% |
| Other amounts receivable | 41 | €63,419 | €52,315 | -€11,104 | -17.5% |
| Cash at bank and in hand | 54/58 | €122,946 | €150,151 | +€27,205 | +22.1% |
| Deferred charges and accrued income | 490/1 | €9,691 | €10,856 | +€1,165 | +12.0% |
| Total equity and liabilities | 10/49 | €728,866 | €715,410 | -€13,456 | -1.8% |
| Equity | 10/15 | €359,573 | €385,641 | +€26,068 | +7.2% |
| Contributions | 10/11 | €105,342 | €105,342 | = | 0.0% |
| Reserves | 13 | €272,291 | €280,299 | +€8,008 | +2.9% |
| Non-distributable reserves | 130/1 | €8,675 | €8,675 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,675 | €8,675 | = | 0.0% |
| Distributable reserves | 133 | €263,616 | €271,624 | +€8,008 | +3.0% |
| Profit (loss) carried forward | 14 | -€18,060 | - | +€18,060 | |
| Amounts payable | 17/49 | €369,293 | €329,769 | -€39,524 | -10.7% |
| Amounts payable after more than one year | 17 | €191,024 | €164,617 | -€26,408 | -13.8% |
| Financial debts | 170/4 | €191,024 | €164,617 | -€26,408 | -13.8% |
| Amounts payable within one year | 42/48 | €177,036 | €164,427 | -€12,610 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €26,015 | €26,408 | +€393 | +1.5% |
| Trade debts | 44 | €57,252 | €39,102 | -€18,150 | -31.7% |
| Suppliers | 440/4 | €57,252 | €39,102 | -€18,150 | -31.7% |
| Advances received on contracts in progress | 46 | €957 | - | -€957 | |
| Taxes, remuneration and social security | 45 | €49,900 | €56,011 | +€6,111 | +12.2% |
| Taxes | 450/3 | €22,851 | €24,481 | +€1,631 | +7.1% |
| Remuneration and social security | 454/9 | €27,050 | €31,530 | +€4,480 | +16.6% |
| Other amounts payable | 47/48 | €42,913 | €42,905 | -€7 | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,232 | €726 | -€506 | -41.1% |
| Remuneration, social security and pensions | 62 | €292,668 | €329,732 | +€37,064 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,429 | €24,669 | -€761 | -3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €250 | - | -€250 | |
| Other operating charges | 640/8 | €6,376 | €7,368 | +€991 | +15.5% |
| Gross operating margin | 9900 | €307,580 | €397,432 | +€89,851 | +29.2% |
| Operating profit (loss) | 9901 | -€17,143 | €35,663 | +€52,807 | |
| Financial income | 75/76B | €1,752 | €2,818 | +€1,065 | +60.8% |
| Recurring financial income | 75 | €1,752 | €2,818 | +€1,065 | +60.8% |
| Financial charges | 65/66B | €4,082 | €4,068 | -€14 | -0.3% |
| Recurring financial charges | 65 | €4,082 | €4,068 | -€14 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | -€19,473 | €34,413 | +€53,886 | |
| Income taxes | 67/77 | €446 | €8,345 | +€7,899 | +1,769% |
| Profit (loss) for the period | 9904 | -€19,919 | €26,068 | +€45,987 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,919 | €26,068 | +€45,987 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.