aMACE: 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.
aMACE
Largest movements
- Cash +€42,317
up €42,317 (+19.1%), from €221,041 to €263,358
mainly Net result for the year (+€49,511) and Accrued charges and deferred income (+€22,835)
- Receivables within one year -€7,206
down €7,206 (-10.5%), from €68,476 to €61,271
of which Other amounts receivable: -€8,043
- Financial fixed assets -€4,920
no longer reported in 2025 (was €4,920)
- Tangible fixed assets -€4,140
down €4,140 (-7.8%), from €53,365 to €49,226
of which Leasing and similar rights: -€6,334
- Accrued charges and deferred income +€22,835
new in 2025: €22,835
- Reserves +€4,940
up €4,940 (+1.6%), from €307,071 to €312,011
- Gross operating margin +€14,218
up €14,218 (+16.1%), from €88,514 to €102,731
- Taxes +€7,327
up €7,327 (+38.2%), from €19,156 to €26,483
- Financial charges +€6,832
up €6,832 (+1,988%), from €344 to €7,176
- Depreciation -€5,068
down €5,068 (-21.4%), from €23,711 to €18,643
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 | €348,314 | €376,061 | +€27,747 | +8.0% |
| Fixed assets | 21/28 | €58,285 | €49,226 | -€9,060 | -15.5% |
| Tangible fixed assets | 22/27 | €53,365 | €49,226 | -€4,140 | -7.8% |
| Land and buildings | 22 | €1,119 | €460 | -€658 | -58.8% |
| Plant, machinery and equipment | 23 | €7,902 | €9,058 | +€1,155 | +14.6% |
| Furniture and vehicles | 24 | €18,218 | €21,926 | +€3,707 | +20.3% |
| Leasing and similar rights | 25 | €11,121 | €4,787 | -€6,334 | -57.0% |
| Other tangible fixed assets | 26 | €15,005 | €12,995 | -€2,010 | -13.4% |
| Financial fixed assets | 28 | €4,920 | - | -€4,920 | |
| Current assets | 29/58 | €290,029 | €326,836 | +€36,807 | +12.7% |
| Amounts receivable within one year | 40/41 | €68,476 | €61,271 | -€7,206 | -10.5% |
| Trade receivables | 40 | €60,433 | €61,271 | +€838 | +1.4% |
| Other amounts receivable | 41 | €8,043 | - | -€8,043 | |
| Cash at bank and in hand | 54/58 | €221,041 | €263,358 | +€42,317 | +19.1% |
| Deferred charges and accrued income | 490/1 | €512 | €2,207 | +€1,695 | +331% |
| Total equity and liabilities | 10/49 | €348,314 | €376,061 | +€27,747 | +8.0% |
| Equity | 10/15 | €325,671 | €330,611 | +€4,940 | +1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €307,071 | €312,011 | +€4,940 | +1.6% |
| Distributable reserves | 133 | €307,071 | €312,011 | +€4,940 | +1.6% |
| Amounts payable | 17/49 | €22,644 | €45,451 | +€22,807 | +101% |
| Amounts payable after more than one year | 17 | €2,546 | €442 | -€2,105 | -82.7% |
| Financial debts | 170/4 | €2,546 | €442 | -€2,105 | -82.7% |
| Amounts payable within one year | 42/48 | €20,097 | €22,174 | +€2,077 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €3,182 | €1,347 | -€1,836 | -57.7% |
| Trade debts | 44 | €4,257 | €5,031 | +€774 | +18.2% |
| Suppliers | 440/4 | €4,257 | €5,031 | +€774 | +18.2% |
| Taxes, remuneration and social security | 45 | €6,753 | €9,928 | +€3,175 | +47.0% |
| Taxes | 450/3 | €5,253 | €9,542 | +€4,289 | +81.7% |
| Remuneration and social security | 454/9 | €1,500 | €386 | -€1,114 | -74.3% |
| Other amounts payable | 47/48 | €5,905 | €5,868 | -€37 | -0.6% |
| Accrued charges and deferred income | 492/3 | - | €22,835 | +€22,835 | |
| Non-recurring operating income | 76A | - | €8,264 | +€8,264 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,711 | €18,643 | -€5,068 | -21.4% |
| Other operating charges | 640/8 | €831 | €929 | +€98 | +11.8% |
| Gross operating margin | 9900 | €88,514 | €102,731 | +€14,218 | +16.1% |
| Operating profit (loss) | 9901 | €63,972 | €83,160 | +€19,188 | +30.0% |
| Financial income | 75/76B | €31 | €9 | -€23 | -72.2% |
| Recurring financial income | 75 | €31 | €9 | -€23 | -72.2% |
| Financial charges | 65/66B | €344 | €7,176 | +€6,832 | +1,988% |
| Recurring financial charges | 65 | €344 | €7,176 | +€6,832 | +1,988% |
| Profit (loss) for the period before taxes | 9903 | €63,660 | €75,993 | +€12,334 | +19.4% |
| Income taxes | 67/77 | €19,156 | €26,483 | +€7,327 | +38.2% |
| Profit (loss) for the period | 9904 | €44,504 | €49,511 | +€5,007 | +11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,504 | €49,511 | +€5,007 | +11.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.