AMACRO: what changed
Two fiscal 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.
What changed
AMACRO
NACE 46.831, Wholesale of construction materials, general range
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.5m
2024 · €2.0m-€528,837
Equity
€5.5m
2024 · €5.5m+€61
Cash
€3.7m
2024 · €3.1m+€615,702
Balance sheet total
€27.0m
2024 · €23.9m+€3.1m
Largest movements
Assets
- Receivables within one year +€1.6m
up €1.6m (+18.2%), from €9.0m to €10.6m
of which Trade receivables: +€1.8m
- Tangible fixed assets +€704,143
up €704,143 (+6.3%), from €11.1m to €11.8m
of which Plant, machinery and equipment: +€468,451
- Cash +€615,702
up €615,702 (+20.1%), from €3.1m to €3.7m
mainly Depreciation (+€2.7m) and Trade debts (+€2.3m)
Equity and liabilities
- Trade debts +€2.3m
up €2.3m (+57.4%), from €4.1m to €6.4m
- Debts after one year +€562,835
up €562,835 (+15.3%), from €3.7m to €4.2m
Income statement
- Goods and materials +€1.8m
up €1.8m (+14.7%), from €12.0m to €13.8m
of which Purchases: +€2.0m
- Turnover +€1.4m
up €1.4m (+4.7%), from €29.6m to €31.0m
- Depreciation +€541,693
up €541,693 (+25.5%), from €2.1m to €2.7m
- Other operating income -€444,458
down €444,458 (-10.5%), from €4.2m to €3.8m
- Services and other goods -€347,010
down €347,010 (-2.4%), from €14.3m to €14.0m
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.
Result 2024
€2.0m
Turnover
+€1.4m
Other operating income
-€444,458
Goods and materials
-€1.8m
Services and other goods
+€347,010
Staff costs
+€174,975
Depreciation
-€541,693
Write-downs
-€35,220
Other operating charges
-€46,078
Other operating items
+€244,019
Financial income
+€1,464
Financial charges
+€10,382
Taxes
+€143,741
Result 2025
€1.5m
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.
From operations
+€5.0m
Investment
-€3.4m
Financing
-€1.0m
Cash 2024
€3.1m
From operations (derived)
+€5.0m
Net result for the year
+€1.5m
Depreciation
+€2.7m
Stocks and contracts
-€44,022
Receivables within one year
-€1.6m
Deferred charges and accrued income
-€75,129
Trade debts
+€2.3m
Tax, wage and social debts
+€54,329
Other debts
+€131,788
Accrued charges and deferred income
+€127,089
Investment (derived)
-€3.4m
Investment in fixed assets (net)
-€3.4m
Financing
-€1.0m
Debts after one year
+€562,835
Current portion of long-term debt
+€71,691
Short-term financial debts
-€203,348
Contributions, distributions and other
-€1.5m
Cash 2025
€3.7m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,947,243 | €27,023,572 | +€3.1m | +12.8% |
| Fixed assets | 21/28 | €11,398,898 | €12,099,456 | +€700,557 | +6.1% |
| Intangible fixed assets | 21 | €180,605 | €183,119 | +€2,514 | +1.4% |
| Tangible fixed assets | 22/27 | €11,126,139 | €11,830,283 | +€704,143 | +6.3% |
| Land and buildings | 22 | €3,701,118 | €3,824,485 | +€123,367 | +3.3% |
| Plant, machinery and equipment | 23 | €3,912,718 | €4,381,169 | +€468,451 | +12.0% |
| Furniture and vehicles | 24 | €502,533 | €739,714 | +€237,180 | +47.2% |
| Leasing and similar rights | 25 | €2,821,262 | €2,712,133 | -€109,129 | -3.9% |
| Other tangible fixed assets | 26 | €187,681 | €172,782 | -€14,900 | -7.9% |
| Assets under construction and advance payments | 27 | €826 | €0 | -€826 | -100.0% |
| Financial fixed assets | 28 | €92,154 | €86,054 | -€6,100 | -6.6% |
| Other financial fixed assets | 284/8 | €92,154 | €86,054 | -€6,100 | -6.6% |
| Amounts receivable and cash guarantees | 285/8 | €92,154 | €86,054 | -€6,100 | -6.6% |
| Current assets | 29/58 | €12,548,344 | €14,924,116 | +€2.4m | +18.9% |
| Stocks and contracts in progress | 3 | €257,623 | €301,645 | +€44,022 | +17.1% |
| Stocks | 30/36 | €257,623 | €301,645 | +€44,022 | +17.1% |
| Goods purchased for resale | 34 | €257,623 | €301,645 | +€44,022 | +17.1% |
| Amounts receivable within one year | 40/41 | €9,004,091 | €10,645,010 | +€1.6m | +18.2% |
| Trade receivables | 40 | €6,858,947 | €8,680,503 | +€1.8m | +26.6% |
| Other amounts receivable | 41 | €2,145,144 | €1,964,507 | -€180,637 | -8.4% |
| Cash at bank and in hand | 54/58 | €3,063,469 | €3,679,171 | +€615,702 | +20.1% |
| Deferred charges and accrued income | 490/1 | €223,162 | €298,291 | +€75,129 | +33.7% |
| Total equity and liabilities | 10/49 | €23,947,243 | €27,023,572 | +€3.1m | +12.8% |
| Equity | 10/15 | €5,486,532 | €5,486,593 | +€61 | 0.0% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €4,986,532 | €4,986,593 | +€61 | 0.0% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €4,936,532 | €4,936,593 | +€61 | 0.0% |
| Amounts payable | 17/49 | €18,460,711 | €21,536,979 | +€3.1m | +16.7% |
| Amounts payable after more than one year | 17 | €3,683,672 | €4,246,508 | +€562,835 | +15.3% |
| Financial debts | 170/4 | €3,683,672 | €4,246,508 | +€562,835 | +15.3% |
| Leasing and similar obligations | 172 | €1,509,690 | €1,289,337 | -€220,353 | -14.6% |
| Credit institutions | 173 | €2,173,982 | €2,957,171 | +€783,188 | +36.0% |
| Amounts payable within one year | 42/48 | €13,945,960 | €16,332,304 | +€2.4m | +17.1% |
| Current portion of amounts payable after more than one year | 42 | €1,378,263 | €1,449,953 | +€71,691 | +5.2% |
| Financial debts | 43 | €405,343 | €201,994 | -€203,348 | -50.2% |
| Credit institutions | 430/8 | €405,343 | €201,994 | -€203,348 | -50.2% |
| Trade debts | 44 | €4,062,042 | €6,393,926 | +€2.3m | +57.4% |
| Suppliers | 440/4 | €4,062,042 | €6,393,926 | +€2.3m | +57.4% |
| Taxes, remuneration and social security | 45 | €188,111 | €242,440 | +€54,329 | +28.9% |
| Taxes | 450/3 | €42,572 | €87,114 | +€44,542 | +104.6% |
| Remuneration and social security | 454/9 | €145,539 | €155,326 | +€9,787 | +6.7% |
| Other amounts payable | 47/48 | €7,912,202 | €8,043,990 | +€131,788 | +1.7% |
| Accrued charges and deferred income | 492/3 | €831,078 | €958,168 | +€127,089 | +15.3% |
| Operating income | 70/76A | €33,941,518 | €35,123,585 | +€1.2m | +3.5% |
| Turnover | 70 | €29,633,802 | €31,012,606 | +€1.4m | +4.7% |
| Other operating income | 74 | €4,239,987 | €3,795,529 | -€444,458 | -10.5% |
| Non-recurring operating income | 76A | €67,729 | €315,450 | +€247,721 | +365.8% |
| Operating charges | 60/66A | €31,407,021 | €33,273,511 | +€1.9m | +5.9% |
| Goods for resale, raw materials and consumables | 60 | €11,996,580 | €13,758,362 | +€1.8m | +14.7% |
| Purchases | 600/8 | €11,816,130 | €13,802,385 | +€2.0m | +16.8% |
| Change in stocks: decrease (increase) | 609 | €180,449 | -€44,022 | -€224,471 | |
| Services and other goods | 61 | €14,323,854 | €13,976,844 | -€347,010 | -2.4% |
| Remuneration, social security and pensions | 62 | €2,706,218 | €2,531,243 | -€174,975 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,121,974 | €2,663,668 | +€541,693 | +25.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €98,679 | €133,899 | +€35,220 | +35.7% |
| Other operating charges | 640/8 | €159,715 | €205,793 | +€46,078 | +28.8% |
| Non-recurring operating charges | 66A | - | €3,702 | +€3,702 | |
| Operating profit (loss) | 9901 | €2,534,497 | €1,850,074 | -€684,423 | -27.0% |
| Financial income | 75/76B | €63,804 | €65,268 | +€1,464 | +2.3% |
| Recurring financial income | 75 | €63,804 | €65,268 | +€1,464 | +2.3% |
| Income from current assets | 751 | €14,430 | €14,159 | -€271 | -1.9% |
| Other financial income | 752/9 | €49,374 | €51,109 | +€1,735 | +3.5% |
| Financial charges | 65/66B | €265,752 | €255,370 | -€10,382 | -3.9% |
| Recurring financial charges | 65 | €265,752 | €255,370 | -€10,382 | -3.9% |
| Debt charges | 650 | €207,118 | €194,474 | -€12,644 | -6.1% |
| Other financial charges | 652/9 | €58,634 | €60,896 | +€2,262 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €2,332,550 | €1,659,972 | -€672,578 | -28.8% |
| Income taxes | 67/77 | €333,358 | €189,617 | -€143,741 | -43.1% |
| Taxes | 670/3 | €353,315 | €195,466 | -€157,849 | -44.7% |
| Tax adjustments and reversals of tax provisions | 77 | €19,956 | €5,849 | -€14,107 | -70.7% |
| Profit (loss) for the period | 9904 | €1,999,191 | €1,470,355 | -€528,837 | -26.5% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €1,999,191 | €1,470,355 | -€528,837 | -26.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.