AMAD: 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.
AMAD
Largest movements
- Tangible fixed assets -€6,933
down €6,933 (-25.1%), from €27,637 to €20,704
- Receivables within one year -€5,629
no longer reported in 2025 (was €5,629)
- Other debts -€12,999
down €12,999 (-25.5%), from €50,924 to €37,925
- Profit (loss) carried forward -€4,125
down €4,125 (-11.7%), from -€35,203 to -€39,328
- Trade debts +€3,645
up €3,645 (+1318.9%), from €276 to €3,922
- Tax, wage and social debts +€627
up €627 (+940.4%), from €67 to €694
- Depreciation +€6,837
up €6,837 (+7099.7%), from €96 to €6,933
- Gross operating margin -€1,918
down €1,918 (-34.5%), from €5,557 to €3,639
- Other operating charges +€554
up €554 (+291.5%), from €190 to €743
- Financial income -€153
no longer reported in 2025 (was €153)
of which Financial income: -€153
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,656 | €21,804 | -€12,852 | -37.1% |
| Fixed assets | 21/28 | €27,637 | €20,704 | -€6,933 | -25.1% |
| Tangible fixed assets | 22/27 | €27,637 | €20,704 | -€6,933 | -25.1% |
| Furniture and vehicles | 24 | €27,637 | €20,704 | -€6,933 | -25.1% |
| Current assets | 29/58 | €7,019 | €1,100 | -€5,919 | -84.3% |
| Amounts receivable within one year | 40/41 | €5,629 | - | -€5,629 | |
| Other amounts receivable | 41 | €5,629 | - | -€5,629 | |
| Cash at bank and in hand | 54/58 | €1,391 | €1,100 | -€290 | -20.9% |
| Total equity and liabilities | 10/49 | €34,656 | €21,804 | -€12,852 | -37.1% |
| Equity | 10/15 | -€16,611 | -€20,736 | -€4,125 | -24.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,203 | -€39,328 | -€4,125 | -11.7% |
| Amounts payable | 17/49 | €51,267 | €42,540 | -€8,727 | -17.0% |
| Amounts payable within one year | 42/48 | €51,267 | €42,540 | -€8,727 | -17.0% |
| Trade debts | 44 | €276 | €3,922 | +€3,645 | +1318.9% |
| Suppliers | 440/4 | €276 | €3,922 | +€3,645 | +1318.9% |
| Taxes, remuneration and social security | 45 | €67 | €694 | +€627 | +940.4% |
| Taxes | 450/3 | €67 | €694 | +€627 | +940.4% |
| Other amounts payable | 47/48 | €50,924 | €37,925 | -€12,999 | -25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96 | €6,933 | +€6,837 | +7099.7% |
| Other operating charges | 640/8 | €190 | €743 | +€554 | +291.5% |
| Gross operating margin | 9900 | €5,557 | €3,639 | -€1,918 | -34.5% |
| Operating profit (loss) | 9901 | €5,271 | -€4,038 | -€9,309 | |
| Financial income | 75/76B | €153 | - | -€153 | |
| Recurring financial income | 75 | €153 | - | -€153 | |
| Non-recurring financial income | 76B | €153 | - | -€153 | |
| Financial charges | 65/66B | €23 | €23 | -€0 | -1.7% |
| Recurring financial charges | 65 | €23 | €23 | -€0 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €5,402 | -€4,060 | -€9,462 | |
| Income taxes | 67/77 | €68 | €65 | -€3 | -4.5% |
| Profit (loss) for the period | 9904 | €5,333 | -€4,125 | -€9,459 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,333 | -€4,125 | -€9,459 |
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 30 September 2026 via checked.be.