Amadan: 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.
Amadan
Largest movements
- Receivables after one year +€12,500
new in 2025: €12,500
- Current investments +€10,000
up €10,000 (+6.3%), from €160,000 to €170,000
- Deferred charges and accrued income -€7,036
down €7,036 (-100.0%), from €7,036 to €0
- Cash +€3,276
up €3,276 (+13.0%), from €25,155 to €28,431
mainly Net result for the year (+€45,298) and Deferred charges and accrued income (+€7,036)
- Receivables within one year +€2,460
up €2,460 (+27.1%), from €9,088 to €11,548
of which Other amounts receivable: +€8,157
- Reserves +€45,298
up €45,298 (+29.4%), from €153,925 to €199,222
- Other debts -€19,513
down €19,513 (-100.0%), from €19,513 to €0
- Gross operating margin +€10,153
up €10,153 (+22.1%), from €45,914 to €56,067
- Financial income +€5,737
up €5,737 (+1023.0%), from €561 to €6,298
- Taxes +€1,952
up €1,952 (+14.2%), from €13,745 to €15,698
- Depreciation -€1,168
down €1,168 (-100.0%), from €1,168 to €0
- Financial charges -€688
down €688 (-41.4%), from €1,659 to €972
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 | €202,265 | €222,479 | +€20,214 | +10.0% |
| Fixed assets | 21/28 | €985 | €0 | -€985 | -100.0% |
| Tangible fixed assets | 22/27 | €985 | €0 | -€985 | -100.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €985 | €0 | -€985 | -100.0% |
| Current assets | 29/58 | €201,280 | €222,479 | +€21,200 | +10.5% |
| Amounts receivable after more than one year | 29 | - | €12,500 | +€12,500 | |
| Other amounts receivable | 291 | - | €12,500 | +€12,500 | |
| Amounts receivable within one year | 40/41 | €9,088 | €11,548 | +€2,460 | +27.1% |
| Trade receivables | 40 | €7,396 | €1,700 | -€5,696 | -77.0% |
| Other amounts receivable | 41 | €1,692 | €9,848 | +€8,157 | +482.2% |
| Current investments | 50/53 | €160,000 | €170,000 | +€10,000 | +6.3% |
| Cash at bank and in hand | 54/58 | €25,155 | €28,431 | +€3,276 | +13.0% |
| Deferred charges and accrued income | 490/1 | €7,036 | €0 | -€7,036 | -100.0% |
| Total equity and liabilities | 10/49 | €202,265 | €222,479 | +€20,214 | +10.0% |
| Equity | 10/15 | €172,525 | €217,822 | +€45,298 | +26.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €153,925 | €199,222 | +€45,298 | +29.4% |
| Distributable reserves | 133 | €153,925 | €199,222 | +€45,298 | +29.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €29,740 | €4,657 | -€25,083 | -84.3% |
| Amounts payable within one year | 42/48 | €29,740 | €4,657 | -€25,083 | -84.3% |
| Current portion of amounts payable after more than one year | 42 | €2,031 | €0 | -€2,031 | -100.0% |
| Financial debts | 43 | €120 | €0 | -€120 | -100.0% |
| Credit institutions | 430/8 | €120 | €0 | -€120 | -100.0% |
| Trade debts | 44 | €2,164 | €0 | -€2,164 | -100.0% |
| Suppliers | 440/4 | €2,164 | €0 | -€2,164 | -100.0% |
| Taxes, remuneration and social security | 45 | €5,912 | €4,657 | -€1,255 | -21.2% |
| Taxes | 450/3 | €5,912 | €4,657 | -€1,255 | -21.2% |
| Other amounts payable | 47/48 | €19,513 | €0 | -€19,513 | -100.0% |
| Non-recurring operating income | 76A | - | €12,863 | +€12,863 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,168 | €0 | -€1,168 | -100.0% |
| Other operating charges | 640/8 | €512 | €397 | -€114 | -22.4% |
| Non-recurring operating charges | 66A | €457 | €0 | -€457 | -100.0% |
| Gross operating margin | 9900 | €45,914 | €56,067 | +€10,153 | +22.1% |
| Operating profit (loss) | 9901 | €43,777 | €55,669 | +€11,892 | +27.2% |
| Financial income | 75/76B | €561 | €6,298 | +€5,737 | +1023.0% |
| Recurring financial income | 75 | €561 | €6,298 | +€5,737 | +1023.0% |
| Financial charges | 65/66B | €1,659 | €972 | -€688 | -41.4% |
| Recurring financial charges | 65 | €1,659 | €972 | -€688 | -41.4% |
| Profit (loss) for the period before taxes | 9903 | €42,679 | €60,995 | +€18,317 | +42.9% |
| Income taxes | 67/77 | €13,745 | €15,698 | +€1,952 | +14.2% |
| Profit (loss) for the period | 9904 | €28,933 | €45,298 | +€16,364 | +56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,933 | €45,298 | +€16,364 | +56.6% |
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 12 October 2026 via checked.be.