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AMADE: 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

AMADE

BE 0443.736.792
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€19,037
2024 · €20,484-€1,447
Equity
€721,097
2024 · €702,060+€19,037
Cash
€284
2024 · €19+€265
Balance sheet total
€721,097
2024 · €702,060+€19,037

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€14,495

    up €14,495 (+8.0%), from €180,198 to €194,693

    of which Other amounts receivable: +€14,495

Equity and liabilities
  • Profit (loss) carried forward +€19,037

    up €19,037 (+50.4%), from -€37,799 to -€18,762

Income statement
  • Gross operating margin -€1,201

    down €1,201 (-5.0%), from €24,143 to €22,942

  • Other operating charges +€251

    up €251 (+7.2%), from €3,497 to €3,748

From the 2024 result to the 2025 result

effect on the 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 €20,484
Gross operating margin -€1,201
Depreciation +€40
Other operating charges -€251
Financial charges -€35
Result 2025 €19,037

Cash bridge derived

cash 2024 to 2025

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 +€4,652
Investment -€4,387
Financing €0
Cash 2024 €19
Net result for the year +€19,037
Depreciation +€110
Receivables within one year -€14,495
Investment in fixed assets (net) -€4,387
Cash 2025 €284
Every line side by side 28 lines
Line Code 2024 2025 Change %
Total assets 20/58 €702,060 €721,097 +€19,037 +2.7%
Fixed assets 21/28 €521,843 €526,120 +€4,277 +0.8%
Tangible fixed assets 22/27 €521,793 €526,070 +€4,277 +0.8%
Land and buildings 22 €521,793 €526,070 +€4,277 +0.8%
Financial fixed assets 28 €50 €50 = 0.0%
Current assets 29/58 €180,217 €194,977 +€14,760 +8.2%
Amounts receivable within one year 40/41 €180,198 €194,693 +€14,495 +8.0%
Trade receivables 40 €6,253 €6,253 = 0.0%
Other amounts receivable 41 €173,945 €188,440 +€14,495 +8.3%
Cash at bank and in hand 54/58 €19 €284 +€265 +1394.7%
Total equity and liabilities 10/49 €702,060 €721,097 +€19,037 +2.7%
Equity 10/15 €702,060 €721,097 +€19,037 +2.7%
Contributions 10/11 €250,000 €250,000 = 0.0%
Revaluation surpluses 12 €449,343 €449,343 = 0.0%
Reserves 13 €40,516 €40,516 = 0.0%
Non-distributable reserves 130/1 €40,516 €40,516 = 0.0%
Reserves not available under the articles 1311 €14,280 €14,280 = 0.0%
Other 1319 €26,236 €26,236 = 0.0%
Profit (loss) carried forward 14 -€37,799 -€18,762 +€19,037 +50.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €150 €110 -€40 -26.7%
Other operating charges 640/8 €3,497 €3,748 +€251 +7.2%
Gross operating margin 9900 €24,143 €22,942 -€1,201 -5.0%
Operating profit (loss) 9901 €20,496 €19,084 -€1,412 -6.9%
Financial charges 65/66B €12 €47 +€35 +291.7%
Recurring financial charges 65 €12 €47 +€35 +291.7%
Profit (loss) for the period before taxes 9903 €20,484 €19,037 -€1,447 -7.1%
Profit (loss) for the period 9904 €20,484 €19,037 -€1,447 -7.1%
Profit (loss) for the period to be appropriated 9905 €20,484 €19,037 -€1,447 -7.1%

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.