Amadea: 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.
Amadea
Largest movements
- Tangible fixed assets -€15,285
down €15,285 (-36.0%), from €42,451 to €27,165
of which Land and buildings: -€15,697
- Receivables within one year +€1,530
new in 2025: €1,530
- Cash -€877
down €877 (-36.8%), from €2,381 to €1,504
mainly Net result for the year (-€20,981) and Current portion of long-term debt (-€9,531)
- Stocks and contracts +€791
up €791 (+3.0%), from €26,353 to €27,144
- Profit (loss) carried forward -€20,981
down €20,981 (-18.3%), from -€114,404 to -€135,384
- Trade debts +€13,381
up €13,381 (+1,743%), from €768 to €14,148
- Current portion of long-term debt -€9,531
no longer reported in 2025 (was €9,531)
- Other debts +€7,273
up €7,273 (+4.8%), from €152,302 to €159,575
- Tax, wage and social debts -€2,746
down €2,746 (-48.2%), from €5,695 to €2,949
- Gross operating margin -€14,169
down €14,169 (-62.4%), from €22,700 to €8,532
- Depreciation -€10,457
down €10,457 (-29.6%), from €35,270 to €24,813
- Financial charges -€1,073
down €1,073 (-65.9%), from €1,629 to €556
- Financial income -€497
down €497 (-99.9%), from €498 to €1
- Other operating charges +€254
up €254 (+6.6%), from €3,825 to €4,079
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 | €71,878 | €58,306 | -€13,572 | -18.9% |
| Fixed assets | 21/28 | €42,853 | €27,165 | -€15,688 | -36.6% |
| Intangible fixed assets | 21 | €403 | - | -€403 | |
| Tangible fixed assets | 22/27 | €42,451 | €27,165 | -€15,285 | -36.0% |
| Land and buildings | 22 | €26,418 | €10,722 | -€15,697 | -59.4% |
| Plant, machinery and equipment | 23 | €16,032 | €11,044 | -€4,988 | -31.1% |
| Furniture and vehicles | 24 | - | €5,399 | +€5,399 | |
| Current assets | 29/58 | €29,025 | €31,140 | +€2,116 | +7.3% |
| Stocks and contracts in progress | 3 | €26,353 | €27,144 | +€791 | +3.0% |
| Stocks | 30/36 | €26,353 | €27,144 | +€791 | +3.0% |
| Amounts receivable within one year | 40/41 | - | €1,530 | +€1,530 | |
| Trade receivables | 40 | - | €1,530 | +€1,530 | |
| Cash at bank and in hand | 54/58 | €2,381 | €1,504 | -€877 | -36.8% |
| Deferred charges and accrued income | 490/1 | €290 | €962 | +€672 | +231% |
| Total equity and liabilities | 10/49 | €71,878 | €58,306 | -€13,572 | -18.9% |
| Equity | 10/15 | -€100,044 | -€121,024 | -€20,981 | -21.0% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€114,404 | -€135,384 | -€20,981 | -18.3% |
| Amounts payable | 17/49 | €171,922 | €179,330 | +€7,408 | +4.3% |
| Amounts payable within one year | 42/48 | €171,922 | €179,330 | +€7,408 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €9,531 | - | -€9,531 | |
| Financial debts | 43 | €3,628 | €2,658 | -€970 | -26.7% |
| Credit institutions | 430/8 | €3,628 | €2,658 | -€970 | -26.7% |
| Trade debts | 44 | €768 | €14,148 | +€13,381 | +1,743% |
| Suppliers | 440/4 | €768 | €14,148 | +€13,381 | +1,743% |
| Taxes, remuneration and social security | 45 | €5,695 | €2,949 | -€2,746 | -48.2% |
| Taxes | 450/3 | €5,695 | €2,949 | -€2,746 | -48.2% |
| Other amounts payable | 47/48 | €152,302 | €159,575 | +€7,273 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,270 | €24,813 | -€10,457 | -29.6% |
| Other operating charges | 640/8 | €3,825 | €4,079 | +€254 | +6.6% |
| Gross operating margin | 9900 | €22,700 | €8,532 | -€14,169 | -62.4% |
| Operating profit (loss) | 9901 | -€16,394 | -€20,360 | -€3,966 | -24.2% |
| Financial income | 75/76B | €498 | €1 | -€497 | -99.9% |
| Recurring financial income | 75 | €498 | €1 | -€497 | -99.9% |
| Financial charges | 65/66B | €1,629 | €556 | -€1,073 | -65.9% |
| Recurring financial charges | 65 | €1,629 | €556 | -€1,073 | -65.9% |
| Profit (loss) for the period before taxes | 9903 | -€17,525 | -€20,916 | -€3,390 | -19.3% |
| Income taxes | 67/77 | €139 | €65 | -€74 | -53.4% |
| Profit (loss) for the period | 9904 | -€17,665 | -€20,981 | -€3,316 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,665 | -€20,981 | -€3,316 | -18.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.