Amadeus: 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.
Amadeus
Largest movements
- Current assets +€439,361
up €439,361 (+6.0%), from €7.4m to €7.8m
of which Cash: +€986,906
- Financial fixed assets +€434,290
up €434,290 (+7.0%), from €6.2m to €6.6m
- Reserves +€767,000
up €767,000 (+9.8%), from €7.8m to €8.6m
- Gross operating margin +€124,348
up €124,348 (+34.8%), from €357,015 to €481,362
- Taxes -€34,706
down €34,706 (-34.7%), from €99,878 to €65,172
From the 2015 result to the 2016 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2015 | 2016 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,597,276 | €14,458,645 | +€861,368 | +6.3% |
| Fixed assets | 21/28 | €6,227,329 | €6,649,336 | +€422,008 | +6.8% |
| Tangible fixed assets | 22/27 | €53,393 | €41,111 | -€12,282 | -23.0% |
| Financial fixed assets | 28 | €6,173,936 | €6,608,226 | +€434,290 | +7.0% |
| Current assets | 29/58 | €7,369,948 | €7,809,308 | +€439,361 | +6.0% |
| Amounts receivable within one year | 40/41 | €564,031 | €831,247 | +€267,216 | +47.4% |
| Current investments | 50/53 | €5,252,747 | €4,452,747 | -€800,000 | -15.2% |
| Cash at bank and in hand | 54/58 | €1,241,840 | €2,228,746 | +€986,906 | +79.5% |
| Total equity and liabilities | 10/49 | €13,597,276 | €14,458,645 | +€861,368 | +6.3% |
| Equity | 10/15 | €13,503,633 | €14,317,715 | +€814,082 | +6.0% |
| Contributions | 10/11 | €5,700,000 | €5,700,000 | = | 0.0% |
| Reserves | 13 | €7,803,000 | €8,570,000 | +€767,000 | +9.8% |
| Profit (loss) carried forward | 14 | €633 | €47,715 | +€47,082 | +7438.3% |
| Amounts payable | 17/49 | €93,643 | €140,930 | +€47,287 | +50.5% |
| Amounts payable within one year | 42/48 | €89,494 | €137,135 | +€47,641 | +53.2% |
| Trade debts | 44 | €13,560 | €17,784 | +€4,224 | +31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,586 | €12,282 | +€4,697 | +61.9% |
| Gross operating margin | 9900 | €357,015 | €481,362 | +€124,348 | +34.8% |
| Operating profit (loss) | 9901 | €91,045 | €214,636 | +€123,592 | +135.7% |
| Recurring financial income | 75 | €433,731 | €666,423 | +€232,692 | +53.6% |
| Recurring financial charges | 65 | €5,448 | €1,806 | -€3,643 | -66.9% |
| Profit (loss) for the period before taxes | 9903 | €519,327 | €879,253 | +€359,926 | +69.3% |
| Income taxes | 67/77 | €99,878 | €65,172 | -€34,706 | -34.7% |
| Profit (loss) for the period | 9904 | €419,450 | €814,082 | +€394,632 | +94.1% |
| Profit (loss) for the period to be appropriated | 9905 | €419,450 | €814,082 | +€394,632 | +94.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2015 and 30 November 2016. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.