AMAEDU: 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.
AMAEDU
Largest movements
- Financial fixed assets -€79,582
down €79,582 (-100.0%), from €79,582 to €0
- Receivables within one year +€55,103
up €55,103 (+279.6%), from €19,706 to €74,808
of which Trade receivables: +€57,049
- Tangible fixed assets -€9,352
down €9,352 (-56.6%), from €16,513 to €7,161
- Cash +€5,595
up €5,595 (+339.9%), from €1,646 to €7,242
mainly Other debts (+€99,653) and Investment in fixed assets (net) (+€79,582)
- Profit (loss) carried forward -€201,351
down €201,351 (-71.2%), from -€282,643 to -€483,994
- Other debts +€99,653
up €99,653 (+26.0%), from €383,483 to €483,136
- Trade debts +€69,290
up €69,290 (+1647.0%), from €4,207 to €73,497
- Tax, wage and social debts +€4,172
new in 2025: €4,172
of which Taxes: +€2,529
- Gross operating margin -€60,765
down €60,765 (-430.4%), from -€14,119 to -€74,885
- Other operating charges -€17,020
down €17,020 (-96.9%), from €17,559 to €540
- Staff costs +€10,631
up €10,631 (+40.8%), from €26,027 to €36,658
- Financial income -€5,524
down €5,524 (-100.0%), from €5,524 to €0
- Depreciation -€967
down €967 (-9.4%), from €10,319 to €9,352
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 | €117,447 | €89,211 | -€28,236 | -24.0% |
| Fixed assets | 21/28 | €96,095 | €7,161 | -€88,934 | -92.5% |
| Tangible fixed assets | 22/27 | €16,513 | €7,161 | -€9,352 | -56.6% |
| Furniture and vehicles | 24 | €16,513 | €7,161 | -€9,352 | -56.6% |
| Financial fixed assets | 28 | €79,582 | €0 | -€79,582 | -100.0% |
| Current assets | 29/58 | €21,352 | €82,050 | +€60,698 | +284.3% |
| Amounts receivable within one year | 40/41 | €19,706 | €74,808 | +€55,103 | +279.6% |
| Trade receivables | 40 | €17,693 | €74,742 | +€57,049 | +322.4% |
| Other amounts receivable | 41 | €2,013 | €67 | -€1,946 | -96.7% |
| Cash at bank and in hand | 54/58 | €1,646 | €7,242 | +€5,595 | +339.9% |
| Total equity and liabilities | 10/49 | €117,447 | €89,211 | -€28,236 | -24.0% |
| Equity | 10/15 | -€270,243 | -€471,594 | -€201,351 | -74.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€282,643 | -€483,994 | -€201,351 | -71.2% |
| Amounts payable | 17/49 | €387,690 | €560,805 | +€173,115 | +44.7% |
| Amounts payable within one year | 42/48 | €387,690 | €560,805 | +€173,115 | +44.7% |
| Trade debts | 44 | €4,207 | €73,497 | +€69,290 | +1647.0% |
| Suppliers | 440/4 | €4,207 | €73,497 | +€69,290 | +1647.0% |
| Taxes, remuneration and social security | 45 | - | €4,172 | +€4,172 | |
| Taxes | 450/3 | - | €2,529 | +€2,529 | |
| Remuneration and social security | 454/9 | - | €1,643 | +€1,643 | |
| Other amounts payable | 47/48 | €383,483 | €483,136 | +€99,653 | +26.0% |
| Remuneration, social security and pensions | 62 | €26,027 | €36,658 | +€10,631 | +40.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,319 | €9,352 | -€967 | -9.4% |
| Other operating charges | 640/8 | €17,559 | €540 | -€17,020 | -96.9% |
| Non-recurring operating charges | 66A | - | €79,582 | +€79,582 | |
| Gross operating margin | 9900 | -€14,119 | -€74,885 | -€60,765 | -430.4% |
| Operating profit (loss) | 9901 | -€68,025 | -€201,016 | -€132,991 | -195.5% |
| Financial income | 75/76B | €5,524 | €0 | -€5,524 | -100.0% |
| Recurring financial income | 75 | €5,524 | €0 | -€5,524 | -100.0% |
| Financial charges | 65/66B | €90 | €335 | +€245 | +272.1% |
| Recurring financial charges | 65 | €90 | €335 | +€245 | +272.1% |
| Profit (loss) for the period before taxes | 9903 | -€62,591 | -€201,351 | -€138,760 | -221.7% |
| Profit (loss) for the period | 9904 | -€62,591 | -€201,351 | -€138,760 | -221.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,591 | -€201,351 | -€138,760 | -221.7% |
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.