Amafet: 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.
Amafet
Largest movements
- Tangible fixed assets -€18,056
down €18,056 (-4.1%), from €445,080 to €427,024
- Profit (loss) carried forward -€66,121
down €66,121 (-50.8%), from -€130,173 to -€196,294
- Other debts +€35,000
up €35,000 (+11.0%), from €318,730 to €353,730
- Trade debts +€34,137
up €34,137 (+49.5%), from €68,921 to €103,058
- Debts after one year -€14,683
down €14,683 (-52.9%), from €27,776 to €13,093
- Current portion of long-term debt -€8,577
down €8,577 (-36.9%), from €23,260 to €14,683
- Gross operating margin -€52,979
down €52,979, from €18,375 to -€34,603
- Depreciation -€1,400
down €1,400 (-7.2%), from €19,456 to €18,056
- Other operating charges -€899
down €899 (-7.5%), from €11,991 to €11,093
- Financial charges +€771
up €771 (+48.3%), from €1,598 to €2,369
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
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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €446,047 | €427,992 | -€18,056 | -4.0% |
| Fixed assets | 21/28 | €446,047 | €427,992 | -€18,056 | -4.0% |
| Tangible fixed assets | 22/27 | €445,080 | €427,024 | -€18,056 | -4.1% |
| Land and buildings | 22 | €445,080 | €427,024 | -€18,056 | -4.1% |
| Financial fixed assets | 28 | €968 | €968 | = | 0.0% |
| Total equity and liabilities | 10/49 | €446,047 | €427,992 | -€18,056 | -4.0% |
| Equity | 10/15 | -€13,327 | -€79,448 | -€66,121 | -496.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €98,254 | €98,254 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,955 | €4,955 | = | 0.0% |
| Distributable reserves | 133 | €91,440 | €91,440 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€130,173 | -€196,294 | -€66,121 | -50.8% |
| Amounts payable | 17/49 | €459,375 | €507,440 | +€48,065 | +10.5% |
| Amounts payable after more than one year | 17 | €27,776 | €13,093 | -€14,683 | -52.9% |
| Financial debts | 170/4 | €27,776 | €13,093 | -€14,683 | -52.9% |
| Amounts payable within one year | 42/48 | €431,598 | €494,347 | +€62,749 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €23,260 | €14,683 | -€8,577 | -36.9% |
| Financial debts | 43 | €12,237 | €14,425 | +€2,189 | +17.9% |
| Credit institutions | 430/8 | €12,237 | €14,425 | +€2,189 | +17.9% |
| Trade debts | 44 | €68,921 | €103,058 | +€34,137 | +49.5% |
| Suppliers | 440/4 | €68,921 | €103,058 | +€34,137 | +49.5% |
| Advances received on contracts in progress | 46 | €8,450 | €8,450 | = | 0.0% |
| Other amounts payable | 47/48 | €318,730 | €353,730 | +€35,000 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,456 | €18,056 | -€1,400 | -7.2% |
| Other operating charges | 640/8 | €11,991 | €11,093 | -€899 | -7.5% |
| Gross operating margin | 9900 | €18,375 | -€34,603 | -€52,979 | |
| Operating profit (loss) | 9901 | -€13,072 | -€63,752 | -€50,680 | -387.7% |
| Financial charges | 65/66B | €1,598 | €2,369 | +€771 | +48.3% |
| Recurring financial charges | 65 | €1,598 | €2,369 | +€771 | +48.3% |
| Profit (loss) for the period before taxes | 9903 | -€14,670 | -€66,121 | -€51,451 | -350.7% |
| Profit (loss) for the period | 9904 | -€14,670 | -€66,121 | -€51,451 | -350.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,670 | -€66,121 | -€51,451 | -350.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.