AMAGRA: 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.
AMAGRA
Largest movements
- Current investments +€150,000
up €150,000 (+100.0%), from €150,000 to €300,000
- Cash -€78,745
down €78,745 (-63.3%), from €124,452 to €45,707
mainly Current investments (-€150,000) and Net result for the year (-€53,715)
- Receivables within one year -€70,194
down €70,194 (-72.7%), from €96,500 to €26,306
- Tangible fixed assets -€33,973
down €33,973 (-2.2%), from €1.6m to €1.5m
of which Plant, machinery and equipment: -€29,702
- Profit (loss) carried forward -€53,715
down €53,715, from €47,702 to -€6,013
- Other debts +€38,336
up €38,336 (+5.7%), from €673,635 to €711,971
- Tax, wage and social debts -€22,130
down €22,130 (-100.0%), from €22,130 to €0
- Gross operating margin -€132,522
down €132,522 (-76.3%), from €173,672 to €41,150
- Taxes -€10,003
down €10,003, from €9,999 to -€4
- Financial charges -€5,827
down €5,827 (-10.6%), from €54,795 to €48,967
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 | €1,973,410 | €1,946,903 | -€26,507 | -1.3% |
| Fixed assets | 21/28 | €1,568,086 | €1,534,113 | -€33,973 | -2.2% |
| Tangible fixed assets | 22/27 | €1,568,086 | €1,534,113 | -€33,973 | -2.2% |
| Land and buildings | 22 | €1,078,233 | €1,073,962 | -€4,271 | -0.4% |
| Plant, machinery and equipment | 23 | €489,853 | €460,150 | -€29,702 | -6.1% |
| Current assets | 29/58 | €405,325 | €412,791 | +€7,466 | +1.8% |
| Amounts receivable within one year | 40/41 | €96,500 | €26,306 | -€70,194 | -72.7% |
| Other amounts receivable | 41 | €96,500 | €26,306 | -€70,194 | -72.7% |
| Current investments | 50/53 | €150,000 | €300,000 | +€150,000 | +100.0% |
| Cash at bank and in hand | 54/58 | €124,452 | €45,707 | -€78,745 | -63.3% |
| Deferred charges and accrued income | 490/1 | €34,373 | €40,778 | +€6,405 | +18.6% |
| Total equity and liabilities | 10/49 | €1,973,410 | €1,946,903 | -€26,507 | -1.3% |
| Equity | 10/15 | €1,239,310 | €1,185,595 | -€53,715 | -4.3% |
| Contributions | 10/11 | €1,048,590 | €1,048,590 | = | 0.0% |
| Capital | 10 | €1,048,590 | €1,048,590 | = | 0.0% |
| Issued capital | 100 | €1,048,590 | €1,048,590 | = | 0.0% |
| Reserves | 13 | €143,018 | €143,018 | = | 0.0% |
| Non-distributable reserves | 130/1 | €26,018 | €26,018 | = | 0.0% |
| Legal reserve | 130 | €26,018 | €26,018 | = | 0.0% |
| Distributable reserves | 133 | €117,000 | €117,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,702 | -€6,013 | -€53,715 | |
| Amounts payable | 17/49 | €734,101 | €761,308 | +€27,208 | +3.7% |
| Amounts payable within one year | 42/48 | €695,764 | €712,371 | +€16,607 | +2.4% |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Taxes, remuneration and social security | 45 | €22,130 | €0 | -€22,130 | -100.0% |
| Taxes | 450/3 | €22,130 | €0 | -€22,130 | -100.0% |
| Other amounts payable | 47/48 | €673,635 | €711,971 | +€38,336 | +5.7% |
| Accrued charges and deferred income | 492/3 | €38,336 | €48,937 | +€10,601 | +27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,973 | €33,973 | = | 0.0% |
| Other operating charges | 640/8 | €17,028 | €16,282 | -€747 | -4.4% |
| Gross operating margin | 9900 | €173,672 | €41,150 | -€132,522 | -76.3% |
| Operating profit (loss) | 9901 | €122,671 | -€9,104 | -€131,775 | |
| Financial income | 75/76B | €2,662 | €4,353 | +€1,691 | +63.5% |
| Recurring financial income | 75 | €2,662 | €4,353 | +€1,691 | +63.5% |
| Financial charges | 65/66B | €54,795 | €48,967 | -€5,827 | -10.6% |
| Recurring financial charges | 65 | €54,795 | €48,967 | -€5,827 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €70,538 | -€53,719 | -€124,257 | |
| Income taxes | 67/77 | €9,999 | -€4 | -€10,003 | |
| Profit (loss) for the period | 9904 | €60,539 | -€53,715 | -€114,254 | |
| Profit (loss) for the period to be appropriated | 9905 | €60,539 | -€53,715 | -€114,254 |
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 7 October 2026 via checked.be.