AMALPHI: 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.
What changed
AMALPHI
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€49,757
2024 · -€96,780+€146,537
Equity
€53,901
2024 · €4,144+€49,757
Cash
€5,766
2024 · €12,768-€7,002
Balance sheet total
€737,723
2024 · €737,858-€135
Largest movements
Assets
- Receivables within one year +€15,992
up €15,992 (+103.7%), from €15,421 to €31,413
of which Trade receivables: +€9,680
- Tangible fixed assets -€9,125
down €9,125 (-2.2%), from €409,412 to €400,287
of which Land and buildings: -€6,250
Equity and liabilities
- Profit (loss) carried forward +€50,858
up €50,858 (+97.1%), from -€52,350 to -€1,492
- Debts after one year -€25,055
down €25,055 (-4.0%), from €621,420 to €596,365
of which Financial debts: -€25,055
- Other debts -€19,873
down €19,873 (-38.5%), from €51,652 to €31,779
Income statement
- Write-downs -€150,000
no longer reported in 2025 (was €150,000)
- Gross operating margin -€3,029
down €3,029 (-3.9%), from €77,535 to €74,506
- Depreciation +€2,173
up €2,173 (+12.4%), from €17,561 to €19,734
- Turnover -€2,100
down €2,100 (-1.8%), from €117,850 to €115,750
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.
Result 2024
-€96,780
Gross operating margin
-€3,029
Depreciation
-€2,173
Write-downs
+€150,000
Other operating charges
-€24
Financial charges
+€864
Taxes
+€899
Result 2025
€49,757
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.
From operations
+€28,051
Investment
-€10,609
Financing
-€24,444
Cash 2024
€12,768
From operations (derived)
+€28,051
Net result for the year
+€49,757
Depreciation
+€19,734
Receivables within one year
-€15,992
Provisions
-€468
Trade debts
-€3,805
Tax, wage and social debts
+€198
Other debts
-€19,873
Accrued charges and deferred income
-€1,500
Investment (derived)
-€10,609
Investment in fixed assets (net)
-€10,609
Financing
-€24,444
Debts after one year
-€25,055
Current portion of long-term debt
+€625
Short-term financial debts
-€14
Cash 2025
€5,766
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €737,858 | €737,723 | -€135 | 0.0% |
| Fixed assets | 21/28 | €409,669 | €400,544 | -€9,125 | -2.2% |
| Tangible fixed assets | 22/27 | €409,412 | €400,287 | -€9,125 | -2.2% |
| Land and buildings | 22 | €334,578 | €328,328 | -€6,250 | -1.9% |
| Plant, machinery and equipment | 23 | €71,893 | €68,904 | -€2,989 | -4.2% |
| Furniture and vehicles | 24 | €2,941 | €3,055 | +€114 | +3.9% |
| Financial fixed assets | 28 | €257 | €257 | = | 0.0% |
| Current assets | 29/58 | €328,189 | €337,179 | +€8,990 | +2.7% |
| Amounts receivable after more than one year | 29 | €300,000 | €300,000 | = | 0.0% |
| Other amounts receivable | 291 | €300,000 | €300,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,421 | €31,413 | +€15,992 | +103.7% |
| Trade receivables | 40 | - | €9,680 | +€9,680 | |
| Other amounts receivable | 41 | €15,421 | €21,733 | +€6,312 | +40.9% |
| Cash at bank and in hand | 54/58 | €12,768 | €5,766 | -€7,002 | -54.8% |
| Total equity and liabilities | 10/49 | €737,858 | €737,723 | -€135 | 0.0% |
| Equity | 10/15 | €4,144 | €53,901 | +€49,757 | +1200.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €50,294 | €49,193 | -€1,101 | -2.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €48,434 | €47,333 | -€1,101 | -2.3% |
| Profit (loss) carried forward | 14 | -€52,350 | -€1,492 | +€50,858 | +97.1% |
| Provisions and deferred taxes | 16 | €20,327 | €19,859 | -€468 | -2.3% |
| Deferred taxes | 168 | €20,327 | €19,859 | -€468 | -2.3% |
| Amounts payable | 17/49 | €713,387 | €663,963 | -€49,424 | -6.9% |
| Amounts payable after more than one year | 17 | €621,420 | €596,365 | -€25,055 | -4.0% |
| Financial debts | 170/4 | €188,903 | €163,848 | -€25,055 | -13.3% |
| Other amounts payable | 178/9 | €432,517 | €432,517 | = | 0.0% |
| Amounts payable within one year | 42/48 | €90,467 | €67,598 | -€22,869 | -25.3% |
| Current portion of amounts payable after more than one year | 42 | €24,429 | €25,054 | +€625 | +2.6% |
| Financial debts | 43 | €2,037 | €2,023 | -€14 | -0.7% |
| Credit institutions | 430/8 | €2,037 | €2,023 | -€14 | -0.7% |
| Trade debts | 44 | €10,256 | €6,451 | -€3,805 | -37.1% |
| Suppliers | 440/4 | €10,256 | €6,451 | -€3,805 | -37.1% |
| Taxes, remuneration and social security | 45 | €2,093 | €2,291 | +€198 | +9.5% |
| Taxes | 450/3 | €2,093 | €2,291 | +€198 | +9.5% |
| Other amounts payable | 47/48 | €51,652 | €31,779 | -€19,873 | -38.5% |
| Accrued charges and deferred income | 492/3 | €1,500 | - | -€1,500 | |
| Turnover | 70 | €117,850 | €115,750 | -€2,100 | -1.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €40,411 | €41,244 | +€833 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,561 | €19,734 | +€2,173 | +12.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €150,000 | - | -€150,000 | |
| Other operating charges | 640/8 | €1,054 | €1,078 | +€24 | +2.3% |
| Gross operating margin | 9900 | €77,535 | €74,506 | -€3,029 | -3.9% |
| Operating profit (loss) | 9901 | -€91,080 | €53,694 | +€144,774 | |
| Financial charges | 65/66B | €6,168 | €5,304 | -€864 | -14.0% |
| Recurring financial charges | 65 | €6,168 | €5,304 | -€864 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | -€97,248 | €48,390 | +€145,638 | |
| Transfer from deferred taxes | 780 | €468 | €468 | = | 0.0% |
| Income taxes | 67/77 | - | -€899 | -€899 | |
| Profit (loss) for the period | 9904 | -€96,780 | €49,757 | +€146,537 | |
| Transfer from tax-exempt reserves | 789 | €1,101 | €1,101 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€95,679 | €50,858 | +€146,537 |
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 5 October 2026 via checked.be.