AMANDAAN: 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.
AMANDAAN
Largest movements
- Receivables within one year -€131,356
down €131,356 (-24.1%), from €545,696 to €414,341
of which Other amounts receivable: -€131,356
- Current investments -€83,478
down €83,478 (-15.4%), from €540,933 to €457,456
- Cash +€58,715
up €58,715 (+575%), from €10,216 to €68,931
mainly Receivables within one year (+€131,356) and Current investments (+€83,478)
- Tangible fixed assets +€41,906
up €41,906 (+278%), from €15,092 to €56,998
of which Other tangible fixed assets: +€43,051
- Receivables after one year -€19,300
no longer reported in 2025 (was €19,300)
- Tax, wage and social debts -€128,334
down €128,334 (-74.4%), from €172,457 to €44,122
- Debts after one year -€53,070
down €53,070 (-32.0%), from €165,980 to €112,910
- Trade debts +€46,560
up €46,560 (+707%), from €6,588 to €53,148
- Financial income -€484,866
down €484,866 (-96.2%), from €504,032 to €19,166
- Taxes -€43,922
down €43,922 (-99.0%), from €44,344 to €422
- Gross operating margin -€1,604
down €1,604 (-99.7%), from -€1,609 to -€3,213
- Other operating charges +€611
up €611 (+158%), from €387 to €998
- Depreciation +€138
up €138 (+4.7%), from €2,956 to €3,094
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.
Derived cash bridge
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 | €1,631,238 | €1,497,725 | -€133,512 | -8.2% |
| Fixed assets | 21/28 | €515,092 | €556,998 | +€41,906 | +8.1% |
| Tangible fixed assets | 22/27 | €15,092 | €56,998 | +€41,906 | +278% |
| Land and buildings | 22 | €3,073 | €2,515 | -€559 | -18.2% |
| Plant, machinery and equipment | 23 | €1,335 | €748 | -€587 | -44.0% |
| Other tangible fixed assets | 26 | €10,684 | €53,736 | +€43,051 | +403% |
| Financial fixed assets | 28 | €500,000 | €500,000 | = | 0.0% |
| Current assets | 29/58 | €1,116,145 | €940,727 | -€175,418 | -15.7% |
| Amounts receivable after more than one year | 29 | €19,300 | - | -€19,300 | |
| Other amounts receivable | 291 | €19,300 | - | -€19,300 | |
| Amounts receivable within one year | 40/41 | €545,696 | €414,341 | -€131,356 | -24.1% |
| Trade receivables | 40 | €11,980 | €11,980 | = | 0.0% |
| Other amounts receivable | 41 | €533,716 | €402,360 | -€131,356 | -24.6% |
| Current investments | 50/53 | €540,933 | €457,456 | -€83,478 | -15.4% |
| Cash at bank and in hand | 54/58 | €10,216 | €68,931 | +€58,715 | +575% |
| Total equity and liabilities | 10/49 | €1,631,238 | €1,497,725 | -€133,512 | -8.2% |
| Equity | 10/15 | €1,229,133 | €1,229,274 | +€140 | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,064,424 | €1,064,424 | = | 0.0% |
| Distributable reserves | 133 | €1,064,424 | €1,064,424 | = | 0.0% |
| Profit (loss) carried forward | 14 | €158,509 | €158,650 | +€140 | +0.1% |
| Amounts payable | 17/49 | €402,105 | €268,452 | -€133,653 | -33.2% |
| Amounts payable after more than one year | 17 | €165,980 | €112,910 | -€53,070 | -32.0% |
| Financial debts | 170/4 | €165,980 | €112,910 | -€53,070 | -32.0% |
| Amounts payable within one year | 42/48 | €236,124 | €154,542 | -€81,583 | -34.6% |
| Current portion of amounts payable after more than one year | 42 | €52,888 | €53,080 | +€192 | +0.4% |
| Trade debts | 44 | €6,588 | €53,148 | +€46,560 | +707% |
| Suppliers | 440/4 | €6,588 | €53,148 | +€46,560 | +707% |
| Taxes, remuneration and social security | 45 | €172,457 | €44,122 | -€128,334 | -74.4% |
| Taxes | 450/3 | €172,457 | €44,122 | -€128,334 | -74.4% |
| Other amounts payable | 47/48 | €4,192 | €4,192 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,956 | €3,094 | +€138 | +4.7% |
| Other operating charges | 640/8 | €387 | €998 | +€611 | +158% |
| Gross operating margin | 9900 | -€1,609 | -€3,213 | -€1,604 | -99.7% |
| Operating profit (loss) | 9901 | -€4,952 | -€7,305 | -€2,353 | -47.5% |
| Financial income | 75/76B | €504,032 | €19,166 | -€484,866 | -96.2% |
| Recurring financial income | 75 | €504,032 | €19,166 | -€484,866 | -96.2% |
| Financial charges | 65/66B | €11,296 | €11,298 | +€2 | 0.0% |
| Recurring financial charges | 65 | €11,296 | €11,298 | +€2 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €487,784 | €563 | -€487,221 | -99.9% |
| Income taxes | 67/77 | €44,344 | €422 | -€43,922 | -99.0% |
| Profit (loss) for the period | 9904 | €443,440 | €140 | -€443,300 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €443,440 | €140 | -€443,300 | -100.0% |
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 19 October 2026 via checked.be.