AMANDINO: 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.
AMANDINO
Largest movements
- Stocks and contracts -€7,308
down €7,308 (-7.3%), from €100,166 to €92,858
- Cash -€7,273
down €7,273 (-11.3%), from €64,125 to €56,852
mainly Debts after one year (-€19,257) and Investment in fixed assets (net) (-€17,235)
- Tangible fixed assets -€5,832
down €5,832 (-7.3%), from €80,286 to €74,454
of which Leasing and similar rights: -€11,742
- Debts after one year -€19,257
down €19,257 (-19.3%), from €99,943 to €80,686
of which Financial debts: -€19,233
- Tax, wage and social debts -€7,975
down €7,975 (-19.8%), from €40,339 to €32,364
of which Taxes: -€20,389
- Trade debts +€7,557
up €7,557 (+12.3%), from €61,492 to €69,049
- Profit (loss) carried forward -€4,489
new in 2025: -€4,489
- Current portion of long-term debt -€3,493
down €3,493 (-13.6%), from €25,616 to €22,123
- Staff costs +€34,523
up €34,523 (+43.4%), from €79,553 to €114,076
- Gross operating margin +€26,768
up €26,768 (+21.9%), from €122,369 to €149,137
- Depreciation +€4,354
up €4,354 (+20.3%), from €21,439 to €25,793
- Financial charges -€3,148
down €3,148 (-21.6%), from €14,581 to €11,433
- Other operating charges -€2,538
down €2,538 (-52.2%), from €4,862 to €2,324
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 | €273,181 | €245,523 | -€27,658 | -10.1% |
| Fixed assets | 21/28 | €84,909 | €76,351 | -€8,558 | -10.1% |
| Intangible fixed assets | 21 | €2,726 | - | -€2,726 | |
| Tangible fixed assets | 22/27 | €80,286 | €74,454 | -€5,832 | -7.3% |
| Plant, machinery and equipment | 23 | €24,005 | €31,064 | +€7,059 | +29.4% |
| Furniture and vehicles | 24 | €21 | - | -€21 | |
| Leasing and similar rights | 25 | €51,734 | €39,992 | -€11,742 | -22.7% |
| Other tangible fixed assets | 26 | €4,526 | €3,398 | -€1,128 | -24.9% |
| Financial fixed assets | 28 | €1,897 | €1,897 | +€0 | 0.0% |
| Current assets | 29/58 | €188,272 | €169,172 | -€19,100 | -10.1% |
| Stocks and contracts in progress | 3 | €100,166 | €92,858 | -€7,308 | -7.3% |
| Stocks | 30/36 | €100,166 | €92,858 | -€7,308 | -7.3% |
| Amounts receivable within one year | 40/41 | €14,189 | €11,781 | -€2,408 | -17.0% |
| Trade receivables | 40 | €6,031 | €10,772 | +€4,741 | +78.6% |
| Other amounts receivable | 41 | €8,157 | €1,009 | -€7,148 | -87.6% |
| Cash at bank and in hand | 54/58 | €64,125 | €56,852 | -€7,273 | -11.3% |
| Deferred charges and accrued income | 490/1 | €9,792 | €7,681 | -€2,111 | -21.6% |
| Total equity and liabilities | 10/49 | €273,181 | €245,523 | -€27,658 | -10.1% |
| Equity | 10/15 | €45,790 | €41,301 | -€4,489 | -9.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,190 | €27,190 | -€0 | 0.0% |
| Distributable reserves | 133 | €27,190 | €27,190 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,489 | -€4,489 | |
| Amounts payable | 17/49 | €227,391 | €204,222 | -€23,169 | -10.2% |
| Amounts payable after more than one year | 17 | €99,943 | €80,686 | -€19,257 | -19.3% |
| Financial debts | 170/4 | €19,233 | - | -€19,233 | |
| Other amounts payable | 178/9 | €80,710 | €80,686 | -€24 | 0.0% |
| Amounts payable within one year | 42/48 | €127,448 | €123,536 | -€3,912 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €25,616 | €22,123 | -€3,493 | -13.6% |
| Trade debts | 44 | €61,492 | €69,049 | +€7,557 | +12.3% |
| Suppliers | 440/4 | €61,492 | €69,049 | +€7,557 | +12.3% |
| Taxes, remuneration and social security | 45 | €40,339 | €32,364 | -€7,975 | -19.8% |
| Taxes | 450/3 | €21,764 | €1,375 | -€20,389 | -93.7% |
| Remuneration and social security | 454/9 | €18,575 | €30,989 | +€12,414 | +66.8% |
| Remuneration, social security and pensions | 62 | €79,553 | €114,076 | +€34,523 | +43.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,439 | €25,793 | +€4,354 | +20.3% |
| Other operating charges | 640/8 | €4,862 | €2,324 | -€2,538 | -52.2% |
| Gross operating margin | 9900 | €122,369 | €149,137 | +€26,768 | +21.9% |
| Operating profit (loss) | 9901 | €16,514 | €6,944 | -€9,570 | -58.0% |
| Financial income | 75/76B | €179 | - | -€179 | |
| Recurring financial income | 75 | €179 | - | -€179 | |
| Financial charges | 65/66B | €14,581 | €11,433 | -€3,148 | -21.6% |
| Recurring financial charges | 65 | €14,581 | €11,433 | -€3,148 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €2,112 | -€4,489 | -€6,601 | |
| Income taxes | 67/77 | €2,084 | - | -€2,084 | |
| Profit (loss) for the period | 9904 | €28 | -€4,489 | -€4,517 | |
| Profit (loss) for the period to be appropriated | 9905 | €28 | -€4,489 | -€4,517 |
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 23 October 2026 via checked.be.