AMARIL: 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.
AMARIL
Largest movements
- Current investments +€102,671
up €102,671 (+40.7%), from €252,307 to €354,978
- Cash +€49,742
up €49,742 (+37.9%), from €131,188 to €180,930
mainly Net result for the year (+€99,045) and Depreciation (+€70,777)
- Receivables within one year -€35,549
down €35,549 (-23.6%), from €150,417 to €114,868
of which Trade receivables: -€19,845
- Tangible fixed assets -€35,002
down €35,002 (-10.9%), from €320,785 to €285,783
of which Land and buildings: -€24,808
- Tax, wage and social debts +€67,493
up €67,493 (+241%), from €27,948 to €95,441
of which Taxes: +€58,161
- Reserves +€36,789
up €36,789 (+5.2%), from €702,948 to €739,737
of which Distributable reserves: +€36,789
- Other debts +€18,321
up €18,321 (+89.5%), from €20,465 to €38,785
- Current portion of long-term debt -€15,453
down €15,453 (-53.3%), from €28,980 to €13,527
- Debts after one year -€13,527
down €13,527 (-12.1%), from €112,156 to €98,629
- Staff costs +€28,497
up €28,497 (+10.4%), from €275,336 to €303,833
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 | €935,187 | €1,017,013 | +€81,827 | +8.7% |
| Fixed assets | 21/28 | €401,185 | €366,183 | -€35,002 | -8.7% |
| Intangible fixed assets | 21 | €60,900 | €60,900 | = | 0.0% |
| Tangible fixed assets | 22/27 | €320,785 | €285,783 | -€35,002 | -10.9% |
| Land and buildings | 22 | €216,100 | €191,292 | -€24,808 | -11.5% |
| Plant, machinery and equipment | 23 | €16,576 | €21,088 | +€4,512 | +27.2% |
| Furniture and vehicles | 24 | €88,109 | €73,404 | -€14,705 | -16.7% |
| Financial fixed assets | 28 | €19,500 | €19,500 | = | 0.0% |
| Current assets | 29/58 | €534,001 | €650,830 | +€116,828 | +21.9% |
| Amounts receivable within one year | 40/41 | €150,417 | €114,868 | -€35,549 | -23.6% |
| Trade receivables | 40 | €134,641 | €114,795 | -€19,845 | -14.7% |
| Other amounts receivable | 41 | €15,777 | €73 | -€15,704 | -99.5% |
| Current investments | 50/53 | €252,307 | €354,978 | +€102,671 | +40.7% |
| Cash at bank and in hand | 54/58 | €131,188 | €180,930 | +€49,742 | +37.9% |
| Deferred charges and accrued income | 490/1 | €89 | €54 | -€35 | -39.5% |
| Total equity and liabilities | 10/49 | €935,187 | €1,017,013 | +€81,827 | +8.7% |
| Equity | 10/15 | €709,148 | €745,937 | +€36,789 | +5.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €702,948 | €739,737 | +€36,789 | +5.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €701,088 | €737,877 | +€36,789 | +5.2% |
| Amounts payable | 17/49 | €226,038 | €271,076 | +€45,038 | +19.9% |
| Amounts payable after more than one year | 17 | €112,156 | €98,629 | -€13,527 | -12.1% |
| Financial debts | 170/4 | €112,156 | €98,629 | -€13,527 | -12.1% |
| Amounts payable within one year | 42/48 | €113,882 | €172,448 | +€58,566 | +51.4% |
| Current portion of amounts payable after more than one year | 42 | €28,980 | €13,527 | -€15,453 | -53.3% |
| Trade debts | 44 | €36,489 | €24,694 | -€11,795 | -32.3% |
| Suppliers | 440/4 | €36,489 | €24,694 | -€11,795 | -32.3% |
| Taxes, remuneration and social security | 45 | €27,948 | €95,441 | +€67,493 | +241% |
| Taxes | 450/3 | €2,449 | €60,610 | +€58,161 | +2,375% |
| Remuneration and social security | 454/9 | €25,499 | €34,831 | +€9,331 | +36.6% |
| Other amounts payable | 47/48 | €20,465 | €38,785 | +€18,321 | +89.5% |
| Remuneration, social security and pensions | 62 | €275,336 | €303,833 | +€28,497 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,080 | €70,777 | -€4,304 | -5.7% |
| Other operating charges | 640/8 | €5,479 | €5,302 | -€176 | -3.2% |
| Gross operating margin | 9900 | €527,641 | €530,665 | +€3,024 | +0.6% |
| Operating profit (loss) | 9901 | €171,746 | €150,753 | -€20,993 | -12.2% |
| Financial income | 75/76B | €292 | €4,247 | +€3,955 | +1,357% |
| Recurring financial income | 75 | €292 | €4,247 | +€3,955 | +1,357% |
| Financial charges | 65/66B | €3,424 | €4,882 | +€1,458 | +42.6% |
| Recurring financial charges | 65 | €3,424 | €4,882 | +€1,458 | +42.6% |
| Profit (loss) for the period before taxes | 9903 | €168,614 | €150,118 | -€18,496 | -11.0% |
| Income taxes | 67/77 | €54,949 | €51,073 | -€3,876 | -7.1% |
| Profit (loss) for the period | 9904 | €113,665 | €99,045 | -€14,620 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €113,665 | €99,045 | -€14,620 | -12.9% |
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 15 October 2026 via checked.be.