AMARLES: 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.
AMARLES
Largest movements
- Cash +€94,233
up €94,233 (+39.0%), from €241,612 to €335,846
mainly Other debts (+€303,817) and Net result for the year (+€221,447)
- Tangible fixed assets -€10,271
down €10,271 (-20.5%), from €50,021 to €39,750
of which Furniture and vehicles: -€7,750
- Receivables within one year +€6,206
up €6,206 (+4.6%), from €136,112 to €142,318
of which Trade receivables: +€5,419
- Other debts +€303,817
up €303,817 (+159.1%), from €190,991 to €494,808
- Reserves -€214,019
down €214,019 (-100.0%), from €214,019 to €0
- Gross operating margin +€15,712
up €15,712 (+5.1%), from €308,433 to €324,145
- Financial charges +€3,809
up €3,809 (+47.5%), from €8,016 to €11,825
- Taxes +€3,713
up €3,713 (+5.7%), from €65,508 to €69,221
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 | €427,745 | €517,914 | +€90,169 | +21.1% |
| Fixed assets | 21/28 | €50,021 | €39,750 | -€10,271 | -20.5% |
| Tangible fixed assets | 22/27 | €50,021 | €39,750 | -€10,271 | -20.5% |
| Plant, machinery and equipment | 23 | €992 | €15 | -€977 | -98.4% |
| Furniture and vehicles | 24 | €34,639 | €26,888 | -€7,750 | -22.4% |
| Other tangible fixed assets | 26 | €14,390 | €12,847 | -€1,544 | -10.7% |
| Current assets | 29/58 | €377,724 | €478,163 | +€100,439 | +26.6% |
| Amounts receivable within one year | 40/41 | €136,112 | €142,318 | +€6,206 | +4.6% |
| Trade receivables | 40 | €136,112 | €141,531 | +€5,419 | +4.0% |
| Other amounts receivable | 41 | €0 | €787 | +€787 | |
| Cash at bank and in hand | 54/58 | €241,612 | €335,846 | +€94,233 | +39.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €427,745 | €517,914 | +€90,169 | +21.1% |
| Equity | 10/15 | €232,619 | €18,600 | -€214,019 | -92.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €214,019 | €0 | -€214,019 | -100.0% |
| Distributable reserves | 133 | €214,019 | €0 | -€214,019 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €195,126 | €499,314 | +€304,188 | +155.9% |
| Amounts payable within one year | 42/48 | €195,126 | €499,314 | +€304,188 | +155.9% |
| Trade debts | 44 | €1,049 | €1,049 | +€1 | +0.1% |
| Suppliers | 440/4 | €1,049 | €1,049 | +€1 | +0.1% |
| Taxes, remuneration and social security | 45 | €3,087 | €3,457 | +€370 | +12.0% |
| Taxes | 450/3 | €3,087 | €3,457 | +€370 | +12.0% |
| Other amounts payable | 47/48 | €190,991 | €494,808 | +€303,817 | +159.1% |
| Remuneration, social security and pensions | 62 | €1,019 | €1,927 | +€908 | +89.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,077 | €17,239 | +€1,163 | +7.2% |
| Other operating charges | 640/8 | €3,816 | €2,511 | -€1,305 | -34.2% |
| Gross operating margin | 9900 | €308,433 | €324,145 | +€15,712 | +5.1% |
| Operating profit (loss) | 9901 | €287,521 | €302,467 | +€14,946 | +5.2% |
| Financial income | 75/76B | €22 | €25 | +€3 | +13.5% |
| Recurring financial income | 75 | €22 | €25 | +€3 | +13.5% |
| Financial charges | 65/66B | €8,016 | €11,825 | +€3,809 | +47.5% |
| Recurring financial charges | 65 | €8,016 | €11,825 | +€3,809 | +47.5% |
| Profit (loss) for the period before taxes | 9903 | €279,527 | €290,668 | +€11,140 | +4.0% |
| Income taxes | 67/77 | €65,508 | €69,221 | +€3,713 | +5.7% |
| Profit (loss) for the period | 9904 | €214,019 | €221,447 | +€7,428 | +3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €214,019 | €221,447 | +€7,428 | +3.5% |
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 3 October 2026 via checked.be.