AMAROJO: 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.
AMAROJO
Largest movements
- Cash +€40,629
up €40,629 (+315.9%), from €12,862 to €53,491
mainly Receivables within one year (+€35,999) and Depreciation (+€15,826)
- Receivables within one year -€35,999
down €35,999 (-67.8%), from €53,133 to €17,133
of which Trade receivables: -€28,089
- Tangible fixed assets -€15,826
down €15,826 (-22.3%), from €71,069 to €55,242
of which Furniture and vehicles: -€10,009
- Debts after one year -€14,859
down €14,859 (-27.1%), from €54,888 to €40,029
- Tax, wage and social debts +€3,952
up €3,952 (+91.7%), from €4,309 to €8,262
- Gross operating margin -€2,037
down €2,037 (-9.2%), from €22,042 to €20,004
- Depreciation -€1,434
down €1,434 (-8.3%), from €17,260 to €15,826
- Taxes -€265
down €265 (-35.0%), from €758 to €493
- Other operating charges -€227
down €227 (-20.8%), from €1,093 to €865
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 | €141,063 | €130,777 | -€10,287 | -7.3% |
| Fixed assets | 21/28 | €71,069 | €55,242 | -€15,826 | -22.3% |
| Tangible fixed assets | 22/27 | €71,069 | €55,242 | -€15,826 | -22.3% |
| Furniture and vehicles | 24 | €33,921 | €23,912 | -€10,009 | -29.5% |
| Other tangible fixed assets | 26 | €37,148 | €31,331 | -€5,817 | -15.7% |
| Current assets | 29/58 | €69,995 | €75,534 | +€5,540 | +7.9% |
| Stocks and contracts in progress | 3 | €4,000 | €4,910 | +€910 | +22.8% |
| Contracts in progress | 37 | €4,000 | €4,910 | +€910 | +22.8% |
| Amounts receivable within one year | 40/41 | €53,133 | €17,133 | -€35,999 | -67.8% |
| Trade receivables | 40 | €44,995 | €16,906 | -€28,089 | -62.4% |
| Other amounts receivable | 41 | €8,138 | €227 | -€7,911 | -97.2% |
| Cash at bank and in hand | 54/58 | €12,862 | €53,491 | +€40,629 | +315.9% |
| Total equity and liabilities | 10/49 | €141,063 | €130,777 | -€10,287 | -7.3% |
| Equity | 10/15 | €65,476 | €65,485 | +€9 | 0.0% |
| Contributions | 10/11 | €550 | €550 | = | 0.0% |
| Reserves | 13 | €65,302 | €64,935 | -€367 | -0.6% |
| Distributable reserves | 133 | €65,302 | €64,935 | -€367 | -0.6% |
| Profit (loss) carried forward | 14 | -€376 | €0 | +€376 | |
| Amounts payable | 17/49 | €75,587 | €65,292 | -€10,296 | -13.6% |
| Amounts payable after more than one year | 17 | €54,888 | €40,029 | -€14,859 | -27.1% |
| Financial debts | 170/4 | €54,888 | €40,029 | -€14,859 | -27.1% |
| Amounts payable within one year | 42/48 | €20,699 | €25,263 | +€4,563 | +22.0% |
| Current portion of amounts payable after more than one year | 42 | €15,141 | €15,482 | +€341 | +2.3% |
| Trade debts | 44 | €1,233 | €1,339 | +€106 | +8.6% |
| Suppliers | 440/4 | €1,233 | €1,339 | +€106 | +8.6% |
| Taxes, remuneration and social security | 45 | €4,309 | €8,262 | +€3,952 | +91.7% |
| Taxes | 450/3 | €4,309 | €8,262 | +€3,952 | +91.7% |
| Other amounts payable | 47/48 | €16 | €181 | +€164 | +1001.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,260 | €15,826 | -€1,434 | -8.3% |
| Other operating charges | 640/8 | €1,093 | €865 | -€227 | -20.8% |
| Gross operating margin | 9900 | €22,042 | €20,004 | -€2,037 | -9.2% |
| Operating profit (loss) | 9901 | €3,689 | €3,313 | -€376 | -10.2% |
| Financial income | 75/76B | €28 | €89 | +€61 | +220.4% |
| Recurring financial income | 75 | €28 | €89 | +€61 | +220.4% |
| Financial charges | 65/66B | €2,861 | €2,900 | +€39 | +1.4% |
| Recurring financial charges | 65 | €2,861 | €2,900 | +€39 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €856 | €502 | -€354 | -41.4% |
| Income taxes | 67/77 | €758 | €493 | -€265 | -35.0% |
| Profit (loss) for the period | 9904 | €98 | €9 | -€89 | -90.6% |
| Profit (loss) for the period to be appropriated | 9905 | €98 | €9 | -€89 | -90.6% |
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.