AMARVIP: 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.
AMARVIP
Largest movements
- Tangible fixed assets -€15,442
down €15,442 (-4.7%), from €331,860 to €316,418
of which Land and buildings: -€14,908
- Reserves -€8,915
down €8,915 (-4.3%), from €207,679 to €198,764
of which Tax-exempt reserves: -€13,207
- Provisions -€6,800
down €6,800 (-12.3%), from €55,435 to €48,635
- Tax, wage and social debts -€4,970
down €4,970 (-69.3%), from €7,167 to €2,197
- Trade debts +€4,454
new in 2025: €4,454
- Gross operating margin -€6,506
down €6,506 (-51.5%), from €12,634 to €6,128
- Taxes -€1,856
down €1,856 (-45.8%), from €4,054 to €2,197
- Other operating charges -€188
down €188 (-4.5%), from €4,146 to €3,958
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 | €333,032 | €317,625 | -€15,407 | -4.6% |
| Fixed assets | 21/28 | €331,860 | €316,418 | -€15,442 | -4.7% |
| Tangible fixed assets | 22/27 | €331,860 | €316,418 | -€15,442 | -4.7% |
| Land and buildings | 22 | €331,281 | €316,373 | -€14,908 | -4.5% |
| Furniture and vehicles | 24 | €579 | €45 | -€534 | -92.2% |
| Current assets | 29/58 | €1,172 | €1,207 | +€35 | +3.0% |
| Cash at bank and in hand | 54/58 | €128 | €131 | +€2 | +1.8% |
| Deferred charges and accrued income | 490/1 | €1,043 | €1,076 | +€33 | +3.2% |
| Total equity and liabilities | 10/49 | €333,032 | €317,625 | -€15,407 | -4.6% |
| Equity | 10/15 | €257,258 | €248,343 | -€8,915 | -3.5% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €207,679 | €198,764 | -€8,915 | -4.3% |
| Non-distributable reserves | 130/1 | €2,480 | €2,480 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,480 | €2,480 | = | 0.0% |
| Tax-exempt reserves | 132 | €107,657 | €94,450 | -€13,207 | -12.3% |
| Distributable reserves | 133 | €97,542 | €101,834 | +€4,291 | +4.4% |
| Provisions and deferred taxes | 16 | €55,435 | €48,635 | -€6,800 | -12.3% |
| Deferred taxes | 168 | €55,435 | €48,635 | -€6,800 | -12.3% |
| Amounts payable | 17/49 | €20,339 | €20,648 | +€309 | +1.5% |
| Amounts payable after more than one year | 17 | €2,495 | - | -€2,495 | |
| Financial debts | 170/4 | €2,495 | - | -€2,495 | |
| Amounts payable within one year | 42/48 | €17,845 | €20,648 | +€2,804 | +15.7% |
| Current portion of amounts payable after more than one year | 42 | €2,495 | €2,495 | = | 0.0% |
| Trade debts | 44 | - | €4,454 | +€4,454 | |
| Suppliers | 440/4 | - | €4,454 | +€4,454 | |
| Taxes, remuneration and social security | 45 | €7,167 | €2,197 | -€4,970 | -69.3% |
| Taxes | 450/3 | €7,167 | €2,197 | -€4,970 | -69.3% |
| Other amounts payable | 47/48 | €8,183 | €11,503 | +€3,320 | +40.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,498 | €15,442 | -€56 | -0.4% |
| Other operating charges | 640/8 | €4,146 | €3,958 | -€188 | -4.5% |
| Gross operating margin | 9900 | €12,634 | €6,128 | -€6,506 | -51.5% |
| Operating profit (loss) | 9901 | -€7,010 | -€13,272 | -€6,262 | -89.3% |
| Financial charges | 65/66B | €257 | €246 | -€10 | -4.0% |
| Recurring financial charges | 65 | €257 | €246 | -€10 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,267 | -€13,518 | -€6,251 | -86.0% |
| Transfer from deferred taxes | 780 | €6,800 | €6,800 | = | 0.0% |
| Income taxes | 67/77 | €4,054 | €2,197 | -€1,856 | -45.8% |
| Profit (loss) for the period | 9904 | -€4,520 | -€8,915 | -€4,395 | -97.2% |
| Transfer from tax-exempt reserves | 789 | €13,207 | €13,207 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,686 | €4,291 | -€4,395 | -50.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.