AMARY: 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.
What changed
AMARY
NACE 64.210, Activities of holding companies
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€829,076
2023 · €407,241+€421,835
Equity
€16.7m
2023 · €16.5m+€193,719
Cash
€30,219
2023 · €57,188-€26,969
Balance sheet total
€17.7m
2023 · €17.7m-€1,457
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Reserves +€193,719
up €193,719 (+1.2%), from €15.6m to €15.8m
Income statement
- Financial income +€595,844
up €595,844 (+368.3%), from €161,770 to €757,614
- Gross operating margin -€228,829
down €228,829 (-60.4%), from €378,798 to €149,969
- Taxes -€58,883
down €58,883 (-69.0%), from €85,294 to €26,411
- Other operating charges +€4,066
up €4,066 (+2454.6%), from €166 to €4,231
From the 2023 result to the 2024 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.
Result 2023
€407,241
Gross operating margin
-€228,829
Depreciation
-€1,786
Other operating charges
-€4,066
Financial income
+€595,844
Financial charges
+€1,788
Taxes
+€58,883
Result 2024
€829,076
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€735,456
Investment
-€10,100
Financing
-€752,325
Cash 2023
€57,188
From operations (derived)
+€735,456
Net result for the year
+€829,076
Depreciation
+€40,223
Receivables within one year
-€48,979
Deferred charges and accrued income
-€6,656
Trade debts
+€3,632
Tax, wage and social debts
-€31,422
Advances received
+€10,499
Other debts
-€50,704
Accrued charges and deferred income
-€10,211
Investment (derived)
-€10,100
Investment in fixed assets (net)
-€10,100
Financing
-€752,325
Debts after one year
-€68,322
Current portion of long-term debt
-€48,647
Contributions, distributions and other
-€635,357
Cash 2024
€30,219
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,707,265 | €17,705,809 | -€1,457 | 0.0% |
| Fixed assets | 21/28 | €17,427,905 | €17,397,782 | -€30,123 | -0.2% |
| Tangible fixed assets | 22/27 | €257,763 | €227,640 | -€30,123 | -11.7% |
| Furniture and vehicles | 24 | €110,699 | €87,263 | -€23,436 | -21.2% |
| Other tangible fixed assets | 26 | €147,064 | €140,376 | -€6,688 | -4.5% |
| Financial fixed assets | 28 | €17,170,142 | €17,170,142 | = | 0.0% |
| Current assets | 29/58 | €279,361 | €308,027 | +€28,667 | +10.3% |
| Amounts receivable after more than one year | 29 | €200,000 | €200,000 | = | 0.0% |
| Other amounts receivable | 291 | €200,000 | €200,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,398 | €60,377 | +€48,979 | +429.7% |
| Trade receivables | 40 | €11,398 | €14,228 | +€2,831 | +24.8% |
| Other amounts receivable | 41 | - | €46,149 | +€46,149 | |
| Cash at bank and in hand | 54/58 | €57,188 | €30,219 | -€26,969 | -47.2% |
| Deferred charges and accrued income | 490/1 | €10,775 | €17,431 | +€6,656 | +61.8% |
| Total equity and liabilities | 10/49 | €17,707,265 | €17,705,809 | -€1,457 | 0.0% |
| Equity | 10/15 | €16,546,980 | €16,740,699 | +€193,719 | +1.2% |
| Contributions | 10/11 | €957,499 | €957,499 | = | 0.0% |
| Reserves | 13 | €15,589,480 | €15,783,200 | +€193,719 | +1.2% |
| Distributable reserves | 133 | €15,589,480 | €15,783,200 | +€193,719 | +1.2% |
| Amounts payable | 17/49 | €1,160,286 | €965,110 | -€195,176 | -16.8% |
| Amounts payable after more than one year | 17 | €152,871 | €84,549 | -€68,322 | -44.7% |
| Financial debts | 170/4 | €152,871 | €84,549 | -€68,322 | -44.7% |
| Amounts payable within one year | 42/48 | €996,651 | €880,009 | -€116,643 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €116,969 | €68,322 | -€48,647 | -41.6% |
| Trade debts | 44 | €8,782 | €12,414 | +€3,632 | +41.4% |
| Suppliers | 440/4 | €8,782 | €12,414 | +€3,632 | +41.4% |
| Advances received on contracts in progress | 46 | - | €10,499 | +€10,499 | |
| Taxes, remuneration and social security | 45 | €59,408 | €27,986 | -€31,422 | -52.9% |
| Taxes | 450/3 | €59,408 | €27,986 | -€31,422 | -52.9% |
| Other amounts payable | 47/48 | €811,493 | €760,788 | -€50,704 | -6.2% |
| Accrued charges and deferred income | 492/3 | €10,764 | €552 | -€10,211 | -94.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,437 | €40,223 | +€1,786 | +4.6% |
| Other operating charges | 640/8 | €166 | €4,231 | +€4,066 | +2454.6% |
| Gross operating margin | 9900 | €378,798 | €149,969 | -€228,829 | -60.4% |
| Operating profit (loss) | 9901 | €340,196 | €105,515 | -€234,680 | -69.0% |
| Financial income | 75/76B | €161,770 | €757,614 | +€595,844 | +368.3% |
| Recurring financial income | 75 | €161,770 | €757,614 | +€595,844 | +368.3% |
| Financial charges | 65/66B | €9,430 | €7,642 | -€1,788 | -19.0% |
| Recurring financial charges | 65 | €9,430 | €7,642 | -€1,788 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €492,535 | €855,487 | +€362,952 | +73.7% |
| Income taxes | 67/77 | €85,294 | €26,411 | -€58,883 | -69.0% |
| Profit (loss) for the period | 9904 | €407,241 | €829,076 | +€421,835 | +103.6% |
| Profit (loss) for the period to be appropriated | 9905 | €407,241 | €829,076 | +€421,835 | +103.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.