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.
AMARY
Largest movements
- Cash -€89,089
down €89,089 (-65.8%), from €135,407 to €46,317
mainly Contributions, distributions and other (-€145,294) and Trade debts (-€10,847)
- Receivables within one year -€5,777
down €5,777 (-26.6%), from €21,699 to €15,922
of which Trade receivables: -€5,790
- Tangible fixed assets -€4,000
down €4,000 (-51.6%), from €7,759 to €3,759
- Reserves -€99,735
down €99,735 (-87.5%), from €113,979 to €14,245
- Trade debts -€10,847
down €10,847 (-85.3%), from €12,715 to €1,867
- Other debts +€10,404
up €10,404 (+44.4%), from €23,406 to €33,809
- Gross operating margin +€22,697
up €22,697 (+54.9%), from €41,353 to €64,050
- Taxes +€4,828
up €4,828 (+61.6%), from €7,839 to €12,667
- Financial charges -€1,159
down €1,159 (-53.8%), from €2,153 to €994
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 | €165,510 | €66,677 | -€98,833 | -59.7% |
| Fixed assets | 21/28 | €7,759 | €3,759 | -€4,000 | -51.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €7,759 | €3,759 | -€4,000 | -51.6% |
| Furniture and vehicles | 24 | €7,759 | €3,759 | -€4,000 | -51.6% |
| Current assets | 29/58 | €157,751 | €62,918 | -€94,833 | -60.1% |
| Amounts receivable within one year | 40/41 | €21,699 | €15,922 | -€5,777 | -26.6% |
| Trade receivables | 40 | €21,699 | €15,909 | -€5,790 | -26.7% |
| Other amounts receivable | 41 | €0 | €13 | +€13 | |
| Cash at bank and in hand | 54/58 | €135,407 | €46,317 | -€89,089 | -65.8% |
| Deferred charges and accrued income | 490/1 | €645 | €679 | +€34 | +5.2% |
| Total equity and liabilities | 10/49 | €165,510 | €66,677 | -€98,833 | -59.7% |
| Equity | 10/15 | €118,979 | €19,245 | -€99,735 | -83.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €113,979 | €14,245 | -€99,735 | -87.5% |
| Distributable reserves | 133 | €113,979 | €14,245 | -€99,735 | -87.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €46,530 | €47,432 | +€902 | +1.9% |
| Amounts payable within one year | 42/48 | €46,380 | €47,282 | +€902 | +1.9% |
| Trade debts | 44 | €12,715 | €1,867 | -€10,847 | -85.3% |
| Suppliers | 440/4 | €12,715 | €1,867 | -€10,847 | -85.3% |
| Taxes, remuneration and social security | 45 | €10,260 | €11,605 | +€1,345 | +13.1% |
| Taxes | 450/3 | €10,260 | €11,605 | +€1,345 | +13.1% |
| Other amounts payable | 47/48 | €23,406 | €33,809 | +€10,404 | +44.4% |
| Accrued charges and deferred income | 492/3 | €150 | €150 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,113 | €4,000 | -€113 | -2.8% |
| Other operating charges | 640/8 | €582 | €829 | +€246 | +42.2% |
| Gross operating margin | 9900 | €41,353 | €64,050 | +€22,697 | +54.9% |
| Operating profit (loss) | 9901 | €36,657 | €59,221 | +€22,564 | +61.6% |
| Financial charges | 65/66B | €2,153 | €994 | -€1,159 | -53.8% |
| Recurring financial charges | 65 | €2,153 | €994 | -€1,159 | -53.8% |
| Profit (loss) for the period before taxes | 9903 | €34,504 | €58,227 | +€23,723 | +68.8% |
| Income taxes | 67/77 | €7,839 | €12,667 | +€4,828 | +61.6% |
| Profit (loss) for the period | 9904 | €26,665 | €45,559 | +€18,894 | +70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,665 | €45,559 | +€18,894 | +70.9% |
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.