Amaurex: 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.
Amaurex
Largest movements
- Receivables within one year -€74,070
down €74,070 (-43.1%), from €171,768 to €97,697
of which Trade receivables: -€65,787
- Tangible fixed assets -€60,490
down €60,490 (-67.0%), from €90,320 to €29,831
of which Furniture and vehicles: -€60,775
- Cash +€13,911
up €13,911, from €0 to €13,911
mainly Receivables within one year (+€74,070) and Investment in fixed assets (net) (+€49,233)
- Deferred charges and accrued income +€5,472
up €5,472 (+299%), from €1,833 to €7,305
- Trade debts -€47,638
down €47,638 (-40.2%), from €118,376 to €70,737
- Profit (loss) carried forward -€40,570
down €40,570 (-64.7%), from €62,663 to €22,093
- Short-term financial debts -€23,601
down €23,601 (-100%), from €23,601 to €0
- Debts after one year -€8,186
down €8,186 (-19.6%), from €41,835 to €33,649
- Other operating charges +€24,237
up €24,237 (+273%), from €8,890 to €33,127
- Taxes -€8,887
down €8,887 (-61.1%), from €14,544 to €5,657
- Financial charges +€8,598
up €8,598 (+720%), from €1,195 to €9,793
- Depreciation +€6,669
up €6,669 (+165%), from €4,048 to €10,717
- Gross operating margin +€1,557
up €1,557 (+2.9%), from €54,232 to €55,789
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 | €279,135 | €163,531 | -€115,604 | -41.4% |
| Fixed assets | 21/28 | €91,418 | €31,469 | -€59,950 | -65.6% |
| Tangible fixed assets | 22/27 | €90,320 | €29,831 | -€60,490 | -67.0% |
| Plant, machinery and equipment | 23 | €3,370 | €3,654 | +€285 | +8.5% |
| Furniture and vehicles | 24 | €86,951 | €26,176 | -€60,775 | -69.9% |
| Financial fixed assets | 28 | €1,098 | €1,638 | +€540 | +49.2% |
| Current assets | 29/58 | €187,717 | €132,063 | -€55,654 | -29.6% |
| Stocks and contracts in progress | 3 | €14,116 | €13,150 | -€966 | -6.8% |
| Stocks | 30/36 | €14,116 | €13,150 | -€966 | -6.8% |
| Amounts receivable within one year | 40/41 | €171,768 | €97,697 | -€74,070 | -43.1% |
| Trade receivables | 40 | €145,313 | €79,526 | -€65,787 | -45.3% |
| Other amounts receivable | 41 | €26,455 | €18,171 | -€8,284 | -31.3% |
| Cash at bank and in hand | 54/58 | €0 | €13,911 | +€13,911 | |
| Deferred charges and accrued income | 490/1 | €1,833 | €7,305 | +€5,472 | +299% |
| Total equity and liabilities | 10/49 | €279,135 | €163,531 | -€115,604 | -41.4% |
| Equity | 10/15 | €65,663 | €25,093 | -€40,570 | -61.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,663 | €22,093 | -€40,570 | -64.7% |
| Amounts payable | 17/49 | €213,472 | €138,439 | -€75,033 | -35.1% |
| Amounts payable after more than one year | 17 | €41,835 | €33,649 | -€8,186 | -19.6% |
| Financial debts | 170/4 | €41,835 | €33,649 | -€8,186 | -19.6% |
| Amounts payable within one year | 42/48 | €171,415 | €104,418 | -€66,996 | -39.1% |
| Current portion of amounts payable after more than one year | 42 | €14,894 | €17,111 | +€2,217 | +14.9% |
| Financial debts | 43 | €23,601 | €0 | -€23,601 | -100% |
| Credit institutions | 430/8 | €23,601 | €0 | -€23,601 | -100% |
| Trade debts | 44 | €118,376 | €70,737 | -€47,638 | -40.2% |
| Suppliers | 440/4 | €118,376 | €70,737 | -€47,638 | -40.2% |
| Taxes, remuneration and social security | 45 | €14,544 | €16,570 | +€2,026 | +13.9% |
| Taxes | 450/3 | €14,544 | €16,570 | +€2,026 | +13.9% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €222 | €372 | +€150 | +67.3% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,048 | €10,717 | +€6,669 | +165% |
| Other operating charges | 640/8 | €8,890 | €33,127 | +€24,237 | +273% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €54,232 | €55,789 | +€1,557 | +2.9% |
| Operating profit (loss) | 9901 | €41,294 | €11,945 | -€29,349 | -71.1% |
| Financial income | 75/76B | €10 | €31 | +€20 | +196% |
| Recurring financial income | 75 | €10 | €31 | +€20 | +196% |
| Financial charges | 65/66B | €1,195 | €9,793 | +€8,598 | +720% |
| Recurring financial charges | 65 | €1,195 | €9,793 | +€8,598 | +720% |
| Profit (loss) for the period before taxes | 9903 | €40,110 | €2,183 | -€37,927 | -94.6% |
| Income taxes | 67/77 | €14,544 | €5,657 | -€8,887 | -61.1% |
| Profit (loss) for the period | 9904 | €25,566 | -€3,474 | -€29,040 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,566 | -€3,474 | -€29,040 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.