AMAVI Capital: what changed
AMAVI Capital
Largest movements
- Receivables within one year -€193,282
down €193,282 (-96.6%), from €200,000 to €6,718
of which Trade receivables: -€200,000
- Deferred charges and accrued income +€138,962
up €138,962 (+968%), from €14,356 to €153,318
- Cash +€44,550
up €44,550 (+176%), from €25,286 to €69,836
mainly Receivables within one year (+€193,282) and Tax, wage and social debts (+€13,495)
- Financial fixed assets +€4,380
up €4,380 (+24.4%), from €17,942 to €22,322
- Profit (loss) carried forward -€22,786
new in 2025: -€22,786
- Tax, wage and social debts +€13,495
up €13,495 (+82.5%), from €16,350 to €29,845
of which Remuneration and social security: +€9,193
- Trade debts -€12,430
down €12,430 (-8.1%), from €153,643 to €141,212
- Other debts +€12,115
up €12,115 (+35.4%), from €34,269 to €46,383
- Accrued charges and deferred income +€2,684
up €2,684 (+107%), from €2,498 to €5,182
- Staff costs +€27,973
up €27,973 (+16.0%), from €175,362 to €203,335
- Gross operating margin -€11,282
down €11,282 (-5.7%), from €198,556 to €187,274
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €261,855 | €254,933 | -€6,923 | -2.6% |
| Fixed assets | 21/28 | €22,213 | €25,061 | +€2,848 | +12.8% |
| Tangible fixed assets | 22/27 | €4,271 | €2,739 | -€1,533 | -35.9% |
| Plant, machinery and equipment | 23 | €2,030 | €1,240 | -€790 | -38.9% |
| Furniture and vehicles | 24 | €2,241 | €1,498 | -€743 | -33.1% |
| Financial fixed assets | 28 | €17,942 | €22,322 | +€4,380 | +24.4% |
| Current assets | 29/58 | €239,642 | €229,872 | -€9,770 | -4.1% |
| Amounts receivable within one year | 40/41 | €200,000 | €6,718 | -€193,282 | -96.6% |
| Trade receivables | 40 | €200,000 | - | -€200,000 | |
| Other amounts receivable | 41 | - | €6,718 | +€6,718 | |
| Cash at bank and in hand | 54/58 | €25,286 | €69,836 | +€44,550 | +176% |
| Deferred charges and accrued income | 490/1 | €14,356 | €153,318 | +€138,962 | +968% |
| Total equity and liabilities | 10/49 | €261,855 | €254,933 | -€6,923 | -2.6% |
| Equity | 10/15 | €55,096 | €32,310 | -€22,786 | -41.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €30,096 | €30,096 | = | 0.0% |
| Distributable reserves | 133 | €30,096 | €30,096 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€22,786 | -€22,786 | |
| Amounts payable | 17/49 | €206,759 | €222,623 | +€15,864 | +7.7% |
| Amounts payable within one year | 42/48 | €204,261 | €217,441 | +€13,180 | +6.5% |
| Trade debts | 44 | €153,643 | €141,212 | -€12,430 | -8.1% |
| Suppliers | 440/4 | €153,643 | €141,212 | -€12,430 | -8.1% |
| Taxes, remuneration and social security | 45 | €16,350 | €29,845 | +€13,495 | +82.5% |
| Taxes | 450/3 | €4,191 | €8,494 | +€4,302 | +103% |
| Remuneration and social security | 454/9 | €12,158 | €21,351 | +€9,193 | +75.6% |
| Other amounts payable | 47/48 | €34,269 | €46,383 | +€12,115 | +35.4% |
| Accrued charges and deferred income | 492/3 | €2,498 | €5,182 | +€2,684 | +107% |
| Remuneration, social security and pensions | 62 | €175,362 | €203,335 | +€27,973 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,579 | €3,351 | -€229 | -6.4% |
| Other operating charges | 640/8 | €1,122 | €1,236 | +€114 | +10.2% |
| Gross operating margin | 9900 | €198,556 | €187,274 | -€11,282 | -5.7% |
| Operating profit (loss) | 9901 | €18,493 | -€20,647 | -€39,140 | |
| Financial income | 75/76B | €1,280 | €2,184 | +€904 | +70.6% |
| Recurring financial income | 75 | €1,280 | €2,184 | +€904 | +70.6% |
| Financial charges | 65/66B | €5,888 | €4,323 | -€1,566 | -26.6% |
| Recurring financial charges | 65 | €5,888 | €4,323 | -€1,566 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €13,885 | -€22,786 | -€36,671 | |
| Profit (loss) for the period | 9904 | €13,885 | -€22,786 | -€36,671 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,885 | -€22,786 | -€36,671 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.