AMB EXPRESS: 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.
AMB EXPRESS
Largest movements
- Financial fixed assets +€215,000
up €215,000 (+143333.3%), from €150 to €215,150
- Tangible fixed assets +€45,033
up €45,033 (+120.5%), from €37,375 to €82,408
- Receivables within one year +€33,017
up €33,017 (+64.3%), from €51,314 to €84,331
of which Trade receivables: +€25,908
- Cash -€26,024
down €26,024 (-21.7%), from €119,752 to €93,728
mainly Investment in fixed assets (net) (-€276,244) and Receivables within one year (-€33,017)
- Debts after one year +€173,153
up €173,153 (+1082.3%), from €15,999 to €189,152
- Profit (loss) carried forward +€51,687
up €51,687 (+43.4%), from €119,218 to €170,905
- Short-term financial debts +€22,345
new in 2025: €22,345
- Trade debts +€12,398
up €12,398 (+124.5%), from €9,958 to €22,356
- Current portion of long-term debt +€8,380
up €8,380 (+50.1%), from €16,718 to €25,098
- Gross operating margin +€35,506
up €35,506 (+29.1%), from €121,931 to €157,437
- Taxes +€7,230
up €7,230 (+42.7%), from €16,931 to €24,161
- Staff costs +€4,026
up €4,026 (+9.4%), from €42,683 to €46,709
- Depreciation +€2,513
up €2,513 (+18.3%), from €13,698 to €16,211
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 | €212,664 | €478,293 | +€265,629 | +124.9% |
| Fixed assets | 21/28 | €37,525 | €297,558 | +€260,033 | +693.0% |
| Tangible fixed assets | 22/27 | €37,375 | €82,408 | +€45,033 | +120.5% |
| Furniture and vehicles | 24 | €37,375 | €82,408 | +€45,033 | +120.5% |
| Financial fixed assets | 28 | €150 | €215,150 | +€215,000 | +143333.3% |
| Current assets | 29/58 | €175,139 | €180,735 | +€5,596 | +3.2% |
| Amounts receivable within one year | 40/41 | €51,314 | €84,331 | +€33,017 | +64.3% |
| Trade receivables | 40 | €47,707 | €73,615 | +€25,908 | +54.3% |
| Other amounts receivable | 41 | €3,607 | €10,716 | +€7,109 | +197.1% |
| Cash at bank and in hand | 54/58 | €119,752 | €93,728 | -€26,024 | -21.7% |
| Deferred charges and accrued income | 490/1 | €4,073 | €2,676 | -€1,397 | -34.3% |
| Total equity and liabilities | 10/49 | €212,664 | €478,293 | +€265,629 | +124.9% |
| Equity | 10/15 | €127,278 | €178,965 | +€51,687 | +40.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,218 | €170,905 | +€51,687 | +43.4% |
| Amounts payable | 17/49 | €85,386 | €299,328 | +€213,942 | +250.6% |
| Amounts payable after more than one year | 17 | €15,999 | €189,152 | +€173,153 | +1082.3% |
| Financial debts | 170/4 | €15,999 | €189,152 | +€173,153 | +1082.3% |
| Amounts payable within one year | 42/48 | €69,178 | €110,176 | +€40,998 | +59.3% |
| Current portion of amounts payable after more than one year | 42 | €16,718 | €25,098 | +€8,380 | +50.1% |
| Financial debts | 43 | - | €22,345 | +€22,345 | |
| Credit institutions | 430/8 | - | €22,345 | +€22,345 | |
| Trade debts | 44 | €9,958 | €22,356 | +€12,398 | +124.5% |
| Suppliers | 440/4 | €9,958 | €22,356 | +€12,398 | +124.5% |
| Taxes, remuneration and social security | 45 | €12,502 | €4,377 | -€8,125 | -65.0% |
| Taxes | 450/3 | €5,700 | €2,086 | -€3,614 | -63.4% |
| Remuneration and social security | 454/9 | €6,802 | €2,291 | -€4,511 | -66.3% |
| Other amounts payable | 47/48 | €30,000 | €36,000 | +€6,000 | +20.0% |
| Accrued charges and deferred income | 492/3 | €209 | - | -€209 | |
| Remuneration, social security and pensions | 62 | €42,683 | €46,709 | +€4,026 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,698 | €16,211 | +€2,513 | +18.3% |
| Other operating charges | 640/8 | €759 | €1,095 | +€336 | +44.3% |
| Non-recurring operating charges | 66A | €346 | €765 | +€419 | +121.1% |
| Gross operating margin | 9900 | €121,931 | €157,437 | +€35,506 | +29.1% |
| Operating profit (loss) | 9901 | €64,445 | €92,657 | +€28,212 | +43.8% |
| Financial income | 75/76B | €865 | €288 | -€577 | -66.7% |
| Recurring financial income | 75 | €865 | €288 | -€577 | -66.7% |
| Financial charges | 65/66B | €2,570 | €2,097 | -€473 | -18.4% |
| Recurring financial charges | 65 | €2,570 | €2,097 | -€473 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €62,740 | €90,848 | +€28,108 | +44.8% |
| Income taxes | 67/77 | €16,931 | €24,161 | +€7,230 | +42.7% |
| Profit (loss) for the period | 9904 | €45,809 | €66,687 | +€20,878 | +45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,809 | €66,687 | +€20,878 | +45.6% |
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.