AMbeheer: 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.
AMbeheer
Largest movements
- Cash -€142,409
down €142,409 (-57.3%), from €248,434 to €106,025
mainly Contributions, distributions and other (-€266,764) and Tax, wage and social debts (-€83,409)
- Receivables within one year -€69,136
down €69,136 (-91.1%), from €75,873 to €6,737
of which Other amounts receivable: -€70,534
- Reserves -€107,133
down €107,133 (-40.2%), from €266,764 to €159,631
- Tax, wage and social debts -€83,409
down €83,409 (-92.1%), from €90,522 to €7,113
- Debts after one year -€21,894
down €21,894 (-24.2%), from €90,299 to €68,405
- Gross operating margin -€54,819
down €54,819 (-19.8%), from €276,165 to €221,347
- Taxes -€13,069
down €13,069 (-18.6%), from €70,309 to €57,241
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 | €475,106 | €263,043 | -€212,062 | -44.6% |
| Fixed assets | 21/28 | €150,799 | €150,282 | -€518 | -0.3% |
| Tangible fixed assets | 22/27 | €2,330 | €1,812 | -€518 | -22.2% |
| Furniture and vehicles | 24 | €2,330 | €1,812 | -€518 | -22.2% |
| Financial fixed assets | 28 | €148,469 | €148,469 | = | 0.0% |
| Current assets | 29/58 | €324,306 | €112,762 | -€211,545 | -65.2% |
| Amounts receivable within one year | 40/41 | €75,873 | €6,737 | -€69,136 | -91.1% |
| Trade receivables | 40 | €0 | €1,398 | +€1,398 | |
| Other amounts receivable | 41 | €75,873 | €5,339 | -€70,534 | -93.0% |
| Cash at bank and in hand | 54/58 | €248,434 | €106,025 | -€142,409 | -57.3% |
| Total equity and liabilities | 10/49 | €475,106 | €263,043 | -€212,062 | -44.6% |
| Equity | 10/15 | €272,764 | €165,631 | -€107,133 | -39.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €266,764 | €159,631 | -€107,133 | -40.2% |
| Distributable reserves | 133 | €266,764 | €159,631 | -€107,133 | -40.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €202,342 | €97,413 | -€104,929 | -51.9% |
| Amounts payable after more than one year | 17 | €90,299 | €68,405 | -€21,894 | -24.2% |
| Financial debts | 170/4 | €90,299 | €68,405 | -€21,894 | -24.2% |
| Amounts payable within one year | 42/48 | €112,042 | €29,007 | -€83,035 | -74.1% |
| Current portion of amounts payable after more than one year | 42 | €21,455 | €21,894 | +€439 | +2.0% |
| Trade debts | 44 | €65 | €0 | -€65 | -100% |
| Suppliers | 440/4 | €65 | €0 | -€65 | -100% |
| Taxes, remuneration and social security | 45 | €90,522 | €7,113 | -€83,409 | -92.1% |
| Taxes | 450/3 | €90,522 | €7,113 | -€83,409 | -92.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €259 | €518 | +€259 | +100% |
| Other operating charges | 640/8 | €504 | €1,018 | +€514 | +102% |
| Gross operating margin | 9900 | €276,165 | €221,347 | -€54,819 | -19.8% |
| Operating profit (loss) | 9901 | €275,403 | €219,811 | -€55,592 | -20.2% |
| Financial income | 75/76B | €3,711 | €3,107 | -€604 | -16.3% |
| Recurring financial income | 75 | €3,711 | €3,107 | -€604 | -16.3% |
| Financial charges | 65/66B | €6,631 | €6,047 | -€584 | -8.8% |
| Recurring financial charges | 65 | €6,631 | €6,047 | -€584 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €272,483 | €216,871 | -€55,612 | -20.4% |
| Income taxes | 67/77 | €70,309 | €57,241 | -€13,069 | -18.6% |
| Profit (loss) for the period | 9904 | €202,174 | €159,631 | -€42,543 | -21.0% |
| Profit (loss) for the period to be appropriated | 9905 | €202,174 | €159,631 | -€42,543 | -21.0% |
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 30 October 2026 via checked.be.