AMBITION: 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.
AMBITION
Largest movements
- Current investments +€104,083
up €104,083 (+29.0%), from €358,837 to €462,921
- Cash -€65,657
down €65,657 (-68.2%), from €96,206 to €30,549
mainly Current investments (-€104,083) and Contributions, distributions and other (-€29,000)
- Tangible fixed assets -€10,628
down €10,628 (-24.0%), from €44,254 to €33,626
- Receivables within one year +€9,784
up €9,784 (+28.5%), from €34,282 to €44,066
of which Trade receivables: +€13,839
- Other debts +€58,123
new in 2025: €58,123
- Reserves -€21,607
down €21,607 (-3.5%), from €614,865 to €593,258
- Financial income +€41,391
up €41,391 (+140.4%), from €29,484 to €70,876
- Financial charges -€19,724
down €19,724, from €6,548 to -€13,176
- Gross operating margin -€19,316
down €19,316 (-141.3%), from -€13,671 to -€32,988
- Other operating charges +€18,845
up €18,845 (+160.9%), from €11,709 to €30,554
- Write-downs -€17,500
no longer reported in 2025 (was €17,500)
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 | €635,515 | €673,448 | +€37,933 | +6.0% |
| Fixed assets | 21/28 | €44,254 | €33,626 | -€10,628 | -24.0% |
| Tangible fixed assets | 22/27 | €44,254 | €33,626 | -€10,628 | -24.0% |
| Furniture and vehicles | 24 | €44,254 | €33,626 | -€10,628 | -24.0% |
| Current assets | 29/58 | €591,261 | €639,822 | +€48,561 | +8.2% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €34,282 | €44,066 | +€9,784 | +28.5% |
| Trade receivables | 40 | €24,164 | €38,003 | +€13,839 | +57.3% |
| Other amounts receivable | 41 | €10,118 | €6,063 | -€4,055 | -40.1% |
| Current investments | 50/53 | €358,837 | €462,921 | +€104,083 | +29.0% |
| Cash at bank and in hand | 54/58 | €96,206 | €30,549 | -€65,657 | -68.2% |
| Deferred charges and accrued income | 490/1 | €1,936 | €2,286 | +€350 | +18.1% |
| Total equity and liabilities | 10/49 | €635,515 | €673,448 | +€37,933 | +6.0% |
| Equity | 10/15 | €621,066 | €599,459 | -€21,607 | -3.5% |
| Contributions | 10/11 | €6,201 | €6,201 | = | 0.0% |
| Reserves | 13 | €614,865 | €593,258 | -€21,607 | -3.5% |
| Distributable reserves | 133 | €614,865 | €593,258 | -€21,607 | -3.5% |
| Amounts payable | 17/49 | €14,449 | €73,989 | +€59,540 | +412.1% |
| Amounts payable within one year | 42/48 | €14,449 | €73,989 | +€59,540 | +412.1% |
| Trade debts | 44 | €5,500 | €5,638 | +€137 | +2.5% |
| Suppliers | 440/4 | €5,500 | €5,638 | +€137 | +2.5% |
| Taxes, remuneration and social security | 45 | €8,949 | €10,228 | +€1,280 | +14.3% |
| Taxes | 450/3 | €8,949 | €10,228 | +€1,280 | +14.3% |
| Other amounts payable | 47/48 | - | €58,123 | +€58,123 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,958 | €10,628 | +€1,670 | +18.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,500 | - | -€17,500 | |
| Other operating charges | 640/8 | €11,709 | €30,554 | +€18,845 | +160.9% |
| Gross operating margin | 9900 | -€13,671 | -€32,988 | -€19,316 | -141.3% |
| Operating profit (loss) | 9901 | -€51,839 | -€74,170 | -€22,331 | -43.1% |
| Financial income | 75/76B | €29,484 | €70,876 | +€41,391 | +140.4% |
| Recurring financial income | 75 | €29,484 | €70,876 | +€41,391 | +140.4% |
| Financial charges | 65/66B | €6,548 | -€13,176 | -€19,724 | |
| Recurring financial charges | 65 | €6,548 | -€13,176 | -€19,724 | |
| Profit (loss) for the period before taxes | 9903 | -€28,903 | €9,882 | +€38,784 | |
| Income taxes | 67/77 | €494 | €2,489 | +€1,995 | +403.8% |
| Profit (loss) for the period | 9904 | -€29,397 | €7,393 | +€36,789 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,397 | €7,393 | +€36,789 |
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 12 October 2026 via checked.be.