AMBO HOLDING: 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.
What changed
AMBO HOLDING
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€12.0m
2024 · €10.7m+€1.4m
Equity
€178.4m
2024 · €188.4m-€10.0m
Cash
€993,484
2024 · €961,790+€31,694
Balance sheet total
€186.5m
2024 · €188.5m-€2.0m
Largest movements
Assets
- Financial fixed assets +€2.9m
up €2.9m (+1.9%), from €151.5m to €154.4m
of which Affiliated companies: +€3.1m
- Current investments -€2.5m
down €2.5m (-8.7%), from €29.0m to €26.5m
- Tangible fixed assets -€2.5m
down €2.5m (-38.3%), from €6.4m to €4.0m
of which Land and buildings: -€2.7m
Equity and liabilities
- Reserves -€10.0m
down €10.0m (-8.6%), from €116.4m to €106.5m
of which Distributable reserves: -€10.6m
- Other debts +€8.0m
up €8.0m, from €0 to €8.0m
Income statement
- Financial income -€373,670
down €373,670 (-3.2%), from €11.9m to €11.5m
- Taxes +€203,113
up €203,113 (+316.9%), from €64,095 to €267,208
- Services and other goods +€100,070
up €100,070 (+31.9%), from €313,288 to €413,359
- Financial charges -€71,651
down €71,651 (-13.8%), from €518,014 to €446,363
- Depreciation -€67,731
down €67,731 (-21.0%), from €321,910 to €254,179
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.
Result 2024
€10.7m
Turnover
+€6,109
Other operating income
+€3,388
Services and other goods
-€100,070
Staff costs
-€2,328
Depreciation
+€67,731
Other operating charges
-€12,379
Other operating items
+€1.9m
Financial income
-€373,670
Financial charges
+€71,651
Taxes
-€203,113
Result 2025
€12.0m
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.
From operations
+€20.2m
Investment
+€1.8m
Financing
-€22.0m
Cash 2024
€961,790
From operations (derived)
+€20.2m
Net result for the year
+€12.0m
Depreciation
+€254,179
Receivables within one year
-€193,473
Deferred charges and accrued income
+€92,445
Smaller working-capital items
-€6,072
Other debts
+€8.0m
Investment (derived)
+€1.8m
Investment in fixed assets (net)
-€669,082
Current investments
+€2.5m
Financing
-€22.0m
Contributions, distributions and other
-€22.0m
Cash 2025
€993,484
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €188,464,037 | €186,503,630 | -€2.0m | -1.0% |
| Fixed assets | 21/28 | €157,890,080 | €158,304,984 | +€414,904 | +0.3% |
| Tangible fixed assets | 22/27 | €6,406,214 | €3,950,296 | -€2.5m | -38.3% |
| Land and buildings | 22 | €5,417,863 | €2,711,477 | -€2.7m | -50.0% |
| Furniture and vehicles | 24 | €41,862 | €25,954 | -€15,908 | -38.0% |
| Other tangible fixed assets | 26 | €946,489 | €1,212,865 | +€266,376 | +28.1% |
| Financial fixed assets | 28 | €151,483,866 | €154,354,687 | +€2.9m | +1.9% |
| Affiliated companies | 280/1 | €151,258,416 | €154,354,237 | +€3.1m | +2.0% |
| Participating interests | 280 | €142,208,438 | €145,304,259 | +€3.1m | +2.2% |
| Amounts receivable | 281 | €9,049,978 | €9,049,978 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €225,000 | €0 | -€225,000 | -100.0% |
| Amounts receivable | 283 | €225,000 | €0 | -€225,000 | -100.0% |
| Other financial fixed assets | 284/8 | €450 | €450 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €30,573,957 | €28,198,647 | -€2.4m | -7.8% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €246,546 | €440,020 | +€193,473 | +78.5% |
| Trade receivables | 40 | €2,123 | €58 | -€2,065 | -97.3% |
| Other amounts receivable | 41 | €244,424 | €439,962 | +€195,538 | +80.0% |
| Current investments | 50/53 | €28,967,085 | €26,459,053 | -€2.5m | -8.7% |
| Other investments | 51/53 | €28,967,085 | €26,459,053 | -€2.5m | -8.7% |
| Cash at bank and in hand | 54/58 | €961,790 | €993,484 | +€31,694 | +3.3% |
| Deferred charges and accrued income | 490/1 | €398,535 | €306,090 | -€92,445 | -23.2% |
| Total equity and liabilities | 10/49 | €188,464,037 | €186,503,630 | -€2.0m | -1.0% |
| Equity | 10/15 | €188,400,431 | €178,446,097 | -€10.0m | -5.3% |
| Contributions | 10/11 | €71,981,000 | €71,981,000 | = | 0.0% |
| Capital | 10 | €71,981,000 | €71,981,000 | = | 0.0% |
| Issued capital | 100 | €74,241,000 | €74,241,000 | = | 0.0% |
| Uncalled capital | 101 | €2,260,000 | €2,260,000 | = | 0.0% |
| Reserves | 13 | €116,419,431 | €106,465,097 | -€10.0m | -8.6% |
| Non-distributable reserves | 130/1 | €6,897,000 | €7,507,000 | +€610,000 | +8.8% |
| Legal reserve | 130 | €6,897,000 | €7,507,000 | +€610,000 | +8.8% |
| Distributable reserves | 133 | €109,522,431 | €98,958,097 | -€10.6m | -9.6% |
| Amounts payable | 17/49 | €63,606 | €8,057,534 | +€8.0m | +12568.0% |
| Amounts payable within one year | 42/48 | €57,035 | €8,056,034 | +€8.0m | +14024.8% |
| Trade debts | 44 | €30,899 | €33,439 | +€2,541 | +8.2% |
| Suppliers | 440/4 | €30,899 | €33,439 | +€2,541 | +8.2% |
| Taxes, remuneration and social security | 45 | €26,136 | €22,594 | -€3,541 | -13.6% |
| Taxes | 450/3 | €10,162 | €10,002 | -€160 | -1.6% |
| Remuneration and social security | 454/9 | €15,973 | €12,592 | -€3,381 | -21.2% |
| Other amounts payable | 47/48 | €0 | €8,000,000 | +€8.0m | |
| Accrued charges and deferred income | 492/3 | €6,571 | €1,500 | -€5,071 | -77.2% |
| Operating income | 70/76A | €161,446 | €2,077,828 | +€1.9m | +1187.0% |
| Turnover | 70 | €150,499 | €156,608 | +€6,109 | +4.1% |
| Other operating income | 74 | €10,947 | €14,335 | +€3,388 | +30.9% |
| Non-recurring operating income | 76A | €0 | €1,906,885 | +€1.9m | |
| Operating charges | 60/66A | €748,919 | €799,535 | +€50,617 | +6.8% |
| Goods for resale, raw materials and consumables | 60 | €0 | - | = | |
| Purchases | 600/8 | €0 | - | = | |
| Services and other goods | 61 | €313,288 | €413,359 | +€100,070 | +31.9% |
| Remuneration, social security and pensions | 62 | €59,582 | €61,909 | +€2,328 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €321,910 | €254,179 | -€67,731 | -21.0% |
| Other operating charges | 640/8 | €54,139 | €66,518 | +€12,379 | +22.9% |
| Non-recurring operating charges | 66A | - | €3,571 | +€3,571 | |
| Operating profit (loss) | 9901 | -€587,472 | €1,278,293 | +€1.9m | |
| Financial income | 75/76B | €11,854,613 | €11,480,944 | -€373,670 | -3.2% |
| Recurring financial income | 75 | €11,854,613 | €11,480,944 | -€373,670 | -3.2% |
| Income from financial fixed assets | 750 | €10,597,659 | €10,060,337 | -€537,323 | -5.1% |
| Income from current assets | 751 | €956,276 | €1,095,898 | +€139,622 | +14.6% |
| Other financial income | 752/9 | €300,678 | €324,709 | +€24,031 | +8.0% |
| Financial charges | 65/66B | €518,014 | €446,363 | -€71,651 | -13.8% |
| Recurring financial charges | 65 | €518,014 | €446,363 | -€71,651 | -13.8% |
| Debt charges | 650 | €18 | €45 | +€27 | +149.2% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €332,485 | -€348,433 | -€680,918 | |
| Other financial charges | 652/9 | €185,511 | €794,751 | +€609,239 | +328.4% |
| Profit (loss) for the period before taxes | 9903 | €10,749,127 | €12,312,874 | +€1.6m | +14.5% |
| Income taxes | 67/77 | €64,095 | €267,208 | +€203,113 | +316.9% |
| Taxes | 670/3 | €64,095 | €267,208 | +€203,113 | +316.9% |
| Profit (loss) for the period | 9904 | €10,685,031 | €12,045,665 | +€1.4m | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,685,031 | €12,045,665 | +€1.4m | +12.7% |
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 9 October 2026 via checked.be.