AMC: 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.
AMC
Largest movements
- Tangible fixed assets -€24,118
down €24,118 (-21.4%), from €112,475 to €88,357
of which Furniture and vehicles: -€18,147
- Cash -€12,695
down €12,695 (-59.9%), from €21,209 to €8,514
mainly Net result for the year (-€13,462) and Debts after one year (-€10,035)
- Receivables within one year -€2,507
down €2,507 (-32.4%), from €7,734 to €5,227
of which Trade receivables: -€2,512
- Debts after one year -€10,035
down €10,035 (-24.2%), from €41,545 to €31,510
- Current portion of long-term debt -€9,246
down €9,246 (-47.9%), from €19,295 to €10,049
- Reserves -€8,170
down €8,170 (-24.4%), from €33,506 to €25,336
- Profit (loss) carried forward -€5,292
down €5,292 (-100.0%), from €5,292 to €0
- Tax, wage and social debts -€5,219
down €5,219 (-39.3%), from €13,268 to €8,049
of which Taxes: -€5,219
- Gross operating margin -€18,609
down €18,609 (-53.3%), from €34,931 to €16,322
- Depreciation +€13,731
up €13,731 (+112.1%), from €12,249 to €25,981
- Taxes -€7,584
down €7,584 (-97.7%), from €7,765 to €181
- Financial charges +€1,024
up €1,024 (+66.4%), from €1,541 to €2,565
- Other operating charges -€394
down €394 (-27.0%), from €1,457 to €1,063
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 | €145,597 | €105,924 | -€39,673 | -27.2% |
| Fixed assets | 21/28 | €112,625 | €88,357 | -€24,268 | -21.5% |
| Tangible fixed assets | 22/27 | €112,475 | €88,357 | -€24,118 | -21.4% |
| Plant, machinery and equipment | 23 | €18,150 | €12,179 | -€5,971 | -32.9% |
| Furniture and vehicles | 24 | €94,325 | €76,178 | -€18,147 | -19.2% |
| Financial fixed assets | 28 | €150 | €0 | -€150 | -100.0% |
| Current assets | 29/58 | €32,972 | €17,567 | -€15,405 | -46.7% |
| Amounts receivable within one year | 40/41 | €7,734 | €5,227 | -€2,507 | -32.4% |
| Trade receivables | 40 | €7,734 | €5,222 | -€2,512 | -32.5% |
| Other amounts receivable | 41 | €0 | €5 | +€5 | |
| Cash at bank and in hand | 54/58 | €21,209 | €8,514 | -€12,695 | -59.9% |
| Deferred charges and accrued income | 490/1 | €4,029 | €3,826 | -€203 | -5.0% |
| Total equity and liabilities | 10/49 | €145,597 | €105,924 | -€39,673 | -27.2% |
| Equity | 10/15 | €44,799 | €31,336 | -€13,462 | -30.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €33,506 | €25,336 | -€8,170 | -24.4% |
| Distributable reserves | 133 | €33,506 | €25,336 | -€8,170 | -24.4% |
| Profit (loss) carried forward | 14 | €5,292 | €0 | -€5,292 | -100.0% |
| Amounts payable | 17/49 | €100,798 | €74,587 | -€26,211 | -26.0% |
| Amounts payable after more than one year | 17 | €41,545 | €31,510 | -€10,035 | -24.2% |
| Financial debts | 170/4 | €41,545 | €31,510 | -€10,035 | -24.2% |
| Amounts payable within one year | 42/48 | €59,208 | €43,017 | -€16,191 | -27.3% |
| Current portion of amounts payable after more than one year | 42 | €19,295 | €10,049 | -€9,246 | -47.9% |
| Financial debts | 43 | €10 | €0 | -€10 | -100.0% |
| Credit institutions | 430/8 | €10 | €0 | -€10 | -100.0% |
| Trade debts | 44 | €2,391 | €2,835 | +€444 | +18.6% |
| Suppliers | 440/4 | €2,391 | €2,835 | +€444 | +18.6% |
| Taxes, remuneration and social security | 45 | €13,268 | €8,049 | -€5,219 | -39.3% |
| Taxes | 450/3 | €11,268 | €6,049 | -€5,219 | -46.3% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €24,244 | €22,084 | -€2,159 | -8.9% |
| Accrued charges and deferred income | 492/3 | €45 | €60 | +€15 | +33.1% |
| Non-recurring operating income | 76A | €9,000 | €0 | -€9,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,249 | €25,981 | +€13,731 | +112.1% |
| Other operating charges | 640/8 | €1,457 | €1,063 | -€394 | -27.0% |
| Gross operating margin | 9900 | €34,931 | €16,322 | -€18,609 | -53.3% |
| Operating profit (loss) | 9901 | €21,225 | -€10,721 | -€31,947 | |
| Financial income | 75/76B | €0 | €5 | +€5 | |
| Recurring financial income | 75 | €0 | €5 | +€5 | |
| Financial charges | 65/66B | €1,541 | €2,565 | +€1,024 | +66.4% |
| Recurring financial charges | 65 | €1,541 | €2,565 | +€1,024 | +66.4% |
| Profit (loss) for the period before taxes | 9903 | €19,684 | -€13,281 | -€32,965 | |
| Income taxes | 67/77 | €7,765 | €181 | -€7,584 | -97.7% |
| Profit (loss) for the period | 9904 | €11,919 | -€13,462 | -€25,381 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,919 | -€13,462 | -€25,381 |
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.