AMC TRUST: 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 TRUST
Largest movements
- Receivables within one year -€18,080
down €18,080 (-14.8%), from €122,562 to €104,482
of which Trade receivables: -€27,871
- Profit (loss) carried forward -€35,207
down €35,207, from €14,887 to -€20,320
- Other debts +€17,691
up €17,691 (+18.1%), from €97,903 to €115,594
- Gross operating margin -€50,154
down €50,154, from €21,802 to -€28,352
- Taxes -€3,623
down €3,623 (-97.3%), from €3,722 to €99
- Other operating charges +€3,232
new in 2025: €3,232
- Depreciation +€2,983
up €2,983 (+396%), from €753 to €3,736
- Financial charges -€2,402
down €2,402 (-98.5%), from €2,439 to €37
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 | €1,419,261 | €1,404,088 | -€15,174 | -1.1% |
| Formation expenses | 20 | €3,736 | €0 | -€3,736 | -100% |
| Fixed assets | 21/28 | €1,292,004 | €1,292,004 | = | 0.0% |
| Financial fixed assets | 28 | €1,292,004 | €1,292,004 | = | 0.0% |
| Current assets | 29/58 | €123,521 | €112,084 | -€11,438 | -9.3% |
| Amounts receivable within one year | 40/41 | €122,562 | €104,482 | -€18,080 | -14.8% |
| Trade receivables | 40 | €37,027 | €9,157 | -€27,871 | -75.3% |
| Other amounts receivable | 41 | €85,535 | €95,325 | +€9,791 | +11.4% |
| Cash at bank and in hand | 54/58 | €291 | €2,565 | +€2,274 | +781% |
| Deferred charges and accrued income | 490/1 | €668 | €5,037 | +€4,369 | +654% |
| Total equity and liabilities | 10/49 | €1,419,261 | €1,404,088 | -€15,174 | -1.1% |
| Equity | 10/15 | €1,310,887 | €1,275,680 | -€35,207 | -2.7% |
| Contributions | 10/11 | €1,296,000 | €1,296,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,887 | -€20,320 | -€35,207 | |
| Amounts payable | 17/49 | €108,374 | €128,408 | +€20,034 | +18.5% |
| Amounts payable within one year | 42/48 | €105,938 | €128,408 | +€22,470 | +21.2% |
| Trade debts | 44 | €4,822 | €8,760 | +€3,938 | +81.7% |
| Suppliers | 440/4 | €4,822 | €8,760 | +€3,938 | +81.7% |
| Taxes, remuneration and social security | 45 | €3,212 | €4,054 | +€842 | +26.2% |
| Taxes | 450/3 | €3,212 | €4,054 | +€842 | +26.2% |
| Other amounts payable | 47/48 | €97,903 | €115,594 | +€17,691 | +18.1% |
| Accrued charges and deferred income | 492/3 | €2,436 | €0 | -€2,436 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €753 | €3,736 | +€2,983 | +396% |
| Other operating charges | 640/8 | - | €3,232 | +€3,232 | |
| Gross operating margin | 9900 | €21,802 | -€28,352 | -€50,154 | |
| Operating profit (loss) | 9901 | €21,049 | -€35,321 | -€56,369 | |
| Financial income | 75/76B | - | €250 | +€250 | |
| Recurring financial income | 75 | - | €250 | +€250 | |
| Financial charges | 65/66B | €2,439 | €37 | -€2,402 | -98.5% |
| Recurring financial charges | 65 | €2,439 | €37 | -€2,402 | -98.5% |
| Profit (loss) for the period before taxes | 9903 | €18,609 | -€35,108 | -€53,718 | |
| Income taxes | 67/77 | €3,722 | €99 | -€3,623 | -97.3% |
| Profit (loss) for the period | 9904 | €14,887 | -€35,207 | -€50,095 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,887 | -€35,207 | -€50,095 |
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 25 October 2026 via checked.be.