AMC VIRTUS: what changed
Two fiscal 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 VIRTUS
Largest movements
- Current investments +€56,796
up €56,796 (+73.8%), from €76,983 to €133,779
- Cash -€41,424
down €41,424 (-34.9%), from €118,697 to €77,273
mainly Current investments (-€56,796) and Receivables within one year (-€39,469)
- Receivables within one year +€39,469
new in 2025: €39,469
of which Trade receivables: +€28,325
- Tangible fixed assets -€18,410
down €18,410 (-14.3%), from €128,296 to €109,886
of which Furniture and vehicles: -€20,209
- Reserves +€37,014
up €37,014 (+22.7%), from €162,822 to €199,835
of which Distributable reserves: +€37,014
- Depreciation +€12,214
up €12,214 (+98.5%), from €12,402 to €24,616
- Gross operating margin -€5,172
down €5,172 (-6.9%), from €75,136 to €69,964
- Taxes -€2,274
down €2,274 (-12.4%), from €18,310 to €16,036
- Financial income -€823
down €823 (-8.7%), from €9,408 to €8,585
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 | €325,120 | €361,857 | +€36,736 | +11.3% |
| Fixed assets | 21/28 | €128,296 | €109,886 | -€18,410 | -14.3% |
| Tangible fixed assets | 22/27 | €128,296 | €109,886 | -€18,410 | -14.3% |
| Land and buildings | 22 | €7,217 | €6,714 | -€504 | -7.0% |
| Plant, machinery and equipment | 23 | €10,553 | €12,856 | +€2,303 | +21.8% |
| Furniture and vehicles | 24 | €106,866 | €86,657 | -€20,209 | -18.9% |
| Other tangible fixed assets | 26 | €3,660 | €3,660 | = | 0.0% |
| Current assets | 29/58 | €196,824 | €251,970 | +€55,146 | +28.0% |
| Amounts receivable within one year | 40/41 | - | €39,469 | +€39,469 | |
| Trade receivables | 40 | - | €28,325 | +€28,325 | |
| Other amounts receivable | 41 | - | €11,144 | +€11,144 | |
| Current investments | 50/53 | €76,983 | €133,779 | +€56,796 | +73.8% |
| Cash at bank and in hand | 54/58 | €118,697 | €77,273 | -€41,424 | -34.9% |
| Deferred charges and accrued income | 490/1 | €1,144 | €1,449 | +€305 | +26.7% |
| Total equity and liabilities | 10/49 | €325,120 | €361,857 | +€36,736 | +11.3% |
| Equity | 10/15 | €272,456 | €309,470 | +€37,014 | +13.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €162,822 | €199,835 | +€37,014 | +22.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €160,962 | €197,975 | +€37,014 | +23.0% |
| Profit (loss) carried forward | 14 | €103,435 | €103,435 | = | 0.0% |
| Amounts payable | 17/49 | €52,664 | €52,387 | -€278 | -0.5% |
| Amounts payable within one year | 42/48 | €52,664 | €52,387 | -€278 | -0.5% |
| Trade debts | 44 | €5,071 | €6,069 | +€998 | +19.7% |
| Suppliers | 440/4 | €5,071 | €6,069 | +€998 | +19.7% |
| Taxes, remuneration and social security | 45 | €47,027 | €46,318 | -€709 | -1.5% |
| Taxes | 450/3 | €43,177 | €46,318 | +€3,141 | +7.3% |
| Remuneration and social security | 454/9 | €3,850 | - | -€3,850 | |
| Other amounts payable | 47/48 | €566 | - | -€566 | |
| Non-recurring operating income | 76A | €29,278 | - | -€29,278 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,402 | €24,616 | +€12,214 | +98.5% |
| Other operating charges | 640/8 | €1,222 | €746 | -€476 | -38.9% |
| Gross operating margin | 9900 | €75,136 | €69,964 | -€5,172 | -6.9% |
| Operating profit (loss) | 9901 | €61,513 | €44,602 | -€16,910 | -27.5% |
| Financial income | 75/76B | €9,408 | €8,585 | -€823 | -8.7% |
| Recurring financial income | 75 | €9,408 | €8,585 | -€823 | -8.7% |
| Financial charges | 65/66B | €184 | €138 | -€47 | -25.3% |
| Recurring financial charges | 65 | €184 | €138 | -€47 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €70,737 | €53,050 | -€17,687 | -25.0% |
| Income taxes | 67/77 | €18,310 | €16,036 | -€2,274 | -12.4% |
| Profit (loss) for the period | 9904 | €52,427 | €37,014 | -€15,413 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,427 | €37,014 | -€15,413 | -29.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.