AMCAM: 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.
AMCAM
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts -€90,339
down €90,339 (-19.9%), from €453,447 to €363,107
- Reserves +€69,088
up €69,088 (+29.6%), from €233,242 to €302,330
of which Distributable reserves: +€69,088
- Debts after one year -€42,857
down €42,857 (-35.3%), from €121,429 to €78,571
- Trade debts +€39,286
up €39,286 (+48.9%), from €80,282 to €119,567
- Tax, wage and social debts +€11,611
up €11,611 (+27.8%), from €41,696 to €53,306
- Gross operating margin +€30,241
up €30,241 (+34.3%), from €88,167 to €118,408
- Taxes +€9,716
up €9,716 (+32.1%), from €30,230 to €39,946
- Other operating charges -€3,022
down €3,022 (-76.7%), from €3,939 to €917
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 | €979,151 | €965,940 | -€13,212 | -1.3% |
| Fixed assets | 21/28 | €903,702 | €902,984 | -€718 | -0.1% |
| Tangible fixed assets | 22/27 | €3,702 | €2,984 | -€718 | -19.4% |
| Furniture and vehicles | 24 | €2,181 | €1,767 | -€414 | -19.0% |
| Other tangible fixed assets | 26 | €1,521 | €1,217 | -€305 | -20.0% |
| Financial fixed assets | 28 | €900,000 | €900,000 | = | 0.0% |
| Current assets | 29/58 | €75,449 | €62,956 | -€12,493 | -16.6% |
| Amounts receivable within one year | 40/41 | €57,916 | €53,454 | -€4,462 | -7.7% |
| Trade receivables | 40 | €57,266 | €38,489 | -€18,777 | -32.8% |
| Other amounts receivable | 41 | €650 | €14,965 | +€14,314 | +2201.7% |
| Cash at bank and in hand | 54/58 | €16,621 | €8,794 | -€7,828 | -47.1% |
| Deferred charges and accrued income | 490/1 | €912 | €708 | -€203 | -22.3% |
| Total equity and liabilities | 10/49 | €979,151 | €965,940 | -€13,212 | -1.3% |
| Equity | 10/15 | €239,442 | €308,530 | +€69,088 | +28.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €233,242 | €302,330 | +€69,088 | +29.6% |
| 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 | €231,382 | €300,470 | +€69,088 | +29.9% |
| Amounts payable | 17/49 | €739,710 | €657,410 | -€82,300 | -11.1% |
| Amounts payable after more than one year | 17 | €121,429 | €78,571 | -€42,857 | -35.3% |
| Financial debts | 170/4 | €121,429 | €78,571 | -€42,857 | -35.3% |
| Amounts payable within one year | 42/48 | €618,281 | €578,838 | -€39,443 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €42,857 | €42,857 | = | 0.0% |
| Trade debts | 44 | €80,282 | €119,567 | +€39,286 | +48.9% |
| Suppliers | 440/4 | €80,282 | €119,567 | +€39,286 | +48.9% |
| Taxes, remuneration and social security | 45 | €41,696 | €53,306 | +€11,611 | +27.8% |
| Taxes | 450/3 | €41,696 | €53,306 | +€11,611 | +27.8% |
| Other amounts payable | 47/48 | €453,447 | €363,107 | -€90,339 | -19.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €7,500 | €0 | -€7,500 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,160 | €1,278 | +€118 | +10.2% |
| Other operating charges | 640/8 | €3,939 | €917 | -€3,022 | -76.7% |
| Gross operating margin | 9900 | €88,167 | €118,408 | +€30,241 | +34.3% |
| Operating profit (loss) | 9901 | €83,068 | €116,212 | +€33,145 | +39.9% |
| Financial income | 75/76B | €2 | €79 | +€77 | +3863.0% |
| Recurring financial income | 75 | €2 | €79 | +€77 | +3863.0% |
| Financial charges | 65/66B | €7,527 | €7,257 | -€269 | -3.6% |
| Recurring financial charges | 65 | €7,527 | €7,257 | -€269 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €75,543 | €109,034 | +€33,491 | +44.3% |
| Income taxes | 67/77 | €30,230 | €39,946 | +€9,716 | +32.1% |
| Profit (loss) for the period | 9904 | €45,313 | €69,088 | +€23,776 | +52.5% |
| Profit (loss) for the period to be appropriated | 9905 | €45,313 | €69,088 | +€23,776 | +52.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.