AMCO: 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.
AMCO
Largest movements
- Cash -€35,084
down €35,084 (-15.8%), from €222,476 to €187,392
mainly Other debts (-€51,483) and Contributions, distributions and other (-€20,000)
- Other debts -€51,483
down €51,483 (-48.4%), from €106,404 to €54,921
- Profit (loss) carried forward +€16,904
up €16,904 (+10.8%), from €156,678 to €173,582
- Turnover +€7,364
up €7,364 (+13.9%), from €52,902 to €60,266
- Depreciation -€5,837
down €5,837 (-66.6%), from €8,767 to €2,930
- Gross operating margin +€5,550
up €5,550 (+11.3%), from €49,120 to €54,670
- Financial income +€5,188
new in 2025: €5,188
- Other operating charges +€4,016
up €4,016 (+90.2%), from €4,450 to €8,466
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 | €300,234 | €263,494 | -€36,740 | -12.2% |
| Fixed assets | 21/28 | €76,381 | €73,451 | -€2,930 | -3.8% |
| Tangible fixed assets | 22/27 | €75,907 | €72,977 | -€2,930 | -3.9% |
| Land and buildings | 22 | €75,035 | €72,224 | -€2,811 | -3.7% |
| Plant, machinery and equipment | 23 | €872 | €753 | -€119 | -13.6% |
| Financial fixed assets | 28 | €474 | €474 | = | 0.0% |
| Current assets | 29/58 | €223,853 | €190,043 | -€33,810 | -15.1% |
| Amounts receivable within one year | 40/41 | €1,377 | €2,651 | +€1,274 | +92.5% |
| Trade receivables | 40 | - | €472 | +€472 | |
| Other amounts receivable | 41 | €1,377 | €2,179 | +€802 | +58.2% |
| Cash at bank and in hand | 54/58 | €222,476 | €187,392 | -€35,084 | -15.8% |
| Total equity and liabilities | 10/49 | €300,234 | €263,494 | -€36,740 | -12.2% |
| Equity | 10/15 | €181,678 | €198,582 | +€16,904 | +9.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | €25,000 | = | 0.0% |
| Issued capital | 100 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €156,678 | €173,582 | +€16,904 | +10.8% |
| Amounts payable | 17/49 | €118,556 | €64,912 | -€53,644 | -45.2% |
| Amounts payable within one year | 42/48 | €118,556 | €64,912 | -€53,644 | -45.2% |
| Trade debts | 44 | €12,152 | €9,991 | -€2,161 | -17.8% |
| Suppliers | 440/4 | €12,152 | €9,991 | -€2,161 | -17.8% |
| Other amounts payable | 47/48 | €106,404 | €54,921 | -€51,483 | -48.4% |
| Turnover | 70 | €52,902 | €60,266 | +€7,364 | +13.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,782 | €5,596 | +€1,814 | +48.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,767 | €2,930 | -€5,837 | -66.6% |
| Other operating charges | 640/8 | €4,450 | €8,466 | +€4,016 | +90.2% |
| Gross operating margin | 9900 | €49,120 | €54,670 | +€5,550 | +11.3% |
| Operating profit (loss) | 9901 | €35,903 | €43,274 | +€7,371 | +20.5% |
| Financial income | 75/76B | - | €5,188 | +€5,188 | |
| Recurring financial income | 75 | - | €5,188 | +€5,188 | |
| Financial charges | 65/66B | €242 | €2 | -€240 | -99.2% |
| Recurring financial charges | 65 | €242 | €2 | -€240 | -99.2% |
| Profit (loss) for the period before taxes | 9903 | €35,661 | €48,460 | +€12,799 | +35.9% |
| Income taxes | 67/77 | €15,032 | €11,556 | -€3,476 | -23.1% |
| Profit (loss) for the period | 9904 | €20,629 | €36,904 | +€16,275 | +78.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,629 | €36,904 | +€16,275 | +78.9% |
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 11 October 2026 via checked.be.