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
- Receivables within one year -€12,951
down €12,951 (-1.5%), from €882,937 to €869,986
of which Trade receivables: -€23,474
- Profit (loss) carried forward -€21,057
down €21,057 (-30.2%), from €69,822 to €48,764
- Gross operating margin -€44,527
down €44,527, from €12,154 to -€32,374
- Financial income -€28,273
down €28,273 (-67.0%), from €42,184 to €13,911
- Other operating charges -€1,191
down €1,191 (-49.6%), from €2,399 to €1,208
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 | €1,124,746 | €1,104,115 | -€20,631 | -1.8% |
| Current assets | 29/58 | €1,124,746 | €1,104,115 | -€20,631 | -1.8% |
| Amounts receivable within one year | 40/41 | €882,937 | €869,986 | -€12,951 | -1.5% |
| Trade receivables | 40 | €23,474 | €0 | -€23,474 | -100% |
| Other amounts receivable | 41 | €859,462 | €869,986 | +€10,523 | +1.2% |
| Current investments | 50/53 | €230,000 | €230,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,809 | €4,129 | -€7,680 | -65.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,124,746 | €1,104,115 | -€20,631 | -1.8% |
| Equity | 10/15 | €1,096,478 | €1,075,420 | -€21,057 | -1.9% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €995,656 | €995,656 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,028 | €3,028 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,028 | €3,028 | = | 0.0% |
| Distributable reserves | 133 | €992,628 | €992,628 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,822 | €48,764 | -€21,057 | -30.2% |
| Amounts payable | 17/49 | €28,268 | €28,695 | +€426 | +1.5% |
| Amounts payable within one year | 42/48 | €28,268 | €28,695 | +€426 | +1.5% |
| Trade debts | 44 | €2,938 | €2,757 | -€181 | -6.2% |
| Suppliers | 440/4 | €2,938 | €2,757 | -€181 | -6.2% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €25,331 | €25,938 | +€607 | +2.4% |
| Non-recurring operating income | 76A | €13,778 | €2,052 | -€11,727 | -85.1% |
| Remuneration, social security and pensions | 62 | -€76 | €0 | +€76 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €2,399 | €1,208 | -€1,191 | -49.6% |
| Gross operating margin | 9900 | €12,154 | -€32,374 | -€44,527 | |
| Operating profit (loss) | 9901 | €9,831 | -€33,582 | -€43,413 | |
| Financial income | 75/76B | €42,184 | €13,911 | -€28,273 | -67.0% |
| Recurring financial income | 75 | €42,184 | €13,911 | -€28,273 | -67.0% |
| Financial charges | 65/66B | €1,452 | €1,387 | -€66 | -4.5% |
| Recurring financial charges | 65 | €1,452 | €1,387 | -€66 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €50,563 | -€21,057 | -€71,620 | |
| Profit (loss) for the period | 9904 | €50,563 | -€21,057 | -€71,620 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,563 | -€21,057 | -€71,620 |
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 13 October 2026 via checked.be.