AMCovering: 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.
AMCovering
Largest movements
- Cash -€115,698
down €115,698 (-11.1%), from €1.0m to €924,149
mainly Net result for the year (-€185,206) and Investment in fixed assets (net) (-€32,850)
- Tangible fixed assets -€59,524
down €59,524 (-4.5%), from €1.3m to €1.3m
of which Land and buildings: -€40,289
- Profit (loss) carried forward -€185,206
down €185,206 (-20.3%), from -€912,957 to -€1.1m
- Gross operating margin +€86,996
up €86,996 (+50.1%), from -€173,604 to -€86,608
- Other operating charges +€2,834
up €2,834 (+102.8%), from €2,757 to €5,591
- Depreciation +€2,110
up €2,110 (+2.3%), from €90,265 to €92,374
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 | €2,520,149 | €2,342,764 | -€177,385 | -7.0% |
| Fixed assets | 21/28 | €1,318,889 | €1,259,365 | -€59,524 | -4.5% |
| Tangible fixed assets | 22/27 | €1,318,889 | €1,259,365 | -€59,524 | -4.5% |
| Land and buildings | 22 | €1,092,936 | €1,052,647 | -€40,289 | -3.7% |
| Plant, machinery and equipment | 23 | €34,725 | €32,405 | -€2,319 | -6.7% |
| Furniture and vehicles | 24 | €191,228 | €174,313 | -€16,915 | -8.8% |
| Current assets | 29/58 | €1,201,260 | €1,083,399 | -€117,861 | -9.8% |
| Stocks and contracts in progress | 3 | €128,855 | €128,072 | -€783 | -0.6% |
| Stocks | 30/36 | €128,855 | €128,072 | -€783 | -0.6% |
| Amounts receivable within one year | 40/41 | €6,695 | €4,197 | -€2,498 | -37.3% |
| Trade receivables | 40 | €6,414 | €1,573 | -€4,841 | -75.5% |
| Other amounts receivable | 41 | €281 | €2,624 | +€2,343 | +835.0% |
| Cash at bank and in hand | 54/58 | €1,039,847 | €924,149 | -€115,698 | -11.1% |
| Deferred charges and accrued income | 490/1 | €25,863 | €26,981 | +€1,118 | +4.3% |
| Total equity and liabilities | 10/49 | €2,520,149 | €2,342,764 | -€177,385 | -7.0% |
| Equity | 10/15 | €487,043 | €301,837 | -€185,206 | -38.0% |
| Contributions | 10/11 | €1,400,000 | €1,400,000 | = | 0.0% |
| Capital | 10 | €1,400,000 | €1,400,000 | = | 0.0% |
| Issued capital | 100 | €1,400,000 | €1,400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€912,957 | -€1,098,163 | -€185,206 | -20.3% |
| Amounts payable | 17/49 | €2,033,106 | €2,040,927 | +€7,821 | +0.4% |
| Amounts payable within one year | 42/48 | €2,031,806 | €2,039,627 | +€7,821 | +0.4% |
| Trade debts | 44 | €697 | €5,585 | +€4,888 | +701.2% |
| Suppliers | 440/4 | €697 | €5,585 | +€4,888 | +701.2% |
| Advances received on contracts in progress | 46 | €1,512 | €1,512 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €95 | - | -€95 | |
| Taxes | 450/3 | €95 | - | -€95 | |
| Other amounts payable | 47/48 | €2,029,502 | €2,032,530 | +€3,027 | +0.1% |
| Accrued charges and deferred income | 492/3 | €1,300 | €1,300 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,265 | €92,374 | +€2,110 | +2.3% |
| Other operating charges | 640/8 | €2,757 | €5,591 | +€2,834 | +102.8% |
| Gross operating margin | 9900 | -€173,604 | -€86,608 | +€86,996 | +50.1% |
| Operating profit (loss) | 9901 | -€266,626 | -€184,574 | +€82,052 | +30.8% |
| Financial income | 75/76B | €0 | €1 | +€0 | +4900.0% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +4900.0% |
| Financial charges | 65/66B | €286 | €633 | +€347 | +121.0% |
| Recurring financial charges | 65 | €286 | €633 | +€347 | +121.0% |
| Profit (loss) for the period before taxes | 9903 | -€266,912 | -€185,206 | +€81,706 | +30.6% |
| Profit (loss) for the period | 9904 | -€266,912 | -€185,206 | +€81,706 | +30.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€266,912 | -€185,206 | +€81,706 | +30.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.