AMCS: 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.
AMCS
Largest movements
- Cash +€135,276
up €135,276 (+268.8%), from €50,327 to €185,603
mainly Net result for the year (+€100,748) and Investment in fixed assets (net) (+€86,489)
- Tangible fixed assets -€89,395
down €89,395 (-93.7%), from €95,382 to €5,987
of which Land and buildings: -€89,281
- Receivables after one year +€5,400
up €5,400 (+6.2%), from €86,401 to €91,801
- Reserves +€100,748
up €100,748 (+57.8%), from €174,425 to €275,173
- Other debts -€70,012
down €70,012 (-97.9%), from €71,481 to €1,470
- Tax, wage and social debts +€16,655
up €16,655 (+319.9%), from €5,206 to €21,861
of which Taxes: +€19,005
- Gross operating margin +€110,929
up €110,929 (+370.3%), from €29,956 to €140,886
- Taxes +€31,697
up €31,697 (+320.4%), from €9,893 to €41,590
- Write-downs +€29,403
up €29,403, from -€29,403 to €0
- Other operating charges -€24,847
down €24,847 (-96.7%), from €25,683 to €836
- Depreciation -€3,602
down €3,602 (-55.3%), from €6,508 to €2,907
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 | €266,788 | €313,068 | +€46,280 | +17.3% |
| Fixed assets | 21/28 | €95,382 | €5,987 | -€89,395 | -93.7% |
| Tangible fixed assets | 22/27 | €95,382 | €5,987 | -€89,395 | -93.7% |
| Land and buildings | 22 | €89,281 | €0 | -€89,281 | -100.0% |
| Plant, machinery and equipment | 23 | €1,842 | €1,127 | -€715 | -38.8% |
| Furniture and vehicles | 24 | €3,715 | €4,767 | +€1,052 | +28.3% |
| Other tangible fixed assets | 26 | €544 | €93 | -€451 | -82.9% |
| Current assets | 29/58 | €171,406 | €307,081 | +€135,675 | +79.2% |
| Amounts receivable after more than one year | 29 | €86,401 | €91,801 | +€5,400 | +6.2% |
| Other amounts receivable | 291 | €86,401 | €91,801 | +€5,400 | +6.2% |
| Amounts receivable within one year | 40/41 | €32,598 | €29,678 | -€2,921 | -9.0% |
| Trade receivables | 40 | €22,471 | €29,040 | +€6,569 | +29.2% |
| Other amounts receivable | 41 | €10,128 | €638 | -€9,490 | -93.7% |
| Cash at bank and in hand | 54/58 | €50,327 | €185,603 | +€135,276 | +268.8% |
| Deferred charges and accrued income | 490/1 | €2,081 | €0 | -€2,081 | -100.0% |
| Total equity and liabilities | 10/49 | €266,788 | €313,068 | +€46,280 | +17.3% |
| Equity | 10/15 | €186,825 | €287,573 | +€100,748 | +53.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €174,425 | €275,173 | +€100,748 | +57.8% |
| Distributable reserves | 133 | €174,425 | €275,173 | +€100,748 | +57.8% |
| Amounts payable | 17/49 | €79,964 | €25,495 | -€54,469 | -68.1% |
| Amounts payable within one year | 42/48 | €79,964 | €25,495 | -€54,469 | -68.1% |
| Trade debts | 44 | €3,276 | €2,164 | -€1,112 | -33.9% |
| Suppliers | 440/4 | €3,276 | €2,164 | -€1,112 | -33.9% |
| Taxes, remuneration and social security | 45 | €5,206 | €21,861 | +€16,655 | +319.9% |
| Taxes | 450/3 | €2,856 | €21,861 | +€19,005 | +665.4% |
| Remuneration and social security | 454/9 | €2,350 | €0 | -€2,350 | -100.0% |
| Other amounts payable | 47/48 | €71,481 | €1,470 | -€70,012 | -97.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,508 | €2,907 | -€3,602 | -55.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€29,403 | €0 | +€29,403 | |
| Other operating charges | 640/8 | €25,683 | €836 | -€24,847 | -96.7% |
| Gross operating margin | 9900 | €29,956 | €140,886 | +€110,929 | +370.3% |
| Operating profit (loss) | 9901 | €27,168 | €137,142 | +€109,975 | +404.8% |
| Financial income | 75/76B | €5,394 | €5,400 | +€6 | +0.1% |
| Recurring financial income | 75 | €5,394 | €5,400 | +€6 | +0.1% |
| Financial charges | 65/66B | €0 | €204 | +€204 | +2039700.0% |
| Recurring financial charges | 65 | €0 | €204 | +€204 | +2039700.0% |
| Profit (loss) for the period before taxes | 9903 | €32,561 | €142,338 | +€109,777 | +337.1% |
| Income taxes | 67/77 | €9,893 | €41,590 | +€31,697 | +320.4% |
| Profit (loss) for the period | 9904 | €22,669 | €100,748 | +€78,079 | +344.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,669 | €100,748 | +€78,079 | +344.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.