AMD: 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.
AMD
Largest movements
- Cash -€4,704
down €4,704 (-47.6%), from €9,887 to €5,182
mainly Net result for the year (-€18,135) and Receivables within one year (-€1,904)
- Tangible fixed assets -€4,225
down €4,225 (-64.8%), from €6,522 to €2,297
of which Furniture and vehicles: -€3,198
- Receivables within one year +€1,904
up €1,904 (+4.9%), from €38,977 to €40,881
of which Trade receivables: +€2,533
- Profit (loss) carried forward -€18,135
down €18,135 (-65.9%), from -€27,500 to -€45,636
- Trade debts +€10,369
up €10,369 (+801.4%), from €1,294 to €11,663
- Tax, wage and social debts +€600
up €600 (+100.0%), from €600 to €1,200
of which Remuneration and social security: +€1,200
- Gross operating margin +€7,276
up €7,276 (+33.9%), from -€21,440 to -€14,164
- Depreciation -€1,524
down €1,524 (-38.7%), from €3,940 to €2,415
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 | €57,813 | €50,648 | -€7,165 | -12.4% |
| Fixed assets | 21/28 | €8,587 | €4,362 | -€4,225 | -49.2% |
| Tangible fixed assets | 22/27 | €6,522 | €2,297 | -€4,225 | -64.8% |
| Plant, machinery and equipment | 23 | €3,102 | €2,075 | -€1,026 | -33.1% |
| Furniture and vehicles | 24 | €3,420 | €222 | -€3,198 | -93.5% |
| Financial fixed assets | 28 | €2,065 | €2,065 | = | 0.0% |
| Current assets | 29/58 | €49,227 | €46,286 | -€2,940 | -6.0% |
| Amounts receivable within one year | 40/41 | €38,977 | €40,881 | +€1,904 | +4.9% |
| Trade receivables | 40 | €36,257 | €38,790 | +€2,533 | +7.0% |
| Other amounts receivable | 41 | €2,720 | €2,091 | -€629 | -23.1% |
| Cash at bank and in hand | 54/58 | €9,887 | €5,182 | -€4,704 | -47.6% |
| Deferred charges and accrued income | 490/1 | €363 | €223 | -€140 | -38.6% |
| Total equity and liabilities | 10/49 | €57,813 | €50,648 | -€7,165 | -12.4% |
| Equity | 10/15 | €36,538 | €18,403 | -€18,135 | -49.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €63,038 | €63,038 | = | 0.0% |
| Distributable reserves | 133 | €63,038 | €63,038 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,500 | -€45,636 | -€18,135 | -65.9% |
| Amounts payable | 17/49 | €21,275 | €32,245 | +€10,970 | +51.6% |
| Amounts payable within one year | 42/48 | €21,275 | €32,245 | +€10,970 | +51.6% |
| Trade debts | 44 | €1,294 | €11,663 | +€10,369 | +801.4% |
| Suppliers | 440/4 | €1,294 | €11,663 | +€10,369 | +801.4% |
| Taxes, remuneration and social security | 45 | €600 | €1,200 | +€600 | +100.0% |
| Taxes | 450/3 | €600 | €0 | -€600 | -100.0% |
| Remuneration and social security | 454/9 | - | €1,200 | +€1,200 | |
| Other amounts payable | 47/48 | €19,381 | €19,383 | +€1 | 0.0% |
| Non-recurring operating income | 76A | - | €661 | +€661 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,940 | €2,415 | -€1,524 | -38.7% |
| Other operating charges | 640/8 | €1,208 | €1,374 | +€166 | +13.7% |
| Gross operating margin | 9900 | -€21,440 | -€14,164 | +€7,276 | +33.9% |
| Operating profit (loss) | 9901 | -€26,588 | -€17,954 | +€8,634 | +32.5% |
| Financial income | 75/76B | €90 | €58 | -€33 | -36.1% |
| Recurring financial income | 75 | €90 | €58 | -€33 | -36.1% |
| Financial charges | 65/66B | €155 | €239 | +€84 | +54.4% |
| Recurring financial charges | 65 | €155 | €239 | +€84 | +54.4% |
| Profit (loss) for the period before taxes | 9903 | -€26,653 | -€18,135 | +€8,518 | +32.0% |
| Profit (loss) for the period | 9904 | -€26,653 | -€18,135 | +€8,518 | +32.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,653 | -€18,135 | +€8,518 | +32.0% |
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 12 October 2026 via checked.be.