AMD.A: what changed
Two fiscal 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.A
Largest movements
- Tangible fixed assets -€2,595
down €2,595 (-37.6%), from €6,910 to €4,315
of which Plant, machinery and equipment: -€1,814
- Cash -€1,992
down €1,992 (-30.8%), from €6,468 to €4,476
mainly Net result for the year (-€4,453)
- Formation expenses +€610
new in 2025: €610
- Receivables within one year -€476
down €476 (-3.4%), from €13,803 to €13,327
of which Other amounts receivable: -€1,539
- Profit (loss) carried forward -€4,453
down €4,453 (-17.2%), from €25,817 to €21,364
- Turnover -€49,021
down €49,021 (-76.8%), from €63,802 to €14,781
- Purchases and services -€38,684
down €38,684 (-69.5%), from €55,643 to €16,959
- Gross operating margin -€9,824
down €9,824, from €8,159 to -€1,665
- Taxes -€5,530
no longer reported in 2025 (was €5,530)
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 | €27,181 | €22,728 | -€4,453 | -16.4% |
| Formation expenses | 20 | - | €610 | +€610 | |
| Fixed assets | 21/28 | €6,910 | €4,315 | -€2,595 | -37.6% |
| Tangible fixed assets | 22/27 | €6,910 | €4,315 | -€2,595 | -37.6% |
| Plant, machinery and equipment | 23 | €3,906 | €2,092 | -€1,814 | -46.4% |
| Furniture and vehicles | 24 | €1,756 | €1,287 | -€469 | -26.7% |
| Other tangible fixed assets | 26 | €1,248 | €936 | -€312 | -25.0% |
| Current assets | 29/58 | €20,271 | €17,803 | -€2,468 | -12.2% |
| Amounts receivable within one year | 40/41 | €13,803 | €13,327 | -€476 | -3.4% |
| Trade receivables | 40 | €2,310 | €3,373 | +€1,063 | +46.0% |
| Other amounts receivable | 41 | €11,493 | €9,954 | -€1,539 | -13.4% |
| Cash at bank and in hand | 54/58 | €6,468 | €4,476 | -€1,992 | -30.8% |
| Total equity and liabilities | 10/49 | €27,181 | €22,728 | -€4,453 | -16.4% |
| Equity | 10/15 | €26,817 | €22,364 | -€4,453 | -16.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,817 | €21,364 | -€4,453 | -17.2% |
| Amounts payable | 17/49 | €364 | €364 | = | 0.0% |
| Amounts payable within one year | 42/48 | €364 | €364 | = | 0.0% |
| Trade debts | 44 | €364 | €364 | = | 0.0% |
| Suppliers | 440/4 | €364 | €364 | = | 0.0% |
| Turnover | 70 | €63,802 | €14,781 | -€49,021 | -76.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €55,643 | €16,959 | -€38,684 | -69.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,985 | €1,985 | = | 0.0% |
| Other operating charges | 640/8 | €477 | €415 | -€62 | -13.0% |
| Gross operating margin | 9900 | €8,159 | -€1,665 | -€9,824 | |
| Operating profit (loss) | 9901 | €5,697 | -€4,065 | -€9,762 | |
| Financial charges | 65/66B | €380 | €388 | +€8 | +2.1% |
| Recurring financial charges | 65 | €380 | €388 | +€8 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €5,317 | -€4,453 | -€9,770 | |
| Income taxes | 67/77 | €5,530 | - | -€5,530 | |
| Profit (loss) for the period | 9904 | -€213 | -€4,453 | -€4,240 | -1990.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€213 | -€4,453 | -€4,240 | -1990.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.