AMD EVENTS: 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 EVENTS
Largest movements
- Receivables within one year +€19,714
up €19,714 (+21.7%), from €90,659 to €110,373
of which Trade receivables: +€10,396
- Receivables after one year -€12,387
no longer reported in 2025 (was €12,387)
- Tangible fixed assets +€6,897
up €6,897 (+7.0%), from €98,102 to €105,000
of which Land and buildings: +€17,246
- Cash -€5,731
down €5,731 (-21.1%), from €27,118 to €21,387
mainly Investment in fixed assets (net) (-€20,871) and Receivables within one year (-€19,714)
- Stocks and contracts +€3,604
up €3,604 (+20.7%), from €17,416 to €21,020
- Trade debts +€19,696
up €19,696 (+57.6%), from €34,198 to €53,894
- Debts after one year -€18,249
down €18,249 (-23.7%), from €76,896 to €58,647
- Reserves +€10,961
up €10,961 (+8.9%), from €123,104 to €134,065
of which Distributable reserves: +€10,961
- Financial income -€37,962
down €37,962 (-99.3%), from €38,243 to €281
- Staff costs -€9,777
down €9,777 (-8.9%), from €109,836 to €100,059
- Gross operating margin +€7,853
up €7,853 (+5.4%), from €146,049 to €153,902
- Other operating charges -€1,877
down €1,877 (-41.1%), from €4,573 to €2,695
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 | €330,539 | €342,759 | +€12,220 | +3.7% |
| Fixed assets | 21/28 | €180,384 | €187,281 | +€6,897 | +3.8% |
| Tangible fixed assets | 22/27 | €98,102 | €105,000 | +€6,897 | +7.0% |
| Land and buildings | 22 | €63,906 | €81,152 | +€17,246 | +27.0% |
| Plant, machinery and equipment | 23 | €1,061 | €372 | -€689 | -64.9% |
| Furniture and vehicles | 24 | €33,135 | €23,475 | -€9,660 | -29.2% |
| Financial fixed assets | 28 | €82,282 | €82,282 | = | 0.0% |
| Current assets | 29/58 | €150,155 | €155,478 | +€5,323 | +3.5% |
| Amounts receivable after more than one year | 29 | €12,387 | - | -€12,387 | |
| Other amounts receivable | 291 | €12,387 | - | -€12,387 | |
| Stocks and contracts in progress | 3 | €17,416 | €21,020 | +€3,604 | +20.7% |
| Stocks | 30/36 | €17,416 | €21,020 | +€3,604 | +20.7% |
| Amounts receivable within one year | 40/41 | €90,659 | €110,373 | +€19,714 | +21.7% |
| Trade receivables | 40 | €18,108 | €28,503 | +€10,396 | +57.4% |
| Other amounts receivable | 41 | €72,552 | €81,870 | +€9,318 | +12.8% |
| Cash at bank and in hand | 54/58 | €27,118 | €21,387 | -€5,731 | -21.1% |
| Deferred charges and accrued income | 490/1 | €2,574 | €2,697 | +€123 | +4.8% |
| Total equity and liabilities | 10/49 | €330,539 | €342,759 | +€12,220 | +3.7% |
| Equity | 10/15 | €144,311 | €155,272 | +€10,961 | +7.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €123,104 | €134,065 | +€10,961 | +8.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €121,244 | €132,205 | +€10,961 | +9.0% |
| Profit (loss) carried forward | 14 | €15,008 | €15,008 | = | 0.0% |
| Amounts payable | 17/49 | €186,228 | €187,487 | +€1,259 | +0.7% |
| Amounts payable after more than one year | 17 | €76,896 | €58,647 | -€18,249 | -23.7% |
| Financial debts | 170/4 | €76,896 | €58,647 | -€18,249 | -23.7% |
| Amounts payable within one year | 42/48 | €109,332 | €128,840 | +€19,508 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | €17,703 | €18,252 | +€549 | +3.1% |
| Trade debts | 44 | €34,198 | €53,894 | +€19,696 | +57.6% |
| Suppliers | 440/4 | €34,198 | €53,894 | +€19,696 | +57.6% |
| Taxes, remuneration and social security | 45 | €48,211 | €48,722 | +€511 | +1.1% |
| Taxes | 450/3 | €30,877 | €36,076 | +€5,199 | +16.8% |
| Remuneration and social security | 454/9 | €17,334 | €12,646 | -€4,688 | -27.0% |
| Other amounts payable | 47/48 | €9,220 | €7,972 | -€1,248 | -13.5% |
| Remuneration, social security and pensions | 62 | €109,836 | €100,059 | -€9,777 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,891 | €13,974 | +€84 | +0.6% |
| Other operating charges | 640/8 | €4,573 | €2,695 | -€1,877 | -41.1% |
| Non-recurring operating charges | 66A | €105 | - | -€105 | |
| Gross operating margin | 9900 | €146,049 | €153,902 | +€7,853 | +5.4% |
| Operating profit (loss) | 9901 | €17,644 | €37,173 | +€19,529 | +110.7% |
| Financial income | 75/76B | €38,243 | €281 | -€37,962 | -99.3% |
| Recurring financial income | 75 | €38,243 | €281 | -€37,962 | -99.3% |
| Financial charges | 65/66B | €4,303 | €4,476 | +€173 | +4.0% |
| Recurring financial charges | 65 | €4,303 | €4,476 | +€173 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €51,585 | €32,979 | -€18,606 | -36.1% |
| Income taxes | 67/77 | €10,263 | €10,852 | +€589 | +5.7% |
| Profit (loss) for the period | 9904 | €41,321 | €22,126 | -€19,195 | -46.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,321 | €22,126 | -€19,195 | -46.5% |
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 8 October 2026 via checked.be.