AMdevices: 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.
AMdevices
Largest movements
- Cash +€34,926
up €34,926 (+28.6%), from €122,221 to €157,146
mainly Net result for the year (+€42,103) and Receivables within one year (+€27,739)
- Tangible fixed assets -€30,588
down €30,588 (-39.2%), from €77,990 to €47,402
of which Plant, machinery and equipment: -€22,603
- Receivables within one year -€27,739
down €27,739 (-57.9%), from €47,926 to €20,186
of which Trade receivables: -€29,465
- Stocks and contracts +€23,074
up €23,074 (+45.7%), from €50,495 to €73,569
- Reserves +€42,103
up €42,103 (+22.3%), from €189,192 to €231,295
- Tax, wage and social debts -€17,041
down €17,041 (-38.8%), from €43,969 to €26,928
of which Taxes: -€11,438
- Debts after one year -€10,000
down €10,000 (-40.0%), from €25,000 to €15,000
- Other debts -€9,857
down €9,857 (-70.9%), from €13,912 to €4,055
- Trade debts -€3,953
down €3,953 (-43.9%), from €9,009 to €5,056
- Gross operating margin +€27,406
up €27,406 (+39.4%), from €69,517 to €96,924
- Staff costs -€14,484
down €14,484 (-67.6%), from €21,416 to €6,932
- Taxes +€11,650
up €11,650 (+235.9%), from €4,938 to €16,588
- Other operating charges +€5,437
up €5,437 (+886.5%), from €613 to €6,051
- Depreciation -€4,877
down €4,877 (-16.4%), from €29,721 to €24,844
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 | €300,388 | €301,449 | +€1,060 | +0.4% |
| Fixed assets | 21/28 | €78,687 | €47,499 | -€31,188 | -39.6% |
| Intangible fixed assets | 21 | €697 | €97 | -€600 | -86.1% |
| Tangible fixed assets | 22/27 | €77,990 | €47,402 | -€30,588 | -39.2% |
| Plant, machinery and equipment | 23 | €52,237 | €29,633 | -€22,603 | -43.3% |
| Furniture and vehicles | 24 | €4,014 | €2,016 | -€1,999 | -49.8% |
| Other tangible fixed assets | 26 | €21,739 | €15,753 | -€5,985 | -27.5% |
| Current assets | 29/58 | €221,702 | €253,950 | +€32,248 | +14.5% |
| Stocks and contracts in progress | 3 | €50,495 | €73,569 | +€23,074 | +45.7% |
| Stocks | 30/36 | €50,495 | €73,569 | +€23,074 | +45.7% |
| Amounts receivable within one year | 40/41 | €47,926 | €20,186 | -€27,739 | -57.9% |
| Trade receivables | 40 | €36,319 | €6,854 | -€29,465 | -81.1% |
| Other amounts receivable | 41 | €11,606 | €13,332 | +€1,726 | +14.9% |
| Cash at bank and in hand | 54/58 | €122,221 | €157,146 | +€34,926 | +28.6% |
| Deferred charges and accrued income | 490/1 | €1,060 | €3,048 | +€1,988 | +187.4% |
| Total equity and liabilities | 10/49 | €300,388 | €301,449 | +€1,060 | +0.4% |
| Equity | 10/15 | €207,792 | €249,895 | +€42,103 | +20.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €189,192 | €231,295 | +€42,103 | +22.3% |
| Distributable reserves | 133 | €189,192 | €231,295 | +€42,103 | +22.3% |
| Amounts payable | 17/49 | €92,596 | €51,554 | -€41,042 | -44.3% |
| Amounts payable after more than one year | 17 | €25,000 | €15,000 | -€10,000 | -40.0% |
| Financial debts | 170/4 | €25,000 | €15,000 | -€10,000 | -40.0% |
| Amounts payable within one year | 42/48 | €66,890 | €36,256 | -€30,634 | -45.8% |
| Trade debts | 44 | €9,009 | €5,056 | -€3,953 | -43.9% |
| Suppliers | 440/4 | €9,009 | €5,056 | -€3,953 | -43.9% |
| Advances received on contracts in progress | 46 | - | €217 | +€217 | |
| Taxes, remuneration and social security | 45 | €43,969 | €26,928 | -€17,041 | -38.8% |
| Taxes | 450/3 | €37,829 | €26,390 | -€11,438 | -30.2% |
| Remuneration and social security | 454/9 | €6,140 | €538 | -€5,602 | -91.2% |
| Other amounts payable | 47/48 | €13,912 | €4,055 | -€9,857 | -70.9% |
| Accrued charges and deferred income | 492/3 | €706 | €298 | -€408 | -57.8% |
| Remuneration, social security and pensions | 62 | €21,416 | €6,932 | -€14,484 | -67.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,721 | €24,844 | -€4,877 | -16.4% |
| Other operating charges | 640/8 | €613 | €6,051 | +€5,437 | +886.5% |
| Gross operating margin | 9900 | €69,517 | €96,924 | +€27,406 | +39.4% |
| Operating profit (loss) | 9901 | €17,767 | €59,097 | +€41,330 | +232.6% |
| Financial income | 75/76B | €28 | €85 | +€58 | +209.3% |
| Recurring financial income | 75 | €28 | €85 | +€58 | +209.3% |
| Financial charges | 65/66B | €1,379 | €491 | -€888 | -64.4% |
| Recurring financial charges | 65 | €1,379 | €491 | -€888 | -64.4% |
| Profit (loss) for the period before taxes | 9903 | €16,416 | €58,691 | +€42,275 | +257.5% |
| Income taxes | 67/77 | €4,938 | €16,588 | +€11,650 | +235.9% |
| Profit (loss) for the period | 9904 | €11,478 | €42,103 | +€30,625 | +266.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,478 | €42,103 | +€30,625 | +266.8% |
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 5 October 2026 via checked.be.