AMDI: 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.
AMDI
Largest movements
- Stocks and contracts -€34,208
down €34,208 (-86.9%), from €39,358 to €5,150
- Deferred charges and accrued income +€27,732
up €27,732 (+105.9%), from €26,189 to €53,920
- Receivables within one year +€13,440
up €13,440 (+32.7%), from €41,049 to €54,489
of which Trade receivables: +€13,440
- Reserves +€25,319
up €25,319 (+2.6%), from €982,880 to €1.0m
of which Distributable reserves: +€25,319
- Write-downs +€32,870
new in 2025: €32,870
- Gross operating margin +€4,219
up €4,219 (+4.1%), from €101,910 to €106,129
- Taxes -€4,173
down €4,173 (-27.1%), from €15,392 to €11,219
- Staff costs -€2,836
down €2,836 (-4.3%), from €66,042 to €63,206
- Financial income -€1,091
down €1,091 (-3.9%), from €28,103 to €27,012
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 | €1,133,097 | €1,147,849 | +€14,753 | +1.3% |
| Current assets | 29/58 | €1,133,097 | €1,147,849 | +€14,753 | +1.3% |
| Amounts receivable after more than one year | 29 | €900,000 | €900,000 | = | 0.0% |
| Other amounts receivable | 291 | €900,000 | €900,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €39,358 | €5,150 | -€34,208 | -86.9% |
| Stocks | 30/36 | €39,358 | €5,150 | -€34,208 | -86.9% |
| Amounts receivable within one year | 40/41 | €41,049 | €54,489 | +€13,440 | +32.7% |
| Trade receivables | 40 | €41,049 | €54,489 | +€13,440 | +32.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €532 | €535 | +€3 | +0.5% |
| Cash at bank and in hand | 54/58 | €125,969 | €133,755 | +€7,786 | +6.2% |
| Deferred charges and accrued income | 490/1 | €26,189 | €53,920 | +€27,732 | +105.9% |
| Total equity and liabilities | 10/49 | €1,133,097 | €1,147,849 | +€14,753 | +1.3% |
| Equity | 10/15 | €1,082,037 | €1,107,356 | +€25,319 | +2.3% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Capital | 10 | €99,157 | €99,157 | = | 0.0% |
| Issued capital | 100 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €982,880 | €1,008,198 | +€25,319 | +2.6% |
| Non-distributable reserves | 130/1 | €9,916 | €9,916 | = | 0.0% |
| Legal reserve | 130 | €9,916 | €9,916 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,104 | €31,104 | = | 0.0% |
| Distributable reserves | 133 | €941,860 | €967,179 | +€25,319 | +2.7% |
| Amounts payable | 17/49 | €51,059 | €40,493 | -€10,566 | -20.7% |
| Amounts payable within one year | 42/48 | €51,059 | €40,493 | -€10,566 | -20.7% |
| Trade debts | 44 | €22,046 | €17,969 | -€4,077 | -18.5% |
| Suppliers | 440/4 | €22,046 | €17,969 | -€4,077 | -18.5% |
| Taxes, remuneration and social security | 45 | €29,014 | €22,524 | -€6,489 | -22.4% |
| Taxes | 450/3 | €21,137 | €15,988 | -€5,149 | -24.4% |
| Remuneration and social security | 454/9 | €7,877 | €6,536 | -€1,341 | -17.0% |
| Remuneration, social security and pensions | 62 | €66,042 | €63,206 | -€2,836 | -4.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €32,870 | +€32,870 | |
| Other operating charges | 640/8 | €312 | €470 | +€158 | +50.8% |
| Gross operating margin | 9900 | €101,910 | €106,129 | +€4,219 | +4.1% |
| Operating profit (loss) | 9901 | €35,556 | €9,582 | -€25,973 | -73.0% |
| Financial income | 75/76B | €28,103 | €27,012 | -€1,091 | -3.9% |
| Recurring financial income | 75 | €28,103 | €27,012 | -€1,091 | -3.9% |
| Financial charges | 65/66B | €0 | €57 | +€57 | |
| Recurring financial charges | 65 | €0 | €57 | +€57 | |
| Profit (loss) for the period before taxes | 9903 | €63,659 | €36,538 | -€27,121 | -42.6% |
| Income taxes | 67/77 | €15,392 | €11,219 | -€4,173 | -27.1% |
| Profit (loss) for the period | 9904 | €48,267 | €25,319 | -€22,948 | -47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €48,267 | €25,319 | -€22,948 | -47.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.