AMECI: 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.
AMECI
Largest movements
- Cash +€132,359
up €132,359 (+101%), from €131,393 to €263,752
mainly Net result for the year (+€171,301) and Current investments (+€64,960)
- Current investments -€64,960
down €64,960 (-56.2%), from €115,519 to €50,559
- Tangible fixed assets -€46,155
down €46,155 (-5.3%), from €870,349 to €824,193
of which Land and buildings: -€33,295
- Reserves +€171,301
up €171,301 (+21.4%), from €802,013 to €973,314
of which Distributable reserves: +€185,755
- Debts after one year -€112,930
down €112,930 (-69.2%), from €163,249 to €50,319
- Tax, wage and social debts -€17,487
down €17,487 (-71.3%), from €24,516 to €7,029
- Trade debts -€13,607
down €13,607 (-94.7%), from €14,376 to €769
- Financial income -€67,399
down €67,399 (-58.2%), from €115,716 to €48,318
of which Non-recurring financial income: -€115,513
- Taxes -€28,050
down €28,050 (-24.2%), from €115,863 to €87,812
- Gross operating margin -€22,100
down €22,100 (-7.7%), from €285,772 to €263,672
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.
Derived cash bridge
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 | €1,166,033 | €1,185,599 | +€19,566 | +1.7% |
| Fixed assets | 21/28 | €870,349 | €824,193 | -€46,155 | -5.3% |
| Tangible fixed assets | 22/27 | €870,349 | €824,193 | -€46,155 | -5.3% |
| Land and buildings | 22 | €840,446 | €807,151 | -€33,295 | -4.0% |
| Plant, machinery and equipment | 23 | €7,500 | €7,642 | +€142 | +1.9% |
| Furniture and vehicles | 24 | €14,690 | €2,817 | -€11,873 | -80.8% |
| Other tangible fixed assets | 26 | €7,712 | €6,583 | -€1,129 | -14.6% |
| Current assets | 29/58 | €295,684 | €361,406 | +€65,722 | +22.2% |
| Amounts receivable within one year | 40/41 | €36,952 | €39,860 | +€2,908 | +7.9% |
| Trade receivables | 40 | €36,952 | €39,860 | +€2,908 | +7.9% |
| Current investments | 50/53 | €115,519 | €50,559 | -€64,960 | -56.2% |
| Cash at bank and in hand | 54/58 | €131,393 | €263,752 | +€132,359 | +101% |
| Deferred charges and accrued income | 490/1 | €11,820 | €7,235 | -€4,585 | -38.8% |
| Total equity and liabilities | 10/49 | €1,166,033 | €1,185,599 | +€19,566 | +1.7% |
| Equity | 10/15 | €836,843 | €1,008,144 | +€171,301 | +20.5% |
| Contributions | 10/11 | €34,830 | €34,830 | = | 0.0% |
| Reserves | 13 | €802,013 | €973,314 | +€171,301 | +21.4% |
| Tax-exempt reserves | 132 | €150,967 | €136,513 | -€14,455 | -9.6% |
| Distributable reserves | 133 | €651,046 | €836,801 | +€185,755 | +28.5% |
| Provisions and deferred taxes | 16 | €100,453 | €95,635 | -€4,818 | -4.8% |
| Deferred taxes | 168 | €100,453 | €95,635 | -€4,818 | -4.8% |
| Amounts payable | 17/49 | €228,737 | €81,821 | -€146,916 | -64.2% |
| Amounts payable after more than one year | 17 | €163,249 | €50,319 | -€112,930 | -69.2% |
| Financial debts | 170/4 | €163,249 | €50,319 | -€112,930 | -69.2% |
| Amounts payable within one year | 42/48 | €54,088 | €20,101 | -€33,987 | -62.8% |
| Current portion of amounts payable after more than one year | 42 | €7,673 | €7,930 | +€256 | +3.3% |
| Trade debts | 44 | €14,376 | €769 | -€13,607 | -94.7% |
| Suppliers | 440/4 | €14,376 | €769 | -€13,607 | -94.7% |
| Taxes, remuneration and social security | 45 | €24,516 | €7,029 | -€17,487 | -71.3% |
| Taxes | 450/3 | €24,516 | €7,029 | -€17,487 | -71.3% |
| Other amounts payable | 47/48 | €7,523 | €4,373 | -€3,150 | -41.9% |
| Accrued charges and deferred income | 492/3 | €11,400 | €11,400 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,285 | €47,946 | +€661 | +1.4% |
| Other operating charges | 640/8 | €5,713 | €6,280 | +€567 | +9.9% |
| Gross operating margin | 9900 | €285,772 | €263,672 | -€22,100 | -7.7% |
| Operating profit (loss) | 9901 | €232,774 | €209,446 | -€23,328 | -10.0% |
| Financial income | 75/76B | €115,716 | €48,318 | -€67,399 | -58.2% |
| Recurring financial income | 75 | €204 | €48,318 | +€48,114 | +23,632% |
| Non-recurring financial income | 76B | €115,513 | €0 | -€115,513 | -100% |
| Financial charges | 65/66B | €1,967 | €3,469 | +€1,501 | +76.3% |
| Recurring financial charges | 65 | €1,967 | €3,469 | +€1,501 | +76.3% |
| Profit (loss) for the period before taxes | 9903 | €346,523 | €254,295 | -€92,228 | -26.6% |
| Transfer from deferred taxes | 780 | €4,818 | €4,818 | +€0 | 0.0% |
| Income taxes | 67/77 | €115,863 | €87,812 | -€28,050 | -24.2% |
| Profit (loss) for the period | 9904 | €235,478 | €171,301 | -€64,177 | -27.3% |
| Transfer from tax-exempt reserves | 789 | €14,455 | €14,455 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €249,933 | €185,755 | -€64,177 | -25.7% |
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 17 October 2026 via checked.be.