AMEDA: 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.
AMEDA
Largest movements
- Tangible fixed assets -€77,355
down €77,355 (-5.2%), from €1.5m to €1.4m
of which Land and buildings: -€76,508
- Current investments +€74,812
up €74,812 (+39704.7%), from €188 to €75,000
- Debts after one year -€123,154
down €123,154 (-12.2%), from €1.0m to €884,229
- Reserves +€73,061
up €73,061 (+189.3%), from €38,597 to €111,658
of which Distributable reserves: +€69,408
- Trade debts +€29,881
up €29,881, from €0 to €29,881
- Other debts +€24,409
up €24,409 (+10.3%), from €236,330 to €260,738
- Gross operating margin +€112,320
up €112,320 (+180.8%), from €62,130 to €174,449
- Taxes +€11,006
new in 2025: €11,006
- Depreciation -€5,511
down €5,511 (-8.6%), from €63,754 to €58,243
- Financial charges +€3,162
up €3,162 (+17.5%), from €18,021 to €21,183
- Other operating charges +€1,891
up €1,891 (+20.8%), from €9,086 to €10,977
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 | €1,907,255 | €1,912,643 | +€5,388 | +0.3% |
| Fixed assets | 21/28 | €1,786,251 | €1,708,896 | -€77,355 | -4.3% |
| Tangible fixed assets | 22/27 | €1,494,265 | €1,416,910 | -€77,355 | -5.2% |
| Land and buildings | 22 | €1,492,473 | €1,415,965 | -€76,508 | -5.1% |
| Plant, machinery and equipment | 23 | €1,791 | €944 | -€847 | -47.3% |
| Financial fixed assets | 28 | €291,986 | €291,986 | = | 0.0% |
| Current assets | 29/58 | €121,004 | €203,747 | +€82,743 | +68.4% |
| Stocks and contracts in progress | 3 | €80,683 | €80,683 | = | 0.0% |
| Stocks | 30/36 | €80,683 | €80,683 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,698 | €10,058 | +€3,360 | +50.2% |
| Trade receivables | 40 | €6,698 | €10,058 | +€3,360 | +50.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €188 | €75,000 | +€74,812 | +39704.7% |
| Cash at bank and in hand | 54/58 | €24,422 | €25,915 | +€1,493 | +6.1% |
| Deferred charges and accrued income | 490/1 | €9,012 | €12,091 | +€3,079 | +34.2% |
| Total equity and liabilities | 10/49 | €1,907,255 | €1,912,643 | +€5,388 | +0.3% |
| Equity | 10/15 | €536,094 | €609,155 | +€73,061 | +13.6% |
| Contributions | 10/11 | €497,498 | €497,498 | = | 0.0% |
| Capital | 10 | €497,498 | €497,498 | = | 0.0% |
| Issued capital | 100 | €497,498 | €497,498 | = | 0.0% |
| Reserves | 13 | €38,597 | €111,658 | +€73,061 | +189.3% |
| Non-distributable reserves | 130/1 | €26,186 | €29,839 | +€3,653 | +14.0% |
| Legal reserve | 130 | €26,186 | €29,839 | +€3,653 | +14.0% |
| Distributable reserves | 133 | €12,411 | €81,819 | +€69,408 | +559.2% |
| Amounts payable | 17/49 | €1,371,160 | €1,303,488 | -€67,672 | -4.9% |
| Amounts payable after more than one year | 17 | €1,007,383 | €884,229 | -€123,154 | -12.2% |
| Financial debts | 170/4 | €1,007,383 | €884,229 | -€123,154 | -12.2% |
| Amounts payable within one year | 42/48 | €359,797 | €415,139 | +€55,342 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | €122,356 | €123,154 | +€798 | +0.7% |
| Trade debts | 44 | €0 | €29,881 | +€29,881 | |
| Suppliers | 440/4 | €0 | €29,881 | +€29,881 | |
| Taxes, remuneration and social security | 45 | €1,112 | €1,367 | +€255 | +22.9% |
| Taxes | 450/3 | €1,112 | €1,367 | +€255 | +22.9% |
| Other amounts payable | 47/48 | €236,330 | €260,738 | +€24,409 | +10.3% |
| Accrued charges and deferred income | 492/3 | €3,980 | €4,119 | +€139 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,754 | €58,243 | -€5,511 | -8.6% |
| Other operating charges | 640/8 | €9,086 | €10,977 | +€1,891 | +20.8% |
| Gross operating margin | 9900 | €62,130 | €174,449 | +€112,320 | +180.8% |
| Operating profit (loss) | 9901 | -€10,710 | €105,230 | +€115,940 | |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €18,021 | €21,183 | +€3,162 | +17.5% |
| Recurring financial charges | 65 | €18,021 | €21,183 | +€3,162 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | -€28,731 | €84,067 | +€112,798 | |
| Income taxes | 67/77 | - | €11,006 | +€11,006 | |
| Profit (loss) for the period | 9904 | -€28,731 | €73,061 | +€101,792 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,731 | €73,061 | +€101,792 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.