Ameldonk: 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.
Ameldonk
Largest movements
- Stocks and contracts +€170,000
up €170,000 (+18.0%), from €944,864 to €1.1m
- Tangible fixed assets -€132,661
down €132,661 (-10.1%), from €1.3m to €1.2m
- Cash -€126,158
down €126,158 (-88.5%), from €142,629 to €16,471
mainly Stocks and contracts (-€170,000) and Receivables within one year (-€73,624)
- Receivables within one year +€73,624
up €73,624 (+274.8%), from €26,790 to €100,414
of which Trade receivables: +€74,579
- Debts after one year -€37,852
down €37,852 (-4.2%), from €892,452 to €854,600
- Current portion of long-term debt -€27,690
down €27,690 (-42.2%), from €65,542 to €37,852
- Gross operating margin -€24,531
down €24,531 (-13.6%), from €180,274 to €155,743
- Staff costs -€6,256
down €6,256 (-38.8%), from €16,134 to €9,878
- Depreciation -€3,858
down €3,858 (-2.8%), from €136,519 to €132,661
- Other operating charges -€3,323
down €3,323 (-87.2%), from €3,812 to €489
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 | €2,437,882 | €2,413,444 | -€24,437 | -1.0% |
| Fixed assets | 21/28 | €1,313,566 | €1,180,741 | -€132,824 | -10.1% |
| Tangible fixed assets | 22/27 | €1,313,402 | €1,180,741 | -€132,661 | -10.1% |
| Land and buildings | 22 | €1,037,440 | €996,766 | -€40,674 | -3.9% |
| Plant, machinery and equipment | 23 | €112,837 | €92,021 | -€20,816 | -18.4% |
| Furniture and vehicles | 24 | €54,927 | €48,076 | -€6,851 | -12.5% |
| Leasing and similar rights | 25 | €108,199 | €43,879 | -€64,320 | -59.4% |
| Financial fixed assets | 28 | €164 | - | -€164 | |
| Current assets | 29/58 | €1,124,316 | €1,232,703 | +€108,387 | +9.6% |
| Stocks and contracts in progress | 3 | €944,864 | €1,114,864 | +€170,000 | +18.0% |
| Stocks | 30/36 | €944,864 | €1,114,864 | +€170,000 | +18.0% |
| Amounts receivable within one year | 40/41 | €26,790 | €100,414 | +€73,624 | +274.8% |
| Trade receivables | 40 | €24,521 | €99,101 | +€74,579 | +304.1% |
| Other amounts receivable | 41 | €2,268 | €1,313 | -€955 | -42.1% |
| Cash at bank and in hand | 54/58 | €142,629 | €16,471 | -€126,158 | -88.5% |
| Deferred charges and accrued income | 490/1 | €10,034 | €954 | -€9,079 | -90.5% |
| Total equity and liabilities | 10/49 | €2,437,882 | €2,413,444 | -€24,437 | -1.0% |
| Equity | 10/15 | €650,728 | €661,543 | +€10,815 | +1.7% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €150,728 | €161,543 | +€10,815 | +7.2% |
| Non-distributable reserves | 130/1 | €75 | €75 | = | 0.0% |
| Reserves not available under the articles | 1311 | €75 | €75 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,500 | €24,500 | = | 0.0% |
| Distributable reserves | 133 | €126,153 | €136,968 | +€10,815 | +8.6% |
| Amounts payable | 17/49 | €1,787,153 | €1,751,901 | -€35,252 | -2.0% |
| Amounts payable after more than one year | 17 | €892,452 | €854,600 | -€37,852 | -4.2% |
| Financial debts | 170/4 | €892,452 | €854,600 | -€37,852 | -4.2% |
| Amounts payable within one year | 42/48 | €894,702 | €897,301 | +€2,599 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €65,542 | €37,852 | -€27,690 | -42.2% |
| Trade debts | 44 | €14,203 | €17,861 | +€3,657 | +25.7% |
| Suppliers | 440/4 | €14,203 | €17,861 | +€3,657 | +25.7% |
| Advances received on contracts in progress | 46 | - | €17,000 | +€17,000 | |
| Taxes, remuneration and social security | 45 | €5,119 | €5,366 | +€246 | +4.8% |
| Taxes | 450/3 | €163 | €1,476 | +€1,313 | +803.4% |
| Remuneration and social security | 454/9 | €4,956 | €3,890 | -€1,066 | -21.5% |
| Other amounts payable | 47/48 | €809,838 | €819,223 | +€9,386 | +1.2% |
| Remuneration, social security and pensions | 62 | €16,134 | €9,878 | -€6,256 | -38.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €136,519 | €132,661 | -€3,858 | -2.8% |
| Other operating charges | 640/8 | €3,812 | €489 | -€3,323 | -87.2% |
| Gross operating margin | 9900 | €180,274 | €155,743 | -€24,531 | -13.6% |
| Operating profit (loss) | 9901 | €23,810 | €12,715 | -€11,095 | -46.6% |
| Financial income | 75/76B | €85 | €194 | +€109 | +128.0% |
| Recurring financial income | 75 | €85 | €194 | +€109 | +128.0% |
| Financial charges | 65/66B | €3,435 | €1,794 | -€1,641 | -47.8% |
| Recurring financial charges | 65 | €3,435 | €1,794 | -€1,641 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | €20,460 | €11,115 | -€9,345 | -45.7% |
| Income taxes | 67/77 | - | €300 | +€300 | |
| Profit (loss) for the period | 9904 | €20,460 | €10,815 | -€9,645 | -47.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,460 | €10,815 | -€9,645 | -47.1% |
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 11 October 2026 via checked.be.