AMELIO: 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.
AMELIO
Largest movements
- Cash +€17,291
up €17,291 (+44.6%), from €38,756 to €56,047
mainly Net result for the year (+€156,782) and Depreciation (+€18,494)
- Stocks and contracts -€13,816
down €13,816 (-5.8%), from €239,161 to €225,345
of which Contracts in progress: -€13,254
- Receivables within one year +€13,720
up €13,720 (+32.8%), from €41,875 to €55,595
of which Other amounts receivable: +€8,972
- Tangible fixed assets -€13,527
down €13,527 (-24.6%), from €55,025 to €41,498
of which Furniture and vehicles: -€7,794
- Deferred charges and accrued income -€10,615
down €10,615 (-35.5%), from €29,920 to €19,305
- Trade debts -€166,602
down €166,602 (-19.6%), from €850,854 to €684,253
- Profit (loss) carried forward +€156,782
up €156,782 (+16.0%), from -€982,047 to -€825,266
- Tax, wage and social debts +€14,768
up €14,768 (+76.1%), from €19,395 to €34,164
of which Taxes: +€23,076
- Current portion of long-term debt -€7,692
down €7,692 (-100.0%), from €7,692 to €0
- Other debts -€6,989
down €6,989 (-6.4%), from €109,052 to €102,062
- Gross operating margin +€688,837
up €688,837, from -€150,913 to €537,924
- Financial charges -€181,779
down €181,779 (-87.3%), from €208,162 to €26,383
- Staff costs -€7,733
down €7,733 (-2.3%), from €334,365 to €326,632
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 | €411,964 | €402,351 | -€9,614 | -2.3% |
| Fixed assets | 21/28 | €62,253 | €46,058 | -€16,195 | -26.0% |
| Intangible fixed assets | 21 | €6,828 | €4,160 | -€2,668 | -39.1% |
| Tangible fixed assets | 22/27 | €55,025 | €41,498 | -€13,527 | -24.6% |
| Land and buildings | 22 | €2,480 | €2,037 | -€443 | -17.9% |
| Plant, machinery and equipment | 23 | €34,574 | €29,286 | -€5,289 | -15.3% |
| Furniture and vehicles | 24 | €17,970 | €10,176 | -€7,794 | -43.4% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €349,712 | €356,293 | +€6,581 | +1.9% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €239,161 | €225,345 | -€13,816 | -5.8% |
| Stocks | 30/36 | €46,354 | €45,793 | -€561 | -1.2% |
| Contracts in progress | 37 | €192,806 | €179,552 | -€13,254 | -6.9% |
| Amounts receivable within one year | 40/41 | €41,875 | €55,595 | +€13,720 | +32.8% |
| Trade receivables | 40 | €36,253 | €41,002 | +€4,749 | +13.1% |
| Other amounts receivable | 41 | €5,622 | €14,594 | +€8,972 | +159.6% |
| Cash at bank and in hand | 54/58 | €38,756 | €56,047 | +€17,291 | +44.6% |
| Deferred charges and accrued income | 490/1 | €29,920 | €19,305 | -€10,615 | -35.5% |
| Total equity and liabilities | 10/49 | €411,964 | €402,351 | -€9,614 | -2.3% |
| Equity | 10/15 | -€817,013 | -€660,231 | +€156,782 | +19.2% |
| Contributions | 10/11 | €16,740 | €16,740 | = | 0.0% |
| Reserves | 13 | €148,295 | €148,295 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €294 | €294 | = | 0.0% |
| Distributable reserves | 133 | €146,141 | €146,141 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€982,047 | -€825,266 | +€156,782 | +16.0% |
| Amounts payable | 17/49 | €1,228,977 | €1,062,582 | -€166,395 | -13.5% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,178,977 | €1,012,582 | -€166,395 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €7,692 | €0 | -€7,692 | -100.0% |
| Financial debts | 43 | €191,984 | €192,103 | +€119 | +0.1% |
| Credit institutions | 430/8 | €191,984 | €192,103 | +€119 | +0.1% |
| Trade debts | 44 | €850,854 | €684,253 | -€166,602 | -19.6% |
| Suppliers | 440/4 | €850,854 | €684,253 | -€166,602 | -19.6% |
| Taxes, remuneration and social security | 45 | €19,395 | €34,164 | +€14,768 | +76.1% |
| Taxes | 450/3 | €96 | €23,172 | +€23,076 | +24125.3% |
| Remuneration and social security | 454/9 | €19,300 | €10,992 | -€8,307 | -43.0% |
| Other amounts payable | 47/48 | €109,052 | €102,062 | -€6,989 | -6.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €334,365 | €326,632 | -€7,733 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,198 | €18,494 | -€2,704 | -12.8% |
| Other operating charges | 640/8 | €6,643 | €9,180 | +€2,537 | +38.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€150,913 | €537,924 | +€688,837 | |
| Operating profit (loss) | 9901 | -€513,119 | €183,618 | +€696,737 | |
| Financial income | 75/76B | €1,726 | €45 | -€1,681 | -97.4% |
| Recurring financial income | 75 | €1,726 | €45 | -€1,681 | -97.4% |
| Financial charges | 65/66B | €208,162 | €26,383 | -€181,779 | -87.3% |
| Recurring financial charges | 65 | €208,162 | €26,383 | -€181,779 | -87.3% |
| Profit (loss) for the period before taxes | 9903 | -€719,555 | €157,280 | +€876,835 | |
| Income taxes | 67/77 | €270 | €499 | +€228 | +84.5% |
| Profit (loss) for the period | 9904 | -€719,825 | €156,782 | +€876,607 | |
| Profit (loss) for the period to be appropriated | 9905 | -€719,825 | €156,782 | +€876,607 |
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 7 October 2026 via checked.be.