AMER: 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.
AMER
Largest movements
- Cash +€113,294
up €113,294 (+171.2%), from €66,161 to €179,455
mainly Net result for the year (+€84,368) and Depreciation (+€21,867)
- Receivables within one year -€10,916
down €10,916 (-19.4%), from €56,265 to €45,349
- Tangible fixed assets -€8,809
down €8,809 (-15.4%), from €57,020 to €48,210
of which Furniture and vehicles: -€7,759
- Profit (loss) carried forward +€84,368
up €84,368 (+63.9%), from €132,121 to €216,490
- Tax, wage and social debts +€12,717
up €12,717 (+78.8%), from €16,145 to €28,862
of which Taxes: +€14,327
- Debts after one year -€8,076
down €8,076 (-39.4%), from €20,493 to €12,416
- Other debts +€4,731
up €4,731 (+2347.8%), from €202 to €4,932
- Gross operating margin +€54,033
up €54,033 (+71.6%), from €75,459 to €129,492
- Taxes +€13,708
up €13,708 (+147.6%), from €9,287 to €22,995
- Depreciation +€9,321
up €9,321 (+74.3%), from €12,546 to €21,867
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 | €180,254 | €275,249 | +€94,995 | +52.7% |
| Fixed assets | 21/28 | €57,020 | €48,210 | -€8,809 | -15.4% |
| Tangible fixed assets | 22/27 | €57,020 | €48,210 | -€8,809 | -15.4% |
| Land and buildings | 22 | €3,147 | €2,097 | -€1,050 | -33.4% |
| Furniture and vehicles | 24 | €53,873 | €46,113 | -€7,759 | -14.4% |
| Current assets | 29/58 | €123,234 | €227,039 | +€103,805 | +84.2% |
| Amounts receivable within one year | 40/41 | €56,265 | €45,349 | -€10,916 | -19.4% |
| Trade receivables | 40 | €56,265 | €45,349 | -€10,916 | -19.4% |
| Cash at bank and in hand | 54/58 | €66,161 | €179,455 | +€113,294 | +171.2% |
| Deferred charges and accrued income | 490/1 | €808 | €2,234 | +€1,427 | +176.6% |
| Total equity and liabilities | 10/49 | €180,254 | €275,249 | +€94,995 | +52.7% |
| Equity | 10/15 | €135,121 | €219,490 | +€84,368 | +62.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €132,121 | €216,490 | +€84,368 | +63.9% |
| Amounts payable | 17/49 | €45,132 | €55,759 | +€10,627 | +23.5% |
| Amounts payable after more than one year | 17 | €20,493 | €12,416 | -€8,076 | -39.4% |
| Financial debts | 170/4 | €20,493 | €12,416 | -€8,076 | -39.4% |
| Amounts payable within one year | 42/48 | €24,640 | €43,343 | +€18,703 | +75.9% |
| Current portion of amounts payable after more than one year | 42 | €7,918 | €8,076 | +€158 | +2.0% |
| Trade debts | 44 | €375 | €1,473 | +€1,098 | +292.8% |
| Suppliers | 440/4 | €375 | €1,473 | +€1,098 | +292.8% |
| Taxes, remuneration and social security | 45 | €16,145 | €28,862 | +€12,717 | +78.8% |
| Taxes | 450/3 | €14,535 | €28,862 | +€14,327 | +98.6% |
| Remuneration and social security | 454/9 | €1,610 | - | -€1,610 | |
| Other amounts payable | 47/48 | €202 | €4,932 | +€4,731 | +2347.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,546 | €21,867 | +€9,321 | +74.3% |
| Other operating charges | 640/8 | €126 | €296 | +€170 | +134.9% |
| Gross operating margin | 9900 | €75,459 | €129,492 | +€54,033 | +71.6% |
| Operating profit (loss) | 9901 | €62,787 | €107,329 | +€44,542 | +70.9% |
| Financial income | 75/76B | €246 | €603 | +€357 | +145.0% |
| Recurring financial income | 75 | €246 | €603 | +€357 | +145.0% |
| Financial charges | 65/66B | €724 | €568 | -€155 | -21.5% |
| Recurring financial charges | 65 | €724 | €568 | -€155 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €62,309 | €107,363 | +€45,054 | +72.3% |
| Income taxes | 67/77 | €9,287 | €22,995 | +€13,708 | +147.6% |
| Profit (loss) for the period | 9904 | €53,022 | €84,368 | +€31,346 | +59.1% |
| Profit (loss) for the period to be appropriated | 9905 | €53,022 | €84,368 | +€31,346 | +59.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.