AMER GROUP: 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 GROUP
Largest movements
- Receivables within one year +€601,109
up €601,109 (+198%), from €303,549 to €904,658
of which Trade receivables: +€585,677
- Cash -€13,477
down €13,477 (-42.0%), from €32,093 to €18,616
mainly Receivables within one year (-€601,109) and Investment in fixed assets (net) (-€19,324)
- Tangible fixed assets +€12,353
up €12,353 (+220%), from €5,622 to €17,975
of which Furniture and vehicles: +€9,824
- Tax, wage and social debts +€283,949
up €283,949 (+225%), from €126,348 to €410,296
of which Remuneration and social security: +€235,345
- Trade debts +€160,709
up €160,709 (+182%), from €88,510 to €249,220
- Profit (loss) carried forward +€157,618
up €157,618 (+128%), from €123,211 to €280,828
- Turnover +€1.1m
up €1.1m (+92.9%), from €1.2m to €2.2m
- Purchases and services +€548,870
up €548,870 (+98.5%), from €557,127 to €1.1m
- Gross operating margin +€532,346
up €532,346 (+89.1%), from €597,229 to €1.1m
- Staff costs +€470,878
up €470,878 (+106%), from €442,199 to €913,077
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 | €341,705 | €951,177 | +€609,472 | +178% |
| Formation expenses | 20 | €442 | - | -€442 | |
| Fixed assets | 21/28 | €5,622 | €21,775 | +€16,153 | +287% |
| Tangible fixed assets | 22/27 | €5,622 | €17,975 | +€12,353 | +220% |
| Plant, machinery and equipment | 23 | - | €2,529 | +€2,529 | |
| Furniture and vehicles | 24 | €5,622 | €15,446 | +€9,824 | +175% |
| Financial fixed assets | 28 | - | €3,800 | +€3,800 | |
| Current assets | 29/58 | €335,642 | €929,402 | +€593,761 | +177% |
| Amounts receivable within one year | 40/41 | €303,549 | €904,658 | +€601,109 | +198% |
| Trade receivables | 40 | €300,010 | €885,687 | +€585,677 | +195% |
| Other amounts receivable | 41 | €3,539 | €18,971 | +€15,432 | +436% |
| Cash at bank and in hand | 54/58 | €32,093 | €18,616 | -€13,477 | -42.0% |
| Deferred charges and accrued income | 490/1 | - | €6,129 | +€6,129 | |
| Total equity and liabilities | 10/49 | €341,705 | €951,177 | +€609,472 | +178% |
| Equity | 10/15 | €124,711 | €282,328 | +€157,618 | +126% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Contributions outside capital | 11 | €1,500 | €1,500 | = | 0.0% |
| Other | 1109/19 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,211 | €280,828 | +€157,618 | +128% |
| Amounts payable | 17/49 | €216,994 | €668,849 | +€451,854 | +208% |
| Amounts payable within one year | 42/48 | €216,994 | €668,849 | +€451,854 | +208% |
| Trade debts | 44 | €88,510 | €249,220 | +€160,709 | +182% |
| Suppliers | 440/4 | €88,510 | €249,220 | +€160,709 | +182% |
| Taxes, remuneration and social security | 45 | €126,348 | €410,296 | +€283,949 | +225% |
| Taxes | 450/3 | €31,763 | €80,367 | +€48,604 | +153% |
| Remuneration and social security | 454/9 | €94,584 | €329,929 | +€235,345 | +249% |
| Other amounts payable | 47/48 | €2,136 | €9,333 | +€7,196 | +337% |
| Turnover | 70 | €1,153,876 | €2,225,335 | +€1.1m | +92.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €557,127 | €1,105,997 | +€548,870 | +98.5% |
| Remuneration, social security and pensions | 62 | €442,199 | €913,077 | +€470,878 | +106% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,274 | €3,613 | +€2,340 | +184% |
| Other operating charges | 640/8 | €3,887 | €6,642 | +€2,755 | +70.9% |
| Gross operating margin | 9900 | €597,229 | €1,129,575 | +€532,346 | +89.1% |
| Operating profit (loss) | 9901 | €149,869 | €206,243 | +€56,374 | +37.6% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €640 | €1,050 | +€410 | +64.1% |
| Recurring financial charges | 65 | €640 | €1,050 | +€410 | +64.1% |
| Profit (loss) for the period before taxes | 9903 | €149,229 | €205,195 | +€55,966 | +37.5% |
| Income taxes | 67/77 | €32,622 | €47,578 | +€14,956 | +45.8% |
| Profit (loss) for the period | 9904 | €116,607 | €157,618 | +€41,011 | +35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €116,607 | €157,618 | +€41,011 | +35.2% |
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 16 October 2026 via checked.be.