AMERU: 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.
AMERU
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Reserves +€100,500
up €100,500 (+43.3%), from €232,200 to €332,700
- Debts after one year -€71,947
down €71,947 (-32.2%), from €223,700 to €151,753
- Tax, wage and social debts -€22,803
down €22,803 (-53.1%), from €42,915 to €20,112
- Gross operating margin +€12,947
up €12,947 (+8.9%), from €145,409 to €158,356
- Staff costs +€6,554
up €6,554 (+31.9%), from €20,541 to €27,095
- Taxes +€3,936
up €3,936 (+16.1%), from €24,390 to €28,326
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 | €1,570,853 | €1,578,292 | +€7,439 | +0.5% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €1,506,292 | €1,506,292 | = | 0.0% |
| Tangible fixed assets | 22/27 | €6,292 | €6,292 | = | 0.0% |
| Furniture and vehicles | 24 | €6,292 | €6,292 | = | 0.0% |
| Financial fixed assets | 28 | €1,500,000 | €1,500,000 | = | 0.0% |
| Current assets | 29/58 | €64,561 | €72,000 | +€7,439 | +11.5% |
| Amounts receivable within one year | 40/41 | - | €7,771 | +€7,771 | |
| Other amounts receivable | 41 | - | €7,771 | +€7,771 | |
| Cash at bank and in hand | 54/58 | €60,373 | €64,229 | +€3,856 | +6.4% |
| Deferred charges and accrued income | 490/1 | €4,188 | - | -€4,188 | |
| Total equity and liabilities | 10/49 | €1,570,853 | €1,578,292 | +€7,439 | +0.5% |
| Equity | 10/15 | €1,232,864 | €1,333,451 | +€100,587 | +8.2% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €232,200 | €332,700 | +€100,500 | +43.3% |
| Distributable reserves | 133 | €232,200 | €332,700 | +€100,500 | +43.3% |
| Profit (loss) carried forward | 14 | €664 | €751 | +€87 | +13.1% |
| Amounts payable | 17/49 | €337,988 | €244,841 | -€93,148 | -27.6% |
| Amounts payable after more than one year | 17 | €223,700 | €151,753 | -€71,947 | -32.2% |
| Financial debts | 170/4 | €223,700 | €151,753 | -€71,947 | -32.2% |
| Amounts payable within one year | 42/48 | €114,288 | €92,514 | -€21,775 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €71,374 | €71,947 | +€574 | +0.8% |
| Trade debts | 44 | - | €260 | +€260 | |
| Suppliers | 440/4 | - | €260 | +€260 | |
| Taxes, remuneration and social security | 45 | €42,915 | €20,112 | -€22,803 | -53.1% |
| Taxes | 450/3 | €42,915 | €20,112 | -€22,803 | -53.1% |
| Other amounts payable | 47/48 | - | €195 | +€195 | |
| Accrued charges and deferred income | 492/3 | - | €574 | +€574 | |
| Remuneration, social security and pensions | 62 | €20,541 | €27,095 | +€6,554 | +31.9% |
| Other operating charges | 640/8 | €112 | €112 | = | 0.0% |
| Gross operating margin | 9900 | €145,409 | €158,356 | +€12,947 | +8.9% |
| Operating profit (loss) | 9901 | €124,756 | €131,148 | +€6,392 | +5.1% |
| Financial charges | 65/66B | €2,805 | €2,235 | -€569 | -20.3% |
| Recurring financial charges | 65 | €2,805 | €2,235 | -€569 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €121,951 | €128,913 | +€6,962 | +5.7% |
| Income taxes | 67/77 | €24,390 | €28,326 | +€3,936 | +16.1% |
| Profit (loss) for the period | 9904 | €97,561 | €100,587 | +€3,026 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €97,561 | €100,587 | +€3,026 | +3.1% |
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 19 October 2026 via checked.be.