AMEXFIN: 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.
AMEXFIN
Largest movements
- Cash -€57,520
down €57,520 (-74.9%), from €76,847 to €19,327
mainly Debts after one year (-€55,911) and Receivables within one year (-€12,442)
- Receivables after one year -€30,000
down €30,000 (-6.3%), from €480,000 to €450,000
- Debts after one year -€55,911
down €55,911 (-3.2%), from €1.7m to €1.7m
of which Financial debts: -€55,883
- Gross operating margin -€6,265
down €6,265 (-65.2%), from €9,607 to €3,342
- Taxes +€593
up €593 (+200%), from €296 to €889
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 | €1,856,847 | €1,781,769 | -€75,078 | -4.0% |
| Fixed assets | 21/28 | €1,300,000 | €1,300,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,300,000 | €1,300,000 | = | 0.0% |
| Current assets | 29/58 | €556,847 | €481,769 | -€75,078 | -13.5% |
| Amounts receivable after more than one year | 29 | €480,000 | €450,000 | -€30,000 | -6.3% |
| Other amounts receivable | 291 | €480,000 | €450,000 | -€30,000 | -6.3% |
| Amounts receivable within one year | 40/41 | - | €12,442 | +€12,442 | |
| Trade receivables | 40 | - | €12,100 | +€12,100 | |
| Other amounts receivable | 41 | - | €342 | +€342 | |
| Cash at bank and in hand | 54/58 | €76,847 | €19,327 | -€57,520 | -74.9% |
| Total equity and liabilities | 10/49 | €1,856,847 | €1,781,769 | -€75,078 | -4.0% |
| Equity | 10/15 | €34,816 | €29,744 | -€5,072 | -14.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €14,816 | €9,744 | -€5,072 | -34.2% |
| Distributable reserves | 133 | €14,816 | €9,744 | -€5,072 | -34.2% |
| Amounts payable | 17/49 | €1,822,031 | €1,752,025 | -€70,007 | -3.8% |
| Amounts payable after more than one year | 17 | €1,745,697 | €1,689,786 | -€55,911 | -3.2% |
| Financial debts | 170/4 | €299,539 | €243,656 | -€55,883 | -18.7% |
| Other amounts payable | 178/9 | €1,446,158 | €1,446,130 | -€28 | 0.0% |
| Amounts payable within one year | 42/48 | €76,334 | €61,795 | -€14,539 | -19.0% |
| Current portion of amounts payable after more than one year | 42 | €59,447 | €60,496 | +€1,049 | +1.8% |
| Trade debts | 44 | €11,333 | €1,299 | -€10,033 | -88.5% |
| Suppliers | 440/4 | €11,333 | €1,299 | -€10,033 | -88.5% |
| Taxes, remuneration and social security | 45 | €5,555 | €0 | -€5,555 | -100% |
| Taxes | 450/3 | €5,555 | €0 | -€5,555 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | €444 | +€444 | |
| Other operating charges | 640/8 | €1,108 | €1,143 | +€35 | +3.1% |
| Gross operating margin | 9900 | €9,607 | €3,342 | -€6,265 | -65.2% |
| Operating profit (loss) | 9901 | €8,499 | €2,199 | -€6,299 | -74.1% |
| Financial income | 75/76B | €47 | €0 | -€47 | -100% |
| Recurring financial income | 75 | €47 | €0 | -€47 | -100% |
| Financial charges | 65/66B | €6,287 | €6,382 | +€95 | +1.5% |
| Recurring financial charges | 65 | €6,287 | €6,382 | +€95 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €2,259 | -€4,183 | -€6,441 | |
| Income taxes | 67/77 | €296 | €889 | +€593 | +200% |
| Profit (loss) for the period | 9904 | €1,962 | -€5,072 | -€7,034 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,962 | -€5,072 | -€7,034 |
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 24 October 2026 via checked.be.