AMEXTEC: 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.
AMEXTEC
Largest movements
- Cash -€74,719
down €74,719 (-73.5%), from €101,600 to €26,880
mainly Current investments (-€70,000) and Receivables within one year (-€43,861)
- Current investments +€70,000
new in 2025: €70,000
- Receivables within one year +€43,861
up €43,861 (+34.3%), from €127,779 to €171,640
of which Trade receivables: +€24,509
- Tangible fixed assets -€8,882
down €8,882 (-34.0%), from €26,142 to €17,260
of which Furniture and vehicles: -€6,340
- Reserves +€49,232
up €49,232 (+64.0%), from €76,883 to €126,115
of which Distributable reserves: +€49,232
- Tax, wage and social debts -€9,313
down €9,313 (-16.6%), from €56,248 to €46,935
of which Taxes: -€9,313
- Trade debts -€8,523
down €8,523 (-14.8%), from €57,472 to €48,949
- Gross operating margin -€15,447
down €15,447 (-16.0%), from €96,325 to €80,877
- Taxes -€6,065
down €6,065 (-21.3%), from €28,447 to €22,382
- Financial charges -€3,799
down €3,799 (-95.9%), from €3,962 to €163
- Depreciation -€1,276
down €1,276 (-16.5%), from €7,728 to €6,452
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 | €256,877 | €286,149 | +€29,272 | +11.4% |
| Fixed assets | 21/28 | €26,142 | €17,260 | -€8,882 | -34.0% |
| Tangible fixed assets | 22/27 | €26,142 | €17,260 | -€8,882 | -34.0% |
| Plant, machinery and equipment | 23 | €7,793 | €5,252 | -€2,541 | -32.6% |
| Furniture and vehicles | 24 | €18,349 | €12,008 | -€6,340 | -34.6% |
| Current assets | 29/58 | €230,736 | €268,889 | +€38,154 | +16.5% |
| Amounts receivable within one year | 40/41 | €127,779 | €171,640 | +€43,861 | +34.3% |
| Trade receivables | 40 | €1,297 | €25,806 | +€24,509 | +1890.2% |
| Other amounts receivable | 41 | €126,482 | €145,834 | +€19,352 | +15.3% |
| Current investments | 50/53 | - | €70,000 | +€70,000 | |
| Cash at bank and in hand | 54/58 | €101,600 | €26,880 | -€74,719 | -73.5% |
| Deferred charges and accrued income | 490/1 | €1,357 | €369 | -€988 | -72.8% |
| Total equity and liabilities | 10/49 | €256,877 | €286,149 | +€29,272 | +11.4% |
| Equity | 10/15 | €140,734 | €189,966 | +€49,232 | +35.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €76,883 | €126,115 | +€49,232 | +64.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €75,023 | €124,255 | +€49,232 | +65.6% |
| Profit (loss) carried forward | 14 | €45,251 | €45,251 | = | 0.0% |
| Amounts payable | 17/49 | €116,143 | €96,184 | -€19,960 | -17.2% |
| Amounts payable within one year | 42/48 | €116,143 | €95,884 | -€20,260 | -17.4% |
| Financial debts | 43 | €2,423 | €0 | -€2,423 | -100.0% |
| Credit institutions | 430/8 | €2,423 | €0 | -€2,423 | -100.0% |
| Trade debts | 44 | €57,472 | €48,949 | -€8,523 | -14.8% |
| Suppliers | 440/4 | €57,472 | €48,949 | -€8,523 | -14.8% |
| Taxes, remuneration and social security | 45 | €56,248 | €46,935 | -€9,313 | -16.6% |
| Taxes | 450/3 | €56,248 | €46,935 | -€9,313 | -16.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €300 | +€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,728 | €6,452 | -€1,276 | -16.5% |
| Other operating charges | 640/8 | €1,343 | €1,063 | -€280 | -20.8% |
| Non-recurring operating charges | 66A | €0 | €1,604 | +€1,604 | |
| Gross operating margin | 9900 | €96,325 | €80,877 | -€15,447 | -16.0% |
| Operating profit (loss) | 9901 | €87,255 | €71,759 | -€15,495 | -17.8% |
| Financial income | 75/76B | €177 | €18 | -€159 | -89.9% |
| Recurring financial income | 75 | €177 | €18 | -€159 | -89.9% |
| Financial charges | 65/66B | €3,962 | €163 | -€3,799 | -95.9% |
| Recurring financial charges | 65 | €3,962 | €163 | -€3,799 | -95.9% |
| Profit (loss) for the period before taxes | 9903 | €83,470 | €71,614 | -€11,856 | -14.2% |
| Income taxes | 67/77 | €28,447 | €22,382 | -€6,065 | -21.3% |
| Profit (loss) for the period | 9904 | €55,023 | €49,232 | -€5,791 | -10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €55,023 | €49,232 | -€5,791 | -10.5% |
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 5 October 2026 via checked.be.