Amfithink: 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.
Amfithink
Largest movements
- Cash +€36,040
up €36,040 (+54.6%), from €65,983 to €102,022
mainly Net result for the year (+€168,308) and Other debts (+€139,675)
- Tangible fixed assets -€30,995
down €30,995 (-7.2%), from €431,849 to €400,854
- Receivables after one year +€27,500
up €27,500 (+23.9%), from €115,000 to €142,500
- Receivables within one year -€12,544
down €12,544 (-4.0%), from €316,816 to €304,272
of which Other amounts receivable: -€14,958
- Other debts +€139,675
up €139,675 (+34.3%), from €407,527 to €547,202
- Reserves -€98,491
down €98,491 (-99.7%), from €98,799 to €308
- Debts after one year -€38,716
down €38,716 (-18.9%), from €204,686 to €165,970
- Tax, wage and social debts +€36,524
up €36,524 (+54.6%), from €66,909 to €103,433
- Current portion of long-term debt -€9,543
down €9,543 (-8.8%), from €108,259 to €98,716
- Gross operating margin -€95,090
down €95,090 (-25.9%), from €367,280 to €272,190
- Taxes -€22,489
down €22,489 (-26.7%), from €84,280 to €61,791
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 | €930,622 | €950,671 | +€20,049 | +2.2% |
| Fixed assets | 21/28 | €431,849 | €400,854 | -€30,995 | -7.2% |
| Tangible fixed assets | 22/27 | €431,849 | €400,854 | -€30,995 | -7.2% |
| Land and buildings | 22 | €154,643 | €143,843 | -€10,800 | -7.0% |
| Furniture and vehicles | 24 | €23,181 | €13,594 | -€9,587 | -41.4% |
| Other tangible fixed assets | 26 | €254,025 | €243,417 | -€10,607 | -4.2% |
| Current assets | 29/58 | €498,773 | €549,817 | +€51,044 | +10.2% |
| Amounts receivable after more than one year | 29 | €115,000 | €142,500 | +€27,500 | +23.9% |
| Other amounts receivable | 291 | €115,000 | €142,500 | +€27,500 | +23.9% |
| Amounts receivable within one year | 40/41 | €316,816 | €304,272 | -€12,544 | -4.0% |
| Trade receivables | 40 | €296,493 | €298,907 | +€2,415 | +0.8% |
| Other amounts receivable | 41 | €20,324 | €5,365 | -€14,958 | -73.6% |
| Cash at bank and in hand | 54/58 | €65,983 | €102,022 | +€36,040 | +54.6% |
| Deferred charges and accrued income | 490/1 | €974 | €1,023 | +€48 | +5.0% |
| Total equity and liabilities | 10/49 | €930,622 | €950,671 | +€20,049 | +2.2% |
| Equity | 10/15 | €117,399 | €18,908 | -€98,491 | -83.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €98,799 | €308 | -€98,491 | -99.7% |
| Distributable reserves | 133 | €98,799 | €308 | -€98,491 | -99.7% |
| Amounts payable | 17/49 | €813,223 | €931,763 | +€118,540 | +14.6% |
| Amounts payable after more than one year | 17 | €204,686 | €165,970 | -€38,716 | -18.9% |
| Financial debts | 170/4 | €204,686 | €165,970 | -€38,716 | -18.9% |
| Amounts payable within one year | 42/48 | €599,919 | €757,909 | +€157,990 | +26.3% |
| Current portion of amounts payable after more than one year | 42 | €108,259 | €98,716 | -€9,543 | -8.8% |
| Trade debts | 44 | €17,225 | €8,558 | -€8,667 | -50.3% |
| Suppliers | 440/4 | €17,225 | €8,558 | -€8,667 | -50.3% |
| Taxes, remuneration and social security | 45 | €66,909 | €103,433 | +€36,524 | +54.6% |
| Taxes | 450/3 | €66,909 | €103,433 | +€36,524 | +54.6% |
| Other amounts payable | 47/48 | €407,527 | €547,202 | +€139,675 | +34.3% |
| Accrued charges and deferred income | 492/3 | €8,618 | €7,884 | -€733 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,023 | €30,995 | -€29 | -0.1% |
| Other operating charges | 640/8 | €3,079 | €3,765 | +€686 | +22.3% |
| Gross operating margin | 9900 | €367,280 | €272,190 | -€95,090 | -25.9% |
| Operating profit (loss) | 9901 | €333,178 | €237,430 | -€95,748 | -28.7% |
| Financial income | 75/76B | €4,468 | €1,828 | -€2,641 | -59.1% |
| Recurring financial income | 75 | €4,468 | €1,828 | -€2,641 | -59.1% |
| Financial charges | 65/66B | €10,347 | €9,158 | -€1,188 | -11.5% |
| Recurring financial charges | 65 | €10,347 | €9,158 | -€1,188 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €327,299 | €230,099 | -€97,200 | -29.7% |
| Income taxes | 67/77 | €84,280 | €61,791 | -€22,489 | -26.7% |
| Profit (loss) for the period | 9904 | €243,020 | €168,308 | -€74,711 | -30.7% |
| Profit (loss) for the period to be appropriated | 9905 | €243,020 | €168,308 | -€74,711 | -30.7% |
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 18 October 2026 via checked.be.