amfori: 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.
What changed
amfori
NACE 94.120, Activities of professional membership organisations
fiscal year 2022 against 2024not consecutivefiled annual accounts (NBB)
Net result for the year
€3.1m
2022 · €2.4m+€754,306
Equity
€18.3m
2022 · €13.3m+€5.0m
Cash
€5.8m
2022 · €6.6m-€747,002
Balance sheet total
€22.2m
2022 · €17.6m+€4.6m
Largest movements
Assets
- Intangible fixed assets +€5.3m
up €5.3m (+73.3%), from €7.2m to €12.5m
- Cash -€747,002
down €747,002 (-11.4%), from €6.6m to €5.8m
Equity and liabilities
- Profit (loss) carried forward +€5.0m
up €5.0m (+37.3%), from €13.3m to €18.3m
- Tax, wage and social debts -€348,763
down €348,763 (-31.7%), from €1.1m to €751,667
of which Remuneration and social security: -€315,834
Income statement
- Turnover +€4.9m
up €4.9m (+26.0%), from €18.9m to €23.8m
- Services and other goods +€1.5m
up €1.5m (+16.1%), from €9.5m to €11.1m
- Depreciation +€1.5m
up €1.5m (+69.6%), from €2.2m to €3.7m
- Staff costs +€1.1m
up €1.1m (+23.1%), from €4.9m to €6.1m
- Other operating charges +€256,610
up €256,610 (+924.9%), from €27,744 to €284,354
From the 2022 result to the 2024 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.
Result 2022
€2.4m
Turnover
+€4.9m
Other operating income
-€44,241
Services and other goods
-€1.5m
Staff costs
-€1.1m
Depreciation
-€1.5m
Write-downs
+€205,572
Other operating charges
-€256,610
Other operating items
+€225,779
Financial income
-€66,215
Financial charges
+€741
Taxes
-€42,036
Result 2024
€3.1m
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,599,695 | €22,166,003 | +€4.6m | +25.9% |
| Fixed assets | 21/28 | €7,678,997 | €12,814,698 | +€5.1m | +66.9% |
| Intangible fixed assets | 21 | €7,217,841 | €12,507,720 | +€5.3m | +73.3% |
| Tangible fixed assets | 22/27 | €461,157 | €305,854 | -€155,303 | -33.7% |
| Plant, machinery and equipment | 23 | €10,055 | €16,266 | +€6,211 | +61.8% |
| Furniture and vehicles | 24 | €451,102 | €289,588 | -€161,514 | -35.8% |
| Financial fixed assets | 28 | - | €1,124 | +€1,124 | |
| Affiliated companies | 280/1 | - | €1,124 | +€1,124 | |
| Participating interests | 280 | - | €1,124 | +€1,124 | |
| Current assets | 29/58 | €9,920,698 | €9,351,305 | -€569,393 | -5.7% |
| Amounts receivable after more than one year | 29 | €17,830 | €17,830 | = | 0.0% |
| Other amounts receivable | 291 | €17,830 | €17,830 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,860,928 | €3,053,689 | +€192,761 | +6.7% |
| Trade receivables | 40 | €2,283,927 | €2,416,486 | +€132,559 | +5.8% |
| Other amounts receivable | 41 | €577,001 | €637,203 | +€60,202 | +10.4% |
| Current investments | 50/53 | €182,008 | €196,127 | +€14,119 | +7.8% |
| Cash at bank and in hand | 54/58 | €6,559,682 | €5,812,680 | -€747,002 | -11.4% |
| Deferred charges and accrued income | 490/1 | €300,250 | €270,979 | -€29,271 | -9.7% |
| Total equity and liabilities | 10/49 | €17,599,695 | €22,166,003 | +€4.6m | +25.9% |
| Equity | 10/15 | €13,306,145 | €18,262,669 | +€5.0m | +37.2% |
| Contributions | 10/11 | €2,803 | €2,803 | +€0 | 0.0% |
| Capital | 10 | €2,803 | €2,803 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €13,303,342 | €18,259,866 | +€5.0m | +37.3% |
| Provisions and deferred taxes | 16 | €48,200 | €96,400 | +€48,200 | +100.0% |
| Provisions for liabilities and charges | 160/5 | €48,200 | €96,400 | +€48,200 | +100.0% |
| Other liabilities and charges | 164/5 | €48,200 | €96,400 | +€48,200 | +100.0% |
| Amounts payable | 17/49 | €4,245,350 | €3,806,934 | -€438,416 | -10.3% |
| Amounts payable within one year | 42/48 | €3,662,818 | €3,267,865 | -€394,953 | -10.8% |
| Trade debts | 44 | €2,562,388 | €2,515,074 | -€47,314 | -1.8% |
| Suppliers | 440/4 | €2,562,388 | €2,515,074 | -€47,314 | -1.8% |
| Taxes, remuneration and social security | 45 | €1,100,430 | €751,667 | -€348,763 | -31.7% |
| Taxes | 450/3 | €137,012 | €104,083 | -€32,929 | -24.0% |
| Remuneration and social security | 454/9 | €963,418 | €647,584 | -€315,834 | -32.8% |
| Accrued charges and deferred income | 492/3 | €582,532 | €539,069 | -€43,463 | -7.5% |
| Operating income | 70/76A | €19,343,551 | €24,212,205 | +€4.9m | +25.2% |
| Turnover | 70 | €18,901,654 | €23,824,169 | +€4.9m | +26.0% |
| Own construction capitalised | 72 | €370,531 | €376,999 | +€6,468 | +1.7% |
| Other operating income | 74 | €55,278 | €11,037 | -€44,241 | -80.0% |
| Non-recurring operating income | 76A | €16,089 | - | -€16,089 | |
| Operating charges | 60/66A | €16,993,120 | €20,999,957 | +€4.0m | +23.6% |
| Services and other goods | 61 | €9,544,675 | €11,078,242 | +€1.5m | +16.1% |
| Remuneration, social security and pensions | 62 | €4,938,079 | €6,077,388 | +€1.1m | +23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,180,436 | €3,698,760 | +€1.5m | +69.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €278,085 | €72,513 | -€205,572 | -73.9% |
| Other operating charges | 640/8 | €27,744 | €284,354 | +€256,610 | +924.9% |
| Operating profit (loss) | 9901 | €2,350,431 | €3,212,248 | +€861,817 | +36.7% |
| Financial income | 75/76B | €94,584 | €28,369 | -€66,215 | -70.0% |
| Recurring financial income | 75 | €94,584 | €28,369 | -€66,215 | -70.0% |
| Other financial income | 752/9 | €94,584 | €28,369 | -€66,215 | -70.0% |
| Financial charges | 65/66B | €44,618 | €43,877 | -€741 | -1.7% |
| Recurring financial charges | 65 | €44,618 | €43,877 | -€741 | -1.7% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€16,625 | -€3,146 | +€13,479 | +81.1% |
| Other financial charges | 652/9 | €61,243 | €47,023 | -€14,220 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €2,400,398 | €3,196,740 | +€796,342 | +33.2% |
| Income taxes | 67/77 | €16,052 | €58,088 | +€42,036 | +261.9% |
| Taxes | 670/3 | €16,052 | €58,088 | +€42,036 | +261.9% |
| Profit (loss) for the period | 9904 | €2,384,346 | €3,138,652 | +€754,306 | +31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,384,346 | €3,138,652 | +€754,306 | +31.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.