AMG RENOV: 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.
AMG RENOV
Largest movements
- Cash +€199,783
up €199,783 (+435%), from €45,963 to €245,745
mainly Net result for the year (+€235,782) and Stocks and contracts (+€148,000)
- Stocks and contracts -€148,000
no longer reported in 2025 (was €148,000)
- Receivables within one year -€90,760
down €90,760 (-20.0%), from €454,592 to €363,831
of which Trade receivables: -€72,728
- Profit (loss) carried forward +€235,782
up €235,782 (+32.8%), from €718,430 to €954,212
- Trade debts -€232,459
down €232,459 (-51.8%), from €448,726 to €216,267
- Other debts -€34,188
down €34,188 (-19.2%), from €177,622 to €143,434
- Current portion of long-term debt -€19,855
no longer reported in 2025 (was €19,855)
- Purchases and services -€492,671
down €492,671 (-28.7%), from €1.7m to €1.2m
- Turnover -€303,264
down €303,264 (-15.0%), from €2.0m to €1.7m
- Gross operating margin +€93,086
up €93,086 (+20.9%), from €444,472 to €537,557
- Taxes -€50,180
down €50,180 (-36.7%), from €136,879 to €86,699
- Staff costs -€47,489
down €47,489 (-17.5%), from €271,943 to €224,454
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 | €1,387,518 | €1,347,812 | -€39,706 | -2.9% |
| Fixed assets | 21/28 | €738,964 | €733,083 | -€5,881 | -0.8% |
| Tangible fixed assets | 22/27 | €738,964 | €733,083 | -€5,881 | -0.8% |
| Land and buildings | 22 | €239,183 | €239,183 | = | 0.0% |
| Furniture and vehicles | 24 | €17,819 | €11,938 | -€5,881 | -33.0% |
| Assets under construction and advance payments | 27 | €481,962 | €481,962 | = | 0.0% |
| Current assets | 29/58 | €648,554 | €614,729 | -€33,825 | -5.2% |
| Stocks and contracts in progress | 3 | €148,000 | - | -€148,000 | |
| Stocks | 30/36 | €148,000 | - | -€148,000 | |
| Amounts receivable within one year | 40/41 | €454,592 | €363,831 | -€90,760 | -20.0% |
| Trade receivables | 40 | €196,551 | €123,823 | -€72,728 | -37.0% |
| Other amounts receivable | 41 | €258,041 | €240,009 | -€18,032 | -7.0% |
| Cash at bank and in hand | 54/58 | €45,963 | €245,745 | +€199,783 | +435% |
| Deferred charges and accrued income | 490/1 | - | €5,152 | +€5,152 | |
| Total equity and liabilities | 10/49 | €1,387,518 | €1,347,812 | -€39,706 | -2.9% |
| Equity | 10/15 | €738,890 | €974,672 | +€235,782 | +31.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €718,430 | €954,212 | +€235,782 | +32.8% |
| Amounts payable | 17/49 | €648,628 | €373,140 | -€275,488 | -42.5% |
| Amounts payable within one year | 42/48 | €648,628 | €373,140 | -€275,488 | -42.5% |
| Current portion of amounts payable after more than one year | 42 | €19,855 | - | -€19,855 | |
| Trade debts | 44 | €448,726 | €216,267 | -€232,459 | -51.8% |
| Suppliers | 440/4 | €448,726 | €216,267 | -€232,459 | -51.8% |
| Advances received on contracts in progress | 46 | €650 | €650 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,776 | €12,790 | +€11,014 | +620% |
| Taxes | 450/3 | €2 | €8,389 | +€8,387 | +399,391% |
| Remuneration and social security | 454/9 | €1,773 | €4,400 | +€2,627 | +148% |
| Other amounts payable | 47/48 | €177,622 | €143,434 | -€34,188 | -19.2% |
| Turnover | 70 | €2,023,637 | €1,720,372 | -€303,264 | -15.0% |
| Non-recurring operating income | 76A | €500 | - | -€500 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,718,682 | €1,226,011 | -€492,671 | -28.7% |
| Remuneration, social security and pensions | 62 | €271,943 | €224,454 | -€47,489 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,145 | €7,651 | +€3,506 | +84.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€10,000 | -€33,369 | -€23,369 | -234% |
| Other operating charges | 640/8 | €6,680 | €9,644 | +€2,964 | +44.4% |
| Gross operating margin | 9900 | €444,472 | €537,557 | +€93,086 | +20.9% |
| Operating profit (loss) | 9901 | €171,704 | €329,178 | +€157,474 | +91.7% |
| Financial income | 75/76B | €4,822 | - | -€4,822 | |
| Recurring financial income | 75 | €4,822 | - | -€4,822 | |
| Financial charges | 65/66B | €2,943 | €6,697 | +€3,754 | +128% |
| Recurring financial charges | 65 | €2,943 | €6,697 | +€3,754 | +128% |
| Profit (loss) for the period before taxes | 9903 | €173,582 | €322,480 | +€148,898 | +85.8% |
| Income taxes | 67/77 | €136,879 | €86,699 | -€50,180 | -36.7% |
| Profit (loss) for the period | 9904 | €36,703 | €235,782 | +€199,078 | +542% |
| Profit (loss) for the period to be appropriated | 9905 | €36,703 | €235,782 | +€199,078 | +542% |
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 23 October 2026 via checked.be.