AMGC: 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.
AMGC
Largest movements
- Receivables within one year -€7,515
down €7,515 (-63.7%), from €11,798 to €4,284
of which Other amounts receivable: -€6,910
- Tangible fixed assets -€6,163
down €6,163 (-26.6%), from €23,142 to €16,979
- Cash +€3,479
up €3,479 (+5.5%), from €63,421 to €66,900
mainly Receivables within one year (+€7,515) and Depreciation (+€6,981)
- Profit (loss) carried forward -€13,255
down €13,255 (-18.0%), from €73,598 to €60,344
- Reserves +€3,253
up €3,253 (+174.9%), from €1,860 to €5,113
- Depreciation -€2,640
down €2,640 (-27.4%), from €9,621 to €6,981
- Gross operating margin -€715
down €715 (-64.2%), from -€1,113 to -€1,828
- Financial charges -€35
down €35 (-44.0%), from €80 to €45
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 | €99,235 | €88,814 | -€10,422 | -10.5% |
| Formation expenses | 20 | €874 | €651 | -€223 | -25.6% |
| Fixed assets | 21/28 | €23,142 | €16,979 | -€6,163 | -26.6% |
| Tangible fixed assets | 22/27 | €23,142 | €16,979 | -€6,163 | -26.6% |
| Plant, machinery and equipment | 23 | €23,142 | €16,979 | -€6,163 | -26.6% |
| Current assets | 29/58 | €75,219 | €71,184 | -€4,035 | -5.4% |
| Amounts receivable within one year | 40/41 | €11,798 | €4,284 | -€7,515 | -63.7% |
| Trade receivables | 40 | €605 | - | -€605 | |
| Other amounts receivable | 41 | €11,193 | €4,284 | -€6,910 | -61.7% |
| Cash at bank and in hand | 54/58 | €63,421 | €66,900 | +€3,479 | +5.5% |
| Total equity and liabilities | 10/49 | €99,235 | €88,814 | -€10,422 | -10.5% |
| Equity | 10/15 | €94,058 | €84,057 | -€10,002 | -10.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €5,113 | +€3,253 | +174.9% |
| Distributable reserves | 133 | €1,860 | €5,113 | +€3,253 | +174.9% |
| Profit (loss) carried forward | 14 | €73,598 | €60,344 | -€13,255 | -18.0% |
| Amounts payable | 17/49 | €5,177 | €4,757 | -€420 | -8.1% |
| Amounts payable within one year | 42/48 | €5,177 | €4,757 | -€420 | -8.1% |
| Trade debts | 44 | €469 | €349 | -€120 | -25.5% |
| Suppliers | 440/4 | €469 | €349 | -€120 | -25.5% |
| Taxes, remuneration and social security | 45 | €713 | €800 | +€87 | +12.2% |
| Taxes | 450/3 | €713 | €800 | +€87 | +12.2% |
| Other amounts payable | 47/48 | €3,995 | €3,608 | -€387 | -9.7% |
| Non-recurring operating income | 76A | €750 | - | -€750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,621 | €6,981 | -€2,640 | -27.4% |
| Non-recurring operating charges | 66A | €2,352 | - | -€2,352 | |
| Gross operating margin | 9900 | -€1,113 | -€1,828 | -€715 | -64.2% |
| Operating profit (loss) | 9901 | -€13,087 | -€8,810 | +€4,277 | +32.7% |
| Financial charges | 65/66B | €80 | €45 | -€35 | -44.0% |
| Recurring financial charges | 65 | €80 | €45 | -€35 | -44.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,167 | -€8,855 | +€4,312 | +32.8% |
| Profit (loss) for the period | 9904 | -€13,167 | -€8,855 | +€4,312 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,167 | -€8,855 | +€4,312 | +32.8% |
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.