AMGD MANAGEMENT: 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.
AMGD MANAGEMENT
Largest movements
- Receivables within one year -€8,000
down €8,000 (-40.0%), from €20,000 to €12,000
- Tangible fixed assets -€5,000
down €5,000 (-38.7%), from €12,917 to €7,917
- Cash +€3,939
up €3,939 (+2,010%), from €196 to €4,135
mainly Receivables within one year (+€8,000) and Tax, wage and social debts (+€5,500)
- Trade debts -€13,493
down €13,493 (-63.3%), from €21,303 to €7,810
- Tax, wage and social debts +€5,500
up €5,500 (+110%), from €5,000 to €10,500
- Other debts -€1,462
no longer reported in 2025 (was €1,462)
- Profit (loss) carried forward +€394
up €394 (+13.8%), from €2,848 to €3,242
- Depreciation +€2,917
up €2,917 (+140%), from €2,083 to €5,000
- Other operating charges -€1,907
no longer reported in 2025 (was €1,907)
- Taxes +€776
new in 2025: €776
- Gross operating margin -€654
down €654 (-9.5%), from €6,875 to €6,221
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 | €33,113 | €24,052 | -€9,061 | -27.4% |
| Fixed assets | 21/28 | €12,917 | €7,917 | -€5,000 | -38.7% |
| Tangible fixed assets | 22/27 | €12,917 | €7,917 | -€5,000 | -38.7% |
| Furniture and vehicles | 24 | €12,917 | €7,917 | -€5,000 | -38.7% |
| Current assets | 29/58 | €20,196 | €16,135 | -€4,061 | -20.1% |
| Amounts receivable within one year | 40/41 | €20,000 | €12,000 | -€8,000 | -40.0% |
| Trade receivables | 40 | €20,000 | €12,000 | -€8,000 | -40.0% |
| Cash at bank and in hand | 54/58 | €196 | €4,135 | +€3,939 | +2,010% |
| Total equity and liabilities | 10/49 | €33,113 | €24,052 | -€9,061 | -27.4% |
| Equity | 10/15 | €5,348 | €5,742 | +€394 | +7.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,848 | €3,242 | +€394 | +13.8% |
| Amounts payable | 17/49 | €27,765 | €18,310 | -€9,455 | -34.1% |
| Amounts payable within one year | 42/48 | €27,765 | €18,310 | -€9,455 | -34.1% |
| Trade debts | 44 | €21,303 | €7,810 | -€13,493 | -63.3% |
| Suppliers | 440/4 | €21,303 | €7,810 | -€13,493 | -63.3% |
| Taxes, remuneration and social security | 45 | €5,000 | €10,500 | +€5,500 | +110% |
| Remuneration and social security | 454/9 | €5,000 | €10,500 | +€5,500 | +110% |
| Other amounts payable | 47/48 | €1,462 | - | -€1,462 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,083 | €5,000 | +€2,917 | +140% |
| Other operating charges | 640/8 | €1,907 | - | -€1,907 | |
| Gross operating margin | 9900 | €6,875 | €6,221 | -€654 | -9.5% |
| Operating profit (loss) | 9901 | €2,885 | €1,221 | -€1,664 | -57.7% |
| Financial charges | 65/66B | €37 | €51 | +€14 | +37.8% |
| Recurring financial charges | 65 | €37 | €51 | +€14 | +37.8% |
| Profit (loss) for the period before taxes | 9903 | €2,848 | €1,170 | -€1,678 | -58.9% |
| Income taxes | 67/77 | - | €776 | +€776 | |
| Profit (loss) for the period | 9904 | €2,848 | €394 | -€2,454 | -86.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,848 | €394 | -€2,454 | -86.2% |
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 20 October 2026 via checked.be.