AMGELEC: 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.
AMGELEC
Largest movements
- Deferred charges and accrued income -€15,525
down €15,525 (-77.5%), from €20,028 to €4,503
- Receivables within one year +€10,895
up €10,895 (+28.4%), from €38,421 to €49,316
of which Other amounts receivable: +€10,439
- Cash +€9,814
up €9,814 (+119%), from €8,222 to €18,036
mainly Deferred charges and accrued income (+€15,525) and Depreciation (+€4,005)
- Tangible fixed assets -€3,977
down €3,977 (-47.2%), from €8,424 to €4,447
of which Furniture and vehicles: -€3,830
- Trade debts +€2,405
up €2,405 (+17.1%), from €14,054 to €16,458
- Tax, wage and social debts -€1,356
down €1,356 (-19.5%), from €6,965 to €5,609
- Turnover -€273,558
no longer reported in 2025 (was €273,558)
- Purchases and services -€249,438
no longer reported in 2025 (was €249,438)
- Gross operating margin -€8,737
down €8,737 (-36.2%), from €24,120 to €15,382
- Other operating charges -€3,461
down €3,461 (-45.4%), from €7,625 to €4,164
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 | €76,422 | €77,602 | +€1,179 | +1.5% |
| Fixed assets | 21/28 | €9,752 | €5,747 | -€4,005 | -41.1% |
| Intangible fixed assets | 21 | €28 | - | -€28 | |
| Tangible fixed assets | 22/27 | €8,424 | €4,447 | -€3,977 | -47.2% |
| Plant, machinery and equipment | 23 | €445 | €298 | -€147 | -33.0% |
| Furniture and vehicles | 24 | €7,980 | €4,150 | -€3,830 | -48.0% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €66,670 | €71,854 | +€5,184 | +7.8% |
| Amounts receivable within one year | 40/41 | €38,421 | €49,316 | +€10,895 | +28.4% |
| Trade receivables | 40 | €1,734 | €2,191 | +€457 | +26.3% |
| Other amounts receivable | 41 | €36,687 | €47,125 | +€10,439 | +28.5% |
| Cash at bank and in hand | 54/58 | €8,222 | €18,036 | +€9,814 | +119% |
| Deferred charges and accrued income | 490/1 | €20,028 | €4,503 | -€15,525 | -77.5% |
| Total equity and liabilities | 10/49 | €76,422 | €77,602 | +€1,179 | +1.5% |
| Equity | 10/15 | €55,404 | €55,534 | +€130 | +0.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,404 | €35,534 | +€130 | +0.4% |
| Amounts payable | 17/49 | €21,018 | €22,067 | +€1,049 | +5.0% |
| Amounts payable within one year | 42/48 | €21,018 | €22,067 | +€1,049 | +5.0% |
| Trade debts | 44 | €14,054 | €16,458 | +€2,405 | +17.1% |
| Suppliers | 440/4 | €14,054 | €16,458 | +€2,405 | +17.1% |
| Taxes, remuneration and social security | 45 | €6,965 | €5,609 | -€1,356 | -19.5% |
| Taxes | 450/3 | €6,965 | €5,609 | -€1,356 | -19.5% |
| Turnover | 70 | €273,558 | - | -€273,558 | |
| Goods, raw materials, services and sundry goods | 60/61 | €249,438 | - | -€249,438 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,308 | €4,005 | -€303 | -7.0% |
| Other operating charges | 640/8 | €7,625 | €4,164 | -€3,461 | -45.4% |
| Gross operating margin | 9900 | €24,120 | €15,382 | -€8,737 | -36.2% |
| Operating profit (loss) | 9901 | €12,187 | €7,214 | -€4,974 | -40.8% |
| Financial income | 75/76B | €1,569 | €1,526 | -€43 | -2.7% |
| Recurring financial income | 75 | €1,569 | €1,526 | -€43 | -2.7% |
| Financial charges | 65/66B | €2,136 | €3,000 | +€864 | +40.4% |
| Recurring financial charges | 65 | €2,136 | €3,000 | +€864 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | €11,620 | €5,740 | -€5,880 | -50.6% |
| Income taxes | 67/77 | €5,017 | €5,609 | +€592 | +11.8% |
| Profit (loss) for the period | 9904 | €6,603 | €130 | -€6,473 | -98.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,603 | €130 | -€6,473 | -98.0% |
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 17 October 2026 via checked.be.