AMGH: 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.
AMGH
Largest movements
- Receivables within one year +€43,019
up €43,019 (+21.0%), from €205,302 to €248,321
of which Trade receivables: +€32,486
- Cash -€32,917
down €32,917 (-54.2%), from €60,738 to €27,821
mainly Receivables within one year (-€43,019) and Tax, wage and social debts (-€25,145)
- Profit (loss) carried forward +€35,061
up €35,061 (+15.8%), from €221,327 to €256,388
- Tax, wage and social debts -€25,145
down €25,145 (-60.9%), from €41,316 to €16,171
- Gross operating margin -€51,122
down €51,122 (-51.8%), from €98,619 to €47,497
- Taxes -€7,937
down €7,937 (-40.4%), from €19,624 to €11,687
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 | €266,643 | €276,559 | +€9,916 | +3.7% |
| Fixed assets | 21/28 | €603 | €417 | -€186 | -30.9% |
| Tangible fixed assets | 22/27 | €603 | €417 | -€186 | -30.9% |
| Furniture and vehicles | 24 | €603 | €417 | -€186 | -30.9% |
| Current assets | 29/58 | €266,040 | €276,142 | +€10,102 | +3.8% |
| Amounts receivable within one year | 40/41 | €205,302 | €248,321 | +€43,019 | +21.0% |
| Trade receivables | 40 | €202,955 | €235,442 | +€32,486 | +16.0% |
| Other amounts receivable | 41 | €2,347 | €12,879 | +€10,532 | +448.8% |
| Cash at bank and in hand | 54/58 | €60,738 | €27,821 | -€32,917 | -54.2% |
| Total equity and liabilities | 10/49 | €266,643 | €276,559 | +€9,916 | +3.7% |
| Equity | 10/15 | €225,327 | €260,388 | +€35,061 | +15.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €221,327 | €256,388 | +€35,061 | +15.8% |
| Amounts payable | 17/49 | €41,316 | €16,171 | -€25,145 | -60.9% |
| Amounts payable within one year | 42/48 | €41,316 | €16,171 | -€25,145 | -60.9% |
| Taxes, remuneration and social security | 45 | €41,316 | €16,171 | -€25,145 | -60.9% |
| Taxes | 450/3 | €41,316 | €16,171 | -€25,145 | -60.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €186 | €186 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €98,619 | €47,497 | -€51,122 | -51.8% |
| Operating profit (loss) | 9901 | €98,046 | €46,911 | -€51,135 | -52.2% |
| Financial income | 75/76B | €147 | €134 | -€12 | -8.5% |
| Recurring financial income | 75 | €147 | €134 | -€12 | -8.5% |
| Financial charges | 65/66B | €73 | €297 | +€224 | +307.1% |
| Recurring financial charges | 65 | €73 | €297 | +€224 | +307.1% |
| Profit (loss) for the period before taxes | 9903 | €98,120 | €46,748 | -€51,371 | -52.4% |
| Income taxes | 67/77 | €19,624 | €11,687 | -€7,937 | -40.4% |
| Profit (loss) for the period | 9904 | €78,496 | €35,061 | -€43,435 | -55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €78,496 | €35,061 | -€43,435 | -55.3% |
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 4 October 2026 via checked.be.