AMGJM: 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.
AMGJM
Largest movements
- Tangible fixed assets -€52,233
down €52,233 (-13.0%), from €402,006 to €349,773
of which Furniture and vehicles: -€33,260
- Receivables after one year -€30,086
no longer reported in 2025 (was €30,086)
- Cash -€8,999
down €8,999 (-60.1%), from €14,984 to €5,984
mainly Other debts (-€120,423) and Contributions, distributions and other (-€30,086)
- Other debts -€120,423
down €120,423 (-39.4%), from €305,538 to €185,115
- Profit (loss) carried forward +€46,665
up €46,665 (+118.2%), from €39,480 to €86,145
- Trade debts -€27,693
down €27,693 (-56.6%), from €48,927 to €21,234
- Tax, wage and social debts +€8,540
up €8,540 (+20.2%), from €42,315 to €50,855
of which Remuneration and social security: +€10,791
- Purchases and services +€370,503
new in 2025: €370,503
- Gross operating margin +€42,458
up €42,458 (+14.9%), from €285,112 to €327,570
- Other operating charges +€38,168
up €38,168 (+1256.6%), from €3,037 to €41,205
- Staff costs -€31,868
down €31,868 (-15.7%), from €203,569 to €171,701
- Depreciation -€14,962
down €14,962 (-36.2%), from €41,357 to €26,395
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 | €470,016 | €377,105 | -€92,911 | -19.8% |
| Fixed assets | 21/28 | €402,006 | €351,983 | -€50,023 | -12.4% |
| Tangible fixed assets | 22/27 | €402,006 | €349,773 | -€52,233 | -13.0% |
| Land and buildings | 22 | €262,457 | €254,109 | -€8,348 | -3.2% |
| Plant, machinery and equipment | 23 | €87,779 | €78,419 | -€9,359 | -10.7% |
| Furniture and vehicles | 24 | €50,505 | €17,245 | -€33,260 | -65.9% |
| Other tangible fixed assets | 26 | €1,265 | - | -€1,265 | |
| Financial fixed assets | 28 | - | €2,210 | +€2,210 | |
| Current assets | 29/58 | €68,010 | €25,121 | -€42,888 | -63.1% |
| Amounts receivable after more than one year | 29 | €30,086 | - | -€30,086 | |
| Trade receivables | 290 | €30,086 | - | -€30,086 | |
| Stocks and contracts in progress | 3 | €5,460 | €3,250 | -€2,210 | -40.5% |
| Stocks | 30/36 | €5,460 | €3,250 | -€2,210 | -40.5% |
| Amounts receivable within one year | 40/41 | €1,968 | €1,630 | -€337 | -17.1% |
| Other amounts receivable | 41 | €1,968 | €1,630 | -€337 | -17.1% |
| Cash at bank and in hand | 54/58 | €14,984 | €5,984 | -€8,999 | -60.1% |
| Deferred charges and accrued income | 490/1 | €15,512 | €14,257 | -€1,255 | -8.1% |
| Total equity and liabilities | 10/49 | €470,016 | €377,105 | -€92,911 | -19.8% |
| Equity | 10/15 | €59,940 | €106,605 | +€46,665 | +77.9% |
| Contributions | 10/11 | €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% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,480 | €86,145 | +€46,665 | +118.2% |
| Amounts payable | 17/49 | €410,076 | €270,500 | -€139,576 | -34.0% |
| Amounts payable within one year | 42/48 | €396,781 | €257,204 | -€139,576 | -35.2% |
| Trade debts | 44 | €48,927 | €21,234 | -€27,693 | -56.6% |
| Suppliers | 440/4 | €48,927 | €21,234 | -€27,693 | -56.6% |
| Taxes, remuneration and social security | 45 | €42,315 | €50,855 | +€8,540 | +20.2% |
| Taxes | 450/3 | €11,314 | €9,063 | -€2,251 | -19.9% |
| Remuneration and social security | 454/9 | €31,002 | €41,793 | +€10,791 | +34.8% |
| Other amounts payable | 47/48 | €305,538 | €185,115 | -€120,423 | -39.4% |
| Accrued charges and deferred income | 492/3 | €13,295 | €13,295 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €370,503 | +€370,503 | |
| Remuneration, social security and pensions | 62 | €203,569 | €171,701 | -€31,868 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,357 | €26,395 | -€14,962 | -36.2% |
| Other operating charges | 640/8 | €3,037 | €41,205 | +€38,168 | +1256.6% |
| Gross operating margin | 9900 | €285,112 | €327,570 | +€42,458 | +14.9% |
| Operating profit (loss) | 9901 | €37,150 | €88,270 | +€51,121 | +137.6% |
| Financial income | 75/76B | €3,201 | €945 | -€2,255 | -70.5% |
| Recurring financial income | 75 | €3,201 | €945 | -€2,255 | -70.5% |
| Financial charges | 65/66B | €870 | €1,364 | +€494 | +56.7% |
| Recurring financial charges | 65 | €870 | €1,364 | +€494 | +56.7% |
| Profit (loss) for the period before taxes | 9903 | €39,480 | €87,852 | +€48,372 | +122.5% |
| Income taxes | 67/77 | - | €11,100 | +€11,100 | |
| Profit (loss) for the period | 9904 | €39,480 | €76,751 | +€37,271 | +94.4% |
| Profit (loss) for the period to be appropriated | 9905 | €39,480 | €76,751 | +€37,271 | +94.4% |
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 6 October 2026 via checked.be.