AMGMT: 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.
AMGMT
Largest movements
- Receivables within one year +€20,504
up €20,504 (+551%), from €3,723 to €24,226
of which Trade receivables: +€22,792
- Intangible fixed assets +€11,013
up €11,013 (+30.3%), from €36,302 to €47,315
- Cash -€1,907
down €1,907 (-10.1%), from €18,898 to €16,991
mainly Investment in fixed assets (net) (-€26,797) and Receivables within one year (-€20,504)
- Tangible fixed assets -€1,115
down €1,115 (-31.2%), from €3,573 to €2,458
of which Furniture and vehicles: -€1,062
- Reserves +€20,983
up €20,983 (+47.3%), from €44,383 to €65,365
of which Distributable reserves: +€20,983
- Tax, wage and social debts +€9,725
up €9,725 (+2,357%), from €413 to €10,137
- Accrued charges and deferred income -€1,989
down €1,989 (-100%), from €1,989 to €0
- Trade debts -€1,068
down €1,068 (-51.5%), from €2,073 to €1,006
- Gross operating margin +€29,557
up €29,557 (+160%), from €18,448 to €48,005
- Taxes +€7,564
up €7,564 (+384%), from €1,971 to €9,535
- Depreciation +€4,685
up €4,685 (+38.4%), from €12,215 to €16,900
- Financial income -€561
down €561 (-99.9%), from €561 to €1
of which Non-recurring financial income: -€543
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 | €62,996 | €90,990 | +€27,994 | +44.4% |
| Fixed assets | 21/28 | €39,875 | €49,773 | +€9,897 | +24.8% |
| Intangible fixed assets | 21 | €36,302 | €47,315 | +€11,013 | +30.3% |
| Tangible fixed assets | 22/27 | €3,573 | €2,458 | -€1,115 | -31.2% |
| Plant, machinery and equipment | 23 | €589 | €595 | +€6 | +1.0% |
| Furniture and vehicles | 24 | €2,924 | €1,863 | -€1,062 | -36.3% |
| Other tangible fixed assets | 26 | €59 | €0 | -€59 | -100% |
| Current assets | 29/58 | €23,121 | €41,217 | +€18,097 | +78.3% |
| Amounts receivable within one year | 40/41 | €3,723 | €24,226 | +€20,504 | +551% |
| Trade receivables | 40 | €405 | €23,196 | +€22,792 | +5,633% |
| Other amounts receivable | 41 | €3,318 | €1,030 | -€2,288 | -69.0% |
| Cash at bank and in hand | 54/58 | €18,898 | €16,991 | -€1,907 | -10.1% |
| Deferred charges and accrued income | 490/1 | €500 | €0 | -€500 | -100% |
| Total equity and liabilities | 10/49 | €62,996 | €90,990 | +€27,994 | +44.4% |
| Equity | 10/15 | €56,783 | €77,765 | +€20,983 | +37.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €44,383 | €65,365 | +€20,983 | +47.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €42,523 | €63,505 | +€20,983 | +49.3% |
| Amounts payable | 17/49 | €6,214 | €13,225 | +€7,011 | +113% |
| Amounts payable within one year | 42/48 | €4,224 | €13,225 | +€9,001 | +213% |
| Trade debts | 44 | €2,073 | €1,006 | -€1,068 | -51.5% |
| Suppliers | 440/4 | €2,073 | €1,006 | -€1,068 | -51.5% |
| Taxes, remuneration and social security | 45 | €413 | €10,137 | +€9,725 | +2,357% |
| Taxes | 450/3 | €413 | €10,137 | +€9,725 | +2,357% |
| Other amounts payable | 47/48 | €1,738 | €2,082 | +€344 | +19.8% |
| Accrued charges and deferred income | 492/3 | €1,989 | €0 | -€1,989 | -100% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,215 | €16,900 | +€4,685 | +38.4% |
| Other operating charges | 640/8 | €578 | €152 | -€425 | -73.6% |
| Gross operating margin | 9900 | €18,448 | €48,005 | +€29,557 | +160% |
| Operating profit (loss) | 9901 | €5,656 | €30,954 | +€25,297 | +447% |
| Financial income | 75/76B | €561 | €1 | -€561 | -99.9% |
| Recurring financial income | 75 | €18 | €1 | -€18 | -96.0% |
| Non-recurring financial income | 76B | €543 | - | -€543 | |
| Financial charges | 65/66B | €121 | €437 | +€315 | +260% |
| Recurring financial charges | 65 | €121 | €437 | +€315 | +260% |
| Profit (loss) for the period before taxes | 9903 | €6,096 | €30,518 | +€24,421 | +401% |
| Income taxes | 67/77 | €1,971 | €9,535 | +€7,564 | +384% |
| Profit (loss) for the period | 9904 | €4,125 | €20,983 | +€16,857 | +409% |
| Profit (loss) for the period to be appropriated | 9905 | €4,125 | €20,983 | +€16,857 | +409% |
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 13 October 2026 via checked.be.