AMGS: 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.
AMGS
Largest movements
- Cash -€16,552
down €16,552 (-48.8%), from €33,950 to €17,398
mainly Other debts (-€52,314) and Investment in fixed assets (net) (-€28,806)
- Tangible fixed assets -€13,917
down €13,917 (-13.6%), from €102,261 to €88,344
of which Furniture and vehicles: -€11,183
- Other debts -€52,314
down €52,314 (-71.1%), from €73,576 to €21,262
- Profit (loss) carried forward +€23,295
up €23,295 (+82.4%), from €28,285 to €51,580
- Gross operating margin +€15,695
up €15,695 (+26.4%), from €59,508 to €75,203
- Depreciation +€4,587
up €4,587 (+12.0%), from €38,136 to €42,723
- Taxes +€1,937
up €1,937 (+32.2%), from €6,013 to €7,950
- Other operating charges +€930
up €930 (+153.2%), from €607 to €1,537
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 | €155,977 | €126,101 | -€29,876 | -19.2% |
| Fixed assets | 21/28 | €102,261 | €88,344 | -€13,917 | -13.6% |
| Tangible fixed assets | 22/27 | €102,261 | €88,344 | -€13,917 | -13.6% |
| Land and buildings | 22 | €12,557 | €10,887 | -€1,670 | -13.3% |
| Plant, machinery and equipment | 23 | €8,594 | €7,530 | -€1,064 | -12.4% |
| Furniture and vehicles | 24 | €81,110 | €69,927 | -€11,183 | -13.8% |
| Current assets | 29/58 | €53,716 | €37,757 | -€15,959 | -29.7% |
| Amounts receivable within one year | 40/41 | €17,909 | €17,909 | = | 0.0% |
| Trade receivables | 40 | €17,908 | €17,908 | = | 0.0% |
| Other amounts receivable | 41 | €1 | €1 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €33,950 | €17,398 | -€16,552 | -48.8% |
| Deferred charges and accrued income | 490/1 | €1,857 | €2,450 | +€593 | +31.9% |
| Total equity and liabilities | 10/49 | €155,977 | €126,101 | -€29,876 | -19.2% |
| Equity | 10/15 | €57,785 | €81,080 | +€23,295 | +40.3% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €22,500 | €22,500 | = | 0.0% |
| Distributable reserves | 133 | €22,500 | €22,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,285 | €51,580 | +€23,295 | +82.4% |
| Amounts payable | 17/49 | €98,192 | €45,021 | -€53,171 | -54.2% |
| Amounts payable within one year | 42/48 | €97,461 | €44,290 | -€53,171 | -54.6% |
| Trade debts | 44 | €1,749 | €1,784 | +€35 | +2.0% |
| Suppliers | 440/4 | €1,749 | €1,784 | +€35 | +2.0% |
| Taxes, remuneration and social security | 45 | €22,136 | €21,244 | -€892 | -4.0% |
| Taxes | 450/3 | €22,136 | €21,244 | -€892 | -4.0% |
| Other amounts payable | 47/48 | €73,576 | €21,262 | -€52,314 | -71.1% |
| Accrued charges and deferred income | 492/3 | €731 | €731 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,136 | €42,723 | +€4,587 | +12.0% |
| Other operating charges | 640/8 | €607 | €1,537 | +€930 | +153.2% |
| Gross operating margin | 9900 | €59,508 | €75,203 | +€15,695 | +26.4% |
| Operating profit (loss) | 9901 | €20,765 | €30,943 | +€10,178 | +49.0% |
| Financial income | 75/76B | €201 | €404 | +€203 | +101.0% |
| Recurring financial income | 75 | €201 | €404 | +€203 | +101.0% |
| Financial charges | 65/66B | €109 | €102 | -€7 | -6.4% |
| Recurring financial charges | 65 | €109 | €102 | -€7 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €20,857 | €31,245 | +€10,388 | +49.8% |
| Income taxes | 67/77 | €6,013 | €7,950 | +€1,937 | +32.2% |
| Profit (loss) for the period | 9904 | €14,844 | €23,295 | +€8,451 | +56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,844 | €23,295 | +€8,451 | +56.9% |
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 2 October 2026 via checked.be.