AMHE: 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.
AMHE
Largest movements
- Cash -€45,094
down €45,094 (-43.1%), from €104,620 to €59,526
mainly Debts after one year (-€65,000) and Tax, wage and social debts (-€5,585)
- Debts after one year -€65,000
down €65,000 (-6.4%), from €1.0m to €942,917
- Financial charges +€17,809
up €17,809 (+102%), from €17,516 to €35,324
- Gross operating margin +€14,006
up €14,006 (+31.2%), from €44,881 to €58,887
- Taxes -€920
down €920 (-13.4%), from €6,854 to €5,933
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 | €1,308,352 | €1,255,113 | -€53,240 | -4.1% |
| Fixed assets | 21/28 | €1,190,224 | €1,184,023 | -€6,201 | -0.5% |
| Tangible fixed assets | 22/27 | €9,870 | €3,670 | -€6,201 | -62.8% |
| Furniture and vehicles | 24 | €9,870 | €3,670 | -€6,201 | -62.8% |
| Financial fixed assets | 28 | €1,180,354 | €1,180,354 | = | 0.0% |
| Current assets | 29/58 | €118,128 | €71,089 | -€47,039 | -39.8% |
| Amounts receivable within one year | 40/41 | €12,221 | €10,254 | -€1,967 | -16.1% |
| Trade receivables | 40 | €9,075 | €9,075 | = | 0.0% |
| Other amounts receivable | 41 | €3,146 | €1,179 | -€1,967 | -62.5% |
| Cash at bank and in hand | 54/58 | €104,620 | €59,526 | -€45,094 | -43.1% |
| Deferred charges and accrued income | 490/1 | €1,286 | €1,309 | +€23 | +1.8% |
| Total equity and liabilities | 10/49 | €1,308,352 | €1,255,113 | -€53,240 | -4.1% |
| Equity | 10/15 | €211,965 | €222,322 | +€10,357 | +4.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €199,565 | €209,922 | +€10,357 | +5.2% |
| Distributable reserves | 133 | €199,565 | €209,922 | +€10,357 | +5.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,096,388 | €1,032,791 | -€63,597 | -5.8% |
| Amounts payable after more than one year | 17 | €1,007,917 | €942,917 | -€65,000 | -6.4% |
| Financial debts | 170/4 | €1,007,917 | €942,917 | -€65,000 | -6.4% |
| Amounts payable within one year | 42/48 | €79,265 | €80,389 | +€1,125 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €65,000 | €65,000 | = | 0.0% |
| Trade debts | 44 | €695 | €2,794 | +€2,099 | +302% |
| Suppliers | 440/4 | €695 | €2,794 | +€2,099 | +302% |
| Taxes, remuneration and social security | 45 | €7,589 | €2,005 | -€5,585 | -73.6% |
| Taxes | 450/3 | €5,449 | €935 | -€4,515 | -82.9% |
| Remuneration and social security | 454/9 | €2,140 | €1,070 | -€1,070 | -50.0% |
| Other amounts payable | 47/48 | €5,981 | €10,591 | +€4,610 | +77.1% |
| Accrued charges and deferred income | 492/3 | €9,206 | €9,485 | +€279 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,201 | €6,201 | = | 0.0% |
| Other operating charges | 640/8 | €752 | €1,072 | +€319 | +42.5% |
| Gross operating margin | 9900 | €44,881 | €58,887 | +€14,006 | +31.2% |
| Operating profit (loss) | 9901 | €37,928 | €51,615 | +€13,686 | +36.1% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €17,516 | €35,324 | +€17,809 | +102% |
| Recurring financial charges | 65 | €17,516 | €35,324 | +€17,809 | +102% |
| Profit (loss) for the period before taxes | 9903 | €20,413 | €16,290 | -€4,122 | -20.2% |
| Income taxes | 67/77 | €6,854 | €5,933 | -€920 | -13.4% |
| Profit (loss) for the period | 9904 | €13,559 | €10,357 | -€3,202 | -23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,559 | €10,357 | -€3,202 | -23.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.