AMICIS: 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.
AMICIS
Largest movements
- Tangible fixed assets -€183,697
down €183,697 (-10.5%), from €1.8m to €1.6m
of which Plant, machinery and equipment: -€139,840
- Cash +€36,859
up €36,859 (+307%), from €12,015 to €48,874
mainly Depreciation (+€227,036) and Tax, wage and social debts (+€50,819)
- Receivables within one year +€32,494
up €32,494 (+16.6%), from €195,981 to €228,475
of which Trade receivables: +€34,556
- Intangible fixed assets -€25,199
down €25,199 (-29.5%), from €85,296 to €60,097
- Debts after one year -€260,855
down €260,855 (-19.8%), from €1.3m to €1.1m
of which Financial debts: -€163,265
- Tax, wage and social debts +€50,819
up €50,819 (+78.3%), from €64,925 to €115,744
of which Taxes: +€41,706
- Trade debts +€35,336
up €35,336 (+73.3%), from €48,205 to €83,542
- Current portion of long-term debt +€24,658
up €24,658 (+12.4%), from €198,606 to €223,265
- Profit (loss) carried forward +€24,073
up €24,073 (+21.8%), from €110,421 to €134,494
- Turnover +€241,868
up €241,868 (+21.2%), from €1.1m to €1.4m
- Gross operating margin +€133,805
up €133,805 (+38.7%), from €345,545 to €479,350
- Purchases and services +€108,063
up €108,063 (+13.6%), from €793,773 to €901,837
- Staff costs +€49,023
up €49,023 (+35.6%), from €137,675 to €186,697
- Depreciation +€34,298
up €34,298 (+17.8%), from €192,738 to €227,036
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 | €2,252,340 | €2,113,984 | -€138,356 | -6.1% |
| Fixed assets | 21/28 | €1,841,154 | €1,632,258 | -€208,896 | -11.3% |
| Intangible fixed assets | 21 | €85,296 | €60,097 | -€25,199 | -29.5% |
| Tangible fixed assets | 22/27 | €1,755,858 | €1,572,161 | -€183,697 | -10.5% |
| Plant, machinery and equipment | 23 | €1,576,783 | €1,436,943 | -€139,840 | -8.9% |
| Furniture and vehicles | 24 | €77,195 | €53,714 | -€23,480 | -30.4% |
| Leasing and similar rights | 25 | €101,880 | €81,504 | -€20,376 | -20.0% |
| Current assets | 29/58 | €411,186 | €481,726 | +€70,539 | +17.2% |
| Stocks and contracts in progress | 3 | €178,144 | €182,739 | +€4,594 | +2.6% |
| Stocks | 30/36 | €178,144 | €182,739 | +€4,594 | +2.6% |
| Amounts receivable within one year | 40/41 | €195,981 | €228,475 | +€32,494 | +16.6% |
| Trade receivables | 40 | €193,887 | €228,443 | +€34,556 | +17.8% |
| Other amounts receivable | 41 | €2,094 | €32 | -€2,062 | -98.5% |
| Cash at bank and in hand | 54/58 | €12,015 | €48,874 | +€36,859 | +307% |
| Deferred charges and accrued income | 490/1 | €25,046 | €21,639 | -€3,408 | -13.6% |
| Total equity and liabilities | 10/49 | €2,252,340 | €2,113,984 | -€138,356 | -6.1% |
| Equity | 10/15 | €585,115 | €600,144 | +€15,030 | +2.6% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €12,680 | €12,680 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,680 | €12,680 | = | 0.0% |
| Legal reserve | 130 | €12,680 | €12,680 | = | 0.0% |
| Profit (loss) carried forward | 14 | €110,421 | €134,494 | +€24,073 | +21.8% |
| Investment grants | 15 | €62,014 | €52,970 | -€9,044 | -14.6% |
| Provisions and deferred taxes | 16 | €22,937 | €19,592 | -€3,345 | -14.6% |
| Deferred taxes | 168 | €22,937 | €19,592 | -€3,345 | -14.6% |
| Amounts payable | 17/49 | €1,644,289 | €1,494,248 | -€150,041 | -9.1% |
| Amounts payable after more than one year | 17 | €1,318,324 | €1,057,468 | -€260,855 | -19.8% |
| Financial debts | 170/4 | €267,170 | €103,906 | -€163,265 | -61.1% |
| Other amounts payable | 178/9 | €1,051,153 | €953,563 | -€97,591 | -9.3% |
| Amounts payable within one year | 42/48 | €325,965 | €436,779 | +€110,814 | +34.0% |
| Current portion of amounts payable after more than one year | 42 | €198,606 | €223,265 | +€24,658 | +12.4% |
| Trade debts | 44 | €48,205 | €83,542 | +€35,336 | +73.3% |
| Suppliers | 440/4 | €48,205 | €83,542 | +€35,336 | +73.3% |
| Taxes, remuneration and social security | 45 | €64,925 | €115,744 | +€50,819 | +78.3% |
| Taxes | 450/3 | €43,636 | €85,342 | +€41,706 | +95.6% |
| Remuneration and social security | 454/9 | €21,289 | €30,402 | +€9,113 | +42.8% |
| Other amounts payable | 47/48 | €14,229 | €14,229 | = | 0.0% |
| Turnover | 70 | €1,139,319 | €1,381,187 | +€241,868 | +21.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €793,773 | €901,837 | +€108,063 | +13.6% |
| Remuneration, social security and pensions | 62 | €137,675 | €186,697 | +€49,023 | +35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €192,738 | €227,036 | +€34,298 | +17.8% |
| Other operating charges | 640/8 | €2,056 | €1,908 | -€149 | -7.2% |
| Gross operating margin | 9900 | €345,545 | €479,350 | +€133,805 | +38.7% |
| Operating profit (loss) | 9901 | €13,076 | €63,710 | +€50,633 | +387% |
| Financial income | 75/76B | €10,199 | €9,981 | -€218 | -2.1% |
| Recurring financial income | 75 | €9,044 | €9,044 | = | 0.0% |
| Non-recurring financial income | 76B | €1,156 | €938 | -€218 | -18.9% |
| Financial charges | 65/66B | €19,670 | €43,546 | +€23,876 | +121% |
| Recurring financial charges | 65 | €19,670 | €43,546 | +€23,876 | +121% |
| Profit (loss) for the period before taxes | 9903 | €3,606 | €30,145 | +€26,539 | +736% |
| Transfer from deferred taxes | 780 | €3,345 | €3,345 | = | 0.0% |
| Income taxes | 67/77 | - | €9,416 | +€9,416 | |
| Profit (loss) for the period | 9904 | €6,951 | €24,073 | +€17,123 | +246% |
| Profit (loss) for the period to be appropriated | 9905 | €6,951 | €24,073 | +€17,123 | +246% |
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 15 October 2026 via checked.be.