AMICO: 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.
AMICO
Largest movements
- Cash +€14,054
up €14,054 (+187.1%), from €7,511 to €21,565
mainly Depreciation (+€6,932) and Net result for the year (+€6,716)
- Tangible fixed assets -€10,455
down €10,455 (-7.8%), from €133,857 to €123,402
of which Furniture and vehicles: -€6,469
- Receivables within one year +€3,761
up €3,761 (+15.4%), from €24,355 to €28,116
of which Other amounts receivable: +€3,301
- Reserves +€6,716
up €6,716 (+2.5%), from €264,460 to €271,176
- Gross operating margin -€27,010
down €27,010 (-67.1%), from €40,250 to €13,240
- Taxes -€8,929
down €8,929 (-86.1%), from €10,377 to €1,448
- Other operating charges -€1,680
no longer reported in 2025 (was €1,680)
- Depreciation -€1,631
down €1,631 (-19.0%), from €8,563 to €6,932
- Financial income +€712
up €712 (+58.5%), from €1,217 to €1,929
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 | €279,852 | €285,842 | +€5,990 | +2.1% |
| Fixed assets | 21/28 | €166,559 | €156,103 | -€10,455 | -6.3% |
| Tangible fixed assets | 22/27 | €133,857 | €123,402 | -€10,455 | -7.8% |
| Land and buildings | 22 | €20,506 | €17,545 | -€2,962 | -14.4% |
| Plant, machinery and equipment | 23 | €4,582 | €3,558 | -€1,024 | -22.4% |
| Furniture and vehicles | 24 | €12,268 | €5,799 | -€6,469 | -52.7% |
| Other tangible fixed assets | 26 | €96,500 | €96,500 | = | 0.0% |
| Financial fixed assets | 28 | €32,702 | €32,702 | = | 0.0% |
| Current assets | 29/58 | €113,294 | €129,739 | +€16,445 | +14.5% |
| Amounts receivable within one year | 40/41 | €24,355 | €28,116 | +€3,761 | +15.4% |
| Trade receivables | 40 | €1,581 | €2,040 | +€460 | +29.1% |
| Other amounts receivable | 41 | €22,774 | €26,075 | +€3,301 | +14.5% |
| Current investments | 50/53 | €80,058 | €80,058 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,511 | €21,565 | +€14,054 | +187.1% |
| Deferred charges and accrued income | 490/1 | €1,370 | - | -€1,370 | |
| Total equity and liabilities | 10/49 | €279,852 | €285,842 | +€5,990 | +2.1% |
| Equity | 10/15 | €276,960 | €283,676 | +€6,716 | +2.4% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €264,460 | €271,176 | +€6,716 | +2.5% |
| Distributable reserves | 133 | €264,460 | €271,176 | +€6,716 | +2.5% |
| Amounts payable | 17/49 | €2,892 | €2,167 | -€726 | -25.1% |
| Amounts payable within one year | 42/48 | €2,892 | €2,167 | -€726 | -25.1% |
| Trade debts | 44 | €853 | - | -€853 | |
| Suppliers | 440/4 | €853 | - | -€853 | |
| Taxes, remuneration and social security | 45 | €2,039 | €2,167 | +€128 | +6.3% |
| Taxes | 450/3 | €2,039 | €2,167 | +€128 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,563 | €6,932 | -€1,631 | -19.0% |
| Other operating charges | 640/8 | €1,680 | - | -€1,680 | |
| Gross operating margin | 9900 | €40,250 | €13,240 | -€27,010 | -67.1% |
| Operating profit (loss) | 9901 | €30,008 | €6,308 | -€23,699 | -79.0% |
| Financial income | 75/76B | €1,217 | €1,929 | +€712 | +58.5% |
| Recurring financial income | 75 | €1,217 | €1,929 | +€712 | +58.5% |
| Financial charges | 65/66B | €453 | €74 | -€378 | -83.6% |
| Recurring financial charges | 65 | €453 | €74 | -€378 | -83.6% |
| Profit (loss) for the period before taxes | 9903 | €30,772 | €8,163 | -€22,609 | -73.5% |
| Income taxes | 67/77 | €10,377 | €1,448 | -€8,929 | -86.1% |
| Profit (loss) for the period | 9904 | €20,395 | €6,716 | -€13,680 | -67.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,395 | €6,716 | -€13,680 | -67.1% |
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.