Amiens Securities: 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.
What changed
Amiens Securities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€354,147
2024 · €346,145-€700,291
Equity
€260,738
2024 · €2.4m-€2.2m
Cash
€332,622
2024 · €538,828-€206,206
Balance sheet total
€336,654
2024 · €672.5m-€672.2m
Largest movements
Assets
- Financial fixed assets -€510.7m
down €510.7m (-100.0%), from €510.7m to €4,032
- Receivables after one year -€161.3m
no longer reported in 2025 (was €161.3m)
Equity and liabilities
- Debts after one year -€670.0m
no longer reported in 2025 (was €670.0m)
Income statement
- Financial charges +€16.1m
up €16.1m (+27.4%), from €58.7m to €74.8m
- Financial income +€15.5m
up €15.5m (+26.1%), from €59.2m to €74.7m
- Turnover -€73,678
down €73,678 (-45.7%), from €161,276 to €87,598
- Services and other goods +€4,777
up €4,777 (+1.6%), from €292,607 to €297,384
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.
Result 2024
€346,145
Turnover
-€73,678
Services and other goods
-€4,777
Other operating charges
-€33
Financial income
+€15.5m
Financial charges
-€16.1m
Result 2025
-€354,147
raises the resultlowers the result
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.
From operations
+€161.0m
Investment
+€510.7m
Financing
-€671.8m
Cash 2024
€538,828
From operations (derived)
+€161.0m
Net result for the year
-€354,147
Receivables after one year
+€161.3m
Smaller working-capital items
+€79,514
Investment (derived)
+€510.7m
Investment in fixed assets (net)
+€510.7m
Financing
-€671.8m
Debts after one year
-€670.0m
Contributions, distributions and other
-€1.8m
Cash 2025
€332,622
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €672,502,672 | €336,654 | -€672.2m | -99.9% |
| Fixed assets | 21/28 | €510,665,558 | €4,032 | -€510.7m | -100.0% |
| Financial fixed assets | 28 | €510,665,558 | €4,032 | -€510.7m | -100.0% |
| Other financial fixed assets | 284/8 | €510,665,558 | €4,032 | -€510.7m | -100.0% |
| Shares | 284 | €510,661,526 | - | -€510.7m | |
| Amounts receivable and cash guarantees | 285/8 | €4,032 | €4,032 | = | 0.0% |
| Current assets | 29/58 | €161,837,114 | €332,622 | -€161.5m | -99.8% |
| Amounts receivable after more than one year | 29 | €161,256,129 | - | -€161.3m | |
| Other amounts receivable | 291 | €161,256,129 | - | -€161.3m | |
| Amounts receivable within one year | 40/41 | €42,156 | - | -€42,156 | |
| Trade receivables | 40 | €42,156 | - | -€42,156 | |
| Cash at bank and in hand | 54/58 | €538,828 | €332,622 | -€206,206 | -38.3% |
| Total equity and liabilities | 10/49 | €672,502,672 | €336,654 | -€672.2m | -99.9% |
| Equity | 10/15 | €2,426,017 | €260,738 | -€2.2m | -89.3% |
| Contributions | 10/11 | €83,400 | €83,400 | = | 0.0% |
| Capital | 10 | €71,926 | €71,926 | = | 0.0% |
| Issued capital | 100 | €71,926 | €71,926 | = | 0.0% |
| Contributions outside capital | 11 | €11,474 | €11,474 | = | 0.0% |
| Share premium | 1100/10 | €11,474 | €11,474 | = | 0.0% |
| Reserves | 13 | €14,343 | €14,343 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,193 | €7,193 | = | 0.0% |
| Legal reserve | 130 | €7,193 | €7,193 | = | 0.0% |
| Distributable reserves | 133 | €7,150 | €7,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,328,274 | €162,995 | -€2.2m | -93.0% |
| Amounts payable | 17/49 | €670,076,655 | €75,916 | -€670.0m | -100.0% |
| Amounts payable after more than one year | 17 | €670,038,097 | - | -€670.0m | |
| Other amounts payable | 178/9 | €670,038,097 | - | -€670.0m | |
| Amounts payable within one year | 42/48 | €38,558 | €75,916 | +€37,358 | +96.9% |
| Trade debts | 44 | €18,069 | €50,397 | +€32,327 | +179% |
| Suppliers | 440/4 | €18,069 | €50,397 | +€32,327 | +179% |
| Taxes, remuneration and social security | 45 | €20,488 | €21,998 | +€1,509 | +7.4% |
| Taxes | 450/3 | €20,488 | €21,998 | +€1,509 | +7.4% |
| Other amounts payable | 47/48 | - | €3,522 | +€3,522 | |
| Operating income | 70/76A | €161,276 | €87,598 | -€73,678 | -45.7% |
| Turnover | 70 | €161,276 | €87,598 | -€73,678 | -45.7% |
| Operating charges | 60/66A | €293,693 | €298,502 | +€4,810 | +1.6% |
| Services and other goods | 61 | €292,607 | €297,384 | +€4,777 | +1.6% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Operating profit (loss) | 9901 | -€132,417 | -€210,905 | -€78,488 | -59.3% |
| Financial income | 75/76B | €59,223,236 | €74,675,766 | +€15.5m | +26.1% |
| Recurring financial income | 75 | €59,223,236 | €74,675,766 | +€15.5m | +26.1% |
| Income from current assets | 751 | €59,189,398 | €25,452,721 | -€33.7m | -57.0% |
| Other financial income | 752/9 | €33,838 | €49,223,045 | +€49.2m | +145,367% |
| Financial charges | 65/66B | €58,744,674 | €74,819,008 | +€16.1m | +27.4% |
| Recurring financial charges | 65 | €58,744,674 | €74,819,008 | +€16.1m | +27.4% |
| Debt charges | 650 | €58,735,018 | €25,218,039 | -€33.5m | -57.1% |
| Other financial charges | 652/9 | €9,656 | €49,600,969 | +€49.6m | +513,570% |
| Profit (loss) for the period before taxes | 9903 | €346,145 | -€354,147 | -€700,291 | |
| Profit (loss) for the period | 9904 | €346,145 | -€354,147 | -€700,291 | |
| Profit (loss) for the period to be appropriated | 9905 | €346,145 | -€354,147 | -€700,291 |
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 18 October 2026 via checked.be.