AMILCAR: what changed
AMILCAR
Largest movements
- Cash -€18,683
down €18,683 (-65.7%), from €28,437 to €9,753
mainly Debts after one year (-€37,177) and Investment in fixed assets (net) (-€8,753)
- Tangible fixed assets -€2,891
down €2,891 (-4.8%), from €60,371 to €57,480
of which Other tangible fixed assets: -€1,977
- Stocks and contracts +€1,274
up €1,274 (+16.4%), from €7,794 to €9,068
- Debts after one year -€37,177
down €37,177 (-100%), from €37,177 to €0
- Current portion of long-term debt +€22,942
up €22,942 (+161%), from €14,235 to €37,177
- Profit (loss) carried forward -€7,460
new in 2025: -€7,460
- Accrued charges and deferred income +€3,476
up €3,476 (+16.1%), from €21,600 to €25,076
- Other debts -€2,699
down €2,699 (-35.1%), from €7,699 to €5,000
- Gross operating margin -€23,141
down €23,141 (-75.7%), from €30,572 to €7,431
- Taxes -€3,248
down €3,248, from €3,202 to -€47
- Other operating charges +€2,162
up €2,162 (+420%), from €514 to €2,677
- Depreciation +€699
up €699 (+6.3%), from €11,150 to €11,849
- Financial charges -€536
down €536 (-49.6%), from €1,081 to €545
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,784 | €78,789 | -€19,995 | -20.2% |
| Formation expenses | 20 | €205 | €0 | -€205 | -100% |
| Fixed assets | 21/28 | €60,371 | €57,480 | -€2,891 | -4.8% |
| Tangible fixed assets | 22/27 | €60,371 | €57,480 | -€2,891 | -4.8% |
| Plant, machinery and equipment | 23 | €47,741 | €46,437 | -€1,305 | -2.7% |
| Furniture and vehicles | 24 | €1,301 | €1,692 | +€391 | +30.1% |
| Other tangible fixed assets | 26 | €11,329 | €9,352 | -€1,977 | -17.5% |
| Current assets | 29/58 | €38,208 | €21,309 | -€16,899 | -44.2% |
| Stocks and contracts in progress | 3 | €7,794 | €9,068 | +€1,274 | +16.4% |
| Stocks | 30/36 | €7,794 | €9,068 | +€1,274 | +16.4% |
| Amounts receivable within one year | 40/41 | €1,859 | €1,688 | -€171 | -9.2% |
| Trade receivables | 40 | €817 | €1,181 | +€364 | +44.6% |
| Other amounts receivable | 41 | €1,042 | €507 | -€536 | -51.4% |
| Cash at bank and in hand | 54/58 | €28,437 | €9,753 | -€18,683 | -65.7% |
| Deferred charges and accrued income | 490/1 | €119 | €800 | +€681 | +573% |
| Total equity and liabilities | 10/49 | €98,784 | €78,789 | -€19,995 | -20.2% |
| Equity | 10/15 | €11,045 | €3,585 | -€7,460 | -67.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €6,045 | €6,045 | = | 0.0% |
| Distributable reserves | 133 | €6,045 | €6,045 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€7,460 | -€7,460 | |
| Amounts payable | 17/49 | €87,739 | €75,205 | -€12,535 | -14.3% |
| Amounts payable after more than one year | 17 | €37,177 | €0 | -€37,177 | -100% |
| Financial debts | 170/4 | €37,177 | €0 | -€37,177 | -100% |
| Amounts payable within one year | 42/48 | €28,962 | €50,129 | +€21,166 | +73.1% |
| Current portion of amounts payable after more than one year | 42 | €14,235 | €37,177 | +€22,942 | +161% |
| Trade debts | 44 | €2,407 | €3,372 | +€964 | +40.1% |
| Suppliers | 440/4 | €2,407 | €3,372 | +€964 | +40.1% |
| Taxes, remuneration and social security | 45 | €4,621 | €4,579 | -€41 | -0.9% |
| Taxes | 450/3 | €3,202 | €3,155 | -€47 | -1.5% |
| Remuneration and social security | 454/9 | €1,419 | €1,425 | +€5 | +0.4% |
| Other amounts payable | 47/48 | €7,699 | €5,000 | -€2,699 | -35.1% |
| Accrued charges and deferred income | 492/3 | €21,600 | €25,076 | +€3,476 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,150 | €11,849 | +€699 | +6.3% |
| Other operating charges | 640/8 | €514 | €2,677 | +€2,162 | +420% |
| Gross operating margin | 9900 | €30,572 | €7,431 | -€23,141 | -75.7% |
| Operating profit (loss) | 9901 | €18,907 | -€7,095 | -€26,002 | |
| Financial income | 75/76B | €73 | €133 | +€60 | +82.6% |
| Recurring financial income | 75 | €73 | €133 | +€60 | +82.6% |
| Financial charges | 65/66B | €1,081 | €545 | -€536 | -49.6% |
| Recurring financial charges | 65 | €1,081 | €545 | -€536 | -49.6% |
| Profit (loss) for the period before taxes | 9903 | €17,899 | -€7,507 | -€25,406 | |
| Income taxes | 67/77 | €3,202 | -€47 | -€3,248 | |
| Profit (loss) for the period | 9904 | €14,697 | -€7,460 | -€22,158 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,697 | -€7,460 | -€22,158 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.