AMIR: 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.
AMIR
Largest movements
- Stocks and contracts +€133,798
up €133,798 (+37.8%), from €353,719 to €487,517
- Receivables within one year -€87,751
down €87,751 (-64.8%), from €135,350 to €47,599
of which Other amounts receivable: -€86,603
- Tangible fixed assets +€69,181
up €69,181 (+103.5%), from €66,836 to €136,017
of which Other tangible fixed assets: +€82,023
- Profit (loss) carried forward +€56,587
up €56,587 (+15.0%), from €378,131 to €434,719
- Trade debts +€46,717
up €46,717 (+36.5%), from €127,925 to €174,642
- Other debts +€17,903
up €17,903 (+324.1%), from €5,523 to €23,426
- Tax, wage and social debts -€8,012
down €8,012 (-6.2%), from €128,565 to €120,553
of which Taxes: -€8,081
- Gross operating margin -€53,161
down €53,161 (-12.3%), from €431,832 to €378,671
- Taxes -€19,390
down €19,390 (-46.8%), from €41,472 to €22,082
- Depreciation +€14,456
up €14,456 (+92.3%), from €15,661 to €30,117
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 | €661,856 | €773,791 | +€111,934 | +16.9% |
| Fixed assets | 21/28 | €121,409 | €190,590 | +€69,181 | +57.0% |
| Tangible fixed assets | 22/27 | €66,836 | €136,017 | +€69,181 | +103.5% |
| Furniture and vehicles | 24 | €50,313 | €37,470 | -€12,843 | -25.5% |
| Other tangible fixed assets | 26 | €16,524 | €98,547 | +€82,023 | +496.4% |
| Financial fixed assets | 28 | €54,573 | €54,573 | = | 0.0% |
| Current assets | 29/58 | €540,447 | €583,201 | +€42,754 | +7.9% |
| Stocks and contracts in progress | 3 | €353,719 | €487,517 | +€133,798 | +37.8% |
| Stocks | 30/36 | €353,719 | €487,517 | +€133,798 | +37.8% |
| Amounts receivable within one year | 40/41 | €135,350 | €47,599 | -€87,751 | -64.8% |
| Trade receivables | 40 | €35,589 | €34,441 | -€1,147 | -3.2% |
| Other amounts receivable | 41 | €99,761 | €13,158 | -€86,603 | -86.8% |
| Cash at bank and in hand | 54/58 | €50,347 | €45,607 | -€4,740 | -9.4% |
| Deferred charges and accrued income | 490/1 | €1,031 | €2,478 | +€1,447 | +140.3% |
| Total equity and liabilities | 10/49 | €661,856 | €773,791 | +€111,934 | +16.9% |
| Equity | 10/15 | €398,583 | €455,170 | +€56,587 | +14.2% |
| Contributions | 10/11 | €18,592 | €20,451 | +€1,859 | +10.0% |
| Reserves | 13 | €1,859 | - | -€1,859 | |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Profit (loss) carried forward | 14 | €378,131 | €434,719 | +€56,587 | +15.0% |
| Amounts payable | 17/49 | €263,274 | €318,621 | +€55,347 | +21.0% |
| Amounts payable within one year | 42/48 | €262,014 | €318,621 | +€56,607 | +21.6% |
| Trade debts | 44 | €127,925 | €174,642 | +€46,717 | +36.5% |
| Suppliers | 440/4 | €127,925 | €174,642 | +€46,717 | +36.5% |
| Taxes, remuneration and social security | 45 | €128,565 | €120,553 | -€8,012 | -6.2% |
| Taxes | 450/3 | €76,896 | €68,815 | -€8,081 | -10.5% |
| Remuneration and social security | 454/9 | €51,669 | €51,738 | +€69 | +0.1% |
| Other amounts payable | 47/48 | €5,523 | €23,426 | +€17,903 | +324.1% |
| Accrued charges and deferred income | 492/3 | €1,260 | - | -€1,260 | |
| Remuneration, social security and pensions | 62 | €262,486 | €264,362 | +€1,877 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,661 | €30,117 | +€14,456 | +92.3% |
| Other operating charges | 640/8 | €1,525 | €1,567 | +€42 | +2.7% |
| Non-recurring operating charges | 66A | €2,164 | €272 | -€1,892 | -87.4% |
| Gross operating margin | 9900 | €431,832 | €378,671 | -€53,161 | -12.3% |
| Operating profit (loss) | 9901 | €149,996 | €82,352 | -€67,644 | -45.1% |
| Financial income | 75/76B | €6 | €0 | -€6 | -97.0% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -97.0% |
| Financial charges | 65/66B | €4,383 | €3,683 | -€700 | -16.0% |
| Recurring financial charges | 65 | €4,383 | €3,683 | -€700 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €145,619 | €78,669 | -€66,950 | -46.0% |
| Income taxes | 67/77 | €41,472 | €22,082 | -€19,390 | -46.8% |
| Profit (loss) for the period | 9904 | €104,148 | €56,587 | -€47,560 | -45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €104,148 | €56,587 | -€47,560 | -45.7% |
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 2 October 2026 via checked.be.