AMIRALE: 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.
AMIRALE
Largest movements
- Tangible fixed assets -€89,559
down €89,559 (-3.3%), from €2.7m to €2.6m
of which Land and buildings: -€71,599
- Debts after one year -€238,139
down €238,139 (-9.7%), from €2.5m to €2.2m
of which Other amounts payable: -€194,762
- Profit (loss) carried forward +€120,327
up €120,327 (+95.5%), from €125,942 to €246,269
- Tax, wage and social debts +€29,285
up €29,285 (+64.4%), from €45,464 to €74,749
- Gross operating margin -€11,757
down €11,757 (-4.0%), from €296,109 to €284,352
- Taxes -€2,965
down €2,965 (-7.6%), from €38,857 to €35,892
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 | €2,689,286 | €2,602,743 | -€86,543 | -3.2% |
| Fixed assets | 21/28 | €2,679,207 | €2,589,648 | -€89,559 | -3.3% |
| Tangible fixed assets | 22/27 | €2,679,207 | €2,589,648 | -€89,559 | -3.3% |
| Land and buildings | 22 | €2,625,229 | €2,553,630 | -€71,599 | -2.7% |
| Furniture and vehicles | 24 | €53,978 | €36,018 | -€17,960 | -33.3% |
| Current assets | 29/58 | €10,079 | €13,095 | +€3,016 | +29.9% |
| Cash at bank and in hand | 54/58 | €5,740 | €8,709 | +€2,969 | +51.7% |
| Deferred charges and accrued income | 490/1 | €4,339 | €4,386 | +€47 | +1.1% |
| Total equity and liabilities | 10/49 | €2,689,286 | €2,602,743 | -€86,543 | -3.2% |
| Equity | 10/15 | €139,942 | €260,269 | +€120,327 | +86.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,942 | €246,269 | +€120,327 | +95.5% |
| Amounts payable | 17/49 | €2,549,344 | €2,342,474 | -€206,870 | -8.1% |
| Amounts payable after more than one year | 17 | €2,457,363 | €2,219,224 | -€238,139 | -9.7% |
| Financial debts | 170/4 | €314,548 | €271,171 | -€43,377 | -13.8% |
| Other amounts payable | 178/9 | €2,142,815 | €1,948,053 | -€194,762 | -9.1% |
| Amounts payable within one year | 42/48 | €91,981 | €119,009 | +€27,028 | +29.4% |
| Current portion of amounts payable after more than one year | 42 | €41,627 | €43,377 | +€1,750 | +4.2% |
| Trade debts | 44 | €4,890 | €883 | -€4,007 | -81.9% |
| Suppliers | 440/4 | €4,890 | €883 | -€4,007 | -81.9% |
| Taxes, remuneration and social security | 45 | €45,464 | €74,749 | +€29,285 | +64.4% |
| Taxes | 450/3 | €45,464 | €74,749 | +€29,285 | +64.4% |
| Accrued charges and deferred income | 492/3 | - | €4,241 | +€4,241 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,559 | €89,559 | = | 0.0% |
| Other operating charges | 640/8 | €24,628 | €23,496 | -€1,132 | -4.6% |
| Gross operating margin | 9900 | €296,109 | €284,352 | -€11,757 | -4.0% |
| Operating profit (loss) | 9901 | €181,922 | €171,297 | -€10,625 | -5.8% |
| Financial charges | 65/66B | €17,624 | €15,078 | -€2,546 | -14.4% |
| Recurring financial charges | 65 | €17,624 | €15,078 | -€2,546 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €164,298 | €156,219 | -€8,079 | -4.9% |
| Income taxes | 67/77 | €38,857 | €35,892 | -€2,965 | -7.6% |
| Profit (loss) for the period | 9904 | €125,441 | €120,327 | -€5,114 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €125,441 | €120,327 | -€5,114 | -4.1% |
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 10 October 2026 via checked.be.