AMIRBAR: 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.
AMIRBAR
Largest movements
- Tangible fixed assets -€59,518
down €59,518 (-4.5%), from €1.3m to €1.3m
- Debts after one year -€147,655
down €147,655 (-26.0%), from €567,746 to €420,091
- Other debts +€85,154
up €85,154 (+62.8%), from €135,508 to €220,662
- Reserves +€23,703
up €23,703 (+18.2%), from €129,915 to €153,618
of which Distributable reserves: +€23,703
- Gross operating margin +€7,504
up €7,504 (+6.9%), from €109,424 to €116,928
- Financial charges -€4,470
down €4,470 (-17.7%), from €25,315 to €20,845
- Taxes +€3,863
up €3,863 (+48.3%), from €7,999 to €11,862
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 | €1,336,520 | €1,273,942 | -€62,578 | -4.7% |
| Fixed assets | 21/28 | €1,324,685 | €1,265,167 | -€59,518 | -4.5% |
| Tangible fixed assets | 22/27 | €1,324,685 | €1,265,167 | -€59,518 | -4.5% |
| Land and buildings | 22 | €1,324,685 | €1,265,167 | -€59,518 | -4.5% |
| Current assets | 29/58 | €11,835 | €8,775 | -€3,059 | -25.9% |
| Cash at bank and in hand | 54/58 | €5,176 | €1,913 | -€3,263 | -63.0% |
| Deferred charges and accrued income | 490/1 | €6,659 | €6,863 | +€204 | +3.1% |
| Total equity and liabilities | 10/49 | €1,336,520 | €1,273,942 | -€62,578 | -4.7% |
| Equity | 10/15 | €379,930 | €403,633 | +€23,704 | +6.2% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €129,915 | €153,618 | +€23,703 | +18.2% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €104,915 | €128,618 | +€23,703 | +22.6% |
| Profit (loss) carried forward | 14 | €15 | €15 | +€1 | +6.3% |
| Amounts payable | 17/49 | €956,590 | €870,308 | -€86,282 | -9.0% |
| Amounts payable after more than one year | 17 | €567,746 | €420,091 | -€147,655 | -26.0% |
| Financial debts | 170/4 | €567,746 | €420,091 | -€147,655 | -26.0% |
| Amounts payable within one year | 42/48 | €387,877 | €450,218 | +€62,340 | +16.1% |
| Current portion of amounts payable after more than one year | 42 | €148,011 | €152,655 | +€4,643 | +3.1% |
| Trade debts | 44 | €67,574 | €54,540 | -€13,035 | -19.3% |
| Suppliers | 440/4 | €67,574 | €54,540 | -€13,035 | -19.3% |
| Advances received on contracts in progress | 46 | €11,000 | €2,500 | -€8,500 | -77.3% |
| Taxes, remuneration and social security | 45 | €25,784 | €19,861 | -€5,923 | -23.0% |
| Taxes | 450/3 | €25,784 | €19,861 | -€5,923 | -23.0% |
| Other amounts payable | 47/48 | €135,508 | €220,662 | +€85,154 | +62.8% |
| Accrued charges and deferred income | 492/3 | €968 | - | -€968 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,518 | €59,518 | = | 0.0% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €109,424 | €116,928 | +€7,504 | +6.9% |
| Operating profit (loss) | 9901 | €48,938 | €56,411 | +€7,473 | +15.3% |
| Financial charges | 65/66B | €25,315 | €20,845 | -€4,470 | -17.7% |
| Recurring financial charges | 65 | €25,315 | €20,845 | -€4,470 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €23,623 | €35,566 | +€11,942 | +50.6% |
| Income taxes | 67/77 | €7,999 | €11,862 | +€3,863 | +48.3% |
| Profit (loss) for the period | 9904 | €15,624 | €23,704 | +€8,080 | +51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,624 | €23,704 | +€8,080 | +51.7% |
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 7 October 2026 via checked.be.