AMIRI: 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.
AMIRI
Largest movements
- Tangible fixed assets +€147,827
up €147,827 (+163.3%), from €90,527 to €238,354
of which Other tangible fixed assets: +€90,546
- Cash -€32,957
down €32,957 (-95.4%), from €34,559 to €1,602
mainly Investment in fixed assets (net) (-€168,869) and Receivables within one year (-€20,229)
- Receivables within one year +€20,229
up €20,229 (+37.9%), from €53,429 to €73,658
of which Other amounts receivable: +€19,983
- Debts after one year +€121,974
up €121,974 (+142.4%), from €85,664 to €207,639
- Trade debts +€10,028
up €10,028 (+178.1%), from €5,632 to €15,660
- Current portion of long-term debt +€8,061
up €8,061 (+113.6%), from €7,097 to €15,158
- Depreciation +€10,094
up €10,094 (+127.8%), from €7,901 to €17,994
- Gross operating margin -€6,951
down €6,951 (-20.5%), from €33,982 to €27,030
- Financial charges +€6,287
up €6,287 (+180.6%), from €3,480 to €9,767
- Taxes -€4,353
down €4,353 (-92.7%), from €4,695 to €342
- Other operating charges +€886
up €886 (+109.9%), from €806 to €1,692
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 | €179,923 | €321,195 | +€141,272 | +78.5% |
| Fixed assets | 21/28 | €90,537 | €241,412 | +€150,875 | +166.6% |
| Intangible fixed assets | 21 | - | €3,047 | +€3,047 | |
| Tangible fixed assets | 22/27 | €90,527 | €238,354 | +€147,827 | +163.3% |
| Plant, machinery and equipment | 23 | - | €22,224 | +€22,224 | |
| Furniture and vehicles | 24 | €0 | €3,433 | +€3,433 | |
| Leasing and similar rights | 25 | - | €31,625 | +€31,625 | |
| Other tangible fixed assets | 26 | €90,527 | €181,072 | +€90,546 | +100.0% |
| Financial fixed assets | 28 | €10 | €10 | = | 0.0% |
| Current assets | 29/58 | €89,386 | €79,783 | -€9,603 | -10.7% |
| Stocks and contracts in progress | 3 | - | €1,965 | +€1,965 | |
| Stocks | 30/36 | - | €1,965 | +€1,965 | |
| Amounts receivable within one year | 40/41 | €53,429 | €73,658 | +€20,229 | +37.9% |
| Trade receivables | 40 | - | €246 | +€246 | |
| Other amounts receivable | 41 | €53,429 | €73,411 | +€19,983 | +37.4% |
| Cash at bank and in hand | 54/58 | €34,559 | €1,602 | -€32,957 | -95.4% |
| Deferred charges and accrued income | 490/1 | €1,399 | €2,558 | +€1,160 | +82.9% |
| Total equity and liabilities | 10/49 | €179,923 | €321,195 | +€141,272 | +78.5% |
| Equity | 10/15 | €70,654 | €71,325 | +€671 | +0.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €65,654 | €66,325 | +€671 | +1.0% |
| Distributable reserves | 133 | €65,654 | €66,325 | +€671 | +1.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €109,269 | €249,870 | +€140,601 | +128.7% |
| Amounts payable after more than one year | 17 | €85,664 | €207,639 | +€121,974 | +142.4% |
| Financial debts | 170/4 | €85,664 | €207,639 | +€121,974 | +142.4% |
| Amounts payable within one year | 42/48 | €23,605 | €42,231 | +€18,626 | +78.9% |
| Current portion of amounts payable after more than one year | 42 | €7,097 | €15,158 | +€8,061 | +113.6% |
| Financial debts | 43 | - | €1,310 | +€1,310 | |
| Other loans | 439 | - | €1,310 | +€1,310 | |
| Trade debts | 44 | €5,632 | €15,660 | +€10,028 | +178.1% |
| Suppliers | 440/4 | €5,632 | €15,660 | +€10,028 | +178.1% |
| Taxes, remuneration and social security | 45 | €10,876 | €10,104 | -€772 | -7.1% |
| Taxes | 450/3 | €10,876 | €5,354 | -€5,522 | -50.8% |
| Remuneration and social security | 454/9 | - | €4,750 | +€4,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,901 | €17,994 | +€10,094 | +127.8% |
| Other operating charges | 640/8 | €806 | €1,692 | +€886 | +109.9% |
| Gross operating margin | 9900 | €33,982 | €27,030 | -€6,951 | -20.5% |
| Operating profit (loss) | 9901 | €25,275 | €7,344 | -€17,931 | -70.9% |
| Financial income | 75/76B | €2,707 | €3,436 | +€729 | +27.0% |
| Recurring financial income | 75 | €2,707 | €3,436 | +€729 | +27.0% |
| Financial charges | 65/66B | €3,480 | €9,767 | +€6,287 | +180.6% |
| Recurring financial charges | 65 | €3,480 | €9,767 | +€6,287 | +180.6% |
| Profit (loss) for the period before taxes | 9903 | €24,501 | €1,013 | -€23,488 | -95.9% |
| Income taxes | 67/77 | €4,695 | €342 | -€4,353 | -92.7% |
| Profit (loss) for the period | 9904 | €19,806 | €671 | -€19,135 | -96.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,806 | €671 | -€19,135 | -96.6% |
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 11 October 2026 via checked.be.