AMITIC: 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.
AMITIC
Largest movements
- Stocks and contracts +€338,774
up €338,774 (+3017.6%), from €11,226 to €350,000
- Cash -€135,734
down €135,734 (-28.2%), from €480,820 to €345,086
mainly Stocks and contracts (-€338,774) and Investment in fixed assets (net) (-€89,010)
- Tangible fixed assets -€91,935
down €91,935 (-6.3%), from €1.5m to €1.4m
of which Plant, machinery and equipment: -€118,979
- Receivables within one year -€28,927
down €28,927 (-73.1%), from €39,588 to €10,661
of which Trade receivables: -€25,029
- Reserves +€74,366
up €74,366 (+4.2%), from €1.8m to €1.8m
of which Tax-exempt reserves: +€39,821
- Gross operating margin +€95,943
up €95,943 (+47.8%), from €200,852 to €296,796
- Taxes +€9,811
up €9,811 (+123.1%), from €7,968 to €17,779
- Write-downs -€8,286
new in 2025: -€8,286
- Depreciation -€6,598
down €6,598 (-3.5%), from €187,543 to €180,945
- Financial income +€4,559
up €4,559 (+225705.9%), from €2 to €4,561
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 | €1,995,134 | €2,074,669 | +€79,536 | +4.0% |
| Fixed assets | 21/28 | €1,460,354 | €1,368,419 | -€91,935 | -6.3% |
| Tangible fixed assets | 22/27 | €1,458,551 | €1,366,616 | -€91,935 | -6.3% |
| Land and buildings | 22 | €663,242 | €604,724 | -€58,517 | -8.8% |
| Plant, machinery and equipment | 23 | €122,923 | €3,944 | -€118,979 | -96.8% |
| Furniture and vehicles | 24 | €672,387 | €757,948 | +€85,562 | +12.7% |
| Financial fixed assets | 28 | €1,803 | €1,803 | = | 0.0% |
| Current assets | 29/58 | €534,779 | €706,250 | +€171,470 | +32.1% |
| Stocks and contracts in progress | 3 | €11,226 | €350,000 | +€338,774 | +3017.6% |
| Stocks | 30/36 | €11,226 | €350,000 | +€338,774 | +3017.6% |
| Amounts receivable within one year | 40/41 | €39,588 | €10,661 | -€28,927 | -73.1% |
| Trade receivables | 40 | €35,690 | €10,661 | -€25,029 | -70.1% |
| Other amounts receivable | 41 | €3,898 | €0 | -€3,898 | -100.0% |
| Cash at bank and in hand | 54/58 | €480,820 | €345,086 | -€135,734 | -28.2% |
| Deferred charges and accrued income | 490/1 | €3,145 | €503 | -€2,642 | -84.0% |
| Total equity and liabilities | 10/49 | €1,995,134 | €2,074,669 | +€79,536 | +4.0% |
| Equity | 10/15 | €1,887,363 | €1,961,729 | +€74,366 | +3.9% |
| Contributions | 10/11 | €119,000 | €119,000 | = | 0.0% |
| Capital | 10 | €119,000 | €119,000 | = | 0.0% |
| Issued capital | 100 | €119,000 | €119,000 | = | 0.0% |
| Reserves | 13 | €1,768,341 | €1,842,707 | +€74,366 | +4.2% |
| Non-distributable reserves | 130/1 | €19,000 | €19,000 | = | 0.0% |
| Legal reserve | 130 | €19,000 | €19,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €132,954 | €172,775 | +€39,821 | +30.0% |
| Distributable reserves | 133 | €1,616,387 | €1,650,932 | +€34,545 | +2.1% |
| Profit (loss) carried forward | 14 | €22 | €22 | = | 0.0% |
| Provisions and deferred taxes | 16 | €44,318 | €57,613 | +€13,294 | +30.0% |
| Deferred taxes | 168 | €44,318 | €57,613 | +€13,294 | +30.0% |
| Amounts payable | 17/49 | €63,453 | €55,328 | -€8,125 | -12.8% |
| Amounts payable within one year | 42/48 | €63,453 | €53,320 | -€10,133 | -16.0% |
| Trade debts | 44 | €12,008 | €4,168 | -€7,840 | -65.3% |
| Suppliers | 440/4 | €12,008 | €4,168 | -€7,840 | -65.3% |
| Taxes, remuneration and social security | 45 | €7,153 | €8,359 | +€1,206 | +16.9% |
| Taxes | 450/3 | €7,153 | €8,359 | +€1,206 | +16.9% |
| Other amounts payable | 47/48 | €44,292 | €40,793 | -€3,499 | -7.9% |
| Accrued charges and deferred income | 492/3 | - | €2,008 | +€2,008 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €187,543 | €180,945 | -€6,598 | -3.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€8,286 | -€8,286 | |
| Other operating charges | 640/8 | €20,842 | €19,964 | -€877 | -4.2% |
| Gross operating margin | 9900 | €200,852 | €296,796 | +€95,943 | +47.8% |
| Operating profit (loss) | 9901 | -€7,532 | €104,173 | +€111,705 | |
| Financial income | 75/76B | €2 | €4,561 | +€4,559 | +225705.9% |
| Recurring financial income | 75 | €2 | €4,561 | +€4,559 | +225705.9% |
| Financial charges | 65/66B | €81 | €3,294 | +€3,214 | +3988.8% |
| Recurring financial charges | 65 | €81 | €3,294 | +€3,214 | +3988.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,611 | €105,440 | +€113,051 | |
| Transfer from deferred taxes | 780 | €6,125 | €7,065 | +€940 | +15.4% |
| Transfer to deferred taxes | 680 | €0 | €20,360 | +€20,360 | |
| Income taxes | 67/77 | €7,968 | €17,779 | +€9,811 | +123.1% |
| Profit (loss) for the period | 9904 | -€9,454 | €74,366 | +€83,820 | |
| Transfer from tax-exempt reserves | 789 | €18,375 | €21,259 | +€2,884 | +15.7% |
| Transfer to tax-exempt reserves | 689 | €0 | €61,080 | +€61,080 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,921 | €34,545 | +€25,624 | +287.2% |
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 30 September 2026 via checked.be.