AMJ GROUP: 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.
AMJ GROUP
Largest movements
- Tangible fixed assets +€54,934
up €54,934 (+129%), from €42,491 to €97,424
of which Land and buildings: +€45,665
- Cash -€8,252
down €8,252 (-78.8%), from €10,466 to €2,214
mainly Investment in fixed assets (net) (-€66,433) and Contributions, distributions and other (-€26,900)
- Receivables within one year +€8,227
up €8,227 (+75.0%), from €10,975 to €19,202
of which Trade receivables: +€9,072
- Other debts +€38,869
up €38,869 (+374%), from €10,379 to €49,248
- Trade debts +€4,747
up €4,747 (+331%), from €1,434 to €6,181
- Debts after one year +€4,119
new in 2025: €4,119
- Current portion of long-term debt +€3,653
new in 2025: €3,653
- Tax, wage and social debts +€1,842
up €1,842 (+12.3%), from €14,946 to €16,788
of which Taxes: +€2,042
- Gross operating margin +€28,356
up €28,356 (+90.5%), from €31,326 to €59,682
- Depreciation +€6,973
up €6,973 (+154%), from €4,526 to €11,499
- Taxes +€4,470
up €4,470 (+65.0%), from €6,872 to €11,342
- Other operating charges +€3,025
up €3,025 (+352%), from €858 to €3,884
- Staff costs +€2,625
new in 2025: €2,625
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.
Derived cash bridge
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 | €66,458 | €121,367 | +€54,909 | +82.6% |
| Fixed assets | 21/28 | €45,017 | €99,950 | +€54,934 | +122% |
| Tangible fixed assets | 22/27 | €42,491 | €97,424 | +€54,934 | +129% |
| Land and buildings | 22 | €34,941 | €80,605 | +€45,665 | +131% |
| Furniture and vehicles | 24 | €7,550 | €16,819 | +€9,269 | +123% |
| Financial fixed assets | 28 | €2,526 | €2,526 | = | 0.0% |
| Current assets | 29/58 | €21,441 | €21,416 | -€25 | -0.1% |
| Amounts receivable within one year | 40/41 | €10,975 | €19,202 | +€8,227 | +75.0% |
| Trade receivables | 40 | - | €9,072 | +€9,072 | |
| Other amounts receivable | 41 | €10,975 | €10,130 | -€845 | -7.7% |
| Cash at bank and in hand | 54/58 | €10,466 | €2,214 | -€8,252 | -78.8% |
| Total equity and liabilities | 10/49 | €66,458 | €121,367 | +€54,909 | +82.6% |
| Equity | 10/15 | €39,699 | €41,378 | +€1,679 | +4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,239 | €20,918 | +€1,679 | +8.7% |
| Amounts payable | 17/49 | €26,759 | €79,989 | +€53,230 | +199% |
| Amounts payable after more than one year | 17 | - | €4,119 | +€4,119 | |
| Financial debts | 170/4 | - | €4,119 | +€4,119 | |
| Amounts payable within one year | 42/48 | €26,759 | €75,870 | +€49,111 | +184% |
| Current portion of amounts payable after more than one year | 42 | - | €3,653 | +€3,653 | |
| Trade debts | 44 | €1,434 | €6,181 | +€4,747 | +331% |
| Suppliers | 440/4 | €1,434 | €6,181 | +€4,747 | +331% |
| Taxes, remuneration and social security | 45 | €14,946 | €16,788 | +€1,842 | +12.3% |
| Taxes | 450/3 | €2,495 | €4,537 | +€2,042 | +81.8% |
| Remuneration and social security | 454/9 | €12,451 | €12,251 | -€200 | -1.6% |
| Other amounts payable | 47/48 | €10,379 | €49,248 | +€38,869 | +374% |
| Remuneration, social security and pensions | 62 | - | €2,625 | +€2,625 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,526 | €11,499 | +€6,973 | +154% |
| Other operating charges | 640/8 | €858 | €3,884 | +€3,025 | +352% |
| Gross operating margin | 9900 | €31,326 | €59,682 | +€28,356 | +90.5% |
| Operating profit (loss) | 9901 | €25,941 | €41,674 | +€15,733 | +60.7% |
| Financial income | 75/76B | €7 | €0 | -€7 | -99.9% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -99.9% |
| Financial charges | 65/66B | €62 | €1,754 | +€1,691 | +2,719% |
| Recurring financial charges | 65 | €62 | €1,754 | +€1,691 | +2,719% |
| Profit (loss) for the period before taxes | 9903 | €25,886 | €39,920 | +€14,034 | +54.2% |
| Income taxes | 67/77 | €6,872 | €11,342 | +€4,470 | +65.0% |
| Profit (loss) for the period | 9904 | €19,014 | €28,579 | +€9,565 | +50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,014 | €28,579 | +€9,565 | +50.3% |
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 15 October 2026 via checked.be.