AMJECO: 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.
AMJECO
Largest movements
- Cash +€4,683
up €4,683 (+11.7%), from €39,960 to €44,643
mainly Net result for the year (+€6,549) and Trade debts (+€668)
- Receivables within one year +€2,119
up €2,119 (+17.3%), from €12,282 to €14,402
of which Trade receivables: +€1,878
- Tangible fixed assets +€1,037
up €1,037 (+47.7%), from €2,175 to €3,212
of which Furniture and vehicles: +€1,503
- Profit (loss) carried forward +€6,549
up €6,549 (+96.5%), from -€6,789 to -€239
- Trade debts +€668
up €668 (+234.0%), from €286 to €954
- Gross operating margin +€588
up €588 (+5.4%), from €10,978 to €11,566
- Financial charges +€529
up €529 (+39.0%), from €1,357 to €1,886
- Other operating charges -€354
down €354 (-47.0%), from €754 to €400
- Taxes +€316
up €316 (+16.3%), from €1,941 to €2,257
- Depreciation -€245
down €245 (-34.1%), from €719 to €474
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 | €57,511 | €65,305 | +€7,794 | +13.6% |
| Fixed assets | 21/28 | €2,175 | €3,212 | +€1,037 | +47.7% |
| Tangible fixed assets | 22/27 | €2,175 | €3,212 | +€1,037 | +47.7% |
| Plant, machinery and equipment | 23 | €2,175 | €1,709 | -€466 | -21.4% |
| Furniture and vehicles | 24 | €0 | €1,503 | +€1,503 | |
| Current assets | 29/58 | €55,336 | €62,093 | +€6,756 | +12.2% |
| Amounts receivable within one year | 40/41 | €12,282 | €14,402 | +€2,119 | +17.3% |
| Trade receivables | 40 | €9,777 | €11,655 | +€1,878 | +19.2% |
| Other amounts receivable | 41 | €2,505 | €2,747 | +€242 | +9.6% |
| Cash at bank and in hand | 54/58 | €39,960 | €44,643 | +€4,683 | +11.7% |
| Deferred charges and accrued income | 490/1 | €3,094 | €3,048 | -€46 | -1.5% |
| Total equity and liabilities | 10/49 | €57,511 | €65,305 | +€7,794 | +13.6% |
| Equity | 10/15 | €42,361 | €48,910 | +€6,549 | +15.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €44,150 | €44,150 | = | 0.0% |
| Distributable reserves | 133 | €44,150 | €44,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,789 | -€239 | +€6,549 | +96.5% |
| Amounts payable | 17/49 | €15,150 | €16,394 | +€1,244 | +8.2% |
| Amounts payable within one year | 42/48 | €15,150 | €16,394 | +€1,244 | +8.2% |
| Trade debts | 44 | €286 | €954 | +€668 | +234.0% |
| Suppliers | 440/4 | €286 | €954 | +€668 | +234.0% |
| Taxes, remuneration and social security | 45 | €6,974 | €7,115 | +€141 | +2.0% |
| Taxes | 450/3 | €4,974 | €4,013 | -€961 | -19.3% |
| Remuneration and social security | 454/9 | €2,000 | €3,103 | +€1,103 | +55.1% |
| Other amounts payable | 47/48 | €7,891 | €8,325 | +€435 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €719 | €474 | -€245 | -34.1% |
| Other operating charges | 640/8 | €754 | €400 | -€354 | -47.0% |
| Gross operating margin | 9900 | €10,978 | €11,566 | +€588 | +5.4% |
| Operating profit (loss) | 9901 | €9,505 | €10,692 | +€1,187 | +12.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €1,357 | €1,886 | +€529 | +39.0% |
| Recurring financial charges | 65 | €1,357 | €1,886 | +€529 | +39.0% |
| Profit (loss) for the period before taxes | 9903 | €8,148 | €8,806 | +€658 | +8.1% |
| Income taxes | 67/77 | €1,941 | €2,257 | +€316 | +16.3% |
| Profit (loss) for the period | 9904 | €6,208 | €6,549 | +€342 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,208 | €6,549 | +€342 | +5.5% |
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 6 October 2026 via checked.be.