AMK Audenaert: what changed
AMK Audenaert
Largest movements
- Cash +€105,647
up €105,647 (+64.0%), from €164,956 to €270,604
mainly Debts after one year (+€80,219) and Receivables within one year (+€70,600)
- Tangible fixed assets +€75,284
up €75,284 (+46.2%), from €163,019 to €238,303
of which Plant, machinery and equipment: +€53,759
- Receivables within one year -€70,600
down €70,600 (-68.3%), from €103,370 to €32,770
of which Trade receivables: -€73,325
- Debts after one year +€80,219
up €80,219 (+83.3%), from €96,325 to €176,543
- Reserves +€42,195
up €42,195 (+53.4%), from €78,954 to €121,149
of which Distributable reserves: +€42,195
- Other debts -€41,900
down €41,900 (-31.5%), from €132,872 to €90,972
- Trade debts +€29,032
up €29,032 (+147%), from €19,723 to €48,754
- Current portion of long-term debt +€9,915
up €9,915 (+73.6%), from €13,470 to €23,385
- Gross operating margin -€36,336
down €36,336 (-11.5%), from €316,479 to €280,144
- Taxes -€21,642
down €21,642 (-58.2%), from €37,173 to €15,531
- Depreciation +€19,530
up €19,530 (+54.7%), from €35,681 to €55,211
- Staff costs +€15,511
up €15,511 (+11.0%), from €140,967 to €156,478
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €485,557 | €603,863 | +€118,306 | +24.4% |
| Fixed assets | 21/28 | €163,019 | €238,303 | +€75,284 | +46.2% |
| Tangible fixed assets | 22/27 | €163,019 | €238,303 | +€75,284 | +46.2% |
| Land and buildings | 22 | €77,438 | €69,891 | -€7,547 | -9.7% |
| Plant, machinery and equipment | 23 | €77,963 | €131,722 | +€53,759 | +69.0% |
| Furniture and vehicles | 24 | €7,618 | €36,690 | +€29,072 | +382% |
| Current assets | 29/58 | €322,538 | €365,560 | +€43,022 | +13.3% |
| Stocks and contracts in progress | 3 | €43,808 | €48,888 | +€5,080 | +11.6% |
| Stocks | 30/36 | €43,808 | €48,888 | +€5,080 | +11.6% |
| Amounts receivable within one year | 40/41 | €103,370 | €32,770 | -€70,600 | -68.3% |
| Trade receivables | 40 | €92,492 | €19,168 | -€73,325 | -79.3% |
| Other amounts receivable | 41 | €10,878 | €13,603 | +€2,725 | +25.1% |
| Cash at bank and in hand | 54/58 | €164,956 | €270,604 | +€105,647 | +64.0% |
| Deferred charges and accrued income | 490/1 | €10,404 | €13,298 | +€2,894 | +27.8% |
| Total equity and liabilities | 10/49 | €485,557 | €603,863 | +€118,306 | +24.4% |
| Equity | 10/15 | €168,954 | €211,149 | +€42,195 | +25.0% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €78,954 | €121,149 | +€42,195 | +53.4% |
| Non-distributable reserves | 130/1 | €6,330 | €6,330 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,330 | €6,330 | = | 0.0% |
| Distributable reserves | 133 | €72,625 | €114,820 | +€42,195 | +58.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €316,602 | €392,713 | +€76,111 | +24.0% |
| Amounts payable after more than one year | 17 | €96,325 | €176,543 | +€80,219 | +83.3% |
| Financial debts | 170/4 | €96,325 | €176,543 | +€80,219 | +83.3% |
| Amounts payable within one year | 42/48 | €212,684 | €212,058 | -€626 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €13,470 | €23,385 | +€9,915 | +73.6% |
| Trade debts | 44 | €19,723 | €48,754 | +€29,032 | +147% |
| Suppliers | 440/4 | €19,723 | €48,754 | +€29,032 | +147% |
| Taxes, remuneration and social security | 45 | €46,619 | €48,946 | +€2,327 | +5.0% |
| Taxes | 450/3 | €37,173 | €37,173 | = | 0.0% |
| Remuneration and social security | 454/9 | €9,446 | €11,773 | +€2,327 | +24.6% |
| Other amounts payable | 47/48 | €132,872 | €90,972 | -€41,900 | -31.5% |
| Accrued charges and deferred income | 492/3 | €7,594 | €4,113 | -€3,482 | -45.8% |
| Remuneration, social security and pensions | 62 | €140,967 | €156,478 | +€15,511 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,681 | €55,211 | +€19,530 | +54.7% |
| Other operating charges | 640/8 | €3,037 | €3,449 | +€412 | +13.6% |
| Gross operating margin | 9900 | €316,479 | €280,144 | -€36,336 | -11.5% |
| Operating profit (loss) | 9901 | €136,794 | €65,006 | -€71,788 | -52.5% |
| Financial income | 75/76B | €3,753 | €3,289 | -€464 | -12.4% |
| Recurring financial income | 75 | €3,753 | €3,289 | -€464 | -12.4% |
| Financial charges | 65/66B | €11,331 | €10,569 | -€762 | -6.7% |
| Recurring financial charges | 65 | €11,331 | €10,569 | -€762 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €129,216 | €57,726 | -€71,490 | -55.3% |
| Income taxes | 67/77 | €37,173 | €15,531 | -€21,642 | -58.2% |
| Profit (loss) for the period | 9904 | €92,044 | €42,195 | -€49,849 | -54.2% |
| Profit (loss) for the period to be appropriated | 9905 | €92,044 | €42,195 | -€49,849 | -54.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.