AML & C°: what changed
AML & C°
Largest movements
- Cash -€86,242
down €86,242 (-94.1%), from €91,681 to €5,440
mainly Accrued charges and deferred income (-€100,001) and Debts after one year (-€23,568)
- Tangible fixed assets -€43,303
down €43,303 (-6.1%), from €709,142 to €665,838
of which Land and buildings: -€31,264
- Current investments +€22,382
up €22,382 (+25.5%), from €87,927 to €110,308
- Receivables within one year -€12,853
down €12,853 (-97.6%), from €13,168 to €315
of which Trade receivables: -€12,894
- Accrued charges and deferred income -€100,001
down €100,001 (-33.0%), from €302,597 to €202,596
- Other debts +€25,390
up €25,390 (+32.1%), from €79,217 to €104,606
- Debts after one year -€23,568
down €23,568 (-6.8%), from €345,379 to €321,812
- Profit (loss) carried forward -€19,283
down €19,283 (-15.3%), from €126,339 to €107,055
- Gross operating margin -€23,084
down €23,084 (-27.9%), from €82,614 to €59,530
- Taxes +€3,951
up €3,951 (+32.3%), from €12,215 to €16,166
- Depreciation +€2,412
up €2,412 (+5.6%), from €43,150 to €45,562
- Financial charges -€1,679
down €1,679 (-16.8%), from €9,977 to €8,298
- Financial income -€949
down €949 (-100%), from €949 to €0
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 | €906,304 | €785,540 | -€120,764 | -13.3% |
| Fixed assets | 21/28 | €709,142 | €665,838 | -€43,303 | -6.1% |
| Tangible fixed assets | 22/27 | €709,142 | €665,838 | -€43,303 | -6.1% |
| Land and buildings | 22 | €652,858 | €621,595 | -€31,264 | -4.8% |
| Plant, machinery and equipment | 23 | - | €2,103 | +€2,103 | |
| Furniture and vehicles | 24 | €56,283 | €42,141 | -€14,142 | -25.1% |
| Current assets | 29/58 | €197,162 | €119,702 | -€77,461 | -39.3% |
| Amounts receivable within one year | 40/41 | €13,168 | €315 | -€12,853 | -97.6% |
| Trade receivables | 40 | €12,894 | €0 | -€12,894 | -100% |
| Other amounts receivable | 41 | €274 | €315 | +€41 | +15.1% |
| Current investments | 50/53 | €87,927 | €110,308 | +€22,382 | +25.5% |
| Cash at bank and in hand | 54/58 | €91,681 | €5,440 | -€86,242 | -94.1% |
| Deferred charges and accrued income | 490/1 | €4,387 | €3,638 | -€748 | -17.1% |
| Total equity and liabilities | 10/49 | €906,304 | €785,540 | -€120,764 | -13.3% |
| Equity | 10/15 | €134,399 | €115,115 | -€19,283 | -14.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 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 | €126,339 | €107,055 | -€19,283 | -15.3% |
| Amounts payable | 17/49 | €771,905 | €670,424 | -€101,481 | -13.1% |
| Amounts payable after more than one year | 17 | €345,379 | €321,812 | -€23,568 | -6.8% |
| Financial debts | 170/4 | €345,379 | €321,812 | -€23,568 | -6.8% |
| Amounts payable within one year | 42/48 | €123,929 | €146,017 | +€22,088 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | €23,058 | €23,568 | +€510 | +2.2% |
| Trade debts | 44 | €7,713 | €1,110 | -€6,602 | -85.6% |
| Suppliers | 440/4 | €7,713 | €1,110 | -€6,602 | -85.6% |
| Advances received on contracts in progress | 46 | €1,705 | €567 | -€1,138 | -66.7% |
| Taxes, remuneration and social security | 45 | €12,236 | €16,166 | +€3,929 | +32.1% |
| Taxes | 450/3 | €12,236 | €16,166 | +€3,929 | +32.1% |
| Other amounts payable | 47/48 | €79,217 | €104,606 | +€25,390 | +32.1% |
| Accrued charges and deferred income | 492/3 | €302,597 | €202,596 | -€100,001 | -33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,150 | €45,562 | +€2,412 | +5.6% |
| Other operating charges | 640/8 | €8,945 | €8,787 | -€158 | -1.8% |
| Gross operating margin | 9900 | €82,614 | €59,530 | -€23,084 | -27.9% |
| Operating profit (loss) | 9901 | €30,519 | €5,181 | -€25,339 | -83.0% |
| Financial income | 75/76B | €949 | €0 | -€949 | -100% |
| Recurring financial income | 75 | €949 | €0 | -€949 | -100% |
| Financial charges | 65/66B | €9,977 | €8,298 | -€1,679 | -16.8% |
| Recurring financial charges | 65 | €9,977 | €8,298 | -€1,679 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €21,491 | -€3,118 | -€24,608 | |
| Income taxes | 67/77 | €12,215 | €16,166 | +€3,951 | +32.3% |
| Profit (loss) for the period | 9904 | €9,276 | -€19,283 | -€28,559 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,276 | -€19,283 | -€28,559 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.