AMLOG: 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.
AMLOG
Largest movements
- Receivables within one year +€35,391
new in 2025: €35,391
- Cash -€20,218
down €20,218 (-77.3%), from €26,146 to €5,928
mainly Receivables within one year (-€35,391) and Investment in fixed assets (net) (-€16,000)
- Tangible fixed assets +€13,841
up €13,841 (+1180.5%), from €1,172 to €15,013
- Formation expenses -€2,332
no longer reported in 2025 (was €2,332)
- Deferred charges and accrued income +€1,269
up €1,269 (+23.2%), from €5,469 to €6,738
- Profit (loss) carried forward +€35,161
up €35,161 (+140.0%), from €25,110 to €60,271
- Tax, wage and social debts -€4,300
down €4,300 (-68.3%), from €6,300 to €2,000
- Other debts -€3,696
down €3,696 (-99.7%), from €3,707 to €12
- Trade debts +€786
new in 2025: €786
- Gross operating margin +€18,131
up €18,131 (+57.1%), from €31,729 to €49,860
- Depreciation +€4,172
up €4,172 (+1309.8%), from €319 to €4,491
- Taxes +€3,732
up €3,732 (+59.2%), from €6,300 to €10,032
- Other operating charges +€562
new in 2025: €562
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 | €35,119 | €63,070 | +€27,951 | +79.6% |
| Formation expenses | 20 | €2,332 | - | -€2,332 | |
| Fixed assets | 21/28 | €1,172 | €15,013 | +€13,841 | +1180.5% |
| Tangible fixed assets | 22/27 | €1,172 | €15,013 | +€13,841 | +1180.5% |
| Furniture and vehicles | 24 | €1,172 | €15,013 | +€13,841 | +1180.5% |
| Current assets | 29/58 | €31,615 | €48,057 | +€16,442 | +52.0% |
| Amounts receivable within one year | 40/41 | - | €35,391 | +€35,391 | |
| Other amounts receivable | 41 | - | €35,391 | +€35,391 | |
| Cash at bank and in hand | 54/58 | €26,146 | €5,928 | -€20,218 | -77.3% |
| Deferred charges and accrued income | 490/1 | €5,469 | €6,738 | +€1,269 | +23.2% |
| Total equity and liabilities | 10/49 | €35,119 | €63,070 | +€27,951 | +79.6% |
| Equity | 10/15 | €25,111 | €60,272 | +€35,161 | +140.0% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,110 | €60,271 | +€35,161 | +140.0% |
| Amounts payable | 17/49 | €10,007 | €2,798 | -€7,209 | -72.0% |
| Amounts payable within one year | 42/48 | €10,007 | €2,798 | -€7,209 | -72.0% |
| Trade debts | 44 | - | €786 | +€786 | |
| Suppliers | 440/4 | - | €786 | +€786 | |
| Taxes, remuneration and social security | 45 | €6,300 | €2,000 | -€4,300 | -68.3% |
| Taxes | 450/3 | €6,300 | €2,000 | -€4,300 | -68.3% |
| Other amounts payable | 47/48 | €3,707 | €12 | -€3,696 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €319 | €4,491 | +€4,172 | +1309.8% |
| Other operating charges | 640/8 | - | €562 | +€562 | |
| Gross operating margin | 9900 | €31,729 | €49,860 | +€18,131 | +57.1% |
| Operating profit (loss) | 9901 | €31,410 | €44,807 | +€13,397 | +42.7% |
| Financial income | 75/76B | - | €391 | +€391 | |
| Recurring financial income | 75 | - | €391 | +€391 | |
| Financial charges | 65/66B | - | €6 | +€6 | |
| Recurring financial charges | 65 | - | €6 | +€6 | |
| Profit (loss) for the period before taxes | 9903 | €31,410 | €45,193 | +€13,782 | +43.9% |
| Income taxes | 67/77 | €6,300 | €10,032 | +€3,732 | +59.2% |
| Profit (loss) for the period | 9904 | €25,110 | €35,161 | +€10,050 | +40.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,110 | €35,161 | +€10,050 | +40.0% |
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 8 October 2026 via checked.be.