AMM LAW: 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.
AMM LAW
Largest movements
- Cash +€34,839
up €34,839 (+51.3%), from €67,965 to €102,804
mainly Net result for the year (+€38,003) and Receivables within one year (+€1,283)
- Receivables within one year -€1,283
down €1,283 (-36.0%), from €3,566 to €2,282
of which Trade receivables: -€3,414
- Profit (loss) carried forward +€38,003
up €38,003 (+79.0%), from €48,106 to €86,110
- Other debts -€1,889
no longer reported in 2025 (was €1,889)
- Trade debts -€1,734
down €1,734 (-63.6%), from €2,726 to €991
- Gross operating margin -€13,355
down €13,355 (-21.6%), from €61,850 to €48,494
- Taxes -€2,766
down €2,766 (-21.6%), from €12,795 to €10,029
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 | €72,992 | €106,527 | +€33,535 | +45.9% |
| Fixed assets | 21/28 | €1,361 | €899 | -€462 | -33.9% |
| Tangible fixed assets | 22/27 | €1,269 | €808 | -€462 | -36.4% |
| Furniture and vehicles | 24 | €1,269 | €808 | -€462 | -36.4% |
| Financial fixed assets | 28 | €92 | €92 | = | 0.0% |
| Current assets | 29/58 | €71,631 | €105,628 | +€33,997 | +47.5% |
| Amounts receivable within one year | 40/41 | €3,566 | €2,282 | -€1,283 | -36.0% |
| Trade receivables | 40 | €3,566 | €152 | -€3,414 | -95.7% |
| Other amounts receivable | 41 | - | €2,130 | +€2,130 | |
| Cash at bank and in hand | 54/58 | €67,965 | €102,804 | +€34,839 | +51.3% |
| Deferred charges and accrued income | 490/1 | €100 | €541 | +€441 | +440% |
| Total equity and liabilities | 10/49 | €72,992 | €106,527 | +€33,535 | +45.9% |
| Equity | 10/15 | €50,106 | €88,110 | +€38,003 | +75.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,106 | €86,110 | +€38,003 | +79.0% |
| Amounts payable | 17/49 | €22,886 | €18,418 | -€4,468 | -19.5% |
| Amounts payable within one year | 42/48 | €22,886 | €18,418 | -€4,468 | -19.5% |
| Trade debts | 44 | €2,726 | €991 | -€1,734 | -63.6% |
| Suppliers | 440/4 | €2,726 | €991 | -€1,734 | -63.6% |
| Taxes, remuneration and social security | 45 | €18,271 | €17,427 | -€844 | -4.6% |
| Taxes | 450/3 | €18,271 | €17,427 | -€844 | -4.6% |
| Other amounts payable | 47/48 | €1,889 | - | -€1,889 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115 | €462 | +€346 | +300% |
| Gross operating margin | 9900 | €61,850 | €48,494 | -€13,355 | -21.6% |
| Operating profit (loss) | 9901 | €61,734 | €48,033 | -€13,702 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €61,734 | €48,033 | -€13,702 | -22.2% |
| Income taxes | 67/77 | €12,795 | €10,029 | -€2,766 | -21.6% |
| Profit (loss) for the period | 9904 | €48,939 | €38,003 | -€10,936 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €48,939 | €38,003 | -€10,936 | -22.3% |
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 30 October 2026 via checked.be.