AMMC: 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.
AMMC
Largest movements
- Receivables within one year +€30,185
up €30,185 (+87.0%), from €34,716 to €64,901
of which Other amounts receivable: +€27,600
- Cash +€5,361
up €5,361 (+20.9%), from €25,706 to €31,067
mainly Net result for the year (+€29,120) and Depreciation (+€3,881)
- Tangible fixed assets -€3,881
down €3,881 (-41.7%), from €9,316 to €5,435
of which Furniture and vehicles: -€3,118
- Reserves +€29,120
up €29,120 (+47.9%), from €60,743 to €89,863
- Accrued charges and deferred income +€2,014
up €2,014 (+202.5%), from €995 to €3,009
- Gross operating margin -€6,548
down €6,548 (-14.1%), from €46,450 to €39,902
- Financial income +€1,075
up €1,075 (+29.8%), from €3,605 to €4,681
- Depreciation +€946
up €946 (+32.3%), from €2,934 to €3,881
- Taxes -€477
down €477 (-5.1%), from €9,322 to €8,845
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 | €69,738 | €101,403 | +€31,666 | +45.4% |
| Fixed assets | 21/28 | €9,316 | €5,435 | -€3,881 | -41.7% |
| Tangible fixed assets | 22/27 | €9,316 | €5,435 | -€3,881 | -41.7% |
| Land and buildings | 22 | €3,247 | €2,484 | -€763 | -23.5% |
| Furniture and vehicles | 24 | €6,069 | €2,951 | -€3,118 | -51.4% |
| Current assets | 29/58 | €60,422 | €95,968 | +€35,547 | +58.8% |
| Amounts receivable within one year | 40/41 | €34,716 | €64,901 | +€30,185 | +87.0% |
| Trade receivables | 40 | €11,001 | €13,586 | +€2,585 | +23.5% |
| Other amounts receivable | 41 | €23,714 | €51,315 | +€27,600 | +116.4% |
| Cash at bank and in hand | 54/58 | €25,706 | €31,067 | +€5,361 | +20.9% |
| Total equity and liabilities | 10/49 | €69,738 | €101,403 | +€31,666 | +45.4% |
| Equity | 10/15 | €65,743 | €94,863 | +€29,120 | +44.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €60,743 | €89,863 | +€29,120 | +47.9% |
| Distributable reserves | 133 | €60,743 | €89,863 | +€29,120 | +47.9% |
| Amounts payable | 17/49 | €3,995 | €6,541 | +€2,546 | +63.7% |
| Amounts payable within one year | 42/48 | €3,000 | €3,532 | +€532 | +17.7% |
| Trade debts | 44 | - | €532 | +€532 | |
| Suppliers | 440/4 | - | €532 | +€532 | |
| Taxes, remuneration and social security | 45 | €3,000 | €3,000 | = | 0.0% |
| Taxes | 450/3 | €3,000 | €3,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €995 | €3,009 | +€2,014 | +202.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,934 | €3,881 | +€946 | +32.3% |
| Other operating charges | 640/8 | €385 | €128 | -€258 | -66.9% |
| Gross operating margin | 9900 | €46,450 | €39,902 | -€6,548 | -14.1% |
| Operating profit (loss) | 9901 | €43,131 | €35,893 | -€7,237 | -16.8% |
| Financial income | 75/76B | €3,605 | €4,681 | +€1,075 | +29.8% |
| Recurring financial income | 75 | €3,605 | €4,681 | +€1,075 | +29.8% |
| Financial charges | 65/66B | €3,065 | €2,609 | -€456 | -14.9% |
| Recurring financial charges | 65 | €3,065 | €2,609 | -€456 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €43,671 | €37,965 | -€5,706 | -13.1% |
| Income taxes | 67/77 | €9,322 | €8,845 | -€477 | -5.1% |
| Profit (loss) for the period | 9904 | €34,349 | €29,120 | -€5,229 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,349 | €29,120 | -€5,229 | -15.2% |
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 12 October 2026 via checked.be.