AMMG: 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.
AMMG
Largest movements
- Cash +€83,483
up €83,483 (+71.8%), from €116,232 to €199,716
mainly Net result for the year (+€79,524) and Tax, wage and social debts (+€3,944)
- Receivables within one year +€3,010
up €3,010 (+12.5%), from €24,108 to €27,117
of which Other amounts receivable: +€2,436
- Tangible fixed assets -€2,673
down €2,673 (-37.0%), from €7,217 to €4,544
of which Furniture and vehicles: -€2,256
- Reserves +€79,524
up €79,524 (+58.5%), from €135,993 to €215,518
- Tax, wage and social debts +€3,944
up €3,944 (+13.4%), from €29,446 to €33,390
- Gross operating margin +€12,248
up €12,248 (+13.4%), from €91,114 to €103,362
- Taxes +€3,112
up €3,112 (+16.2%), from €19,183 to €22,295
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 | €166,939 | €249,977 | +€83,038 | +49.7% |
| Fixed assets | 21/28 | €7,217 | €4,544 | -€2,673 | -37.0% |
| Tangible fixed assets | 22/27 | €7,217 | €4,544 | -€2,673 | -37.0% |
| Furniture and vehicles | 24 | €5,583 | €3,327 | -€2,256 | -40.4% |
| Other tangible fixed assets | 26 | €1,634 | €1,217 | -€417 | -25.5% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €159,722 | €245,433 | +€85,711 | +53.7% |
| Amounts receivable after more than one year | 29 | €18,600 | €18,600 | = | 0.0% |
| Other amounts receivable | 291 | €18,600 | €18,600 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,108 | €27,117 | +€3,010 | +12.5% |
| Trade receivables | 40 | - | €574 | +€574 | |
| Other amounts receivable | 41 | €24,108 | €26,543 | +€2,436 | +10.1% |
| Cash at bank and in hand | 54/58 | €116,232 | €199,716 | +€83,483 | +71.8% |
| Deferred charges and accrued income | 490/1 | €782 | - | -€782 | |
| Total equity and liabilities | 10/49 | €166,939 | €249,977 | +€83,038 | +49.7% |
| Equity | 10/15 | €136,993 | €216,518 | +€79,524 | +58.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €135,993 | €215,518 | +€79,524 | +58.5% |
| Distributable reserves | 133 | €135,993 | €215,518 | +€79,524 | +58.5% |
| Amounts payable | 17/49 | €29,946 | €33,459 | +€3,513 | +11.7% |
| Amounts payable within one year | 42/48 | €29,946 | €33,459 | +€3,513 | +11.7% |
| Trade debts | 44 | €500 | €69 | -€431 | -86.2% |
| Suppliers | 440/4 | €500 | €69 | -€431 | -86.2% |
| Taxes, remuneration and social security | 45 | €29,446 | €33,390 | +€3,944 | +13.4% |
| Taxes | 450/3 | €29,446 | €33,390 | +€3,944 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,673 | €2,673 | = | 0.0% |
| Other operating charges | 640/8 | €695 | €717 | +€21 | +3.1% |
| Gross operating margin | 9900 | €91,114 | €103,362 | +€12,248 | +13.4% |
| Operating profit (loss) | 9901 | €87,746 | €99,973 | +€12,227 | +13.9% |
| Financial income | 75/76B | €1,361 | €1,903 | +€542 | +39.8% |
| Recurring financial income | 75 | €1,361 | €1,903 | +€542 | +39.8% |
| Financial charges | 65/66B | €54 | €56 | +€2 | +3.7% |
| Recurring financial charges | 65 | €54 | €56 | +€2 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €89,053 | €101,819 | +€12,767 | +14.3% |
| Income taxes | 67/77 | €19,183 | €22,295 | +€3,112 | +16.2% |
| Profit (loss) for the period | 9904 | €69,870 | €79,524 | +€9,654 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €69,870 | €79,524 | +€9,654 | +13.8% |
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.