AMO-AD: 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.
AMO-AD
Largest movements
- Cash +€143,906
up €143,906 (+254.1%), from €56,629 to €200,536
mainly Net result for the year (+€232,181) and Tax, wage and social debts (+€38,541)
- Tangible fixed assets +€61,916
up €61,916 (+3540.4%), from €1,749 to €63,665
of which Furniture and vehicles: +€59,026
- Deferred charges and accrued income +€57,442
up €57,442 (+58.3%), from €98,497 to €155,939
- Receivables within one year -€8,162
down €8,162 (-12.5%), from €65,298 to €57,136
- Reserves +€232,181
up €232,181 (+189.9%), from €122,245 to €354,426
- Tax, wage and social debts +€38,541
up €38,541 (+105.3%), from €36,608 to €75,149
- Other debts -€19,149
down €19,149 (-32.3%), from €59,279 to €40,131
- Gross operating margin +€152,312
up €152,312 (+96.2%), from €158,254 to €310,565
- Taxes +€37,449
up €37,449 (+105.8%), from €35,388 to €72,836
- Financial charges +€3,643
up €3,643 (+4957.0%), from €74 to €3,717
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 | €222,173 | €477,275 | +€255,102 | +114.8% |
| Fixed assets | 21/28 | €1,749 | €63,665 | +€61,916 | +3540.4% |
| Tangible fixed assets | 22/27 | €1,749 | €63,665 | +€61,916 | +3540.4% |
| Plant, machinery and equipment | 23 | €1,749 | €4,639 | +€2,890 | +165.3% |
| Furniture and vehicles | 24 | - | €59,026 | +€59,026 | |
| Current assets | 29/58 | €220,424 | €413,610 | +€193,186 | +87.6% |
| Amounts receivable within one year | 40/41 | €65,298 | €57,136 | -€8,162 | -12.5% |
| Trade receivables | 40 | €65,298 | €57,136 | -€8,162 | -12.5% |
| Cash at bank and in hand | 54/58 | €56,629 | €200,536 | +€143,906 | +254.1% |
| Deferred charges and accrued income | 490/1 | €98,497 | €155,939 | +€57,442 | +58.3% |
| Total equity and liabilities | 10/49 | €222,173 | €477,275 | +€255,102 | +114.8% |
| Equity | 10/15 | €123,245 | €355,426 | +€232,181 | +188.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €122,245 | €354,426 | +€232,181 | +189.9% |
| Distributable reserves | 133 | €122,245 | €354,426 | +€232,181 | +189.9% |
| Amounts payable | 17/49 | €98,929 | €121,849 | +€22,920 | +23.2% |
| Amounts payable within one year | 42/48 | €98,929 | €117,636 | +€18,707 | +18.9% |
| Trade debts | 44 | €3,042 | €2,357 | -€685 | -22.5% |
| Suppliers | 440/4 | €3,042 | €2,357 | -€685 | -22.5% |
| Taxes, remuneration and social security | 45 | €36,608 | €75,149 | +€38,541 | +105.3% |
| Taxes | 450/3 | €36,608 | €75,149 | +€38,541 | +105.3% |
| Other amounts payable | 47/48 | €59,279 | €40,131 | -€19,149 | -32.3% |
| Accrued charges and deferred income | 492/3 | - | €4,213 | +€4,213 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107 | €1,384 | +€1,276 | +1189.5% |
| Other operating charges | 640/8 | €441 | €447 | +€6 | +1.4% |
| Gross operating margin | 9900 | €158,254 | €310,565 | +€152,312 | +96.2% |
| Operating profit (loss) | 9901 | €157,706 | €308,735 | +€151,029 | +95.8% |
| Financial charges | 65/66B | €74 | €3,717 | +€3,643 | +4957.0% |
| Recurring financial charges | 65 | €74 | €3,717 | +€3,643 | +4957.0% |
| Profit (loss) for the period before taxes | 9903 | €157,632 | €305,018 | +€147,385 | +93.5% |
| Income taxes | 67/77 | €35,388 | €72,836 | +€37,449 | +105.8% |
| Profit (loss) for the period | 9904 | €122,245 | €232,181 | +€109,937 | +89.9% |
| Profit (loss) for the period to be appropriated | 9905 | €122,245 | €232,181 | +€109,937 | +89.9% |
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.