AMOPHAR: 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.
AMOPHAR
Largest movements
- Stocks and contracts -€37,796
down €37,796 (-24.8%), from €152,511 to €114,715
- Receivables within one year +€10,385
up €10,385 (+4.0%), from €258,201 to €268,586
of which Trade receivables: +€176,455
- Intangible fixed assets -€5,893
down €5,893 (-50.0%), from €11,793 to €5,900
- Other debts +€225,360
up €225,360 (+21.1%), from €1.1m to €1.3m
- Profit (loss) carried forward -€138,093
down €138,093 (-15.3%), from -€901,706 to -€1.0m
- Trade debts -€85,643
down €85,643 (-41.2%), from €207,946 to €122,303
- Tax, wage and social debts -€34,763
down €34,763 (-92.8%), from €37,449 to €2,686
of which Remuneration and social security: -€34,417
- Staff costs -€197,407
down €197,407 (-48.2%), from €409,718 to €212,311
- Other operating charges -€41,312
down €41,312 (-68.3%), from €60,468 to €19,156
- Gross operating margin +€31,686
up €31,686 (+61.5%), from €51,510 to €83,196
- Financial income +€4,760
up €4,760 (+34.3%), from €13,868 to €18,628
of which Financial income: +€4,760
- Taxes -€4,646
down €4,646, from €3,239 to -€1,407
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 | €434,439 | €401,301 | -€33,138 | -7.6% |
| Fixed assets | 21/28 | €15,118 | €7,487 | -€7,631 | -50.5% |
| Intangible fixed assets | 21 | €11,793 | €5,900 | -€5,893 | -50.0% |
| Tangible fixed assets | 22/27 | €3,325 | €1,587 | -€1,738 | -52.3% |
| Plant, machinery and equipment | 23 | - | €892 | +€892 | |
| Furniture and vehicles | 24 | €3,325 | €694 | -€2,631 | -79.1% |
| Current assets | 29/58 | €419,321 | €393,814 | -€25,507 | -6.1% |
| Stocks and contracts in progress | 3 | €152,511 | €114,715 | -€37,796 | -24.8% |
| Stocks | 30/36 | €152,511 | €114,715 | -€37,796 | -24.8% |
| Amounts receivable within one year | 40/41 | €258,201 | €268,586 | +€10,385 | +4.0% |
| Trade receivables | 40 | €92,131 | €268,586 | +€176,455 | +192% |
| Other amounts receivable | 41 | €166,070 | €0 | -€166,070 | -100% |
| Cash at bank and in hand | 54/58 | €8,609 | €10,513 | +€1,904 | +22.1% |
| Total equity and liabilities | 10/49 | €434,439 | €401,301 | -€33,138 | -7.6% |
| Equity | 10/15 | -€879,706 | -€1,017,799 | -€138,093 | -15.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€901,706 | -€1,039,799 | -€138,093 | -15.3% |
| Amounts payable | 17/49 | €1,314,145 | €1,419,099 | +€104,954 | +8.0% |
| Amounts payable within one year | 42/48 | €1,314,145 | €1,419,099 | +€104,954 | +8.0% |
| Trade debts | 44 | €207,946 | €122,303 | -€85,643 | -41.2% |
| Suppliers | 440/4 | €207,946 | €122,303 | -€85,643 | -41.2% |
| Taxes, remuneration and social security | 45 | €37,449 | €2,686 | -€34,763 | -92.8% |
| Taxes | 450/3 | €2,992 | €2,646 | -€346 | -11.6% |
| Remuneration and social security | 454/9 | €34,457 | €40 | -€34,417 | -99.9% |
| Other amounts payable | 47/48 | €1,068,750 | €1,294,110 | +€225,360 | +21.1% |
| Non-recurring operating income | 76A | €21,617 | €33,513 | +€11,896 | +55.0% |
| Remuneration, social security and pensions | 62 | €409,718 | €212,311 | -€197,407 | -48.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,713 | €7,631 | -€2,082 | -21.4% |
| Other operating charges | 640/8 | €60,468 | €19,156 | -€41,312 | -68.3% |
| Gross operating margin | 9900 | €51,510 | €83,196 | +€31,686 | +61.5% |
| Operating profit (loss) | 9901 | -€428,389 | -€155,902 | +€272,487 | +63.6% |
| Financial income | 75/76B | €13,868 | €18,628 | +€4,760 | +34.3% |
| Recurring financial income | 75 | €13,868 | €18,628 | +€4,760 | +34.3% |
| Non-recurring financial income | 76B | €13,868 | €18,628 | +€4,760 | +34.3% |
| Financial charges | 65/66B | €3,300 | €2,227 | -€1,073 | -32.5% |
| Recurring financial charges | 65 | €3,300 | €2,227 | -€1,073 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | -€417,821 | -€139,501 | +€278,320 | +66.6% |
| Income taxes | 67/77 | €3,239 | -€1,407 | -€4,646 | |
| Profit (loss) for the period | 9904 | -€421,060 | -€138,093 | +€282,967 | +67.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€421,060 | -€138,093 | +€282,967 | +67.2% |
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 17 October 2026 via checked.be.