AMOR: 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.
AMOR
Largest movements
- Stocks and contracts -€253,695
down €253,695 (-36.2%), from €700,128 to €446,433
- Tangible fixed assets +€89,464
up €89,464 (+106%), from €84,168 to €173,631
of which Plant, machinery and equipment: +€101,644
- Receivables within one year -€14,125
down €14,125 (-31.4%), from €45,054 to €30,929
of which Other amounts receivable: -€14,624
- Cash -€12,178
down €12,178 (-46.2%), from €26,366 to €14,188
mainly Other debts (-€266,049) and Investment in fixed assets (net) (-€111,007)
- Other debts -€266,049
down €266,049 (-37.4%), from €711,239 to €445,189
- Debts after one year +€88,704
up €88,704 (+208%), from €42,606 to €131,310
- Gross operating margin -€4,525
down €4,525 (-6.9%), from €65,258 to €60,733
- Financial charges +€2,858
up €2,858 (+40.5%), from €7,052 to €9,911
- Depreciation +€1,545
up €1,545 (+7.7%), from €19,998 to €21,543
- Other operating charges +€935
up €935 (+39.3%), from €2,380 to €3,314
- Taxes -€687
down €687 (-66.1%), from €1,040 to €353
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 | €860,411 | €671,227 | -€189,185 | -22.0% |
| Fixed assets | 21/28 | €85,723 | €175,187 | +€89,464 | +104% |
| Tangible fixed assets | 22/27 | €84,168 | €173,631 | +€89,464 | +106% |
| Plant, machinery and equipment | 23 | €9,277 | €110,920 | +€101,644 | +1,096% |
| Furniture and vehicles | 24 | €25,111 | €20,073 | -€5,038 | -20.1% |
| Leasing and similar rights | 25 | €20,470 | €15,721 | -€4,749 | -23.2% |
| Other tangible fixed assets | 26 | €29,310 | €26,917 | -€2,393 | -8.2% |
| Financial fixed assets | 28 | €1,556 | €1,556 | = | 0.0% |
| Current assets | 29/58 | €774,688 | €496,040 | -€278,648 | -36.0% |
| Stocks and contracts in progress | 3 | €700,128 | €446,433 | -€253,695 | -36.2% |
| Stocks | 30/36 | €700,128 | €446,433 | -€253,695 | -36.2% |
| Amounts receivable within one year | 40/41 | €45,054 | €30,929 | -€14,125 | -31.4% |
| Trade receivables | 40 | €0 | €499 | +€499 | |
| Other amounts receivable | 41 | €45,054 | €30,430 | -€14,624 | -32.5% |
| Cash at bank and in hand | 54/58 | €26,366 | €14,188 | -€12,178 | -46.2% |
| Deferred charges and accrued income | 490/1 | €3,140 | €4,490 | +€1,349 | +43.0% |
| Total equity and liabilities | 10/49 | €860,411 | €671,227 | -€189,185 | -22.0% |
| Equity | 10/15 | €40,039 | €37,919 | -€2,120 | -5.3% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €103,858 | €103,858 | = | 0.0% |
| Distributable reserves | 133 | €103,858 | €103,858 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€138,819 | -€140,939 | -€2,120 | -1.5% |
| Amounts payable | 17/49 | €820,372 | €633,308 | -€187,065 | -22.8% |
| Amounts payable after more than one year | 17 | €42,606 | €131,310 | +€88,704 | +208% |
| Financial debts | 170/4 | €42,606 | €131,310 | +€88,704 | +208% |
| Amounts payable within one year | 42/48 | €775,327 | €499,971 | -€275,356 | -35.5% |
| Current portion of amounts payable after more than one year | 42 | €30,158 | €24,308 | -€5,850 | -19.4% |
| Financial debts | 43 | €3,051 | €883 | -€2,168 | -71.1% |
| Credit institutions | 430/8 | €3,051 | €883 | -€2,168 | -71.1% |
| Trade debts | 44 | €11,833 | €18,975 | +€7,142 | +60.4% |
| Suppliers | 440/4 | €11,833 | €18,975 | +€7,142 | +60.4% |
| Taxes, remuneration and social security | 45 | €19,045 | €10,616 | -€8,430 | -44.3% |
| Taxes | 450/3 | €9,251 | €6,586 | -€2,665 | -28.8% |
| Remuneration and social security | 454/9 | €9,794 | €4,030 | -€5,764 | -58.9% |
| Other amounts payable | 47/48 | €711,239 | €445,189 | -€266,049 | -37.4% |
| Accrued charges and deferred income | 492/3 | €2,440 | €2,027 | -€413 | -16.9% |
| Remuneration, social security and pensions | 62 | €30,207 | €30,426 | +€219 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,998 | €21,543 | +€1,545 | +7.7% |
| Other operating charges | 640/8 | €2,380 | €3,314 | +€935 | +39.3% |
| Gross operating margin | 9900 | €65,258 | €60,733 | -€4,525 | -6.9% |
| Operating profit (loss) | 9901 | €12,673 | €5,449 | -€7,224 | -57.0% |
| Financial income | 75/76B | €2,696 | €2,694 | -€1 | -0.1% |
| Recurring financial income | 75 | €2,696 | €2,694 | -€1 | -0.1% |
| Financial charges | 65/66B | €7,052 | €9,911 | +€2,858 | +40.5% |
| Recurring financial charges | 65 | €7,052 | €9,911 | +€2,858 | +40.5% |
| Profit (loss) for the period before taxes | 9903 | €8,317 | -€1,768 | -€10,084 | |
| Income taxes | 67/77 | €1,040 | €353 | -€687 | -66.1% |
| Profit (loss) for the period | 9904 | €7,277 | -€2,120 | -€9,397 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,277 | -€2,120 | -€9,397 |
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 13 October 2026 via checked.be.