AMOTEC: 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.
AMOTEC
Largest movements
- Stocks and contracts +€212,697
up €212,697 (+40.2%), from €529,402 to €742,098
of which Contracts in progress: +€159,378
- Cash -€194,803
down €194,803 (-26.0%), from €748,372 to €553,569
mainly Stocks and contracts (-€212,697) and Other debts (-€200,000)
- Receivables within one year +€170,523
up €170,523 (+38.5%), from €442,432 to €612,955
of which Trade receivables: +€150,860
- Tangible fixed assets -€44,992
down €44,992 (-17.2%), from €261,710 to €216,718
of which Plant, machinery and equipment: -€36,491
- Financial fixed assets +€23,535
up €23,535 (+111.3%), from €21,144 to €44,678
- Profit (loss) carried forward +€294,708
up €294,708 (+22.6%), from €1.3m to €1.6m
- Other debts -€200,000
down €200,000 (-100.0%), from €200,000 to €0
- Advances received +€162,990
up €162,990 (+200.7%), from €81,226 to €244,216
- Trade debts -€35,261
down €35,261 (-38.5%), from €91,665 to €56,404
- Tax, wage and social debts -€31,602
down €31,602 (-23.7%), from €133,560 to €101,958
of which Remuneration and social security: -€31,730
- Staff costs -€65,417
down €65,417 (-8.4%), from €778,771 to €713,354
- Gross operating margin +€55,341
up €55,341 (+4.9%), from €1.1m to €1.2m
- Other operating charges +€19,755
up €19,755 (+74.9%), from €26,376 to €46,131
- Depreciation +€15,343
up €15,343 (+32.0%), from €48,009 to €63,352
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 | €2,039,949 | €2,206,552 | +€166,603 | +8.2% |
| Fixed assets | 21/28 | €284,478 | €262,491 | -€21,987 | -7.7% |
| Intangible fixed assets | 21 | €1,624 | €1,094 | -€530 | -32.6% |
| Tangible fixed assets | 22/27 | €261,710 | €216,718 | -€44,992 | -17.2% |
| Land and buildings | 22 | €15,060 | €13,252 | -€1,809 | -12.0% |
| Plant, machinery and equipment | 23 | €165,539 | €129,047 | -€36,491 | -22.0% |
| Furniture and vehicles | 24 | €81,111 | €74,419 | -€6,692 | -8.3% |
| Financial fixed assets | 28 | €21,144 | €44,678 | +€23,535 | +111.3% |
| Current assets | 29/58 | €1,755,471 | €1,944,061 | +€188,590 | +10.7% |
| Stocks and contracts in progress | 3 | €529,402 | €742,098 | +€212,697 | +40.2% |
| Stocks | 30/36 | €525,529 | €578,848 | +€53,319 | +10.1% |
| Contracts in progress | 37 | €3,873 | €163,251 | +€159,378 | +4115.1% |
| Amounts receivable within one year | 40/41 | €442,432 | €612,955 | +€170,523 | +38.5% |
| Trade receivables | 40 | €298,936 | €449,795 | +€150,860 | +50.5% |
| Other amounts receivable | 41 | €143,496 | €163,159 | +€19,663 | +13.7% |
| Cash at bank and in hand | 54/58 | €748,372 | €553,569 | -€194,803 | -26.0% |
| Deferred charges and accrued income | 490/1 | €35,265 | €35,439 | +€174 | +0.5% |
| Total equity and liabilities | 10/49 | €2,039,949 | €2,206,552 | +€166,603 | +8.2% |
| Equity | 10/15 | €1,373,617 | €1,668,325 | +€294,708 | +21.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,305,417 | €1,600,125 | +€294,708 | +22.6% |
| Amounts payable | 17/49 | €666,332 | €538,227 | -€128,105 | -19.2% |
| Amounts payable after more than one year | 17 | €135,595 | €111,310 | -€24,286 | -17.9% |
| Financial debts | 170/4 | €135,595 | €111,310 | -€24,286 | -17.9% |
| Amounts payable within one year | 42/48 | €530,737 | €426,863 | -€103,873 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €24,286 | €24,286 | = | 0.0% |
| Trade debts | 44 | €91,665 | €56,404 | -€35,261 | -38.5% |
| Suppliers | 440/4 | €91,665 | €56,404 | -€35,261 | -38.5% |
| Advances received on contracts in progress | 46 | €81,226 | €244,216 | +€162,990 | +200.7% |
| Taxes, remuneration and social security | 45 | €133,560 | €101,958 | -€31,602 | -23.7% |
| Taxes | 450/3 | €8,707 | €8,834 | +€128 | +1.5% |
| Remuneration and social security | 454/9 | €124,853 | €93,123 | -€31,730 | -25.4% |
| Other amounts payable | 47/48 | €200,000 | €0 | -€200,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €54 | +€54 | |
| Non-recurring operating income | 76A | €21,000 | €0 | -€21,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €778,771 | €713,354 | -€65,417 | -8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,009 | €63,352 | +€15,343 | +32.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,731 | €6,051 | +€10,782 | |
| Other operating charges | 640/8 | €26,376 | €46,131 | +€19,755 | +74.9% |
| Gross operating margin | 9900 | €1,128,859 | €1,184,200 | +€55,341 | +4.9% |
| Operating profit (loss) | 9901 | €280,435 | €355,312 | +€74,877 | +26.7% |
| Financial income | 75/76B | €15,536 | €4,968 | -€10,568 | -68.0% |
| Recurring financial income | 75 | €15,536 | €4,968 | -€10,568 | -68.0% |
| Financial charges | 65/66B | €8,366 | €9,120 | +€754 | +9.0% |
| Recurring financial charges | 65 | €8,366 | €9,120 | +€754 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €287,604 | €351,160 | +€63,556 | +22.1% |
| Income taxes | 67/77 | €56,634 | €56,452 | -€182 | -0.3% |
| Profit (loss) for the period | 9904 | €230,970 | €294,708 | +€63,738 | +27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €230,970 | €294,708 | +€63,738 | +27.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.