AMPALO: 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.
AMPALO
Largest movements
- Receivables within one year +€266,823
up €266,823 (+102%), from €260,717 to €527,539
of which Other amounts receivable: +€299,703
- Cash +€57,954
up €57,954 (+52.6%), from €110,168 to €168,122
mainly Net result for the year (+€235,172) and Trade debts (+€81,608)
- Reserves +€235,172
up €235,172 (+80.2%), from €293,360 to €528,532
- Trade debts +€81,608
up €81,608 (+4,946%), from €1,650 to €83,258
- Tax, wage and social debts +€10,260
up €10,260 (+12.4%), from €82,820 to €93,080
- Gross operating margin -€39,356
down €39,356 (-11.7%), from €336,419 to €297,063
- Financial income +€10,189
up €10,189 (+458%), from €2,223 to €12,411
- Taxes -€7,914
down €7,914 (-9.7%), from €81,355 to €73,441
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 | €382,830 | €709,869 | +€327,039 | +85.4% |
| Fixed assets | 21/28 | - | €3,843 | +€3,843 | |
| Tangible fixed assets | 22/27 | - | €3,843 | +€3,843 | |
| Furniture and vehicles | 24 | - | €3,843 | +€3,843 | |
| Current assets | 29/58 | €382,830 | €706,026 | +€323,196 | +84.4% |
| Amounts receivable within one year | 40/41 | €260,717 | €527,539 | +€266,823 | +102% |
| Trade receivables | 40 | €179,040 | €146,160 | -€32,880 | -18.4% |
| Other amounts receivable | 41 | €81,677 | €381,379 | +€299,703 | +367% |
| Current investments | 50/53 | €6,000 | €6,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €110,168 | €168,122 | +€57,954 | +52.6% |
| Deferred charges and accrued income | 490/1 | €5,945 | €4,365 | -€1,580 | -26.6% |
| Total equity and liabilities | 10/49 | €382,830 | €709,869 | +€327,039 | +85.4% |
| Equity | 10/15 | €298,360 | €533,532 | +€235,172 | +78.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €293,360 | €528,532 | +€235,172 | +80.2% |
| Distributable reserves | 133 | €293,360 | €528,532 | +€235,172 | +80.2% |
| Amounts payable | 17/49 | €84,470 | €176,338 | +€91,868 | +109% |
| Amounts payable within one year | 42/48 | €84,470 | €176,338 | +€91,868 | +109% |
| Trade debts | 44 | €1,650 | €83,258 | +€81,608 | +4,946% |
| Suppliers | 440/4 | €1,650 | €83,258 | +€81,608 | +4,946% |
| Taxes, remuneration and social security | 45 | €82,820 | €93,080 | +€10,260 | +12.4% |
| Taxes | 450/3 | €82,820 | €93,080 | +€10,260 | +12.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €403 | +€403 | |
| Other operating charges | 640/8 | €118 | €395 | +€277 | +235% |
| Gross operating margin | 9900 | €336,419 | €297,063 | -€39,356 | -11.7% |
| Operating profit (loss) | 9901 | €336,301 | €296,265 | -€40,037 | -11.9% |
| Financial income | 75/76B | €2,223 | €12,411 | +€10,189 | +458% |
| Recurring financial income | 75 | €2,223 | €12,411 | +€10,189 | +458% |
| Financial charges | 65/66B | €198 | €64 | -€135 | -68.0% |
| Recurring financial charges | 65 | €198 | €64 | -€135 | -68.0% |
| Profit (loss) for the period before taxes | 9903 | €338,326 | €308,612 | -€29,713 | -8.8% |
| Income taxes | 67/77 | €81,355 | €73,441 | -€7,914 | -9.7% |
| Profit (loss) for the period | 9904 | €256,971 | €235,172 | -€21,799 | -8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €256,971 | €235,172 | -€21,799 | -8.5% |
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 1 November 2026 via checked.be.