AMR: 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.
AMR
Largest movements
- Receivables within one year +€6,300
up €6,300 (+153.5%), from €4,104 to €10,404
of which Trade receivables: +€6,300
- Tangible fixed assets -€4,540
down €4,540 (-9.2%), from €49,304 to €44,763
- Cash -€2,992
down €2,992 (-94.7%), from €3,159 to €167
mainly Contributions, distributions and other (-€21,986) and Receivables within one year (-€6,300)
- Other debts -€3,564
down €3,564 (-6.9%), from €51,798 to €48,234
- Tax, wage and social debts +€2,415
up €2,415 (+65.9%), from €3,668 to €6,083
- Gross operating margin +€4,362
up €4,362 (+13.8%), from €31,714 to €36,076
- Taxes +€747
up €747 (+11.2%), from €6,668 to €7,415
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 | €56,566 | €55,334 | -€1,232 | -2.2% |
| Fixed assets | 21/28 | €49,304 | €44,763 | -€4,540 | -9.2% |
| Tangible fixed assets | 22/27 | €49,304 | €44,763 | -€4,540 | -9.2% |
| Land and buildings | 22 | €49,304 | €44,763 | -€4,540 | -9.2% |
| Current assets | 29/58 | €7,263 | €10,571 | +€3,308 | +45.6% |
| Amounts receivable within one year | 40/41 | €4,104 | €10,404 | +€6,300 | +153.5% |
| Trade receivables | 40 | €4,104 | €10,404 | +€6,300 | +153.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €3,159 | €167 | -€2,992 | -94.7% |
| Total equity and liabilities | 10/49 | €56,566 | €55,334 | -€1,232 | -2.2% |
| Equity | 10/15 | €1,000 | €1,000 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €55,566 | €54,334 | -€1,232 | -2.2% |
| Amounts payable within one year | 42/48 | €55,566 | €54,334 | -€1,232 | -2.2% |
| Trade debts | 44 | €101 | €17 | -€84 | -83.1% |
| Suppliers | 440/4 | €101 | €17 | -€84 | -83.1% |
| Taxes, remuneration and social security | 45 | €3,668 | €6,083 | +€2,415 | +65.9% |
| Taxes | 450/3 | €3,668 | €6,083 | +€2,415 | +65.9% |
| Other amounts payable | 47/48 | €51,798 | €48,234 | -€3,564 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,540 | €4,540 | = | 0.0% |
| Other operating charges | 640/8 | €1,891 | €1,947 | +€56 | +3.0% |
| Gross operating margin | 9900 | €31,714 | €36,076 | +€4,362 | +13.8% |
| Operating profit (loss) | 9901 | €25,283 | €29,589 | +€4,306 | +17.0% |
| Financial charges | 65/66B | €153 | €187 | +€34 | +22.2% |
| Recurring financial charges | 65 | €153 | €187 | +€34 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | €25,130 | €29,402 | +€4,272 | +17.0% |
| Income taxes | 67/77 | €6,668 | €7,415 | +€747 | +11.2% |
| Profit (loss) for the period | 9904 | €18,462 | €21,986 | +€3,524 | +19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,462 | €21,986 | +€3,524 | +19.1% |
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 5 October 2026 via checked.be.