AMR Capital: 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.
What changed
AMR Capital
NACE 82.990, Other business support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€314,242
2024 · €190,624-€504,866
Equity
€4.9m
2024 · €5.8m-€896,758
Cash
€226,170
2024 · €208,731+€17,439
Balance sheet total
€5.5m
2024 · €5.8m-€318,086
Largest movements
Assets
- Current investments -€314,238
down €314,238 (-5.7%), from €5.5m to €5.2m
Equity and liabilities
- Other debts +€582,591
up €582,591 (+564,253%), from €103 to €582,694
- Reserves -€582,516
down €582,516 (-83.4%), from €698,133 to €115,617
of which Distributable reserves: -€582,516
- Profit (loss) carried forward -€314,242
down €314,242 (-8.0%), from €3.9m to €3.6m
Income statement
- Financial charges +€402,678
up €402,678 (+1,360%), from €29,608 to €432,286
- Financial income -€132,743
down €132,743 (-49.9%), from €265,804 to €133,061
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.
Result 2024
€190,624
Staff costs
-€532
Other operating items
-€263
Financial income
-€132,743
Financial charges
-€402,678
Taxes
+€31,351
Result 2025
-€314,242
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€285,718
Investment
+€314,238
Financing
-€582,516
Cash 2024
€208,731
From operations (derived)
+€285,718
Net result for the year
-€314,242
Receivables within one year
+€6,705
Deferred charges and accrued income
+€14,582
Smaller working-capital items
-€331
Other debts
+€582,591
Accrued charges and deferred income
-€3,588
Investment (derived)
+€314,238
Current investments
+€314,238
Financing
-€582,516
Contributions, distributions and other
-€582,516
Cash 2025
€226,170
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,772,034 | €5,453,948 | -€318,086 | -5.5% |
| Fixed assets | 21/28 | €363 | €363 | = | 0.0% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Other financial fixed assets | 284/8 | €363 | €363 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €5,771,671 | €5,453,585 | -€318,086 | -5.5% |
| Amounts receivable within one year | 40/41 | €33,630 | €26,924 | -€6,705 | -19.9% |
| Trade receivables | 40 | €36 | €138 | +€102 | +280% |
| Other amounts receivable | 41 | €33,593 | €26,786 | -€6,807 | -20.3% |
| Current investments | 50/53 | €5,510,706 | €5,196,468 | -€314,238 | -5.7% |
| Other investments | 51/53 | €5,510,706 | €5,196,468 | -€314,238 | -5.7% |
| Cash at bank and in hand | 54/58 | €208,731 | €226,170 | +€17,439 | +8.4% |
| Deferred charges and accrued income | 490/1 | €18,605 | €4,023 | -€14,582 | -78.4% |
| Total equity and liabilities | 10/49 | €5,772,034 | €5,453,948 | -€318,086 | -5.5% |
| Equity | 10/15 | €5,763,023 | €4,866,265 | -€896,758 | -15.6% |
| Contributions | 10/11 | €1,156,174 | €1,156,174 | = | 0.0% |
| Capital | 10 | €1,156,174 | €1,156,174 | = | 0.0% |
| Issued capital | 100 | €1,156,174 | €1,156,174 | = | 0.0% |
| Reserves | 13 | €698,133 | €115,617 | -€582,516 | -83.4% |
| Non-distributable reserves | 130/1 | €115,617 | €115,617 | = | 0.0% |
| Legal reserve | 130 | €115,617 | €115,617 | = | 0.0% |
| Distributable reserves | 133 | €582,516 | - | -€582,516 | |
| Profit (loss) carried forward | 14 | €3,908,715 | €3,594,473 | -€314,242 | -8.0% |
| Amounts payable | 17/49 | €9,011 | €587,683 | +€578,672 | +6,422% |
| Amounts payable within one year | 42/48 | €2,443 | €584,703 | +€582,260 | +23,836% |
| Trade debts | 44 | €10 | €46 | +€36 | +377% |
| Suppliers | 440/4 | €10 | €46 | +€36 | +377% |
| Taxes, remuneration and social security | 45 | €2,330 | €1,963 | -€367 | -15.8% |
| Taxes | 450/3 | €183 | - | -€183 | |
| Remuneration and social security | 454/9 | €2,147 | €1,963 | -€184 | -8.6% |
| Other amounts payable | 47/48 | €103 | €582,694 | +€582,591 | +564,253% |
| Accrued charges and deferred income | 492/3 | €6,569 | €2,980 | -€3,588 | -54.6% |
| Operating charges | 60/66A | €14,222 | €15,017 | +€795 | +5.6% |
| Services and other goods | 61 | €1,276 | €1,538 | +€263 | +20.6% |
| Remuneration, social security and pensions | 62 | €12,947 | €13,479 | +€532 | +4.1% |
| Operating profit (loss) | 9901 | -€14,222 | -€15,017 | -€795 | -5.6% |
| Financial income | 75/76B | €265,804 | €133,061 | -€132,743 | -49.9% |
| Recurring financial income | 75 | €265,804 | €133,061 | -€132,743 | -49.9% |
| Income from current assets | 751 | €264,232 | €133,061 | -€131,170 | -49.6% |
| Other financial income | 752/9 | €1,573 | - | -€1,573 | |
| Financial charges | 65/66B | €29,608 | €432,286 | +€402,678 | +1,360% |
| Recurring financial charges | 65 | €29,608 | €432,286 | +€402,678 | +1,360% |
| Other financial charges | 652/9 | €29,608 | €432,286 | +€402,678 | +1,360% |
| Profit (loss) for the period before taxes | 9903 | €221,974 | -€314,242 | -€536,216 | |
| Income taxes | 67/77 | €31,351 | - | -€31,351 | |
| Taxes | 670/3 | €31,351 | - | -€31,351 | |
| Profit (loss) for the period | 9904 | €190,624 | -€314,242 | -€504,866 | |
| Profit (loss) for the period to be appropriated | 9905 | €190,624 | -€314,242 | -€504,866 |
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 26 October 2026 via checked.be.