AMR SERAING: 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.
AMR SERAING
Largest movements
- Cash +€72,612
up €72,612 (+1,157%), from €6,275 to €78,887
mainly Other debts (+€66,883) and Stocks and contracts (+€41,446)
- Stocks and contracts -€41,446
down €41,446 (-27.0%), from €153,673 to €112,227
- Receivables within one year +€13,742
up €13,742 (+42.7%), from €32,150 to €45,893
of which Trade receivables: +€19,292
- Tangible fixed assets -€9,813
down €9,813 (-15.3%), from €63,960 to €54,146
of which Furniture and vehicles: -€5,394
- Other debts +€66,883
up €66,883 (+46.5%), from €143,990 to €210,873
- Profit (loss) carried forward -€43,583
down €43,583 (-112%), from -€38,990 to -€82,574
- Trade debts +€26,937
up €26,937 (+139%), from €19,394 to €46,331
- Tax, wage and social debts -€12,767
down €12,767 (-24.4%), from €52,361 to €39,594
of which Taxes: -€26,504
- Gross operating margin +€82,353
up €82,353 (+3,543%), from €2,324 to €84,677
- Staff costs +€18,721
up €18,721 (+18.9%), from €98,840 to €117,561
- Financial income +€5,819
up €5,819 (+126%), from €4,623 to €10,442
of which Non-recurring financial income: +€5,887
- Financial charges +€4,802
up €4,802 (+345%), from €1,390 to €6,192
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 | €257,382 | €292,325 | +€34,942 | +13.6% |
| Fixed assets | 21/28 | €63,960 | €54,146 | -€9,813 | -15.3% |
| Tangible fixed assets | 22/27 | €63,960 | €54,146 | -€9,813 | -15.3% |
| Plant, machinery and equipment | 23 | €3,010 | €2,264 | -€746 | -24.8% |
| Furniture and vehicles | 24 | €21,896 | €16,502 | -€5,394 | -24.6% |
| Other tangible fixed assets | 26 | €39,054 | €35,381 | -€3,673 | -9.4% |
| Current assets | 29/58 | €193,423 | €238,178 | +€44,755 | +23.1% |
| Stocks and contracts in progress | 3 | €153,673 | €112,227 | -€41,446 | -27.0% |
| Stocks | 30/36 | €153,673 | €112,227 | -€41,446 | -27.0% |
| Amounts receivable within one year | 40/41 | €32,150 | €45,893 | +€13,742 | +42.7% |
| Trade receivables | 40 | €26,535 | €45,827 | +€19,292 | +72.7% |
| Other amounts receivable | 41 | €5,616 | €66 | -€5,550 | -98.8% |
| Cash at bank and in hand | 54/58 | €6,275 | €78,887 | +€72,612 | +1,157% |
| Deferred charges and accrued income | 490/1 | €1,324 | €1,172 | -€152 | -11.5% |
| Total equity and liabilities | 10/49 | €257,382 | €292,325 | +€34,942 | +13.6% |
| Equity | 10/15 | €39,110 | -€4,474 | -€43,583 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €59,500 | €59,500 | = | 0.0% |
| Distributable reserves | 133 | €59,500 | €59,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,990 | -€82,574 | -€43,583 | -112% |
| Amounts payable | 17/49 | €218,273 | €296,798 | +€78,526 | +36.0% |
| Amounts payable within one year | 42/48 | €215,745 | €296,798 | +€81,053 | +37.6% |
| Trade debts | 44 | €19,394 | €46,331 | +€26,937 | +139% |
| Suppliers | 440/4 | €19,394 | €46,331 | +€26,937 | +139% |
| Taxes, remuneration and social security | 45 | €52,361 | €39,594 | -€12,767 | -24.4% |
| Taxes | 450/3 | €37,338 | €10,834 | -€26,504 | -71.0% |
| Remuneration and social security | 454/9 | €15,023 | €28,760 | +€13,737 | +91.4% |
| Other amounts payable | 47/48 | €143,990 | €210,873 | +€66,883 | +46.5% |
| Accrued charges and deferred income | 492/3 | €2,527 | - | -€2,527 | |
| Remuneration, social security and pensions | 62 | €98,840 | €117,561 | +€18,721 | +18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,813 | €12,527 | -€286 | -2.2% |
| Other operating charges | 640/8 | €1,872 | €2,033 | +€161 | +8.6% |
| Non-recurring operating charges | 66A | €1,400 | €200 | -€1,200 | -85.7% |
| Gross operating margin | 9900 | €2,324 | €84,677 | +€82,353 | +3,543% |
| Operating profit (loss) | 9901 | -€112,600 | -€47,643 | +€64,957 | +57.7% |
| Financial income | 75/76B | €4,623 | €10,442 | +€5,819 | +126% |
| Recurring financial income | 75 | €73 | €5 | -€68 | -92.9% |
| Non-recurring financial income | 76B | €4,550 | €10,437 | +€5,887 | +129% |
| Financial charges | 65/66B | €1,390 | €6,192 | +€4,802 | +345% |
| Recurring financial charges | 65 | €1,390 | €6,192 | +€4,802 | +345% |
| Profit (loss) for the period before taxes | 9903 | -€109,367 | -€43,393 | +€65,975 | +60.3% |
| Income taxes | 67/77 | €169 | €191 | +€21 | +12.7% |
| Profit (loss) for the period | 9904 | -€109,537 | -€43,583 | +€65,953 | +60.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€109,537 | -€43,583 | +€65,953 | +60.2% |
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 18 October 2026 via checked.be.