AMS: 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.
AMS
Largest movements
- Cash +€227,769
up €227,769 (+1,166%), from €19,534 to €247,303
mainly Investment in fixed assets (net) (+€209,709) and Net result for the year (+€200,132)
- Tangible fixed assets -€214,174
down €214,174 (-98.7%), from €216,925 to €2,751
of which Land and buildings: -€203,763
- Receivables within one year -€11,276
down €11,276 (-57.1%), from €19,742 to €8,466
- Debts after one year -€102,870
down €102,870 (-100%), from €102,870 to €0
- Reserves +€70,110
up €70,110 (+72.2%), from €97,171 to €167,281
- Tax, wage and social debts +€61,493
up €61,493 (+802%), from €7,663 to €69,157
of which Taxes: +€60,795
- Other debts -€57,152
down €57,152 (-95.9%), from €59,616 to €2,463
- Profit (loss) carried forward +€32,851
up €32,851, from -€32,851 to €0
- Gross operating margin +€192,354
up €192,354 (+272%), from €70,798 to €263,153
- Taxes +€33,954
up €33,954 (+553,895%), from €6 to €33,960
- Staff costs -€25,258
down €25,258 (-59.7%), from €42,305 to €17,047
- Depreciation -€17,693
down €17,693 (-79.8%), from €22,158 to €4,465
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 | €256,359 | €260,348 | +€3,989 | +1.6% |
| Fixed assets | 21/28 | €216,925 | €2,751 | -€214,174 | -98.7% |
| Tangible fixed assets | 22/27 | €216,925 | €2,751 | -€214,174 | -98.7% |
| Land and buildings | 22 | €203,763 | €0 | -€203,763 | -100% |
| Plant, machinery and equipment | 23 | €760 | €0 | -€760 | -100% |
| Furniture and vehicles | 24 | €12,402 | €2,751 | -€9,651 | -77.8% |
| Current assets | 29/58 | €39,435 | €257,597 | +€218,162 | +553% |
| Amounts receivable within one year | 40/41 | €19,742 | €8,466 | -€11,276 | -57.1% |
| Trade receivables | 40 | €19,742 | €8,466 | -€11,276 | -57.1% |
| Cash at bank and in hand | 54/58 | €19,534 | €247,303 | +€227,769 | +1,166% |
| Deferred charges and accrued income | 490/1 | €159 | €1,828 | +€1,669 | +1,048% |
| Total equity and liabilities | 10/49 | €256,359 | €260,348 | +€3,989 | +1.6% |
| Equity | 10/15 | €82,920 | €185,881 | +€102,961 | +124% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €97,171 | €167,281 | +€70,110 | +72.2% |
| Distributable reserves | 133 | €97,171 | €167,281 | +€70,110 | +72.2% |
| Profit (loss) carried forward | 14 | -€32,851 | €0 | +€32,851 | |
| Amounts payable | 17/49 | €173,439 | €74,467 | -€98,972 | -57.1% |
| Amounts payable after more than one year | 17 | €102,870 | €0 | -€102,870 | -100% |
| Financial debts | 170/4 | €102,870 | €0 | -€102,870 | -100% |
| Amounts payable within one year | 42/48 | €70,569 | €74,467 | +€3,898 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €2,632 | €0 | -€2,632 | -100% |
| Trade debts | 44 | €658 | €2,848 | +€2,189 | +333% |
| Suppliers | 440/4 | €658 | €2,848 | +€2,189 | +333% |
| Taxes, remuneration and social security | 45 | €7,663 | €69,157 | +€61,493 | +802% |
| Taxes | 450/3 | €6,463 | €67,257 | +€60,795 | +941% |
| Remuneration and social security | 454/9 | €1,201 | €1,899 | +€698 | +58.1% |
| Other amounts payable | 47/48 | €59,616 | €2,463 | -€57,152 | -95.9% |
| Non-recurring operating income | 76A | - | €208,882 | +€208,882 | |
| Remuneration, social security and pensions | 62 | €42,305 | €17,047 | -€25,258 | -59.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,158 | €4,465 | -€17,693 | -79.8% |
| Other operating charges | 640/8 | €1,105 | €3,546 | +€2,441 | +221% |
| Non-recurring operating charges | 66A | - | €102 | +€102 | |
| Gross operating margin | 9900 | €70,798 | €263,153 | +€192,354 | +272% |
| Operating profit (loss) | 9901 | €5,230 | €237,993 | +€232,763 | +4,451% |
| Financial income | 75/76B | €20 | €22 | +€2 | +7.7% |
| Recurring financial income | 75 | €20 | €22 | +€2 | +7.7% |
| Financial charges | 65/66B | €4,523 | €3,923 | -€599 | -13.3% |
| Recurring financial charges | 65 | €4,523 | €3,923 | -€599 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €727 | €234,092 | +€233,364 | +32,086% |
| Income taxes | 67/77 | €6 | €33,960 | +€33,954 | +553,895% |
| Profit (loss) for the period | 9904 | €721 | €200,132 | +€199,410 | +27,651% |
| Profit (loss) for the period to be appropriated | 9905 | €721 | €200,132 | +€199,410 | +27,651% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.