AMSET: 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.
AMSET
Largest movements
- Receivables within one year -€21.5m
down €21.5m (-100.0%), from €21.5m to €0
- Other debts -€19.7m
down €19.7m (-89.9%), from €21.9m to €2.2m
- Trade debts -€1.9m
down €1.9m (-99.9%), from €1.9m to €1,671
- Financial charges -€1.1m
down €1.1m (-58.9%), from €1.9m to €774,989
- Financial income -€524,300
down €524,300 (-35.5%), from €1.5m to €951,299
of which Non-recurring financial income: -€388,149
- Gross operating margin -€27,393
down €27,393 (-543.7%), from -€5,039 to -€32,431
- Taxes -€7,269
down €7,269, from €0 to -€7,269
- Other operating charges +€1,928
up €1,928 (+2700.4%), from €71 to €1,999
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,351,050 | €4,866,719 | -€21.5m | -81.5% |
| Fixed assets | 21/28 | €4,719,623 | €4,719,623 | = | 0.0% |
| Financial fixed assets | 28 | €4,719,623 | €4,719,623 | = | 0.0% |
| Current assets | 29/58 | €21,631,427 | €147,097 | -€21.5m | -99.3% |
| Amounts receivable within one year | 40/41 | €21,489,341 | €0 | -€21.5m | -100.0% |
| Other amounts receivable | 41 | €21,489,341 | €0 | -€21.5m | -100.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €142,086 | €147,097 | +€5,011 | +3.5% |
| Total equity and liabilities | 10/49 | €26,351,050 | €4,866,719 | -€21.5m | -81.5% |
| Equity | 10/15 | €2,502,898 | €2,652,047 | +€149,148 | +6.0% |
| Contributions | 10/11 | €1,218,550 | €1,218,550 | = | 0.0% |
| Reserves | 13 | €16,076 | €16,076 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,076 | €0 | -€16,076 | -100.0% |
| Reserves not available under the articles | 1311 | €16,076 | €0 | -€16,076 | -100.0% |
| Distributable reserves | 133 | - | €16,076 | +€16,076 | |
| Profit (loss) carried forward | 14 | €1,268,273 | €1,417,421 | +€149,148 | +11.8% |
| Amounts payable | 17/49 | €23,848,152 | €2,214,673 | -€21.6m | -90.7% |
| Amounts payable within one year | 42/48 | €23,848,152 | €2,214,673 | -€21.6m | -90.7% |
| Trade debts | 44 | €1,934,735 | €1,671 | -€1.9m | -99.9% |
| Suppliers | 440/4 | €1,934,735 | €1,671 | -€1.9m | -99.9% |
| Other amounts payable | 47/48 | €21,913,417 | €2,213,001 | -€19.7m | -89.9% |
| Other operating charges | 640/8 | €71 | €1,999 | +€1,928 | +2700.4% |
| Gross operating margin | 9900 | -€5,039 | -€32,431 | -€27,393 | -543.7% |
| Operating profit (loss) | 9901 | -€5,110 | -€34,431 | -€29,321 | -573.8% |
| Financial income | 75/76B | €1,475,599 | €951,299 | -€524,300 | -35.5% |
| Recurring financial income | 75 | €1,087,450 | €951,299 | -€136,151 | -12.5% |
| Non-recurring financial income | 76B | €388,149 | €0 | -€388,149 | -100.0% |
| Financial charges | 65/66B | €1,885,785 | €774,989 | -€1.1m | -58.9% |
| Recurring financial charges | 65 | €1,885,785 | €774,989 | -€1.1m | -58.9% |
| Profit (loss) for the period before taxes | 9903 | -€415,296 | €141,879 | +€557,175 | |
| Income taxes | 67/77 | €0 | -€7,269 | -€7,269 | |
| Profit (loss) for the period | 9904 | -€415,296 | €149,148 | +€564,444 | |
| Profit (loss) for the period to be appropriated | 9905 | -€415,296 | €149,148 | +€564,444 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.