AMSO: 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.
AMSO
Largest movements
- Receivables within one year +€14,483
up €14,483 (+635%), from €2,281 to €16,764
of which Other amounts receivable: +€13,283
- Tangible fixed assets -€6,460
down €6,460 (-23.8%), from €27,116 to €20,656
- Cash +€2,420
up €2,420 (+11.7%), from €20,609 to €23,029
mainly Net result for the year (+€13,200) and Depreciation (+€6,460)
- Reserves +€13,200
up €13,200 (+148%), from €8,902 to €22,101
of which Distributable reserves: +€13,200
- Trade debts -€2,757
down €2,757 (-23.3%), from €11,848 to €9,091
- Gross operating margin -€23,713
down €23,713 (-47.6%), from €49,819 to €26,105
- Taxes -€5,907
down €5,907 (-55.4%), from €10,657 to €4,750
- Other operating charges -€2,052
down €2,052 (-57.7%), from €3,560 to €1,507
- Depreciation +€1,985
up €1,985 (+44.4%), from €4,475 to €6,460
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 | €50,007 | €60,449 | +€10,442 | +20.9% |
| Fixed assets | 21/28 | €27,116 | €20,656 | -€6,460 | -23.8% |
| Tangible fixed assets | 22/27 | €27,116 | €20,656 | -€6,460 | -23.8% |
| Furniture and vehicles | 24 | €27,116 | €20,656 | -€6,460 | -23.8% |
| Current assets | 29/58 | €22,891 | €39,793 | +€16,902 | +73.8% |
| Amounts receivable within one year | 40/41 | €2,281 | €16,764 | +€14,483 | +635% |
| Trade receivables | 40 | - | €1,200 | +€1,200 | |
| Other amounts receivable | 41 | €2,281 | €15,564 | +€13,283 | +582% |
| Cash at bank and in hand | 54/58 | €20,609 | €23,029 | +€2,420 | +11.7% |
| Total equity and liabilities | 10/49 | €50,007 | €60,449 | +€10,442 | +20.9% |
| Equity | 10/15 | €27,502 | €40,701 | +€13,200 | +48.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,902 | €22,101 | +€13,200 | +148% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €7,042 | €20,241 | +€13,200 | +187% |
| Amounts payable | 17/49 | €22,505 | €19,747 | -€2,757 | -12.3% |
| Amounts payable within one year | 42/48 | €22,505 | €19,747 | -€2,757 | -12.3% |
| Trade debts | 44 | €11,848 | €9,091 | -€2,757 | -23.3% |
| Suppliers | 440/4 | €11,848 | €9,091 | -€2,757 | -23.3% |
| Taxes, remuneration and social security | 45 | €10,657 | €10,657 | = | 0.0% |
| Taxes | 450/3 | €10,657 | €10,657 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,475 | €6,460 | +€1,985 | +44.4% |
| Other operating charges | 640/8 | €3,560 | €1,507 | -€2,052 | -57.7% |
| Gross operating margin | 9900 | €49,819 | €26,105 | -€23,713 | -47.6% |
| Operating profit (loss) | 9901 | €41,784 | €18,138 | -€23,646 | -56.6% |
| Financial income | 75/76B | €0 | €365 | +€365 | +3,652,900% |
| Recurring financial income | 75 | €0 | €365 | +€365 | +3,652,900% |
| Financial charges | 65/66B | €761 | €553 | -€208 | -27.3% |
| Recurring financial charges | 65 | €761 | €553 | -€208 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €41,022 | €17,950 | -€23,073 | -56.2% |
| Income taxes | 67/77 | €10,657 | €4,750 | -€5,907 | -55.4% |
| Profit (loss) for the period | 9904 | €30,366 | €13,200 | -€17,166 | -56.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,366 | €13,200 | -€17,166 | -56.5% |
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 14 October 2026 via checked.be.