AMSS MANAGEMENT: 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.
AMSS MANAGEMENT
Largest movements
- Stocks and contracts +€325,329
up €325,329 (+1825.5%), from €17,821 to €343,151
of which Contracts in progress: +€264,744
- Cash -€215,818
down €215,818 (-79.7%), from €270,692 to €54,874
mainly Stocks and contracts (-€325,329) and Receivables within one year (-€173,562)
- Receivables within one year +€173,562
up €173,562 (+149.9%), from €115,761 to €289,323
of which Trade receivables: +€135,899
- Receivables after one year +€40,573
new in 2025: €40,573
- Deferred charges and accrued income +€35,000
up €35,000 (+6692.3%), from €523 to €35,523
- Trade debts +€170,169
up €170,169 (+264.6%), from €64,313 to €234,481
- Profit (loss) carried forward +€143,253
up €143,253 (+40.2%), from €356,020 to €499,274
- Other debts +€48,844
up €48,844 (+8368.9%), from €584 to €49,428
- Tax, wage and social debts +€35,527
up €35,527 (+127.0%), from €27,984 to €63,510
of which Remuneration and social security: +€24,799
- Staff costs +€241,975
up €241,975 (+173.3%), from €139,588 to €381,562
- Taxes -€67,108
down €67,108 (-52.4%), from €127,981 to €60,873
- Depreciation +€18,637
up €18,637 (+185.5%), from €10,046 to €28,683
- Gross operating margin +€15,294
up €15,294 (+2.3%), from €667,079 to €682,373
- Financial charges -€7,905
down €7,905 (-79.6%), from €9,934 to €2,029
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.
Cash bridge derived
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 | €460,929 | €856,693 | +€395,764 | +85.9% |
| Fixed assets | 21/28 | €56,132 | €93,250 | +€37,118 | +66.1% |
| Tangible fixed assets | 22/27 | €44,652 | €62,469 | +€17,818 | +39.9% |
| Plant, machinery and equipment | 23 | €14,430 | - | -€14,430 | |
| Furniture and vehicles | 24 | €30,222 | €58,249 | +€28,028 | +92.7% |
| Other tangible fixed assets | 26 | - | €4,220 | +€4,220 | |
| Financial fixed assets | 28 | €11,480 | €30,780 | +€19,300 | +168.1% |
| Current assets | 29/58 | €404,797 | €763,443 | +€358,646 | +88.6% |
| Amounts receivable after more than one year | 29 | - | €40,573 | +€40,573 | |
| Other amounts receivable | 291 | - | €40,573 | +€40,573 | |
| Stocks and contracts in progress | 3 | €17,821 | €343,151 | +€325,329 | +1825.5% |
| Stocks | 30/36 | €17,821 | €78,406 | +€60,585 | +340.0% |
| Contracts in progress | 37 | - | €264,744 | +€264,744 | |
| Amounts receivable within one year | 40/41 | €115,761 | €289,323 | +€173,562 | +149.9% |
| Trade receivables | 40 | €50,537 | €186,436 | +€135,899 | +268.9% |
| Other amounts receivable | 41 | €65,224 | €102,887 | +€37,663 | +57.7% |
| Cash at bank and in hand | 54/58 | €270,692 | €54,874 | -€215,818 | -79.7% |
| Deferred charges and accrued income | 490/1 | €523 | €35,523 | +€35,000 | +6692.3% |
| Total equity and liabilities | 10/49 | €460,929 | €856,693 | +€395,764 | +85.9% |
| Equity | 10/15 | €366,020 | €509,274 | +€143,253 | +39.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €356,020 | €499,274 | +€143,253 | +40.2% |
| Amounts payable | 17/49 | €94,909 | €347,419 | +€252,510 | +266.1% |
| Amounts payable within one year | 42/48 | €94,909 | €347,419 | +€252,510 | +266.1% |
| Current portion of amounts payable after more than one year | 42 | €2,029 | - | -€2,029 | |
| Trade debts | 44 | €64,313 | €234,481 | +€170,169 | +264.6% |
| Suppliers | 440/4 | €64,313 | €234,481 | +€170,169 | +264.6% |
| Taxes, remuneration and social security | 45 | €27,984 | €63,510 | +€35,527 | +127.0% |
| Taxes | 450/3 | €27,984 | €38,711 | +€10,727 | +38.3% |
| Remuneration and social security | 454/9 | - | €24,799 | +€24,799 | |
| Other amounts payable | 47/48 | €584 | €49,428 | +€48,844 | +8368.9% |
| Remuneration, social security and pensions | 62 | €139,588 | €381,562 | +€241,975 | +173.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,046 | €28,683 | +€18,637 | +185.5% |
| Other operating charges | 640/8 | €7,373 | €13,030 | +€5,657 | +76.7% |
| Gross operating margin | 9900 | €667,079 | €682,373 | +€15,294 | +2.3% |
| Operating profit (loss) | 9901 | €510,073 | €259,098 | -€250,974 | -49.2% |
| Financial income | 75/76B | €9 | €56 | +€47 | +514.6% |
| Recurring financial income | 75 | €9 | €56 | +€47 | +514.6% |
| Financial charges | 65/66B | €9,934 | €2,029 | -€7,905 | -79.6% |
| Recurring financial charges | 65 | €9,934 | €2,029 | -€7,905 | -79.6% |
| Profit (loss) for the period before taxes | 9903 | €500,148 | €257,126 | -€243,022 | -48.6% |
| Income taxes | 67/77 | €127,981 | €60,873 | -€67,108 | -52.4% |
| Profit (loss) for the period | 9904 | €372,167 | €196,253 | -€175,914 | -47.3% |
| Profit (loss) for the period to be appropriated | 9905 | €372,167 | €196,253 | -€175,914 | -47.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.