Amu: 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.
Amu
Largest movements
- Cash -€39,866
down €39,866 (-34.1%), from €117,062 to €77,196
mainly Trade debts (-€58,204) and Other debts (-€38,959)
- Tangible fixed assets -€22,982
down €22,982 (-3.9%), from €583,250 to €560,268
of which Land and buildings: -€19,872
- Profit (loss) carried forward +€62,528
up €62,528 (+65.6%), from €95,278 to €157,806
- Trade debts -€58,204
down €58,204 (-83.9%), from €69,353 to €11,149
- Other debts -€38,959
down €38,959 (-100%), from €38,959 to €0
- Debts after one year -€26,149
down €26,149 (-5.7%), from €462,806 to €436,656
- Gross operating margin +€23,704
up €23,704 (+18.4%), from €128,922 to €152,626
- Depreciation -€14,377
down €14,377 (-36.5%), from €39,359 to €24,982
- Taxes +€6,753
up €6,753 (+75.6%), from €8,929 to €15,681
- Financial charges +€5,346
up €5,346 (+24.9%), from €21,496 to €26,843
- Staff costs -€3,893
down €3,893 (-19.8%), from €19,678 to €15,785
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 | €738,098 | €676,021 | -€62,078 | -8.4% |
| Fixed assets | 21/28 | €601,681 | €576,700 | -€24,982 | -4.2% |
| Intangible fixed assets | 21 | €18,432 | €16,432 | -€2,000 | -10.9% |
| Tangible fixed assets | 22/27 | €583,250 | €560,268 | -€22,982 | -3.9% |
| Land and buildings | 22 | €525,290 | €505,418 | -€19,872 | -3.8% |
| Plant, machinery and equipment | 23 | €57,960 | €54,850 | -€3,110 | -5.4% |
| Current assets | 29/58 | €136,417 | €99,321 | -€37,096 | -27.2% |
| Stocks and contracts in progress | 3 | €19,315 | €18,706 | -€609 | -3.2% |
| Stocks | 30/36 | €19,315 | €18,706 | -€609 | -3.2% |
| Amounts receivable within one year | 40/41 | €40 | €3,419 | +€3,379 | +8,449% |
| Trade receivables | 40 | €40 | €3,105 | +€3,065 | +7,664% |
| Other amounts receivable | 41 | - | €314 | +€314 | |
| Cash at bank and in hand | 54/58 | €117,062 | €77,196 | -€39,866 | -34.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €738,098 | €676,021 | -€62,078 | -8.4% |
| Equity | 10/15 | €105,278 | €167,806 | +€62,528 | +59.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,278 | €157,806 | +€62,528 | +65.6% |
| Amounts payable | 17/49 | €632,820 | €508,214 | -€124,606 | -19.7% |
| Amounts payable after more than one year | 17 | €462,806 | €436,656 | -€26,149 | -5.7% |
| Financial debts | 170/4 | €462,806 | €436,656 | -€26,149 | -5.7% |
| Amounts payable within one year | 42/48 | €159,835 | €61,423 | -€98,412 | -61.6% |
| Current portion of amounts payable after more than one year | 42 | €24,993 | €29,087 | +€4,094 | +16.4% |
| Trade debts | 44 | €69,353 | €11,149 | -€58,204 | -83.9% |
| Suppliers | 440/4 | €69,353 | €11,149 | -€58,204 | -83.9% |
| Taxes, remuneration and social security | 45 | €26,530 | €21,187 | -€5,342 | -20.1% |
| Taxes | 450/3 | €21,161 | €15,319 | -€5,842 | -27.6% |
| Remuneration and social security | 454/9 | €5,369 | €5,869 | +€500 | +9.3% |
| Other amounts payable | 47/48 | €38,959 | €0 | -€38,959 | -100% |
| Accrued charges and deferred income | 492/3 | €10,179 | €10,135 | -€45 | -0.4% |
| Remuneration, social security and pensions | 62 | €19,678 | €15,785 | -€3,893 | -19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,359 | €24,982 | -€14,377 | -36.5% |
| Other operating charges | 640/8 | €5,278 | €6,922 | +€1,644 | +31.1% |
| Gross operating margin | 9900 | €128,922 | €152,626 | +€23,704 | +18.4% |
| Operating profit (loss) | 9901 | €64,607 | €104,937 | +€40,330 | +62.4% |
| Financial income | 75/76B | - | €115 | +€115 | |
| Recurring financial income | 75 | - | €115 | +€115 | |
| Financial charges | 65/66B | €21,496 | €26,843 | +€5,346 | +24.9% |
| Recurring financial charges | 65 | €21,496 | €26,843 | +€5,346 | +24.9% |
| Profit (loss) for the period before taxes | 9903 | €43,111 | €78,209 | +€35,098 | +81.4% |
| Income taxes | 67/77 | €8,929 | €15,681 | +€6,753 | +75.6% |
| Profit (loss) for the period | 9904 | €34,182 | €62,528 | +€28,346 | +82.9% |
| Profit (loss) for the period to be appropriated | 9905 | €34,182 | €62,528 | +€28,346 | +82.9% |
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 13 October 2026 via checked.be.