Amudes: 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.
Amudes
Largest movements
- Cash +€83,786
up €83,786 (+38.6%), from €217,207 to €300,993
mainly Net result for the year (+€65,546) and Other debts (+€31,791)
- Receivables within one year -€13,650
down €13,650 (-41.4%), from €32,946 to €19,296
of which Trade receivables: -€13,122
- Deferred charges and accrued income -€3,461
down €3,461 (-39.3%), from €8,804 to €5,344
- Reserves +€33,096
up €33,096 (+19.1%), from €172,950 to €206,046
- Other debts +€31,791
up €31,791 (+49.4%), from €64,309 to €96,100
- Depreciation -€13,270
down €13,270 (-98.7%), from €13,447 to €177
- Taxes +€4,142
up €4,142 (+20.2%), from €20,552 to €24,694
- Gross operating margin +€2,622
up €2,622 (+2.8%), from €93,876 to €96,498
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 | €258,957 | €326,087 | +€67,130 | +25.9% |
| Fixed assets | 21/28 | - | €454 | +€454 | |
| Tangible fixed assets | 22/27 | - | €454 | +€454 | |
| Plant, machinery and equipment | 23 | - | €454 | +€454 | |
| Current assets | 29/58 | €258,957 | €325,633 | +€66,676 | +25.7% |
| Amounts receivable within one year | 40/41 | €32,946 | €19,296 | -€13,650 | -41.4% |
| Trade receivables | 40 | €30,546 | €17,424 | -€13,122 | -43.0% |
| Other amounts receivable | 41 | €2,400 | €1,872 | -€528 | -22.0% |
| Cash at bank and in hand | 54/58 | €217,207 | €300,993 | +€83,786 | +38.6% |
| Deferred charges and accrued income | 490/1 | €8,804 | €5,344 | -€3,461 | -39.3% |
| Total equity and liabilities | 10/49 | €258,957 | €326,087 | +€67,130 | +25.9% |
| Equity | 10/15 | €173,970 | €207,066 | +€33,096 | +19.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €172,950 | €206,046 | +€33,096 | +19.1% |
| Distributable reserves | 133 | €172,950 | €206,046 | +€33,096 | +19.1% |
| Profit (loss) carried forward | 14 | €20 | €20 | = | 0.0% |
| Amounts payable | 17/49 | €84,987 | €119,022 | +€34,034 | +40.0% |
| Amounts payable within one year | 42/48 | €80,201 | €113,458 | +€33,257 | +41.5% |
| Trade debts | 44 | €404 | €451 | +€47 | +11.5% |
| Suppliers | 440/4 | €404 | €451 | +€47 | +11.5% |
| Taxes, remuneration and social security | 45 | €15,488 | €16,907 | +€1,420 | +9.2% |
| Taxes | 450/3 | €15,488 | €16,907 | +€1,420 | +9.2% |
| Other amounts payable | 47/48 | €64,309 | €96,100 | +€31,791 | +49.4% |
| Accrued charges and deferred income | 492/3 | €4,787 | €5,564 | +€777 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,447 | €177 | -€13,270 | -98.7% |
| Other operating charges | 640/8 | €451 | €464 | +€13 | +2.8% |
| Gross operating margin | 9900 | €93,876 | €96,498 | +€2,622 | +2.8% |
| Operating profit (loss) | 9901 | €79,979 | €95,858 | +€15,879 | +19.9% |
| Financial charges | 65/66B | €4,822 | €5,618 | +€796 | +16.5% |
| Recurring financial charges | 65 | €4,822 | €5,618 | +€796 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | €75,157 | €90,240 | +€15,083 | +20.1% |
| Income taxes | 67/77 | €20,552 | €24,694 | +€4,142 | +20.2% |
| Profit (loss) for the period | 9904 | €54,605 | €65,546 | +€10,941 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,605 | €65,546 | +€10,941 | +20.0% |
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 20 October 2026 via checked.be.