AMUSE: 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.
AMUSE
Largest movements
- Cash -€2,798
down €2,798 (-92.2%), from €3,034 to €235
mainly Investment in fixed assets (net) (-€2,450) and Stocks and contracts (-€1,929)
- Tangible fixed assets +€2,054
up €2,054 (+899.5%), from €228 to €2,283
of which Plant, machinery and equipment: +€2,094
- Stocks and contracts +€1,929
new in 2025: €1,929
- Deferred charges and accrued income +€152
up €152 (+1382.5%), from €11 to €164
- Other debts +€1,229
up €1,229 (+43.5%), from €2,824 to €4,053
- Profit (loss) carried forward +€126
up €126 (+6.1%), from -€2,051 to -€1,925
- Depreciation -€73
down €73 (-15.6%), from €468 to €396
- Gross operating margin +€31
up €31 (+3.0%), from €1,033 to €1,064
- Financial income +€22
new in 2025: €22
- Other operating charges +€14
up €14 (+2.8%), from €505 to €520
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 | €3,273 | €4,628 | +€1,355 | +41.4% |
| Fixed assets | 21/28 | €228 | €2,283 | +€2,054 | +899.5% |
| Tangible fixed assets | 22/27 | €228 | €2,283 | +€2,054 | +899.5% |
| Plant, machinery and equipment | 23 | - | €2,094 | +€2,094 | |
| Furniture and vehicles | 24 | €228 | €189 | -€39 | -17.2% |
| Current assets | 29/58 | €3,045 | €2,345 | -€700 | -23.0% |
| Stocks and contracts in progress | 3 | - | €1,929 | +€1,929 | |
| Stocks | 30/36 | - | €1,929 | +€1,929 | |
| Amounts receivable within one year | 40/41 | - | €18 | +€18 | |
| Trade receivables | 40 | - | €18 | +€18 | |
| Cash at bank and in hand | 54/58 | €3,034 | €235 | -€2,798 | -92.2% |
| Deferred charges and accrued income | 490/1 | €11 | €164 | +€152 | +1382.5% |
| Total equity and liabilities | 10/49 | €3,273 | €4,628 | +€1,355 | +41.4% |
| Equity | 10/15 | €449 | €575 | +€126 | +28.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,051 | -€1,925 | +€126 | +6.1% |
| Amounts payable | 17/49 | €2,824 | €4,053 | +€1,229 | +43.5% |
| Amounts payable within one year | 42/48 | €2,824 | €4,053 | +€1,229 | +43.5% |
| Other amounts payable | 47/48 | €2,824 | €4,053 | +€1,229 | +43.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €468 | €396 | -€73 | -15.6% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €1,033 | €1,064 | +€31 | +3.0% |
| Operating profit (loss) | 9901 | €59 | €149 | +€89 | +150.1% |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.5% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €16 | €126 | +€110 | +690.1% |
| Profit (loss) for the period | 9904 | €16 | €126 | +€110 | +690.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16 | €126 | +€110 | +690.1% |
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.