AMVEST: 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.
AMVEST
Largest movements
- Stocks and contracts -€1.1m
down €1.1m (-78.0%), from €1.4m to €303,250
of which Stocks: -€1.1m
- Receivables within one year -€233,751
down €233,751 (-90.9%), from €257,137 to €23,385
of which Other amounts receivable: -€227,751
- Cash +€62,057
up €62,057 (+1,331%), from €4,661 to €66,718
mainly Stocks and contracts (+€1.1m) and Receivables within one year (+€233,751)
- Debts after one year -€831,804
down €831,804 (-60.2%), from €1.4m to €550,797
- Other debts -€223,199
down €223,199 (-40.9%), from €545,794 to €322,595
- Profit (loss) carried forward -€139,948
down €139,948 (-371%), from -€37,754 to -€177,702
- Trade debts -€76,190
down €76,190 (-94.7%), from €80,434 to €4,243
- Gross operating margin -€153,951
down €153,951, from €75,439 to -€78,513
- Financial charges -€30,058
down €30,058 (-41.7%), from €72,011 to €41,953
- Other operating charges +€1,836
up €1,836 (+242%), from €758 to €2,594
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 | €2,249,696 | €985,858 | -€1.3m | -56.2% |
| Fixed assets | 21/28 | €609,393 | €592,504 | -€16,889 | -2.8% |
| Tangible fixed assets | 22/27 | €609,393 | €592,504 | -€16,889 | -2.8% |
| Land and buildings | 22 | €609,393 | €592,504 | -€16,889 | -2.8% |
| Current assets | 29/58 | €1,640,303 | €393,353 | -€1.2m | -76.0% |
| Stocks and contracts in progress | 3 | €1,378,506 | €303,250 | -€1.1m | -78.0% |
| Stocks | 30/36 | €1,370,506 | €295,250 | -€1.1m | -78.5% |
| Contracts in progress | 37 | €8,000 | €8,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €257,137 | €23,385 | -€233,751 | -90.9% |
| Trade receivables | 40 | €28,776 | €22,776 | -€6,000 | -20.9% |
| Other amounts receivable | 41 | €228,361 | €609 | -€227,751 | -99.7% |
| Cash at bank and in hand | 54/58 | €4,661 | €66,718 | +€62,057 | +1,331% |
| Total equity and liabilities | 10/49 | €2,249,696 | €985,858 | -€1.3m | -56.2% |
| Equity | 10/15 | €212,246 | €72,298 | -€139,948 | -65.9% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,754 | -€177,702 | -€139,948 | -371% |
| Amounts payable | 17/49 | €2,037,451 | €913,560 | -€1.1m | -55.2% |
| Amounts payable after more than one year | 17 | €1,382,601 | €550,797 | -€831,804 | -60.2% |
| Financial debts | 170/4 | €1,382,601 | €550,797 | -€831,804 | -60.2% |
| Amounts payable within one year | 42/48 | €654,850 | €362,763 | -€292,087 | -44.6% |
| Current portion of amounts payable after more than one year | 42 | €24,996 | €35,924 | +€10,928 | +43.7% |
| Trade debts | 44 | €80,434 | €4,243 | -€76,190 | -94.7% |
| Suppliers | 440/4 | €80,434 | €4,243 | -€76,190 | -94.7% |
| Taxes, remuneration and social security | 45 | €3,626 | - | -€3,626 | |
| Taxes | 450/3 | €3,626 | - | -€3,626 | |
| Other amounts payable | 47/48 | €545,794 | €322,595 | -€223,199 | -40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,889 | €16,889 | = | 0.0% |
| Other operating charges | 640/8 | €758 | €2,594 | +€1,836 | +242% |
| Gross operating margin | 9900 | €75,439 | -€78,513 | -€153,951 | |
| Operating profit (loss) | 9901 | €57,792 | -€97,995 | -€155,788 | |
| Financial charges | 65/66B | €72,011 | €41,953 | -€30,058 | -41.7% |
| Recurring financial charges | 65 | €72,011 | €41,953 | -€30,058 | -41.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,218 | -€139,948 | -€125,730 | -884% |
| Profit (loss) for the period | 9904 | -€14,218 | -€139,948 | -€125,730 | -884% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,218 | -€139,948 | -€125,730 | -884% |
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 18 October 2026 via checked.be.