AMWE Advice: 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.
AMWE Advice
Largest movements
- Cash +€48,612
up €48,612 (+209.8%), from €23,165 to €71,777
mainly Net result for the year (+€31,255) and Receivables within one year (+€24,805)
- Receivables within one year -€24,805
down €24,805 (-65.1%), from €38,115 to €13,310
- Tangible fixed assets -€1,827
down €1,827 (-9.8%), from €18,663 to €16,836
of which Furniture and vehicles: -€4,000
- Reserves +€31,255
up €31,255 (+88.9%), from €35,160 to €66,415
- Trade debts -€17,654
down €17,654 (-86.8%), from €20,350 to €2,696
- Tax, wage and social debts +€8,977
up €8,977 (+63.4%), from €14,153 to €23,130
- Depreciation +€2,964
up €2,964 (+221.7%), from €1,337 to €4,301
- Gross operating margin -€1,471
down €1,471 (-3.2%), from €45,399 to €43,928
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 | €79,943 | €101,923 | +€21,980 | +27.5% |
| Fixed assets | 21/28 | €18,663 | €16,836 | -€1,827 | -9.8% |
| Tangible fixed assets | 22/27 | €18,663 | €16,836 | -€1,827 | -9.8% |
| Plant, machinery and equipment | 23 | - | €2,173 | +€2,173 | |
| Furniture and vehicles | 24 | €18,663 | €14,663 | -€4,000 | -21.4% |
| Current assets | 29/58 | €61,280 | €85,087 | +€23,807 | +38.8% |
| Amounts receivable within one year | 40/41 | €38,115 | €13,310 | -€24,805 | -65.1% |
| Trade receivables | 40 | €38,115 | €13,310 | -€24,805 | -65.1% |
| Cash at bank and in hand | 54/58 | €23,165 | €71,777 | +€48,612 | +209.8% |
| Total equity and liabilities | 10/49 | €79,943 | €101,923 | +€21,980 | +27.5% |
| Equity | 10/15 | €38,660 | €69,915 | +€31,255 | +80.8% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €35,160 | €66,415 | +€31,255 | +88.9% |
| Distributable reserves | 133 | €35,160 | €66,415 | +€31,255 | +88.9% |
| Amounts payable | 17/49 | €41,283 | €32,008 | -€9,276 | -22.5% |
| Amounts payable within one year | 42/48 | €41,283 | €32,008 | -€9,276 | -22.5% |
| Trade debts | 44 | €20,350 | €2,696 | -€17,654 | -86.8% |
| Suppliers | 440/4 | €20,350 | €2,696 | -€17,654 | -86.8% |
| Taxes, remuneration and social security | 45 | €14,153 | €23,130 | +€8,977 | +63.4% |
| Taxes | 450/3 | €14,153 | €23,130 | +€8,977 | +63.4% |
| Other amounts payable | 47/48 | €6,780 | €6,182 | -€598 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,337 | €4,301 | +€2,964 | +221.7% |
| Other operating charges | 640/8 | €50 | - | -€50 | |
| Gross operating margin | 9900 | €45,399 | €43,928 | -€1,471 | -3.2% |
| Operating profit (loss) | 9901 | €44,012 | €39,627 | -€4,385 | -10.0% |
| Financial income | 75/76B | - | €102 | +€102 | |
| Recurring financial income | 75 | - | €102 | +€102 | |
| Financial charges | 65/66B | €10 | - | -€10 | |
| Recurring financial charges | 65 | €10 | - | -€10 | |
| Profit (loss) for the period before taxes | 9903 | €44,002 | €39,730 | -€4,272 | -9.7% |
| Income taxes | 67/77 | €8,842 | €8,474 | -€368 | -4.2% |
| Profit (loss) for the period | 9904 | €35,160 | €31,255 | -€3,905 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,160 | €31,255 | -€3,905 | -11.1% |
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 11 October 2026 via checked.be.