DR. JO AMPE: 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.
What changed
DR. JO AMPE
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€396,304
2024 · €85,651+€310,653
Equity
€5.1m
2024 · €5.0m+€69,804
Cash
€39,300
2024 · €252,097-€212,797
Balance sheet total
€5.7m
2024 · €5.6m+€103,127
Largest movements
Assets
- Receivables within one year +€1.1m
up €1.1m (+1,660%), from €67,187 to €1.2m
- Current investments -€717,396
down €717,396 (-28.9%), from €2.5m to €1.8m
- Cash -€212,797
down €212,797 (-84.4%), from €252,097 to €39,300
mainly Receivables within one year (-€1.1m) and Contributions, distributions and other (-€326,500)
Equity and liabilities
- Reserves +€69,390
up €69,390 (+1.4%), from €5.0m to €5.1m
of which Distributable reserves: +€74,500
Income statement
- Financial charges -€238,720
down €238,720 (-78.0%), from €306,199 to €67,478
- Financial income +€138,660
up €138,660 (+29.3%), from €473,923 to €612,583
- Taxes +€56,436
up €56,436 (+37.7%), from €149,895 to €206,331
- Gross operating margin -€16,368
down €16,368 (-12.2%), from €134,204 to €117,835
- Depreciation -€4,113
down €4,113 (-8.2%), from €50,458 to €46,345
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.
Result 2024
€85,651
Gross operating margin
-€16,368
Depreciation
+€4,113
Other operating charges
-€1,136
Other operating items
+€3,100
Financial income
+€138,660
Financial charges
+€238,720
Taxes
-€56,436
Result 2025
€396,304
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€602,991
Investment
+€716,693
Financing
-€326,500
Cash 2024
€252,097
From operations (derived)
-€602,991
Net result for the year
+€396,304
Depreciation
+€46,345
Smaller working-capital items
-€1,650
Receivables within one year
-€1.1m
Deferred charges and accrued income
+€33,787
Provisions
-€4,038
Trade debts
-€6,169
Tax, wage and social debts
+€47,693
Investment (derived)
+€716,693
Investment in fixed assets (net)
-€703
Current investments
+€717,396
Financing
-€326,500
Contributions, distributions and other
-€326,500
Cash 2025
€39,300
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,568,632 | €5,671,759 | +€103,127 | +1.9% |
| Fixed assets | 21/28 | €1,197,293 | €1,151,651 | -€45,642 | -3.8% |
| Tangible fixed assets | 22/27 | €1,173,670 | €1,129,745 | -€43,925 | -3.7% |
| Land and buildings | 22 | €1,119,910 | €1,074,932 | -€44,978 | -4.0% |
| Plant, machinery and equipment | 23 | €175 | €1,613 | +€1,439 | +824% |
| Furniture and vehicles | 24 | €385 | €0 | -€385 | -100% |
| Other tangible fixed assets | 26 | €53,200 | €53,200 | = | 0.0% |
| Financial fixed assets | 28 | €23,623 | €21,906 | -€1,718 | -7.3% |
| Current assets | 29/58 | €4,371,339 | €4,520,108 | +€148,770 | +3.4% |
| Amounts receivable after more than one year | 29 | €1,467,664 | €1,465,151 | -€2,513 | -0.2% |
| Other amounts receivable | 291 | €1,467,664 | €1,465,151 | -€2,513 | -0.2% |
| Amounts receivable within one year | 40/41 | €67,187 | €1,182,451 | +€1.1m | +1,660% |
| Other amounts receivable | 41 | €67,187 | €1,182,451 | +€1.1m | +1,660% |
| Current investments | 50/53 | €2,481,377 | €1,763,981 | -€717,396 | -28.9% |
| Cash at bank and in hand | 54/58 | €252,097 | €39,300 | -€212,797 | -84.4% |
| Deferred charges and accrued income | 490/1 | €103,013 | €69,226 | -€33,787 | -32.8% |
| Total equity and liabilities | 10/49 | €5,568,632 | €5,671,759 | +€103,127 | +1.9% |
| Equity | 10/15 | €5,019,423 | €5,089,227 | +€69,804 | +1.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €7,579 | €7,579 | = | 0.0% |
| Reserves | 13 | €4,987,043 | €5,056,433 | +€69,390 | +1.4% |
| Tax-exempt reserves | 132 | €351,938 | €346,828 | -€5,110 | -1.5% |
| Distributable reserves | 133 | €4,635,105 | €4,709,605 | +€74,500 | +1.6% |
| Profit (loss) carried forward | 14 | €4,801 | €5,215 | +€414 | +8.6% |
| Provisions and deferred taxes | 16 | €468,235 | €464,197 | -€4,038 | -0.9% |
| Provisions for liabilities and charges | 160/5 | €338,868 | €336,992 | -€1,876 | -0.6% |
| Other liabilities and charges | 164/5 | €338,868 | €336,992 | -€1,876 | -0.6% |
| Deferred taxes | 168 | €129,367 | €127,205 | -€2,162 | -1.7% |
| Amounts payable | 17/49 | €80,974 | €118,335 | +€37,362 | +46.1% |
| Amounts payable within one year | 42/48 | €79,205 | €118,335 | +€39,130 | +49.4% |
| Trade debts | 44 | €9,667 | €3,499 | -€6,169 | -63.8% |
| Suppliers | 440/4 | €9,667 | €3,499 | -€6,169 | -63.8% |
| Taxes, remuneration and social security | 45 | €67,143 | €114,837 | +€47,693 | +71.0% |
| Taxes | 450/3 | €67,143 | €114,837 | +€47,693 | +71.0% |
| Other amounts payable | 47/48 | €2,395 | €0 | -€2,395 | -100% |
| Accrued charges and deferred income | 492/3 | €1,768 | €0 | -€1,768 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,458 | €46,345 | -€4,113 | -8.2% |
| Other operating charges | 640/8 | €14,986 | €16,122 | +€1,136 | +7.6% |
| Non-recurring operating charges | 66A | €3,100 | €0 | -€3,100 | -100% |
| Gross operating margin | 9900 | €134,204 | €117,835 | -€16,368 | -12.2% |
| Operating profit (loss) | 9901 | €65,659 | €55,368 | -€10,291 | -15.7% |
| Financial income | 75/76B | €473,923 | €612,583 | +€138,660 | +29.3% |
| Recurring financial income | 75 | €473,923 | €612,583 | +€138,660 | +29.3% |
| Financial charges | 65/66B | €306,199 | €67,478 | -€238,720 | -78.0% |
| Recurring financial charges | 65 | €306,199 | €67,478 | -€238,720 | -78.0% |
| Profit (loss) for the period before taxes | 9903 | €233,384 | €600,472 | +€367,089 | +157% |
| Transfer from deferred taxes | 780 | €2,162 | €2,162 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €149,895 | €206,331 | +€56,436 | +37.7% |
| Profit (loss) for the period | 9904 | €85,651 | €396,304 | +€310,653 | +363% |
| Transfer from tax-exempt reserves | 789 | €5,110 | €5,110 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €90,761 | €401,414 | +€310,653 | +342% |
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 25 October 2026 via checked.be.