LES AMARRES: 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.
LES AMARRES
Largest movements
- Current investments -€14,670
down €14,670 (-19.7%), from €74,355 to €59,685
- Tangible fixed assets -€4,712
down €4,712 (-3.6%), from €129,444 to €124,733
of which Land and buildings: -€3,836
- Receivables within one year -€2,770
down €2,770 (-43.0%), from €6,444 to €3,674
of which Trade receivables: -€1,939
- Other debts -€58,296
no longer reported in 2025 (was €58,296)
- Debts after one year +€45,353
new in 2025: €45,353
- Profit (loss) carried forward -€5,091
down €5,091 (-303%), from -€1,680 to -€6,771
- Accrued charges and deferred income -€2,571
down €2,571 (-75.8%), from €3,393 to €823
- Financial income -€2,718
down €2,718 (-48.5%), from €5,610 to €2,892
- Financial charges +€571
up €571 (+19.3%), from €2,960 to €3,531
- Other operating charges +€147
up €147 (+11.2%), from €1,309 to €1,456
- Taxes -€53
down €53 (-10.1%), from €527 to €474
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 | €230,578 | €208,209 | -€22,369 | -9.7% |
| Fixed assets | 21/28 | €129,444 | €124,733 | -€4,712 | -3.6% |
| Tangible fixed assets | 22/27 | €129,444 | €124,733 | -€4,712 | -3.6% |
| Land and buildings | 22 | €125,803 | €121,967 | -€3,836 | -3.0% |
| Furniture and vehicles | 24 | €3,641 | €2,766 | -€875 | -24.0% |
| Current assets | 29/58 | €101,134 | €83,477 | -€17,657 | -17.5% |
| Amounts receivable within one year | 40/41 | €6,444 | €3,674 | -€2,770 | -43.0% |
| Trade receivables | 40 | €3,222 | €1,282 | -€1,939 | -60.2% |
| Other amounts receivable | 41 | €3,222 | €2,392 | -€830 | -25.8% |
| Current investments | 50/53 | €74,355 | €59,685 | -€14,670 | -19.7% |
| Cash at bank and in hand | 54/58 | €20,335 | €20,118 | -€217 | -1.1% |
| Total equity and liabilities | 10/49 | €230,578 | €208,209 | -€22,369 | -9.7% |
| Equity | 10/15 | €164,901 | €159,810 | -€5,091 | -3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €147,981 | €147,981 | = | 0.0% |
| Non-distributable reserves | 130/1 | €31,537 | €31,537 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €29,677 | €29,677 | = | 0.0% |
| Distributable reserves | 133 | €116,443 | €116,443 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,680 | -€6,771 | -€5,091 | -303% |
| Amounts payable | 17/49 | €65,677 | €48,399 | -€17,278 | -26.3% |
| Amounts payable after more than one year | 17 | - | €45,353 | +€45,353 | |
| Other amounts payable | 178/9 | - | €45,353 | +€45,353 | |
| Amounts payable within one year | 42/48 | €62,284 | €2,223 | -€60,061 | -96.4% |
| Financial debts | 43 | €679 | €677 | -€3 | -0.4% |
| Other loans | 439 | €679 | €677 | -€3 | -0.4% |
| Trade debts | 44 | €1,786 | €1,229 | -€557 | -31.2% |
| Suppliers | 440/4 | €1,786 | €1,229 | -€557 | -31.2% |
| Taxes, remuneration and social security | 45 | €1,523 | €317 | -€1,206 | -79.2% |
| Taxes | 450/3 | €1,523 | €317 | -€1,206 | -79.2% |
| Other amounts payable | 47/48 | €58,296 | - | -€58,296 | |
| Accrued charges and deferred income | 492/3 | €3,393 | €823 | -€2,571 | -75.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,104 | €5,108 | +€4 | +0.1% |
| Other operating charges | 640/8 | €1,309 | €1,456 | +€147 | +11.2% |
| Gross operating margin | 9900 | €2,611 | €2,587 | -€24 | -0.9% |
| Operating profit (loss) | 9901 | -€3,803 | -€3,978 | -€175 | -4.6% |
| Financial income | 75/76B | €5,610 | €2,892 | -€2,718 | -48.5% |
| Recurring financial income | 75 | €5,610 | €2,892 | -€2,718 | -48.5% |
| Financial charges | 65/66B | €2,960 | €3,531 | +€571 | +19.3% |
| Recurring financial charges | 65 | €2,960 | €3,531 | +€571 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,153 | -€4,617 | -€3,464 | -301% |
| Income taxes | 67/77 | €527 | €474 | -€53 | -10.1% |
| Profit (loss) for the period | 9904 | -€1,680 | -€5,091 | -€3,411 | -203% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,680 | -€5,091 | -€3,411 | -203% |
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.