PATRICK AMERYCKX: 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.
PATRICK AMERYCKX
Largest movements
- Cash +€48,485
up €48,485 (+41.1%), from €118,087 to €166,572
mainly Net result for the year (+€70,365) and Receivables within one year (+€35,177)
- Receivables within one year -€35,177
down €35,177 (-42.3%), from €83,250 to €48,073
of which Other amounts receivable: -€33,963
- Tangible fixed assets -€30,916
down €30,916 (-41.8%), from €74,039 to €43,123
- Reserves +€50,000
up €50,000 (+2688.2%), from €1,860 to €51,860
- Tax, wage and social debts -€30,935
down €30,935 (-72.2%), from €42,860 to €11,925
- Trade debts -€25,085
down €25,085 (-90.7%), from €27,647 to €2,563
- Other debts -€15,795
down €15,795 (-50.8%), from €31,091 to €15,296
- Taxes +€10,475
up €10,475 (+107.0%), from €9,789 to €20,265
- Gross operating margin +€2,821
up €2,821 (+2.3%), from €121,519 to €124,341
- Financial charges +€2,059
up €2,059 (+180.8%), from €1,138 to €3,197
of which Non-recurring financial charges: +€1,045
- Depreciation -€1,292
down €1,292 (-4.0%), from €32,208 to €30,916
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 | €279,438 | €259,837 | -€19,601 | -7.0% |
| Fixed assets | 21/28 | €75,039 | €44,123 | -€30,916 | -41.2% |
| Tangible fixed assets | 22/27 | €74,039 | €43,123 | -€30,916 | -41.8% |
| Furniture and vehicles | 24 | €74,039 | €43,123 | -€30,916 | -41.8% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €204,399 | €215,714 | +€11,315 | +5.5% |
| Amounts receivable within one year | 40/41 | €83,250 | €48,073 | -€35,177 | -42.3% |
| Trade receivables | 40 | €38,361 | €37,147 | -€1,214 | -3.2% |
| Other amounts receivable | 41 | €44,889 | €10,926 | -€33,963 | -75.7% |
| Cash at bank and in hand | 54/58 | €118,087 | €166,572 | +€48,485 | +41.1% |
| Deferred charges and accrued income | 490/1 | €3,062 | €1,069 | -€1,993 | -65.1% |
| Total equity and liabilities | 10/49 | €279,438 | €259,837 | -€19,601 | -7.0% |
| Equity | 10/15 | €176,589 | €228,954 | +€52,365 | +29.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €51,860 | +€50,000 | +2688.2% |
| Non-distributable reserves | 130/1 | €1,860 | €51,860 | +€50,000 | +2688.2% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | - | €50,000 | +€50,000 | |
| Profit (loss) carried forward | 14 | €156,129 | €158,494 | +€2,365 | +1.5% |
| Amounts payable | 17/49 | €102,849 | €30,883 | -€71,966 | -70.0% |
| Amounts payable within one year | 42/48 | €102,849 | €30,883 | -€71,966 | -70.0% |
| Current portion of amounts payable after more than one year | 42 | €1,250 | €1,099 | -€151 | -12.1% |
| Trade debts | 44 | €27,647 | €2,563 | -€25,085 | -90.7% |
| Suppliers | 440/4 | €27,647 | €2,563 | -€25,085 | -90.7% |
| Taxes, remuneration and social security | 45 | €42,860 | €11,925 | -€30,935 | -72.2% |
| Taxes | 450/3 | €42,860 | €11,925 | -€30,935 | -72.2% |
| Other amounts payable | 47/48 | €31,091 | €15,296 | -€15,795 | -50.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,208 | €30,916 | -€1,292 | -4.0% |
| Other operating charges | 640/8 | €449 | €400 | -€49 | -11.0% |
| Gross operating margin | 9900 | €121,519 | €124,341 | +€2,821 | +2.3% |
| Operating profit (loss) | 9901 | €88,863 | €93,025 | +€4,162 | +4.7% |
| Financial income | 75/76B | €215 | €802 | +€587 | +273.5% |
| Recurring financial income | 75 | €215 | €802 | +€587 | +273.5% |
| Non-recurring financial income | 76B | €215 | - | -€215 | |
| Financial charges | 65/66B | €1,138 | €3,197 | +€2,059 | +180.8% |
| Recurring financial charges | 65 | €1,138 | €1,014 | -€125 | -11.0% |
| Non-recurring financial charges | 66B | €1,138 | €2,183 | +€1,045 | +91.8% |
| Profit (loss) for the period before taxes | 9903 | €87,939 | €90,630 | +€2,691 | +3.1% |
| Income taxes | 67/77 | €9,789 | €20,265 | +€10,475 | +107.0% |
| Profit (loss) for the period | 9904 | €78,150 | €70,365 | -€7,785 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €78,150 | €70,365 | -€7,785 | -10.0% |
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 10 October 2026 via checked.be.