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Amethis: 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

Amethis

BE 0759.426.658
NACE 64.210, Activities of holding companies
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€81,124
2025 · €89,462-€8,337
Equity
€10,000
2025 · €100,060-€90,060
Cash
€1,629
2025 · €6,166-€4,537
Balance sheet total
€105,973
2025 · €112,388-€6,416

Largest movements

2025 to 2026
Assets
  • Cash -€4,537

    down €4,537 (-73.6%), from €6,166 to €1,629

    mainly Contributions, distributions and other (-€171,184) and Investment in fixed assets (net) (-€597)

  • Receivables within one year -€1,336

    down €1,336 (-5.3%), from €25,185 to €23,849

    of which Other amounts receivable: -€1,336

Equity and liabilities
  • Reserves -€90,060

    down €90,060 (-100%), from €90,060 to €0

  • Other debts +€84,157

    up €84,157 (+2,742%), from €3,070 to €87,226

Income statement
  • Gross operating margin -€14,702

    down €14,702 (-12.2%), from €120,266 to €105,564

  • Depreciation -€4,776

    down €4,776 (-79.0%), from €6,042 to €1,266

  • Taxes -€3,180

    down €3,180 (-12.5%), from €25,344 to €22,163

  • Financial income -€1,669

    down €1,669 (-83.3%), from €2,003 to €334

From the 2025 result to the 2026 result

effect on the 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 2025 €89,462
Gross operating margin -€14,702
Depreciation +€4,776
Other operating charges +€83
Financial income -€1,669
Financial charges -€6
Taxes +€3,180
Result 2026 €81,124
raises the resultlowers the result

Derived cash bridge

cash 2025 to 2026

Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€167,489
Investment -€842
Financing -€171,184
Cash 2025 €6,166
Net result for the year +€81,124
Depreciation +€1,266
Receivables within one year +€1,336
Smaller working-capital items -€394
Other debts +€84,157
Investment in fixed assets (net) -€597
Current investments -€245
Contributions, distributions and other -€171,184
Cash 2026 €1,629
brings cash intakes cash out
Every line side by side 39 lines
Line Code 2025 2026 Change %
Total assets 20/58 €112,388 €105,973 -€6,416 -5.7%
Fixed assets 21/28 €39,726 €39,057 -€669 -1.7%
Tangible fixed assets 22/27 €10,976 €10,307 -€669 -6.1%
Furniture and vehicles 24 €10,976 €9,710 -€1,266 -11.5%
Other tangible fixed assets 26 - €597 +€597
Financial fixed assets 28 €28,750 €28,750 = 0.0%
Current assets 29/58 €72,662 €66,915 -€5,747 -7.9%
Amounts receivable within one year 40/41 €25,185 €23,849 -€1,336 -5.3%
Trade receivables 40 €13,813 €13,813 = 0.0%
Other amounts receivable 41 €11,373 €10,037 -€1,336 -11.7%
Current investments 50/53 €41,166 €41,411 +€245 +0.6%
Cash at bank and in hand 54/58 €6,166 €1,629 -€4,537 -73.6%
Deferred charges and accrued income 490/1 €145 €26 -€118 -81.9%
Total equity and liabilities 10/49 €112,388 €105,973 -€6,416 -5.7%
Equity 10/15 €100,060 €10,000 -€90,060 -90.0%
Contributions 10/11 €10,000 €10,000 = 0.0%
Reserves 13 €90,060 €0 -€90,060 -100%
Distributable reserves 133 €90,060 €0 -€90,060 -100%
Profit (loss) carried forward 14 €0 €0 =
Amounts payable 17/49 €12,329 €95,973 +€83,644 +678%
Amounts payable within one year 42/48 €12,329 €95,971 +€83,642 +678%
Trade debts 44 €611 €205 -€405 -66.4%
Suppliers 440/4 €611 €205 -€405 -66.4%
Taxes, remuneration and social security 45 €8,648 €8,539 -€109 -1.3%
Taxes 450/3 €8,648 €8,539 -€109 -1.3%
Other amounts payable 47/48 €3,070 €87,226 +€84,157 +2,742%
Accrued charges and deferred income 492/3 €0 €2 +€2
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,042 €1,266 -€4,776 -79.0%
Other operating charges 640/8 €1,344 €1,261 -€83 -6.2%
Gross operating margin 9900 €120,266 €105,564 -€14,702 -12.2%
Operating profit (loss) 9901 €112,880 €103,037 -€9,843 -8.7%
Financial income 75/76B €2,003 €334 -€1,669 -83.3%
Recurring financial income 75 €2,003 €334 -€1,669 -83.3%
Financial charges 65/66B €78 €84 +€6 +7.9%
Recurring financial charges 65 €78 €84 +€6 +7.9%
Profit (loss) for the period before taxes 9903 €114,805 €103,287 -€11,518 -10.0%
Income taxes 67/77 €25,344 €22,163 -€3,180 -12.5%
Profit (loss) for the period 9904 €89,462 €81,124 -€8,337 -9.3%
Profit (loss) for the period to be appropriated 9905 €89,462 €81,124 -€8,337 -9.3%

Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.