AMABO: 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
AMABO
NACE 41.001, General construction of residential buildings
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€78,595
2024 · €73,705+€4,890
Equity
€372,407
2024 · €363,836+€8,571
Cash
€119,537
2024 · €113,250+€6,287
Balance sheet total
€1.8m
2024 · €1.9m-€86,199
Largest movements
Assets
- Tangible fixed assets -€97,030
down €97,030 (-5.9%), from €1.6m to €1.6m
of which Land and buildings: -€95,931
Equity and liabilities
- Debts after one year -€74,035
down €74,035 (-5.2%), from €1.4m to €1.3m
Income statement
- Taxes +€26,516
up €26,516 (+137%), from €19,288 to €45,804
- Gross operating margin +€19,821
up €19,821 (+8.0%), from €246,708 to €266,529
- Financial income +€8,850
up €8,850 (+1,521%), from €582 to €9,432
of which Non-recurring financial income: +€9,050
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
€73,705
Gross operating margin
+€19,821
Depreciation
+€1,073
Other operating charges
+€1,237
Financial income
+€8,850
Financial charges
+€426
Taxes
-€26,516
Result 2025
€78,595
raises the resultlowers the result
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
+€160,979
Investment
-€6,577
Financing
-€148,115
Cash 2024
€113,250
From operations (derived)
+€160,979
Net result for the year
+€78,595
Depreciation
+€103,568
Receivables within one year
-€5,232
Deferred charges and accrued income
+€727
Trade debts
-€975
Tax, wage and social debts
-€13,204
Accrued charges and deferred income
-€2,500
Investment (derived)
-€6,577
Investment in fixed assets (net)
-€6,538
Current investments
-€39
Financing
-€148,115
Debts after one year
-€74,035
Current portion of long-term debt
-€4,056
Contributions, distributions and other
-€70,024
Cash 2025
€119,537
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,929,983 | €1,843,783 | -€86,199 | -4.5% |
| Fixed assets | 21/28 | €1,647,842 | €1,550,812 | -€97,030 | -5.9% |
| Tangible fixed assets | 22/27 | €1,647,842 | €1,550,812 | -€97,030 | -5.9% |
| Land and buildings | 22 | €1,617,468 | €1,521,537 | -€95,931 | -5.9% |
| Furniture and vehicles | 24 | €30,374 | €29,275 | -€1,099 | -3.6% |
| Current assets | 29/58 | €282,140 | €292,971 | +€10,831 | +3.8% |
| Amounts receivable within one year | 40/41 | €59,421 | €64,653 | +€5,232 | +8.8% |
| Trade receivables | 40 | €49,107 | €50,215 | +€1,109 | +2.3% |
| Other amounts receivable | 41 | €10,315 | €14,438 | +€4,123 | +40.0% |
| Current investments | 50/53 | €106,404 | €106,443 | +€39 | 0.0% |
| Cash at bank and in hand | 54/58 | €113,250 | €119,537 | +€6,287 | +5.6% |
| Deferred charges and accrued income | 490/1 | €3,065 | €2,338 | -€727 | -23.7% |
| Total equity and liabilities | 10/49 | €1,929,983 | €1,843,783 | -€86,199 | -4.5% |
| Equity | 10/15 | €363,836 | €372,407 | +€8,571 | +2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €345,236 | €353,807 | +€8,571 | +2.5% |
| Distributable reserves | 133 | €345,236 | €353,807 | +€8,571 | +2.5% |
| Amounts payable | 17/49 | €1,566,146 | €1,471,376 | -€94,770 | -6.1% |
| Amounts payable after more than one year | 17 | €1,419,881 | €1,345,846 | -€74,035 | -5.2% |
| Financial debts | 170/4 | €1,419,881 | €1,345,846 | -€74,035 | -5.2% |
| Amounts payable within one year | 42/48 | €143,766 | €125,531 | -€18,235 | -12.7% |
| Current portion of amounts payable after more than one year | 42 | €83,644 | €79,589 | -€4,056 | -4.8% |
| Trade debts | 44 | €24,485 | €23,510 | -€975 | -4.0% |
| Suppliers | 440/4 | €24,485 | €23,510 | -€975 | -4.0% |
| Taxes, remuneration and social security | 45 | €35,637 | €22,432 | -€13,204 | -37.1% |
| Taxes | 450/3 | €35,637 | €22,432 | -€13,204 | -37.1% |
| Accrued charges and deferred income | 492/3 | €2,500 | - | -€2,500 | |
| Non-recurring operating income | 76A | €154,441 | - | -€154,441 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,641 | €103,568 | -€1,073 | -1.0% |
| Other operating charges | 640/8 | €17,533 | €16,297 | -€1,237 | -7.1% |
| Gross operating margin | 9900 | €246,708 | €266,529 | +€19,821 | +8.0% |
| Operating profit (loss) | 9901 | €124,534 | €146,664 | +€22,130 | +17.8% |
| Financial income | 75/76B | €582 | €9,432 | +€8,850 | +1,521% |
| Recurring financial income | 75 | €582 | €382 | -€200 | -34.4% |
| Non-recurring financial income | 76B | - | €9,050 | +€9,050 | |
| Financial charges | 65/66B | €32,123 | €31,697 | -€426 | -1.3% |
| Recurring financial charges | 65 | €32,123 | €31,697 | -€426 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €92,993 | €124,399 | +€31,406 | +33.8% |
| Income taxes | 67/77 | €19,288 | €45,804 | +€26,516 | +137% |
| Profit (loss) for the period | 9904 | €73,705 | €78,595 | +€4,890 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €73,705 | €78,595 | +€4,890 | +6.6% |
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 16 October 2026 via checked.be.