AMOD: 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
AMOD
NACE 68.122, Development of non-residential building projects
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€313,819
2024 · €436,904-€123,085
Equity
€3.9m
2024 · €4.3m-€437,332
Cash
€99,489
2024 · €58,981+€40,509
Balance sheet total
€6.5m
2024 · €6.8m-€300,893
Largest movements
Assets
- Receivables after one year -€310,000
down €310,000 (-20.4%), from €1.5m to €1.2m
- Tangible fixed assets -€74,207
down €74,207 (-6.8%), from €1.1m to €1.0m
of which Land and buildings: -€49,283
Equity and liabilities
- Reserves -€437,332
down €437,332 (-11.8%), from €3.7m to €3.3m
- Other debts +€269,949
up €269,949 (+50.7%), from €532,219 to €802,167
- Debts after one year -€119,982
down €119,982 (-7.8%), from €1.5m to €1.4m
of which Other amounts payable: -€390,000
Income statement
- Financial income -€133,755
down €133,755 (-28.6%), from €467,725 to €333,969
- Financial charges -€8,687
down €8,687 (-6.1%), from €142,520 to €133,833
- Gross operating margin +€4,433
up €4,433 (+2.1%), from €213,900 to €218,333
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
€436,904
Gross operating margin
+€4,433
Depreciation
-€148
Other operating charges
-€133
Financial income
-€133,755
Financial charges
+€8,687
Taxes
-€2,169
Result 2025
€313,819
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
+€914,613
Investment
-€3,221
Financing
-€870,883
Cash 2024
€58,981
From operations (derived)
+€914,613
Net result for the year
+€313,819
Depreciation
+€77,428
Receivables after one year
+€310,000
Receivables within one year
-€41,969
Smaller working-capital items
-€2,086
Tax, wage and social debts
-€12,528
Other debts
+€269,949
Investment (derived)
-€3,221
Investment in fixed assets (net)
-€3,221
Financing
-€870,883
Debts after one year
-€119,982
Current portion of long-term debt
+€251
Contributions, distributions and other
-€751,152
Cash 2025
€99,489
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,789,867 | €6,488,974 | -€300,893 | -4.4% |
| Fixed assets | 21/28 | €5,130,118 | €5,055,911 | -€74,207 | -1.4% |
| Tangible fixed assets | 22/27 | €1,092,516 | €1,018,309 | -€74,207 | -6.8% |
| Land and buildings | 22 | €1,010,254 | €960,971 | -€49,283 | -4.9% |
| Plant, machinery and equipment | 23 | €1,207 | €3,006 | +€1,800 | +149% |
| Furniture and vehicles | 24 | €33,031 | €21,668 | -€11,363 | -34.4% |
| Leasing and similar rights | 25 | €44,734 | €29,374 | -€15,360 | -34.3% |
| Other tangible fixed assets | 26 | €3,290 | €3,290 | = | 0.0% |
| Financial fixed assets | 28 | €4,037,603 | €4,037,603 | = | 0.0% |
| Current assets | 29/58 | €1,659,749 | €1,433,063 | -€226,686 | -13.7% |
| Amounts receivable after more than one year | 29 | €1,520,000 | €1,210,000 | -€310,000 | -20.4% |
| Other amounts receivable | 291 | €1,520,000 | €1,210,000 | -€310,000 | -20.4% |
| Amounts receivable within one year | 40/41 | €80,768 | €122,737 | +€41,969 | +52.0% |
| Trade receivables | 40 | €24,200 | €24,200 | = | 0.0% |
| Other amounts receivable | 41 | €56,568 | €98,537 | +€41,969 | +74.2% |
| Cash at bank and in hand | 54/58 | €58,981 | €99,489 | +€40,509 | +68.7% |
| Deferred charges and accrued income | 490/1 | €0 | €836 | +€836 | |
| Total equity and liabilities | 10/49 | €6,789,867 | €6,488,974 | -€300,893 | -4.4% |
| Equity | 10/15 | €4,294,807 | €3,857,474 | -€437,332 | -10.2% |
| Contributions | 10/11 | €583,451 | €583,451 | = | 0.0% |
| Reserves | 13 | €3,711,356 | €3,274,023 | -€437,332 | -11.8% |
| Distributable reserves | 133 | €3,711,356 | €3,274,023 | -€437,332 | -11.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €374,018 | €374,018 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €374,018 | €374,018 | = | 0.0% |
| Pensions and similar obligations | 160 | €374,018 | €374,018 | = | 0.0% |
| Amounts payable | 17/49 | €2,121,043 | €2,257,482 | +€136,440 | +6.4% |
| Amounts payable after more than one year | 17 | €1,540,954 | €1,420,973 | -€119,982 | -7.8% |
| Financial debts | 170/4 | €1,150,954 | €1,420,973 | +€270,018 | +23.5% |
| Other amounts payable | 178/9 | €390,000 | €0 | -€390,000 | -100% |
| Amounts payable within one year | 42/48 | €580,088 | €836,509 | +€256,421 | +44.2% |
| Current portion of amounts payable after more than one year | 42 | €15,398 | €15,649 | +€251 | +1.6% |
| Trade debts | 44 | €2,985 | €1,735 | -€1,250 | -41.9% |
| Suppliers | 440/4 | €2,985 | €1,735 | -€1,250 | -41.9% |
| Taxes, remuneration and social security | 45 | €29,487 | €16,958 | -€12,528 | -42.5% |
| Taxes | 450/3 | €29,487 | €16,958 | -€12,528 | -42.5% |
| Other amounts payable | 47/48 | €532,219 | €802,167 | +€269,949 | +50.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,280 | €77,428 | +€148 | +0.2% |
| Other operating charges | 640/8 | €7,374 | €7,507 | +€133 | +1.8% |
| Gross operating margin | 9900 | €213,900 | €218,333 | +€4,433 | +2.1% |
| Operating profit (loss) | 9901 | €129,245 | €133,398 | +€4,152 | +3.2% |
| Financial income | 75/76B | €467,725 | €333,969 | -€133,755 | -28.6% |
| Recurring financial income | 75 | €467,725 | €333,969 | -€133,755 | -28.6% |
| Financial charges | 65/66B | €142,520 | €133,833 | -€8,687 | -6.1% |
| Recurring financial charges | 65 | €142,520 | €133,833 | -€8,687 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €454,450 | €333,534 | -€120,916 | -26.6% |
| Income taxes | 67/77 | €17,546 | €19,715 | +€2,169 | +12.4% |
| Profit (loss) for the period | 9904 | €436,904 | €313,819 | -€123,085 | -28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €436,904 | €313,819 | -€123,085 | -28.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.