8AM Group: 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.
8AM Group
Largest movements
- Receivables within one year -€7,826
down €7,826 (-21.2%), from €36,949 to €29,123
of which Trade receivables: -€10,362
- Stocks and contracts -€2,691
down €2,691 (-30.0%), from €8,971 to €6,280
- Tangible fixed assets +€1,712
up €1,712 (+90.4%), from €1,893 to €3,605
- Cash +€1,240
up €1,240 (+3.0%), from €41,391 to €42,632
mainly Receivables within one year (+€7,826) and Other debts (+€7,745)
- Reserves -€11,644
no longer reported in 2025 (was €11,644)
- Other debts +€7,745
up €7,745 (+48.9%), from €15,833 to €23,578
- Profit (loss) carried forward -€3,488
new in 2025: -€3,488
- Gross operating margin +€9,902
up €9,902 (+46.6%), from €21,226 to €31,128
- Staff costs +€7,185
up €7,185 (+19.5%), from €36,775 to €43,960
- Other operating charges -€2,897
down €2,897 (-94.5%), from €3,067 to €170
- Depreciation +€786
up €786 (+110%), from €715 to €1,500
- Financial charges +€449
up €449 (+178%), from €252 to €701
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 | €89,307 | €81,875 | -€7,431 | -8.3% |
| Fixed assets | 21/28 | €1,995 | €3,645 | +€1,650 | +82.7% |
| Tangible fixed assets | 22/27 | €1,893 | €3,605 | +€1,712 | +90.4% |
| Furniture and vehicles | 24 | €1,893 | €3,605 | +€1,712 | +90.4% |
| Financial fixed assets | 28 | €102 | €40 | -€62 | -60.8% |
| Current assets | 29/58 | €87,312 | €78,231 | -€9,081 | -10.4% |
| Stocks and contracts in progress | 3 | €8,971 | €6,280 | -€2,691 | -30.0% |
| Stocks | 30/36 | €8,971 | €6,280 | -€2,691 | -30.0% |
| Amounts receivable within one year | 40/41 | €36,949 | €29,123 | -€7,826 | -21.2% |
| Trade receivables | 40 | €35,038 | €24,676 | -€10,362 | -29.6% |
| Other amounts receivable | 41 | €1,911 | €4,447 | +€2,536 | +133% |
| Cash at bank and in hand | 54/58 | €41,391 | €42,632 | +€1,240 | +3.0% |
| Deferred charges and accrued income | 490/1 | - | €196 | +€196 | |
| Total equity and liabilities | 10/49 | €89,307 | €81,875 | -€7,431 | -8.3% |
| Equity | 10/15 | €21,644 | €6,512 | -€15,132 | -69.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €11,644 | - | -€11,644 | |
| Distributable reserves | 133 | €11,644 | - | -€11,644 | |
| Profit (loss) carried forward | 14 | - | -€3,488 | -€3,488 | |
| Amounts payable | 17/49 | €67,663 | €75,364 | +€7,701 | +11.4% |
| Amounts payable within one year | 42/48 | €67,663 | €75,364 | +€7,701 | +11.4% |
| Trade debts | 44 | €40,907 | €41,685 | +€778 | +1.9% |
| Suppliers | 440/4 | €40,907 | €41,685 | +€778 | +1.9% |
| Taxes, remuneration and social security | 45 | €10,923 | €10,100 | -€822 | -7.5% |
| Taxes | 450/3 | €645 | €1,089 | +€444 | +68.9% |
| Remuneration and social security | 454/9 | €10,278 | €9,011 | -€1,266 | -12.3% |
| Other amounts payable | 47/48 | €15,833 | €23,578 | +€7,745 | +48.9% |
| Remuneration, social security and pensions | 62 | €36,775 | €43,960 | +€7,185 | +19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €715 | €1,500 | +€786 | +110% |
| Other operating charges | 640/8 | €3,067 | €170 | -€2,897 | -94.5% |
| Gross operating margin | 9900 | €21,226 | €31,128 | +€9,902 | +46.6% |
| Operating profit (loss) | 9901 | -€19,331 | -€14,503 | +€4,828 | +25.0% |
| Financial income | 75/76B | €25 | €71 | +€45 | +179% |
| Recurring financial income | 75 | €25 | €71 | +€45 | +179% |
| Financial charges | 65/66B | €252 | €701 | +€449 | +178% |
| Recurring financial charges | 65 | €252 | €701 | +€449 | +178% |
| Profit (loss) for the period before taxes | 9903 | -€19,557 | -€15,132 | +€4,425 | +22.6% |
| Profit (loss) for the period | 9904 | -€19,557 | -€15,132 | +€4,425 | +22.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,557 | -€15,132 | +€4,425 | +22.6% |
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 29 October 2026 via checked.be.