A M C M: 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.
A M C M
Largest movements
- Cash -€53,570
down €53,570 (-89.1%), from €60,098 to €6,529
mainly Net result for the year (-€48,044) and Debts after one year (-€24,796)
- Tangible fixed assets -€23,524
down €23,524 (-29.7%), from €79,285 to €55,761
of which Land and buildings: -€23,524
- Receivables within one year +€3,737
up €3,737 (+46.9%), from €7,976 to €11,713
of which Other amounts receivable: +€3,737
- Profit (loss) carried forward -€48,044
down €48,044 (-11.0%), from -€435,777 to -€483,822
- Debts after one year -€24,796
down €24,796 (-52.0%), from €47,685 to €22,889
- Trade debts -€1,812
down €1,812 (-0.7%), from €248,294 to €246,481
- Gross operating margin -€74,698
down €74,698, from €54,539 to -€20,159
- Depreciation -€8,442
down €8,442 (-26.4%), from €31,966 to €23,524
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €147,359 | €74,003 | -€73,356 | -49.8% |
| Fixed assets | 21/28 | €79,285 | €55,761 | -€23,524 | -29.7% |
| Tangible fixed assets | 22/27 | €79,285 | €55,761 | -€23,524 | -29.7% |
| Land and buildings | 22 | €79,285 | €55,761 | -€23,524 | -29.7% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €68,074 | €18,242 | -€49,833 | -73.2% |
| Amounts receivable within one year | 40/41 | €7,976 | €11,713 | +€3,737 | +46.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €7,976 | €11,713 | +€3,737 | +46.9% |
| Cash at bank and in hand | 54/58 | €60,098 | €6,529 | -€53,570 | -89.1% |
| Total equity and liabilities | 10/49 | €147,359 | €74,003 | -€73,356 | -49.8% |
| Equity | 10/15 | -€419,211 | -€467,255 | -€48,044 | -11.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €4,166 | €4,166 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,166 | €4,166 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€435,777 | -€483,822 | -€48,044 | -11.0% |
| Provisions and deferred taxes | 16 | €118,477 | €118,477 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €118,477 | €118,477 | = | 0.0% |
| Pensions and similar obligations | 160 | €118,477 | €118,477 | = | 0.0% |
| Amounts payable | 17/49 | €448,093 | €422,781 | -€25,312 | -5.6% |
| Amounts payable after more than one year | 17 | €47,685 | €22,889 | -€24,796 | -52.0% |
| Financial debts | 170/4 | €47,685 | €22,889 | -€24,796 | -52.0% |
| Amounts payable within one year | 42/48 | €400,408 | €399,892 | -€516 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €24,659 | €24,936 | +€277 | +1.1% |
| Financial debts | 43 | €125,655 | €125,655 | = | 0.0% |
| Other loans | 439 | €125,655 | €125,655 | = | 0.0% |
| Trade debts | 44 | €248,294 | €246,481 | -€1,812 | -0.7% |
| Suppliers | 440/4 | €248,294 | €246,481 | -€1,812 | -0.7% |
| Taxes, remuneration and social security | 45 | €1,800 | €2,820 | +€1,020 | +56.6% |
| Taxes | 450/3 | €1,800 | €2,820 | +€1,020 | +56.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,966 | €23,524 | -€8,442 | -26.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,247 | €3,129 | -€118 | -3.6% |
| Gross operating margin | 9900 | €54,539 | -€20,159 | -€74,698 | |
| Operating profit (loss) | 9901 | €19,326 | -€46,812 | -€66,138 | |
| Financial charges | 65/66B | €1,483 | €1,109 | -€374 | -25.2% |
| Recurring financial charges | 65 | €1,483 | €1,109 | -€374 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €17,842 | -€47,921 | -€65,763 | |
| Income taxes | 67/77 | €121 | €124 | +€3 | +2.2% |
| Profit (loss) for the period | 9904 | €17,722 | -€48,044 | -€65,766 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,722 | -€48,044 | -€65,766 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.