A&M HVAC: what changed
A&M HVAC
Largest movements
- Receivables within one year +€46,261
up €46,261 (+168%), from €27,473 to €73,734
of which Other amounts receivable: +€50,335
- Cash -€5,416
down €5,416 (-53.3%), from €10,153 to €4,737
mainly Receivables within one year (-€46,261) and Investment in fixed assets (net) (-€2,799)
- Tangible fixed assets -€1,744
down €1,744 (-18.2%), from €9,570 to €7,826
of which Furniture and vehicles: -€3,250
- Current investments +€1,000
new in 2024: €1,000
- Reserves +€28,341
up €28,341 (+92.7%), from €30,585 to €58,926
- Tax, wage and social debts +€11,761
up €11,761 (+108%), from €10,909 to €22,670
of which Taxes: +€10,261
- Gross operating margin -€6,065
down €6,065 (-13.1%), from €46,197 to €40,132
- Depreciation -€1,997
down €1,997 (-29.9%), from €6,690 to €4,693
- Financial income +€1,839
up €1,839 (+352%), from €522 to €2,360
- Taxes -€595
down €595 (-7.0%), from €8,455 to €7,861
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,507 | €88,458 | +€39,951 | +82.4% |
| Fixed assets | 21/28 | €10,881 | €8,987 | -€1,894 | -17.4% |
| Intangible fixed assets | 21 | €1,311 | €1,161 | -€150 | -11.4% |
| Tangible fixed assets | 22/27 | €9,570 | €7,826 | -€1,744 | -18.2% |
| Plant, machinery and equipment | 23 | €666 | €2,172 | +€1,506 | +226% |
| Furniture and vehicles | 24 | €8,904 | €5,654 | -€3,250 | -36.5% |
| Current assets | 29/58 | €37,626 | €79,471 | +€41,845 | +111% |
| Amounts receivable within one year | 40/41 | €27,473 | €73,734 | +€46,261 | +168% |
| Trade receivables | 40 | €9,662 | €5,588 | -€4,074 | -42.2% |
| Other amounts receivable | 41 | €17,811 | €68,146 | +€50,335 | +283% |
| Current investments | 50/53 | - | €1,000 | +€1,000 | |
| Cash at bank and in hand | 54/58 | €10,153 | €4,737 | -€5,416 | -53.3% |
| Total equity and liabilities | 10/49 | €48,507 | €88,458 | +€39,951 | +82.4% |
| Equity | 10/15 | €31,585 | €59,926 | +€28,341 | +89.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €30,585 | €58,926 | +€28,341 | +92.7% |
| Distributable reserves | 133 | €30,585 | €58,926 | +€28,341 | +92.7% |
| Amounts payable | 17/49 | €16,922 | €28,532 | +€11,610 | +68.6% |
| Amounts payable within one year | 42/48 | €16,922 | €28,532 | +€11,610 | +68.6% |
| Trade debts | 44 | €6,013 | €5,862 | -€151 | -2.5% |
| Suppliers | 440/4 | €6,013 | €5,862 | -€151 | -2.5% |
| Taxes, remuneration and social security | 45 | €10,909 | €22,670 | +€11,761 | +108% |
| Taxes | 450/3 | €10,909 | €21,170 | +€10,261 | +94.1% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,690 | €4,693 | -€1,997 | -29.9% |
| Other operating charges | 640/8 | €894 | €1,228 | +€334 | +37.4% |
| Gross operating margin | 9900 | €46,197 | €40,132 | -€6,065 | -13.1% |
| Operating profit (loss) | 9901 | €38,612 | €34,211 | -€4,401 | -11.4% |
| Financial income | 75/76B | €522 | €2,360 | +€1,839 | +352% |
| Recurring financial income | 75 | €522 | €2,360 | +€1,839 | +352% |
| Financial charges | 65/66B | €94 | €370 | +€276 | +294% |
| Recurring financial charges | 65 | €94 | €370 | +€276 | +294% |
| Profit (loss) for the period before taxes | 9903 | €39,040 | €36,202 | -€2,839 | -7.3% |
| Income taxes | 67/77 | €8,455 | €7,861 | -€595 | -7.0% |
| Profit (loss) for the period | 9904 | €30,585 | €28,341 | -€2,244 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,585 | €28,341 | -€2,244 | -7.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.