A&M RENOVATIONS: what changed
A&M RENOVATIONS
Largest movements
- Tangible fixed assets +€55,535
up €55,535 (+312%), from €17,813 to €73,348
of which Furniture and vehicles: +€51,183
- Receivables within one year -€27,834
down €27,834 (-68.8%), from €40,482 to €12,648
of which Other amounts receivable: -€17,400
- Cash +€16,840
up €16,840 (+192%), from €8,775 to €25,615
mainly Receivables within one year (+€27,834) and Net result for the year (+€21,928)
- Tax, wage and social debts +€13,731
up €13,731 (+111%), from €12,393 to €26,124
of which Taxes: +€9,999
- Other debts +€13,630
new in 2024: €13,630
- Profit (loss) carried forward +€11,928
up €11,928 (+117%), from €10,226 to €22,154
- Reserves +€10,000
up €10,000 (+38.7%), from €25,860 to €35,860
of which Distributable reserves: +€10,000
- Trade debts -€2,547
down €2,547 (-30.4%), from €8,392 to €5,845
- Gross operating margin +€61,139
up €61,139 (+141%), from €43,434 to €104,572
- Staff costs +€26,569
up €26,569 (+114%), from €23,229 to €49,797
- Depreciation +€9,535
up €9,535 (+124%), from €7,708 to €17,243
- Taxes +€8,294
up €8,294 (+212%), from €3,903 to €12,197
- Other operating charges +€1,089
up €1,089 (+51.8%), from €2,104 to €3,192
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 | €71,518 | €116,127 | +€44,610 | +62.4% |
| Fixed assets | 21/28 | €17,813 | €73,348 | +€55,535 | +312% |
| Tangible fixed assets | 22/27 | €17,813 | €73,348 | +€55,535 | +312% |
| Plant, machinery and equipment | 23 | €1,373 | €998 | -€375 | -27.3% |
| Furniture and vehicles | 24 | €16,440 | €67,622 | +€51,183 | +311% |
| Other tangible fixed assets | 26 | - | €4,727 | +€4,727 | |
| Current assets | 29/58 | €53,705 | €42,779 | -€10,925 | -20.3% |
| Stocks and contracts in progress | 3 | €2,849 | €2,849 | = | 0.0% |
| Stocks | 30/36 | €2,849 | €2,849 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €40,482 | €12,648 | -€27,834 | -68.8% |
| Trade receivables | 40 | €17,157 | €6,723 | -€10,434 | -60.8% |
| Other amounts receivable | 41 | €23,324 | €5,924 | -€17,400 | -74.6% |
| Cash at bank and in hand | 54/58 | €8,775 | €25,615 | +€16,840 | +192% |
| Deferred charges and accrued income | 490/1 | €1,599 | €1,668 | +€69 | +4.3% |
| Total equity and liabilities | 10/49 | €71,518 | €116,127 | +€44,610 | +62.4% |
| Equity | 10/15 | €47,286 | €69,214 | +€21,928 | +46.4% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Capital | 10 | €11,200 | - | -€11,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €7,400 | - | -€7,400 | |
| Reserves | 13 | €25,860 | €35,860 | +€10,000 | +38.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €24,000 | €34,000 | +€10,000 | +41.7% |
| Profit (loss) carried forward | 14 | €10,226 | €22,154 | +€11,928 | +117% |
| Amounts payable | 17/49 | €24,231 | €46,913 | +€22,682 | +93.6% |
| Amounts payable after more than one year | 17 | €873 | - | -€873 | |
| Financial debts | 170/4 | €873 | - | -€873 | |
| Amounts payable within one year | 42/48 | €23,358 | €46,913 | +€23,554 | +101% |
| Current portion of amounts payable after more than one year | 42 | €2,574 | €815 | -€1,759 | -68.3% |
| Trade debts | 44 | €8,392 | €5,845 | -€2,547 | -30.4% |
| Suppliers | 440/4 | €8,392 | €5,845 | -€2,547 | -30.4% |
| Advances received on contracts in progress | 46 | - | €500 | +€500 | |
| Taxes, remuneration and social security | 45 | €12,393 | €26,124 | +€13,731 | +111% |
| Taxes | 450/3 | €3,903 | €13,902 | +€9,999 | +256% |
| Remuneration and social security | 454/9 | €8,489 | €12,222 | +€3,732 | +44.0% |
| Other amounts payable | 47/48 | - | €13,630 | +€13,630 | |
| Remuneration, social security and pensions | 62 | €23,229 | €49,797 | +€26,569 | +114% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,708 | €17,243 | +€9,535 | +124% |
| Other operating charges | 640/8 | €2,104 | €3,192 | +€1,089 | +51.8% |
| Gross operating margin | 9900 | €43,434 | €104,572 | +€61,139 | +141% |
| Operating profit (loss) | 9901 | €10,393 | €34,340 | +€23,946 | +230% |
| Financial income | 75/76B | €0 | €0 | +€0 | +66.7% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +66.7% |
| Financial charges | 65/66B | €321 | €215 | -€107 | -33.2% |
| Recurring financial charges | 65 | €321 | €215 | -€107 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | €10,072 | €34,125 | +€24,053 | +239% |
| Income taxes | 67/77 | €3,903 | €12,197 | +€8,294 | +212% |
| Profit (loss) for the period | 9904 | €6,169 | €21,928 | +€15,759 | +255% |
| Profit (loss) for the period to be appropriated | 9905 | €6,169 | €21,928 | +€15,759 | +255% |
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 6 November 2026 via checked.be.