A.M.S.: 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.S.
Largest movements
- Receivables within one year -€209,678
down €209,678 (-46.6%), from €450,143 to €240,465
of which Trade receivables: -€206,374
- Cash +€184,065
up €184,065 (+47.6%), from €386,684 to €570,750
mainly Receivables within one year (+€209,678) and Stocks and contracts (+€65,456)
- Stocks and contracts -€65,456
no longer reported in 2024 (was €65,456)
- Tangible fixed assets +€33,091
up €33,091 (+9.8%), from €338,923 to €372,014
of which Furniture and vehicles: +€67,617
- Advances received -€68,347
down €68,347 (-92.5%), from €73,897 to €5,550
- Trade debts -€20,458
down €20,458 (-5.3%), from €383,945 to €363,487
- Current portion of long-term debt +€17,455
up €17,455 (+41.4%), from €42,155 to €59,610
- Other debts +€17,440
up €17,440 (+39.8%), from €43,822 to €61,262
- Depreciation +€9,940
up €9,940 (+19.8%), from €50,117 to €60,058
- Gross operating margin -€6,897
down €6,897 (-6.6%), from €104,626 to €97,729
- Other operating charges +€3,186
up €3,186 (+24.5%), from €13,022 to €16,208
- Taxes -€2,174
down €2,174 (-30.3%), from €7,174 to €5,000
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,251,704 | €1,195,565 | -€56,139 | -4.5% |
| Fixed assets | 21/28 | €338,960 | €372,051 | +€33,091 | +9.8% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €338,923 | €372,014 | +€33,091 | +9.8% |
| Land and buildings | 22 | €294,644 | €260,784 | -€33,860 | -11.5% |
| Plant, machinery and equipment | 23 | €1,355 | €689 | -€666 | -49.1% |
| Furniture and vehicles | 24 | €42,924 | €110,541 | +€67,617 | +157.5% |
| Financial fixed assets | 28 | €37 | €37 | = | 0.0% |
| Current assets | 29/58 | €912,744 | €823,514 | -€89,230 | -9.8% |
| Stocks and contracts in progress | 3 | €65,456 | - | -€65,456 | |
| Stocks | 30/36 | €65,456 | - | -€65,456 | |
| Amounts receivable within one year | 40/41 | €450,143 | €240,465 | -€209,678 | -46.6% |
| Trade receivables | 40 | €444,566 | €238,192 | -€206,374 | -46.4% |
| Other amounts receivable | 41 | €5,578 | €2,273 | -€3,305 | -59.2% |
| Cash at bank and in hand | 54/58 | €386,684 | €570,750 | +€184,065 | +47.6% |
| Deferred charges and accrued income | 490/1 | €10,461 | €12,299 | +€1,838 | +17.6% |
| Total equity and liabilities | 10/49 | €1,251,704 | €1,195,565 | -€56,139 | -4.5% |
| Equity | 10/15 | €492,389 | €497,155 | +€4,766 | +1.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €26,058 | €26,058 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,050 | €24,050 | = | 0.0% |
| Distributable reserves | 133 | €8 | €8 | = | 0.0% |
| Profit (loss) carried forward | 14 | €446,331 | €451,097 | +€4,766 | +1.1% |
| Amounts payable | 17/49 | €759,316 | €698,411 | -€60,905 | -8.0% |
| Amounts payable after more than one year | 17 | €179,922 | €175,598 | -€4,324 | -2.4% |
| Financial debts | 170/4 | €179,922 | €175,598 | -€4,324 | -2.4% |
| Amounts payable within one year | 42/48 | €579,394 | €522,813 | -€56,581 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €42,155 | €59,610 | +€17,455 | +41.4% |
| Trade debts | 44 | €383,945 | €363,487 | -€20,458 | -5.3% |
| Suppliers | 440/4 | €383,945 | €363,487 | -€20,458 | -5.3% |
| Advances received on contracts in progress | 46 | €73,897 | €5,550 | -€68,347 | -92.5% |
| Taxes, remuneration and social security | 45 | €35,574 | €32,904 | -€2,670 | -7.5% |
| Taxes | 450/3 | €35,574 | €32,904 | -€2,670 | -7.5% |
| Other amounts payable | 47/48 | €43,822 | €61,262 | +€17,440 | +39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,117 | €60,058 | +€9,940 | +19.8% |
| Other operating charges | 640/8 | €13,022 | €16,208 | +€3,186 | +24.5% |
| Gross operating margin | 9900 | €104,626 | €97,729 | -€6,897 | -6.6% |
| Operating profit (loss) | 9901 | €41,487 | €21,463 | -€20,024 | -48.3% |
| Financial income | 75/76B | €231 | €819 | +€588 | +254.8% |
| Recurring financial income | 75 | €231 | €819 | +€588 | +254.8% |
| Financial charges | 65/66B | €12,933 | €12,516 | -€417 | -3.2% |
| Recurring financial charges | 65 | €12,933 | €12,516 | -€417 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €28,785 | €9,766 | -€19,019 | -66.1% |
| Income taxes | 67/77 | €7,174 | €5,000 | -€2,174 | -30.3% |
| Profit (loss) for the period | 9904 | €21,611 | €4,766 | -€16,845 | -77.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,611 | €4,766 | -€16,845 | -77.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.