A.M.S.2: 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.2
Largest movements
- Tangible fixed assets -€32,067
down €32,067 (-7.9%), from €407,767 to €375,700
- Debts after one year -€64,643
down €64,643 (-25.7%), from €251,145 to €186,503
- Trade debts +€14,980
new in 2023: €14,980
- Current portion of long-term debt +€11,256
up €11,256 (+68.6%), from €16,416 to €27,672
- Gross operating margin -€10,641
down €10,641 (-26.4%), from €40,276 to €29,635
- Taxes -€3,112
no longer reported in 2023 (was €3,112)
- Financial charges -€1,992
down €1,992 (-27.7%), from €7,179 to €5,187
- Other operating charges +€1,423
up €1,423 (+28.7%), from €4,955 to €6,378
From the 2021 result to the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €414,036 | €382,157 | -€31,879 | -7.7% |
| Fixed assets | 21/28 | €407,767 | €375,700 | -€32,067 | -7.9% |
| Tangible fixed assets | 22/27 | €407,767 | €375,700 | -€32,067 | -7.9% |
| Land and buildings | 22 | €407,767 | €375,700 | -€32,067 | -7.9% |
| Current assets | 29/58 | €6,269 | €6,456 | +€187 | +3.0% |
| Amounts receivable within one year | 40/41 | €5,964 | €6,068 | +€105 | +1.8% |
| Trade receivables | 40 | - | €5,105 | +€5,105 | |
| Other amounts receivable | 41 | €5,964 | €964 | -€5,000 | -83.8% |
| Cash at bank and in hand | 54/58 | €306 | €388 | +€82 | +27.0% |
| Total equity and liabilities | 10/49 | €414,036 | €382,157 | -€31,879 | -7.7% |
| Equity | 10/15 | €95,381 | €98,506 | +€3,125 | +3.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Capital | 10 | €19,000 | €19,000 | = | 0.0% |
| Issued capital | 100 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €71,900 | €71,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Legal reserve | 130 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,481 | €7,606 | +€3,125 | +69.7% |
| Amounts payable | 17/49 | €318,655 | €283,651 | -€35,004 | -11.0% |
| Amounts payable after more than one year | 17 | €251,145 | €186,503 | -€64,643 | -25.7% |
| Financial debts | 170/4 | €251,145 | €186,503 | -€64,643 | -25.7% |
| Amounts payable within one year | 42/48 | €67,510 | €97,148 | +€29,639 | +43.9% |
| Current portion of amounts payable after more than one year | 42 | €16,416 | €27,672 | +€11,256 | +68.6% |
| Trade debts | 44 | - | €14,980 | +€14,980 | |
| Suppliers | 440/4 | - | €14,980 | +€14,980 | |
| Taxes, remuneration and social security | 45 | €612 | €0 | -€612 | -100.0% |
| Taxes | 450/3 | €612 | €0 | -€612 | -100.0% |
| Other amounts payable | 47/48 | €50,481 | €54,496 | +€4,015 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,033 | €16,033 | = | 0.0% |
| Other operating charges | 640/8 | €4,955 | €6,378 | +€1,423 | +28.7% |
| Gross operating margin | 9900 | €40,276 | €29,635 | -€10,641 | -26.4% |
| Operating profit (loss) | 9901 | €19,287 | €7,224 | -€12,063 | -62.5% |
| Financial charges | 65/66B | €7,179 | €5,187 | -€1,992 | -27.7% |
| Recurring financial charges | 65 | €7,179 | €5,187 | -€1,992 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | €12,108 | €2,037 | -€10,071 | -83.2% |
| Income taxes | 67/77 | €3,112 | - | -€3,112 | |
| Profit (loss) for the period | 9904 | €8,995 | €2,037 | -€6,959 | -77.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,995 | €2,037 | -€6,959 | -77.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.