A-M SERVICES: 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 SERVICES
Largest movements
- Cash -€31,883
down €31,883 (-41.9%), from €76,089 to €44,206
mainly Contributions, distributions and other (-€43,924) and Other debts (-€13,149)
- Stocks and contracts -€15,000
down €15,000 (-36.6%), from €40,990 to €25,990
- Receivables within one year +€7,027
up €7,027 (+66.2%), from €10,622 to €17,649
of which Other amounts receivable: +€4,396
- Deferred charges and accrued income +€6,433
up €6,433 (+97.8%), from €6,578 to €13,011
- Tangible fixed assets -€2,885
down €2,885 (-10.3%), from €28,003 to €25,118
of which Furniture and vehicles: -€1,909
- Reserves -€20,682
down €20,682 (-41.6%), from €49,682 to €29,000
of which Tax-exempt reserves: -€17,682
- Other debts -€13,149
down €13,149 (-27.5%), from €47,800 to €34,651
- Tax, wage and social debts -€4,834
down €4,834 (-10.8%), from €44,683 to €39,849
of which Taxes: -€10,022
- Trade debts +€1,846
up €1,846 (+135%), from €1,366 to €3,212
- Staff costs +€35,333
up €35,333 (+46.8%), from €75,547 to €110,881
- Taxes -€7,322
down €7,322 (-42.5%), from €17,227 to €9,905
- Depreciation +€2,224
up €2,224 (+38.4%), from €5,796 to €8,020
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €162,282 | €125,974 | -€36,308 | -22.4% |
| Fixed assets | 21/28 | €28,003 | €25,118 | -€2,885 | -10.3% |
| Tangible fixed assets | 22/27 | €28,003 | €25,118 | -€2,885 | -10.3% |
| Plant, machinery and equipment | 23 | €4,614 | €3,639 | -€976 | -21.1% |
| Furniture and vehicles | 24 | €23,389 | €21,480 | -€1,909 | -8.2% |
| Current assets | 29/58 | €134,279 | €100,856 | -€33,423 | -24.9% |
| Stocks and contracts in progress | 3 | €40,990 | €25,990 | -€15,000 | -36.6% |
| Stocks | 30/36 | €40,990 | €25,990 | -€15,000 | -36.6% |
| Amounts receivable within one year | 40/41 | €10,622 | €17,649 | +€7,027 | +66.2% |
| Trade receivables | 40 | €9,924 | €12,554 | +€2,630 | +26.5% |
| Other amounts receivable | 41 | €698 | €5,095 | +€4,396 | +630% |
| Cash at bank and in hand | 54/58 | €76,089 | €44,206 | -€31,883 | -41.9% |
| Deferred charges and accrued income | 490/1 | €6,578 | €13,011 | +€6,433 | +97.8% |
| Total equity and liabilities | 10/49 | €162,282 | €125,974 | -€36,308 | -22.4% |
| Equity | 10/15 | €68,233 | €47,551 | -€20,682 | -30.3% |
| Contributions | 10/11 | €18,551 | €18,551 | = | 0.0% |
| Reserves | 13 | €49,682 | €29,000 | -€20,682 | -41.6% |
| Tax-exempt reserves | 132 | €17,682 | - | -€17,682 | |
| Distributable reserves | 133 | €32,000 | €29,000 | -€3,000 | -9.4% |
| Amounts payable | 17/49 | €94,049 | €78,423 | -€15,626 | -16.6% |
| Amounts payable within one year | 42/48 | €93,849 | €77,712 | -€16,136 | -17.2% |
| Trade debts | 44 | €1,366 | €3,212 | +€1,846 | +135% |
| Suppliers | 440/4 | €1,366 | €3,212 | +€1,846 | +135% |
| Taxes, remuneration and social security | 45 | €44,683 | €39,849 | -€4,834 | -10.8% |
| Taxes | 450/3 | €22,280 | €12,258 | -€10,022 | -45.0% |
| Remuneration and social security | 454/9 | €22,403 | €27,591 | +€5,189 | +23.2% |
| Other amounts payable | 47/48 | €47,800 | €34,651 | -€13,149 | -27.5% |
| Accrued charges and deferred income | 492/3 | €201 | €711 | +€511 | +255% |
| Non-recurring operating income | 76A | €4,525 | - | -€4,525 | |
| Remuneration, social security and pensions | 62 | €75,547 | €110,881 | +€35,333 | +46.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,796 | €8,020 | +€2,224 | +38.4% |
| Other operating charges | 640/8 | €1,759 | €1,401 | -€358 | -20.4% |
| Gross operating margin | 9900 | €155,439 | €153,948 | -€1,491 | -1.0% |
| Operating profit (loss) | 9901 | €72,337 | €33,647 | -€38,690 | -53.5% |
| Financial income | 75/76B | €14 | €3 | -€11 | -77.7% |
| Recurring financial income | 75 | €14 | €3 | -€11 | -77.7% |
| Financial charges | 65/66B | €410 | €503 | +€93 | +22.6% |
| Recurring financial charges | 65 | €410 | €503 | +€93 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | €71,941 | €33,148 | -€38,794 | -53.9% |
| Income taxes | 67/77 | €17,227 | €9,905 | -€7,322 | -42.5% |
| Profit (loss) for the period | 9904 | €54,714 | €23,242 | -€31,472 | -57.5% |
| Profit (loss) for the period to be appropriated | 9905 | €54,714 | €23,242 | -€31,472 | -57.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.