A & M TRADER: 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 TRADER
Largest movements
- Stocks and contracts +€53,472
up €53,472 (+30.3%), from €176,570 to €230,042
- Receivables within one year -€16,040
no longer reported in 2025 (was €16,040)
- Tax, wage and social debts +€60,754
up €60,754 (+157%), from €38,725 to €99,479
of which Remuneration and social security: +€39,397
- Trade debts -€54,415
down €54,415 (-46.6%), from €116,674 to €62,258
- Other debts +€26,600
up €26,600 (+63.1%), from €42,126 to €68,726
- Profit (loss) carried forward +€6,390
up €6,390, from -€341 to €6,049
- Turnover +€29,503
up €29,503 (+33.9%), from €86,922 to €116,426
- Gross operating margin +€25,793
up €25,793 (+50.6%), from €51,007 to €76,800
- Staff costs +€23,634
up €23,634 (+52.0%), from €45,442 to €69,076
- Purchases and services +€3,689
up €3,689 (+10.3%), from €35,937 to €39,626
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 | €197,184 | €236,513 | +€39,329 | +19.9% |
| Current assets | 29/58 | €197,184 | €236,513 | +€39,329 | +19.9% |
| Stocks and contracts in progress | 3 | €176,570 | €230,042 | +€53,472 | +30.3% |
| Stocks | 30/36 | €176,570 | €230,042 | +€53,472 | +30.3% |
| Amounts receivable within one year | 40/41 | €16,040 | - | -€16,040 | |
| Other amounts receivable | 41 | €16,040 | - | -€16,040 | |
| Cash at bank and in hand | 54/58 | €4,574 | €6,471 | +€1,897 | +41.5% |
| Total equity and liabilities | 10/49 | €197,184 | €236,513 | +€39,329 | +19.9% |
| Equity | 10/15 | -€340 | €6,050 | +€6,390 | |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€341 | €6,049 | +€6,390 | |
| Amounts payable | 17/49 | €197,524 | €230,463 | +€32,939 | +16.7% |
| Amounts payable within one year | 42/48 | €197,524 | €230,463 | +€32,939 | +16.7% |
| Trade debts | 44 | €116,674 | €62,258 | -€54,415 | -46.6% |
| Suppliers | 440/4 | €116,674 | €62,258 | -€54,415 | -46.6% |
| Taxes, remuneration and social security | 45 | €38,725 | €99,479 | +€60,754 | +157% |
| Taxes | 450/3 | - | €21,357 | +€21,357 | |
| Remuneration and social security | 454/9 | €38,725 | €78,122 | +€39,397 | +102% |
| Other amounts payable | 47/48 | €42,126 | €68,726 | +€26,600 | +63.1% |
| Turnover | 70 | €86,922 | €116,426 | +€29,503 | +33.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €35,937 | €39,626 | +€3,689 | +10.3% |
| Remuneration, social security and pensions | 62 | €45,442 | €69,076 | +€23,634 | +52.0% |
| Other operating charges | 640/8 | - | €470 | +€470 | |
| Non-recurring operating charges | 66A | - | €830 | +€830 | |
| Gross operating margin | 9900 | €51,007 | €76,800 | +€25,793 | +50.6% |
| Operating profit (loss) | 9901 | €5,564 | €6,424 | +€859 | +15.4% |
| Financial charges | 65/66B | €224 | €34 | -€190 | -84.9% |
| Recurring financial charges | 65 | €224 | €34 | -€190 | -84.9% |
| Profit (loss) for the period before taxes | 9903 | €5,341 | €6,390 | +€1,049 | +19.6% |
| Profit (loss) for the period | 9904 | €5,341 | €6,390 | +€1,049 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,341 | €6,390 | +€1,049 | +19.6% |
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 21 October 2026 via checked.be.