A.M VIRTUAL OFFICE: 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 VIRTUAL OFFICE
Largest movements
- Current investments +€60,100
new in 2025: €60,100
- Tangible fixed assets +€37,283
up €37,283 (+239%), from €15,580 to €52,863
of which Furniture and vehicles: +€40,691
- Cash -€16,444
down €16,444 (-62.6%), from €26,271 to €9,827
mainly Current investments (-€60,100) and Investment in fixed assets (net) (-€53,388)
- Receivables within one year -€7,480
down €7,480 (-15.6%), from €47,986 to €40,506
of which Trade receivables: -€21,821
- Deferred charges and accrued income +€1,742
up €1,742 (+124%), from €1,407 to €3,148
- Debts after one year +€28,700
new in 2025: €28,700
- Reserves +€20,000
up €20,000 (+200%), from €10,000 to €30,000
- Tax, wage and social debts +€15,768
up €15,768 (+69.8%), from €22,589 to €38,358
of which Taxes: +€16,768
- Other debts -€7,384
down €7,384 (-59.6%), from €12,391 to €5,007
- Profit (loss) carried forward +€6,952
up €6,952 (+314%), from €2,211 to €9,164
- Turnover +€20,914
up €20,914 (+15.8%), from €132,333 to €153,248
- Gross operating margin +€14,250
up €14,250 (+31.9%), from €44,669 to €58,919
- Purchases and services +€6,738
up €6,738 (+7.4%), from €91,139 to €97,877
- Taxes +€4,282
up €4,282 (+47.0%), from €9,113 to €13,395
- Depreciation +€4,117
up €4,117 (+34.3%), from €11,989 to €16,106
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 | €96,184 | €171,384 | +€75,200 | +78.2% |
| Fixed assets | 21/28 | €20,520 | €57,803 | +€37,283 | +182% |
| Tangible fixed assets | 22/27 | €15,580 | €52,863 | +€37,283 | +239% |
| Plant, machinery and equipment | 23 | €8,231 | €4,823 | -€3,408 | -41.4% |
| Furniture and vehicles | 24 | €7,349 | €48,040 | +€40,691 | +554% |
| Financial fixed assets | 28 | €4,940 | €4,940 | = | 0.0% |
| Current assets | 29/58 | €75,664 | €113,581 | +€37,917 | +50.1% |
| Amounts receivable within one year | 40/41 | €47,986 | €40,506 | -€7,480 | -15.6% |
| Trade receivables | 40 | €37,269 | €15,448 | -€21,821 | -58.6% |
| Other amounts receivable | 41 | €10,717 | €25,058 | +€14,341 | +134% |
| Current investments | 50/53 | - | €60,100 | +€60,100 | |
| Cash at bank and in hand | 54/58 | €26,271 | €9,827 | -€16,444 | -62.6% |
| Deferred charges and accrued income | 490/1 | €1,407 | €3,148 | +€1,742 | +124% |
| Total equity and liabilities | 10/49 | €96,184 | €171,384 | +€75,200 | +78.2% |
| Equity | 10/15 | €12,211 | €39,164 | +€26,952 | +221% |
| Reserves | 13 | €10,000 | €30,000 | +€20,000 | +200% |
| Tax-exempt reserves | 132 | €10,000 | €30,000 | +€20,000 | +200% |
| Profit (loss) carried forward | 14 | €2,211 | €9,164 | +€6,952 | +314% |
| Amounts payable | 17/49 | €83,973 | €132,220 | +€48,247 | +57.5% |
| Amounts payable after more than one year | 17 | - | €28,700 | +€28,700 | |
| Financial debts | 170/4 | - | €28,700 | +€28,700 | |
| Amounts payable within one year | 42/48 | €83,973 | €103,520 | +€19,548 | +23.3% |
| Current portion of amounts payable after more than one year | 42 | €5,820 | €8,638 | +€2,818 | +48.4% |
| Trade debts | 44 | €14,419 | €16,167 | +€1,749 | +12.1% |
| Suppliers | 440/4 | €14,419 | €16,167 | +€1,749 | +12.1% |
| Advances received on contracts in progress | 46 | €28,753 | €35,350 | +€6,597 | +22.9% |
| Taxes, remuneration and social security | 45 | €22,589 | €38,358 | +€15,768 | +69.8% |
| Taxes | 450/3 | €15,303 | €32,072 | +€16,768 | +110% |
| Remuneration and social security | 454/9 | €7,286 | €6,286 | -€1,000 | -13.7% |
| Other amounts payable | 47/48 | €12,391 | €5,007 | -€7,384 | -59.6% |
| Turnover | 70 | €132,333 | €153,248 | +€20,914 | +15.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €91,139 | €97,877 | +€6,738 | +7.4% |
| Remuneration, social security and pensions | 62 | €817 | - | -€817 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,989 | €16,106 | +€4,117 | +34.3% |
| Other operating charges | 640/8 | €1,785 | €3,738 | +€1,954 | +109% |
| Gross operating margin | 9900 | €44,669 | €58,919 | +€14,250 | +31.9% |
| Operating profit (loss) | 9901 | €30,079 | €39,074 | +€8,996 | +29.9% |
| Financial income | 75/76B | €0 | €2,572 | +€2,572 | +4,287,383% |
| Recurring financial income | 75 | €0 | €2,572 | +€2,572 | +4,287,383% |
| Financial charges | 65/66B | €897 | €1,299 | +€402 | +44.8% |
| Recurring financial charges | 65 | €897 | €1,299 | +€402 | +44.8% |
| Profit (loss) for the period before taxes | 9903 | €29,181 | €40,348 | +€11,166 | +38.3% |
| Income taxes | 67/77 | €9,113 | €13,395 | +€4,282 | +47.0% |
| Profit (loss) for the period | 9904 | €20,069 | €26,952 | +€6,884 | +34.3% |
| Transfer to tax-exempt reserves | 689 | €10,000 | €20,000 | +€10,000 | +100% |
| Profit (loss) for the period to be appropriated | 9905 | €10,069 | €6,952 | -€3,116 | -30.9% |
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 20 October 2026 via checked.be.