AM BAT: what changed
AM BAT
Largest movements
- Tangible fixed assets -€7,900
down €7,900 (-25.2%), from €31,288 to €23,389
- Cash -€4,270
down €4,270 (-73.8%), from €5,787 to €1,517
mainly Advances received (-€72,523) and Debts after one year (-€6,784)
- Advances received -€72,523
down €72,523 (-79.7%), from €90,986 to €18,463
- Profit (loss) carried forward +€56,376
up €56,376 (+232%), from €24,322 to €80,697
- Tax, wage and social debts +€16,071
up €16,071 (+426%), from €3,770 to €19,842
- Debts after one year -€6,784
down €6,784 (-28.0%), from €24,230 to €17,445
- Trade debts -€5,906
down €5,906 (-45.7%), from €12,909 to €7,003
- Gross operating margin +€48,244
up €48,244 (+130%), from €37,179 to €85,423
- Taxes +€8,561
up €8,561 (+102%), from €8,390 to €16,952
- Depreciation -€2,075
down €2,075 (-20.8%), from €9,975 to €7,900
- Financial income +€996
up €996 (+133%), from €749 to €1,745
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €163,620 | €151,385 | -€12,235 | -7.5% |
| Fixed assets | 21/28 | €31,366 | €23,467 | -€7,900 | -25.2% |
| Tangible fixed assets | 22/27 | €31,288 | €23,389 | -€7,900 | -25.2% |
| Furniture and vehicles | 24 | €31,288 | €23,389 | -€7,900 | -25.2% |
| Financial fixed assets | 28 | €78 | €78 | = | 0.0% |
| Current assets | 29/58 | €132,254 | €127,919 | -€4,336 | -3.3% |
| Amounts receivable within one year | 40/41 | €126,467 | €125,621 | -€846 | -0.7% |
| Trade receivables | 40 | €95,696 | €87,262 | -€8,434 | -8.8% |
| Other amounts receivable | 41 | €30,771 | €38,359 | +€7,588 | +24.7% |
| Cash at bank and in hand | 54/58 | €5,787 | €1,517 | -€4,270 | -73.8% |
| Deferred charges and accrued income | 490/1 | - | €780 | +€780 | |
| Total equity and liabilities | 10/49 | €163,620 | €151,385 | -€12,235 | -7.5% |
| Equity | 10/15 | €25,472 | €81,847 | +€56,376 | +221% |
| Contributions | 10/11 | €1,150 | €1,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,322 | €80,697 | +€56,376 | +232% |
| Amounts payable | 17/49 | €138,148 | €69,538 | -€68,611 | -49.7% |
| Amounts payable after more than one year | 17 | €24,230 | €17,445 | -€6,784 | -28.0% |
| Financial debts | 170/4 | €24,230 | €17,445 | -€6,784 | -28.0% |
| Amounts payable within one year | 42/48 | €113,919 | €52,092 | -€61,826 | -54.3% |
| Current portion of amounts payable after more than one year | 42 | €6,253 | €6,784 | +€531 | +8.5% |
| Trade debts | 44 | €12,909 | €7,003 | -€5,906 | -45.7% |
| Suppliers | 440/4 | €12,909 | €7,003 | -€5,906 | -45.7% |
| Advances received on contracts in progress | 46 | €90,986 | €18,463 | -€72,523 | -79.7% |
| Taxes, remuneration and social security | 45 | €3,770 | €19,842 | +€16,071 | +426% |
| Taxes | 450/3 | €3,770 | €19,842 | +€16,071 | +426% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,975 | €7,900 | -€2,075 | -20.8% |
| Other operating charges | 640/8 | €3,278 | €3,056 | -€222 | -6.8% |
| Gross operating margin | 9900 | €37,179 | €85,423 | +€48,244 | +130% |
| Operating profit (loss) | 9901 | €23,927 | €74,468 | +€50,541 | +211% |
| Financial income | 75/76B | €749 | €1,745 | +€996 | +133% |
| Recurring financial income | 75 | €749 | €1,745 | +€996 | +133% |
| Financial charges | 65/66B | €2,314 | €2,886 | +€572 | +24.7% |
| Recurring financial charges | 65 | €2,314 | €2,886 | +€572 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | €22,362 | €73,327 | +€50,965 | +228% |
| Income taxes | 67/77 | €8,390 | €16,952 | +€8,561 | +102% |
| Profit (loss) for the period | 9904 | €13,972 | €56,376 | +€42,404 | +303% |
| Profit (loss) for the period to be appropriated | 9905 | €13,972 | €56,376 | +€42,404 | +303% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.