AM BUILDING: 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.
AM BUILDING
Largest movements
- Cash +€562,655
up €562,655 (+1226.9%), from €45,862 to €608,517
mainly Net result for the year (+€480,151) and Receivables within one year (+€203,357)
- Receivables within one year -€203,357
down €203,357 (-37.6%), from €540,779 to €337,422
of which Trade receivables: -€203,393
- Tangible fixed assets +€69,097
up €69,097 (+307.7%), from €22,459 to €91,555
of which Furniture and vehicles: +€61,883
- Profit (loss) carried forward +€480,151
up €480,151 (+208.5%), from €230,339 to €710,490
- Trade debts -€141,402
down €141,402 (-49.7%), from €284,706 to €143,304
- Debts after one year +€44,679
new in 2025: €44,679
- Tax, wage and social debts +€36,000
up €36,000 (+46.9%), from €76,730 to €112,730
- Current portion of long-term debt +€11,857
new in 2025: €11,857
- Gross operating margin +€347,159
up €347,159 (+112.3%), from €309,090 to €656,249
- Taxes +€84,270
up €84,270 (+109.8%), from €76,730 to €161,000
- Depreciation +€9,482
up €9,482 (+215.3%), from €4,404 to €13,886
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.
Cash bridge derived
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 | €609,816 | €1,038,146 | +€428,330 | +70.2% |
| Fixed assets | 21/28 | €22,459 | €91,555 | +€69,097 | +307.7% |
| Tangible fixed assets | 22/27 | €22,459 | €91,555 | +€69,097 | +307.7% |
| Plant, machinery and equipment | 23 | €22,459 | €29,672 | +€7,214 | +32.1% |
| Furniture and vehicles | 24 | - | €61,883 | +€61,883 | |
| Current assets | 29/58 | €587,358 | €946,591 | +€359,233 | +61.2% |
| Amounts receivable within one year | 40/41 | €540,779 | €337,422 | -€203,357 | -37.6% |
| Trade receivables | 40 | €508,399 | €305,006 | -€203,393 | -40.0% |
| Other amounts receivable | 41 | €32,380 | €32,417 | +€36 | +0.1% |
| Cash at bank and in hand | 54/58 | €45,862 | €608,517 | +€562,655 | +1226.9% |
| Deferred charges and accrued income | 490/1 | €717 | €652 | -€65 | -9.1% |
| Total equity and liabilities | 10/49 | €609,816 | €1,038,146 | +€428,330 | +70.2% |
| Equity | 10/15 | €242,339 | €722,490 | +€480,151 | +198.1% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €230,339 | €710,490 | +€480,151 | +208.5% |
| Amounts payable | 17/49 | €367,478 | €315,656 | -€51,821 | -14.1% |
| Amounts payable after more than one year | 17 | - | €44,679 | +€44,679 | |
| Financial debts | 170/4 | - | €44,679 | +€44,679 | |
| Amounts payable within one year | 42/48 | €367,478 | €270,978 | -€96,500 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | - | €11,857 | +€11,857 | |
| Trade debts | 44 | €284,706 | €143,304 | -€141,402 | -49.7% |
| Suppliers | 440/4 | €284,706 | €143,304 | -€141,402 | -49.7% |
| Taxes, remuneration and social security | 45 | €76,730 | €112,730 | +€36,000 | +46.9% |
| Taxes | 450/3 | €76,730 | €112,730 | +€36,000 | +46.9% |
| Other amounts payable | 47/48 | €6,041 | €3,087 | -€2,954 | -48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,404 | €13,886 | +€9,482 | +215.3% |
| Other operating charges | 640/8 | €567 | €1,736 | +€1,169 | +206.3% |
| Gross operating margin | 9900 | €309,090 | €656,249 | +€347,159 | +112.3% |
| Operating profit (loss) | 9901 | €304,119 | €640,626 | +€336,507 | +110.6% |
| Financial income | 75/76B | €3,015 | €1,516 | -€1,499 | -49.7% |
| Recurring financial income | 75 | €3,015 | €1,516 | -€1,499 | -49.7% |
| Financial charges | 65/66B | €65 | €991 | +€926 | +1422.1% |
| Recurring financial charges | 65 | €65 | €991 | +€926 | +1422.1% |
| Profit (loss) for the period before taxes | 9903 | €307,069 | €641,151 | +€334,082 | +108.8% |
| Income taxes | 67/77 | €76,730 | €161,000 | +€84,270 | +109.8% |
| Profit (loss) for the period | 9904 | €230,339 | €480,151 | +€249,812 | +108.5% |
| Profit (loss) for the period to be appropriated | 9905 | €230,339 | €480,151 | +€249,812 | +108.5% |
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 9 October 2026 via checked.be.