AM CONSTRUCT: what changed
AM CONSTRUCT
Largest movements
- Receivables within one year +€85,079
up €85,079 (+16.4%), from €517,464 to €602,543
of which Other amounts receivable: +€138,046
- Tangible fixed assets +€44,821
up €44,821 (+1,088%), from €4,119 to €48,941
of which Furniture and vehicles: +€42,779
- Cash +€43,520
up €43,520 (+67.7%), from €64,237 to €107,758
mainly Net result for the year (+€150,190) and Tax, wage and social debts (+€32,069)
- Profit (loss) carried forward +€150,190
up €150,190 (+33.0%), from €455,672 to €605,862
- Tax, wage and social debts +€32,069
up €32,069 (+26.6%), from €120,616 to €152,685
of which Taxes: +€24,716
- Gross operating margin -€38,564
down €38,564 (-13.1%), from €294,752 to €256,189
- Staff costs +€37,343
up €37,343 (+156%), from €24,007 to €61,350
- Financial income +€25,719
up €25,719 (+1,285,941%), from €2 to €25,721
- Depreciation +€22,243
up €22,243 (+432%), from €5,150 to €27,393
- Taxes -€15,303
down €15,303 (-28.4%), from €53,794 to €38,491
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 | €630,821 | €810,241 | +€179,420 | +28.4% |
| Fixed assets | 21/28 | €4,119 | €48,941 | +€44,821 | +1,088% |
| Tangible fixed assets | 22/27 | €4,119 | €48,941 | +€44,821 | +1,088% |
| Plant, machinery and equipment | 23 | €2,329 | €4,371 | +€2,042 | +87.7% |
| Furniture and vehicles | 24 | €1,790 | €44,569 | +€42,779 | +2,390% |
| Current assets | 29/58 | €626,701 | €761,300 | +€134,599 | +21.5% |
| Amounts receivable after more than one year | 29 | €45,000 | €51,000 | +€6,000 | +13.3% |
| Other amounts receivable | 291 | €45,000 | €51,000 | +€6,000 | +13.3% |
| Amounts receivable within one year | 40/41 | €517,464 | €602,543 | +€85,079 | +16.4% |
| Trade receivables | 40 | €133,942 | €80,975 | -€52,967 | -39.5% |
| Other amounts receivable | 41 | €383,522 | €521,568 | +€138,046 | +36.0% |
| Cash at bank and in hand | 54/58 | €64,237 | €107,758 | +€43,520 | +67.7% |
| Total equity and liabilities | 10/49 | €630,821 | €810,241 | +€179,420 | +28.4% |
| Equity | 10/15 | €465,672 | €615,862 | +€150,190 | +32.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €455,672 | €605,862 | +€150,190 | +33.0% |
| Amounts payable | 17/49 | €165,149 | €194,379 | +€29,230 | +17.7% |
| Amounts payable within one year | 42/48 | €165,149 | €194,379 | +€29,230 | +17.7% |
| Trade debts | 44 | €44,533 | €41,694 | -€2,839 | -6.4% |
| Suppliers | 440/4 | €44,533 | €41,694 | -€2,839 | -6.4% |
| Taxes, remuneration and social security | 45 | €120,616 | €152,685 | +€32,069 | +26.6% |
| Taxes | 450/3 | €116,673 | €141,389 | +€24,716 | +21.2% |
| Remuneration and social security | 454/9 | €3,943 | €11,296 | +€7,353 | +186% |
| Goods, raw materials, services and sundry goods | 60/61 | €247,809 | €235,938 | -€11,870 | -4.8% |
| Remuneration, social security and pensions | 62 | €24,007 | €61,350 | +€37,343 | +156% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,150 | €27,393 | +€22,243 | +432% |
| Other operating charges | 640/8 | €1,084 | €3,827 | +€2,744 | +253% |
| Gross operating margin | 9900 | €294,752 | €256,189 | -€38,564 | -13.1% |
| Operating profit (loss) | 9901 | €264,512 | €163,618 | -€100,893 | -38.1% |
| Financial income | 75/76B | €2 | €25,721 | +€25,719 | +1,285,941% |
| Recurring financial income | 75 | €2 | €25,721 | +€25,719 | +1,285,941% |
| Financial charges | 65/66B | €817 | €658 | -€159 | -19.5% |
| Recurring financial charges | 65 | €817 | €658 | -€159 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €263,696 | €188,681 | -€75,015 | -28.4% |
| Income taxes | 67/77 | €53,794 | €38,491 | -€15,303 | -28.4% |
| Profit (loss) for the period | 9904 | €209,902 | €150,190 | -€59,712 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €209,902 | €150,190 | -€59,712 | -28.4% |
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.