AM CONSTRUCTION: 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 CONSTRUCTION
Largest movements
- Receivables within one year -€471,494
down €471,494 (-78.9%), from €597,496 to €126,002
of which Trade receivables: -€447,203
- Current investments -€30,465
no longer reported in 2024 (was €30,465)
- Trade debts -€304,315
down €304,315 (-55.2%), from €551,056 to €246,741
- Profit (loss) carried forward -€183,841
down €183,841, from €1,371 to -€182,470
- Other debts -€25,658
down €25,658 (-70.2%), from €36,528 to €10,870
- Debts after one year +€24,156
new in 2024: €24,156
- Tax, wage and social debts -€15,589
down €15,589 (-60.1%), from €25,932 to €10,343
of which Taxes: -€8,707
- Purchases and services -€827,593
down €827,593 (-82.5%), from €1.0m to €175,334
- Gross operating margin -€347,324
down €347,324, from €169,484 to -€177,840
- Write-downs -€139,600
no longer reported in 2024 (was €139,600)
- Staff costs -€62,925
no longer reported in 2024 (was €62,925)
- Financial income -€12,150
no longer reported in 2024 (was €12,150)
of which Financial income: -€12,150
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €635,348 | €130,101 | -€505,247 | -79.5% |
| Fixed assets | 21/28 | €5,508 | €2,358 | -€3,150 | -57.2% |
| Tangible fixed assets | 22/27 | €0 | - | -€0 | |
| Furniture and vehicles | 24 | €0 | - | -€0 | |
| Financial fixed assets | 28 | €5,508 | €2,358 | -€3,150 | -57.2% |
| Current assets | 29/58 | €629,840 | €127,743 | -€502,097 | -79.7% |
| Amounts receivable within one year | 40/41 | €597,496 | €126,002 | -€471,494 | -78.9% |
| Trade receivables | 40 | €566,718 | €119,515 | -€447,203 | -78.9% |
| Other amounts receivable | 41 | €30,778 | €6,486 | -€24,292 | -78.9% |
| Current investments | 50/53 | €30,465 | - | -€30,465 | |
| Cash at bank and in hand | 54/58 | €1,879 | €1,741 | -€138 | -7.4% |
| Total equity and liabilities | 10/49 | €635,348 | €130,101 | -€505,247 | -79.5% |
| Equity | 10/15 | €21,831 | -€162,010 | -€183,841 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,371 | -€182,470 | -€183,841 | |
| Amounts payable | 17/49 | €613,517 | €292,110 | -€321,406 | -52.4% |
| Amounts payable after more than one year | 17 | - | €24,156 | +€24,156 | |
| Financial debts | 170/4 | - | €24,156 | +€24,156 | |
| Amounts payable within one year | 42/48 | €613,517 | €267,955 | -€345,562 | -56.3% |
| Trade debts | 44 | €551,056 | €246,741 | -€304,315 | -55.2% |
| Suppliers | 440/4 | €551,056 | €246,741 | -€304,315 | -55.2% |
| Taxes, remuneration and social security | 45 | €25,932 | €10,343 | -€15,589 | -60.1% |
| Taxes | 450/3 | €19,050 | €10,343 | -€8,707 | -45.7% |
| Remuneration and social security | 454/9 | €6,882 | - | -€6,882 | |
| Other amounts payable | 47/48 | €36,528 | €10,870 | -€25,658 | -70.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,002,927 | €175,334 | -€827,593 | -82.5% |
| Remuneration, social security and pensions | 62 | €62,925 | - | -€62,925 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €139,600 | - | -€139,600 | |
| Other operating charges | 640/8 | €582 | €1,854 | +€1,272 | +218% |
| Non-recurring operating charges | 66A | €108 | €330 | +€222 | +206% |
| Gross operating margin | 9900 | €169,484 | -€177,840 | -€347,324 | |
| Operating profit (loss) | 9901 | -€33,731 | -€180,024 | -€146,293 | -434% |
| Financial income | 75/76B | €12,150 | - | -€12,150 | |
| Recurring financial income | 75 | €12,150 | - | -€12,150 | |
| Non-recurring financial income | 76B | €12,150 | - | -€12,150 | |
| Financial charges | 65/66B | €5,717 | €3,817 | -€1,900 | -33.2% |
| Recurring financial charges | 65 | €5,717 | €3,817 | -€1,900 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | -€27,298 | -€183,841 | -€156,543 | -573% |
| Profit (loss) for the period | 9904 | -€27,298 | -€183,841 | -€156,543 | -573% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,298 | -€183,841 | -€156,543 | -573% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.