AM DESIGNS: 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 DESIGNS
Largest movements
- Cash -€335,879
down €335,879 (-75.2%), from €446,872 to €110,992
mainly Other debts (-€145,507) and Receivables within one year (-€131,109)
- Receivables within one year +€131,109
up €131,109 (+242%), from €54,231 to €185,340
of which Trade receivables: +€73,670
- Tangible fixed assets -€65,063
down €65,063 (-8.2%), from €790,622 to €725,559
of which Furniture and vehicles: -€43,872
- Other debts -€145,507
down €145,507 (-82.1%), from €177,149 to €31,642
- Reserves -€46,542
down €46,542 (-8.9%), from €525,631 to €479,089
of which Distributable reserves: -€29,342
- Trade debts -€25,027
down €25,027 (-32.7%), from €76,642 to €51,615
- Profit (loss) carried forward -€21,766
down €21,766 (-4.8%), from €450,238 to €428,472
- Gross operating margin -€115,620
down €115,620 (-33.3%), from €347,004 to €231,384
- Staff costs -€29,010
down €29,010 (-15.8%), from €183,148 to €154,138
- Taxes -€28,340
down €28,340 (-97.8%), from €28,972 to €632
- Depreciation +€6,794
up €6,794 (+6.6%), from €102,443 to €109,237
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 | €1,300,712 | €1,048,216 | -€252,496 | -19.4% |
| Fixed assets | 21/28 | €790,622 | €731,972 | -€58,650 | -7.4% |
| Intangible fixed assets | 21 | - | €6,413 | +€6,413 | |
| Tangible fixed assets | 22/27 | €790,622 | €725,559 | -€65,063 | -8.2% |
| Land and buildings | 22 | €635,051 | €613,860 | -€21,192 | -3.3% |
| Furniture and vehicles | 24 | €155,570 | €111,699 | -€43,872 | -28.2% |
| Current assets | 29/58 | €510,090 | €316,245 | -€193,846 | -38.0% |
| Amounts receivable within one year | 40/41 | €54,231 | €185,340 | +€131,109 | +242% |
| Trade receivables | 40 | €4,426 | €78,096 | +€73,670 | +1,665% |
| Other amounts receivable | 41 | €49,805 | €107,244 | +€57,439 | +115% |
| Cash at bank and in hand | 54/58 | €446,872 | €110,992 | -€335,879 | -75.2% |
| Deferred charges and accrued income | 490/1 | €8,988 | €19,912 | +€10,924 | +122% |
| Total equity and liabilities | 10/49 | €1,300,712 | €1,048,216 | -€252,496 | -19.4% |
| Equity | 10/15 | €978,369 | €910,061 | -€68,308 | -7.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €525,631 | €479,089 | -€46,542 | -8.9% |
| Tax-exempt reserves | 132 | €68,914 | €51,714 | -€17,200 | -25.0% |
| Distributable reserves | 133 | €456,717 | €427,375 | -€29,342 | -6.4% |
| Profit (loss) carried forward | 14 | €450,238 | €428,472 | -€21,766 | -4.8% |
| Provisions and deferred taxes | 16 | €22,971 | €17,238 | -€5,733 | -25.0% |
| Deferred taxes | 168 | €22,971 | €17,238 | -€5,733 | -25.0% |
| Amounts payable | 17/49 | €299,371 | €120,917 | -€178,454 | -59.6% |
| Amounts payable within one year | 42/48 | €299,011 | €120,533 | -€178,478 | -59.7% |
| Trade debts | 44 | €76,642 | €51,615 | -€25,027 | -32.7% |
| Suppliers | 440/4 | €76,642 | €51,615 | -€25,027 | -32.7% |
| Taxes, remuneration and social security | 45 | €45,220 | €37,276 | -€7,943 | -17.6% |
| Taxes | 450/3 | €8,815 | €3,598 | -€5,217 | -59.2% |
| Remuneration and social security | 454/9 | €36,405 | €33,678 | -€2,727 | -7.5% |
| Other amounts payable | 47/48 | €177,149 | €31,642 | -€145,507 | -82.1% |
| Accrued charges and deferred income | 492/3 | €360 | €384 | +€24 | +6.6% |
| Non-recurring operating income | 76A | €3,500 | €7,000 | +€3,500 | +100% |
| Remuneration, social security and pensions | 62 | €183,148 | €154,138 | -€29,010 | -15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,443 | €109,237 | +€6,794 | +6.6% |
| Other operating charges | 640/8 | €9,143 | €9,273 | +€130 | +1.4% |
| Gross operating margin | 9900 | €347,004 | €231,384 | -€115,620 | -33.3% |
| Operating profit (loss) | 9901 | €52,270 | -€41,263 | -€93,533 | |
| Financial income | 75/76B | €606 | €1,846 | +€1,240 | +205% |
| Recurring financial income | 75 | €606 | €1,846 | +€1,240 | +205% |
| Financial charges | 65/66B | €1,256 | €4,649 | +€3,393 | +270% |
| Recurring financial charges | 65 | €1,256 | €4,649 | +€3,393 | +270% |
| Profit (loss) for the period before taxes | 9903 | €51,619 | -€44,067 | -€95,687 | |
| Transfer from deferred taxes | 780 | €5,647 | €5,733 | +€86 | +1.5% |
| Income taxes | 67/77 | €28,972 | €632 | -€28,340 | -97.8% |
| Profit (loss) for the period | 9904 | €28,295 | -€38,966 | -€67,261 | |
| Transfer from tax-exempt reserves | 789 | €16,942 | €17,200 | +€258 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €45,237 | -€21,766 | -€67,003 |
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 13 October 2026 via checked.be.