AM ELECTRICITE SRL: what changed
What changed
AM ELECTRICITE SRL
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€27,084
2024 · €25,321+€1,763
Equity
€26,142
2024 · €19,058+€7,084
Cash
€19,455
2024 · €15,439+€4,016
Balance sheet total
€99,470
2024 · €127,451-€27,981
Largest movements
Assets
- Receivables within one year -€27,288
down €27,288 (-39.6%), from €68,992 to €41,704
of which Other amounts receivable: -€16,144
- Tangible fixed assets -€17,812
down €17,812 (-51.7%), from €34,437 to €16,624
of which Furniture and vehicles: -€18,654
- Stocks and contracts +€13,355
up €13,355 (+164%), from €8,157 to €21,512
- Cash +€4,016
up €4,016 (+26.0%), from €15,439 to €19,455
mainly Receivables within one year (+€27,288) and Net result for the year (+€27,084)
Equity and liabilities
- Current portion of long-term debt -€13,907
down €13,907 (-49.3%), from €28,198 to €14,291
- Debts after one year -€12,269
down €12,269 (-89.6%), from €13,697 to €1,428
- Trade debts -€8,018
down €8,018 (-22.5%), from €35,611 to €27,593
- Short-term financial debts +€7,883
new in 2025: €7,883
- Profit (loss) carried forward +€7,084
up €7,084 (+64.4%), from €10,998 to €18,082
Income statement
- Turnover -€70,732
down €70,732 (-15.9%), from €444,473 to €373,741
- Purchases and services -€60,930
down €60,930 (-20.6%), from €295,798 to €234,869
- Staff costs -€13,753
down €13,753 (-14.6%), from €94,359 to €80,606
- Gross operating margin -€9,803
down €9,803 (-6.6%), from €148,675 to €138,872
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€25,321
Gross operating margin
-€9,803
Staff costs
+€13,753
Depreciation
+€120
Other operating charges
-€23
Other operating items
+€1,848
Financial income
-€25
Financial charges
+€279
Taxes
-€4,385
Result 2025
€27,084
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€44,331
Investment
-€2,022
Financing
-€38,293
Cash 2024
€15,439
From operations (derived)
+€44,331
Net result for the year
+€27,084
Depreciation
+€19,834
Stocks and contracts
-€13,355
Receivables within one year
+€27,288
Deferred charges and accrued income
+€252
Trade debts
-€8,018
Tax, wage and social debts
-€6,424
Other debts
-€2,730
Accrued charges and deferred income
+€400
Investment (derived)
-€2,022
Investment in fixed assets (net)
-€2,022
Financing
-€38,293
Debts after one year
-€12,269
Current portion of long-term debt
-€13,907
Short-term financial debts
+€7,883
Contributions, distributions and other
-€20,000
Cash 2025
€19,455
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €127,451 | €99,470 | -€27,981 | -22.0% |
| Fixed assets | 21/28 | €34,612 | €16,799 | -€17,812 | -51.5% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €34,437 | €16,624 | -€17,812 | -51.7% |
| Plant, machinery and equipment | 23 | €2,082 | €2,993 | +€911 | +43.7% |
| Furniture and vehicles | 24 | €32,286 | €13,632 | -€18,654 | -57.8% |
| Other tangible fixed assets | 26 | €69 | - | -€69 | |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €92,839 | €82,671 | -€10,169 | -11.0% |
| Stocks and contracts in progress | 3 | €8,157 | €21,512 | +€13,355 | +164% |
| Stocks | 30/36 | €8,157 | €21,512 | +€13,355 | +164% |
| Amounts receivable within one year | 40/41 | €68,992 | €41,704 | -€27,288 | -39.6% |
| Trade receivables | 40 | €52,656 | €41,512 | -€11,144 | -21.2% |
| Other amounts receivable | 41 | €16,336 | €192 | -€16,144 | -98.8% |
| Cash at bank and in hand | 54/58 | €15,439 | €19,455 | +€4,016 | +26.0% |
| Deferred charges and accrued income | 490/1 | €252 | - | -€252 | |
| Total equity and liabilities | 10/49 | €127,451 | €99,470 | -€27,981 | -22.0% |
| Equity | 10/15 | €19,058 | €26,142 | +€7,084 | +37.2% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,998 | €18,082 | +€7,084 | +64.4% |
| Amounts payable | 17/49 | €108,393 | €73,328 | -€35,065 | -32.3% |
| Amounts payable after more than one year | 17 | €13,697 | €1,428 | -€12,269 | -89.6% |
| Financial debts | 170/4 | €13,697 | €1,428 | -€12,269 | -89.6% |
| Amounts payable within one year | 42/48 | €94,696 | €71,501 | -€23,195 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €28,198 | €14,291 | -€13,907 | -49.3% |
| Financial debts | 43 | - | €7,883 | +€7,883 | |
| Credit institutions | 430/8 | - | €7,883 | +€7,883 | |
| Trade debts | 44 | €35,611 | €27,593 | -€8,018 | -22.5% |
| Suppliers | 440/4 | €35,611 | €27,593 | -€8,018 | -22.5% |
| Taxes, remuneration and social security | 45 | €27,787 | €21,363 | -€6,424 | -23.1% |
| Taxes | 450/3 | €18,623 | €10,409 | -€8,215 | -44.1% |
| Remuneration and social security | 454/9 | €9,163 | €10,954 | +€1,791 | +19.5% |
| Other amounts payable | 47/48 | €3,101 | €371 | -€2,730 | -88.0% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Turnover | 70 | €444,473 | €373,741 | -€70,732 | -15.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €295,798 | €234,869 | -€60,930 | -20.6% |
| Remuneration, social security and pensions | 62 | €94,359 | €80,606 | -€13,753 | -14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,954 | €19,834 | -€120 | -0.6% |
| Other operating charges | 640/8 | €1,457 | €1,480 | +€23 | +1.6% |
| Non-recurring operating charges | 66A | €1,984 | €137 | -€1,848 | -93.1% |
| Gross operating margin | 9900 | €148,675 | €138,872 | -€9,803 | -6.6% |
| Operating profit (loss) | 9901 | €30,920 | €36,815 | +€5,894 | +19.1% |
| Financial income | 75/76B | €26 | €1 | -€25 | -95.7% |
| Recurring financial income | 75 | €26 | €1 | -€25 | -95.7% |
| Financial charges | 65/66B | €2,170 | €1,892 | -€279 | -12.8% |
| Recurring financial charges | 65 | €2,170 | €1,892 | -€279 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €28,776 | €34,924 | +€6,148 | +21.4% |
| Income taxes | 67/77 | €3,456 | €7,841 | +€4,385 | +127% |
| Profit (loss) for the period | 9904 | €25,321 | €27,084 | +€1,763 | +7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,321 | €27,084 | +€1,763 | +7.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.