AM FIT: 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 FIT
Largest movements
- Receivables within one year +€17,398
up €17,398 (+580%), from €3,001 to €20,398
of which Trade receivables: +€20,035
- Tangible fixed assets +€6,225
up €6,225 (+37.8%), from €16,464 to €22,688
of which Furniture and vehicles: +€6,345
- Stocks and contracts +€3,415
new in 2024: €3,415
- Intangible fixed assets -€3,000
down €3,000 (-18.2%), from €16,500 to €13,500
- Cash +€2,521
up €2,521 (+20.2%), from €12,504 to €15,025
mainly Trade debts (+€10,593) and Depreciation (+€8,775)
- Trade debts +€10,593
up €10,593 (+78.4%), from €13,519 to €24,112
- Reserves +€9,000
up €9,000 (+60.0%), from €15,000 to €24,000
- Other debts +€5,147
up €5,147 (+24.9%), from €20,644 to €25,791
- Tax, wage and social debts +€2,498
up €2,498 (+76.5%), from €3,265 to €5,764
of which Taxes: +€2,498
- Gross operating margin +€23,831
up €23,831, from -€560 to €23,271
- Other operating charges +€5,656
up €5,656 (+493%), from €1,148 to €6,804
- Financial charges -€1,843
down €1,843, from €816 to -€1,027
- Depreciation +€1,367
up €1,367 (+18.5%), from €7,408 to €8,775
- Taxes +€525
new in 2024: €525
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 | €58,328 | €84,719 | +€26,392 | +45.2% |
| Fixed assets | 21/28 | €42,657 | €45,881 | +€3,225 | +7.6% |
| Intangible fixed assets | 21 | €16,500 | €13,500 | -€3,000 | -18.2% |
| Tangible fixed assets | 22/27 | €16,464 | €22,688 | +€6,225 | +37.8% |
| Plant, machinery and equipment | 23 | €1,139 | €1,019 | -€120 | -10.5% |
| Furniture and vehicles | 24 | €15,325 | €21,669 | +€6,345 | +41.4% |
| Financial fixed assets | 28 | €9,693 | €9,693 | = | 0.0% |
| Current assets | 29/58 | €15,671 | €38,838 | +€23,167 | +148% |
| Stocks and contracts in progress | 3 | - | €3,415 | +€3,415 | |
| Stocks | 30/36 | - | €3,415 | +€3,415 | |
| Amounts receivable within one year | 40/41 | €3,001 | €20,398 | +€17,398 | +580% |
| Trade receivables | 40 | €364 | €20,398 | +€20,035 | +5,512% |
| Other amounts receivable | 41 | €2,637 | - | -€2,637 | |
| Cash at bank and in hand | 54/58 | €12,504 | €15,025 | +€2,521 | +20.2% |
| Deferred charges and accrued income | 490/1 | €166 | - | -€166 | |
| Total equity and liabilities | 10/49 | €58,328 | €84,719 | +€26,392 | +45.2% |
| Equity | 10/15 | €20,860 | €29,053 | +€8,193 | +39.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €24,000 | +€9,000 | +60.0% |
| Distributable reserves | 133 | €15,000 | €24,000 | +€9,000 | +60.0% |
| Profit (loss) carried forward | 14 | €860 | €53 | -€807 | -93.8% |
| Amounts payable | 17/49 | €37,468 | €55,666 | +€18,198 | +48.6% |
| Amounts payable within one year | 42/48 | €37,468 | €55,666 | +€18,198 | +48.6% |
| Trade debts | 44 | €13,519 | €24,112 | +€10,593 | +78.4% |
| Suppliers | 440/4 | €13,519 | €24,112 | +€10,593 | +78.4% |
| Advances received on contracts in progress | 46 | €40 | - | -€40 | |
| Taxes, remuneration and social security | 45 | €3,265 | €5,764 | +€2,498 | +76.5% |
| Taxes | 450/3 | €265 | €2,764 | +€2,498 | +942% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €20,644 | €25,791 | +€5,147 | +24.9% |
| Non-recurring operating income | 76A | - | €46 | +€46 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,408 | €8,775 | +€1,367 | +18.5% |
| Other operating charges | 640/8 | €1,148 | €6,804 | +€5,656 | +493% |
| Gross operating margin | 9900 | -€560 | €23,271 | +€23,831 | |
| Operating profit (loss) | 9901 | -€9,116 | €7,692 | +€16,808 | |
| Financial income | 75/76B | €10 | €0 | -€10 | -99.2% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -99.2% |
| Financial charges | 65/66B | €816 | -€1,027 | -€1,843 | |
| Recurring financial charges | 65 | €816 | -€1,027 | -€1,843 | |
| Profit (loss) for the period before taxes | 9903 | -€9,922 | €8,719 | +€18,641 | |
| Income taxes | 67/77 | - | €525 | +€525 | |
| Profit (loss) for the period | 9904 | -€9,922 | €8,193 | +€18,115 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,922 | €8,193 | +€18,115 |
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 19 October 2026 via checked.be.