AM IMMO & CONSULTING: 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 IMMO & CONSULTING
Largest movements
- Cash +€19,598
up €19,598 (+403%), from €4,867 to €24,464
mainly Net result for the year (+€11,620) and Receivables within one year (+€11,092)
- Receivables within one year -€11,092
down €11,092 (-67.6%), from €16,402 to €5,310
of which Other amounts receivable: -€6,075
- Deferred charges and accrued income -€8,936
down €8,936 (-27.4%), from €32,617 to €23,682
- Trade debts -€10,756
down €10,756 (-79.9%), from €13,456 to €2,700
- Accrued charges and deferred income +€8,722
new in 2025: €8,722
- Tax, wage and social debts +€4,904
up €4,904 (+34.4%), from €14,260 to €19,164
of which Taxes: +€4,904
- Profit (loss) carried forward -€3,380
down €3,380 (-10.7%), from €31,716 to €28,335
- Gross operating margin -€12,882
down €12,882 (-32.0%), from €40,210 to €27,328
- Other operating charges -€4,090
down €4,090 (-65.4%), from €6,255 to €2,165
- Depreciation -€2,338
down €2,338 (-65.6%), from €3,565 to €1,228
- Financial charges +€2,146
up €2,146 (+45.8%), from €4,684 to €6,830
- Taxes +€417
up €417 (+7.9%), from €5,294 to €5,710
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 | €62,432 | €61,921 | -€511 | -0.8% |
| Fixed assets | 21/28 | €8,546 | €8,465 | -€81 | -0.9% |
| Tangible fixed assets | 22/27 | €8,546 | €8,465 | -€81 | -0.9% |
| Furniture and vehicles | 24 | €8,546 | €8,465 | -€81 | -0.9% |
| Current assets | 29/58 | €53,886 | €53,456 | -€430 | -0.8% |
| Amounts receivable within one year | 40/41 | €16,402 | €5,310 | -€11,092 | -67.6% |
| Trade receivables | 40 | €10,327 | €5,310 | -€5,017 | -48.6% |
| Other amounts receivable | 41 | €6,075 | - | -€6,075 | |
| Cash at bank and in hand | 54/58 | €4,867 | €24,464 | +€19,598 | +403% |
| Deferred charges and accrued income | 490/1 | €32,617 | €23,682 | -€8,936 | -27.4% |
| Total equity and liabilities | 10/49 | €62,432 | €61,921 | -€511 | -0.8% |
| Equity | 10/15 | €34,716 | €31,335 | -€3,380 | -9.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,716 | €28,335 | -€3,380 | -10.7% |
| Amounts payable | 17/49 | €27,716 | €30,586 | +€2,870 | +10.4% |
| Amounts payable within one year | 42/48 | €27,716 | €21,864 | -€5,852 | -21.1% |
| Trade debts | 44 | €13,456 | €2,700 | -€10,756 | -79.9% |
| Suppliers | 440/4 | €13,456 | €2,700 | -€10,756 | -79.9% |
| Taxes, remuneration and social security | 45 | €14,260 | €19,164 | +€4,904 | +34.4% |
| Taxes | 450/3 | €13,760 | €18,664 | +€4,904 | +35.6% |
| Remuneration and social security | 454/9 | €500 | €500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €8,722 | +€8,722 | |
| Non-recurring operating income | 76A | €14,976 | - | -€14,976 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,565 | €1,228 | -€2,338 | -65.6% |
| Other operating charges | 640/8 | €6,255 | €2,165 | -€4,090 | -65.4% |
| Gross operating margin | 9900 | €40,210 | €27,328 | -€12,882 | -32.0% |
| Operating profit (loss) | 9901 | €30,390 | €23,935 | -€6,455 | -21.2% |
| Financial income | 75/76B | €494 | €225 | -€269 | -54.4% |
| Recurring financial income | 75 | €482 | €225 | -€257 | -53.3% |
| Non-recurring financial income | 76B | €12 | - | -€12 | |
| Financial charges | 65/66B | €4,684 | €6,830 | +€2,146 | +45.8% |
| Recurring financial charges | 65 | €4,684 | €6,830 | +€2,146 | +45.8% |
| Profit (loss) for the period before taxes | 9903 | €26,199 | €17,330 | -€8,869 | -33.9% |
| Income taxes | 67/77 | €5,294 | €5,710 | +€417 | +7.9% |
| Profit (loss) for the period | 9904 | €20,905 | €11,620 | -€9,286 | -44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,905 | €11,620 | -€9,286 | -44.4% |
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 23 October 2026 via checked.be.