AM-IT: what changed
Two fiscal 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-IT
Largest movements
- Receivables after one year -€77,000
down €77,000 (-50.0%), from €154,000 to €77,000
- Cash +€52,462
up €52,462 (+20.7%), from €253,861 to €306,323
mainly Other debts (+€131,089) and Net result for the year (+€120,412)
- Receivables within one year +€15,734
up €15,734 (+86.2%), from €18,252 to €33,986
of which Other amounts receivable: +€15,734
- Tangible fixed assets +€8,205
new in 2025: €8,205
of which Plant, machinery and equipment: +€5,738
- Other debts +€131,089
up €131,089 (+134.6%), from €97,427 to €228,516
- Profit (loss) carried forward -€129,588
down €129,588 (-58.4%), from €221,770 to €92,182
- Gross operating margin -€259,512
down €259,512 (-62.3%), from €416,715 to €157,204
- Taxes +€11,192
up €11,192 (+46.6%), from €24,011 to €35,203
- Financial charges -€5,954
down €5,954 (-90.0%), from €6,619 to €665
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.
Cash bridge derived
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 | €426,696 | €426,111 | -€585 | -0.1% |
| Fixed assets | 21/28 | - | €8,205 | +€8,205 | |
| Tangible fixed assets | 22/27 | - | €8,205 | +€8,205 | |
| Plant, machinery and equipment | 23 | - | €5,738 | +€5,738 | |
| Furniture and vehicles | 24 | - | €2,467 | +€2,467 | |
| Current assets | 29/58 | €426,696 | €417,906 | -€8,790 | -2.1% |
| Amounts receivable after more than one year | 29 | €154,000 | €77,000 | -€77,000 | -50.0% |
| Other amounts receivable | 291 | €154,000 | €77,000 | -€77,000 | -50.0% |
| Amounts receivable within one year | 40/41 | €18,252 | €33,986 | +€15,734 | +86.2% |
| Trade receivables | 40 | €17,142 | €17,142 | = | 0.0% |
| Other amounts receivable | 41 | €1,110 | €16,844 | +€15,734 | +1417.5% |
| Cash at bank and in hand | 54/58 | €253,861 | €306,323 | +€52,462 | +20.7% |
| Deferred charges and accrued income | 490/1 | €584 | €598 | +€14 | +2.3% |
| Total equity and liabilities | 10/49 | €426,696 | €426,111 | -€585 | -0.1% |
| Equity | 10/15 | €260,534 | €130,946 | -€129,588 | -49.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,165 | €20,165 | = | 0.0% |
| Distributable reserves | 133 | €20,165 | €20,165 | = | 0.0% |
| Profit (loss) carried forward | 14 | €221,770 | €92,182 | -€129,588 | -58.4% |
| Amounts payable | 17/49 | €166,162 | €295,165 | +€129,003 | +77.6% |
| Amounts payable within one year | 42/48 | €166,162 | €295,165 | +€129,003 | +77.6% |
| Current portion of amounts payable after more than one year | 42 | €11,315 | €15,074 | +€3,759 | +33.2% |
| Financial debts | 43 | €160 | €70 | -€90 | -56.2% |
| Credit institutions | 430/8 | €160 | €70 | -€90 | -56.2% |
| Trade debts | 44 | €5,933 | €3,506 | -€2,427 | -40.9% |
| Suppliers | 440/4 | €5,933 | €3,506 | -€2,427 | -40.9% |
| Taxes, remuneration and social security | 45 | €51,328 | €47,999 | -€3,328 | -6.5% |
| Taxes | 450/3 | €51,328 | €47,999 | -€3,328 | -6.5% |
| Other amounts payable | 47/48 | €97,427 | €228,516 | +€131,089 | +134.6% |
| Non-recurring operating income | 76A | €300,000 | - | -€300,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €744 | +€744 | |
| Other operating charges | 640/8 | €737 | €557 | -€180 | -24.4% |
| Gross operating margin | 9900 | €416,715 | €157,204 | -€259,512 | -62.3% |
| Operating profit (loss) | 9901 | €415,978 | €155,903 | -€260,075 | -62.5% |
| Financial income | 75/76B | €2 | €377 | +€375 | +19044.2% |
| Recurring financial income | 75 | €2 | €377 | +€375 | +19044.2% |
| Financial charges | 65/66B | €6,619 | €665 | -€5,954 | -90.0% |
| Recurring financial charges | 65 | €6,619 | €665 | -€5,954 | -90.0% |
| Profit (loss) for the period before taxes | 9903 | €409,361 | €155,615 | -€253,746 | -62.0% |
| Income taxes | 67/77 | €24,011 | €35,203 | +€11,192 | +46.6% |
| Profit (loss) for the period | 9904 | €385,351 | €120,412 | -€264,939 | -68.8% |
| Profit (loss) for the period to be appropriated | 9905 | €385,351 | €120,412 | -€264,939 | -68.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.