AM-KHAN: 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-KHAN
Largest movements
- Cash +€91,519
up €91,519 (+59.9%), from €152,871 to €244,390
mainly Stocks and contracts (+€74,064) and Net result for the year (+€44,007)
- Receivables within one year +€77,097
up €77,097 (+48.8%), from €157,960 to €235,057
of which Trade receivables: +€123,503
- Stocks and contracts -€74,064
down €74,064 (-13.6%), from €544,560 to €470,496
- Profit (loss) carried forward +€44,007
up €44,007 (+20.1%), from €218,858 to €262,865
- Other debts +€41,520
up €41,520 (+390%), from €10,652 to €52,171
- Advances received -€25,727
no longer reported in 2024 (was €25,727)
- Trade debts +€24,447
up €24,447 (+4.8%), from €512,068 to €536,515
- Gross operating margin +€25,586
up €25,586 (+9.8%), from €259,929 to €285,515
- Staff costs +€15,750
up €15,750 (+9.5%), from €165,805 to €181,555
- Other operating charges -€12,551
down €12,551 (-74.5%), from €16,837 to €4,286
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 | €873,472 | €964,289 | +€90,817 | +10.4% |
| Fixed assets | 21/28 | €17,881 | €14,346 | -€3,535 | -19.8% |
| Tangible fixed assets | 22/27 | €16,381 | €12,846 | -€3,535 | -21.6% |
| Furniture and vehicles | 24 | €16,381 | €12,846 | -€3,535 | -21.6% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €855,591 | €949,943 | +€94,352 | +11.0% |
| Stocks and contracts in progress | 3 | €544,560 | €470,496 | -€74,064 | -13.6% |
| Stocks | 30/36 | €544,560 | €470,496 | -€74,064 | -13.6% |
| Amounts receivable within one year | 40/41 | €157,960 | €235,057 | +€77,097 | +48.8% |
| Trade receivables | 40 | €89,544 | €213,047 | +€123,503 | +138% |
| Other amounts receivable | 41 | €68,416 | €22,010 | -€46,407 | -67.8% |
| Cash at bank and in hand | 54/58 | €152,871 | €244,390 | +€91,519 | +59.9% |
| Deferred charges and accrued income | 490/1 | €200 | - | -€200 | |
| Total equity and liabilities | 10/49 | €873,472 | €964,289 | +€90,817 | +10.4% |
| Equity | 10/15 | €265,766 | €309,773 | +€44,007 | +16.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €40,708 | €40,708 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €38,848 | €38,848 | = | 0.0% |
| Profit (loss) carried forward | 14 | €218,858 | €262,865 | +€44,007 | +20.1% |
| Amounts payable | 17/49 | €607,706 | €654,516 | +€46,810 | +7.7% |
| Amounts payable within one year | 42/48 | €607,706 | €654,516 | +€46,810 | +7.7% |
| Trade debts | 44 | €512,068 | €536,515 | +€24,447 | +4.8% |
| Suppliers | 440/4 | €512,068 | €536,515 | +€24,447 | +4.8% |
| Advances received on contracts in progress | 46 | €25,727 | - | -€25,727 | |
| Taxes, remuneration and social security | 45 | €59,259 | €65,830 | +€6,570 | +11.1% |
| Taxes | 450/3 | €32,414 | €32,350 | -€63 | -0.2% |
| Remuneration and social security | 454/9 | €26,846 | €33,479 | +€6,634 | +24.7% |
| Other amounts payable | 47/48 | €10,652 | €52,171 | +€41,520 | +390% |
| Non-recurring operating income | 76A | €10,562 | - | -€10,562 | |
| Remuneration, social security and pensions | 62 | €165,805 | €181,555 | +€15,750 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,706 | €4,621 | -€84 | -1.8% |
| Other operating charges | 640/8 | €16,837 | €4,286 | -€12,551 | -74.5% |
| Gross operating margin | 9900 | €259,929 | €285,515 | +€25,586 | +9.8% |
| Operating profit (loss) | 9901 | €72,581 | €95,052 | +€22,471 | +31.0% |
| Financial income | 75/76B | €1,200 | €94 | -€1,106 | -92.1% |
| Recurring financial income | 75 | €1,200 | €94 | -€1,106 | -92.1% |
| Financial charges | 65/66B | €31,217 | €33,957 | +€2,740 | +8.8% |
| Recurring financial charges | 65 | €31,217 | €33,957 | +€2,740 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €42,564 | €61,189 | +€18,625 | +43.8% |
| Income taxes | 67/77 | €14,714 | €17,182 | +€2,468 | +16.8% |
| Profit (loss) for the period | 9904 | €27,850 | €44,007 | +€16,157 | +58.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,850 | €44,007 | +€16,157 | +58.0% |
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 17 October 2026 via checked.be.