AM KITCHEN: 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 KITCHEN
Largest movements
- Receivables within one year -€79,503
down €79,503 (-85.3%), from €93,221 to €13,718
of which Trade receivables: -€60,230
- Cash -€20,798
down €20,798 (-45.4%), from €45,857 to €25,059
mainly Trade debts (-€70,152) and Other debts (-€35,300)
- Tangible fixed assets -€3,383
no longer reported in 2025 (was €3,383)
- Trade debts -€70,152
no longer reported in 2025 (was €70,152)
- Other debts -€35,300
no longer reported in 2025 (was €35,300)
- Contributions +€7,400
new in 2025: €7,400
- Tax, wage and social debts -€5,940
no longer reported in 2025 (was €5,940)
- Turnover -€447,243
down €447,243 (-97.7%), from €457,560 to €10,317
- Purchases and services -€397,504
down €397,504 (-97.8%), from €406,522 to €9,018
- Gross operating margin -€69,879
down €69,879 (-98.1%), from €71,210 to €1,331
- Staff costs -€38,208
down €38,208 (-99.0%), from €38,612 to €403
- Other operating charges -€33,069
down €33,069 (-98.3%), from €33,642 to €573
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 | €145,866 | €42,077 | -€103,789 | -71.2% |
| Fixed assets | 21/28 | €6,683 | €3,300 | -€3,383 | -50.6% |
| Tangible fixed assets | 22/27 | €3,383 | - | -€3,383 | |
| Furniture and vehicles | 24 | €3,383 | - | -€3,383 | |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €139,183 | €38,777 | -€100,406 | -72.1% |
| Amounts receivable within one year | 40/41 | €93,221 | €13,718 | -€79,503 | -85.3% |
| Trade receivables | 40 | €60,230 | - | -€60,230 | |
| Other amounts receivable | 41 | €32,991 | €13,718 | -€19,273 | -58.4% |
| Cash at bank and in hand | 54/58 | €45,857 | €25,059 | -€20,798 | -45.4% |
| Deferred charges and accrued income | 490/1 | €105 | - | -€105 | |
| Total equity and liabilities | 10/49 | €145,866 | €42,077 | -€103,789 | -71.2% |
| Equity | 10/15 | €34,475 | €42,077 | +€7,602 | +22.1% |
| Contributions | 10/11 | - | €7,400 | +€7,400 | |
| Profit (loss) carried forward | 14 | €34,475 | €34,677 | +€202 | +0.6% |
| Amounts payable | 17/49 | €111,391 | - | -€111,391 | |
| Amounts payable within one year | 42/48 | €111,391 | - | -€111,391 | |
| Trade debts | 44 | €70,152 | - | -€70,152 | |
| Suppliers | 440/4 | €70,152 | - | -€70,152 | |
| Taxes, remuneration and social security | 45 | €5,940 | - | -€5,940 | |
| Remuneration and social security | 454/9 | €5,940 | - | -€5,940 | |
| Other amounts payable | 47/48 | €35,300 | - | -€35,300 | |
| Turnover | 70 | €457,560 | €10,317 | -€447,243 | -97.7% |
| Non-recurring operating income | 76A | €2,280 | €32 | -€2,248 | -98.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €406,522 | €9,018 | -€397,504 | -97.8% |
| Remuneration, social security and pensions | 62 | €38,612 | €403 | -€38,208 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €317 | - | -€317 | |
| Other operating charges | 640/8 | €33,642 | €573 | -€33,069 | -98.3% |
| Gross operating margin | 9900 | €71,210 | €1,331 | -€69,879 | -98.1% |
| Operating profit (loss) | 9901 | -€1,361 | €355 | +€1,715 | |
| Financial charges | 65/66B | €383 | €152 | -€231 | -60.2% |
| Recurring financial charges | 65 | €383 | €152 | -€231 | -60.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,743 | €202 | +€1,946 | |
| Income taxes | 67/77 | -€1 | - | +€1 | |
| Profit (loss) for the period | 9904 | -€1,743 | €202 | +€1,945 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,743 | €202 | +€1,945 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.