AM Quality Construction: 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 Quality Construction
Largest movements
- Receivables within one year +€29,648
up €29,648 (+171%), from €17,317 to €46,964
of which Trade receivables: +€29,909
- Tangible fixed assets +€8,592
up €8,592 (+38.9%), from €22,115 to €30,707
of which Furniture and vehicles: +€7,682
- Cash +€3,661
up €3,661 (+59.2%), from €6,184 to €9,845
mainly Net result for the year (+€22,799) and Depreciation (+€16,927)
- Profit (loss) carried forward +€22,799
up €22,799 (+80.4%), from €28,345 to €51,145
- Tax, wage and social debts +€7,999
up €7,999 (+113%), from €7,086 to €15,086
of which Taxes: +€6,091
- Current portion of long-term debt +€7,729
new in 2024: €7,729
- Debts after one year +€4,639
new in 2024: €4,639
- Other debts -€3,539
down €3,539 (-59.3%), from €5,967 to €2,428
- Gross operating margin +€18,143
up €18,143 (+24.5%), from €73,951 to €92,094
- Depreciation +€12,447
up €12,447 (+278%), from €4,481 to €16,927
- Staff costs +€11,150
up €11,150 (+33.9%), from €32,921 to €44,070
- Financial charges +€1,468
up €1,468 (+2,793%), from €53 to €1,521
- Taxes -€1,361
down €1,361 (-19.2%), from €7,086 to €5,726
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 | €45,898 | €87,799 | +€41,901 | +91.3% |
| Fixed assets | 21/28 | €22,397 | €30,990 | +€8,592 | +38.4% |
| Tangible fixed assets | 22/27 | €22,115 | €30,707 | +€8,592 | +38.9% |
| Plant, machinery and equipment | 23 | - | €910 | +€910 | |
| Furniture and vehicles | 24 | €22,115 | €29,797 | +€7,682 | +34.7% |
| Financial fixed assets | 28 | €283 | €283 | = | 0.0% |
| Current assets | 29/58 | €23,501 | €56,809 | +€33,309 | +142% |
| Amounts receivable within one year | 40/41 | €17,317 | €46,964 | +€29,648 | +171% |
| Trade receivables | 40 | €17,055 | €46,964 | +€29,909 | +175% |
| Other amounts receivable | 41 | €261 | - | -€261 | |
| Cash at bank and in hand | 54/58 | €6,184 | €9,845 | +€3,661 | +59.2% |
| Total equity and liabilities | 10/49 | €45,898 | €87,799 | +€41,901 | +91.3% |
| Equity | 10/15 | €30,845 | €53,645 | +€22,799 | +73.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,345 | €51,145 | +€22,799 | +80.4% |
| Amounts payable | 17/49 | €15,053 | €34,154 | +€19,102 | +127% |
| Amounts payable after more than one year | 17 | - | €4,639 | +€4,639 | |
| Financial debts | 170/4 | - | €4,639 | +€4,639 | |
| Amounts payable within one year | 42/48 | €15,053 | €29,515 | +€14,463 | +96.1% |
| Current portion of amounts payable after more than one year | 42 | - | €7,729 | +€7,729 | |
| Trade debts | 44 | €1,999 | €4,273 | +€2,274 | +114% |
| Suppliers | 440/4 | €1,999 | €4,273 | +€2,274 | +114% |
| Taxes, remuneration and social security | 45 | €7,086 | €15,086 | +€7,999 | +113% |
| Taxes | 450/3 | €7,086 | €13,177 | +€6,091 | +85.9% |
| Remuneration and social security | 454/9 | - | €1,909 | +€1,909 | |
| Other amounts payable | 47/48 | €5,967 | €2,428 | -€3,539 | -59.3% |
| Remuneration, social security and pensions | 62 | €32,921 | €44,070 | +€11,150 | +33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,481 | €16,927 | +€12,447 | +278% |
| Other operating charges | 640/8 | €1,066 | €1,052 | -€14 | -1.3% |
| Gross operating margin | 9900 | €73,951 | €92,094 | +€18,143 | +24.5% |
| Operating profit (loss) | 9901 | €35,483 | €30,043 | -€5,440 | -15.3% |
| Financial income | 75/76B | €1 | €2 | +€1 | +62.1% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +62.1% |
| Financial charges | 65/66B | €53 | €1,521 | +€1,468 | +2,793% |
| Recurring financial charges | 65 | €53 | €1,521 | +€1,468 | +2,793% |
| Profit (loss) for the period before taxes | 9903 | €35,432 | €28,525 | -€6,907 | -19.5% |
| Income taxes | 67/77 | €7,086 | €5,726 | -€1,361 | -19.2% |
| Profit (loss) for the period | 9904 | €28,345 | €22,799 | -€5,546 | -19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,345 | €22,799 | -€5,546 | -19.6% |
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 24 October 2026 via checked.be.