AM-SA & CO: 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-SA & CO
Largest movements
- Cash -€5,001
down €5,001 (-39.1%), from €12,797 to €7,796
mainly Other debts (-€5,267) and Tax, wage and social debts (-€1,130)
- Receivables within one year +€555
new in 2024: €555
of which Trade receivables: +€294
- Tangible fixed assets -€205
no longer reported in 2024 (was €205)
- Other debts -€5,267
down €5,267 (-25.0%), from €21,073 to €15,806
- Profit (loss) carried forward +€1,981
up €1,981 (+7.6%), from -€25,907 to -€23,926
- Tax, wage and social debts -€1,130
no longer reported in 2024 (was €1,130)
- Trade debts -€234
no longer reported in 2024 (was €234)
- Gross operating margin -€628
down €628 (-13.3%), from €4,736 to €4,108
- Depreciation -€208
down €208 (-50.4%), from €413 to €205
- Other operating charges -€74
no longer reported in 2024 (was €74)
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 | €15,130 | €10,480 | -€4,650 | -30.7% |
| Fixed assets | 21/28 | €2,333 | €2,128 | -€205 | -8.8% |
| Tangible fixed assets | 22/27 | €205 | - | -€205 | |
| Furniture and vehicles | 24 | €205 | - | -€205 | |
| Financial fixed assets | 28 | €2,128 | €2,128 | = | 0.0% |
| Current assets | 29/58 | €12,797 | €8,352 | -€4,445 | -34.7% |
| Amounts receivable within one year | 40/41 | - | €555 | +€555 | |
| Trade receivables | 40 | - | €294 | +€294 | |
| Other amounts receivable | 41 | - | €261 | +€261 | |
| Cash at bank and in hand | 54/58 | €12,797 | €7,796 | -€5,001 | -39.1% |
| Total equity and liabilities | 10/49 | €15,130 | €10,480 | -€4,650 | -30.7% |
| Equity | 10/15 | -€7,307 | -€5,326 | +€1,981 | +27.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,907 | -€23,926 | +€1,981 | +7.6% |
| Amounts payable | 17/49 | €22,437 | €15,806 | -€6,631 | -29.6% |
| Amounts payable within one year | 42/48 | €22,437 | €15,806 | -€6,631 | -29.6% |
| Trade debts | 44 | €234 | - | -€234 | |
| Suppliers | 440/4 | €234 | - | -€234 | |
| Taxes, remuneration and social security | 45 | €1,130 | - | -€1,130 | |
| Taxes | 450/3 | €1,130 | - | -€1,130 | |
| Other amounts payable | 47/48 | €21,073 | €15,806 | -€5,267 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €413 | €205 | -€208 | -50.4% |
| Other operating charges | 640/8 | €74 | - | -€74 | |
| Non-recurring operating charges | 66A | €2,500 | €1,750 | -€750 | -30.0% |
| Gross operating margin | 9900 | €4,736 | €4,108 | -€628 | -13.3% |
| Operating profit (loss) | 9901 | €1,748 | €2,153 | +€404 | +23.1% |
| Financial income | 75/76B | €0 | €8 | +€7 | +1,788% |
| Recurring financial income | 75 | €0 | €8 | +€7 | +1,788% |
| Financial charges | 65/66B | €193 | €180 | -€13 | -6.8% |
| Recurring financial charges | 65 | €193 | €180 | -€13 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €1,556 | €1,981 | +€425 | +27.3% |
| Profit (loss) for the period | 9904 | €1,556 | €1,981 | +€425 | +27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,556 | €1,981 | +€425 | +27.3% |
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 25 October 2026 via checked.be.