AM Services & Solutions: 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 Services & Solutions
Largest movements
- Receivables within one year +€22,055
up €22,055 (+396%), from €5,565 to €27,620
of which Trade receivables: +€23,524
- Tangible fixed assets +€6,286
up €6,286 (+21.3%), from €29,473 to €35,759
of which Furniture and vehicles: +€6,634
- Cash +€6,196
new in 2025: €6,196
mainly Tax, wage and social debts (+€14,698) and Trade debts (+€13,718)
- Current investments -€4,405
no longer reported in 2025 (was €4,405)
- Deferred charges and accrued income +€2,748
new in 2025: €2,748
- Tax, wage and social debts +€14,698
up €14,698 (+1,286%), from €1,143 to €15,841
of which Taxes: +€9,497
- Trade debts +€13,718
up €13,718 (+1,269%), from €1,081 to €14,799
- Profit (loss) carried forward +€4,922
up €4,922, from -€1,044 to €3,878
- Other debts -€4,364
down €4,364 (-60.6%), from €7,205 to €2,841
- Current portion of long-term debt +€2,825
up €2,825 (+30.8%), from €9,176 to €12,001
- Gross operating margin +€71,269
up €71,269 (+328%), from €21,714 to €92,984
- Staff costs +€61,705
up €61,705 (+404%), from €15,285 to €76,990
- Depreciation +€3,449
up €3,449 (+79.9%), from €4,315 to €7,764
- Financial income +€2,196
up €2,196 (+878%), from €250 to €2,446
- Taxes +€1,061
up €1,061 (+16,739%), from €6 to €1,068
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.
Derived cash bridge
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 | €39,442 | €72,323 | +€32,880 | +83.4% |
| Fixed assets | 21/28 | €29,473 | €35,759 | +€6,286 | +21.3% |
| Tangible fixed assets | 22/27 | €29,473 | €35,759 | +€6,286 | +21.3% |
| Plant, machinery and equipment | 23 | €1,043 | €696 | -€348 | -33.3% |
| Furniture and vehicles | 24 | €28,430 | €35,063 | +€6,634 | +23.3% |
| Current assets | 29/58 | €9,969 | €36,564 | +€26,594 | +267% |
| Amounts receivable within one year | 40/41 | €5,565 | €27,620 | +€22,055 | +396% |
| Trade receivables | 40 | €4,096 | €27,620 | +€23,524 | +574% |
| Other amounts receivable | 41 | €1,469 | - | -€1,469 | |
| Current investments | 50/53 | €4,405 | - | -€4,405 | |
| Cash at bank and in hand | 54/58 | - | €6,196 | +€6,196 | |
| Deferred charges and accrued income | 490/1 | - | €2,748 | +€2,748 | |
| Total equity and liabilities | 10/49 | €39,442 | €72,323 | +€32,880 | +83.4% |
| Equity | 10/15 | €456 | €5,378 | +€4,922 | +1,079% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Capital | 10 | €1,500 | €1,500 | = | 0.0% |
| Issued capital | 100 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,044 | €3,878 | +€4,922 | |
| Amounts payable | 17/49 | €38,986 | €66,945 | +€27,959 | +71.7% |
| Amounts payable after more than one year | 17 | €20,382 | €21,463 | +€1,082 | +5.3% |
| Financial debts | 170/4 | €20,382 | €21,463 | +€1,082 | +5.3% |
| Amounts payable within one year | 42/48 | €18,605 | €45,482 | +€26,877 | +144% |
| Current portion of amounts payable after more than one year | 42 | €9,176 | €12,001 | +€2,825 | +30.8% |
| Trade debts | 44 | €1,081 | €14,799 | +€13,718 | +1,269% |
| Suppliers | 440/4 | €1,081 | €14,799 | +€13,718 | +1,269% |
| Taxes, remuneration and social security | 45 | €1,143 | €15,841 | +€14,698 | +1,286% |
| Taxes | 450/3 | - | €9,497 | +€9,497 | |
| Remuneration and social security | 454/9 | €1,143 | €6,345 | +€5,201 | +455% |
| Other amounts payable | 47/48 | €7,205 | €2,841 | -€4,364 | -60.6% |
| Remuneration, social security and pensions | 62 | €15,285 | €76,990 | +€61,705 | +404% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,315 | €7,764 | +€3,449 | +79.9% |
| Other operating charges | 640/8 | €2,183 | €2,203 | +€20 | +0.9% |
| Gross operating margin | 9900 | €21,714 | €92,984 | +€71,269 | +328% |
| Operating profit (loss) | 9901 | -€68 | €6,027 | +€6,095 | |
| Financial income | 75/76B | €250 | €2,446 | +€2,196 | +878% |
| Recurring financial income | 75 | €250 | €2,446 | +€2,196 | +878% |
| Financial charges | 65/66B | €1,457 | €2,484 | +€1,027 | +70.5% |
| Recurring financial charges | 65 | €1,457 | €2,484 | +€1,027 | +70.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,275 | €5,989 | +€7,264 | |
| Income taxes | 67/77 | €6 | €1,068 | +€1,061 | +16,739% |
| Profit (loss) for the period | 9904 | -€1,281 | €4,922 | +€6,203 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,281 | €4,922 | +€6,203 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.