AM Trans: 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 Trans
Largest movements
- Stocks and contracts +€94,675
new in 2026: €94,675
- Cash +€40,878
up €40,878 (+15.1%), from €270,923 to €311,801
mainly Net result for the year (+€87,193) and Receivables within one year (+€27,422)
- Receivables within one year -€27,422
down €27,422 (-78.9%), from €34,746 to €7,324
of which Trade receivables: -€32,610
- Tangible fixed assets -€7,026
down €7,026 (-13.8%), from €50,944 to €43,918
of which Furniture and vehicles: -€6,535
- Profit (loss) carried forward +€87,193
up €87,193 (+52.5%), from €166,034 to €253,227
- Tax, wage and social debts +€24,237
up €24,237 (+1682.5%), from €1,441 to €25,677
- Other debts -€8,775
down €8,775 (-7.0%), from €125,680 to €116,905
- Gross operating margin +€86,591
up €86,591 (+178.3%), from €48,556 to €135,147
- Taxes +€28,568
up €28,568, from -€49 to €28,519
- Depreciation -€24,897
down €24,897 (-59.4%), from €41,930 to €17,033
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €357,084 | €460,037 | +€102,953 | +28.8% |
| Fixed assets | 21/28 | €51,414 | €44,388 | -€7,026 | -13.7% |
| Tangible fixed assets | 22/27 | €50,944 | €43,918 | -€7,026 | -13.8% |
| Plant, machinery and equipment | 23 | €2,706 | €2,215 | -€491 | -18.1% |
| Furniture and vehicles | 24 | €48,239 | €41,703 | -€6,535 | -13.5% |
| Financial fixed assets | 28 | €470 | €470 | = | 0.0% |
| Current assets | 29/58 | €305,669 | €415,649 | +€109,980 | +36.0% |
| Stocks and contracts in progress | 3 | - | €94,675 | +€94,675 | |
| Contracts in progress | 37 | - | €94,675 | +€94,675 | |
| Amounts receivable within one year | 40/41 | €34,746 | €7,324 | -€27,422 | -78.9% |
| Trade receivables | 40 | €34,746 | €2,136 | -€32,610 | -93.9% |
| Other amounts receivable | 41 | - | €5,188 | +€5,188 | |
| Cash at bank and in hand | 54/58 | €270,923 | €311,801 | +€40,878 | +15.1% |
| Deferred charges and accrued income | 490/1 | - | €1,849 | +€1,849 | |
| Total equity and liabilities | 10/49 | €357,084 | €460,037 | +€102,953 | +28.8% |
| Equity | 10/15 | €227,956 | €315,149 | +€87,193 | +38.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €43,322 | €43,322 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €41,462 | €41,462 | = | 0.0% |
| Profit (loss) carried forward | 14 | €166,034 | €253,227 | +€87,193 | +52.5% |
| Amounts payable | 17/49 | €129,128 | €144,888 | +€15,760 | +12.2% |
| Amounts payable within one year | 42/48 | €129,128 | €144,888 | +€15,760 | +12.2% |
| Trade debts | 44 | €2,007 | €2,306 | +€299 | +14.9% |
| Suppliers | 440/4 | €2,007 | €2,306 | +€299 | +14.9% |
| Taxes, remuneration and social security | 45 | €1,441 | €25,677 | +€24,237 | +1682.5% |
| Taxes | 450/3 | €1,441 | €25,677 | +€24,237 | +1682.5% |
| Other amounts payable | 47/48 | €125,680 | €116,905 | -€8,775 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,930 | €17,033 | -€24,897 | -59.4% |
| Other operating charges | 640/8 | €659 | €531 | -€128 | -19.5% |
| Non-recurring operating charges | 66A | - | €1,434 | +€1,434 | |
| Gross operating margin | 9900 | €48,556 | €135,147 | +€86,591 | +178.3% |
| Operating profit (loss) | 9901 | €5,967 | €116,150 | +€110,183 | +1846.6% |
| Financial charges | 65/66B | €481 | €438 | -€43 | -9.0% |
| Recurring financial charges | 65 | €481 | €438 | -€43 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €5,486 | €115,712 | +€110,227 | +2009.4% |
| Income taxes | 67/77 | -€49 | €28,519 | +€28,568 | |
| Profit (loss) for the period | 9904 | €5,535 | €87,193 | +€81,659 | +1475.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,535 | €87,193 | +€81,659 | +1475.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.