AM2 Consulting: 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.
AM2 Consulting
Largest movements
- Tangible fixed assets +€81,319
up €81,319 (+129%), from €62,861 to €144,180
of which Leasing and similar rights: +€87,158
- Receivables within one year -€64,877
down €64,877 (-72.3%), from €89,726 to €24,849
of which Other amounts receivable: -€71,959
- Cash +€46,685
up €46,685 (+73.0%), from €63,988 to €110,673
mainly Debts after one year (+€70,126) and Receivables within one year (+€64,877)
- Debts after one year +€70,126
new in 2025: €70,126
- Current portion of long-term debt +€16,184
new in 2025: €16,184
- Tax, wage and social debts -€15,048
down €15,048 (-79.2%), from €18,997 to €3,949
- Reserves -€13,200
down €13,200 (-7.3%), from €180,200 to €167,000
- Trade debts +€4,239
up €4,239 (+538%), from €788 to €5,027
- Gross operating margin +€18,074
up €18,074 (+23.7%), from €76,367 to €94,441
- Taxes +€4,255
up €4,255 (+22.8%), from €18,622 to €22,877
- Financial income -€3,399
down €3,399 (-99.8%), from €3,405 to €6
- Financial charges +€1,004
up €1,004, from -€83 to €921
- Depreciation +€986
up €986 (+8.2%), from €11,978 to €12,964
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 | €229,134 | €292,959 | +€63,824 | +27.9% |
| Fixed assets | 21/28 | €72,861 | €154,180 | +€81,319 | +112% |
| Tangible fixed assets | 22/27 | €62,861 | €144,180 | +€81,319 | +129% |
| Plant, machinery and equipment | 23 | €57,104 | €53,785 | -€3,320 | -5.8% |
| Furniture and vehicles | 24 | €5,756 | €3,237 | -€2,519 | -43.8% |
| Leasing and similar rights | 25 | - | €87,158 | +€87,158 | |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €156,274 | €138,779 | -€17,495 | -11.2% |
| Amounts receivable within one year | 40/41 | €89,726 | €24,849 | -€64,877 | -72.3% |
| Trade receivables | 40 | €15,404 | €22,486 | +€7,082 | +46.0% |
| Other amounts receivable | 41 | €74,322 | €2,363 | -€71,959 | -96.8% |
| Current investments | 50/53 | - | €29 | +€29 | |
| Cash at bank and in hand | 54/58 | €63,988 | €110,673 | +€46,685 | +73.0% |
| Deferred charges and accrued income | 490/1 | €2,559 | €3,228 | +€668 | +26.1% |
| Total equity and liabilities | 10/49 | €229,134 | €292,959 | +€63,824 | +27.9% |
| Equity | 10/15 | €209,349 | €197,054 | -€12,295 | -5.9% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €180,200 | €167,000 | -€13,200 | -7.3% |
| Distributable reserves | 133 | €180,200 | €167,000 | -€13,200 | -7.3% |
| Profit (loss) carried forward | 14 | €21,089 | €21,994 | +€905 | +4.3% |
| Amounts payable | 17/49 | €19,785 | €95,904 | +€76,119 | +385% |
| Amounts payable after more than one year | 17 | - | €70,126 | +€70,126 | |
| Financial debts | 170/4 | - | €70,126 | +€70,126 | |
| Amounts payable within one year | 42/48 | €19,785 | €25,778 | +€5,993 | +30.3% |
| Current portion of amounts payable after more than one year | 42 | - | €16,184 | +€16,184 | |
| Trade debts | 44 | €788 | €5,027 | +€4,239 | +538% |
| Suppliers | 440/4 | €788 | €5,027 | +€4,239 | +538% |
| Taxes, remuneration and social security | 45 | €18,997 | €3,949 | -€15,048 | -79.2% |
| Taxes | 450/3 | €18,997 | €3,949 | -€15,048 | -79.2% |
| Other amounts payable | 47/48 | - | €619 | +€619 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,978 | €12,964 | +€986 | +8.2% |
| Other operating charges | 640/8 | €981 | €1,780 | +€799 | +81.4% |
| Gross operating margin | 9900 | €76,367 | €94,441 | +€18,074 | +23.7% |
| Operating profit (loss) | 9901 | €63,407 | €79,697 | +€16,289 | +25.7% |
| Financial income | 75/76B | €3,405 | €6 | -€3,399 | -99.8% |
| Recurring financial income | 75 | €3,405 | €6 | -€3,399 | -99.8% |
| Financial charges | 65/66B | -€83 | €921 | +€1,004 | |
| Recurring financial charges | 65 | -€83 | €921 | +€1,004 | |
| Profit (loss) for the period before taxes | 9903 | €66,895 | €78,782 | +€11,887 | +17.8% |
| Income taxes | 67/77 | €18,622 | €22,877 | +€4,255 | +22.8% |
| Profit (loss) for the period | 9904 | €48,273 | €55,905 | +€7,632 | +15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €48,273 | €55,905 | +€7,632 | +15.8% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.