AM3 GESTION: 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.
AM3 GESTION
Largest movements
- Tangible fixed assets -€10,676
down €10,676 (-30.3%), from €35,178 to €24,503
- Debts after one year -€44,304
down €44,304 (-10.6%), from €417,841 to €373,537
of which Financial debts: -€38,304
- Profit (loss) carried forward +€17,744
up €17,744 (+11.5%), from €154,695 to €172,439
- Other debts +€17,000
up €17,000 (+77.9%), from €21,829 to €38,829
- Financial income +€4,232
up €4,232 (+30.0%), from €14,086 to €18,318
- Taxes +€4,138
up €4,138 (+91.4%), from €4,527 to €8,665
- Gross operating margin -€2,686
down €2,686 (-10.9%), from €24,572 to €21,885
- Other operating charges -€308
down €308 (-26.0%), from €1,184 to €877
- Financial charges +€261
up €261 (+13.2%), from €1,980 to €2,242
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 | €645,251 | €633,481 | -€11,770 | -1.8% |
| Fixed assets | 21/28 | €635,178 | €624,503 | -€10,676 | -1.7% |
| Tangible fixed assets | 22/27 | €35,178 | €24,503 | -€10,676 | -30.3% |
| Furniture and vehicles | 24 | €35,178 | €24,503 | -€10,676 | -30.3% |
| Financial fixed assets | 28 | €600,000 | €600,000 | = | 0.0% |
| Current assets | 29/58 | €10,072 | €8,978 | -€1,094 | -10.9% |
| Amounts receivable within one year | 40/41 | €6,792 | €6,793 | +€2 | 0.0% |
| Trade receivables | 40 | €6,792 | €6,793 | +€2 | 0.0% |
| Cash at bank and in hand | 54/58 | €3,162 | €2,064 | -€1,098 | -34.7% |
| Deferred charges and accrued income | 490/1 | €119 | €121 | +€2 | +1.8% |
| Total equity and liabilities | 10/49 | €645,251 | €633,481 | -€11,770 | -1.8% |
| Equity | 10/15 | €160,695 | €178,439 | +€17,744 | +11.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154,695 | €172,439 | +€17,744 | +11.5% |
| Amounts payable | 17/49 | €484,556 | €455,042 | -€29,514 | -6.1% |
| Amounts payable after more than one year | 17 | €417,841 | €373,537 | -€44,304 | -10.6% |
| Financial debts | 170/4 | €71,141 | €32,837 | -€38,304 | -53.8% |
| Other amounts payable | 178/9 | €346,700 | €340,700 | -€6,000 | -1.7% |
| Amounts payable within one year | 42/48 | €66,715 | €81,505 | +€14,790 | +22.2% |
| Current portion of amounts payable after more than one year | 42 | €37,071 | €37,427 | +€355 | +1.0% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €7,815 | €5,250 | -€2,565 | -32.8% |
| Taxes | 450/3 | €7,815 | €5,250 | -€2,565 | -32.8% |
| Other amounts payable | 47/48 | €21,829 | €38,829 | +€17,000 | +77.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,676 | €10,676 | = | 0.0% |
| Other operating charges | 640/8 | €1,184 | €877 | -€308 | -26.0% |
| Gross operating margin | 9900 | €24,572 | €21,885 | -€2,686 | -10.9% |
| Operating profit (loss) | 9901 | €12,711 | €10,333 | -€2,379 | -18.7% |
| Financial income | 75/76B | €14,086 | €18,318 | +€4,232 | +30.0% |
| Recurring financial income | 75 | €14,086 | €18,318 | +€4,232 | +30.0% |
| Financial charges | 65/66B | €1,980 | €2,242 | +€261 | +13.2% |
| Recurring financial charges | 65 | €1,980 | €2,242 | +€261 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | €24,818 | €26,410 | +€1,592 | +6.4% |
| Income taxes | 67/77 | €4,527 | €8,665 | +€4,138 | +91.4% |
| Profit (loss) for the period | 9904 | €20,291 | €17,744 | -€2,546 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,291 | €17,744 | -€2,546 | -12.5% |
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 15 October 2026 via checked.be.