AMJ PROJECT: 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.
AMJ PROJECT
Largest movements
- Stocks and contracts -€3,992
down €3,992 (-10.7%), from €37,151 to €33,159
- Cash +€2,457
up €2,457 (+190%), from €1,290 to €3,746
mainly Trade debts (+€16,121) and Other debts (+€8,280)
- Receivables within one year +€2,223
up €2,223 (+111%), from €2,000 to €4,223
of which Trade receivables: +€4,223
- Profit (loss) carried forward -€29,889
down €29,889 (-7,620%), from -€392 to -€30,281
- Trade debts +€16,121
up €16,121 (+40.8%), from €39,514 to €55,635
- Other debts +€8,280
new in 2024: €8,280
- Tax, wage and social debts +€8,175
up €8,175 (+386%), from €2,119 to €10,294
- Contributions -€2,000
no longer reported in 2024 (was €2,000)
- Gross operating margin -€28,748
down €28,748, from €194 to -€28,554
- Financial charges +€488
up €488 (+170%), from €287 to €774
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 | €43,240 | €43,927 | +€687 | +1.6% |
| Fixed assets | 21/28 | €2,800 | €2,800 | = | 0.0% |
| Financial fixed assets | 28 | €2,800 | €2,800 | = | 0.0% |
| Current assets | 29/58 | €40,440 | €41,127 | +€687 | +1.7% |
| Stocks and contracts in progress | 3 | €37,151 | €33,159 | -€3,992 | -10.7% |
| Stocks | 30/36 | €37,151 | €33,159 | -€3,992 | -10.7% |
| Amounts receivable within one year | 40/41 | €2,000 | €4,223 | +€2,223 | +111% |
| Trade receivables | 40 | - | €4,223 | +€4,223 | |
| Other amounts receivable | 41 | €2,000 | - | -€2,000 | |
| Cash at bank and in hand | 54/58 | €1,290 | €3,746 | +€2,457 | +190% |
| Total equity and liabilities | 10/49 | €43,240 | €43,927 | +€687 | +1.6% |
| Equity | 10/15 | €1,608 | -€30,281 | -€31,889 | |
| Contributions | 10/11 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | -€392 | -€30,281 | -€29,889 | -7,620% |
| Amounts payable | 17/49 | €41,633 | €74,209 | +€32,576 | +78.2% |
| Amounts payable within one year | 42/48 | €41,633 | €74,209 | +€32,576 | +78.2% |
| Trade debts | 44 | €39,514 | €55,635 | +€16,121 | +40.8% |
| Suppliers | 440/4 | €39,514 | €55,635 | +€16,121 | +40.8% |
| Taxes, remuneration and social security | 45 | €2,119 | €10,294 | +€8,175 | +386% |
| Taxes | 450/3 | €2,119 | €10,294 | +€8,175 | +386% |
| Other amounts payable | 47/48 | - | €8,280 | +€8,280 | |
| Non-recurring operating charges | 66A | €300 | €561 | +€261 | +87.0% |
| Gross operating margin | 9900 | €194 | -€28,554 | -€28,748 | |
| Operating profit (loss) | 9901 | -€106 | -€29,115 | -€29,009 | -27,440% |
| Financial charges | 65/66B | €287 | €774 | +€488 | +170% |
| Recurring financial charges | 65 | €287 | €774 | +€488 | +170% |
| Profit (loss) for the period before taxes | 9903 | -€392 | -€29,889 | -€29,497 | -7,520% |
| Profit (loss) for the period | 9904 | -€392 | -€29,889 | -€29,497 | -7,520% |
| Profit (loss) for the period to be appropriated | 9905 | -€392 | -€29,889 | -€29,497 | -7,520% |
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 16 October 2026 via checked.be.