AMJ Works: 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 Works
Largest movements
- Receivables within one year -€72,649
down €72,649 (-40.3%), from €180,294 to €107,645
of which Trade receivables: -€81,736
- Cash +€68,825
up €68,825 (+353%), from €19,512 to €88,337
mainly Receivables within one year (+€72,649) and Tax, wage and social debts (+€19,014)
- Stocks and contracts +€62,752
up €62,752 (+1,932%), from €3,248 to €66,000
- Tangible fixed assets -€29,213
down €29,213 (-52.6%), from €55,537 to €26,323
- Tax, wage and social debts +€19,014
up €19,014 (+14.4%), from €132,467 to €151,481
of which Remuneration and social security: +€12,457
- Profit (loss) carried forward +€8,911
up €8,911 (+7.8%), from €114,672 to €123,583
- Staff costs +€273,809
up €273,809 (+60.7%), from €450,771 to €724,581
- Gross operating margin +€215,215
up €215,215 (+38.7%), from €555,874 to €771,088
- Other operating charges +€24,275
up €24,275 (+55,171%), from €44 to €24,319
- Taxes -€17,398
down €17,398 (-86.7%), from €20,068 to €2,670
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 | €258,591 | €288,305 | +€29,714 | +11.5% |
| Fixed assets | 21/28 | €55,537 | €26,323 | -€29,213 | -52.6% |
| Tangible fixed assets | 22/27 | €55,537 | €26,323 | -€29,213 | -52.6% |
| Furniture and vehicles | 24 | €55,537 | €26,323 | -€29,213 | -52.6% |
| Current assets | 29/58 | €203,054 | €261,982 | +€58,928 | +29.0% |
| Stocks and contracts in progress | 3 | €3,248 | €66,000 | +€62,752 | +1,932% |
| Stocks | 30/36 | €3,248 | €66,000 | +€62,752 | +1,932% |
| Amounts receivable within one year | 40/41 | €180,294 | €107,645 | -€72,649 | -40.3% |
| Trade receivables | 40 | €173,777 | €92,041 | -€81,736 | -47.0% |
| Other amounts receivable | 41 | €6,517 | €15,605 | +€9,087 | +139% |
| Cash at bank and in hand | 54/58 | €19,512 | €88,337 | +€68,825 | +353% |
| Total equity and liabilities | 10/49 | €258,591 | €288,305 | +€29,714 | +11.5% |
| Equity | 10/15 | €119,672 | €128,583 | +€8,911 | +7.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114,672 | €123,583 | +€8,911 | +7.8% |
| Amounts payable | 17/49 | €138,919 | €159,723 | +€20,803 | +15.0% |
| Amounts payable within one year | 42/48 | €138,919 | €159,723 | +€20,803 | +15.0% |
| Trade debts | 44 | €6,452 | €8,242 | +€1,790 | +27.7% |
| Suppliers | 440/4 | €6,452 | €8,242 | +€1,790 | +27.7% |
| Taxes, remuneration and social security | 45 | €132,467 | €151,481 | +€19,014 | +14.4% |
| Taxes | 450/3 | €61,961 | €68,518 | +€6,557 | +10.6% |
| Remuneration and social security | 454/9 | €70,506 | €82,963 | +€12,457 | +17.7% |
| Remuneration, social security and pensions | 62 | €450,771 | €724,581 | +€273,809 | +60.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,161 | €10,869 | +€5,708 | +111% |
| Other operating charges | 640/8 | €44 | €24,319 | +€24,275 | +55,171% |
| Gross operating margin | 9900 | €555,874 | €771,088 | +€215,215 | +38.7% |
| Operating profit (loss) | 9901 | €99,898 | €11,319 | -€88,578 | -88.7% |
| Financial income | 75/76B | - | €393 | +€393 | |
| Recurring financial income | 75 | - | €393 | +€393 | |
| Financial charges | 65/66B | €99 | €132 | +€34 | +34.2% |
| Recurring financial charges | 65 | €99 | €132 | +€34 | +34.2% |
| Profit (loss) for the period before taxes | 9903 | €99,799 | €11,581 | -€88,219 | -88.4% |
| Income taxes | 67/77 | €20,068 | €2,670 | -€17,398 | -86.7% |
| Profit (loss) for the period | 9904 | €79,732 | €8,911 | -€70,821 | -88.8% |
| Profit (loss) for the period to be appropriated | 9905 | €79,732 | €8,911 | -€70,821 | -88.8% |
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 21 October 2026 via checked.be.