AMK ART: 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.
AMK ART
Largest movements
- Formation expenses -€20,000
no longer reported in 2024 (was €20,000)
- Intangible fixed assets +€18,000
new in 2024: €18,000
- Cash +€2,771
up €2,771 (+788%), from €352 to €3,123
mainly Accrued charges and deferred income (+€5,550) and Tax, wage and social debts (+€2,870)
- Financial fixed assets +€2,500
new in 2024: €2,500
- Tangible fixed assets +€1,486
new in 2024: €1,486
- Accrued charges and deferred income +€5,550
new in 2024: €5,550
- Profit (loss) carried forward -€3,392
new in 2024: -€3,392
- Tax, wage and social debts +€2,870
up €2,870 (+29.6%), from €9,706 to €12,576
- Trade debts -€476
no longer reported in 2024 (was €476)
- Turnover -€20,994
down €20,994 (-40.6%), from €51,675 to €30,681
- Gross operating margin -€13,979
down €13,979 (-96.9%), from €14,419 to €440
- Purchases and services -€7,015
down €7,015 (-18.8%), from €37,256 to €30,241
- Depreciation +€2,000
new in 2024: €2,000
- Other operating charges +€1,724
new in 2024: €1,724
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 | €25,615 | €30,167 | +€4,552 | +17.8% |
| Formation expenses | 20 | €20,000 | - | -€20,000 | |
| Fixed assets | 21/28 | - | €21,986 | +€21,986 | |
| Intangible fixed assets | 21 | - | €18,000 | +€18,000 | |
| Tangible fixed assets | 22/27 | - | €1,486 | +€1,486 | |
| Furniture and vehicles | 24 | - | €1,486 | +€1,486 | |
| Financial fixed assets | 28 | - | €2,500 | +€2,500 | |
| Current assets | 29/58 | €5,615 | €8,182 | +€2,566 | +45.7% |
| Amounts receivable within one year | 40/41 | €5,264 | €5,059 | -€205 | -3.9% |
| Trade receivables | 40 | €597 | €1,025 | +€428 | +71.8% |
| Other amounts receivable | 41 | €4,667 | €4,033 | -€634 | -13.6% |
| Cash at bank and in hand | 54/58 | €352 | €3,123 | +€2,771 | +788% |
| Total equity and liabilities | 10/49 | €25,615 | €30,167 | +€4,552 | +17.8% |
| Equity | 10/15 | €8,433 | €5,041 | -€3,392 | -40.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €5,933 | €5,933 | = | 0.0% |
| Distributable reserves | 133 | €5,933 | €5,933 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,392 | -€3,392 | |
| Amounts payable | 17/49 | €17,182 | €25,126 | +€7,944 | +46.2% |
| Amounts payable within one year | 42/48 | €17,182 | €19,576 | +€2,394 | +13.9% |
| Trade debts | 44 | €476 | - | -€476 | |
| Suppliers | 440/4 | €476 | - | -€476 | |
| Taxes, remuneration and social security | 45 | €9,706 | €12,576 | +€2,870 | +29.6% |
| Taxes | 450/3 | €9,706 | €12,576 | +€2,870 | +29.6% |
| Other amounts payable | 47/48 | €7,000 | €7,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €5,550 | +€5,550 | |
| Turnover | 70 | €51,675 | €30,681 | -€20,994 | -40.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €37,256 | €30,241 | -€7,015 | -18.8% |
| Remuneration, social security and pensions | 62 | - | €330 | +€330 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,000 | +€2,000 | |
| Other operating charges | 640/8 | - | €1,724 | +€1,724 | |
| Gross operating margin | 9900 | €14,419 | €440 | -€13,979 | -96.9% |
| Operating profit (loss) | 9901 | €14,419 | -€3,614 | -€18,033 | |
| Financial income | 75/76B | €295 | €237 | -€58 | -19.6% |
| Recurring financial income | 75 | €295 | €237 | -€58 | -19.6% |
| Financial charges | 65/66B | €297 | €15 | -€282 | -94.8% |
| Recurring financial charges | 65 | €297 | €15 | -€282 | -94.8% |
| Profit (loss) for the period before taxes | 9903 | €14,417 | -€3,392 | -€17,809 | |
| Income taxes | 67/77 | €1,483 | - | -€1,483 | |
| Profit (loss) for the period | 9904 | €12,933 | -€3,392 | -€16,325 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,933 | -€3,392 | -€16,325 |
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 15 October 2026 via checked.be.