AMM CONSTRUCT: 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.
AMM CONSTRUCT
Largest movements
- Receivables within one year +€62,649
up €62,649 (+73.8%), from €84,889 to €147,539
of which Trade receivables: +€46,241
- Cash -€23,226
down €23,226 (-49.4%), from €47,014 to €23,788
mainly Receivables within one year (-€62,649) and Other debts (-€15,303)
- Tangible fixed assets -€16,533
down €16,533 (-32.2%), from €51,357 to €34,824
- Profit (loss) carried forward +€39,426
up €39,426 (+35.4%), from €111,370 to €150,796
- Other debts -€15,303
down €15,303 (-67.0%), from €22,831 to €7,528
- Trade debts -€5,228
down €5,228 (-99.1%), from €5,276 to €48
- Tax, wage and social debts +€3,995
up €3,995 (+9.6%), from €41,583 to €45,578
of which Taxes: +€4,493
- Gross operating margin +€83,669
up €83,669 (+70.2%), from €119,252 to €202,921
- Financial charges +€61,970
up €61,970 (+217.8%), from €28,456 to €90,426
- Depreciation -€11,559
down €11,559 (-29.9%), from €38,689 to €27,130
- Staff costs +€3,979
up €3,979 (+9.5%), from €41,961 to €45,940
- Taxes -€3,200
no longer reported in 2025 (was €3,200)
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.
Cash bridge derived
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 | €183,260 | €206,151 | +€22,890 | +12.5% |
| Fixed assets | 21/28 | €51,357 | €34,824 | -€16,533 | -32.2% |
| Tangible fixed assets | 22/27 | €51,357 | €34,824 | -€16,533 | -32.2% |
| Furniture and vehicles | 24 | €51,357 | €34,824 | -€16,533 | -32.2% |
| Current assets | 29/58 | €131,903 | €171,327 | +€39,423 | +29.9% |
| Amounts receivable within one year | 40/41 | €84,889 | €147,539 | +€62,649 | +73.8% |
| Trade receivables | 40 | €44,531 | €90,772 | +€46,241 | +103.8% |
| Other amounts receivable | 41 | €40,359 | €56,767 | +€16,408 | +40.7% |
| Cash at bank and in hand | 54/58 | €47,014 | €23,788 | -€23,226 | -49.4% |
| Total equity and liabilities | 10/49 | €183,260 | €206,151 | +€22,890 | +12.5% |
| Equity | 10/15 | €113,570 | €152,996 | +€39,426 | +34.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,370 | €150,796 | +€39,426 | +35.4% |
| Amounts payable | 17/49 | €69,690 | €53,155 | -€16,535 | -23.7% |
| Amounts payable within one year | 42/48 | €69,690 | €53,155 | -€16,535 | -23.7% |
| Trade debts | 44 | €5,276 | €48 | -€5,228 | -99.1% |
| Suppliers | 440/4 | €5,276 | €48 | -€5,228 | -99.1% |
| Taxes, remuneration and social security | 45 | €41,583 | €45,578 | +€3,995 | +9.6% |
| Taxes | 450/3 | €38,144 | €42,637 | +€4,493 | +11.8% |
| Remuneration and social security | 454/9 | €3,439 | €2,941 | -€498 | -14.5% |
| Other amounts payable | 47/48 | €22,831 | €7,528 | -€15,303 | -67.0% |
| Remuneration, social security and pensions | 62 | €41,961 | €45,940 | +€3,979 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,689 | €27,130 | -€11,559 | -29.9% |
| Other operating charges | 640/8 | €81 | - | -€81 | |
| Gross operating margin | 9900 | €119,252 | €202,921 | +€83,669 | +70.2% |
| Operating profit (loss) | 9901 | €38,522 | €129,851 | +€91,330 | +237.1% |
| Financial income | 75/76B | €186 | €0 | -€186 | -100.0% |
| Recurring financial income | 75 | €186 | €0 | -€186 | -100.0% |
| Financial charges | 65/66B | €28,456 | €90,426 | +€61,970 | +217.8% |
| Recurring financial charges | 65 | €28,456 | €90,426 | +€61,970 | +217.8% |
| Profit (loss) for the period before taxes | 9903 | €10,252 | €39,426 | +€29,174 | +284.6% |
| Income taxes | 67/77 | €3,200 | - | -€3,200 | |
| Profit (loss) for the period | 9904 | €7,052 | €39,426 | +€32,374 | +459.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,052 | €39,426 | +€32,374 | +459.1% |
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 10 October 2026 via checked.be.