AMS: 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.
AMS
Largest movements
- Stocks and contracts +€90,222
up €90,222 (+65.3%), from €138,164 to €228,387
- Receivables within one year +€32,691
up €32,691 (+67.9%), from €48,151 to €80,842
of which Trade receivables: +€25,928
- Cash -€27,921
down €27,921 (-48.1%), from €58,098 to €30,178
mainly Stocks and contracts (-€90,222) and Receivables within one year (-€32,691)
- Deferred charges and accrued income +€20,707
up €20,707 (+2,338%), from €886 to €21,592
- Current portion of long-term debt +€91,326
up €91,326 (+43.4%), from €210,438 to €301,764
- Trade debts +€53,417
up €53,417 (+1,479%), from €3,611 to €57,028
- Profit (loss) carried forward -€23,852
down €23,852, from €17,125 to -€6,726
- Tax, wage and social debts -€5,368
down €5,368 (-89.0%), from €6,030 to €663
of which Taxes: -€4,537
- Gross operating margin -€59,656
down €59,656 (-86.5%), from €68,973 to €9,317
- Taxes -€2,678
no longer reported in 2024 (was €2,678)
- Other operating charges -€1,546
down €1,546 (-33.9%), from €4,561 to €3,014
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 | €255,828 | €369,602 | +€113,773 | +44.5% |
| Fixed assets | 21/28 | €10,529 | €8,603 | -€1,926 | -18.3% |
| Intangible fixed assets | 21 | €440 | €440 | = | 0.0% |
| Tangible fixed assets | 22/27 | €3,743 | €1,817 | -€1,926 | -51.5% |
| Plant, machinery and equipment | 23 | €1,494 | €1,451 | -€42 | -2.8% |
| Furniture and vehicles | 24 | €1,077 | €243 | -€834 | -77.4% |
| Other tangible fixed assets | 26 | €1,173 | €123 | -€1,050 | -89.5% |
| Financial fixed assets | 28 | €6,346 | €6,346 | = | 0.0% |
| Current assets | 29/58 | €245,299 | €360,998 | +€115,699 | +47.2% |
| Stocks and contracts in progress | 3 | €138,164 | €228,387 | +€90,222 | +65.3% |
| Stocks | 30/36 | €138,164 | €228,387 | +€90,222 | +65.3% |
| Amounts receivable within one year | 40/41 | €48,151 | €80,842 | +€32,691 | +67.9% |
| Trade receivables | 40 | €47,610 | €73,538 | +€25,928 | +54.5% |
| Other amounts receivable | 41 | €541 | €7,304 | +€6,763 | +1,251% |
| Cash at bank and in hand | 54/58 | €58,098 | €30,178 | -€27,921 | -48.1% |
| Deferred charges and accrued income | 490/1 | €886 | €21,592 | +€20,707 | +2,338% |
| Total equity and liabilities | 10/49 | €255,828 | €369,602 | +€113,773 | +44.5% |
| Equity | 10/15 | €33,985 | €10,134 | -€23,852 | -70.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,125 | -€6,726 | -€23,852 | |
| Amounts payable | 17/49 | €221,843 | €359,468 | +€137,625 | +62.0% |
| Amounts payable after more than one year | 17 | €1,764 | - | -€1,764 | |
| Financial debts | 170/4 | €1,764 | - | -€1,764 | |
| Amounts payable within one year | 42/48 | €220,080 | €359,454 | +€139,375 | +63.3% |
| Current portion of amounts payable after more than one year | 42 | €210,438 | €301,764 | +€91,326 | +43.4% |
| Trade debts | 44 | €3,611 | €57,028 | +€53,417 | +1,479% |
| Suppliers | 440/4 | €3,611 | €57,028 | +€53,417 | +1,479% |
| Taxes, remuneration and social security | 45 | €6,030 | €663 | -€5,368 | -89.0% |
| Taxes | 450/3 | €5,199 | €663 | -€4,537 | -87.3% |
| Remuneration and social security | 454/9 | €831 | - | -€831 | |
| Accrued charges and deferred income | 492/3 | - | €14 | +€14 | |
| Remuneration, social security and pensions | 62 | €12,638 | €13,092 | +€453 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,265 | €2,976 | -€288 | -8.8% |
| Other operating charges | 640/8 | €4,561 | €3,014 | -€1,546 | -33.9% |
| Gross operating margin | 9900 | €68,973 | €9,317 | -€59,656 | -86.5% |
| Operating profit (loss) | 9901 | €48,509 | -€9,766 | -€58,275 | |
| Financial income | 75/76B | €2 | €1 | -€1 | -42.0% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -42.0% |
| Financial charges | 65/66B | €14,733 | €14,087 | -€647 | -4.4% |
| Recurring financial charges | 65 | €14,733 | €14,087 | -€647 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €33,778 | -€23,852 | -€57,629 | |
| Income taxes | 67/77 | €2,678 | - | -€2,678 | |
| Profit (loss) for the period | 9904 | €31,099 | -€23,852 | -€54,951 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,099 | -€23,852 | -€54,951 |
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 19 October 2026 via checked.be.