AMS PROJECT: what changed
Two fiscal 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 PROJECT
Largest movements
- Receivables within one year -€50,803
down €50,803 (-67.8%), from €74,949 to €24,145
of which Trade receivables: -€65,712
- Tangible fixed assets +€8,648
up €8,648 (+47.9%), from €18,051 to €26,699
- Cash +€4,770
up €4,770 (+78.9%), from €6,047 to €10,817
mainly Receivables within one year (+€50,803) and Depreciation (+€9,300)
- Deferred charges and accrued income +€2,065
new in 2024: €2,065
- Trade debts -€23,654
down €23,654 (-47.1%), from €50,219 to €26,565
- Tax, wage and social debts -€16,041
down €16,041 (-67.0%), from €23,943 to €7,902
of which Taxes: -€9,502
- Profit (loss) carried forward +€3,877
up €3,877 (+15.6%), from €24,860 to €28,736
- Purchases and services +€398,882
up €398,882 (+557.5%), from €71,553 to €470,435
- Gross operating margin -€12,544
down €12,544 (-40.9%), from €30,660 to €18,116
- Depreciation +€7,097
up €7,097 (+322.1%), from €2,203 to €9,300
- Taxes -€4,667
down €4,667 (-82.8%), from €5,637 to €969
- Other operating charges +€3,360
up €3,360 (+1826.1%), from €184 to €3,544
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.
Cash bridge derived
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 | €99,047 | €63,726 | -€35,321 | -35.7% |
| Fixed assets | 21/28 | €18,051 | €26,699 | +€8,648 | +47.9% |
| Tangible fixed assets | 22/27 | €18,051 | €26,699 | +€8,648 | +47.9% |
| Furniture and vehicles | 24 | €18,051 | €26,699 | +€8,648 | +47.9% |
| Current assets | 29/58 | €80,996 | €37,027 | -€43,969 | -54.3% |
| Amounts receivable within one year | 40/41 | €74,949 | €24,145 | -€50,803 | -67.8% |
| Trade receivables | 40 | €74,298 | €8,586 | -€65,712 | -88.4% |
| Other amounts receivable | 41 | €651 | €15,559 | +€14,908 | +2291.3% |
| Cash at bank and in hand | 54/58 | €6,047 | €10,817 | +€4,770 | +78.9% |
| Deferred charges and accrued income | 490/1 | - | €2,065 | +€2,065 | |
| Total equity and liabilities | 10/49 | €99,047 | €63,726 | -€35,321 | -35.7% |
| Equity | 10/15 | €24,860 | €28,736 | +€3,877 | +15.6% |
| Profit (loss) carried forward | 14 | €24,860 | €28,736 | +€3,877 | +15.6% |
| Amounts payable | 17/49 | €74,187 | €34,990 | -€39,197 | -52.8% |
| Amounts payable within one year | 42/48 | €74,187 | €34,492 | -€39,695 | -53.5% |
| Financial debts | 43 | €26 | €26 | = | 0.0% |
| Credit institutions | 430/8 | €26 | €26 | = | 0.0% |
| Trade debts | 44 | €50,219 | €26,565 | -€23,654 | -47.1% |
| Suppliers | 440/4 | €50,219 | €26,565 | -€23,654 | -47.1% |
| Taxes, remuneration and social security | 45 | €23,943 | €7,902 | -€16,041 | -67.0% |
| Taxes | 450/3 | €17,404 | €7,902 | -€9,502 | -54.6% |
| Remuneration and social security | 454/9 | €6,538 | - | -€6,538 | |
| Accrued charges and deferred income | 492/3 | - | €497 | +€497 | |
| Goods, raw materials, services and sundry goods | 60/61 | €71,553 | €470,435 | +€398,882 | +557.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,203 | €9,300 | +€7,097 | +322.1% |
| Other operating charges | 640/8 | €184 | €3,544 | +€3,360 | +1826.1% |
| Gross operating margin | 9900 | €30,660 | €18,116 | -€12,544 | -40.9% |
| Operating profit (loss) | 9901 | €28,273 | €5,271 | -€23,001 | -81.4% |
| Financial income | 75/76B | - | €234 | +€234 | |
| Recurring financial income | 75 | - | €234 | +€234 | |
| Financial charges | 65/66B | €90 | €660 | +€570 | +633.2% |
| Recurring financial charges | 65 | €90 | €660 | +€570 | +633.2% |
| Profit (loss) for the period before taxes | 9903 | €28,183 | €4,846 | -€23,337 | -82.8% |
| Income taxes | 67/77 | €5,637 | €969 | -€4,667 | -82.8% |
| Profit (loss) for the period | 9904 | €22,546 | €3,877 | -€18,669 | -82.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,546 | €3,877 | -€18,669 | -82.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.