AMSA: 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.
AMSA
Largest movements
- Receivables within one year +€4,265
up €4,265 (+209.6%), from €2,035 to €6,301
of which Trade receivables: +€3,397
- Stocks and contracts +€3,005
up €3,005 (+320.6%), from €938 to €3,943
- Cash +€1,294
up €1,294 (+38.5%), from €3,360 to €4,654
mainly Accrued charges and deferred income (+€4,200) and Other debts (+€3,673)
- Accrued charges and deferred income +€4,200
new in 2024: €4,200
- Other debts +€3,673
up €3,673 (+11.5%), from €32,017 to €35,690
- Trade debts -€2,672
down €2,672 (-82.9%), from €3,222 to €550
- Profit (loss) carried forward +€2,387
up €2,387 (+8.7%), from -€27,573 to -€25,186
- Tax, wage and social debts +€1,132
up €1,132 (+128.3%), from €882 to €2,015
of which Taxes: +€882
- Gross operating margin -€19,553
down €19,553 (-82.5%), from €23,696 to €4,143
- Depreciation -€384
no longer reported in 2024 (was €384)
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 | €11,048 | €19,768 | +€8,720 | +78.9% |
| Fixed assets | 21/28 | €4,584 | €4,739 | +€156 | +3.4% |
| Tangible fixed assets | 22/27 | €384 | €539 | +€156 | +40.6% |
| Plant, machinery and equipment | 23 | - | €156 | +€156 | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €384 | €384 | = | 0.0% |
| Financial fixed assets | 28 | €4,200 | €4,200 | = | 0.0% |
| Current assets | 29/58 | €6,464 | €15,029 | +€8,565 | +132.5% |
| Stocks and contracts in progress | 3 | €938 | €3,943 | +€3,005 | +320.6% |
| Stocks | 30/36 | €938 | €3,943 | +€3,005 | +320.6% |
| Amounts receivable within one year | 40/41 | €2,035 | €6,301 | +€4,265 | +209.6% |
| Trade receivables | 40 | €2,035 | €5,432 | +€3,397 | +166.9% |
| Other amounts receivable | 41 | - | €869 | +€869 | |
| Cash at bank and in hand | 54/58 | €3,360 | €4,654 | +€1,294 | +38.5% |
| Deferred charges and accrued income | 490/1 | €132 | €132 | = | 0.0% |
| Total equity and liabilities | 10/49 | €11,048 | €19,768 | +€8,720 | +78.9% |
| Equity | 10/15 | -€25,073 | -€22,686 | +€2,387 | +9.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,573 | -€25,186 | +€2,387 | +8.7% |
| Amounts payable | 17/49 | €36,121 | €42,455 | +€6,334 | +17.5% |
| Amounts payable within one year | 42/48 | €36,121 | €38,255 | +€2,134 | +5.9% |
| Trade debts | 44 | €3,222 | €550 | -€2,672 | -82.9% |
| Suppliers | 440/4 | €3,222 | €550 | -€2,672 | -82.9% |
| Taxes, remuneration and social security | 45 | €882 | €2,015 | +€1,132 | +128.3% |
| Taxes | 450/3 | €882 | €1,765 | +€882 | +100.0% |
| Remuneration and social security | 454/9 | - | €250 | +€250 | |
| Other amounts payable | 47/48 | €32,017 | €35,690 | +€3,673 | +11.5% |
| Accrued charges and deferred income | 492/3 | - | €4,200 | +€4,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €384 | - | -€384 | |
| Other operating charges | 640/8 | €1,466 | €1,524 | +€57 | +3.9% |
| Gross operating margin | 9900 | €23,696 | €4,143 | -€19,553 | -82.5% |
| Operating profit (loss) | 9901 | €21,846 | €2,619 | -€19,227 | -88.0% |
| Financial charges | 65/66B | €192 | €232 | +€40 | +20.8% |
| Recurring financial charges | 65 | €192 | €232 | +€40 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | €21,654 | €2,387 | -€19,267 | -89.0% |
| Profit (loss) for the period | 9904 | €21,654 | €2,387 | -€19,267 | -89.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,654 | €2,387 | -€19,267 | -89.0% |
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 30 September 2026 via checked.be.