AMV 2: 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.
AMV 2
Largest movements
- Stocks and contracts -€279,348
down €279,348 (-51.7%), from €540,000 to €260,653
- Tangible fixed assets -€192,512
down €192,512 (-8.5%), from €2.3m to €2.1m
of which Land and buildings: -€124,802
- Receivables within one year +€165,819
up €165,819 (+179.8%), from €92,206 to €258,025
of which Trade receivables: +€159,065
- Cash -€45,674
down €45,674 (-30.1%), from €151,738 to €106,064
mainly Net result for the year (-€582,316) and Trade debts (-€396,718)
- Profit (loss) carried forward -€582,316
down €582,316 (-91.1%), from -€639,422 to -€1.2m
- Other debts +€563,559
up €563,559 (+74.7%), from €754,002 to €1.3m
- Trade debts -€396,718
down €396,718 (-35.0%), from €1.1m to €737,430
- Tax, wage and social debts +€205,894
up €205,894 (+551.4%), from €37,339 to €243,233
of which Taxes: +€113,664
- Debts after one year -€127,288
down €127,288 (-11.6%), from €1.1m to €971,327
- Gross operating margin -€169,111
down €169,111 (-31.6%), from €535,672 to €366,561
- Other operating charges +€110,947
up €110,947 (+2380.6%), from €4,660 to €115,607
- Financial income +€38,871
up €38,871 (+1886921.8%), from €2 to €38,873
of which Non-recurring financial income: +€38,873
- Staff costs +€11,670
up €11,670 (+2.7%), from €435,257 to €446,926
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 | €3,072,938 | €2,734,346 | -€338,592 | -11.0% |
| Fixed assets | 21/28 | €2,286,318 | €2,105,806 | -€180,512 | -7.9% |
| Tangible fixed assets | 22/27 | €2,265,493 | €2,072,981 | -€192,512 | -8.5% |
| Land and buildings | 22 | €1,775,606 | €1,650,805 | -€124,802 | -7.0% |
| Plant, machinery and equipment | 23 | €83,075 | €49,914 | -€33,161 | -39.9% |
| Furniture and vehicles | 24 | €13,717 | €8,337 | -€5,380 | -39.2% |
| Leasing and similar rights | 25 | €57,315 | €33,862 | -€23,453 | -40.9% |
| Other tangible fixed assets | 26 | €335,780 | €330,063 | -€5,717 | -1.7% |
| Financial fixed assets | 28 | €20,825 | €32,825 | +€12,000 | +57.6% |
| Current assets | 29/58 | €786,620 | €628,541 | -€158,079 | -20.1% |
| Stocks and contracts in progress | 3 | €540,000 | €260,653 | -€279,348 | -51.7% |
| Stocks | 30/36 | €540,000 | €260,653 | -€279,348 | -51.7% |
| Amounts receivable within one year | 40/41 | €92,206 | €258,025 | +€165,819 | +179.8% |
| Trade receivables | 40 | €3,132 | €162,197 | +€159,065 | +5078.3% |
| Other amounts receivable | 41 | €89,073 | €95,827 | +€6,754 | +7.6% |
| Cash at bank and in hand | 54/58 | €151,738 | €106,064 | -€45,674 | -30.1% |
| Deferred charges and accrued income | 490/1 | €2,677 | €3,800 | +€1,123 | +41.9% |
| Total equity and liabilities | 10/49 | €3,072,938 | €2,734,346 | -€338,592 | -11.0% |
| Equity | 10/15 | -€128,422 | -€710,739 | -€582,316 | -453.4% |
| Contributions | 10/11 | €511,000 | €511,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€639,422 | -€1,221,739 | -€582,316 | -91.1% |
| Amounts payable | 17/49 | €3,201,360 | €3,445,085 | +€243,725 | +7.6% |
| Amounts payable after more than one year | 17 | €1,098,616 | €971,327 | -€127,288 | -11.6% |
| Financial debts | 170/4 | €1,098,616 | €971,327 | -€127,288 | -11.6% |
| Amounts payable within one year | 42/48 | €2,102,745 | €2,473,758 | +€371,013 | +17.6% |
| Current portion of amounts payable after more than one year | 42 | €132,148 | €126,104 | -€6,044 | -4.6% |
| Financial debts | 43 | €45,107 | €49,430 | +€4,323 | +9.6% |
| Credit institutions | 430/8 | €45,107 | €49,430 | +€4,323 | +9.6% |
| Trade debts | 44 | €1,134,148 | €737,430 | -€396,718 | -35.0% |
| Suppliers | 440/4 | €1,134,148 | €737,430 | -€396,718 | -35.0% |
| Taxes, remuneration and social security | 45 | €37,339 | €243,233 | +€205,894 | +551.4% |
| Taxes | 450/3 | €996 | €114,659 | +€113,664 | +11417.5% |
| Remuneration and social security | 454/9 | €36,344 | €128,574 | +€92,230 | +253.8% |
| Other amounts payable | 47/48 | €754,002 | €1,317,561 | +€563,559 | +74.7% |
| Remuneration, social security and pensions | 62 | €435,257 | €446,926 | +€11,670 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €229,624 | €233,144 | +€3,520 | +1.5% |
| Other operating charges | 640/8 | €4,660 | €115,607 | +€110,947 | +2380.6% |
| Non-recurring operating charges | 66A | €275,000 | €156,391 | -€118,609 | -43.1% |
| Gross operating margin | 9900 | €535,672 | €366,561 | -€169,111 | -31.6% |
| Operating profit (loss) | 9901 | -€408,869 | -€585,507 | -€176,638 | -43.2% |
| Financial income | 75/76B | €2 | €38,873 | +€38,871 | +1886921.8% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100.0% |
| Non-recurring financial income | 76B | - | €38,873 | +€38,873 | |
| Financial charges | 65/66B | €36,843 | €34,802 | -€2,042 | -5.5% |
| Recurring financial charges | 65 | €36,843 | €34,802 | -€2,042 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | -€445,710 | -€581,436 | -€135,726 | -30.5% |
| Income taxes | 67/77 | €959 | €880 | -€78 | -8.2% |
| Profit (loss) for the period | 9904 | -€446,669 | -€582,316 | -€135,647 | -30.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€446,669 | -€582,316 | -€135,647 | -30.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2023 and 31 August 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.