AWMS: 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.
AWMS
Largest movements
- Receivables within one year -€88,257
down €88,257 (-38.7%), from €228,088 to €139,831
of which Trade receivables: -€116,023
- Cash +€11,149
up €11,149 (+9.9%), from €112,052 to €123,201
mainly Net result for the year (+€141,720) and Receivables within one year (+€88,257)
- Other debts -€75,200
down €75,200 (-34.7%), from €217,000 to €141,800
- Gross operating margin -€103,250
down €103,250 (-31.5%), from €328,161 to €224,912
- Taxes -€39,818
down €39,818 (-48.4%), from €82,222 to €42,404
- Financial income -€21,639
down €21,639 (-99.7%), from €21,698 to €58
- Financial charges -€12,088
down €12,088 (-70.9%), from €17,049 to €4,961
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 | €349,411 | €273,372 | -€76,039 | -21.8% |
| Fixed assets | 21/28 | €2,410 | €2,636 | +€226 | +9.4% |
| Tangible fixed assets | 22/27 | €2,410 | €2,636 | +€226 | +9.4% |
| Furniture and vehicles | 24 | €2,410 | €2,636 | +€226 | +9.4% |
| Current assets | 29/58 | €347,001 | €270,736 | -€76,265 | -22.0% |
| Amounts receivable within one year | 40/41 | €228,088 | €139,831 | -€88,257 | -38.7% |
| Trade receivables | 40 | €226,407 | €110,384 | -€116,023 | -51.2% |
| Other amounts receivable | 41 | €1,681 | €29,447 | +€27,766 | +1651.7% |
| Cash at bank and in hand | 54/58 | €112,052 | €123,201 | +€11,149 | +9.9% |
| Deferred charges and accrued income | 490/1 | €6,862 | €7,705 | +€843 | +12.3% |
| Total equity and liabilities | 10/49 | €349,411 | €273,372 | -€76,039 | -21.8% |
| Equity | 10/15 | €18,727 | €18,648 | -€80 | -0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127 | €48 | -€80 | -62.6% |
| Amounts payable | 17/49 | €330,684 | €254,724 | -€75,959 | -23.0% |
| Amounts payable within one year | 42/48 | €330,684 | €254,724 | -€75,959 | -23.0% |
| Trade debts | 44 | €4,057 | €3,276 | -€781 | -19.3% |
| Suppliers | 440/4 | €4,057 | €3,276 | -€781 | -19.3% |
| Taxes, remuneration and social security | 45 | €109,627 | €109,648 | +€22 | 0.0% |
| Taxes | 450/3 | €102,186 | €101,843 | -€343 | -0.3% |
| Remuneration and social security | 454/9 | €7,441 | €7,806 | +€365 | +4.9% |
| Other amounts payable | 47/48 | €217,000 | €141,800 | -€75,200 | -34.7% |
| Remuneration, social security and pensions | 62 | €31,581 | €32,683 | +€1,102 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €963 | €1,198 | +€235 | +24.4% |
| Other operating charges | 640/8 | €1,274 | €2,004 | +€730 | +57.3% |
| Gross operating margin | 9900 | €328,161 | €224,912 | -€103,250 | -31.5% |
| Operating profit (loss) | 9901 | €294,344 | €189,027 | -€105,317 | -35.8% |
| Financial income | 75/76B | €21,698 | €58 | -€21,639 | -99.7% |
| Recurring financial income | 75 | €21,698 | €58 | -€21,639 | -99.7% |
| Financial charges | 65/66B | €17,049 | €4,961 | -€12,088 | -70.9% |
| Recurring financial charges | 65 | €17,049 | €4,961 | -€12,088 | -70.9% |
| Profit (loss) for the period before taxes | 9903 | €298,993 | €184,124 | -€114,868 | -38.4% |
| Income taxes | 67/77 | €82,222 | €42,404 | -€39,818 | -48.4% |
| Profit (loss) for the period | 9904 | €216,771 | €141,720 | -€75,050 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €216,771 | €141,720 | -€75,050 | -34.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.