GROUP AMS: 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.
GROUP AMS
Largest movements
- Cash +€575,246
up €575,246 (+130.4%), from €441,200 to €1.0m
mainly Receivables within one year (+€462,732) and Tax, wage and social debts (+€398,650)
- Receivables within one year -€462,732
down €462,732 (-35.1%), from €1.3m to €855,340
of which Trade receivables: -€372,514
- Tangible fixed assets +€29,315
up €29,315 (+12.1%), from €242,433 to €271,749
of which Furniture and vehicles: +€43,157
- Tax, wage and social debts +€398,650
up €398,650 (+28.7%), from €1.4m to €1.8m
of which Remuneration and social security: +€207,426
- Other debts -€300,000
down €300,000 (-99.1%), from €302,649 to €2,649
- Profit (loss) carried forward +€27,236
up €27,236 (+56.2%), from €48,469 to €75,705
- Staff costs +€636,167
up €636,167 (+18.1%), from €3.5m to €4.1m
- Gross operating margin +€344,936
up €344,936 (+8.7%), from €4.0m to €4.3m
- Taxes -€85,363
down €85,363 (-89.2%), from €95,734 to €10,371
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 | €2,127,474 | €2,260,495 | +€133,021 | +6.3% |
| Fixed assets | 21/28 | €349,328 | €378,644 | +€29,315 | +8.4% |
| Tangible fixed assets | 22/27 | €242,433 | €271,749 | +€29,315 | +12.1% |
| Plant, machinery and equipment | 23 | €45,111 | €44,111 | -€1,001 | -2.2% |
| Furniture and vehicles | 24 | €80,119 | €123,276 | +€43,157 | +53.9% |
| Other tangible fixed assets | 26 | €117,203 | €104,362 | -€12,841 | -11.0% |
| Financial fixed assets | 28 | €106,895 | €106,895 | = | 0.0% |
| Current assets | 29/58 | €1,778,146 | €1,881,852 | +€103,706 | +5.8% |
| Stocks and contracts in progress | 3 | €10,000 | - | -€10,000 | |
| Stocks | 30/36 | €10,000 | - | -€10,000 | |
| Amounts receivable within one year | 40/41 | €1,318,072 | €855,340 | -€462,732 | -35.1% |
| Trade receivables | 40 | €806,633 | €434,118 | -€372,514 | -46.2% |
| Other amounts receivable | 41 | €511,439 | €421,222 | -€90,217 | -17.6% |
| Cash at bank and in hand | 54/58 | €441,200 | €1,016,446 | +€575,246 | +130.4% |
| Deferred charges and accrued income | 490/1 | €8,874 | €10,066 | +€1,191 | +13.4% |
| Total equity and liabilities | 10/49 | €2,127,474 | €2,260,495 | +€133,021 | +6.3% |
| Equity | 10/15 | €63,469 | €90,705 | +€27,236 | +42.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,469 | €75,705 | +€27,236 | +56.2% |
| Amounts payable | 17/49 | €2,064,006 | €2,169,791 | +€105,785 | +5.1% |
| Amounts payable within one year | 42/48 | €2,064,006 | €2,169,791 | +€105,785 | +5.1% |
| Trade debts | 44 | €370,879 | €378,014 | +€7,135 | +1.9% |
| Suppliers | 440/4 | €370,879 | €378,014 | +€7,135 | +1.9% |
| Taxes, remuneration and social security | 45 | €1,390,478 | €1,789,128 | +€398,650 | +28.7% |
| Taxes | 450/3 | €513,186 | €704,410 | +€191,224 | +37.3% |
| Remuneration and social security | 454/9 | €877,292 | €1,084,718 | +€207,426 | +23.6% |
| Other amounts payable | 47/48 | €302,649 | €2,649 | -€300,000 | -99.1% |
| Non-recurring operating income | 76A | €108,413 | €178,081 | +€69,669 | +64.3% |
| Remuneration, social security and pensions | 62 | €3,506,346 | €4,142,513 | +€636,167 | +18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,241 | €56,093 | -€17,149 | -23.4% |
| Other operating charges | 640/8 | €50,197 | €18,655 | -€31,542 | -62.8% |
| Non-recurring operating charges | 66A | - | €43,398 | +€43,398 | |
| Gross operating margin | 9900 | €3,965,186 | €4,310,122 | +€344,936 | +8.7% |
| Operating profit (loss) | 9901 | €335,401 | €49,465 | -€285,937 | -85.3% |
| Financial income | 75/76B | €13,442 | €26,211 | +€12,769 | +95.0% |
| Recurring financial income | 75 | €13,442 | €26,211 | +€12,769 | +95.0% |
| Financial charges | 65/66B | €9,499 | €38,069 | +€28,569 | +300.7% |
| Recurring financial charges | 65 | €9,499 | €38,069 | +€28,569 | +300.7% |
| Profit (loss) for the period before taxes | 9903 | €339,344 | €37,607 | -€301,738 | -88.9% |
| Income taxes | 67/77 | €95,734 | €10,371 | -€85,363 | -89.2% |
| Profit (loss) for the period | 9904 | €243,610 | €27,236 | -€216,374 | -88.8% |
| Profit (loss) for the period to be appropriated | 9905 | €243,610 | €27,236 | -€216,374 | -88.8% |
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 8 October 2026 via checked.be.