AMI Construct: what changed
Two financial 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.
AMI Construct
Largest movements
- Tangible fixed assets +€241,158
up €241,158 (+7,542%), from €3,198 to €244,355
of which Other tangible fixed assets: +€238,702
- Cash -€25,265
down €25,265 (-55.1%), from €45,844 to €20,579
mainly Investment in fixed assets (net) (-€245,180) and Net result for the year (-€35,434)
- Receivables within one year +€12,373
up €12,373 (+24.5%), from €50,426 to €62,799
of which Other amounts receivable: +€22,377
- Debts after one year +€259,897
new in 2025: €259,897
- Profit (loss) carried forward -€38,700
down €38,700, from €1,002 to -€37,697
- Current portion of long-term debt +€20,581
new in 2025: €20,581
- Tax, wage and social debts -€18,413
down €18,413 (-87.7%), from €20,999 to €2,585
of which Taxes: -€18,413
- Trade debts +€15,631
up €15,631 (+366%), from €4,269 to €19,901
- Gross operating margin -€49,520
down €49,520 (-96.8%), from €51,178 to €1,658
- Other operating charges +€34,095
up €34,095 (+4,253%), from €802 to €34,897
- Taxes -€22,689
down €22,689, from €17,837 to -€4,852
- Financial charges +€3,004
up €3,004 (+767%), from €391 to €3,395
- Depreciation +€2,410
up €2,410 (+150%), from €1,612 to €4,022
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.
Derived cash bridge
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 | €99,573 | €328,287 | +€228,714 | +230% |
| Fixed assets | 21/28 | €3,304 | €244,462 | +€241,158 | +7,300% |
| Tangible fixed assets | 22/27 | €3,198 | €244,355 | +€241,158 | +7,542% |
| Land and buildings | 22 | - | €4,068 | +€4,068 | |
| Furniture and vehicles | 24 | €3,198 | €1,586 | -€1,612 | -50.4% |
| Other tangible fixed assets | 26 | - | €238,702 | +€238,702 | |
| Financial fixed assets | 28 | €106 | €106 | = | 0.0% |
| Current assets | 29/58 | €96,270 | €83,825 | -€12,444 | -12.9% |
| Amounts receivable within one year | 40/41 | €50,426 | €62,799 | +€12,373 | +24.5% |
| Trade receivables | 40 | €45,125 | €35,122 | -€10,003 | -22.2% |
| Other amounts receivable | 41 | €5,300 | €27,677 | +€22,377 | +422% |
| Cash at bank and in hand | 54/58 | €45,844 | €20,579 | -€25,265 | -55.1% |
| Deferred charges and accrued income | 490/1 | - | €448 | +€448 | |
| Total equity and liabilities | 10/49 | €99,573 | €328,287 | +€228,714 | +230% |
| Equity | 10/15 | €62,902 | €24,203 | -€38,700 | -61.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €57,900 | €57,900 | = | 0.0% |
| Distributable reserves | 133 | €57,900 | €57,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,002 | -€37,697 | -€38,700 | |
| Amounts payable | 17/49 | €36,671 | €304,084 | +€267,413 | +729% |
| Amounts payable after more than one year | 17 | - | €259,897 | +€259,897 | |
| Financial debts | 170/4 | - | €259,897 | +€259,897 | |
| Amounts payable within one year | 42/48 | €36,671 | €44,187 | +€7,516 | +20.5% |
| Current portion of amounts payable after more than one year | 42 | - | €20,581 | +€20,581 | |
| Trade debts | 44 | €4,269 | €19,901 | +€15,631 | +366% |
| Suppliers | 440/4 | €4,269 | €19,901 | +€15,631 | +366% |
| Taxes, remuneration and social security | 45 | €20,999 | €2,585 | -€18,413 | -87.7% |
| Taxes | 450/3 | €18,985 | €572 | -€18,413 | -97.0% |
| Remuneration and social security | 454/9 | €2,014 | €2,014 | = | 0.0% |
| Other amounts payable | 47/48 | €11,403 | €1,120 | -€10,283 | -90.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,612 | €4,022 | +€2,410 | +150% |
| Other operating charges | 640/8 | €802 | €34,897 | +€34,095 | +4,253% |
| Gross operating margin | 9900 | €51,178 | €1,658 | -€49,520 | -96.8% |
| Operating profit (loss) | 9901 | €48,764 | -€37,261 | -€86,025 | |
| Financial income | 75/76B | €25 | €370 | +€345 | +1,384% |
| Recurring financial income | 75 | €25 | €370 | +€345 | +1,384% |
| Financial charges | 65/66B | €391 | €3,395 | +€3,004 | +767% |
| Recurring financial charges | 65 | €391 | €3,395 | +€3,004 | +767% |
| Profit (loss) for the period before taxes | 9903 | €48,398 | -€40,286 | -€88,684 | |
| Income taxes | 67/77 | €17,837 | -€4,852 | -€22,689 | |
| Profit (loss) for the period | 9904 | €30,561 | -€35,434 | -€65,994 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,561 | -€35,434 | -€65,994 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.