AM Design: 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.
AM Design
Largest movements
- Stocks and contracts +€56,619
up €56,619 (+86.3%), from €65,631 to €122,250
- Tangible fixed assets -€29,579
down €29,579 (-20.3%), from €145,462 to €115,884
- Receivables within one year -€28,912
down €28,912 (-20.4%), from €141,655 to €112,744
of which Trade receivables: -€41,707
- Cash -€17,713
down €17,713 (-69.8%), from €25,381 to €7,669
mainly Stocks and contracts (-€56,619) and Debts after one year (-€28,800)
- Debts after one year -€28,800
down €28,800 (-21.5%), from €133,856 to €105,057
- Tax, wage and social debts -€15,537
down €15,537 (-27.3%), from €56,967 to €41,430
of which Remuneration and social security: -€8,780
- Current portion of long-term debt +€10,073
up €10,073 (+42.5%), from €23,727 to €33,800
- Trade debts +€9,277
up €9,277 (+6.9%), from €135,243 to €144,520
- Profit (loss) carried forward +€5,402
up €5,402 (+52.2%), from €10,343 to €15,745
- Gross operating margin -€60,282
down €60,282 (-32.3%), from €186,561 to €126,279
- Staff costs -€44,078
down €44,078 (-36.8%), from €119,781 to €75,703
- Other operating charges -€9,689
down €9,689 (-47.8%), from €20,282 to €10,593
- Depreciation +€6,005
up €6,005 (+25.5%), from €23,573 to €29,579
- Financial income +€4,255
up €4,255 (+97.8%), from €4,353 to €8,608
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.
Derived cash bridge
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 | €380,136 | €360,551 | -€19,584 | -5.2% |
| Fixed assets | 21/28 | €147,468 | €117,889 | -€29,579 | -20.1% |
| Tangible fixed assets | 22/27 | €145,462 | €115,884 | -€29,579 | -20.3% |
| Land and buildings | 22 | €53,905 | €47,982 | -€5,922 | -11.0% |
| Plant, machinery and equipment | 23 | €4,870 | €3,715 | -€1,155 | -23.7% |
| Furniture and vehicles | 24 | €29,861 | €20,728 | -€9,134 | -30.6% |
| Other tangible fixed assets | 26 | €56,827 | €43,459 | -€13,368 | -23.5% |
| Financial fixed assets | 28 | €2,005 | €2,005 | = | 0.0% |
| Current assets | 29/58 | €232,668 | €242,662 | +€9,994 | +4.3% |
| Stocks and contracts in progress | 3 | €65,631 | €122,250 | +€56,619 | +86.3% |
| Stocks | 30/36 | €65,631 | €122,250 | +€56,619 | +86.3% |
| Amounts receivable within one year | 40/41 | €141,655 | €112,744 | -€28,912 | -20.4% |
| Trade receivables | 40 | €140,148 | €98,441 | -€41,707 | -29.8% |
| Other amounts receivable | 41 | €1,507 | €14,303 | +€12,795 | +849% |
| Cash at bank and in hand | 54/58 | €25,381 | €7,669 | -€17,713 | -69.8% |
| Total equity and liabilities | 10/49 | €380,136 | €360,551 | -€19,584 | -5.2% |
| Equity | 10/15 | €30,343 | €35,745 | +€5,402 | +17.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,343 | €15,745 | +€5,402 | +52.2% |
| Amounts payable | 17/49 | €349,793 | €324,807 | -€24,986 | -7.1% |
| Amounts payable after more than one year | 17 | €133,856 | €105,057 | -€28,800 | -21.5% |
| Financial debts | 170/4 | €133,856 | €105,057 | -€28,800 | -21.5% |
| Amounts payable within one year | 42/48 | €215,937 | €219,750 | +€3,813 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €23,727 | €33,800 | +€10,073 | +42.5% |
| Trade debts | 44 | €135,243 | €144,520 | +€9,277 | +6.9% |
| Suppliers | 440/4 | €135,243 | €144,520 | +€9,277 | +6.9% |
| Taxes, remuneration and social security | 45 | €56,967 | €41,430 | -€15,537 | -27.3% |
| Taxes | 450/3 | €38,356 | €31,600 | -€6,756 | -17.6% |
| Remuneration and social security | 454/9 | €18,611 | €9,831 | -€8,780 | -47.2% |
| Remuneration, social security and pensions | 62 | €119,781 | €75,703 | -€44,078 | -36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,573 | €29,579 | +€6,005 | +25.5% |
| Other operating charges | 640/8 | €20,282 | €10,593 | -€9,689 | -47.8% |
| Gross operating margin | 9900 | €186,561 | €126,279 | -€60,282 | -32.3% |
| Operating profit (loss) | 9901 | €22,925 | €10,405 | -€12,520 | -54.6% |
| Financial income | 75/76B | €4,353 | €8,608 | +€4,255 | +97.8% |
| Recurring financial income | 75 | €4,353 | €8,608 | +€4,255 | +97.8% |
| Financial charges | 65/66B | €13,549 | €11,555 | -€1,994 | -14.7% |
| Recurring financial charges | 65 | €13,549 | €11,555 | -€1,994 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €13,729 | €7,458 | -€6,271 | -45.7% |
| Income taxes | 67/77 | €3,387 | €2,056 | -€1,331 | -39.3% |
| Profit (loss) for the period | 9904 | €10,343 | €5,402 | -€4,940 | -47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,343 | €5,402 | -€4,940 | -47.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.