A.M. GESTION: 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.
A.M. GESTION
Largest movements
- Cash +€40,161
up €40,161 (+106.6%), from €37,657 to €77,819
mainly Net result for the year (+€71,524) and Tax, wage and social debts (+€22,338)
- Receivables within one year +€12,100
up €12,100 (+465384.6%), from €3 to €12,103
of which Trade receivables: +€12,100
- Tangible fixed assets +€5,694
new in 2025: €5,694
- Profit (loss) carried forward +€71,524
up €71,524 (+109.3%), from €65,414 to €136,938
- Debts after one year -€27,409
down €27,409 (-19.8%), from €138,344 to €110,935
- Tax, wage and social debts +€22,338
up €22,338 (+166.6%), from €13,412 to €35,750
- Other debts -€7,076
down €7,076 (-78.8%), from €8,975 to €1,899
- Gross operating margin +€27,979
up €27,979 (+35.2%), from €79,536 to €107,514
- Taxes +€6,895
up €6,895 (+34.5%), from €20,000 to €26,895
- Other operating charges -€2,107
down €2,107 (-59.7%), from €3,530 to €1,424
- Depreciation +€1,157
new in 2025: €1,157
- Financial charges -€1,107
down €1,107 (-14.5%), from €7,622 to €6,515
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 | €257,971 | €317,254 | +€59,283 | +23.0% |
| Fixed assets | 21/28 | €220,000 | €225,694 | +€5,694 | +2.6% |
| Tangible fixed assets | 22/27 | - | €5,694 | +€5,694 | |
| Furniture and vehicles | 24 | - | €5,694 | +€5,694 | |
| Financial fixed assets | 28 | €220,000 | €220,000 | = | 0.0% |
| Current assets | 29/58 | €37,971 | €91,560 | +€53,589 | +141.1% |
| Amounts receivable within one year | 40/41 | €3 | €12,103 | +€12,100 | +465384.6% |
| Trade receivables | 40 | - | €12,100 | +€12,100 | |
| Other amounts receivable | 41 | €3 | €3 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €37,657 | €77,819 | +€40,161 | +106.6% |
| Deferred charges and accrued income | 490/1 | €311 | €1,639 | +€1,328 | +427.6% |
| Total equity and liabilities | 10/49 | €257,971 | €317,254 | +€59,283 | +23.0% |
| Equity | 10/15 | €68,414 | €139,938 | +€71,524 | +104.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,414 | €136,938 | +€71,524 | +109.3% |
| Amounts payable | 17/49 | €189,557 | €177,316 | -€12,240 | -6.5% |
| Amounts payable after more than one year | 17 | €138,344 | €110,935 | -€27,409 | -19.8% |
| Financial debts | 170/4 | €138,344 | €110,935 | -€27,409 | -19.8% |
| Amounts payable within one year | 42/48 | €51,212 | €66,381 | +€15,169 | +29.6% |
| Current portion of amounts payable after more than one year | 42 | €26,283 | €27,409 | +€1,126 | +4.3% |
| Trade debts | 44 | €2,543 | €1,324 | -€1,219 | -47.9% |
| Suppliers | 440/4 | €2,543 | €1,324 | -€1,219 | -47.9% |
| Taxes, remuneration and social security | 45 | €13,412 | €35,750 | +€22,338 | +166.6% |
| Taxes | 450/3 | €13,412 | €35,750 | +€22,338 | +166.6% |
| Other amounts payable | 47/48 | €8,975 | €1,899 | -€7,076 | -78.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,157 | +€1,157 | |
| Other operating charges | 640/8 | €3,530 | €1,424 | -€2,107 | -59.7% |
| Gross operating margin | 9900 | €79,536 | €107,514 | +€27,979 | +35.2% |
| Operating profit (loss) | 9901 | €76,005 | €104,933 | +€28,928 | +38.1% |
| Financial charges | 65/66B | €7,622 | €6,515 | -€1,107 | -14.5% |
| Recurring financial charges | 65 | €7,622 | €6,515 | -€1,107 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €68,383 | €98,418 | +€30,035 | +43.9% |
| Income taxes | 67/77 | €20,000 | €26,895 | +€6,895 | +34.5% |
| Profit (loss) for the period | 9904 | €48,383 | €71,524 | +€23,140 | +47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €48,383 | €71,524 | +€23,140 | +47.8% |
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 7 October 2026 via checked.be.