A.A.G. &Co: 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.
A.A.G. &Co
Largest movements
- Intangible fixed assets -€26,055
down €26,055 (-10.5%), from €247,521 to €221,466
- Receivables within one year +€8,429
up €8,429 (+107%), from €7,871 to €16,300
of which Other amounts receivable: +€6,426
- Tangible fixed assets -€7,075
down €7,075 (-74.8%), from €9,458 to €2,383
of which Furniture and vehicles: -€5,545
- Profit (loss) carried forward -€31,463
down €31,463 (-19.5%), from €161,253 to €129,790
- Trade debts +€28,028
up €28,028 (+120%), from €23,447 to €51,475
- Current portion of long-term debt -€13,488
down €13,488 (-87.0%), from €15,505 to €2,016
- Short-term financial debts -€4,058
down €4,058 (-81.5%), from €4,978 to €919
- Staff costs +€17,960
up €17,960 (+153%), from €11,700 to €29,661
- Gross operating margin -€13,123
down €13,123 (-26.8%), from €48,973 to €35,850
- Depreciation +€9,357
up €9,357 (+39.4%), from €23,773 to €33,130
- Taxes -€6,793
down €6,793 (-91.6%), from €7,416 to €623
- Financial charges -€1,946
down €1,946 (-61.0%), from €3,192 to €1,246
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 | €272,385 | €250,063 | -€22,322 | -8.2% |
| Fixed assets | 21/28 | €257,642 | €224,512 | -€33,130 | -12.9% |
| Intangible fixed assets | 21 | €247,521 | €221,466 | -€26,055 | -10.5% |
| Tangible fixed assets | 22/27 | €9,458 | €2,383 | -€7,075 | -74.8% |
| Land and buildings | 22 | €861 | €646 | -€215 | -25.0% |
| Plant, machinery and equipment | 23 | €2,252 | €937 | -€1,315 | -58.4% |
| Furniture and vehicles | 24 | €6,345 | €800 | -€5,545 | -87.4% |
| Financial fixed assets | 28 | €663 | €663 | = | 0.0% |
| Current assets | 29/58 | €14,743 | €25,551 | +€10,808 | +73.3% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,871 | €16,300 | +€8,429 | +107% |
| Trade receivables | 40 | €7,497 | €9,500 | +€2,003 | +26.7% |
| Other amounts receivable | 41 | €374 | €6,800 | +€6,426 | +1,720% |
| Cash at bank and in hand | 54/58 | €594 | €3,274 | +€2,680 | +451% |
| Deferred charges and accrued income | 490/1 | €1,279 | €978 | -€302 | -23.6% |
| Total equity and liabilities | 10/49 | €272,385 | €250,063 | -€22,322 | -8.2% |
| Equity | 10/15 | €218,113 | €186,650 | -€31,463 | -14.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,260 | €38,260 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €36,400 | €36,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €161,253 | €129,790 | -€31,463 | -19.5% |
| Amounts payable | 17/49 | €54,273 | €63,413 | +€9,140 | +16.8% |
| Amounts payable after more than one year | 17 | €1,073 | - | -€1,073 | |
| Financial debts | 170/4 | €1,073 | - | -€1,073 | |
| Amounts payable within one year | 42/48 | €53,200 | €63,413 | +€10,213 | +19.2% |
| Current portion of amounts payable after more than one year | 42 | €15,505 | €2,016 | -€13,488 | -87.0% |
| Financial debts | 43 | €4,978 | €919 | -€4,058 | -81.5% |
| Credit institutions | 430/8 | €4,978 | €919 | -€4,058 | -81.5% |
| Trade debts | 44 | €23,447 | €51,475 | +€28,028 | +120% |
| Suppliers | 440/4 | €23,447 | €51,475 | +€28,028 | +120% |
| Taxes, remuneration and social security | 45 | €9,271 | €9,003 | -€268 | -2.9% |
| Taxes | 450/3 | €7,513 | €4,981 | -€2,532 | -33.7% |
| Remuneration and social security | 454/9 | €1,758 | €4,023 | +€2,264 | +129% |
| Remuneration, social security and pensions | 62 | €11,700 | €29,661 | +€17,960 | +153% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,773 | €33,130 | +€9,357 | +39.4% |
| Other operating charges | 640/8 | €1,573 | €2,652 | +€1,080 | +68.6% |
| Gross operating margin | 9900 | €48,973 | €35,850 | -€13,123 | -26.8% |
| Operating profit (loss) | 9901 | €11,927 | -€29,593 | -€41,520 | |
| Financial income | 75/76B | €150 | €0 | -€150 | -100.0% |
| Recurring financial income | 75 | €150 | €0 | -€150 | -100.0% |
| Financial charges | 65/66B | €3,192 | €1,246 | -€1,946 | -61.0% |
| Recurring financial charges | 65 | €3,192 | €1,246 | -€1,946 | -61.0% |
| Profit (loss) for the period before taxes | 9903 | €8,884 | -€30,840 | -€39,724 | |
| Income taxes | 67/77 | €7,416 | €623 | -€6,793 | -91.6% |
| Profit (loss) for the period | 9904 | €1,468 | -€31,463 | -€32,931 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,468 | -€31,463 | -€32,931 |
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 19 October 2026 via checked.be.