A.G.B.A.: what changed
What changed
A.G.B.A.
NACE 47.120, Other non-specialised retail sale
filed annual accounts (NBB)
Net result for the year
-€17,116
2024 · -€56,315+€39,199
Equity
€1.2m
2024 · €1.2m-€17,116
Cash
€137,910
2024 · €379,769-€241,859
Balance sheet total
€3.2m
2024 · €3.6m-€467,964
Largest movements
Assets
- Cash -€241,859
down €241,859 (-63.7%), from €379,769 to €137,910
mainly Trade debts (-€239,282) and Debts after one year (-€172,228)
- Receivables within one year -€100,466
down €100,466 (-8.5%), from €1.2m to €1.1m
of which Trade receivables: -€175,968
- Tangible fixed assets -€96,348
down €96,348 (-6.8%), from €1.4m to €1.3m
of which Plant, machinery and equipment: -€48,591
Equity and liabilities
- Trade debts -€239,282
down €239,282 (-22.9%), from €1.0m to €805,527
- Debts after one year -€172,228
down €172,228 (-17.7%), from €972,571 to €800,343
Income statement
- Gross operating margin +€22,550
up €22,550 (+1.8%), from €1.3m to €1.3m
- Depreciation -€22,093
down €22,093 (-9.3%), from €238,527 to €216,434
- Financial charges +€16,364
up €16,364 (+38.0%), from €43,049 to €59,413
- Staff costs -€15,873
down €15,873 (-1.5%), from €1.0m to €1.0m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€56,315
Gross operating margin
+€22,550
Staff costs
+€15,873
Depreciation
+€22,093
Other operating charges
+€1,131
Other operating items
-€4,865
Financial income
-€1,165
Financial charges
-€16,364
Taxes
-€53
Result 2025
-€17,116
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€85,701
Investment
-€120,086
Financing
-€207,475
Cash 2024
€379,769
From operations (derived)
+€85,701
Net result for the year
-€17,116
Depreciation
+€216,434
Stocks and contracts
+€28,783
Receivables within one year
+€100,466
Deferred charges and accrued income
+€507
Trade debts
-€239,282
Tax, wage and social debts
+€2,626
Other debts
-€5,237
Accrued charges and deferred income
-€1,480
Investment (derived)
-€120,086
Investment in fixed assets (net)
-€120,086
Current investments
+€0
Financing
-€207,475
Debts after one year
-€172,228
Current portion of long-term debt
-€35,246
Contributions, distributions and other
-€0
Cash 2025
€137,910
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,619,640 | €3,151,676 | -€467,964 | -12.9% |
| Fixed assets | 21/28 | €1,420,645 | €1,324,297 | -€96,348 | -6.8% |
| Tangible fixed assets | 22/27 | €1,419,345 | €1,322,997 | -€96,348 | -6.8% |
| Land and buildings | 22 | €204,449 | €180,704 | -€23,745 | -11.6% |
| Plant, machinery and equipment | 23 | €1,037,053 | €988,462 | -€48,591 | -4.7% |
| Furniture and vehicles | 24 | €52,184 | €36,133 | -€16,051 | -30.8% |
| Other tangible fixed assets | 26 | €125,659 | €117,698 | -€7,961 | -6.3% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €2,198,995 | €1,827,379 | -€371,616 | -16.9% |
| Stocks and contracts in progress | 3 | €534,938 | €506,155 | -€28,783 | -5.4% |
| Stocks | 30/36 | €534,938 | €506,155 | -€28,783 | -5.4% |
| Amounts receivable within one year | 40/41 | €1,175,237 | €1,074,771 | -€100,466 | -8.5% |
| Trade receivables | 40 | €249,432 | €73,464 | -€175,968 | -70.5% |
| Other amounts receivable | 41 | €925,805 | €1,001,307 | +€75,502 | +8.2% |
| Current investments | 50/53 | €93,686 | €93,686 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €379,769 | €137,910 | -€241,859 | -63.7% |
| Deferred charges and accrued income | 490/1 | €15,365 | €14,858 | -€507 | -3.3% |
| Total equity and liabilities | 10/49 | €3,619,640 | €3,151,676 | -€467,964 | -12.9% |
| Equity | 10/15 | €1,223,246 | €1,206,130 | -€17,116 | -1.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €552,660 | €552,660 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €508,960 | €508,960 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €608,586 | €591,470 | -€17,116 | -2.8% |
| Amounts payable | 17/49 | €2,396,394 | €1,945,546 | -€450,848 | -18.8% |
| Amounts payable after more than one year | 17 | €972,571 | €800,343 | -€172,228 | -17.7% |
| Financial debts | 170/4 | €972,571 | €800,343 | -€172,228 | -17.7% |
| Amounts payable within one year | 42/48 | €1,399,282 | €1,122,142 | -€277,140 | -19.8% |
| Current portion of amounts payable after more than one year | 42 | €182,475 | €147,229 | -€35,246 | -19.3% |
| Trade debts | 44 | €1,044,809 | €805,527 | -€239,282 | -22.9% |
| Suppliers | 440/4 | €1,044,809 | €805,527 | -€239,282 | -22.9% |
| Taxes, remuneration and social security | 45 | €155,287 | €157,913 | +€2,626 | +1.7% |
| Taxes | 450/3 | €488 | €11,133 | +€10,645 | +2,181% |
| Remuneration and social security | 454/9 | €154,799 | €146,780 | -€8,019 | -5.2% |
| Other amounts payable | 47/48 | €16,711 | €11,474 | -€5,237 | -31.3% |
| Accrued charges and deferred income | 492/3 | €24,541 | €23,061 | -€1,480 | -6.0% |
| Remuneration, social security and pensions | 62 | €1,031,841 | €1,015,968 | -€15,873 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €238,527 | €216,434 | -€22,093 | -9.3% |
| Other operating charges | 640/8 | €30,230 | €29,099 | -€1,131 | -3.7% |
| Non-recurring operating charges | 66A | €45 | €4,910 | +€4,865 | +10,812% |
| Gross operating margin | 9900 | €1,284,677 | €1,307,227 | +€22,550 | +1.8% |
| Operating profit (loss) | 9901 | -€15,966 | €40,815 | +€56,781 | |
| Financial income | 75/76B | €3,598 | €2,433 | -€1,165 | -32.4% |
| Recurring financial income | 75 | €3,598 | €2,433 | -€1,165 | -32.4% |
| Financial charges | 65/66B | €43,049 | €59,413 | +€16,364 | +38.0% |
| Recurring financial charges | 65 | €43,049 | €59,413 | +€16,364 | +38.0% |
| Profit (loss) for the period before taxes | 9903 | -€55,417 | -€16,165 | +€39,252 | +70.8% |
| Income taxes | 67/77 | €898 | €951 | +€53 | +5.9% |
| Profit (loss) for the period | 9904 | -€56,315 | -€17,116 | +€39,199 | +69.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,315 | -€17,116 | +€39,199 | +69.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.