A.G DISTRIBUTION: 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.G DISTRIBUTION
Largest movements
- Receivables within one year +€16,084
up €16,084 (+101.4%), from €15,859 to €31,942
- Cash -€6,336
down €6,336 (-9.4%), from €67,211 to €60,875
mainly Receivables within one year (-€16,084) and Stocks and contracts (-€5,549)
- Stocks and contracts +€5,549
up €5,549 (+10.7%), from €51,790 to €57,339
- Tangible fixed assets +€3,214
up €3,214 (+270.3%), from €1,189 to €4,403
of which Furniture and vehicles: +€3,320
- Reserves +€15,000
up €15,000 (+22.4%), from €67,000 to €82,000
- Tax, wage and social debts +€8,155
up €8,155 (+148.0%), from €5,511 to €13,666
- Other debts -€1,675
down €1,675 (-34.3%), from €4,887 to €3,212
- Gross operating margin +€13,066
up €13,066 (+138.2%), from €9,452 to €22,518
- Taxes +€3,773
up €3,773 (+175.7%), from €2,148 to €5,922
- Depreciation -€1,290
down €1,290 (-64.5%), from €2,001 to €711
- Other operating charges +€1,219
up €1,219 (+603.7%), from €202 to €1,421
- Financial charges -€381
down €381 (-55.6%), from €685 to €304
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 | €137,629 | €157,044 | +€19,415 | +14.1% |
| Fixed assets | 21/28 | €1,689 | €4,903 | +€3,214 | +190.3% |
| Tangible fixed assets | 22/27 | €1,189 | €4,403 | +€3,214 | +270.3% |
| Plant, machinery and equipment | 23 | €1,144 | €1,038 | -€106 | -9.3% |
| Furniture and vehicles | 24 | €45 | €3,365 | +€3,320 | +7408.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €135,940 | €152,141 | +€16,201 | +11.9% |
| Stocks and contracts in progress | 3 | €51,790 | €57,339 | +€5,549 | +10.7% |
| Stocks | 30/36 | €51,790 | €57,339 | +€5,549 | +10.7% |
| Amounts receivable within one year | 40/41 | €15,859 | €31,942 | +€16,084 | +101.4% |
| Trade receivables | 40 | €15,859 | €31,942 | +€16,084 | +101.4% |
| Cash at bank and in hand | 54/58 | €67,211 | €60,875 | -€6,336 | -9.4% |
| Deferred charges and accrued income | 490/1 | €1,080 | €1,984 | +€904 | +83.7% |
| Total equity and liabilities | 10/49 | €137,629 | €157,044 | +€19,415 | +14.1% |
| Equity | 10/15 | €118,527 | €132,688 | +€14,161 | +11.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €67,000 | €82,000 | +€15,000 | +22.4% |
| Non-distributable reserves | 130/1 | €67,000 | €82,000 | +€15,000 | +22.4% |
| Reserves not available under the articles | 1311 | €67,000 | €82,000 | +€15,000 | +22.4% |
| Profit (loss) carried forward | 14 | €1,527 | €688 | -€839 | -54.9% |
| Amounts payable | 17/49 | €19,102 | €24,356 | +€5,254 | +27.5% |
| Amounts payable within one year | 42/48 | €19,102 | €24,356 | +€5,254 | +27.5% |
| Trade debts | 44 | €8,703 | €7,478 | -€1,226 | -14.1% |
| Suppliers | 440/4 | €8,703 | €7,478 | -€1,226 | -14.1% |
| Taxes, remuneration and social security | 45 | €5,511 | €13,666 | +€8,155 | +148.0% |
| Taxes | 450/3 | €5,511 | €13,666 | +€8,155 | +148.0% |
| Other amounts payable | 47/48 | €4,887 | €3,212 | -€1,675 | -34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,001 | €711 | -€1,290 | -64.5% |
| Other operating charges | 640/8 | €202 | €1,421 | +€1,219 | +603.7% |
| Gross operating margin | 9900 | €9,452 | €22,518 | +€13,066 | +138.2% |
| Operating profit (loss) | 9901 | €7,249 | €20,386 | +€13,137 | +181.2% |
| Financial income | 75/76B | €160 | - | -€160 | |
| Recurring financial income | 75 | €160 | - | -€160 | |
| Financial charges | 65/66B | €685 | €304 | -€381 | -55.6% |
| Recurring financial charges | 65 | €685 | €304 | -€381 | -55.6% |
| Profit (loss) for the period before taxes | 9903 | €6,725 | €20,083 | +€13,358 | +198.6% |
| Income taxes | 67/77 | €2,148 | €5,922 | +€3,773 | +175.7% |
| Profit (loss) for the period | 9904 | €4,577 | €14,161 | +€9,585 | +209.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,577 | €14,161 | +€9,585 | +209.4% |
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 5 October 2026 via checked.be.