A.G.E GROUP: 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.E GROUP
Largest movements
- Receivables within one year +€31,516
up €31,516 (+143.8%), from €21,918 to €53,433
of which Trade receivables: +€22,188
- Cash -€15,862
down €15,862 (-92.0%), from €17,251 to €1,389
mainly Receivables within one year (-€31,516) and Debts after one year (-€8,580)
- Tangible fixed assets -€2,438
down €2,438 (-6.5%), from €37,551 to €35,113
of which Furniture and vehicles: -€1,876
- Deferred charges and accrued income +€1,904
up €1,904 (+648.4%), from €294 to €2,198
- Profit (loss) carried forward +€12,188
up €12,188 (+77.4%), from €15,755 to €27,943
- Trade debts +€8,799
up €8,799 (+236.1%), from €3,726 to €12,525
- Debts after one year -€8,580
down €8,580 (-47.3%), from €18,157 to €9,577
- Tax, wage and social debts +€5,305
up €5,305 (+61.8%), from €8,584 to €13,888
of which Remuneration and social security: +€5,427
- Other debts -€2,211
down €2,211 (-64.5%), from €3,430 to €1,219
- Staff costs +€11,151
up €11,151 (+23.4%), from €47,675 to €58,826
- Taxes -€3,430
down €3,430 (-36.4%), from €9,430 to €6,000
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.
Cash bridge derived
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 | €77,163 | €92,282 | +€15,119 | +19.6% |
| Fixed assets | 21/28 | €37,701 | €35,263 | -€2,438 | -6.5% |
| Tangible fixed assets | 22/27 | €37,551 | €35,113 | -€2,438 | -6.5% |
| Furniture and vehicles | 24 | €35,416 | €33,540 | -€1,876 | -5.3% |
| Other tangible fixed assets | 26 | €2,135 | €1,573 | -€562 | -26.3% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €39,462 | €57,019 | +€17,557 | +44.5% |
| Amounts receivable within one year | 40/41 | €21,918 | €53,433 | +€31,516 | +143.8% |
| Trade receivables | 40 | €16,713 | €38,900 | +€22,188 | +132.8% |
| Other amounts receivable | 41 | €5,205 | €14,533 | +€9,328 | +179.2% |
| Cash at bank and in hand | 54/58 | €17,251 | €1,389 | -€15,862 | -92.0% |
| Deferred charges and accrued income | 490/1 | €294 | €2,198 | +€1,904 | +648.4% |
| Total equity and liabilities | 10/49 | €77,163 | €92,282 | +€15,119 | +19.6% |
| Equity | 10/15 | €34,305 | €46,493 | +€12,188 | +35.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,755 | €27,943 | +€12,188 | +77.4% |
| Amounts payable | 17/49 | €42,858 | €45,789 | +€2,931 | +6.8% |
| Amounts payable after more than one year | 17 | €18,157 | €9,577 | -€8,580 | -47.3% |
| Financial debts | 170/4 | €18,157 | €9,577 | -€8,580 | -47.3% |
| Amounts payable within one year | 42/48 | €24,320 | €36,212 | +€11,892 | +48.9% |
| Current portion of amounts payable after more than one year | 42 | €8,580 | €8,580 | = | 0.0% |
| Trade debts | 44 | €3,726 | €12,525 | +€8,799 | +236.1% |
| Suppliers | 440/4 | €3,726 | €12,525 | +€8,799 | +236.1% |
| Taxes, remuneration and social security | 45 | €8,584 | €13,888 | +€5,305 | +61.8% |
| Taxes | 450/3 | €3,751 | €3,628 | -€122 | -3.3% |
| Remuneration and social security | 454/9 | €4,833 | €10,260 | +€5,427 | +112.3% |
| Other amounts payable | 47/48 | €3,430 | €1,219 | -€2,211 | -64.5% |
| Accrued charges and deferred income | 492/3 | €382 | - | -€382 | |
| Remuneration, social security and pensions | 62 | €47,675 | €58,826 | +€11,151 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,610 | €10,316 | +€706 | +7.3% |
| Other operating charges | 640/8 | €1,398 | €1,500 | +€102 | +7.3% |
| Gross operating margin | 9900 | €90,140 | €89,828 | -€313 | -0.3% |
| Operating profit (loss) | 9901 | €31,457 | €19,186 | -€12,272 | -39.0% |
| Financial income | 75/76B | - | €465 | +€465 | |
| Recurring financial income | 75 | - | €465 | +€465 | |
| Financial charges | 65/66B | €1,795 | €1,462 | -€333 | -18.5% |
| Recurring financial charges | 65 | €1,795 | €1,462 | -€333 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €29,662 | €18,188 | -€11,474 | -38.7% |
| Income taxes | 67/77 | €9,430 | €6,000 | -€3,430 | -36.4% |
| Profit (loss) for the period | 9904 | €20,233 | €12,188 | -€8,044 | -39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,233 | €12,188 | -€8,044 | -39.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.