A G G S: 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 G G S
Largest movements
- Receivables after one year -€7,500
down €7,500 (-30.0%), from €25,000 to €17,500
- Tangible fixed assets -€4,958
down €4,958 (-46.5%), from €10,653 to €5,695
of which Plant, machinery and equipment: -€3,316
- Receivables within one year -€3,506
down €3,506 (-88.2%), from €3,973 to €467
of which Trade receivables: -€3,511
- Deferred charges and accrued income -€858
down €858 (-39.4%), from €2,180 to €1,322
- Profit (loss) carried forward -€14,376
down €14,376, from €8,788 to -€5,588
- Tax, wage and social debts -€5,272
down €5,272 (-46.6%), from €11,303 to €6,032
of which Taxes: -€5,328
- Trade debts +€2,093
up €2,093 (+159%), from €1,314 to €3,407
- Other debts +€624
up €624 (+37.6%), from €1,658 to €2,282
- Gross operating margin -€21,689
down €21,689, from €20,504 to -€1,185
- Staff costs +€1,451
up €1,451 (+38.9%), from €3,731 to €5,181
- Taxes -€959
down €959 (-81.5%), from €1,177 to €218
- Financial charges -€956
down €956 (-34.9%), from €2,740 to €1,784
of which Financial charges: -€1,656
- Depreciation +€784
up €784 (+18.8%), from €4,174 to €4,958
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 | €42,072 | €25,141 | -€16,931 | -40.2% |
| Fixed assets | 21/28 | €10,653 | €5,695 | -€4,958 | -46.5% |
| Tangible fixed assets | 22/27 | €10,653 | €5,695 | -€4,958 | -46.5% |
| Plant, machinery and equipment | 23 | €5,808 | €2,493 | -€3,316 | -57.1% |
| Furniture and vehicles | 24 | €3,610 | €2,118 | -€1,492 | -41.3% |
| Other tangible fixed assets | 26 | €1,234 | €1,085 | -€150 | -12.1% |
| Current assets | 29/58 | €31,419 | €19,446 | -€11,973 | -38.1% |
| Amounts receivable after more than one year | 29 | €25,000 | €17,500 | -€7,500 | -30.0% |
| Other amounts receivable | 291 | €25,000 | €17,500 | -€7,500 | -30.0% |
| Amounts receivable within one year | 40/41 | €3,973 | €467 | -€3,506 | -88.2% |
| Trade receivables | 40 | €3,825 | €314 | -€3,511 | -91.8% |
| Other amounts receivable | 41 | €148 | €153 | +€5 | +3.5% |
| Cash at bank and in hand | 54/58 | €267 | €157 | -€109 | -41.0% |
| Deferred charges and accrued income | 490/1 | €2,180 | €1,322 | -€858 | -39.4% |
| Total equity and liabilities | 10/49 | €42,072 | €25,141 | -€16,931 | -40.2% |
| Equity | 10/15 | €27,388 | €13,012 | -€14,376 | -52.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,788 | -€5,588 | -€14,376 | |
| Amounts payable | 17/49 | €14,684 | €12,129 | -€2,555 | -17.4% |
| Amounts payable within one year | 42/48 | €14,276 | €11,721 | -€2,555 | -17.9% |
| Trade debts | 44 | €1,314 | €3,407 | +€2,093 | +159% |
| Suppliers | 440/4 | €1,314 | €3,407 | +€2,093 | +159% |
| Taxes, remuneration and social security | 45 | €11,303 | €6,032 | -€5,272 | -46.6% |
| Taxes | 450/3 | €10,099 | €4,771 | -€5,328 | -52.8% |
| Remuneration and social security | 454/9 | €1,205 | €1,260 | +€56 | +4.6% |
| Other amounts payable | 47/48 | €1,658 | €2,282 | +€624 | +37.6% |
| Accrued charges and deferred income | 492/3 | €408 | €408 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €3,731 | €5,181 | +€1,451 | +38.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,174 | €4,958 | +€784 | +18.8% |
| Other operating charges | 640/8 | €2,284 | €1,796 | -€489 | -21.4% |
| Gross operating margin | 9900 | €20,504 | -€1,185 | -€21,689 | |
| Operating profit (loss) | 9901 | €10,315 | -€13,120 | -€23,435 | |
| Financial income | 75/76B | €875 | €746 | -€129 | -14.7% |
| Recurring financial income | 75 | €875 | €746 | -€129 | -14.7% |
| Financial charges | 65/66B | €2,740 | €1,784 | -€956 | -34.9% |
| Recurring financial charges | 65 | €2,240 | €584 | -€1,656 | -73.9% |
| Non-recurring financial charges | 66B | €500 | €1,200 | +€700 | +140% |
| Profit (loss) for the period before taxes | 9903 | €8,450 | -€14,158 | -€22,608 | |
| Income taxes | 67/77 | €1,177 | €218 | -€959 | -81.5% |
| Profit (loss) for the period | 9904 | €7,273 | -€14,376 | -€21,649 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,273 | -€14,376 | -€21,649 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.