A.G.R.: 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.R.
Largest movements
- Cash -€7,282
down €7,282 (-72.2%), from €10,087 to €2,805
- Tangible fixed assets -€4,925
down €4,925 (-82.5%), from €5,969 to €1,044
- Receivables within one year +€3,819
up €3,819 (+45,684%), from €8 to €3,828
of which Trade receivables: +€2,753
- Stocks and contracts +€2,831
up €2,831 (+32.5%), from €8,702 to €11,533
- Profit (loss) carried forward -€19,310
down €19,310 (-16.0%), from -€120,364 to -€139,674
- Debts +€13,752
up €13,752 (+12.7%), from €108,485 to €122,237
- Gross operating margin -€73,351
down €73,351, from €42,869 to -€30,482
- Depreciation -€2,788
no longer reported in 2022 (was €2,788)
- Other operating charges +€1,649
new in 2022: €1,649
From the 2019 result to the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2019 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,267 | €19,709 | -€5,558 | -22.0% |
| Fixed assets | 21/28 | €6,469 | €1,544 | -€4,925 | -76.1% |
| Tangible fixed assets | 22/27 | €5,969 | €1,044 | -€4,925 | -82.5% |
| Land and buildings | 22 | - | €1,044 | +€1,044 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €18,798 | €18,165 | -€632 | -3.4% |
| Stocks and contracts in progress | 3 | €8,702 | €11,533 | +€2,831 | +32.5% |
| Stocks | 30/36 | - | €11,533 | +€11,533 | |
| Amounts receivable within one year | 40/41 | €8 | €3,828 | +€3,819 | +45,684% |
| Trade receivables | 40 | - | €2,753 | +€2,753 | |
| Other amounts receivable | 41 | - | €1,074 | +€1,074 | |
| Cash at bank and in hand | 54/58 | €10,087 | €2,805 | -€7,282 | -72.2% |
| Total equity and liabilities | 10/49 | €25,267 | €19,709 | -€5,558 | -22.0% |
| Equity | 10/15 | -€83,218 | -€102,528 | -€19,310 | -23.2% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €6,159 | €6,159 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €6,159 | +€6,159 | |
| Profit (loss) carried forward | 14 | -€120,364 | -€139,674 | -€19,310 | -16.0% |
| Amounts payable | 17/49 | €108,485 | €122,237 | +€13,752 | +12.7% |
| Amounts payable within one year | 42/48 | €108,136 | €122,237 | +€14,101 | +13.0% |
| Financial debts | 43 | - | €110 | +€110 | |
| Credit institutions | 430/8 | - | €110 | +€110 | |
| Trade debts | 44 | €36,453 | €40,140 | +€3,687 | +10.1% |
| Suppliers | 440/4 | - | €40,140 | +€40,140 | |
| Taxes, remuneration and social security | 45 | - | €15,919 | +€15,919 | |
| Taxes | 450/3 | - | €135 | +€135 | |
| Remuneration and social security | 454/9 | - | €15,784 | +€15,784 | |
| Other amounts payable | 47/48 | - | €66,068 | +€66,068 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,788 | - | -€2,788 | |
| Other operating charges | 640/8 | - | €1,649 | +€1,649 | |
| Gross operating margin | 9900 | €42,869 | -€30,482 | -€73,351 | |
| Operating profit (loss) | 9901 | €33,559 | -€32,131 | -€65,690 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €89 | +€89 | |
| Recurring financial charges | 65 | €61 | €89 | +€28 | +46.4% |
| Profit (loss) for the period before taxes | 9903 | €33,499 | -€32,220 | -€65,719 | |
| Profit (loss) for the period | 9904 | €33,499 | -€32,220 | -€65,719 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,499 | -€32,220 | -€65,719 |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.