A.G.S. DECO: 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.S. DECO
Largest movements
- Tangible fixed assets +€36,792
up €36,792 (+455%), from €8,093 to €44,885
- Receivables within one year +€5,198
up €5,198 (+139%), from €3,733 to €8,931
of which Trade receivables: +€8,078
- Cash +€1,850
up €1,850 (+25.6%), from €7,229 to €9,079
mainly Debts after one year (+€28,390) and Depreciation (+€16,009)
- Deferred charges and accrued income -€1,459
down €1,459 (-90.2%), from €1,617 to €158
- Debts after one year +€28,390
new in 2025: €28,390
- Current portion of long-term debt +€7,895
new in 2025: €7,895
- Other debts +€5,207
new in 2025: €5,207
- Profit (loss) carried forward +€1,455
up €1,455 (+10.3%), from €14,063 to €15,518
- Gross operating margin +€9,487
up €9,487 (+77.1%), from €12,300 to €21,786
- Depreciation +€8,701
up €8,701 (+119%), from €7,308 to €16,009
- Financial charges +€1,531
up €1,531 (+950%), from €161 to €1,693
- Other operating charges +€658
up €658 (+74.3%), from €885 to €1,543
- Financial income +€272
up €272 (+310%), from €88 to €360
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 | €20,672 | €63,053 | +€42,380 | +205% |
| Fixed assets | 21/28 | €8,093 | €44,885 | +€36,792 | +455% |
| Tangible fixed assets | 22/27 | €8,093 | €44,885 | +€36,792 | +455% |
| Furniture and vehicles | 24 | €8,093 | €44,885 | +€36,792 | +455% |
| Current assets | 29/58 | €12,579 | €18,168 | +€5,589 | +44.4% |
| Amounts receivable within one year | 40/41 | €3,733 | €8,931 | +€5,198 | +139% |
| Trade receivables | 40 | - | €8,078 | +€8,078 | |
| Other amounts receivable | 41 | €3,733 | €853 | -€2,880 | -77.2% |
| Cash at bank and in hand | 54/58 | €7,229 | €9,079 | +€1,850 | +25.6% |
| Deferred charges and accrued income | 490/1 | €1,617 | €158 | -€1,459 | -90.2% |
| Total equity and liabilities | 10/49 | €20,672 | €63,053 | +€42,380 | +205% |
| Equity | 10/15 | €15,063 | €16,518 | +€1,455 | +9.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,063 | €15,518 | +€1,455 | +10.3% |
| Amounts payable | 17/49 | €5,609 | €46,535 | +€40,925 | +730% |
| Amounts payable after more than one year | 17 | - | €28,390 | +€28,390 | |
| Financial debts | 170/4 | - | €28,390 | +€28,390 | |
| Amounts payable within one year | 42/48 | €5,609 | €18,144 | +€12,535 | +223% |
| Current portion of amounts payable after more than one year | 42 | - | €7,895 | +€7,895 | |
| Trade debts | 44 | €4,130 | €3,626 | -€504 | -12.2% |
| Suppliers | 440/4 | €4,130 | €3,626 | -€504 | -12.2% |
| Taxes, remuneration and social security | 45 | €1,479 | €1,416 | -€63 | -4.3% |
| Taxes | 450/3 | €1,479 | €1,416 | -€63 | -4.3% |
| Other amounts payable | 47/48 | - | €5,207 | +€5,207 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,308 | €16,009 | +€8,701 | +119% |
| Other operating charges | 640/8 | €885 | €1,543 | +€658 | +74.3% |
| Gross operating margin | 9900 | €12,300 | €21,786 | +€9,487 | +77.1% |
| Operating profit (loss) | 9901 | €4,106 | €4,235 | +€128 | +3.1% |
| Financial income | 75/76B | €88 | €360 | +€272 | +310% |
| Recurring financial income | 75 | €88 | €360 | +€272 | +310% |
| Financial charges | 65/66B | €161 | €1,693 | +€1,531 | +950% |
| Recurring financial charges | 65 | €161 | €1,693 | +€1,531 | +950% |
| Profit (loss) for the period before taxes | 9903 | €4,033 | €2,902 | -€1,131 | -28.0% |
| Income taxes | 67/77 | €1,478 | €1,447 | -€31 | -2.1% |
| Profit (loss) for the period | 9904 | €2,555 | €1,455 | -€1,100 | -43.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,555 | €1,455 | -€1,100 | -43.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.