A.G. TRADING: 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. TRADING
Largest movements
- Stocks and contracts -€112,470
down €112,470 (-19.4%), from €580,981 to €468,511
- Cash +€45,061
up €45,061 (+7.4%), from €610,437 to €655,499
mainly Stocks and contracts (+€112,470) and Receivables within one year (+€30,198)
- Receivables within one year -€30,198
down €30,198 (-12.0%), from €250,787 to €220,589
of which Trade receivables: -€29,785
- Other debts -€116,932
down €116,932 (-11.6%), from €1.0m to €892,587
- Profit (loss) carried forward +€16,666
up €16,666 (+8.6%), from -€193,484 to -€176,818
- Gross operating margin +€176,455
up €176,455, from -€150,682 to €25,773
- Taxes +€1,893
up €1,893 (+183%), from €1,034 to €2,927
- Financial charges +€1,860
up €1,860 (+73.4%), from €2,534 to €4,394
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 | €1,445,167 | €1,347,925 | -€97,242 | -6.7% |
| Fixed assets | 21/28 | €1,019 | €1,417 | +€398 | +39.0% |
| Tangible fixed assets | 22/27 | €1,019 | €1,417 | +€398 | +39.0% |
| Plant, machinery and equipment | 23 | €1,019 | €725 | -€294 | -28.9% |
| Furniture and vehicles | 24 | - | €692 | +€692 | |
| Current assets | 29/58 | €1,444,148 | €1,346,508 | -€97,640 | -6.8% |
| Stocks and contracts in progress | 3 | €580,981 | €468,511 | -€112,470 | -19.4% |
| Stocks | 30/36 | €580,981 | €468,511 | -€112,470 | -19.4% |
| Amounts receivable within one year | 40/41 | €250,787 | €220,589 | -€30,198 | -12.0% |
| Trade receivables | 40 | €127,790 | €98,005 | -€29,785 | -23.3% |
| Other amounts receivable | 41 | €122,996 | €122,584 | -€412 | -0.3% |
| Cash at bank and in hand | 54/58 | €610,437 | €655,499 | +€45,061 | +7.4% |
| Deferred charges and accrued income | 490/1 | €1,943 | €1,910 | -€33 | -1.7% |
| Total equity and liabilities | 10/49 | €1,445,167 | €1,347,925 | -€97,242 | -6.7% |
| Equity | 10/15 | €434,172 | €450,837 | +€16,666 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €609,055 | €609,055 | = | 0.0% |
| Distributable reserves | 133 | €609,055 | €609,055 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€193,484 | -€176,818 | +€16,666 | +8.6% |
| Amounts payable | 17/49 | €1,010,995 | €897,088 | -€113,907 | -11.3% |
| Amounts payable within one year | 42/48 | €1,010,995 | €897,088 | -€113,907 | -11.3% |
| Trade debts | 44 | - | €1,591 | +€1,591 | |
| Suppliers | 440/4 | - | €1,591 | +€1,591 | |
| Taxes, remuneration and social security | 45 | €1,475 | €2,910 | +€1,435 | +97.2% |
| Taxes | 450/3 | €1,475 | €2,910 | +€1,435 | +97.2% |
| Other amounts payable | 47/48 | €1,009,520 | €892,587 | -€116,932 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €294 | €626 | +€332 | +113% |
| Other operating charges | 640/8 | €1,171 | €1,206 | +€36 | +3.0% |
| Gross operating margin | 9900 | -€150,682 | €25,773 | +€176,455 | |
| Operating profit (loss) | 9901 | -€152,146 | €23,941 | +€176,087 | |
| Financial income | 75/76B | €53 | €45 | -€8 | -14.5% |
| Recurring financial income | 75 | €53 | €45 | -€8 | -14.5% |
| Financial charges | 65/66B | €2,534 | €4,394 | +€1,860 | +73.4% |
| Recurring financial charges | 65 | €2,534 | €4,394 | +€1,860 | +73.4% |
| Profit (loss) for the period before taxes | 9903 | -€154,627 | €19,592 | +€174,220 | |
| Income taxes | 67/77 | €1,034 | €2,927 | +€1,893 | +183% |
| Profit (loss) for the period | 9904 | -€155,661 | €16,666 | +€172,327 | |
| Profit (loss) for the period to be appropriated | 9905 | -€155,661 | €16,666 | +€172,327 |
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 24 October 2026 via checked.be.