A.GAIN: 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.GAIN
Largest movements
- Current investments -€153,398
down €153,398 (-16.3%), from €938,258 to €784,860
- Tax, wage and social debts -€205,401
down €205,401 (-90.0%), from €228,115 to €22,714
- Profit (loss) carried forward +€59,650
up €59,650 (+9.4%), from €633,318 to €692,968
- Trade debts -€16,184
down €16,184 (-86.5%), from €18,716 to €2,532
- Taxes -€203,347
down €203,347 (-90.0%), from €226,061 to €22,714
- Financial income +€77,356
up €77,356 (+15,240%), from €508 to €77,864
- Financial charges +€74,510
up €74,510, from -€73,710 to €800
- Gross operating margin +€13,251
up €13,251 (+1,853%), from €715 to €13,966
- Other operating charges -€786
down €786 (-12.0%), from €6,548 to €5,762
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 | €1,439,734 | €1,283,333 | -€156,401 | -10.9% |
| Fixed assets | 21/28 | €434,053 | €431,149 | -€2,904 | -0.7% |
| Tangible fixed assets | 22/27 | €433,836 | €430,932 | -€2,904 | -0.7% |
| Land and buildings | 22 | €433,836 | €430,932 | -€2,904 | -0.7% |
| Financial fixed assets | 28 | €217 | €217 | = | 0.0% |
| Current assets | 29/58 | €1,005,681 | €852,184 | -€153,497 | -15.3% |
| Amounts receivable within one year | 40/41 | €15,519 | €3,151 | -€12,369 | -79.7% |
| Trade receivables | 40 | €15,519 | €1,592 | -€13,928 | -89.7% |
| Other amounts receivable | 41 | - | €1,559 | +€1,559 | |
| Current investments | 50/53 | €938,258 | €784,860 | -€153,398 | -16.3% |
| Cash at bank and in hand | 54/58 | €51,174 | €63,614 | +€12,440 | +24.3% |
| Deferred charges and accrued income | 490/1 | €730 | €559 | -€170 | -23.3% |
| Total equity and liabilities | 10/49 | €1,439,734 | €1,283,333 | -€156,401 | -10.9% |
| Equity | 10/15 | €1,014,395 | €1,074,045 | +€59,650 | +5.9% |
| Contributions | 10/11 | €366,882 | €366,882 | = | 0.0% |
| Capital | 10 | €366,882 | €366,882 | = | 0.0% |
| Issued capital | 100 | €366,882 | €366,882 | = | 0.0% |
| Reserves | 13 | €14,195 | €14,195 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,060 | €11,060 | = | 0.0% |
| Legal reserve | 130 | €11,060 | €11,060 | = | 0.0% |
| Distributable reserves | 133 | €3,135 | €3,135 | = | 0.0% |
| Profit (loss) carried forward | 14 | €633,318 | €692,968 | +€59,650 | +9.4% |
| Amounts payable | 17/49 | €425,339 | €209,288 | -€216,051 | -50.8% |
| Amounts payable after more than one year | 17 | €50,450 | €50,450 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Other amounts payable | 178/9 | €450 | €450 | = | 0.0% |
| Amounts payable within one year | 42/48 | €374,889 | €158,838 | -€216,051 | -57.6% |
| Trade debts | 44 | €18,716 | €2,532 | -€16,184 | -86.5% |
| Suppliers | 440/4 | €18,716 | €2,532 | -€16,184 | -86.5% |
| Taxes, remuneration and social security | 45 | €228,115 | €22,714 | -€205,401 | -90.0% |
| Taxes | 450/3 | €228,115 | €22,714 | -€205,401 | -90.0% |
| Other amounts payable | 47/48 | €128,058 | €133,592 | +€5,534 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,009 | €2,904 | -€105 | -3.5% |
| Other operating charges | 640/8 | €6,548 | €5,762 | -€786 | -12.0% |
| Gross operating margin | 9900 | €715 | €13,966 | +€13,251 | +1,853% |
| Operating profit (loss) | 9901 | -€8,842 | €5,300 | +€14,142 | |
| Financial income | 75/76B | €508 | €77,864 | +€77,356 | +15,240% |
| Recurring financial income | 75 | €508 | €77,864 | +€77,356 | +15,240% |
| Financial charges | 65/66B | -€73,710 | €800 | +€74,510 | |
| Recurring financial charges | 65 | -€73,710 | €800 | +€74,510 | |
| Profit (loss) for the period before taxes | 9903 | €65,375 | €82,363 | +€16,988 | +26.0% |
| Transfer from deferred taxes | 780 | €213,594 | - | -€213,594 | |
| Income taxes | 67/77 | €226,061 | €22,714 | -€203,347 | -90.0% |
| Profit (loss) for the period | 9904 | €52,909 | €59,650 | +€6,741 | +12.7% |
| Transfer from tax-exempt reserves | 789 | €640,783 | - | -€640,783 | |
| Profit (loss) for the period to be appropriated | 9905 | €693,692 | €59,650 | -€634,042 | -91.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.