AAG Concept: 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.
AAG Concept
Largest movements
- Receivables within one year +€5,574
up €5,574 (+21.8%), from €25,528 to €31,103
of which Trade receivables: +€7,895
- Deferred charges and accrued income -€5,347
down €5,347 (-27.9%), from €19,143 to €13,797
- Cash +€1,588
up €1,588 (+4.5%), from €35,259 to €36,848
mainly Net result for the year (+€28,142) and Deferred charges and accrued income (+€5,347)
- Tangible fixed assets -€1,224
down €1,224 (-46.3%), from €2,647 to €1,423
- Tax, wage and social debts +€1,797
up €1,797 (+9.2%), from €19,600 to €21,397
of which Taxes: +€1,559
- Gross operating margin +€6,404
up €6,404 (+11.7%), from €54,755 to €61,159
- Staff costs +€2,984
up €2,984 (+15.9%), from €18,771 to €21,756
- Taxes +€1,676
up €1,676 (+27.5%), from €6,091 to €7,768
- Other operating charges -€1,054
down €1,054 (-35.9%), from €2,937 to €1,883
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 | €82,578 | €83,169 | +€592 | +0.7% |
| Fixed assets | 21/28 | €2,647 | €1,423 | -€1,224 | -46.3% |
| Tangible fixed assets | 22/27 | €2,647 | €1,423 | -€1,224 | -46.3% |
| Furniture and vehicles | 24 | €2,647 | €1,423 | -€1,224 | -46.3% |
| Current assets | 29/58 | €79,931 | €81,747 | +€1,816 | +2.3% |
| Amounts receivable within one year | 40/41 | €25,528 | €31,103 | +€5,574 | +21.8% |
| Trade receivables | 40 | €21,897 | €29,792 | +€7,895 | +36.1% |
| Other amounts receivable | 41 | €3,632 | €1,311 | -€2,321 | -63.9% |
| Cash at bank and in hand | 54/58 | €35,259 | €36,848 | +€1,588 | +4.5% |
| Deferred charges and accrued income | 490/1 | €19,143 | €13,797 | -€5,347 | -27.9% |
| Total equity and liabilities | 10/49 | €82,578 | €83,169 | +€592 | +0.7% |
| Equity | 10/15 | €38,176 | €38,318 | +€142 | +0.4% |
| Contributions | 10/11 | €8,990 | €8,990 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,186 | €29,328 | +€142 | +0.5% |
| Amounts payable | 17/49 | €44,402 | €44,851 | +€449 | +1.0% |
| Amounts payable within one year | 42/48 | €43,702 | €44,851 | +€1,149 | +2.6% |
| Financial debts | 43 | €64 | - | -€64 | |
| Credit institutions | 430/8 | €64 | - | -€64 | |
| Trade debts | 44 | €3,633 | €3,854 | +€221 | +6.1% |
| Suppliers | 440/4 | €3,633 | €3,854 | +€221 | +6.1% |
| Taxes, remuneration and social security | 45 | €19,600 | €21,397 | +€1,797 | +9.2% |
| Taxes | 450/3 | €17,472 | €19,030 | +€1,559 | +8.9% |
| Remuneration and social security | 454/9 | €2,129 | €2,367 | +€238 | +11.2% |
| Other amounts payable | 47/48 | €20,405 | €19,600 | -€805 | -3.9% |
| Accrued charges and deferred income | 492/3 | €700 | - | -€700 | |
| Remuneration, social security and pensions | 62 | €18,771 | €21,756 | +€2,984 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,055 | €1,224 | +€170 | +16.1% |
| Other operating charges | 640/8 | €2,937 | €1,883 | -€1,054 | -35.9% |
| Gross operating margin | 9900 | €54,755 | €61,159 | +€6,404 | +11.7% |
| Operating profit (loss) | 9901 | €31,992 | €36,297 | +€4,304 | +13.5% |
| Financial income | 75/76B | €168 | €198 | +€30 | +17.9% |
| Recurring financial income | 75 | €168 | €198 | +€30 | +17.9% |
| Financial charges | 65/66B | €557 | €585 | +€28 | +5.1% |
| Recurring financial charges | 65 | €557 | €585 | +€28 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €31,604 | €35,910 | +€4,306 | +13.6% |
| Income taxes | 67/77 | €6,091 | €7,768 | +€1,676 | +27.5% |
| Profit (loss) for the period | 9904 | €25,513 | €28,142 | +€2,630 | +10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,513 | €28,142 | +€2,630 | +10.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.