AG ADVIES: what changed
AG ADVIES
Largest movements
- Receivables within one year -€5,073
down €5,073 (-93.0%), from €5,457 to €384
- Cash +€3,178
up €3,178 (+77.4%), from €4,106 to €7,284
mainly Receivables within one year (+€5,073) and Deferred charges and accrued income (+€2,936)
- Deferred charges and accrued income -€2,936
down €2,936 (-43.6%), from €6,728 to €3,793
- Tangible fixed assets -€811
down €811 (-93.3%), from €869 to €58
of which Furniture and vehicles: -€438
- Reserves -€4,413
no longer reported in 2025 (was €4,413)
- Other debts -€1,786
down €1,786 (-49.6%), from €3,598 to €1,812
- Short-term financial debts +€372
new in 2025: €372
- Tax, wage and social debts +€268
up €268 (+117%), from €229 to €497
- Taxes +€838
up €838 (+113%), from €743 to €1,581
- Depreciation -€340
down €340 (-29.5%), from €1,151 to €811
- Gross operating margin -€310
down €310 (-8.8%), from €3,521 to €3,211
- Other operating charges -€95
down €95 (-12.0%), from €795 to €700
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,160 | €11,519 | -€5,641 | -32.9% |
| Fixed assets | 21/28 | €869 | €58 | -€811 | -93.3% |
| Tangible fixed assets | 22/27 | €869 | €58 | -€811 | -93.3% |
| Land and buildings | 22 | €373 | - | -€373 | |
| Furniture and vehicles | 24 | €496 | €58 | -€438 | -88.3% |
| Current assets | 29/58 | €16,291 | €11,461 | -€4,830 | -29.6% |
| Amounts receivable within one year | 40/41 | €5,457 | €384 | -€5,073 | -93.0% |
| Other amounts receivable | 41 | €5,457 | €384 | -€5,073 | -93.0% |
| Cash at bank and in hand | 54/58 | €4,106 | €7,284 | +€3,178 | +77.4% |
| Deferred charges and accrued income | 490/1 | €6,728 | €3,793 | -€2,936 | -43.6% |
| Total equity and liabilities | 10/49 | €17,160 | €11,519 | -€5,641 | -32.9% |
| Equity | 10/15 | €12,130 | €7,759 | -€4,372 | -36.0% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €4,413 | - | -€4,413 | |
| Distributable reserves | 133 | €4,413 | - | -€4,413 | |
| Profit (loss) carried forward | 14 | €218 | €259 | +€41 | +19.0% |
| Amounts payable | 17/49 | €5,030 | €3,760 | -€1,270 | -25.2% |
| Amounts payable within one year | 42/48 | €5,030 | €3,760 | -€1,270 | -25.2% |
| Financial debts | 43 | - | €372 | +€372 | |
| Credit institutions | 430/8 | - | €372 | +€372 | |
| Trade debts | 44 | €1,203 | €1,079 | -€124 | -10.3% |
| Suppliers | 440/4 | €1,203 | €1,079 | -€124 | -10.3% |
| Taxes, remuneration and social security | 45 | €229 | €497 | +€268 | +117% |
| Taxes | 450/3 | €229 | €497 | +€268 | +117% |
| Other amounts payable | 47/48 | €3,598 | €1,812 | -€1,786 | -49.6% |
| Non-recurring operating income | 76A | €871 | - | -€871 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,151 | €811 | -€340 | -29.5% |
| Other operating charges | 640/8 | €795 | €700 | -€95 | -12.0% |
| Gross operating margin | 9900 | €3,521 | €3,211 | -€310 | -8.8% |
| Operating profit (loss) | 9901 | €1,575 | €1,701 | +€126 | +8.0% |
| Financial income | 75/76B | €3 | €26 | +€23 | +755% |
| Recurring financial income | 75 | €3 | €26 | +€23 | +755% |
| Financial charges | 65/66B | €111 | €104 | -€7 | -6.1% |
| Recurring financial charges | 65 | €111 | €104 | -€7 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €1,467 | €1,622 | +€155 | +10.6% |
| Income taxes | 67/77 | €743 | €1,581 | +€838 | +113% |
| Profit (loss) for the period | 9904 | €724 | €41 | -€683 | -94.3% |
| Profit (loss) for the period to be appropriated | 9905 | €724 | €41 | -€683 | -94.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.