Ag Ambition: 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.
Ag Ambition
Largest movements
- Receivables within one year +€60,989
up €60,989 (+16.7%), from €365,746 to €426,734
of which Trade receivables: +€114,625
- Cash +€7,791
up €7,791 (+153%), from €5,101 to €12,891
mainly Other debts (+€110,119) and Trade debts (+€37,329)
- Other debts +€110,119
up €110,119 (+263%), from €41,853 to €151,972
- Profit (loss) carried forward -€74,746
down €74,746, from €331 to -€74,415
- Trade debts +€37,329
up €37,329 (+21.7%), from €172,355 to €209,684
- Gross operating margin -€29,265
down €29,265, from €1,145 to -€28,120
- Financial charges +€25,231
up €25,231 (+464%), from €5,441 to €30,672
- Write-downs +€5,563
up €5,563, from -€1,710 to €3,853
- Staff costs -€2,915
down €2,915 (-18.5%), from €15,764 to €12,849
- Financial income +€2,193
new in 2025: €2,193
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 | €398,913 | €467,692 | +€68,779 | +17.2% |
| Fixed assets | 21/28 | €21,236 | €21,220 | -€16 | -0.1% |
| Tangible fixed assets | 22/27 | €16 | €0 | -€16 | -100% |
| Furniture and vehicles | 24 | €16 | €0 | -€16 | -100% |
| Financial fixed assets | 28 | €21,220 | €21,220 | = | 0.0% |
| Current assets | 29/58 | €377,676 | €446,471 | +€68,795 | +18.2% |
| Stocks and contracts in progress | 3 | €5,978 | €5,978 | = | 0.0% |
| Stocks | 30/36 | €5,978 | €5,978 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €365,746 | €426,734 | +€60,989 | +16.7% |
| Trade receivables | 40 | €311,329 | €425,954 | +€114,625 | +36.8% |
| Other amounts receivable | 41 | €54,417 | €780 | -€53,636 | -98.6% |
| Cash at bank and in hand | 54/58 | €5,101 | €12,891 | +€7,791 | +153% |
| Deferred charges and accrued income | 490/1 | €852 | €867 | +€15 | +1.8% |
| Total equity and liabilities | 10/49 | €398,913 | €467,692 | +€68,779 | +17.2% |
| Equity | 10/15 | €35,331 | -€39,415 | -€74,746 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €331 | -€74,415 | -€74,746 | |
| Provisions and deferred taxes | 16 | €143,635 | €143,635 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €143,635 | €143,635 | = | 0.0% |
| Environmental obligations | 163 | €143,635 | - | -€143,635 | |
| Other liabilities and charges | 164/5 | - | €143,635 | +€143,635 | |
| Amounts payable | 17/49 | €219,947 | €363,472 | +€143,525 | +65.3% |
| Amounts payable within one year | 42/48 | €219,859 | €363,383 | +€143,523 | +65.3% |
| Current portion of amounts payable after more than one year | 42 | €2,073 | €0 | -€2,073 | -100% |
| Financial debts | 43 | €9 | €0 | -€9 | -100% |
| Credit institutions | 430/8 | €9 | €0 | -€9 | -100% |
| Trade debts | 44 | €172,355 | €209,684 | +€37,329 | +21.7% |
| Suppliers | 440/4 | €172,355 | €209,684 | +€37,329 | +21.7% |
| Taxes, remuneration and social security | 45 | €3,570 | €1,727 | -€1,843 | -51.6% |
| Taxes | 450/3 | €547 | €61 | -€487 | -88.9% |
| Remuneration and social security | 454/9 | €3,023 | €1,666 | -€1,356 | -44.9% |
| Other amounts payable | 47/48 | €41,853 | €151,972 | +€110,119 | +263% |
| Accrued charges and deferred income | 492/3 | €88 | €89 | +€2 | +1.9% |
| Non-recurring operating income | 76A | €151,474 | €0 | -€151,474 | -100% |
| Remuneration, social security and pensions | 62 | €15,764 | €12,849 | -€2,915 | -18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €420 | €16 | -€404 | -96.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,710 | €3,853 | +€5,563 | |
| Other operating charges | 640/8 | €1,134 | €1,417 | +€283 | +24.9% |
| Gross operating margin | 9900 | €1,145 | -€28,120 | -€29,265 | |
| Operating profit (loss) | 9901 | -€14,464 | -€46,256 | -€31,792 | -220% |
| Financial income | 75/76B | - | €2,193 | +€2,193 | |
| Recurring financial income | 75 | - | €2,193 | +€2,193 | |
| Financial charges | 65/66B | €5,441 | €30,672 | +€25,231 | +464% |
| Recurring financial charges | 65 | €5,441 | €30,672 | +€25,231 | +464% |
| Profit (loss) for the period before taxes | 9903 | -€19,904 | -€74,734 | -€54,830 | -275% |
| Income taxes | 67/77 | €49 | €12 | -€37 | -75.0% |
| Profit (loss) for the period | 9904 | -€19,953 | -€74,746 | -€54,793 | -275% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,953 | -€74,746 | -€54,793 | -275% |
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 22 October 2026 via checked.be.