AG-BEX: what changed
Two fiscal 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-BEX
Largest movements
- Cash -€118,361
down €118,361 (-58.3%), from €203,090 to €84,729
mainly Other debts (-€157,889) and Trade debts (-€485)
- Receivables within one year -€21,371
down €21,371 (-16.2%), from €131,943 to €110,572
of which Trade receivables: -€21,830
- Other debts -€157,889
down €157,889 (-57.6%), from €273,900 to €116,011
- Tax, wage and social debts +€10,257
up €10,257 (+23.3%), from €44,020 to €54,277
of which Taxes: +€5,894
- Reserves +€7,000
up €7,000 (+376.3%), from €1,860 to €8,860
of which Distributable reserves: +€7,000
- Gross operating margin +€18,916
up €18,916 (+10.9%), from €173,911 to €192,827
- Staff costs +€8,550
up €8,550 (+5.1%), from €166,457 to €175,008
- Taxes +€6,424
up €6,424 (+591.4%), from €1,086 to €7,510
- Other operating charges -€2,425
down €2,425 (-55.5%), from €4,371 to €1,946
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.
Cash bridge derived
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 | €335,393 | €195,301 | -€140,092 | -41.8% |
| Current assets | 29/58 | €335,393 | €195,301 | -€140,092 | -41.8% |
| Amounts receivable within one year | 40/41 | €131,943 | €110,572 | -€21,371 | -16.2% |
| Trade receivables | 40 | €131,943 | €110,113 | -€21,830 | -16.5% |
| Other amounts receivable | 41 | - | €459 | +€459 | |
| Cash at bank and in hand | 54/58 | €203,090 | €84,729 | -€118,361 | -58.3% |
| Deferred charges and accrued income | 490/1 | €361 | - | -€361 | |
| Total equity and liabilities | 10/49 | €335,393 | €195,301 | -€140,092 | -41.8% |
| Equity | 10/15 | €15,785 | €23,810 | +€8,025 | +50.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €8,860 | +€7,000 | +376.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €7,000 | +€7,000 | |
| Profit (loss) carried forward | 14 | €7,725 | €8,750 | +€1,025 | +13.3% |
| Amounts payable | 17/49 | €319,608 | €171,491 | -€148,117 | -46.3% |
| Amounts payable within one year | 42/48 | €319,008 | €170,891 | -€148,117 | -46.4% |
| Trade debts | 44 | €1,087 | €602 | -€485 | -44.6% |
| Suppliers | 440/4 | €1,087 | €602 | -€485 | -44.6% |
| Taxes, remuneration and social security | 45 | €44,020 | €54,277 | +€10,257 | +23.3% |
| Taxes | 450/3 | €8,669 | €14,562 | +€5,894 | +68.0% |
| Remuneration and social security | 454/9 | €35,352 | €39,715 | +€4,363 | +12.3% |
| Other amounts payable | 47/48 | €273,900 | €116,011 | -€157,889 | -57.6% |
| Accrued charges and deferred income | 492/3 | €600 | €600 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €166,457 | €175,008 | +€8,550 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €368 | - | -€368 | |
| Other operating charges | 640/8 | €4,371 | €1,946 | -€2,425 | -55.5% |
| Gross operating margin | 9900 | €173,911 | €192,827 | +€18,916 | +10.9% |
| Operating profit (loss) | 9901 | €2,714 | €15,874 | +€13,159 | +484.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,493 | €339 | -€1,154 | -77.3% |
| Recurring financial charges | 65 | €1,493 | €339 | -€1,154 | -77.3% |
| Profit (loss) for the period before taxes | 9903 | €1,221 | €15,535 | +€14,314 | +1172.5% |
| Income taxes | 67/77 | €1,086 | €7,510 | +€6,424 | +591.4% |
| Profit (loss) for the period | 9904 | €135 | €8,025 | +€7,890 | +5862.7% |
| Profit (loss) for the period to be appropriated | 9905 | €135 | €8,025 | +€7,890 | +5862.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.