AG Constructions: 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 Constructions
Largest movements
- Cash -€10,043
down €10,043 (-28.3%), from €35,521 to €25,478
mainly Net result for the year (-€19,177) and Investment in fixed assets (net) (-€6,000)
- Tangible fixed assets -€3,998
down €3,998 (-17.6%), from €22,718 to €18,719
of which Furniture and vehicles: -€2,686
- Profit (loss) carried forward -€81,813
down €81,813 (-100.0%), from €81,813 to €0
- Reserves +€62,636
up €62,636 (+489.7%), from €12,791 to €75,427
of which Distributable reserves: +€62,636
- Trade debts +€5,481
up €5,481 (+13.5%), from €40,716 to €46,197
- Accrued charges and deferred income +€4,200
up €4,200 (+763.6%), from €550 to €4,750
- Current portion of long-term debt -€2,354
down €2,354 (-100.0%), from €2,354 to €0
- Gross operating margin -€35,002
down €35,002, from €33,258 to -€1,744
- Depreciation -€8,222
down €8,222 (-45.1%), from €18,220 to €9,998
- Taxes -€4,671
down €4,671 (-55.7%), from €8,380 to €3,709
- Financial charges +€1,693
up €1,693 (+180.5%), from €938 to €2,631
- Other operating charges -€776
down €776 (-41.4%), from €1,873 to €1,098
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 | €175,020 | €161,287 | -€13,733 | -7.8% |
| Fixed assets | 21/28 | €22,718 | €18,719 | -€3,998 | -17.6% |
| Tangible fixed assets | 22/27 | €22,718 | €18,719 | -€3,998 | -17.6% |
| Land and buildings | 22 | €5,508 | €4,924 | -€584 | -10.6% |
| Plant, machinery and equipment | 23 | €11,505 | €10,776 | -€729 | -6.3% |
| Furniture and vehicles | 24 | €5,705 | €3,020 | -€2,686 | -47.1% |
| Current assets | 29/58 | €152,302 | €142,568 | -€9,735 | -6.4% |
| Amounts receivable within one year | 40/41 | €114,907 | €116,093 | +€1,186 | +1.0% |
| Trade receivables | 40 | €104,795 | €99,659 | -€5,136 | -4.9% |
| Other amounts receivable | 41 | €10,112 | €16,434 | +€6,322 | +62.5% |
| Cash at bank and in hand | 54/58 | €35,521 | €25,478 | -€10,043 | -28.3% |
| Deferred charges and accrued income | 490/1 | €1,873 | €996 | -€877 | -46.8% |
| Total equity and liabilities | 10/49 | €175,020 | €161,287 | -€13,733 | -7.8% |
| Equity | 10/15 | €107,003 | €87,827 | -€19,177 | -17.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €12,791 | €75,427 | +€62,636 | +489.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,931 | €10,931 | = | 0.0% |
| Distributable reserves | 133 | - | €62,636 | +€62,636 | |
| Profit (loss) carried forward | 14 | €81,813 | €0 | -€81,813 | -100.0% |
| Amounts payable | 17/49 | €68,016 | €73,460 | +€5,444 | +8.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €67,466 | €68,710 | +€1,244 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €2,354 | €0 | -€2,354 | -100.0% |
| Trade debts | 44 | €40,716 | €46,197 | +€5,481 | +13.5% |
| Suppliers | 440/4 | €40,716 | €46,197 | +€5,481 | +13.5% |
| Taxes, remuneration and social security | 45 | €5,575 | €4,411 | -€1,164 | -20.9% |
| Taxes | 450/3 | €5,575 | €4,411 | -€1,164 | -20.9% |
| Other amounts payable | 47/48 | €18,822 | €18,102 | -€720 | -3.8% |
| Accrued charges and deferred income | 492/3 | €550 | €4,750 | +€4,200 | +763.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,220 | €9,998 | -€8,222 | -45.1% |
| Other operating charges | 640/8 | €1,873 | €1,098 | -€776 | -41.4% |
| Gross operating margin | 9900 | €33,258 | -€1,744 | -€35,002 | |
| Operating profit (loss) | 9901 | €13,164 | -€12,840 | -€26,005 | |
| Financial income | 75/76B | €18 | €3 | -€15 | -85.6% |
| Recurring financial income | 75 | €18 | €3 | -€15 | -85.6% |
| Financial charges | 65/66B | €938 | €2,631 | +€1,693 | +180.5% |
| Recurring financial charges | 65 | €938 | €2,631 | +€1,693 | +180.5% |
| Profit (loss) for the period before taxes | 9903 | €12,244 | -€15,468 | -€27,713 | |
| Income taxes | 67/77 | €8,380 | €3,709 | -€4,671 | -55.7% |
| Profit (loss) for the period | 9904 | €3,864 | -€19,177 | -€23,041 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,864 | -€19,177 | -€23,041 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.