AG Multi-Services: 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 Multi-Services
Largest movements
- Receivables within one year +€49,176
up €49,176 (+11.7%), from €420,477 to €469,653
of which Trade receivables: +€56,198
- Cash -€25,715
down €25,715 (-88.5%), from €29,056 to €3,341
mainly Other debts (-€53,468) and Receivables within one year (-€49,176)
- Deferred charges and accrued income +€6,209
up €6,209 (+37.4%), from €16,590 to €22,799
- Trade debts +€76,961
up €76,961 (+51.7%), from €148,932 to €225,893
- Other debts -€53,468
down €53,468 (-71.6%), from €74,652 to €21,185
- Reserves +€10,349
up €10,349 (+556.4%), from €1,860 to €12,209
of which Distributable reserves: +€12,209
- Gross operating margin +€98,905
up €98,905 (+10.9%), from €910,553 to €1.0m
- Staff costs +€98,326
up €98,326 (+11.9%), from €825,096 to €923,422
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 | €486,601 | €518,831 | +€32,230 | +6.6% |
| Fixed assets | 21/28 | €19,327 | €20,912 | +€1,585 | +8.2% |
| Tangible fixed assets | 22/27 | €19,327 | €20,912 | +€1,585 | +8.2% |
| Plant, machinery and equipment | 23 | €4,295 | €7,753 | +€3,458 | +80.5% |
| Furniture and vehicles | 24 | €13,112 | €10,561 | -€2,551 | -19.5% |
| Other tangible fixed assets | 26 | €1,920 | €2,599 | +€678 | +35.3% |
| Current assets | 29/58 | €467,273 | €497,919 | +€30,645 | +6.6% |
| Stocks and contracts in progress | 3 | €1,151 | €2,125 | +€975 | +84.7% |
| Stocks | 30/36 | €1,151 | €2,125 | +€975 | +84.7% |
| Amounts receivable within one year | 40/41 | €420,477 | €469,653 | +€49,176 | +11.7% |
| Trade receivables | 40 | €357,119 | €413,317 | +€56,198 | +15.7% |
| Other amounts receivable | 41 | €63,358 | €56,336 | -€7,022 | -11.1% |
| Cash at bank and in hand | 54/58 | €29,056 | €3,341 | -€25,715 | -88.5% |
| Deferred charges and accrued income | 490/1 | €16,590 | €22,799 | +€6,209 | +37.4% |
| Total equity and liabilities | 10/49 | €486,601 | €518,831 | +€32,230 | +6.6% |
| Equity | 10/15 | €157,245 | €167,595 | +€10,350 | +6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €12,209 | +€10,349 | +556.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €12,209 | +€12,209 | |
| Profit (loss) carried forward | 14 | €136,785 | €136,786 | +€1 | 0.0% |
| Amounts payable | 17/49 | €329,356 | €351,236 | +€21,881 | +6.6% |
| Amounts payable after more than one year | 17 | €1,086 | - | -€1,086 | |
| Financial debts | 170/4 | €1,086 | - | -€1,086 | |
| Amounts payable within one year | 42/48 | €328,269 | €351,236 | +€22,967 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €35,918 | €34,400 | -€1,518 | -4.2% |
| Trade debts | 44 | €148,932 | €225,893 | +€76,961 | +51.7% |
| Suppliers | 440/4 | €148,932 | €225,893 | +€76,961 | +51.7% |
| Taxes, remuneration and social security | 45 | €68,767 | €69,759 | +€992 | +1.4% |
| Taxes | 450/3 | €5,550 | €1,935 | -€3,615 | -65.1% |
| Remuneration and social security | 454/9 | €63,217 | €67,825 | +€4,607 | +7.3% |
| Other amounts payable | 47/48 | €74,652 | €21,185 | -€53,468 | -71.6% |
| Non-recurring operating income | 76A | €1,301 | €4,931 | +€3,630 | +279.0% |
| Remuneration, social security and pensions | 62 | €825,096 | €923,422 | +€98,326 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,346 | €12,547 | -€4,799 | -27.7% |
| Other operating charges | 640/8 | €36,623 | €45,486 | +€8,863 | +24.2% |
| Non-recurring operating charges | 66A | €14 | €698 | +€683 | +4875.1% |
| Gross operating margin | 9900 | €910,553 | €1,009,458 | +€98,905 | +10.9% |
| Operating profit (loss) | 9901 | €31,475 | €27,305 | -€4,169 | -13.2% |
| Financial charges | 65/66B | €3,895 | €7,253 | +€3,358 | +86.2% |
| Recurring financial charges | 65 | €3,895 | €7,253 | +€3,358 | +86.2% |
| Profit (loss) for the period before taxes | 9903 | €27,580 | €20,052 | -€7,528 | -27.3% |
| Income taxes | 67/77 | €9,121 | €9,703 | +€581 | +6.4% |
| Profit (loss) for the period | 9904 | €18,458 | €10,350 | -€8,109 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,458 | €10,350 | -€8,109 | -43.9% |
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 9 October 2026 via checked.be.