AG Residential: 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 Residential
Largest movements
- Receivables within one year -€3.8m
down €3.8m (-42.3%), from €8.9m to €5.1m
of which Trade receivables: -€5.3m
- Profit (loss) carried forward -€2.8m
down €2.8m (-43.6%), from -€6.4m to -€9.2m
- Trade debts -€723,934
down €723,934 (-79.2%), from €914,044 to €190,110
- Tax, wage and social debts -€158,954
down €158,954 (-42.6%), from €372,699 to €213,745
of which Taxes: -€166,858
- Other operating charges -€3.9m
down €3.9m (-99.8%), from €3.9m to €7,367
- Gross operating margin -€3.8m
down €3.8m, from €2.3m to -€1.5m
- Financial charges -€127,581
down €127,581 (-87.0%), from €146,664 to €19,083
- Staff costs +€112,927
up €112,927 (+8.6%), from €1.3m to €1.4m
- Financial income +€111,482
up €111,482 (+1,987%), from €5,609 to €117,091
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,039,631 | €5,295,512 | -€3.7m | -41.4% |
| Fixed assets | 21/28 | €19,345 | €20,182 | +€836 | +4.3% |
| Tangible fixed assets | 22/27 | €19,219 | €20,055 | +€836 | +4.4% |
| Assets under construction and advance payments | 27 | €19,219 | €20,055 | +€836 | +4.4% |
| Financial fixed assets | 28 | €126 | €126 | = | 0.0% |
| Current assets | 29/58 | €9,020,286 | €5,275,330 | -€3.7m | -41.5% |
| Amounts receivable within one year | 40/41 | €8,895,953 | €5,128,590 | -€3.8m | -42.3% |
| Trade receivables | 40 | €5,676,526 | €413,737 | -€5.3m | -92.7% |
| Other amounts receivable | 41 | €3,219,427 | €4,714,853 | +€1.5m | +46.5% |
| Deferred charges and accrued income | 490/1 | €124,333 | €146,740 | +€22,407 | +18.0% |
| Total equity and liabilities | 10/49 | €9,039,631 | €5,295,512 | -€3.7m | -41.4% |
| Equity | 10/15 | €7,668,085 | €4,860,656 | -€2.8m | -36.6% |
| Contributions | 10/11 | €14,104,569 | €14,104,569 | = | 0.0% |
| Capital | 10 | €14,104,569 | €14,104,569 | = | 0.0% |
| Issued capital | 100 | €14,104,569 | €14,104,569 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,436,484 | -€9,243,913 | -€2.8m | -43.6% |
| Amounts payable | 17/49 | €1,371,546 | €434,855 | -€936,690 | -68.3% |
| Amounts payable within one year | 42/48 | €1,371,546 | €434,855 | -€936,690 | -68.3% |
| Trade debts | 44 | €914,044 | €190,110 | -€723,934 | -79.2% |
| Suppliers | 440/4 | €914,044 | €190,110 | -€723,934 | -79.2% |
| Taxes, remuneration and social security | 45 | €372,699 | €213,745 | -€158,954 | -42.6% |
| Taxes | 450/3 | €183,373 | €16,514 | -€166,858 | -91.0% |
| Remuneration and social security | 454/9 | €189,326 | €197,231 | +€7,905 | +4.2% |
| Other amounts payable | 47/48 | €84,803 | €31,000 | -€53,803 | -63.4% |
| Remuneration, social security and pensions | 62 | €1,313,236 | €1,426,164 | +€112,927 | +8.6% |
| Other operating charges | 640/8 | €3,918,739 | €7,367 | -€3.9m | -99.8% |
| Gross operating margin | 9900 | €2,327,385 | -€1,470,587 | -€3.8m | |
| Operating profit (loss) | 9901 | -€2,904,590 | -€2,904,117 | +€473 | 0.0% |
| Financial income | 75/76B | €5,609 | €117,091 | +€111,482 | +1,987% |
| Recurring financial income | 75 | €5,609 | €117,091 | +€111,482 | +1,987% |
| Financial charges | 65/66B | €146,664 | €19,083 | -€127,581 | -87.0% |
| Recurring financial charges | 65 | €146,664 | €19,083 | -€127,581 | -87.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,045,645 | -€2,806,109 | +€239,536 | +7.9% |
| Income taxes | 67/77 | €2,145 | €1,320 | -€825 | -38.5% |
| Profit (loss) for the period | 9904 | -€3,047,791 | -€2,807,429 | +€240,362 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,047,791 | -€2,807,429 | +€240,362 | +7.9% |
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.