AG TRANS: 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 TRANS
Largest movements
- Receivables within one year +€36,221
up €36,221 (+98.6%), from €36,727 to €72,948
of which Trade receivables: +€44,206
- Cash -€33,523
down €33,523 (-99.9%), from €33,550 to €27
mainly Receivables within one year (-€36,221) and Trade debts (-€26,979)
- Tangible fixed assets -€17,666
down €17,666 (-50.4%), from €35,069 to €17,403
of which Furniture and vehicles: -€12,301
- Trade debts -€26,979
down €26,979 (-52.3%), from €51,618 to €24,639
- Other debts +€5,980
up €5,980 (+122%), from €4,916 to €10,896
- Tax, wage and social debts +€5,397
up €5,397 (+67.7%), from €7,974 to €13,371
of which Taxes: +€5,303
- Gross operating margin +€13,766
up €13,766 (+25.2%), from €54,665 to €68,431
- Staff costs +€7,176
up €7,176 (+32.5%), from €22,098 to €29,274
- Other operating charges +€6,575
up €6,575 (+64.1%), from €10,261 to €16,836
- Taxes +€1,839
up €1,839 (+6,425%), from €29 to €1,868
- Depreciation -€1,732
down €1,732 (-8.3%), from €20,859 to €19,127
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 | €114,651 | €99,641 | -€15,010 | -13.1% |
| Fixed assets | 21/28 | €44,274 | €26,613 | -€17,661 | -39.9% |
| Tangible fixed assets | 22/27 | €35,069 | €17,403 | -€17,666 | -50.4% |
| Plant, machinery and equipment | 23 | €15,810 | €10,445 | -€5,365 | -33.9% |
| Furniture and vehicles | 24 | €19,259 | €6,958 | -€12,301 | -63.9% |
| Financial fixed assets | 28 | €9,205 | €9,210 | +€5 | +0.1% |
| Current assets | 29/58 | €70,377 | €73,028 | +€2,651 | +3.8% |
| Amounts receivable within one year | 40/41 | €36,727 | €72,948 | +€36,221 | +98.6% |
| Trade receivables | 40 | €28,742 | €72,948 | +€44,206 | +154% |
| Other amounts receivable | 41 | €7,985 | - | -€7,985 | |
| Cash at bank and in hand | 54/58 | €33,550 | €27 | -€33,523 | -99.9% |
| Deferred charges and accrued income | 490/1 | €100 | €53 | -€47 | -46.8% |
| Total equity and liabilities | 10/49 | €114,651 | €99,641 | -€15,010 | -13.1% |
| Equity | 10/15 | €50,143 | €50,733 | +€590 | +1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,683 | €30,273 | +€590 | +2.0% |
| Amounts payable | 17/49 | €64,508 | €48,908 | -€15,600 | -24.2% |
| Amounts payable within one year | 42/48 | €64,508 | €48,908 | -€15,600 | -24.2% |
| Financial debts | 43 | - | €2 | +€2 | |
| Credit institutions | 430/8 | - | €2 | +€2 | |
| Trade debts | 44 | €51,618 | €24,639 | -€26,979 | -52.3% |
| Suppliers | 440/4 | €51,618 | €24,639 | -€26,979 | -52.3% |
| Taxes, remuneration and social security | 45 | €7,974 | €13,371 | +€5,397 | +67.7% |
| Taxes | 450/3 | €4,235 | €9,538 | +€5,303 | +125% |
| Remuneration and social security | 454/9 | €3,739 | €3,833 | +€94 | +2.5% |
| Other amounts payable | 47/48 | €4,916 | €10,896 | +€5,980 | +122% |
| Remuneration, social security and pensions | 62 | €22,098 | €29,274 | +€7,176 | +32.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,859 | €19,127 | -€1,732 | -8.3% |
| Other operating charges | 640/8 | €10,261 | €16,836 | +€6,575 | +64.1% |
| Gross operating margin | 9900 | €54,665 | €68,431 | +€13,766 | +25.2% |
| Operating profit (loss) | 9901 | €1,448 | €3,194 | +€1,746 | +121% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €665 | €736 | +€71 | +10.6% |
| Recurring financial charges | 65 | €665 | €736 | +€71 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €786 | €2,458 | +€1,672 | +213% |
| Income taxes | 67/77 | €29 | €1,868 | +€1,839 | +6,425% |
| Profit (loss) for the period | 9904 | €757 | €590 | -€167 | -22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €757 | €590 | -€167 | -22.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.