AG12: 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.
AG12
Largest movements
- Receivables within one year +€30,315
up €30,315 (+5514.9%), from €550 to €30,865
of which Trade receivables: +€30,865
- Tangible fixed assets +€13,864
new in 2025: €13,864
- Cash -€2,962
down €2,962 (-98.0%), from €3,023 to €61
mainly Receivables within one year (-€30,315) and Investment in fixed assets (net) (-€14,500)
- Tax, wage and social debts +€19,507
new in 2025: €19,507
of which Remuneration and social security: +€11,052
- Trade debts +€12,428
new in 2025: €12,428
- Other debts +€5,501
up €5,501 (+1241.5%), from €443 to €5,944
- Profit (loss) carried forward +€3,781
up €3,781 (+2918.9%), from €130 to €3,910
- Gross operating margin +€76,119
new in 2025: €76,119
- Staff costs +€64,122
new in 2025: €64,122
- Taxes +€2,150
new in 2025: €2,150
- Other operating charges +€950
new in 2025: €950
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €3,573 | €44,790 | +€41,217 | +1153.7% |
| Fixed assets | 21/28 | - | €13,864 | +€13,864 | |
| Tangible fixed assets | 22/27 | - | €13,864 | +€13,864 | |
| Furniture and vehicles | 24 | - | €13,864 | +€13,864 | |
| Current assets | 29/58 | €3,573 | €30,926 | +€27,353 | +765.6% |
| Amounts receivable within one year | 40/41 | €550 | €30,865 | +€30,315 | +5514.9% |
| Trade receivables | 40 | - | €30,865 | +€30,865 | |
| Other amounts receivable | 41 | €550 | - | -€550 | |
| Cash at bank and in hand | 54/58 | €3,023 | €61 | -€2,962 | -98.0% |
| Total equity and liabilities | 10/49 | €3,573 | €44,790 | +€41,217 | +1153.7% |
| Equity | 10/15 | €3,130 | €6,910 | +€3,781 | +120.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130 | €3,910 | +€3,781 | +2918.9% |
| Amounts payable | 17/49 | €443 | €37,880 | +€37,437 | +8448.4% |
| Amounts payable within one year | 42/48 | €443 | €37,880 | +€37,437 | +8448.4% |
| Trade debts | 44 | - | €12,428 | +€12,428 | |
| Suppliers | 440/4 | - | €12,428 | +€12,428 | |
| Taxes, remuneration and social security | 45 | - | €19,507 | +€19,507 | |
| Taxes | 450/3 | - | €8,455 | +€8,455 | |
| Remuneration and social security | 454/9 | - | €11,052 | +€11,052 | |
| Other amounts payable | 47/48 | €443 | €5,944 | +€5,501 | +1241.5% |
| Remuneration, social security and pensions | 62 | - | €64,122 | +€64,122 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €636 | +€636 | |
| Other operating charges | 640/8 | - | €950 | +€950 | |
| Gross operating margin | 9900 | - | €76,119 | +€76,119 | |
| Operating profit (loss) | 9901 | - | €10,411 | +€10,411 | |
| Financial charges | 65/66B | - | €480 | +€480 | |
| Recurring financial charges | 65 | - | €480 | +€480 | |
| Profit (loss) for the period before taxes | 9903 | - | €9,931 | +€9,931 | |
| Income taxes | 67/77 | - | €2,150 | +€2,150 | |
| Profit (loss) for the period | 9904 | - | €7,781 | +€7,781 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €7,781 | +€7,781 |
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 10 October 2026 via checked.be.