AG2B: 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.
AG2B
Largest movements
- Receivables within one year +€96,965
up €96,965 (+11,625%), from €834 to €97,800
of which Other amounts receivable: +€92,943
- Cash -€16,475
down €16,475 (-36.4%), from €45,201 to €28,726
mainly Receivables within one year (-€96,965) and Contributions, distributions and other (-€3,926)
- Tangible fixed assets +€1,529
new in 2025: €1,529
- Trade debts +€30,335
up €30,335 (+1,530%), from €1,983 to €32,317
- Profit (loss) carried forward +€30,331
up €30,331, from -€5,456 to €24,874
- Tax, wage and social debts +€10,565
new in 2025: €10,565
- Reserves +€5,000
new in 2025: €5,000
- Other debts +€3,926
new in 2025: €3,926
- Gross operating margin +€54,612
up €54,612, from -€3,360 to €51,252
- Taxes +€11,528
new in 2025: €11,528
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 | €46,527 | €128,774 | +€82,248 | +177% |
| Fixed assets | 21/28 | €491 | €2,248 | +€1,757 | +358% |
| Intangible fixed assets | 21 | €491 | €719 | +€228 | +46.4% |
| Tangible fixed assets | 22/27 | - | €1,529 | +€1,529 | |
| Plant, machinery and equipment | 23 | - | €1,529 | +€1,529 | |
| Current assets | 29/58 | €46,035 | €126,526 | +€80,491 | +175% |
| Amounts receivable within one year | 40/41 | €834 | €97,800 | +€96,965 | +11,625% |
| Trade receivables | 40 | €397 | €4,420 | +€4,023 | +1,013% |
| Other amounts receivable | 41 | €437 | €93,380 | +€92,943 | +21,266% |
| Cash at bank and in hand | 54/58 | €45,201 | €28,726 | -€16,475 | -36.4% |
| Total equity and liabilities | 10/49 | €46,527 | €128,774 | +€82,248 | +177% |
| Equity | 10/15 | €44,544 | €79,874 | +€35,331 | +79.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | - | €5,000 | +€5,000 | |
| Non-distributable reserves | 130/1 | - | €5,000 | +€5,000 | |
| Reserves not available under the articles | 1311 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | -€5,456 | €24,874 | +€30,331 | |
| Amounts payable | 17/49 | €1,983 | €48,900 | +€46,917 | +2,366% |
| Amounts payable after more than one year | 17 | - | €1,558 | +€1,558 | |
| Financial debts | 170/4 | - | €1,558 | +€1,558 | |
| Amounts payable within one year | 42/48 | €1,983 | €47,342 | +€45,359 | +2,288% |
| Current portion of amounts payable after more than one year | 42 | - | €534 | +€534 | |
| Trade debts | 44 | €1,983 | €32,317 | +€30,335 | +1,530% |
| Suppliers | 440/4 | €1,983 | €32,317 | +€30,335 | +1,530% |
| Taxes, remuneration and social security | 45 | - | €10,565 | +€10,565 | |
| Taxes | 450/3 | - | €10,565 | +€10,565 | |
| Other amounts payable | 47/48 | - | €3,926 | +€3,926 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €329 | €467 | +€138 | +41.9% |
| Gross operating margin | 9900 | -€3,360 | €51,252 | +€54,612 | |
| Operating profit (loss) | 9901 | -€3,689 | €50,785 | +€54,474 | |
| Profit (loss) for the period before taxes | 9903 | -€3,689 | €50,785 | +€54,474 | |
| Income taxes | 67/77 | - | €11,528 | +€11,528 | |
| Profit (loss) for the period | 9904 | -€3,689 | €39,256 | +€42,945 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,689 | €39,256 | +€42,945 |
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 16 October 2026 via checked.be.