AGAA: what changed
Two fiscal 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.
AGAA
Largest movements
- Tangible fixed assets +€6,070
up €6,070 (+482.2%), from €1,259 to €7,329
- Cash -€5,421
down €5,421 (-85.4%), from €6,347 to €926
mainly Net result for the year (-€9,404) and Investment in fixed assets (net) (-€7,450)
- Receivables within one year +€1,218
up €1,218 (+283.7%), from €429 to €1,648
of which Other amounts receivable: +€1,218
- Deferred charges and accrued income +€239
up €239 (+567.5%), from €42 to €281
- Other debts +€10,481
up €10,481 (+58.6%), from €17,885 to €28,366
- Profit (loss) carried forward -€9,404
down €9,404 (-29.8%), from -€31,605 to -€41,009
- Trade debts +€1,364
up €1,364, from €0 to €1,364
- Tax, wage and social debts -€334
down €334 (-16.9%), from €1,974 to €1,640
- Gross operating margin -€5,840
down €5,840 (-790.7%), from -€739 to -€6,578
- Depreciation +€1,352
up €1,352 (+4805.8%), from €28 to €1,380
- Financial charges +€626
up €626 (+701.2%), from €89 to €715
- Other operating charges +€603
up €603 (+428.9%), from €141 to €743
- Financial income -€69
down €69 (-85.7%), from €81 to €12
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 | €8,161 | €10,267 | +€2,106 | +25.8% |
| Fixed assets | 21/28 | €1,343 | €7,413 | +€6,070 | +452.1% |
| Tangible fixed assets | 22/27 | €1,259 | €7,329 | +€6,070 | +482.2% |
| Plant, machinery and equipment | 23 | €1,259 | €7,329 | +€6,070 | +482.2% |
| Financial fixed assets | 28 | €84 | €84 | = | 0.0% |
| Current assets | 29/58 | €6,819 | €2,855 | -€3,964 | -58.1% |
| Amounts receivable within one year | 40/41 | €429 | €1,648 | +€1,218 | +283.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €429 | €1,648 | +€1,218 | +283.7% |
| Cash at bank and in hand | 54/58 | €6,347 | €926 | -€5,421 | -85.4% |
| Deferred charges and accrued income | 490/1 | €42 | €281 | +€239 | +567.5% |
| Total equity and liabilities | 10/49 | €8,161 | €10,267 | +€2,106 | +25.8% |
| Equity | 10/15 | -€11,698 | -€21,103 | -€9,404 | -80.4% |
| Contributions | 10/11 | €19,586 | €19,586 | = | 0.0% |
| Reserves | 13 | €321 | €321 | = | 0.0% |
| Non-distributable reserves | 130/1 | €321 | €321 | = | 0.0% |
| Reserves not available under the articles | 1311 | €321 | €321 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,605 | -€41,009 | -€9,404 | -29.8% |
| Amounts payable | 17/49 | €19,860 | €31,370 | +€11,510 | +58.0% |
| Amounts payable within one year | 42/48 | €19,860 | €31,370 | +€11,510 | +58.0% |
| Trade debts | 44 | €0 | €1,364 | +€1,364 | |
| Suppliers | 440/4 | €0 | €1,364 | +€1,364 | |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,974 | €1,640 | -€334 | -16.9% |
| Taxes | 450/3 | €1,974 | €1,640 | -€334 | -16.9% |
| Other amounts payable | 47/48 | €17,885 | €28,366 | +€10,481 | +58.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28 | €1,380 | +€1,352 | +4805.8% |
| Other operating charges | 640/8 | €141 | €743 | +€603 | +428.9% |
| Gross operating margin | 9900 | -€739 | -€6,578 | -€5,840 | -790.7% |
| Operating profit (loss) | 9901 | -€907 | -€8,701 | -€7,794 | -859.2% |
| Financial income | 75/76B | €81 | €12 | -€69 | -85.7% |
| Recurring financial income | 75 | €81 | €12 | -€69 | -85.7% |
| Financial charges | 65/66B | €89 | €715 | +€626 | +701.2% |
| Recurring financial charges | 65 | €89 | €715 | +€626 | +701.2% |
| Profit (loss) for the period before taxes | 9903 | -€916 | -€9,404 | -€8,489 | -927.1% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€916 | -€9,404 | -€8,489 | -927.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€916 | -€9,404 | -€8,489 | -927.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.