AGAM BUSINESS: what changed
AGAM BUSINESS
Largest movements
- Receivables after one year +€2,590
new in 2025: €2,590
- Cash +€386
up €386 (+2.3%), from €16,902 to €17,288
mainly Net result for the year (+€3,770) and Tax, wage and social debts (+€362)
- Profit (loss) carried forward +€3,770
up €3,770, from -€519 to €3,251
- Trade debts -€1,200
no longer reported in 2025 (was €1,200)
- Tax, wage and social debts +€362
up €362 (+2.8%), from €12,694 to €13,055
- Financial charges +€16,558
up €16,558 (+128,259%), from €13 to €16,571
- Gross operating margin +€11,833
up €11,833 (+69.0%), from €17,146 to €28,978
- Turnover +€10,960
up €10,960 (+15.7%), from €69,770 to €80,730
- Staff costs -€2,738
down €2,738 (-20.1%), from €13,632 to €10,893
- Purchases and services -€873
down €873 (-1.7%), from €52,624 to €51,751
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,902 | €19,878 | +€2,976 | +17.6% |
| Current assets | 29/58 | €16,902 | €19,878 | +€2,976 | +17.6% |
| Amounts receivable after more than one year | 29 | - | €2,590 | +€2,590 | |
| Trade receivables | 290 | - | €2,590 | +€2,590 | |
| Cash at bank and in hand | 54/58 | €16,902 | €17,288 | +€386 | +2.3% |
| Total equity and liabilities | 10/49 | €16,902 | €19,878 | +€2,976 | +17.6% |
| Equity | 10/15 | €3,009 | €6,823 | +€3,814 | +127% |
| Contributions | 10/11 | €3,528 | €3,572 | +€44 | +1.2% |
| Profit (loss) carried forward | 14 | -€519 | €3,251 | +€3,770 | |
| Amounts payable | 17/49 | €13,894 | €13,055 | -€838 | -6.0% |
| Amounts payable within one year | 42/48 | €13,894 | €13,055 | -€838 | -6.0% |
| Trade debts | 44 | €1,200 | - | -€1,200 | |
| Suppliers | 440/4 | €1,200 | - | -€1,200 | |
| Taxes, remuneration and social security | 45 | €12,694 | €13,055 | +€362 | +2.8% |
| Taxes | 450/3 | €12,694 | €13,055 | +€362 | +2.8% |
| Turnover | 70 | €69,770 | €80,730 | +€10,960 | +15.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €52,624 | €51,751 | -€873 | -1.7% |
| Remuneration, social security and pensions | 62 | €13,632 | €10,893 | -€2,738 | -20.1% |
| Other operating charges | 640/8 | €124 | €62 | -€62 | -50.0% |
| Gross operating margin | 9900 | €17,146 | €28,978 | +€11,833 | +69.0% |
| Operating profit (loss) | 9901 | €3,390 | €18,023 | +€14,633 | +432% |
| Financial charges | 65/66B | €13 | €16,571 | +€16,558 | +128,259% |
| Recurring financial charges | 65 | €13 | €16,571 | +€16,558 | +128,259% |
| Profit (loss) for the period before taxes | 9903 | €3,377 | €1,452 | -€1,925 | -57.0% |
| Transfer from deferred taxes | 780 | - | €2,318 | +€2,318 | |
| Profit (loss) for the period | 9904 | €3,377 | €3,770 | +€393 | +11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,377 | €3,770 | +€393 | +11.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.