AGAM GURU: what changed
AGAM GURU
Largest movements
- Tangible fixed assets +€14,690
up €14,690 (+73.2%), from €20,057 to €34,747
of which Furniture and vehicles: +€15,190
- Receivables within one year -€13,394
down €13,394 (-64.8%), from €20,676 to €7,282
of which Other amounts receivable: -€16,540
- Cash -€10,681
down €10,681 (-41.8%), from €25,552 to €14,870
mainly Investment in fixed assets (net) (-€19,962) and Tax, wage and social debts (-€9,780)
- Stocks and contracts +€8,531
up €8,531 (+210%), from €4,064 to €12,596
- Deferred charges and accrued income +€2,388
new in 2025: €2,388
- Trade debts +€14,172
new in 2025: €14,172
- Tax, wage and social debts -€9,780
down €9,780 (-80.5%), from €12,154 to €2,374
of which Taxes: -€12,154
- Profit (loss) carried forward -€2,857
down €2,857 (-5.6%), from €51,304 to €48,447
- Purchases and services +€79,056
up €79,056 (+9.3%), from €852,867 to €931,923
- Turnover +€43,019
up €43,019 (+4.8%), from €895,153 to €938,172
- Other operating charges +€14,623
up €14,623 (+127%), from €11,477 to €26,100
- Staff costs -€14,367
no longer reported in 2025 (was €14,367)
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 | €76,449 | €77,983 | +€1,535 | +2.0% |
| Fixed assets | 21/28 | €26,157 | €40,847 | +€14,690 | +56.2% |
| Tangible fixed assets | 22/27 | €20,057 | €34,747 | +€14,690 | +73.2% |
| Plant, machinery and equipment | 23 | €1,192 | €692 | -€500 | -41.9% |
| Furniture and vehicles | 24 | €18,865 | €34,055 | +€15,190 | +80.5% |
| Financial fixed assets | 28 | €6,100 | €6,100 | = | 0.0% |
| Current assets | 29/58 | €50,291 | €37,136 | -€13,155 | -26.2% |
| Stocks and contracts in progress | 3 | €4,064 | €12,596 | +€8,531 | +210% |
| Stocks | 30/36 | €4,064 | €12,596 | +€8,531 | +210% |
| Amounts receivable within one year | 40/41 | €20,676 | €7,282 | -€13,394 | -64.8% |
| Trade receivables | 40 | €55 | €3,200 | +€3,146 | +5,757% |
| Other amounts receivable | 41 | €20,621 | €4,082 | -€16,540 | -80.2% |
| Cash at bank and in hand | 54/58 | €25,552 | €14,870 | -€10,681 | -41.8% |
| Deferred charges and accrued income | 490/1 | - | €2,388 | +€2,388 | |
| Total equity and liabilities | 10/49 | €76,449 | €77,983 | +€1,535 | +2.0% |
| Equity | 10/15 | €64,295 | €61,437 | -€2,857 | -4.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €590 | €590 | = | 0.0% |
| Non-distributable reserves | 130/1 | €590 | €590 | = | 0.0% |
| Reserves not available under the articles | 1311 | €590 | €590 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,304 | €48,447 | -€2,857 | -5.6% |
| Amounts payable | 17/49 | €12,154 | €16,546 | +€4,392 | +36.1% |
| Amounts payable within one year | 42/48 | €12,154 | €16,546 | +€4,392 | +36.1% |
| Trade debts | 44 | - | €14,172 | +€14,172 | |
| Suppliers | 440/4 | - | €14,172 | +€14,172 | |
| Taxes, remuneration and social security | 45 | €12,154 | €2,374 | -€9,780 | -80.5% |
| Taxes | 450/3 | €12,154 | - | -€12,154 | |
| Remuneration and social security | 454/9 | - | €2,374 | +€2,374 | |
| Turnover | 70 | €895,153 | €938,172 | +€43,019 | +4.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €852,867 | €931,923 | +€79,056 | +9.3% |
| Remuneration, social security and pensions | 62 | €14,367 | - | -€14,367 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,082 | €5,272 | -€2,811 | -34.8% |
| Other operating charges | 640/8 | €11,477 | €26,100 | +€14,623 | +127% |
| Gross operating margin | 9900 | €47,975 | €44,040 | -€3,936 | -8.2% |
| Operating profit (loss) | 9901 | €14,049 | €12,668 | -€1,380 | -9.8% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €5,300 | €13,101 | +€7,801 | +147% |
| Recurring financial charges | 65 | €5,300 | €13,101 | +€7,801 | +147% |
| Profit (loss) for the period before taxes | 9903 | €8,749 | -€428 | -€9,176 | |
| Income taxes | 67/77 | €7,677 | €2,430 | -€5,247 | -68.4% |
| Profit (loss) for the period | 9904 | €1,072 | -€2,857 | -€3,929 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,072 | -€2,857 | -€3,929 |
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.