AGB CONSEIL: 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.
AGB CONSEIL
Largest movements
- Tangible fixed assets +€254,811
up €254,811 (+17.5%), from €1.5m to €1.7m
of which Land and buildings: +€274,651
- Receivables within one year +€43,937
up €43,937 (+28.0%), from €157,112 to €201,049
of which Other amounts receivable: +€77,491
- Debts after one year +€260,061
up €260,061 (+76.1%), from €341,550 to €601,611
of which Financial debts: +€255,361
- Other debts +€62,932
up €62,932 (+15.9%), from €395,245 to €458,177
- Revaluation surpluses -€24,000
down €24,000 (-4.9%), from €494,000 to €470,000
- Financial charges -€62,268
down €62,268 (-65.9%), from €94,488 to €32,221
of which Non-recurring financial charges: -€77,645
- Turnover +€38,420
up €38,420 (+31.2%), from €123,000 to €161,420
- Services and other goods +€10,269
up €10,269 (+8.9%), from €115,477 to €125,746
- Other operating income +€7,827
up €7,827 (+20.4%), from €38,288 to €46,115
- Depreciation +€3,841
up €3,841 (+5.4%), from €70,846 to €74,687
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 | €1,621,324 | €1,923,306 | +€301,982 | +18.6% |
| Fixed assets | 21/28 | €1,457,762 | €1,712,573 | +€254,811 | +17.5% |
| Tangible fixed assets | 22/27 | €1,457,762 | €1,712,573 | +€254,811 | +17.5% |
| Land and buildings | 22 | €1,332,137 | €1,606,788 | +€274,651 | +20.6% |
| Plant, machinery and equipment | 23 | €62,722 | €63,162 | +€441 | +0.7% |
| Furniture and vehicles | 24 | €23,380 | €20,931 | -€2,449 | -10.5% |
| Other tangible fixed assets | 26 | €39,523 | €21,691 | -€17,832 | -45.1% |
| Current assets | 29/58 | €163,562 | €210,732 | +€47,171 | +28.8% |
| Amounts receivable within one year | 40/41 | €157,112 | €201,049 | +€43,937 | +28.0% |
| Trade receivables | 40 | €67,677 | €34,122 | -€33,555 | -49.6% |
| Other amounts receivable | 41 | €89,435 | €166,926 | +€77,491 | +86.6% |
| Cash at bank and in hand | 54/58 | €6,450 | €8,093 | +€1,643 | +25.5% |
| Deferred charges and accrued income | 490/1 | - | €1,591 | +€1,591 | |
| Total equity and liabilities | 10/49 | €1,621,324 | €1,923,306 | +€301,982 | +18.6% |
| Equity | 10/15 | €754,393 | €724,026 | -€30,367 | -4.0% |
| Contributions | 10/11 | €212,303 | €212,303 | = | 0.0% |
| Revaluation surpluses | 12 | €494,000 | €470,000 | -€24,000 | -4.9% |
| Reserves | 13 | €48,090 | €41,723 | -€6,367 | -13.2% |
| Non-distributable reserves | 130/1 | €21,230 | €21,230 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21,230 | €21,230 | = | 0.0% |
| Distributable reserves | 133 | €26,859 | €20,493 | -€6,367 | -23.7% |
| Amounts payable | 17/49 | €866,931 | €1,199,280 | +€332,349 | +38.3% |
| Amounts payable after more than one year | 17 | €341,550 | €601,611 | +€260,061 | +76.1% |
| Financial debts | 170/4 | - | €255,361 | +€255,361 | |
| Credit institutions | 173 | - | €255,361 | +€255,361 | |
| Other amounts payable | 178/9 | €341,550 | €346,250 | +€4,700 | +1.4% |
| Amounts payable within one year | 42/48 | €503,341 | €570,395 | +€67,053 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | - | €13,975 | +€13,975 | |
| Trade debts | 44 | €91,611 | €92,942 | +€1,331 | +1.5% |
| Suppliers | 440/4 | €91,611 | €92,942 | +€1,331 | +1.5% |
| Taxes, remuneration and social security | 45 | €16,486 | €5,300 | -€11,185 | -67.8% |
| Taxes | 450/3 | €16,486 | €5,300 | -€11,185 | -67.8% |
| Other amounts payable | 47/48 | €395,245 | €458,177 | +€62,932 | +15.9% |
| Accrued charges and deferred income | 492/3 | €22,040 | €27,274 | +€5,234 | +23.7% |
| Operating income | 70/76A | €169,151 | €208,884 | +€39,733 | +23.5% |
| Turnover | 70 | €123,000 | €161,420 | +€38,420 | +31.2% |
| Other operating income | 74 | €38,288 | €46,115 | +€7,827 | +20.4% |
| Non-recurring operating income | 76A | €7,863 | €1,349 | -€6,514 | -82.8% |
| Operating charges | 60/66A | €193,890 | €210,138 | +€16,249 | +8.4% |
| Services and other goods | 61 | €115,477 | €125,746 | +€10,269 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,846 | €74,687 | +€3,841 | +5.4% |
| Other operating charges | 640/8 | €7,567 | €9,706 | +€2,138 | +28.3% |
| Operating profit (loss) | 9901 | -€24,739 | -€1,255 | +€23,485 | +94.9% |
| Financial income | 75/76B | €689 | €3,109 | +€2,420 | +351.3% |
| Recurring financial income | 75 | €689 | €3,109 | +€2,420 | +351.3% |
| Other financial income | 752/9 | €689 | €3,109 | +€2,420 | +351.3% |
| Financial charges | 65/66B | €94,488 | €32,221 | -€62,268 | -65.9% |
| Recurring financial charges | 65 | €16,351 | €31,729 | +€15,377 | +94.0% |
| Debt charges | 650 | €16,124 | €31,714 | +€15,590 | +96.7% |
| Other financial charges | 652/9 | €228 | €15 | -€213 | -93.4% |
| Non-recurring financial charges | 66B | €78,137 | €492 | -€77,645 | -99.4% |
| Profit (loss) for the period before taxes | 9903 | -€118,539 | -€30,367 | +€88,172 | +74.4% |
| Profit (loss) for the period | 9904 | -€118,539 | -€30,367 | +€88,172 | +74.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€118,539 | -€30,367 | +€88,172 | +74.4% |
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.