AGB Law: 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.
AGB Law
Largest movements
- Cash +€50,507
up €50,507 (+136.9%), from €36,886 to €87,393
mainly Net result for the year (+€36,833) and Tax, wage and social debts (+€18,072)
- Receivables within one year +€2,884
up €2,884 (+279.4%), from €1,032 to €3,917
of which Other amounts receivable: +€2,820
- Tangible fixed assets +€1,924
new in 2025: €1,924
- Profit (loss) carried forward +€36,833
up €36,833 (+143.6%), from €25,655 to €62,488
- Tax, wage and social debts +€18,072
up €18,072 (+274.1%), from €6,592 to €24,664
of which Taxes: +€14,977
- Other debts +€1,766
up €1,766 (+604.7%), from €292 to €2,058
- Gross operating margin +€14,878
up €14,878 (+45.5%), from €32,714 to €47,592
- Taxes +€3,266
up €3,266 (+49.5%), from €6,592 to €9,858
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 | €37,918 | €93,973 | +€56,054 | +147.8% |
| Fixed assets | 21/28 | - | €1,924 | +€1,924 | |
| Tangible fixed assets | 22/27 | - | €1,924 | +€1,924 | |
| Plant, machinery and equipment | 23 | - | €1,924 | +€1,924 | |
| Current assets | 29/58 | €37,918 | €92,049 | +€54,130 | +142.8% |
| Amounts receivable within one year | 40/41 | €1,032 | €3,917 | +€2,884 | +279.4% |
| Trade receivables | 40 | - | €64 | +€64 | |
| Other amounts receivable | 41 | €1,032 | €3,852 | +€2,820 | +273.2% |
| Cash at bank and in hand | 54/58 | €36,886 | €87,393 | +€50,507 | +136.9% |
| Deferred charges and accrued income | 490/1 | - | €739 | +€739 | |
| Total equity and liabilities | 10/49 | €37,918 | €93,973 | +€56,054 | +147.8% |
| Equity | 10/15 | €29,655 | €66,488 | +€36,833 | +124.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,655 | €62,488 | +€36,833 | +143.6% |
| Amounts payable | 17/49 | €8,264 | €27,485 | +€19,222 | +232.6% |
| Amounts payable within one year | 42/48 | €8,264 | €27,485 | +€19,222 | +232.6% |
| Trade debts | 44 | €1,380 | €764 | -€616 | -44.6% |
| Suppliers | 440/4 | €1,380 | €764 | -€616 | -44.6% |
| Taxes, remuneration and social security | 45 | €6,592 | €24,664 | +€18,072 | +274.1% |
| Taxes | 450/3 | €6,592 | €21,569 | +€14,977 | +227.2% |
| Remuneration and social security | 454/9 | - | €3,095 | +€3,095 | |
| Other amounts payable | 47/48 | €292 | €2,058 | +€1,766 | +604.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €341 | +€341 | |
| Other operating charges | 640/8 | €437 | €520 | +€82 | +18.8% |
| Gross operating margin | 9900 | €32,714 | €47,592 | +€14,878 | +45.5% |
| Operating profit (loss) | 9901 | €32,277 | €46,731 | +€14,454 | +44.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €30 | €40 | +€10 | +34.7% |
| Recurring financial charges | 65 | €30 | €40 | +€10 | +34.7% |
| Profit (loss) for the period before taxes | 9903 | €32,247 | €46,691 | +€14,444 | +44.8% |
| Income taxes | 67/77 | €6,592 | €9,858 | +€3,266 | +49.5% |
| Profit (loss) for the period | 9904 | €25,655 | €36,833 | +€11,178 | +43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,655 | €36,833 | +€11,178 | +43.6% |
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 8 October 2026 via checked.be.