AGBV Consult: 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.
AGBV Consult
Largest movements
- Cash +€49,423
up €49,423 (+50.0%), from €98,791 to €148,214
mainly Net result for the year (+€45,324) and Tax, wage and social debts (+€30,151)
- Tangible fixed assets +€8,166
up €8,166 (+94.2%), from €8,665 to €16,832
of which Plant, machinery and equipment: +€8,549
- Receivables within one year -€7,987
down €7,987 (-15.2%), from €52,376 to €44,390
of which Other amounts receivable: -€9,258
- Stocks and contracts -€4,529
down €4,529 (-36.0%), from €12,583 to €8,054
- Reserves +€45,324
up €45,324 (+48.7%), from €93,019 to €138,343
of which Distributable reserves: +€45,324
- Trade debts -€41,077
down €41,077 (-82.9%), from €49,552 to €8,475
- Tax, wage and social debts +€30,151
up €30,151 (+1954.8%), from €1,542 to €31,693
of which Taxes: +€30,723
- Accrued charges and deferred income +€18,597
up €18,597 (+188.0%), from €9,893 to €28,490
- Current portion of long-term debt -€8,672
no longer reported in 2024 (was €8,672)
- Gross operating margin -€34,809
down €34,809 (-23.5%), from €148,342 to €113,533
- Taxes +€9,299
up €9,299 (+68.5%), from €13,579 to €22,878
- Financial charges -€8,442
down €8,442 (-74.1%), from €11,391 to €2,948
- Staff costs -€5,040
down €5,040 (-13.7%), from €36,731 to €31,691
- Other operating charges -€2,328
down €2,328 (-25.9%), from €8,982 to €6,655
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €181,278 | €226,352 | +€45,074 | +24.9% |
| Fixed assets | 21/28 | €17,528 | €25,694 | +€8,166 | +46.6% |
| Tangible fixed assets | 22/27 | €8,665 | €16,832 | +€8,166 | +94.2% |
| Plant, machinery and equipment | 23 | €2,797 | €11,346 | +€8,549 | +305.7% |
| Furniture and vehicles | 24 | €5,868 | €5,486 | -€383 | -6.5% |
| Financial fixed assets | 28 | €8,862 | €8,862 | = | 0.0% |
| Current assets | 29/58 | €163,751 | €200,658 | +€36,907 | +22.5% |
| Stocks and contracts in progress | 3 | €12,583 | €8,054 | -€4,529 | -36.0% |
| Stocks | 30/36 | €12,583 | €8,054 | -€4,529 | -36.0% |
| Amounts receivable within one year | 40/41 | €52,376 | €44,390 | -€7,987 | -15.2% |
| Trade receivables | 40 | €36,113 | €37,385 | +€1,272 | +3.5% |
| Other amounts receivable | 41 | €16,263 | €7,004 | -€9,258 | -56.9% |
| Cash at bank and in hand | 54/58 | €98,791 | €148,214 | +€49,423 | +50.0% |
| Total equity and liabilities | 10/49 | €181,278 | €226,352 | +€45,074 | +24.9% |
| Equity | 10/15 | €111,619 | €156,943 | +€45,324 | +40.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €93,019 | €138,343 | +€45,324 | +48.7% |
| Non-distributable reserves | 130/1 | €1,689 | €1,689 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,689 | €1,689 | = | 0.0% |
| Distributable reserves | 133 | €91,330 | €136,654 | +€45,324 | +49.6% |
| Amounts payable | 17/49 | €69,659 | €69,408 | -€251 | -0.4% |
| Amounts payable within one year | 42/48 | €59,766 | €40,918 | -€18,848 | -31.5% |
| Current portion of amounts payable after more than one year | 42 | €8,672 | - | -€8,672 | |
| Trade debts | 44 | €49,552 | €8,475 | -€41,077 | -82.9% |
| Suppliers | 440/4 | €49,552 | €8,475 | -€41,077 | -82.9% |
| Taxes, remuneration and social security | 45 | €1,542 | €31,693 | +€30,151 | +1954.8% |
| Taxes | 450/3 | €970 | €31,693 | +€30,723 | +3166.9% |
| Remuneration and social security | 454/9 | €572 | - | -€572 | |
| Other amounts payable | 47/48 | - | €750 | +€750 | |
| Accrued charges and deferred income | 492/3 | €9,893 | €28,490 | +€18,597 | +188.0% |
| Remuneration, social security and pensions | 62 | €36,731 | €31,691 | -€5,040 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,598 | €4,037 | +€439 | +12.2% |
| Other operating charges | 640/8 | €8,982 | €6,655 | -€2,328 | -25.9% |
| Gross operating margin | 9900 | €148,342 | €113,533 | -€34,809 | -23.5% |
| Operating profit (loss) | 9901 | €99,030 | €71,150 | -€27,880 | -28.2% |
| Financial income | 75/76B | €624 | - | -€624 | |
| Recurring financial income | 75 | €624 | - | -€624 | |
| Financial charges | 65/66B | €11,391 | €2,948 | -€8,442 | -74.1% |
| Recurring financial charges | 65 | €11,391 | €2,948 | -€8,442 | -74.1% |
| Profit (loss) for the period before taxes | 9903 | €88,264 | €68,202 | -€20,062 | -22.7% |
| Income taxes | 67/77 | €13,579 | €22,878 | +€9,299 | +68.5% |
| Profit (loss) for the period | 9904 | €74,685 | €45,324 | -€29,361 | -39.3% |
| Profit (loss) for the period to be appropriated | 9905 | €74,685 | €45,324 | -€29,361 | -39.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.