AGC Processing Belgium: 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.
What changed
AGC Processing Belgium
NACE 23.120, Manufacture of other non-metallic mineral products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€414,499
2024 · -€345,997-€68,501
Equity
€6.2m
2024 · €6.6m-€414,499
Cash
€4,289
2024 · €1,575+€2,714
Balance sheet total
€8.4m
2024 · €8.6m-€227,966
Largest movements
Assets
- Receivables within one year -€136,260
down €136,260 (-9.7%), from €1.4m to €1.3m
of which Trade receivables: -€101,147
- Tangible fixed assets -€98,611
down €98,611 (-7.1%), from €1.4m to €1.3m
of which Plant, machinery and equipment: -€76,711
Equity and liabilities
- Short-term financial debts +€582,314
up €582,314 (+92.2%), from €631,408 to €1.2m
of which Other loans: +€579,513
- Profit (loss) carried forward -€414,499
down €414,499 (-973%), from -€42,607 to -€457,106
- Trade debts -€317,360
down €317,360 (-36.3%), from €874,118 to €556,758
Income statement
- Turnover -€1.5m
down €1.5m (-13.0%), from €11.8m to €10.3m
- Goods and materials -€1.1m
down €1.1m (-14.3%), from €7.5m to €6.4m
of which Purchases: -€972,657
- Staff costs -€228,387
down €228,387 (-9.0%), from €2.5m to €2.3m
- Taxes -€149,125
down €149,125 (-99.4%), from €150,017 to €893
- Services and other goods -€124,066
down €124,066 (-6.4%), from €1.9m to €1.8m
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.
Result 2024
-€345,997
Turnover
-€1.5m
Other operating income
-€73,442
Goods and materials
+€1.1m
Services and other goods
+€124,066
Staff costs
+€228,387
Depreciation
-€21,733
Write-downs
+€7,363
Provisions
+€6,866
Other operating charges
-€7,004
Other operating items
-€6,320
Financial income
-€16,023
Financial charges
+€3,582
Taxes
+€149,125
Result 2025
-€414,499
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
-€560,343
Investment
-€14,917
Financing
+€577,974
Cash 2024
€1,575
From operations (derived)
-€560,343
Net result for the year
-€414,499
Depreciation
+€113,663
Receivables after one year
-€8,781
Stocks and contracts
+€22,584
Receivables within one year
+€136,260
Deferred charges and accrued income
-€18,129
Provisions
-€9,734
Trade debts
-€317,360
Tax, wage and social debts
-€60,031
Other debts
-€36
Accrued charges and deferred income
-€4,280
Investment (derived)
-€14,917
Investment in fixed assets (net)
-€14,917
Financing
+€577,974
Current portion of long-term debt
-€4,340
Short-term financial debts
+€582,314
Cash 2025
€4,289
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,635,251 | €8,407,284 | -€227,966 | -2.6% |
| Fixed assets | 21/28 | €6,431,246 | €6,332,499 | -€98,746 | -1.5% |
| Tangible fixed assets | 22/27 | €1,389,649 | €1,291,038 | -€98,611 | -7.1% |
| Land and buildings | 22 | €840,488 | €820,961 | -€19,527 | -2.3% |
| Plant, machinery and equipment | 23 | €540,608 | €463,897 | -€76,711 | -14.2% |
| Furniture and vehicles | 24 | €4,720 | €6,180 | +€1,460 | +30.9% |
| Leasing and similar rights | 25 | €3,833 | - | -€3,833 | |
| Financial fixed assets | 28 | €5,041,597 | €5,041,462 | -€135 | 0.0% |
| Affiliated companies | 280/1 | €5,041,262 | €5,041,262 | = | 0.0% |
| Participating interests | 280 | €5,041,262 | €5,041,262 | = | 0.0% |
| Other financial fixed assets | 284/8 | €334 | €199 | -€135 | -40.4% |
| Shares | 284 | €64 | €64 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €270 | €135 | -€135 | -50.0% |
| Current assets | 29/58 | €2,204,005 | €2,074,785 | -€129,220 | -5.9% |
| Amounts receivable after more than one year | 29 | €31,159 | €39,940 | +€8,781 | +28.2% |
| Other amounts receivable | 291 | €31,159 | €39,940 | +€8,781 | +28.2% |
| Stocks and contracts in progress | 3 | €722,093 | €699,510 | -€22,584 | -3.1% |
| Stocks | 30/36 | €722,093 | €699,510 | -€22,584 | -3.1% |
| Raw materials and consumables | 30/31 | €595,827 | €571,356 | -€24,471 | -4.1% |
| Work in progress | 32 | €3,255 | €669 | -€2,586 | -79.5% |
| Finished goods | 33 | €48,457 | €30,800 | -€17,657 | -36.4% |
| Goods purchased for resale | 34 | €74,554 | €96,684 | +€22,130 | +29.7% |
| Amounts receivable within one year | 40/41 | €1,401,999 | €1,265,739 | -€136,260 | -9.7% |
| Trade receivables | 40 | €1,227,227 | €1,126,079 | -€101,147 | -8.2% |
| Other amounts receivable | 41 | €174,772 | €139,660 | -€35,113 | -20.1% |
| Cash at bank and in hand | 54/58 | €1,575 | €4,289 | +€2,714 | +172% |
| Deferred charges and accrued income | 490/1 | €47,179 | €65,307 | +€18,129 | +38.4% |
| Total equity and liabilities | 10/49 | €8,635,251 | €8,407,284 | -€227,966 | -2.6% |
| Equity | 10/15 | €6,637,126 | €6,222,627 | -€414,499 | -6.2% |
| Contributions | 10/11 | €6,606,447 | €6,606,447 | = | 0.0% |
| Capital | 10 | €6,606,447 | €6,606,447 | = | 0.0% |
| Issued capital | 100 | €6,606,447 | €6,606,447 | = | 0.0% |
| Reserves | 13 | €73,286 | €73,286 | = | 0.0% |
| Non-distributable reserves | 130/1 | €62,131 | €73,286 | +€11,155 | +18.0% |
| Legal reserve | 130 | €62,131 | €62,131 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €11,155 | +€11,155 | |
| Tax-exempt reserves | 132 | €11,155 | - | -€11,155 | |
| Profit (loss) carried forward | 14 | -€42,607 | -€457,106 | -€414,499 | -973% |
| Provisions and deferred taxes | 16 | €41,899 | €32,165 | -€9,734 | -23.2% |
| Provisions for liabilities and charges | 160/5 | €41,899 | €32,165 | -€9,734 | -23.2% |
| Other liabilities and charges | 164/5 | €41,899 | €32,165 | -€9,734 | -23.2% |
| Amounts payable | 17/49 | €1,956,226 | €2,152,492 | +€196,266 | +10.0% |
| Amounts payable within one year | 42/48 | €1,898,710 | €2,099,257 | +€200,546 | +10.6% |
| Current portion of amounts payable after more than one year | 42 | €4,340 | - | -€4,340 | |
| Financial debts | 43 | €631,408 | €1,213,722 | +€582,314 | +92.2% |
| Credit institutions | 430/8 | - | €2,800 | +€2,800 | |
| Other loans | 439 | €631,408 | €1,210,922 | +€579,513 | +91.8% |
| Trade debts | 44 | €874,118 | €556,758 | -€317,360 | -36.3% |
| Suppliers | 440/4 | €874,118 | €556,758 | -€317,360 | -36.3% |
| Taxes, remuneration and social security | 45 | €388,756 | €328,725 | -€60,031 | -15.4% |
| Taxes | 450/3 | €55,638 | €69,632 | +€13,993 | +25.2% |
| Remuneration and social security | 454/9 | €333,118 | €259,094 | -€74,024 | -22.2% |
| Other amounts payable | 47/48 | €88 | €51 | -€36 | -41.5% |
| Accrued charges and deferred income | 492/3 | €57,515 | €53,235 | -€4,280 | -7.4% |
| Operating income | 70/76A | €11,992,802 | €10,370,200 | -€1.6m | -13.5% |
| Turnover | 70 | €11,827,628 | €10,294,970 | -€1.5m | -13.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€3,742 | -€20,243 | -€16,501 | -441% |
| Other operating income | 74 | €168,915 | €95,472 | -€73,442 | -43.5% |
| Operating charges | 60/66A | €12,169,071 | €10,751,655 | -€1.4m | -11.6% |
| Goods for resale, raw materials and consumables | 60 | €7,478,233 | €6,408,943 | -€1.1m | -14.3% |
| Purchases | 600/8 | €7,379,027 | €6,406,371 | -€972,657 | -13.2% |
| Change in stocks: decrease (increase) | 609 | €99,205 | €2,572 | -€96,634 | -97.4% |
| Services and other goods | 61 | €1,944,576 | €1,820,510 | -€124,066 | -6.4% |
| Remuneration, social security and pensions | 62 | €2,541,212 | €2,312,824 | -€228,387 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,930 | €113,663 | +€21,733 | +23.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,132 | -€231 | -€7,363 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,868 | -€9,734 | -€6,866 | -239% |
| Other operating charges | 640/8 | €98,676 | €105,680 | +€7,004 | +7.1% |
| Non-recurring operating charges | 66A | €10,182 | - | -€10,182 | |
| Operating profit (loss) | 9901 | -€176,270 | -€381,455 | -€205,186 | -116% |
| Financial income | 75/76B | €17,912 | €1,890 | -€16,023 | -89.4% |
| Recurring financial income | 75 | €17,912 | €1,890 | -€16,023 | -89.4% |
| Income from current assets | 751 | €17,912 | €1,890 | -€16,022 | -89.4% |
| Other financial income | 752/9 | €1 | - | -€1 | |
| Financial charges | 65/66B | €37,622 | €34,040 | -€3,582 | -9.5% |
| Recurring financial charges | 65 | €37,622 | €34,040 | -€3,582 | -9.5% |
| Debt charges | 650 | €34,654 | €30,859 | -€3,795 | -11.0% |
| Other financial charges | 652/9 | €2,969 | €3,181 | +€213 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | -€195,980 | -€413,606 | -€217,626 | -111% |
| Income taxes | 67/77 | €150,017 | €893 | -€149,125 | -99.4% |
| Taxes | 670/3 | €150,017 | €893 | -€149,125 | -99.4% |
| Profit (loss) for the period | 9904 | -€345,997 | -€414,499 | -€68,501 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€345,997 | -€414,499 | -€68,501 | -19.8% |
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 15 October 2026 via checked.be.