AGE FACTORY: 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.
AGE FACTORY
Largest movements
- Tangible fixed assets -€109,226
down €109,226 (-3.3%), from €3.3m to €3.2m
of which Assets under construction and advance payments: -€2.9m
- Debts after one year -€58,102
down €58,102 (-1.8%), from €3.2m to €3.2m
of which Financial debts: -€53,102
- Depreciation +€86,276
up €86,276 (+339.4%), from €25,421 to €111,697
- Gross operating margin +€69,466
up €69,466 (+255.9%), from €27,145 to €96,610
- Other operating charges +€5,401
up €5,401 (+246.5%), from €2,191 to €7,592
- Financial income +€3,319
up €3,319 (+13897.7%), from €24 to €3,343
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 | €3,297,087 | €3,212,118 | -€84,968 | -2.6% |
| Fixed assets | 21/28 | €3,290,248 | €3,181,022 | -€109,226 | -3.3% |
| Tangible fixed assets | 22/27 | €3,290,248 | €3,181,022 | -€109,226 | -3.3% |
| Land and buildings | 22 | €408,719 | €3,181,022 | +€2.8m | +678.3% |
| Assets under construction and advance payments | 27 | €2,881,529 | - | -€2.9m | |
| Current assets | 29/58 | €6,839 | €31,096 | +€24,258 | +354.7% |
| Amounts receivable within one year | 40/41 | €7 | - | -€7 | |
| Other amounts receivable | 41 | €7 | - | -€7 | |
| Cash at bank and in hand | 54/58 | €6,486 | €27,284 | +€20,798 | +320.7% |
| Deferred charges and accrued income | 490/1 | €346 | €3,812 | +€3,466 | +1002.7% |
| Total equity and liabilities | 10/49 | €3,297,087 | €3,212,118 | -€84,968 | -2.6% |
| Equity | 10/15 | -€8,062 | -€34,305 | -€26,243 | -325.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€139,484 | -€162,384 | -€22,900 | -16.4% |
| Investment grants | 15 | €111,422 | €108,079 | -€3,343 | -3.0% |
| Provisions and deferred taxes | 16 | €37,141 | €36,026 | -€1,114 | -3.0% |
| Deferred taxes | 168 | €37,141 | €36,026 | -€1,114 | -3.0% |
| Amounts payable | 17/49 | €3,268,008 | €3,210,397 | -€57,612 | -1.8% |
| Amounts payable after more than one year | 17 | €3,214,648 | €3,156,546 | -€58,102 | -1.8% |
| Financial debts | 170/4 | €589,672 | €536,569 | -€53,102 | -9.0% |
| Other amounts payable | 178/9 | €2,624,976 | €2,619,976 | -€5,000 | -0.2% |
| Amounts payable within one year | 42/48 | €52,635 | €53,102 | +€468 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €52,635 | €53,102 | +€468 | +0.9% |
| Accrued charges and deferred income | 492/3 | €726 | €749 | +€23 | +3.2% |
| Non-recurring operating income | 76A | - | €650 | +€650 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,421 | €111,697 | +€86,276 | +339.4% |
| Other operating charges | 640/8 | €2,191 | €7,592 | +€5,401 | +246.5% |
| Gross operating margin | 9900 | €27,145 | €96,610 | +€69,466 | +255.9% |
| Operating profit (loss) | 9901 | -€467 | -€22,679 | -€22,211 | -4751.1% |
| Financial income | 75/76B | €24 | €3,343 | +€3,319 | +13897.7% |
| Recurring financial income | 75 | €24 | €3,343 | +€3,319 | +13897.7% |
| Financial charges | 65/66B | €5,145 | €4,678 | -€467 | -9.1% |
| Recurring financial charges | 65 | €5,145 | €4,678 | -€467 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,589 | -€24,014 | -€18,425 | -329.7% |
| Transfer from deferred taxes | 780 | - | €1,114 | +€1,114 | |
| Profit (loss) for the period | 9904 | -€5,589 | -€22,900 | -€17,311 | -309.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,589 | -€22,900 | -€17,311 | -309.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.