AGEGE: 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.
AGEGE
Largest movements
- Cash +€11,946
up €11,946 (+75.0%), from €15,935 to €27,882
mainly Net result for the year (+€25,488) and Other debts (+€10,430)
- Tangible fixed assets +€4,983
up €4,983 (+109%), from €4,559 to €9,542
of which Plant, machinery and equipment: +€6,713
- Other debts +€10,430
up €10,430 (+2,986%), from €349 to €10,779
- Reserves +€2,825
up €2,825 (+4.6%), from €61,435 to €64,261
- Tax, wage and social debts +€2,155
up €2,155 (+60.9%), from €3,540 to €5,695
- Trade debts +€1,286
up €1,286 (+90.5%), from €1,420 to €2,706
- Gross operating margin +€44,245
up €44,245, from -€6,744 to €37,501
- Taxes +€8,224
up €8,224 (+3,737%), from €220 to €8,444
- Other operating charges -€768
down €768 (-84.8%), from €906 to €138
- Depreciation +€541
up €541 (+23.7%), from €2,281 to €2,822
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €69,041 | €85,737 | +€16,696 | +24.2% |
| Fixed assets | 21/28 | €4,559 | €9,542 | +€4,983 | +109% |
| Tangible fixed assets | 22/27 | €4,559 | €9,542 | +€4,983 | +109% |
| Plant, machinery and equipment | 23 | €471 | €7,185 | +€6,713 | +1,424% |
| Furniture and vehicles | 24 | €4,088 | €2,357 | -€1,730 | -42.3% |
| Current assets | 29/58 | €64,482 | €76,196 | +€11,713 | +18.2% |
| Amounts receivable within one year | 40/41 | €47,466 | €47,161 | -€305 | -0.6% |
| Trade receivables | 40 | €14,520 | €25,120 | +€10,600 | +73.0% |
| Other amounts receivable | 41 | €32,946 | €22,041 | -€10,905 | -33.1% |
| Cash at bank and in hand | 54/58 | €15,935 | €27,882 | +€11,946 | +75.0% |
| Deferred charges and accrued income | 490/1 | €1,080 | €1,153 | +€73 | +6.7% |
| Total equity and liabilities | 10/49 | €69,041 | €85,737 | +€16,696 | +24.2% |
| Equity | 10/15 | €63,732 | €66,558 | +€2,825 | +4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €61,435 | €64,261 | +€2,825 | +4.6% |
| Distributable reserves | 133 | €61,435 | €64,261 | +€2,825 | +4.6% |
| Profit (loss) carried forward | 14 | -€16,303 | -€16,303 | = | 0.0% |
| Amounts payable | 17/49 | €5,309 | €19,180 | +€13,871 | +261% |
| Amounts payable within one year | 42/48 | €5,309 | €19,180 | +€13,871 | +261% |
| Trade debts | 44 | €1,420 | €2,706 | +€1,286 | +90.5% |
| Suppliers | 440/4 | €1,420 | €2,706 | +€1,286 | +90.5% |
| Taxes, remuneration and social security | 45 | €3,540 | €5,695 | +€2,155 | +60.9% |
| Taxes | 450/3 | €3,540 | €5,695 | +€2,155 | +60.9% |
| Other amounts payable | 47/48 | €349 | €10,779 | +€10,430 | +2,986% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,281 | €2,822 | +€541 | +23.7% |
| Other operating charges | 640/8 | €906 | €138 | -€768 | -84.8% |
| Gross operating margin | 9900 | -€6,744 | €37,501 | +€44,245 | |
| Operating profit (loss) | 9901 | -€9,932 | €34,541 | +€44,472 | |
| Financial income | 75/76B | €244 | - | -€244 | |
| Recurring financial income | 75 | €244 | - | -€244 | |
| Financial charges | 65/66B | €303 | €608 | +€306 | +101% |
| Recurring financial charges | 65 | €303 | €608 | +€306 | +101% |
| Profit (loss) for the period before taxes | 9903 | -€9,990 | €33,932 | +€43,923 | |
| Income taxes | 67/77 | €220 | €8,444 | +€8,224 | +3,737% |
| Profit (loss) for the period | 9904 | -€10,210 | €25,488 | +€35,699 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,210 | €25,488 | +€35,699 |
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 28 October 2026 via checked.be.