AGENZ: what changed
AGENZ
Largest movements
- Cash +€3,703
up €3,703 (+307%), from €1,205 to €4,907
mainly Tax, wage and social debts (+€8,318) and Current portion of long-term debt (+€1,315)
- Receivables within one year +€2,531
up €2,531 (+24.1%), from €10,506 to €13,037
of which Trade receivables: +€3,462
- Financial fixed assets +€1,800
new in 2025: €1,800
- Tangible fixed assets +€1,148
new in 2025: €1,148
- Tax, wage and social debts +€8,318
up €8,318 (+92.1%), from €9,027 to €17,344
of which Taxes: +€9,594
- Trade debts -€1,598
down €1,598 (-42.4%), from €3,770 to €2,172
- Current portion of long-term debt +€1,315
new in 2025: €1,315
- Profit (loss) carried forward +€723
up €723 (+11.3%), from -€6,384 to -€5,661
- Other debts +€425
up €425 (+18.5%), from €2,298 to €2,723
- Gross operating margin +€6,763
up €6,763, from -€32 to €6,730
- Other operating charges +€1,761
up €1,761 (+290%), from €607 to €2,369
- Depreciation +€1,024
new in 2025: €1,024
- Taxes +€863
up €863 (+62.6%), from €1,380 to €2,243
- Financial charges -€102
down €102 (-20.3%), from €501 to €400
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,711 | €20,893 | +€9,182 | +78.4% |
| Fixed assets | 21/28 | - | €2,948 | +€2,948 | |
| Tangible fixed assets | 22/27 | - | €1,148 | +€1,148 | |
| Furniture and vehicles | 24 | - | €1,148 | +€1,148 | |
| Financial fixed assets | 28 | - | €1,800 | +€1,800 | |
| Current assets | 29/58 | €11,711 | €17,944 | +€6,234 | +53.2% |
| Amounts receivable within one year | 40/41 | €10,506 | €13,037 | +€2,531 | +24.1% |
| Trade receivables | 40 | €9,173 | €12,635 | +€3,462 | +37.7% |
| Other amounts receivable | 41 | €1,333 | €402 | -€931 | -69.8% |
| Cash at bank and in hand | 54/58 | €1,205 | €4,907 | +€3,703 | +307% |
| Total equity and liabilities | 10/49 | €11,711 | €20,893 | +€9,182 | +78.4% |
| Equity | 10/15 | -€3,384 | -€2,661 | +€723 | +21.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,384 | -€5,661 | +€723 | +11.3% |
| Amounts payable | 17/49 | €15,095 | €23,554 | +€8,459 | +56.0% |
| Amounts payable within one year | 42/48 | €15,095 | €23,554 | +€8,459 | +56.0% |
| Current portion of amounts payable after more than one year | 42 | - | €1,315 | +€1,315 | |
| Trade debts | 44 | €3,770 | €2,172 | -€1,598 | -42.4% |
| Suppliers | 440/4 | €3,770 | €2,172 | -€1,598 | -42.4% |
| Taxes, remuneration and social security | 45 | €9,027 | €17,344 | +€8,318 | +92.1% |
| Taxes | 450/3 | €5,904 | €15,498 | +€9,594 | +162% |
| Remuneration and social security | 454/9 | €3,122 | €1,846 | -€1,276 | -40.9% |
| Other amounts payable | 47/48 | €2,298 | €2,723 | +€425 | +18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,024 | +€1,024 | |
| Other operating charges | 640/8 | €607 | €2,369 | +€1,761 | +290% |
| Gross operating margin | 9900 | -€32 | €6,730 | +€6,763 | |
| Operating profit (loss) | 9901 | -€640 | €3,338 | +€3,978 | |
| Financial income | 75/76B | €13 | €27 | +€15 | +118% |
| Recurring financial income | 75 | €13 | €27 | +€15 | +118% |
| Financial charges | 65/66B | €501 | €400 | -€102 | -20.3% |
| Recurring financial charges | 65 | €501 | €400 | -€102 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,128 | €2,966 | +€4,094 | |
| Income taxes | 67/77 | €1,380 | €2,243 | +€863 | +62.6% |
| Profit (loss) for the period | 9904 | -€2,508 | €723 | +€3,231 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,508 | €723 | +€3,231 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.