AGES: what changed
AGES
Largest movements
- Receivables within one year +€7,842
up €7,842 (+405%), from €1,934 to €9,776
of which Other amounts receivable: +€8,112
- Cash -€7,761
down €7,761 (-29.4%), from €26,430 to €18,669
mainly Receivables within one year (-€7,842) and Tax, wage and social debts (-€2,088)
- Tax, wage and social debts -€2,088
down €2,088 (-67.6%), from €3,087 to €999
of which Remuneration and social security: -€2,108
- Other debts +€2,000
new in 2025: €2,000
- Financial charges -€165
down €165 (-96.5%), from €171 to €6
- Other operating charges +€90
up €90 (+19.2%), from €468 to €558
- Taxes +€87
up €87 (+53.7%), from €162 to €249
- Gross operating margin +€81
up €81 (+9.5%), from €856 to €937
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 | €35,514 | €35,386 | -€128 | -0.4% |
| Fixed assets | 21/28 | €6,941 | €6,941 | = | 0.0% |
| Tangible fixed assets | 22/27 | €6,941 | €6,941 | = | 0.0% |
| Land and buildings | 22 | €6,941 | €6,941 | = | 0.0% |
| Current assets | 29/58 | €28,573 | €28,445 | -€128 | -0.4% |
| Stocks and contracts in progress | 3 | €209 | - | -€209 | |
| Stocks | 30/36 | €209 | - | -€209 | |
| Amounts receivable within one year | 40/41 | €1,934 | €9,776 | +€7,842 | +405% |
| Trade receivables | 40 | €1,934 | €1,664 | -€270 | -14.0% |
| Other amounts receivable | 41 | - | €8,112 | +€8,112 | |
| Cash at bank and in hand | 54/58 | €26,430 | €18,669 | -€7,761 | -29.4% |
| Total equity and liabilities | 10/49 | €35,514 | €35,386 | -€128 | -0.4% |
| Equity | 10/15 | €32,201 | €32,325 | +€124 | +0.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,516 | €1,516 | = | 0.0% |
| Distributable reserves | 133 | €1,516 | €1,516 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,285 | €18,409 | +€124 | +0.7% |
| Amounts payable | 17/49 | €3,313 | €3,061 | -€252 | -7.6% |
| Amounts payable within one year | 42/48 | €3,313 | €3,061 | -€252 | -7.6% |
| Trade debts | 44 | €226 | €62 | -€164 | -72.6% |
| Suppliers | 440/4 | €226 | €62 | -€164 | -72.6% |
| Taxes, remuneration and social security | 45 | €3,087 | €999 | -€2,088 | -67.6% |
| Taxes | 450/3 | €979 | €999 | +€20 | +2.0% |
| Remuneration and social security | 454/9 | €2,108 | - | -€2,108 | |
| Other amounts payable | 47/48 | - | €2,000 | +€2,000 | |
| Other operating charges | 640/8 | €468 | €558 | +€90 | +19.2% |
| Gross operating margin | 9900 | €856 | €937 | +€81 | +9.5% |
| Operating profit (loss) | 9901 | €388 | €379 | -€9 | -2.3% |
| Financial charges | 65/66B | €171 | €6 | -€165 | -96.5% |
| Recurring financial charges | 65 | €171 | €6 | -€165 | -96.5% |
| Profit (loss) for the period before taxes | 9903 | €217 | €373 | +€156 | +71.9% |
| Income taxes | 67/77 | €162 | €249 | +€87 | +53.7% |
| Profit (loss) for the period | 9904 | €55 | €124 | +€69 | +125% |
| Profit (loss) for the period to be appropriated | 9905 | €55 | €124 | +€69 | +125% |
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.