AGESSYS: what changed
Two fiscal 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.
AGESSYS
Largest movements
- Cash -€14,554
down €14,554 (-6.5%), from €224,604 to €210,050
mainly Contributions, distributions and other (-€27,937) and Tax, wage and social debts (-€5,626)
- Receivables after one year -€7,387
down €7,387 (-62.3%), from €11,861 to €4,474
- Reserves -€11,957
down €11,957 (-6.1%), from €196,260 to €184,303
of which Distributable reserves: -€11,957
- Tax, wage and social debts -€5,626
down €5,626 (-36.0%), from €15,640 to €10,014
of which Taxes: -€5,337
- Gross operating margin -€56,320
down €56,320 (-71.0%), from €79,344 to €23,024
- Taxes -€14,355
down €14,355 (-68.6%), from €20,937 to €6,581
- Depreciation -€1,451
down €1,451 (-75.8%), from €1,915 to €464
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 | €296,786 | €273,537 | -€23,250 | -7.8% |
| Fixed assets | 21/28 | €17,031 | €16,568 | -€464 | -2.7% |
| Tangible fixed assets | 22/27 | €961 | €497 | -€464 | -48.2% |
| Furniture and vehicles | 24 | €961 | €497 | -€464 | -48.2% |
| Financial fixed assets | 28 | €16,071 | €16,071 | = | 0.0% |
| Current assets | 29/58 | €279,755 | €256,969 | -€22,786 | -8.1% |
| Amounts receivable after more than one year | 29 | €11,861 | €4,474 | -€7,387 | -62.3% |
| Other amounts receivable | 291 | €11,861 | €4,474 | -€7,387 | -62.3% |
| Amounts receivable within one year | 40/41 | €41,641 | €41,393 | -€248 | -0.6% |
| Trade receivables | 40 | €34,596 | €26,069 | -€8,526 | -24.6% |
| Other amounts receivable | 41 | €7,046 | €15,324 | +€8,278 | +117.5% |
| Cash at bank and in hand | 54/58 | €224,604 | €210,050 | -€14,554 | -6.5% |
| Deferred charges and accrued income | 490/1 | €1,648 | €1,052 | -€596 | -36.2% |
| Total equity and liabilities | 10/49 | €296,786 | €273,537 | -€23,250 | -7.8% |
| Equity | 10/15 | €244,481 | €231,335 | -€13,147 | -5.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €196,260 | €184,303 | -€11,957 | -6.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €194,400 | €182,443 | -€11,957 | -6.2% |
| Profit (loss) carried forward | 14 | €35,822 | €34,632 | -€1,190 | -3.3% |
| Amounts payable | 17/49 | €52,305 | €42,202 | -€10,103 | -19.3% |
| Amounts payable within one year | 42/48 | €52,305 | €42,054 | -€10,251 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €1,723 | - | -€1,723 | |
| Trade debts | 44 | €4,316 | €3,112 | -€1,204 | -27.9% |
| Suppliers | 440/4 | €4,316 | €3,112 | -€1,204 | -27.9% |
| Taxes, remuneration and social security | 45 | €15,640 | €10,014 | -€5,626 | -36.0% |
| Taxes | 450/3 | €12,132 | €6,794 | -€5,337 | -44.0% |
| Remuneration and social security | 454/9 | €3,509 | €3,220 | -€288 | -8.2% |
| Other amounts payable | 47/48 | €30,626 | €28,928 | -€1,698 | -5.5% |
| Accrued charges and deferred income | 492/3 | €0 | €148 | +€148 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,915 | €464 | -€1,451 | -75.8% |
| Other operating charges | 640/8 | €586 | €737 | +€151 | +25.7% |
| Gross operating margin | 9900 | €79,344 | €23,024 | -€56,320 | -71.0% |
| Operating profit (loss) | 9901 | €76,844 | €21,824 | -€55,020 | -71.6% |
| Financial income | 75/76B | €1,330 | €873 | -€457 | -34.3% |
| Recurring financial income | 75 | €1,330 | €873 | -€457 | -34.3% |
| Financial charges | 65/66B | €1,400 | €1,326 | -€74 | -5.3% |
| Recurring financial charges | 65 | €1,400 | €1,326 | -€74 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €76,774 | €21,371 | -€55,403 | -72.2% |
| Income taxes | 67/77 | €20,937 | €6,581 | -€14,355 | -68.6% |
| Profit (loss) for the period | 9904 | €55,838 | €14,790 | -€41,047 | -73.5% |
| Profit (loss) for the period to be appropriated | 9905 | €55,838 | €14,790 | -€41,047 | -73.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.