AGEV: 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.
AGEV
Largest movements
- Tangible fixed assets -€11,276
down €11,276 (-5.8%), from €195,132 to €183,856
of which Land and buildings: -€10,837
- Current investments -€10,000
down €10,000 (-16.7%), from €60,000 to €50,000
- Profit (loss) carried forward -€14,252
down €14,252 (-17.4%), from €82,014 to €67,762
- Other debts -€8,321
down €8,321 (-16.0%), from €51,870 to €43,549
- Financial income -€655
down €655 (-29.8%), from €2,198 to €1,543
- Other operating charges +€396
up €396 (+12.8%), from €3,105 to €3,501
- Depreciation -€248
down €248 (-2.2%), from €11,506 to €11,257
- Gross operating margin -€200
down €200 (-48.5%), from -€412 to -€612
- Financial charges +€70
up €70 (+77.5%), from €90 to €160
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 | €278,303 | €257,326 | -€20,977 | -7.5% |
| Fixed assets | 21/28 | €195,132 | €183,856 | -€11,276 | -5.8% |
| Tangible fixed assets | 22/27 | €195,132 | €183,856 | -€11,276 | -5.8% |
| Land and buildings | 22 | €193,788 | €182,951 | -€10,837 | -5.6% |
| Plant, machinery and equipment | 23 | €630 | €557 | -€73 | -11.6% |
| Furniture and vehicles | 24 | €18 | - | -€18 | |
| Leasing and similar rights | 25 | €695 | €347 | -€347 | -50.0% |
| Current assets | 29/58 | €83,172 | €73,470 | -€9,702 | -11.7% |
| Stocks and contracts in progress | 3 | €6,000 | €6,000 | = | 0.0% |
| Stocks | 30/36 | €6,000 | €6,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,891 | €7,531 | +€640 | +9.3% |
| Trade receivables | 40 | €6,591 | €6,991 | +€400 | +6.1% |
| Other amounts receivable | 41 | €300 | €541 | +€241 | +80.2% |
| Current investments | 50/53 | €60,000 | €50,000 | -€10,000 | -16.7% |
| Cash at bank and in hand | 54/58 | €6,915 | €6,552 | -€363 | -5.2% |
| Deferred charges and accrued income | 490/1 | €3,366 | €3,386 | +€21 | +0.6% |
| Total equity and liabilities | 10/49 | €278,303 | €257,326 | -€20,977 | -7.5% |
| Equity | 10/15 | €223,514 | €209,262 | -€14,252 | -6.4% |
| Contributions | 10/11 | €115,000 | €115,000 | = | 0.0% |
| Reserves | 13 | €26,500 | €26,500 | = | 0.0% |
| Distributable reserves | 133 | €26,500 | €26,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,014 | €67,762 | -€14,252 | -17.4% |
| Amounts payable | 17/49 | €54,789 | €48,064 | -€6,726 | -12.3% |
| Amounts payable within one year | 42/48 | €54,789 | €48,064 | -€6,726 | -12.3% |
| Trade debts | 44 | €2,459 | €4,084 | +€1,625 | +66.1% |
| Suppliers | 440/4 | €2,459 | €4,084 | +€1,625 | +66.1% |
| Taxes, remuneration and social security | 45 | €460 | €431 | -€30 | -6.5% |
| Taxes | 450/3 | €460 | €431 | -€30 | -6.5% |
| Other amounts payable | 47/48 | €51,870 | €43,549 | -€8,321 | -16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,506 | €11,257 | -€248 | -2.2% |
| Other operating charges | 640/8 | €3,105 | €3,501 | +€396 | +12.8% |
| Non-recurring operating charges | 66A | - | €18 | +€18 | |
| Gross operating margin | 9900 | -€412 | -€612 | -€200 | -48.5% |
| Operating profit (loss) | 9901 | -€15,022 | -€15,388 | -€366 | -2.4% |
| Financial income | 75/76B | €2,198 | €1,543 | -€655 | -29.8% |
| Recurring financial income | 75 | €2,198 | €1,543 | -€655 | -29.8% |
| Financial charges | 65/66B | €90 | €160 | +€70 | +77.5% |
| Recurring financial charges | 65 | €90 | €160 | +€70 | +77.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,915 | -€14,005 | -€1,090 | -8.4% |
| Income taxes | 67/77 | €205 | €247 | +€41 | +20.1% |
| Profit (loss) for the period | 9904 | -€13,120 | -€14,252 | -€1,132 | -8.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,120 | -€14,252 | -€1,132 | -8.6% |
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 3 October 2026 via checked.be.