AGEXIMMO: 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.
AGEXIMMO
Largest movements
- Receivables within one year +€67,426
up €67,426 (+34.9%), from €193,096 to €260,522
of which Other amounts receivable: +€67,337
- Cash -€61,114
down €61,114 (-70.1%), from €87,183 to €26,069
mainly Receivables within one year (-€67,426) and Other debts (-€6,733)
- Tangible fixed assets -€4,308
down €4,308 (-27.3%), from €15,791 to €11,482
of which Furniture and vehicles: -€4,308
- Reserves +€8,000
up €8,000 (+3.7%), from €215,600 to €223,600
of which Distributable reserves: +€8,000
- Other debts -€6,733
down €6,733 (-100.0%), from €6,733 to €0
- Tax, wage and social debts +€3,360
up €3,360 (+872.7%), from €385 to €3,745
- Gross operating margin +€11,487
up €11,487 (+232.4%), from €4,943 to €16,430
- Taxes +€3,413
up €3,413 (+709.6%), from €481 to €3,894
- Depreciation +€373
up €373 (+9.5%), from €3,935 to €4,308
- Financial income +€171
up €171 (+52.8%), from €323 to €493
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 | €296,069 | €298,448 | +€2,379 | +0.8% |
| Fixed assets | 21/28 | €15,791 | €11,482 | -€4,308 | -27.3% |
| Tangible fixed assets | 22/27 | €15,791 | €11,482 | -€4,308 | -27.3% |
| Furniture and vehicles | 24 | €15,791 | €11,482 | -€4,308 | -27.3% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €280,278 | €286,966 | +€6,687 | +2.4% |
| Amounts receivable within one year | 40/41 | €193,096 | €260,522 | +€67,426 | +34.9% |
| Trade receivables | 40 | €15,235 | €15,324 | +€89 | +0.6% |
| Other amounts receivable | 41 | €177,861 | €245,198 | +€67,337 | +37.9% |
| Cash at bank and in hand | 54/58 | €87,183 | €26,069 | -€61,114 | -70.1% |
| Deferred charges and accrued income | 490/1 | - | €375 | +€375 | |
| Total equity and liabilities | 10/49 | €296,069 | €298,448 | +€2,379 | +0.8% |
| Equity | 10/15 | €286,457 | €294,625 | +€8,168 | +2.9% |
| Contributions | 10/11 | €70,400 | €70,400 | = | 0.0% |
| Reserves | 13 | €215,600 | €223,600 | +€8,000 | +3.7% |
| Tax-exempt reserves | 132 | €6,600 | €6,600 | = | 0.0% |
| Distributable reserves | 133 | €209,000 | €217,000 | +€8,000 | +3.8% |
| Profit (loss) carried forward | 14 | €457 | €625 | +€168 | +36.8% |
| Amounts payable | 17/49 | €9,612 | €3,823 | -€5,789 | -60.2% |
| Amounts payable within one year | 42/48 | €9,612 | €3,823 | -€5,789 | -60.2% |
| Trade debts | 44 | €2,494 | €78 | -€2,416 | -96.9% |
| Suppliers | 440/4 | €2,494 | €78 | -€2,416 | -96.9% |
| Taxes, remuneration and social security | 45 | €385 | €3,745 | +€3,360 | +872.7% |
| Taxes | 450/3 | €385 | €3,745 | +€3,360 | +872.7% |
| Other amounts payable | 47/48 | €6,733 | €0 | -€6,733 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,935 | €4,308 | +€373 | +9.5% |
| Other operating charges | 640/8 | €487 | €500 | +€12 | +2.5% |
| Gross operating margin | 9900 | €4,943 | €16,430 | +€11,487 | +232.4% |
| Operating profit (loss) | 9901 | €521 | €11,622 | +€11,101 | +2132.1% |
| Financial income | 75/76B | €323 | €493 | +€171 | +52.8% |
| Recurring financial income | 75 | €323 | €493 | +€171 | +52.8% |
| Financial charges | 65/66B | €65 | €53 | -€12 | -18.1% |
| Recurring financial charges | 65 | €65 | €53 | -€12 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €779 | €12,063 | +€11,284 | +1448.7% |
| Income taxes | 67/77 | €481 | €3,894 | +€3,413 | +709.6% |
| Profit (loss) for the period | 9904 | €298 | €8,168 | +€7,870 | +2642.2% |
| Profit (loss) for the period to be appropriated | 9905 | €298 | €8,168 | +€7,870 | +2642.2% |
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 4 October 2026 via checked.be.