AGF PROJECTS: what changed
Two financial 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.
AGF PROJECTS
Largest movements
- Receivables within one year -€521
down €521 (-43.5%), from €1,196 to €675
- Profit (loss) carried forward -€410
down €410, from €139 to -€272
- Tax, wage and social debts -€110
no longer reported in 2023 (was €110)
- Gross operating margin -€1,271
no longer reported in 2023 (was €1,271)
- Depreciation -€750
no longer reported in 2023 (was €750)
- Other operating charges +€462
new in 2023: €462
- Financial charges -€119
no longer reported in 2023 (was €119)
- Taxes -€117
down €117, from €110 to -€7
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,249 | €728 | -€521 | -41.7% |
| Current assets | 29/58 | €1,249 | €728 | -€521 | -41.7% |
| Amounts receivable within one year | 40/41 | €1,196 | €675 | -€521 | -43.5% |
| Other amounts receivable | 41 | €1,196 | €675 | -€521 | -43.5% |
| Cash at bank and in hand | 54/58 | €53 | €53 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,249 | €728 | -€521 | -41.7% |
| Equity | 10/15 | €1,139 | €728 | -€410 | -36.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €139 | -€272 | -€410 | |
| Amounts payable | 17/49 | €110 | - | -€110 | |
| Amounts payable within one year | 42/48 | €110 | - | -€110 | |
| Taxes, remuneration and social security | 45 | €110 | - | -€110 | |
| Taxes | 450/3 | €110 | - | -€110 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €750 | - | -€750 | |
| Other operating charges | 640/8 | - | €462 | +€462 | |
| Gross operating margin | 9900 | €1,271 | - | -€1,271 | |
| Operating profit (loss) | 9901 | €521 | -€462 | -€983 | |
| Financial income | 75/76B | €38 | €45 | +€7 | +17.2% |
| Recurring financial income | 75 | €38 | €45 | +€7 | +17.2% |
| Financial charges | 65/66B | €119 | - | -€119 | |
| Recurring financial charges | 65 | €119 | - | -€119 | |
| Profit (loss) for the period before taxes | 9903 | €439 | -€417 | -€857 | |
| Income taxes | 67/77 | €110 | -€7 | -€117 | |
| Profit (loss) for the period | 9904 | €329 | -€410 | -€739 | |
| Profit (loss) for the period to be appropriated | 9905 | €329 | -€410 | -€739 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.