AGFA FINANCE: 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.
What changed
AGFA FINANCE
NACE 64.910, Financial service activities, except insurance and pension funding
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€172,549
2024 · €2.2m-€2.4m
Equity
€52.4m
2024 · €52.5m-€172,549
Cash
€3,009
2024 · €3,549-€540
Balance sheet total
€68.1m
2024 · €73.7m-€5.7m
Largest movements
Assets
- Receivables after one year -€9.9m
down €9.9m (-44.9%), from €22.1m to €12.2m
- Receivables within one year +€5.4m
up €5.4m (+14.3%), from €38.2m to €43.6m
of which Other amounts receivable: +€7.1m
- Tangible fixed assets -€798,103
down €798,103 (-70.0%), from €1.1m to €341,579
Equity and liabilities
- Other debts -€3.9m
down €3.9m (-23.4%), from €16.8m to €12.9m
- Trade debts -€1.6m
down €1.6m (-42.4%), from €3.9m to €2.2m
Income statement
- Financial income -€1.6m
down €1.6m (-36.9%), from €4.3m to €2.7m
of which Financial income: -€1.5m
- Financial charges +€1.0m
up €1.0m (+211%), from €477,279 to €1.5m
of which Financial charges: +€707,395
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.
Result 2024
€2.2m
Staff costs
-€14,791
Other operating charges
-€46,616
Other operating items
+€68,824
Financial income
-€1.6m
Financial charges
-€1.0m
Taxes
+€153,112
Result 2025
-€172,549
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
-€1.1m
Investment
+€1.1m
Financing
-€46
Cash 2024
€3,549
From operations (derived)
-€1.1m
Net result for the year
-€172,549
Receivables after one year
+€9.9m
Receivables within one year
-€5.4m
Deferred charges and accrued income
+€107,706
Provisions
+€64,800
Trade debts
-€1.6m
Smaller working-capital items
+€8,078
Other debts
-€3.9m
Investment (derived)
+€1.1m
Investment in fixed assets (net)
+€1.1m
Financing
-€46
Short-term financial debts
-€46
Contributions, distributions and other
+€0
Cash 2025
€3,009
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,746,715 | €68,052,507 | -€5.7m | -7.7% |
| Fixed assets | 21/28 | €13,108,130 | €12,011,159 | -€1.1m | -8.4% |
| Tangible fixed assets | 22/27 | €1,139,682 | €341,579 | -€798,103 | -70.0% |
| Other tangible fixed assets | 26 | €1,139,682 | €341,579 | -€798,103 | -70.0% |
| Financial fixed assets | 28 | €11,968,447 | €11,669,579 | -€298,868 | -2.5% |
| Affiliated companies | 280/1 | €11,968,447 | €11,669,579 | -€298,868 | -2.5% |
| Participating interests | 280 | €11,968,447 | €11,669,579 | -€298,868 | -2.5% |
| Current assets | 29/58 | €60,638,585 | €56,041,349 | -€4.6m | -7.6% |
| Amounts receivable after more than one year | 29 | €22,136,223 | €12,201,798 | -€9.9m | -44.9% |
| Other amounts receivable | 291 | €22,136,223 | €12,201,798 | -€9.9m | -44.9% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €38,201,725 | €43,647,159 | +€5.4m | +14.3% |
| Trade receivables | 40 | €3,999,808 | €2,340,209 | -€1.7m | -41.5% |
| Other amounts receivable | 41 | €34,201,917 | €41,306,950 | +€7.1m | +20.8% |
| Cash at bank and in hand | 54/58 | €3,549 | €3,009 | -€540 | -15.2% |
| Deferred charges and accrued income | 490/1 | €297,088 | €189,382 | -€107,706 | -36.3% |
| Total equity and liabilities | 10/49 | €73,746,715 | €68,052,507 | -€5.7m | -7.7% |
| Equity | 10/15 | €52,539,492 | €52,366,943 | -€172,549 | -0.3% |
| Contributions | 10/11 | €24,552,962 | €24,552,962 | +€0 | 0.0% |
| Capital | 10 | €24,552,962 | €24,552,962 | +€0 | 0.0% |
| Issued capital | 100 | €24,552,962 | €24,552,962 | +€0 | 0.0% |
| Reserves | 13 | €2,287,265 | €2,287,265 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,287,265 | €2,287,265 | = | 0.0% |
| Legal reserve | 130 | €2,287,265 | €2,287,265 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,699,265 | €25,526,716 | -€172,549 | -0.7% |
| Provisions and deferred taxes | 16 | - | €64,800 | +€64,800 | |
| Provisions for liabilities and charges | 160/5 | - | €64,800 | +€64,800 | |
| Other liabilities and charges | 164/5 | - | €64,800 | +€64,800 | |
| Amounts payable | 17/49 | €21,207,223 | €15,620,765 | -€5.6m | -26.3% |
| Amounts payable within one year | 42/48 | €21,189,346 | €15,618,693 | -€5.6m | -26.3% |
| Financial debts | 43 | €265 | €219 | -€46 | -17.4% |
| Credit institutions | 430/8 | €265 | €219 | -€46 | -17.4% |
| Trade debts | 44 | €3,885,746 | €2,239,048 | -€1.6m | -42.4% |
| Suppliers | 440/4 | €3,885,746 | €2,239,048 | -€1.6m | -42.4% |
| Advances received on contracts in progress | 46 | €0 | €2,986 | +€2,986 | |
| Taxes, remuneration and social security | 45 | €463,454 | €484,351 | +€20,897 | +4.5% |
| Taxes | 450/3 | €281,281 | €304,275 | +€22,994 | +8.2% |
| Remuneration and social security | 454/9 | €182,173 | €180,076 | -€2,097 | -1.2% |
| Other amounts payable | 47/48 | €16,839,881 | €12,892,090 | -€3.9m | -23.4% |
| Accrued charges and deferred income | 492/3 | €17,877 | €2,072 | -€15,805 | -88.4% |
| Operating income | 70/76A | €280,989 | €353,777 | +€72,788 | +25.9% |
| Other operating income | 74 | €280,881 | €353,206 | +€72,325 | +25.7% |
| Non-recurring operating income | 76A | €108 | €571 | +€463 | +429% |
| Operating charges | 60/66A | €1,503,701 | €1,569,073 | +€65,371 | +4.3% |
| Services and other goods | 61 | €526,821 | €461,196 | -€65,625 | -12.5% |
| Remuneration, social security and pensions | 62 | €973,016 | €987,807 | +€14,791 | +1.5% |
| Other operating charges | 640/8 | €3,629 | €50,244 | +€46,616 | +1,285% |
| Non-recurring operating charges | 66A | €235 | €69,825 | +€69,589 | +29,555% |
| Operating profit (loss) | 9901 | -€1,222,712 | -€1,215,295 | +€7,417 | +0.6% |
| Financial income | 75/76B | €4,259,026 | €2,688,498 | -€1.6m | -36.9% |
| Recurring financial income | 75 | €4,157,411 | €2,688,498 | -€1.5m | -35.3% |
| Income from current assets | 751 | €3,437,901 | €2,637,967 | -€799,934 | -23.3% |
| Other financial income | 752/9 | €719,510 | €50,531 | -€668,978 | -93.0% |
| Non-recurring financial income | 76B | €101,616 | €0 | -€101,616 | -100% |
| Financial charges | 65/66B | €477,279 | €1,483,543 | +€1.0m | +211% |
| Recurring financial charges | 65 | €477,279 | €1,184,674 | +€707,395 | +148% |
| Debt charges | 650 | €438,282 | €344,800 | -€93,482 | -21.3% |
| Other financial charges | 652/9 | €38,997 | €839,875 | +€800,878 | +2,054% |
| Non-recurring financial charges | 66B | - | €298,868 | +€298,868 | |
| Profit (loss) for the period before taxes | 9903 | €2,559,035 | -€10,339 | -€2.6m | |
| Income taxes | 67/77 | €315,323 | €162,210 | -€153,112 | -48.6% |
| Taxes | 670/3 | €315,323 | €172,362 | -€142,961 | -45.3% |
| Tax adjustments and reversals of tax provisions | 77 | - | €10,152 | +€10,152 | |
| Profit (loss) for the period | 9904 | €2,243,712 | -€172,549 | -€2.4m | |
| Profit (loss) for the period to be appropriated | 9905 | €2,243,712 | -€172,549 | -€2.4m |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.