AGHA: 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.
AGHA
Largest movements
- Tangible fixed assets -€46,363
down €46,363 (-4.9%), from €952,662 to €906,299
- Debts after one year -€24,145
down €24,145 (-7.3%), from €331,736 to €307,591
- Profit (loss) carried forward -€14,031
down €14,031 (-7.0%), from -€199,176 to -€213,207
- Financial charges -€4,114
down €4,114 (-12.8%), from €32,094 to €27,980
- Gross operating margin +€1,075
up €1,075 (+1.7%), from €63,617 to €64,692
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 | €953,973 | €907,545 | -€46,427 | -4.9% |
| Fixed assets | 21/28 | €952,662 | €906,299 | -€46,363 | -4.9% |
| Tangible fixed assets | 22/27 | €952,662 | €906,299 | -€46,363 | -4.9% |
| Land and buildings | 22 | €952,662 | €906,299 | -€46,363 | -4.9% |
| Current assets | 29/58 | €1,311 | €1,247 | -€64 | -4.9% |
| Cash at bank and in hand | 54/58 | €1,311 | €1,247 | -€64 | -4.9% |
| Total equity and liabilities | 10/49 | €953,973 | €907,545 | -€46,427 | -4.9% |
| Equity | 10/15 | €261,876 | €247,845 | -€14,031 | -5.4% |
| Contributions | 10/11 | €461,052 | €461,052 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€199,176 | -€213,207 | -€14,031 | -7.0% |
| Amounts payable | 17/49 | €692,096 | €659,700 | -€32,396 | -4.7% |
| Amounts payable after more than one year | 17 | €331,736 | €307,591 | -€24,145 | -7.3% |
| Financial debts | 170/4 | €331,736 | €307,591 | -€24,145 | -7.3% |
| Amounts payable within one year | 42/48 | €360,360 | €352,109 | -€8,251 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €23,788 | €24,145 | +€358 | +1.5% |
| Taxes, remuneration and social security | 45 | €7,907 | €6,770 | -€1,137 | -14.4% |
| Taxes | 450/3 | €7,907 | €6,770 | -€1,137 | -14.4% |
| Other amounts payable | 47/48 | €328,665 | €321,194 | -€7,472 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,364 | €46,363 | -€0 | 0.0% |
| Other operating charges | 640/8 | €4,251 | €4,380 | +€129 | +3.0% |
| Gross operating margin | 9900 | €63,617 | €64,692 | +€1,075 | +1.7% |
| Operating profit (loss) | 9901 | €13,002 | €13,949 | +€946 | +7.3% |
| Financial charges | 65/66B | €32,094 | €27,980 | -€4,114 | -12.8% |
| Recurring financial charges | 65 | €32,094 | €27,980 | -€4,114 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | -€19,092 | -€14,031 | +€5,061 | +26.5% |
| Profit (loss) for the period | 9904 | -€19,092 | -€14,031 | +€5,061 | +26.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,092 | -€14,031 | +€5,061 | +26.5% |
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 5 October 2026 via checked.be.