AGHA-DAGH: 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.
AGHA-DAGH
Largest movements
- Receivables within one year +€534,651
up €534,651 (+39.2%), from €1.4m to €1.9m
of which Trade receivables: +€523,186
- Trade debts +€494,638
up €494,638 (+37.7%), from €1.3m to €1.8m
- Staff costs -€22,468
down €22,468 (-16.6%), from €135,200 to €112,732
- Gross operating margin -€8,909
down €8,909 (-5.9%), from €151,863 to €142,953
- Taxes +€3,439
up €3,439 (+177%), from €1,945 to €5,384
- Other operating charges +€2,635
up €2,635 (+68.8%), from €3,830 to €6,465
- Depreciation -€2,597
down €2,597 (-52.7%), from €4,927 to €2,330
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,381,453 | €1,920,327 | +€538,874 | +39.0% |
| Fixed assets | 21/28 | €5,997 | €3,666 | -€2,330 | -38.9% |
| Tangible fixed assets | 22/27 | €5,074 | €2,744 | -€2,330 | -45.9% |
| Furniture and vehicles | 24 | €1,467 | - | -€1,467 | |
| Other tangible fixed assets | 26 | €3,607 | €2,744 | -€864 | -23.9% |
| Financial fixed assets | 28 | €923 | €923 | = | 0.0% |
| Current assets | 29/58 | €1,375,457 | €1,916,661 | +€541,205 | +39.3% |
| Stocks and contracts in progress | 3 | - | €17,500 | +€17,500 | |
| Stocks | 30/36 | - | €17,500 | +€17,500 | |
| Amounts receivable within one year | 40/41 | €1,364,071 | €1,898,722 | +€534,651 | +39.2% |
| Trade receivables | 40 | €1,364,071 | €1,887,258 | +€523,186 | +38.4% |
| Other amounts receivable | 41 | - | €11,465 | +€11,465 | |
| Cash at bank and in hand | 54/58 | €10,644 | €439 | -€10,205 | -95.9% |
| Deferred charges and accrued income | 490/1 | €741 | - | -€741 | |
| Total equity and liabilities | 10/49 | €1,381,453 | €1,920,327 | +€538,874 | +39.0% |
| Equity | 10/15 | €53,054 | €68,617 | +€15,562 | +29.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,594 | €48,157 | +€15,562 | +47.7% |
| Amounts payable | 17/49 | €1,328,399 | €1,851,711 | +€523,312 | +39.4% |
| Amounts payable within one year | 42/48 | €1,328,399 | €1,851,711 | +€523,312 | +39.4% |
| Financial debts | 43 | - | €14,830 | +€14,830 | |
| Credit institutions | 430/8 | - | €14,830 | +€14,830 | |
| Trade debts | 44 | €1,313,349 | €1,807,987 | +€494,638 | +37.7% |
| Suppliers | 440/4 | €1,313,349 | €1,807,987 | +€494,638 | +37.7% |
| Taxes, remuneration and social security | 45 | €15,050 | €20,888 | +€5,838 | +38.8% |
| Taxes | 450/3 | €11,785 | €8,746 | -€3,039 | -25.8% |
| Remuneration and social security | 454/9 | €3,265 | €12,143 | +€8,878 | +272% |
| Other amounts payable | 47/48 | - | €8,006 | +€8,006 | |
| Remuneration, social security and pensions | 62 | €135,200 | €112,732 | -€22,468 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,927 | €2,330 | -€2,597 | -52.7% |
| Other operating charges | 640/8 | €3,830 | €6,465 | +€2,635 | +68.8% |
| Gross operating margin | 9900 | €151,863 | €142,953 | -€8,909 | -5.9% |
| Operating profit (loss) | 9901 | €7,905 | €21,427 | +€13,521 | +171% |
| Financial charges | 65/66B | €497 | €480 | -€17 | -3.5% |
| Recurring financial charges | 65 | €497 | €480 | -€17 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €7,408 | €20,947 | +€13,538 | +183% |
| Income taxes | 67/77 | €1,945 | €5,384 | +€3,439 | +177% |
| Profit (loss) for the period | 9904 | €5,463 | €15,562 | +€10,099 | +185% |
| Profit (loss) for the period to be appropriated | 9905 | €5,463 | €15,562 | +€10,099 | +185% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.