AGHYLE: 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.
AGHYLE
Largest movements
- Cash -€48,671
down €48,671 (-97.7%), from €49,796 to €1,125
mainly Contributions, distributions and other (-€35,000) and Investment in fixed assets (net) (-€24,825)
- Tangible fixed assets +€17,675
up €17,675 (+136.9%), from €12,910 to €30,585
of which Other tangible fixed assets: +€22,239
- Receivables within one year +€5,363
up €5,363 (+85.3%), from €6,288 to €11,651
of which Trade receivables: +€5,270
- Reserves -€31,282
down €31,282 (-64.6%), from €48,403 to €17,121
- Trade debts +€8,838
up €8,838 (+2401.6%), from €368 to €9,206
of which Suppliers: +€5,695
- Current portion of long-term debt -€1,530
down €1,530 (-60.2%), from €2,542 to €1,012
- Debts after one year -€1,012
no longer reported in 2025 (was €1,012)
- Gross operating margin +€3,796
up €3,796 (+38.2%), from €9,941 to €13,737
- Depreciation +€1,753
up €1,753 (+32.5%), from €5,397 to €7,150
- Taxes +€344
up €344 (+16.7%), from €2,063 to €2,407
- Staff costs -€250
no longer reported in 2025 (was €250)
- Other operating charges +€249
up €249 (+415.0%), from €60 to €309
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 | €69,666 | €44,395 | -€25,271 | -36.3% |
| Fixed assets | 21/28 | €12,910 | €30,585 | +€17,675 | +136.9% |
| Tangible fixed assets | 22/27 | €12,910 | €30,585 | +€17,675 | +136.9% |
| Plant, machinery and equipment | 23 | - | €833 | +€833 | |
| Furniture and vehicles | 24 | €12,910 | €7,513 | -€5,397 | -41.8% |
| Other tangible fixed assets | 26 | - | €22,239 | +€22,239 | |
| Current assets | 29/58 | €56,756 | €13,810 | -€42,946 | -75.7% |
| Amounts receivable within one year | 40/41 | €6,288 | €11,651 | +€5,363 | +85.3% |
| Trade receivables | 40 | €5,532 | €10,802 | +€5,270 | +95.3% |
| Other amounts receivable | 41 | €756 | €849 | +€93 | +12.3% |
| Cash at bank and in hand | 54/58 | €49,796 | €1,125 | -€48,671 | -97.7% |
| Deferred charges and accrued income | 490/1 | €672 | €1,034 | +€362 | +53.9% |
| Total equity and liabilities | 10/49 | €69,666 | €44,395 | -€25,271 | -36.3% |
| Equity | 10/15 | €62,691 | €31,409 | -€31,282 | -49.9% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €48,403 | €17,121 | -€31,282 | -64.6% |
| Distributable reserves | 133 | €48,403 | €17,121 | -€31,282 | -64.6% |
| Profit (loss) carried forward | 14 | €6,228 | €6,228 | = | 0.0% |
| Amounts payable | 17/49 | €6,975 | €12,986 | +€6,011 | +86.2% |
| Amounts payable after more than one year | 17 | €1,012 | - | -€1,012 | |
| Financial debts | 170/4 | €1,012 | - | -€1,012 | |
| Amounts payable within one year | 42/48 | €5,963 | €12,986 | +€7,023 | +117.8% |
| Current portion of amounts payable after more than one year | 42 | €2,542 | €1,012 | -€1,530 | -60.2% |
| Trade debts | 44 | €368 | €9,206 | +€8,838 | +2401.6% |
| Suppliers | 440/4 | €368 | €6,063 | +€5,695 | +1547.6% |
| Bills of exchange payable | 441 | - | €3,143 | +€3,143 | |
| Taxes, remuneration and social security | 45 | €2,275 | €1,784 | -€491 | -21.6% |
| Taxes | 450/3 | €2,275 | €1,784 | -€491 | -21.6% |
| Other amounts payable | 47/48 | €778 | €984 | +€206 | +26.5% |
| Remuneration, social security and pensions | 62 | €250 | - | -€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,397 | €7,150 | +€1,753 | +32.5% |
| Other operating charges | 640/8 | €60 | €309 | +€249 | +415.0% |
| Gross operating margin | 9900 | €9,941 | €13,737 | +€3,796 | +38.2% |
| Operating profit (loss) | 9901 | €4,234 | €6,278 | +€2,044 | +48.3% |
| Financial charges | 65/66B | €164 | €153 | -€11 | -6.7% |
| Recurring financial charges | 65 | €164 | €153 | -€11 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €4,070 | €6,125 | +€2,055 | +50.5% |
| Income taxes | 67/77 | €2,063 | €2,407 | +€344 | +16.7% |
| Profit (loss) for the period | 9904 | €2,007 | €3,718 | +€1,711 | +85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,007 | €3,718 | +€1,711 | +85.3% |
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 8 October 2026 via checked.be.