AGIFIMO: 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.
AGIFIMO
Largest movements
- Receivables within one year +€6,992
up €6,992 (+6.4%), from €108,848 to €115,839
- Tangible fixed assets -€5,991
down €5,991 (-10.9%), from €54,792 to €48,801
of which Land and buildings: -€3,166
- Tax, wage and social debts -€3,114
down €3,114 (-10.1%), from €30,749 to €27,635
- Profit (loss) carried forward +€2,905
up €2,905 (+5.0%), from €57,751 to €60,655
- Financial income -€2,496
down €2,496 (-26.6%), from €9,398 to €6,902
- Gross operating margin -€1,290
down €1,290 (-23.3%), from €5,538 to €4,248
- Taxes +€1,057
new in 2021: €1,057
- Financial charges -€276
no longer reported in 2021 (was €276)
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €163,664 | €164,664 | +€1,000 | +0.6% |
| Fixed assets | 21/28 | €54,792 | €48,801 | -€5,991 | -10.9% |
| Tangible fixed assets | 22/27 | €54,792 | €48,801 | -€5,991 | -10.9% |
| Land and buildings | 22 | €32,192 | €29,026 | -€3,166 | -9.8% |
| Other tangible fixed assets | 26 | €22,600 | €19,775 | -€2,825 | -12.5% |
| Current assets | 29/58 | €108,871 | €115,863 | +€6,992 | +6.4% |
| Amounts receivable within one year | 40/41 | €108,848 | €115,839 | +€6,992 | +6.4% |
| Other amounts receivable | 41 | €108,848 | €115,839 | +€6,992 | +6.4% |
| Cash at bank and in hand | 54/58 | €24 | €24 | = | 0.0% |
| Total equity and liabilities | 10/49 | €163,664 | €164,664 | +€1,000 | +0.6% |
| Equity | 10/15 | €132,567 | €135,471 | +€2,905 | +2.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €12,816 | €12,816 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €6,616 | €6,616 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,751 | €60,655 | +€2,905 | +5.0% |
| Amounts payable | 17/49 | €31,097 | €29,193 | -€1,904 | -6.1% |
| Amounts payable within one year | 42/48 | €31,097 | €29,193 | -€1,904 | -6.1% |
| Trade debts | 44 | €348 | €1,558 | +€1,210 | +348.2% |
| Suppliers | 440/4 | €348 | €1,558 | +€1,210 | +348.2% |
| Taxes, remuneration and social security | 45 | €30,749 | €27,635 | -€3,114 | -10.1% |
| Taxes | 450/3 | €30,749 | €27,635 | -€3,114 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,991 | €5,991 | = | 0.0% |
| Other operating charges | 640/8 | €1,196 | €1,196 | = | 0.0% |
| Gross operating margin | 9900 | €5,538 | €4,248 | -€1,290 | -23.3% |
| Operating profit (loss) | 9901 | -€1,650 | -€2,940 | -€1,290 | -78.2% |
| Financial income | 75/76B | €9,398 | €6,902 | -€2,496 | -26.6% |
| Recurring financial income | 75 | €9,398 | €6,902 | -€2,496 | -26.6% |
| Financial charges | 65/66B | €276 | - | -€276 | |
| Recurring financial charges | 65 | €276 | - | -€276 | |
| Profit (loss) for the period before taxes | 9903 | €7,472 | €3,962 | -€3,510 | -47.0% |
| Income taxes | 67/77 | - | €1,057 | +€1,057 | |
| Profit (loss) for the period | 9904 | €7,472 | €2,905 | -€4,567 | -61.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,472 | €2,905 | -€4,567 | -61.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.