AGIL MANAGEMENT: 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.
AGIL MANAGEMENT
Largest movements
- Cash -€61,501
down €61,501 (-7.8%), from €784,550 to €723,049
mainly Other debts (-€83,578) and Provisions (-€82,367)
- Tangible fixed assets -€45,063
down €45,063 (-8.8%), from €511,794 to €466,732
of which Land and buildings: -€25,771
- Receivables within one year -€22,990
down €22,990 (-65.5%), from €35,090 to €12,100
- Other debts -€83,578
down €83,578 (-29.3%), from €285,077 to €201,499
- Provisions -€82,367
down €82,367 (-100.0%), from €82,367 to €0
- Tax, wage and social debts +€31,950
up €31,950 (+203.1%), from €15,732 to €47,683
- Debts after one year -€28,964
down €28,964 (-51.3%), from €56,417 to €27,453
- Reserves +€27,898
up €27,898 (+3.6%), from €767,962 to €795,860
of which Distributable reserves: +€275,000
- Taxes +€90,816
up €90,816 (+226.0%), from €40,184 to €131,000
- Gross operating margin -€43,685
down €43,685 (-21.6%), from €202,157 to €158,472
- Financial charges +€8,735
up €8,735 (+201.0%), from €4,345 to €13,080
- Other operating charges +€3,140
up €3,140 (+73.1%), from €4,295 to €7,435
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 | €1,333,247 | €1,203,751 | -€129,496 | -9.7% |
| Fixed assets | 21/28 | €511,794 | €466,732 | -€45,063 | -8.8% |
| Tangible fixed assets | 22/27 | €511,794 | €466,732 | -€45,063 | -8.8% |
| Land and buildings | 22 | €416,202 | €390,431 | -€25,771 | -6.2% |
| Plant, machinery and equipment | 23 | €94,749 | €75,271 | -€19,478 | -20.6% |
| Furniture and vehicles | 24 | €843 | €1,030 | +€187 | +22.1% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €821,453 | €737,020 | -€84,434 | -10.3% |
| Amounts receivable within one year | 40/41 | €35,090 | €12,100 | -€22,990 | -65.5% |
| Trade receivables | 40 | €35,090 | €12,100 | -€22,990 | -65.5% |
| Cash at bank and in hand | 54/58 | €784,550 | €723,049 | -€61,501 | -7.8% |
| Deferred charges and accrued income | 490/1 | €1,813 | €1,871 | +€58 | +3.2% |
| Total equity and liabilities | 10/49 | €1,333,247 | €1,203,751 | -€129,496 | -9.7% |
| Equity | 10/15 | €860,752 | €893,423 | +€32,671 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €767,962 | €795,860 | +€27,898 | +3.6% |
| Tax-exempt reserves | 132 | €247,102 | €0 | -€247,102 | -100.0% |
| Distributable reserves | 133 | €520,860 | €795,860 | +€275,000 | +52.8% |
| Profit (loss) carried forward | 14 | €41,379 | €49,681 | +€8,303 | +20.1% |
| Investment grants | 15 | €32,811 | €29,282 | -€3,530 | -10.8% |
| Provisions and deferred taxes | 16 | €82,367 | €0 | -€82,367 | -100.0% |
| Deferred taxes | 168 | €82,367 | €0 | -€82,367 | -100.0% |
| Amounts payable | 17/49 | €390,128 | €310,328 | -€79,800 | -20.5% |
| Amounts payable after more than one year | 17 | €56,417 | €27,453 | -€28,964 | -51.3% |
| Financial debts | 170/4 | €56,417 | €27,453 | -€28,964 | -51.3% |
| Amounts payable within one year | 42/48 | €333,710 | €282,875 | -€50,836 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €27,970 | €28,964 | +€994 | +3.6% |
| Trade debts | 44 | €4,931 | €4,729 | -€202 | -4.1% |
| Suppliers | 440/4 | €4,931 | €4,729 | -€202 | -4.1% |
| Taxes, remuneration and social security | 45 | €15,732 | €47,683 | +€31,950 | +203.1% |
| Taxes | 450/3 | €15,732 | €47,683 | +€31,950 | +203.1% |
| Other amounts payable | 47/48 | €285,077 | €201,499 | -€83,578 | -29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,014 | €56,654 | +€1,640 | +3.0% |
| Other operating charges | 640/8 | €4,295 | €7,435 | +€3,140 | +73.1% |
| Gross operating margin | 9900 | €202,157 | €158,472 | -€43,685 | -21.6% |
| Operating profit (loss) | 9901 | €142,848 | €94,383 | -€48,465 | -33.9% |
| Financial income | 75/76B | €3,530 | €3,530 | = | 0.0% |
| Recurring financial income | 75 | €3,530 | €3,530 | = | 0.0% |
| Financial charges | 65/66B | €4,345 | €13,080 | +€8,735 | +201.0% |
| Recurring financial charges | 65 | €4,345 | €13,080 | +€8,735 | +201.0% |
| Profit (loss) for the period before taxes | 9903 | €142,033 | €84,833 | -€57,200 | -40.3% |
| Transfer from deferred taxes | 780 | - | €82,367 | +€82,367 | |
| Income taxes | 67/77 | €40,184 | €131,000 | +€90,816 | +226.0% |
| Profit (loss) for the period | 9904 | €101,850 | €36,201 | -€65,649 | -64.5% |
| Transfer from tax-exempt reserves | 789 | - | €247,102 | +€247,102 | |
| Profit (loss) for the period to be appropriated | 9905 | €101,850 | €283,303 | +€181,453 | +178.2% |
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 12 October 2026 via checked.be.