AGILE 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.
AGILE MANAGEMENT
Largest movements
- Tangible fixed assets +€88,700
up €88,700 (+696%), from €12,737 to €101,436
of which Furniture and vehicles: +€90,196
- Receivables within one year +€51,569
up €51,569 (+14.8%), from €348,972 to €400,541
of which Trade receivables: +€33,134
- Cash +€50,889
up €50,889 (+37.1%), from €137,208 to €188,097
mainly Net result for the year (+€125,566) and Trade debts (+€90,163)
- Trade debts +€90,163
up €90,163 (+1,932%), from €4,666 to €94,829
- Debts after one year +€58,559
new in 2025: €58,559
- Tax, wage and social debts +€27,307
up €27,307 (+32.2%), from €84,758 to €112,065
- Current portion of long-term debt +€19,473
new in 2025: €19,473
- Gross operating margin +€11,830
up €11,830 (+7.0%), from €169,679 to €181,509
- Taxes +€6,134
up €6,134 (+15.2%), from €40,390 to €46,523
- Depreciation +€4,744
up €4,744 (+153%), from €3,105 to €7,849
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.
Derived cash bridge
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 | €499,456 | €692,766 | +€193,310 | +38.7% |
| Fixed assets | 21/28 | €12,737 | €101,436 | +€88,700 | +696% |
| Tangible fixed assets | 22/27 | €12,737 | €101,436 | +€88,700 | +696% |
| Land and buildings | 22 | €9,576 | €8,080 | -€1,496 | -15.6% |
| Furniture and vehicles | 24 | €3,161 | €93,357 | +€90,196 | +2,853% |
| Current assets | 29/58 | €486,720 | €591,330 | +€104,610 | +21.5% |
| Amounts receivable within one year | 40/41 | €348,972 | €400,541 | +€51,569 | +14.8% |
| Trade receivables | 40 | €22,136 | €55,271 | +€33,134 | +150% |
| Other amounts receivable | 41 | €326,835 | €345,270 | +€18,435 | +5.6% |
| Cash at bank and in hand | 54/58 | €137,208 | €188,097 | +€50,889 | +37.1% |
| Deferred charges and accrued income | 490/1 | €540 | €2,692 | +€2,152 | +398% |
| Total equity and liabilities | 10/49 | €499,456 | €692,766 | +€193,310 | +38.7% |
| Equity | 10/15 | €410,032 | €407,840 | -€2,192 | -0.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €405,032 | €402,840 | -€2,192 | -0.5% |
| Distributable reserves | 133 | €405,032 | €402,840 | -€2,192 | -0.5% |
| Amounts payable | 17/49 | €89,424 | €284,926 | +€195,502 | +219% |
| Amounts payable after more than one year | 17 | - | €58,559 | +€58,559 | |
| Financial debts | 170/4 | - | €58,559 | +€58,559 | |
| Amounts payable within one year | 42/48 | €89,424 | €226,367 | +€136,943 | +153% |
| Current portion of amounts payable after more than one year | 42 | - | €19,473 | +€19,473 | |
| Trade debts | 44 | €4,666 | €94,829 | +€90,163 | +1,932% |
| Suppliers | 440/4 | €4,666 | €94,829 | +€90,163 | +1,932% |
| Taxes, remuneration and social security | 45 | €84,758 | €112,065 | +€27,307 | +32.2% |
| Taxes | 450/3 | €84,758 | €112,065 | +€27,307 | +32.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,105 | €7,849 | +€4,744 | +153% |
| Other operating charges | 640/8 | €182 | €120 | -€62 | -34.0% |
| Gross operating margin | 9900 | €169,679 | €181,509 | +€11,830 | +7.0% |
| Operating profit (loss) | 9901 | €166,392 | €173,539 | +€7,147 | +4.3% |
| Financial income | 75/76B | €2,433 | €632 | -€1,801 | -74.0% |
| Recurring financial income | 75 | €2,433 | €632 | -€1,801 | -74.0% |
| Financial charges | 65/66B | €677 | €2,082 | +€1,405 | +208% |
| Recurring financial charges | 65 | €677 | €2,082 | +€1,405 | +208% |
| Profit (loss) for the period before taxes | 9903 | €168,148 | €172,090 | +€3,941 | +2.3% |
| Income taxes | 67/77 | €40,390 | €46,523 | +€6,134 | +15.2% |
| Profit (loss) for the period | 9904 | €127,759 | €125,566 | -€2,192 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €127,759 | €125,566 | -€2,192 | -1.7% |
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 27 October 2026 via checked.be.