AGILE MINDSET: 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.
AGILE MINDSET
Largest movements
- Receivables within one year -€36,165
down €36,165 (-52.3%), from €69,104 to €32,938
of which Trade receivables: -€38,338
- Cash -€31,780
down €31,780 (-43.1%), from €73,784 to €42,004
mainly Provisions (-€36,000) and Tax, wage and social debts (-€23,923)
- Tangible fixed assets -€13,612
down €13,612 (-27.0%), from €50,442 to €36,830
- Deferred charges and accrued income -€2,290
no longer reported in 2025 (was €2,290)
- Provisions -€36,000
no longer reported in 2025 (was €36,000)
- Tax, wage and social debts -€23,923
down €23,923 (-99.7%), from €23,987 to €64
of which Taxes: -€21,275
- Profit (loss) carried forward -€13,431
down €13,431 (-19.9%), from €67,330 to €53,898
- Debts after one year -€10,686
down €10,686 (-25.5%), from €41,874 to €31,188
- Trade debts -€10,648
down €10,648 (-92.6%), from €11,501 to €853
- Provisions -€72,000
down €72,000, from €36,000 to -€36,000
- Gross operating margin -€67,153
down €67,153 (-85.8%), from €78,272 to €11,119
- Financial charges +€32,158
up €32,158 (+795.4%), from €4,043 to €36,202
- Staff costs -€13,453
no longer reported in 2025 (was €13,453)
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 | €195,619 | €111,772 | -€83,847 | -42.9% |
| Fixed assets | 21/28 | €50,442 | €36,830 | -€13,612 | -27.0% |
| Tangible fixed assets | 22/27 | €50,442 | €36,830 | -€13,612 | -27.0% |
| Furniture and vehicles | 24 | €50,442 | €36,830 | -€13,612 | -27.0% |
| Current assets | 29/58 | €145,177 | €74,942 | -€70,235 | -48.4% |
| Amounts receivable within one year | 40/41 | €69,104 | €32,938 | -€36,165 | -52.3% |
| Trade receivables | 40 | €39,248 | €911 | -€38,338 | -97.7% |
| Other amounts receivable | 41 | €29,855 | €32,028 | +€2,172 | +7.3% |
| Cash at bank and in hand | 54/58 | €73,784 | €42,004 | -€31,780 | -43.1% |
| Deferred charges and accrued income | 490/1 | €2,290 | - | -€2,290 | |
| Total equity and liabilities | 10/49 | €195,619 | €111,772 | -€83,847 | -42.9% |
| Equity | 10/15 | €72,330 | €58,898 | -€13,431 | -18.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | - | €5,000 | +€5,000 | |
| Other | 1109/19 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | €67,330 | €53,898 | -€13,431 | -19.9% |
| Provisions and deferred taxes | 16 | €36,000 | - | -€36,000 | |
| Provisions for liabilities and charges | 160/5 | €36,000 | - | -€36,000 | |
| Other liabilities and charges | 164/5 | €36,000 | - | -€36,000 | |
| Amounts payable | 17/49 | €87,290 | €52,874 | -€34,416 | -39.4% |
| Amounts payable after more than one year | 17 | €41,874 | €31,188 | -€10,686 | -25.5% |
| Financial debts | 170/4 | €41,874 | €31,188 | -€10,686 | -25.5% |
| Amounts payable within one year | 42/48 | €45,416 | €21,619 | -€23,797 | -52.4% |
| Current portion of amounts payable after more than one year | 42 | €9,500 | €10,361 | +€861 | +9.1% |
| Trade debts | 44 | €11,501 | €853 | -€10,648 | -92.6% |
| Suppliers | 440/4 | €11,501 | €853 | -€10,648 | -92.6% |
| Taxes, remuneration and social security | 45 | €23,987 | €64 | -€23,923 | -99.7% |
| Taxes | 450/3 | €21,339 | €64 | -€21,275 | -99.7% |
| Remuneration and social security | 454/9 | €2,648 | - | -€2,648 | |
| Other amounts payable | 47/48 | €428 | €10,341 | +€9,913 | +2313.7% |
| Accrued charges and deferred income | 492/3 | - | €67 | +€67 | |
| Remuneration, social security and pensions | 62 | €13,453 | - | -€13,453 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,612 | €13,612 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €36,000 | -€36,000 | -€72,000 | |
| Other operating charges | 640/8 | €641 | €1,341 | +€701 | +109.4% |
| Gross operating margin | 9900 | €78,272 | €11,119 | -€67,153 | -85.8% |
| Operating profit (loss) | 9901 | €14,566 | €32,166 | +€17,600 | +120.8% |
| Financial income | 75/76B | €358 | €668 | +€310 | +86.8% |
| Recurring financial income | 75 | €358 | €668 | +€310 | +86.8% |
| Financial charges | 65/66B | €4,043 | €36,202 | +€32,158 | +795.4% |
| Recurring financial charges | 65 | €4,043 | €36,202 | +€32,158 | +795.4% |
| Profit (loss) for the period before taxes | 9903 | €10,880 | -€3,368 | -€14,248 | |
| Income taxes | 67/77 | €10,245 | €10,064 | -€181 | -1.8% |
| Profit (loss) for the period | 9904 | €636 | -€13,431 | -€14,067 | |
| Profit (loss) for the period to be appropriated | 9905 | €636 | -€13,431 | -€14,067 |
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 30 September 2026 via checked.be.