AGILE STANCE: what changed
AGILE STANCE
Largest movements
- Receivables within one year -€18,858
down €18,858 (-94.0%), from €20,056 to €1,197
of which Trade receivables: -€19,814
- Cash -€10,281
down €10,281 (-14.2%), from €72,625 to €62,344
mainly Other debts (-€29,336) and Tax, wage and social debts (-€14,508)
- Tangible fixed assets -€7,030
down €7,030 (-45.6%), from €15,424 to €8,394
- Other debts -€29,336
down €29,336 (-90.2%), from €32,515 to €3,179
- Tax, wage and social debts -€14,508
down €14,508 (-81.8%), from €17,729 to €3,221
- Profit (loss) carried forward +€7,676
up €7,676 (+20.5%), from €37,401 to €45,077
- Gross operating margin -€31,871
down €31,871 (-63.1%), from €50,516 to €18,645
- Taxes -€6,884
down €6,884 (-68.1%), from €10,104 to €3,221
- Depreciation -€2,169
down €2,169 (-30.0%), from €7,220 to €5,051
- Other operating charges +€1,411
up €1,411 (+144%), from €980 to €2,391
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,327 | €71,936 | -€36,391 | -33.6% |
| Fixed assets | 21/28 | €15,424 | €8,394 | -€7,030 | -45.6% |
| Tangible fixed assets | 22/27 | €15,424 | €8,394 | -€7,030 | -45.6% |
| Plant, machinery and equipment | 23 | €605 | €153 | -€453 | -74.8% |
| Furniture and vehicles | 24 | €3,006 | €191 | -€2,815 | -93.6% |
| Leasing and similar rights | 25 | €4,505 | €3,179 | -€1,326 | -29.4% |
| Other tangible fixed assets | 26 | €7,308 | €4,872 | -€2,436 | -33.3% |
| Current assets | 29/58 | €92,903 | €63,541 | -€29,361 | -31.6% |
| Amounts receivable within one year | 40/41 | €20,056 | €1,197 | -€18,858 | -94.0% |
| Trade receivables | 40 | €20,056 | €242 | -€19,814 | -98.8% |
| Other amounts receivable | 41 | - | €956 | +€956 | |
| Cash at bank and in hand | 54/58 | €72,625 | €62,344 | -€10,281 | -14.2% |
| Deferred charges and accrued income | 490/1 | €222 | - | -€222 | |
| Total equity and liabilities | 10/49 | €108,327 | €71,936 | -€36,391 | -33.6% |
| Equity | 10/15 | €57,861 | €65,537 | +€7,676 | +13.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,401 | €45,077 | +€7,676 | +20.5% |
| Amounts payable | 17/49 | €50,466 | €6,399 | -€44,067 | -87.3% |
| Amounts payable within one year | 42/48 | €50,466 | €6,399 | -€44,067 | -87.3% |
| Trade debts | 44 | €222 | - | -€222 | |
| Suppliers | 440/4 | €222 | - | -€222 | |
| Taxes, remuneration and social security | 45 | €17,729 | €3,221 | -€14,508 | -81.8% |
| Taxes | 450/3 | €17,729 | €3,221 | -€14,508 | -81.8% |
| Other amounts payable | 47/48 | €32,515 | €3,179 | -€29,336 | -90.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,220 | €5,051 | -€2,169 | -30.0% |
| Other operating charges | 640/8 | €980 | €2,391 | +€1,411 | +144% |
| Gross operating margin | 9900 | €50,516 | €18,645 | -€31,871 | -63.1% |
| Operating profit (loss) | 9901 | €42,316 | €11,203 | -€31,112 | -73.5% |
| Financial charges | 65/66B | €237 | €307 | +€70 | +29.7% |
| Recurring financial charges | 65 | €237 | €307 | +€70 | +29.7% |
| Profit (loss) for the period before taxes | 9903 | €42,079 | €10,896 | -€31,183 | -74.1% |
| Income taxes | 67/77 | €10,104 | €3,221 | -€6,884 | -68.1% |
| Profit (loss) for the period | 9904 | €31,975 | €7,676 | -€24,299 | -76.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,975 | €7,676 | -€24,299 | -76.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.