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AGILLANTIS: 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.

What changed

AGILLANTIS

BE 0823.251.371
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€20,439
2024 · -€102,678+€82,239
Equity
€1.6m
2024 · €1.6m-€20,439
Cash
€2,045
2024 · €28,214-€26,169
Balance sheet total
€1.9m
2024 · €2.0m-€51,180

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€37,120

    down €37,120 (-6.2%), from €595,774 to €558,653

    of which Land and buildings: -€30,096

  • Cash -€26,169

    down €26,169 (-92.8%), from €28,214 to €2,045

    mainly Debts after one year (-€21,859) and Net result for the year (-€20,439)

Equity and liabilities
  • Debts after one year -€21,859

    down €21,859 (-30.5%), from €71,651 to €49,792

  • Profit (loss) carried forward -€20,439

    down €20,439 (-14.2%), from -€143,456 to -€163,895

Income statement
  • Gross operating margin +€76,490

    up €76,490, from -€48,574 to €27,915

  • Financial income -€5,392

    no longer reported in 2025 (was €5,392)

  • Other operating charges -€5,222

    down €5,222 (-55.2%), from €9,455 to €4,233

  • Depreciation -€4,149

    down €4,149 (-9.2%), from €45,232 to €41,083

  • Financial charges -€1,944

    down €1,944 (-39.0%), from €4,983 to €3,039

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€102,678
Gross operating margin +€76,490
Depreciation +€4,149
Other operating charges +€5,222
Financial income -€5,392
Financial charges +€1,944
Taxes -€173
Result 2025 -€20,439

Cash bridge derived

cash 2024 to 2025

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.

From operations -€348
Investment -€3,962
Financing -€21,859
Cash 2024 €28,214
Net result for the year -€20,439
Depreciation +€41,083
Receivables within one year -€12,056
Smaller working-capital items -€113
Trade debts +€2,028
Other debts -€10,851
Investment in fixed assets (net) -€3,962
Debts after one year -€21,859
Cash 2025 €2,045
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,999,401 €1,948,221 -€51,180 -2.6%
Fixed assets 21/28 €1,950,585 €1,913,464 -€37,120 -1.9%
Tangible fixed assets 22/27 €595,774 €558,653 -€37,120 -6.2%
Land and buildings 22 €571,932 €541,836 -€30,096 -5.3%
Furniture and vehicles 24 €23,842 €16,817 -€7,025 -29.5%
Financial fixed assets 28 €1,354,811 €1,354,811 = 0.0%
Current assets 29/58 €48,816 €34,757 -€14,059 -28.8%
Amounts receivable within one year 40/41 €19,823 €31,879 +€12,056 +60.8%
Trade receivables 40 €50 €10,762 +€10,712 +21427.7%
Other amounts receivable 41 €19,773 €21,117 +€1,344 +6.8%
Cash at bank and in hand 54/58 €28,214 €2,045 -€26,169 -92.8%
Deferred charges and accrued income 490/1 €779 €833 +€54 +6.9%
Total equity and liabilities 10/49 €1,999,401 €1,948,221 -€51,180 -2.6%
Equity 10/15 €1,577,120 €1,556,681 -€20,439 -1.3%
Contributions 10/11 €1,335,122 €1,335,122 = 0.0%
Reserves 13 €385,454 €385,454 = 0.0%
Non-distributable reserves 130/1 €22,666 - -€22,666
Reserves not available under the articles 1311 €22,666 - -€22,666
Distributable reserves 133 €362,788 €385,454 +€22,666 +6.2%
Profit (loss) carried forward 14 -€143,456 -€163,895 -€20,439 -14.2%
Amounts payable 17/49 €422,280 €391,540 -€30,741 -7.3%
Amounts payable after more than one year 17 €71,651 €49,792 -€21,859 -30.5%
Financial debts 170/4 €71,651 €49,792 -€21,859 -30.5%
Amounts payable within one year 42/48 €350,508 €341,685 -€8,823 -2.5%
Current portion of amounts payable after more than one year 42 €21,859 €21,859 = 0.0%
Trade debts 44 €976 €3,004 +€2,028 +207.7%
Suppliers 440/4 €976 €3,004 +€2,028 +207.7%
Other amounts payable 47/48 €327,672 €316,822 -€10,851 -3.3%
Accrued charges and deferred income 492/3 €122 €63 -€59 -48.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €45,232 €41,083 -€4,149 -9.2%
Other operating charges 640/8 €9,455 €4,233 -€5,222 -55.2%
Gross operating margin 9900 -€48,574 €27,915 +€76,490
Operating profit (loss) 9901 -€103,261 -€17,400 +€85,861 +83.1%
Financial income 75/76B €5,392 - -€5,392
Recurring financial income 75 €5,392 - -€5,392
Financial charges 65/66B €4,983 €3,039 -€1,944 -39.0%
Recurring financial charges 65 €4,983 €3,039 -€1,944 -39.0%
Profit (loss) for the period before taxes 9903 -€102,852 -€20,439 +€82,413 +80.1%
Income taxes 67/77 -€173 - +€173
Profit (loss) for the period 9904 -€102,678 -€20,439 +€82,239 +80.1%
Profit (loss) for the period to be appropriated 9905 -€102,678 -€20,439 +€82,239 +80.1%

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.