AGIMAC: 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.
AGIMAC
Largest movements
- Cash +€65,236
up €65,236 (+233.3%), from €27,962 to €93,198
mainly Net result for the year (+€315,571) and Current investments (+€50,000)
- Current investments -€50,000
down €50,000 (-16.7%), from €300,000 to €250,000
- Receivables within one year -€7,260
down €7,260 (-100.0%), from €7,260 to €0
- Tax, wage and social debts +€25,867
up €25,867 (+110.9%), from €23,318 to €49,185
- Other debts -€18,944
down €18,944 (-6.2%), from €306,873 to €287,929
- Gross operating margin +€43,599
up €43,599 (+11.6%), from €376,201 to €419,800
- Taxes +€14,445
up €14,445 (+15.9%), from €90,769 to €105,214
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 | €336,028 | €343,198 | +€7,170 | +2.1% |
| Fixed assets | 21/28 | €806 | €0 | -€806 | -100.0% |
| Tangible fixed assets | 22/27 | €806 | €0 | -€806 | -100.0% |
| Furniture and vehicles | 24 | €806 | €0 | -€806 | -100.0% |
| Current assets | 29/58 | €335,222 | €343,198 | +€7,976 | +2.4% |
| Amounts receivable within one year | 40/41 | €7,260 | €0 | -€7,260 | -100.0% |
| Trade receivables | 40 | €7,260 | €0 | -€7,260 | -100.0% |
| Current investments | 50/53 | €300,000 | €250,000 | -€50,000 | -16.7% |
| Cash at bank and in hand | 54/58 | €27,962 | €93,198 | +€65,236 | +233.3% |
| Total equity and liabilities | 10/49 | €336,028 | €343,198 | +€7,170 | +2.1% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €331,028 | €338,198 | +€7,170 | +2.2% |
| Amounts payable within one year | 42/48 | €331,028 | €338,198 | +€7,170 | +2.2% |
| Trade debts | 44 | €837 | €1,084 | +€247 | +29.5% |
| Suppliers | 440/4 | €837 | €1,084 | +€247 | +29.5% |
| Taxes, remuneration and social security | 45 | €23,318 | €49,185 | +€25,867 | +110.9% |
| Taxes | 450/3 | €23,318 | €49,185 | +€25,867 | +110.9% |
| Other amounts payable | 47/48 | €306,873 | €287,929 | -€18,944 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,088 | €806 | -€282 | -25.9% |
| Other operating charges | 640/8 | €784 | €2,350 | +€1,566 | +199.7% |
| Gross operating margin | 9900 | €376,201 | €419,800 | +€43,599 | +11.6% |
| Operating profit (loss) | 9901 | €374,329 | €416,644 | +€42,315 | +11.3% |
| Financial income | 75/76B | €7,825 | €4,195 | -€3,629 | -46.4% |
| Recurring financial income | 75 | €7,825 | €4,195 | -€3,629 | -46.4% |
| Financial charges | 65/66B | €52 | €54 | +€2 | +3.4% |
| Recurring financial charges | 65 | €52 | €54 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €382,101 | €420,785 | +€38,684 | +10.1% |
| Income taxes | 67/77 | €90,769 | €105,214 | +€14,445 | +15.9% |
| Profit (loss) for the period | 9904 | €291,332 | €315,571 | +€24,239 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €291,332 | €315,571 | +€24,239 | +8.3% |
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 2 October 2026 via checked.be.