AgiNtech: 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.
AgiNtech
Largest movements
- Receivables within one year -€89,841
down €89,841 (-10.8%), from €832,688 to €742,847
of which Trade receivables: -€94,518
- Intangible fixed assets -€83,947
down €83,947 (-21.8%), from €384,695 to €300,748
- Stocks and contracts -€69,827
down €69,827 (-73.5%), from €94,943 to €25,116
- Cash +€40,672
up €40,672 (+64.3%), from €63,265 to €103,937
mainly Depreciation (+€160,008) and Receivables within one year (+€89,841)
- Tangible fixed assets -€27,942
down €27,942 (-16.3%), from €171,380 to €143,438
of which Furniture and vehicles: -€23,057
- Debts after one year -€162,664
down €162,664 (-38.2%), from €426,313 to €263,649
- Profit (loss) carried forward +€86,709
up €86,709 (+59.4%), from €145,888 to €232,597
- Advances received -€70,154
no longer reported in 2024 (was €70,154)
- Trade debts -€69,027
down €69,027 (-21.0%), from €329,029 to €260,002
- Turnover -€818,376
down €818,376 (-17.5%), from €4.7m to €3.9m
- Purchases and services -€581,496
down €581,496 (-22.8%), from €2.5m to €2.0m
- Gross operating margin -€236,880
down €236,880 (-11.1%), from €2.1m to €1.9m
- Staff costs -€210,817
down €210,817 (-11.9%), from €1.8m to €1.6m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,606,024 | €1,374,369 | -€231,654 | -14.4% |
| Formation expenses | 20 | €41,049 | €44,415 | +€3,366 | +8.2% |
| Fixed assets | 21/28 | €559,584 | €444,695 | -€114,889 | -20.5% |
| Intangible fixed assets | 21 | €384,695 | €300,748 | -€83,947 | -21.8% |
| Tangible fixed assets | 22/27 | €171,380 | €143,438 | -€27,942 | -16.3% |
| Plant, machinery and equipment | 23 | €31,572 | €26,688 | -€4,885 | -15.5% |
| Furniture and vehicles | 24 | €139,807 | €116,750 | -€23,057 | -16.5% |
| Financial fixed assets | 28 | €3,508 | €508 | -€3,000 | -85.5% |
| Current assets | 29/58 | €1,005,391 | €885,259 | -€120,132 | -11.9% |
| Stocks and contracts in progress | 3 | €94,943 | €25,116 | -€69,827 | -73.5% |
| Stocks | 30/36 | €94,943 | €25,116 | -€69,827 | -73.5% |
| Amounts receivable within one year | 40/41 | €832,688 | €742,847 | -€89,841 | -10.8% |
| Trade receivables | 40 | €822,707 | €728,190 | -€94,518 | -11.5% |
| Other amounts receivable | 41 | €9,981 | €14,658 | +€4,677 | +46.9% |
| Cash at bank and in hand | 54/58 | €63,265 | €103,937 | +€40,672 | +64.3% |
| Deferred charges and accrued income | 490/1 | €14,495 | €13,359 | -€1,136 | -7.8% |
| Total equity and liabilities | 10/49 | €1,606,024 | €1,374,369 | -€231,654 | -14.4% |
| Equity | 10/15 | €401,087 | €492,796 | +€91,709 | +22.9% |
| Contributions | 10/11 | €255,199 | €260,199 | +€5,000 | +2.0% |
| Profit (loss) carried forward | 14 | €145,888 | €232,597 | +€86,709 | +59.4% |
| Amounts payable | 17/49 | €1,204,937 | €881,573 | -€323,363 | -26.8% |
| Amounts payable after more than one year | 17 | €426,313 | €263,649 | -€162,664 | -38.2% |
| Financial debts | 170/4 | €426,313 | €263,649 | -€162,664 | -38.2% |
| Amounts payable within one year | 42/48 | €778,100 | €617,924 | -€160,176 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €199,340 | €190,092 | -€9,249 | -4.6% |
| Trade debts | 44 | €329,029 | €260,002 | -€69,027 | -21.0% |
| Suppliers | 440/4 | €329,029 | €260,002 | -€69,027 | -21.0% |
| Advances received on contracts in progress | 46 | €70,154 | - | -€70,154 | |
| Taxes, remuneration and social security | 45 | €179,577 | €167,831 | -€11,746 | -6.5% |
| Taxes | 450/3 | €146 | - | -€146 | |
| Remuneration and social security | 454/9 | €179,431 | €167,831 | -€11,600 | -6.5% |
| Accrued charges and deferred income | 492/3 | €523 | - | -€523 | |
| Turnover | 70 | €4,670,676 | €3,852,300 | -€818,376 | -17.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,545,131 | €1,963,635 | -€581,496 | -22.8% |
| Remuneration, social security and pensions | 62 | €1,778,060 | €1,567,243 | -€210,817 | -11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,585 | €160,008 | +€15,423 | +10.7% |
| Other operating charges | 640/8 | €10,810 | €11,898 | +€1,088 | +10.1% |
| Non-recurring operating charges | 66A | €150 | - | -€150 | |
| Gross operating margin | 9900 | €2,125,545 | €1,888,665 | -€236,880 | -11.1% |
| Operating profit (loss) | 9901 | €191,939 | €149,515 | -€42,424 | -22.1% |
| Financial income | 75/76B | €6,218 | - | -€6,218 | |
| Recurring financial income | 75 | €6,218 | - | -€6,218 | |
| Non-recurring financial income | 76B | €6,218 | - | -€6,218 | |
| Financial charges | 65/66B | €34,549 | €24,717 | -€9,832 | -28.5% |
| Recurring financial charges | 65 | €30,670 | €24,717 | -€5,953 | -19.4% |
| Non-recurring financial charges | 66B | €3,879 | - | -€3,879 | |
| Profit (loss) for the period before taxes | 9903 | €163,609 | €124,798 | -€38,811 | -23.7% |
| Income taxes | 67/77 | €48,400 | €38,089 | -€10,311 | -21.3% |
| Profit (loss) for the period | 9904 | €115,209 | €86,709 | -€28,500 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €115,209 | €86,709 | -€28,500 | -24.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.