AGIVIO: what changed
Two financial 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.
AGIVIO
Largest movements
- Receivables within one year +€39,004
up €39,004 (+2989.8%), from €1,305 to €40,308
of which Trade receivables: +€32,464
- Cash -€33,868
down €33,868 (-99.0%), from €34,214 to €346
mainly Receivables within one year (-€39,004) and Investment in fixed assets (net) (-€32,136)
- Tangible fixed assets +€31,463
up €31,463 (+3028.1%), from €1,039 to €32,502
- Deferred charges and accrued income +€1,781
new in 2025: €1,781
- Debts after one year +€24,640
new in 2025: €24,640
- Reserves +€19,232
up €19,232 (+206.2%), from €9,327 to €28,559
- Other debts -€17,451
down €17,451 (-90.6%), from €19,252 to €1,801
- Tax, wage and social debts +€7,692
up €7,692 (+8164.1%), from €94 to €7,786
of which Remuneration and social security: +€4,500
- Current portion of long-term debt +€2,360
new in 2025: €2,360
- Gross operating margin +€19,166
up €19,166 (+319.5%), from €5,998 to €25,164
- Taxes +€5,286
new in 2025: €5,286
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 | €39,058 | €77,437 | +€38,379 | +98.3% |
| Fixed assets | 21/28 | €1,039 | €32,502 | +€31,463 | +3028.1% |
| Tangible fixed assets | 22/27 | €1,039 | €32,502 | +€31,463 | +3028.1% |
| Furniture and vehicles | 24 | €1,039 | €32,502 | +€31,463 | +3028.1% |
| Current assets | 29/58 | €38,019 | €44,935 | +€6,916 | +18.2% |
| Amounts receivable after more than one year | 29 | €2,500 | €2,500 | = | 0.0% |
| Other amounts receivable | 291 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,305 | €40,308 | +€39,004 | +2989.8% |
| Trade receivables | 40 | €980 | €33,444 | +€32,464 | +3312.3% |
| Other amounts receivable | 41 | €324 | €6,864 | +€6,540 | +2015.8% |
| Cash at bank and in hand | 54/58 | €34,214 | €346 | -€33,868 | -99.0% |
| Deferred charges and accrued income | 490/1 | - | €1,781 | +€1,781 | |
| Total equity and liabilities | 10/49 | €39,058 | €77,437 | +€38,379 | +98.3% |
| Equity | 10/15 | €19,327 | €38,559 | +€19,232 | +99.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €9,327 | €28,559 | +€19,232 | +206.2% |
| Distributable reserves | 133 | €9,327 | €28,559 | +€19,232 | +206.2% |
| Amounts payable | 17/49 | €19,731 | €38,878 | +€19,147 | +97.0% |
| Amounts payable after more than one year | 17 | - | €24,640 | +€24,640 | |
| Financial debts | 170/4 | - | €24,640 | +€24,640 | |
| Amounts payable within one year | 42/48 | €19,731 | €14,226 | -€5,505 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | - | €2,360 | +€2,360 | |
| Trade debts | 44 | €384 | €2,277 | +€1,893 | +492.4% |
| Suppliers | 440/4 | €384 | €2,277 | +€1,893 | +492.4% |
| Taxes, remuneration and social security | 45 | €94 | €7,786 | +€7,692 | +8164.1% |
| Taxes | 450/3 | €94 | €3,286 | +€3,192 | +3388.1% |
| Remuneration and social security | 454/9 | - | €4,500 | +€4,500 | |
| Other amounts payable | 47/48 | €19,252 | €1,801 | -€17,451 | -90.6% |
| Accrued charges and deferred income | 492/3 | - | €12 | +€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €901 | €673 | -€228 | -25.3% |
| Other operating charges | 640/8 | - | €50 | +€50 | |
| Gross operating margin | 9900 | €5,998 | €25,164 | +€19,166 | +319.5% |
| Operating profit (loss) | 9901 | €5,098 | €24,441 | +€19,344 | +379.5% |
| Financial income | 75/76B | €0 | €250 | +€250 | +2499900.0% |
| Recurring financial income | 75 | €0 | €250 | +€250 | +2499900.0% |
| Financial charges | 65/66B | €117 | €172 | +€55 | +47.0% |
| Recurring financial charges | 65 | €117 | €172 | +€55 | +47.0% |
| Profit (loss) for the period before taxes | 9903 | €4,980 | €24,519 | +€19,538 | +392.3% |
| Income taxes | 67/77 | - | €5,286 | +€5,286 | |
| Profit (loss) for the period | 9904 | €4,980 | €19,232 | +€14,252 | +286.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,980 | €19,232 | +€14,252 | +286.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.