AGIX: 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.
AGIX
Largest movements
- Cash +€63,079
up €63,079 (+68.3%), from €92,383 to €155,462
mainly Net result for the year (+€46,203) and Depreciation (+€18,259)
- Tangible fixed assets -€18,259
down €18,259 (-11.7%), from €156,378 to €138,119
of which Furniture and vehicles: -€10,650
- Reserves +€45,500
up €45,500 (+19.7%), from €230,610 to €276,110
of which Distributable reserves: +€45,500
- Gross operating margin +€5,185
up €5,185 (+6.5%), from €79,551 to €84,736
- Depreciation +€3,446
up €3,446 (+23.3%), from €14,813 to €18,259
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 | €283,969 | €327,228 | +€43,259 | +15.2% |
| Fixed assets | 21/28 | €156,378 | €138,119 | -€18,259 | -11.7% |
| Tangible fixed assets | 22/27 | €156,378 | €138,119 | -€18,259 | -11.7% |
| Land and buildings | 22 | €110,085 | €102,610 | -€7,475 | -6.8% |
| Plant, machinery and equipment | 23 | €1,214 | €1,080 | -€134 | -11.0% |
| Furniture and vehicles | 24 | €45,079 | €34,429 | -€10,650 | -23.6% |
| Current assets | 29/58 | €127,591 | €189,109 | +€61,518 | +48.2% |
| Amounts receivable within one year | 40/41 | €32,563 | €32,239 | -€324 | -1.0% |
| Trade receivables | 40 | €32,170 | €31,797 | -€372 | -1.2% |
| Other amounts receivable | 41 | €393 | €441 | +€48 | +12.2% |
| Cash at bank and in hand | 54/58 | €92,383 | €155,462 | +€63,079 | +68.3% |
| Deferred charges and accrued income | 490/1 | €2,645 | €1,409 | -€1,237 | -46.7% |
| Total equity and liabilities | 10/49 | €283,969 | €327,228 | +€43,259 | +15.2% |
| Equity | 10/15 | €241,588 | €287,791 | +€46,203 | +19.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €230,610 | €276,110 | +€45,500 | +19.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €228,750 | €274,250 | +€45,500 | +19.9% |
| Profit (loss) carried forward | 14 | €4,778 | €5,481 | +€703 | +14.7% |
| Amounts payable | 17/49 | €42,381 | €39,437 | -€2,944 | -6.9% |
| Amounts payable within one year | 42/48 | €42,381 | €39,437 | -€2,944 | -6.9% |
| Financial debts | 43 | €306 | €214 | -€92 | -30.1% |
| Credit institutions | 430/8 | €306 | €214 | -€92 | -30.1% |
| Trade debts | 44 | €1,708 | €1,487 | -€220 | -12.9% |
| Suppliers | 440/4 | €1,708 | €1,487 | -€220 | -12.9% |
| Taxes, remuneration and social security | 45 | €6,494 | €3,236 | -€3,258 | -50.2% |
| Taxes | 450/3 | €6,494 | €3,236 | -€3,258 | -50.2% |
| Other amounts payable | 47/48 | €33,873 | €34,499 | +€626 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,813 | €18,259 | +€3,446 | +23.3% |
| Other operating charges | 640/8 | €2,472 | €1,876 | -€596 | -24.1% |
| Gross operating margin | 9900 | €79,551 | €84,736 | +€5,185 | +6.5% |
| Operating profit (loss) | 9901 | €62,266 | €64,602 | +€2,336 | +3.8% |
| Financial income | 75/76B | €0 | €30 | +€30 | +49900.0% |
| Recurring financial income | 75 | €0 | €30 | +€30 | +49900.0% |
| Financial charges | 65/66B | €96 | €83 | -€13 | -13.4% |
| Recurring financial charges | 65 | €96 | €83 | -€13 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €62,170 | €64,548 | +€2,379 | +3.8% |
| Income taxes | 67/77 | €18,313 | €18,345 | +€32 | +0.2% |
| Profit (loss) for the period | 9904 | €43,857 | €46,203 | +€2,347 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €43,857 | €46,203 | +€2,347 | +5.4% |
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 4 October 2026 via checked.be.