AGLAEA: 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.
AGLAEA
Largest movements
- Receivables within one year +€835,788
up €835,788, from €0 to €835,788
of which Other amounts receivable: +€549,623
- Cash -€172,188
down €172,188 (-59.9%), from €287,677 to €115,488
mainly Debts after one year (-€1.0m) and Receivables within one year (-€835,788)
- Other debts +€1.1m
up €1.1m (+265%), from €406,183 to €1.5m
- Debts after one year -€1.0m
down €1.0m (-20.3%), from €5.0m to €4.0m
- Reserves +€424,631
up €424,631 (+109%), from €388,784 to €813,415
- Gross operating margin -€420,138
down €420,138 (-37.6%), from €1.1m to €695,910
- Financial income -€117,164
down €117,164 (-36.1%), from €324,837 to €207,673
- Taxes +€56,989
up €56,989 (+131%), from €43,422 to €100,410
- Financial charges -€15,617
down €15,617 (-4.0%), from €389,285 to €373,669
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.
Derived cash bridge
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 | €10,041,761 | €10,722,810 | +€681,049 | +6.8% |
| Fixed assets | 21/28 | €9,685,343 | €9,681,613 | -€3,730 | 0.0% |
| Intangible fixed assets | 21 | €18,343 | €14,613 | -€3,730 | -20.3% |
| Financial fixed assets | 28 | €9,667,000 | €9,667,000 | = | 0.0% |
| Current assets | 29/58 | €356,418 | €1,041,197 | +€684,779 | +192% |
| Amounts receivable within one year | 40/41 | €0 | €835,788 | +€835,788 | |
| Trade receivables | 40 | €0 | €286,165 | +€286,165 | |
| Other amounts receivable | 41 | €0 | €549,623 | +€549,623 | |
| Cash at bank and in hand | 54/58 | €287,677 | €115,488 | -€172,188 | -59.9% |
| Deferred charges and accrued income | 490/1 | €68,742 | €89,921 | +€21,179 | +30.8% |
| Total equity and liabilities | 10/49 | €10,041,761 | €10,722,810 | +€681,049 | +6.8% |
| Equity | 10/15 | €3,222,284 | €3,646,915 | +€424,631 | +13.2% |
| Contributions | 10/11 | €2,833,500 | €2,833,500 | = | 0.0% |
| Reserves | 13 | €388,784 | €813,415 | +€424,631 | +109% |
| Distributable reserves | 133 | €388,784 | €813,415 | +€424,631 | +109% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €6,819,477 | €7,075,895 | +€256,418 | +3.8% |
| Amounts payable after more than one year | 17 | €4,988,070 | €3,977,067 | -€1.0m | -20.3% |
| Financial debts | 170/4 | €4,988,070 | €3,977,067 | -€1.0m | -20.3% |
| Amounts payable within one year | 42/48 | €1,593,010 | €2,833,255 | +€1.2m | +77.9% |
| Current portion of amounts payable after more than one year | 42 | €969,974 | €1,011,003 | +€41,029 | +4.2% |
| Trade debts | 44 | €207,671 | €232,327 | +€24,656 | +11.9% |
| Suppliers | 440/4 | €207,671 | €232,327 | +€24,656 | +11.9% |
| Taxes, remuneration and social security | 45 | €9,182 | €108,822 | +€99,640 | +1,085% |
| Taxes | 450/3 | €9,182 | €108,822 | +€99,640 | +1,085% |
| Other amounts payable | 47/48 | €406,183 | €1,481,102 | +€1.1m | +265% |
| Accrued charges and deferred income | 492/3 | €238,398 | €265,573 | +€27,176 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €307 | €3,730 | +€3,423 | +1,113% |
| Other operating charges | 640/8 | €578 | €1,143 | +€565 | +97.7% |
| Gross operating margin | 9900 | €1,116,048 | €695,910 | -€420,138 | -37.6% |
| Operating profit (loss) | 9901 | €1,115,162 | €691,037 | -€424,125 | -38.0% |
| Financial income | 75/76B | €324,837 | €207,673 | -€117,164 | -36.1% |
| Recurring financial income | 75 | €324,837 | €207,673 | -€117,164 | -36.1% |
| Financial charges | 65/66B | €389,285 | €373,669 | -€15,617 | -4.0% |
| Recurring financial charges | 65 | €389,285 | €373,669 | -€15,617 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €1,050,714 | €525,042 | -€525,672 | -50.0% |
| Income taxes | 67/77 | €43,422 | €100,410 | +€56,989 | +131% |
| Profit (loss) for the period | 9904 | €1,007,292 | €424,631 | -€582,661 | -57.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,007,292 | €424,631 | -€582,661 | -57.8% |
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 18 October 2026 via checked.be.