Aglo: 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.
Aglo
Largest movements
- Cash -€313,153
down €313,153 (-48.3%), from €648,010 to €334,857
mainly Current investments (-€300,000) and Contributions, distributions and other (-€263,213)
- Current investments +€300,000
new in 2025: €300,000
- Other debts +€174,928
up €174,928 (+323.9%), from €54,006 to €228,934
- Reserves -€129,657
down €129,657 (-15.1%), from €856,299 to €726,642
of which Distributable reserves: -€117,641
- Tax, wage and social debts -€24,947
down €24,947 (-42.2%), from €59,059 to €34,112
- Financial income -€10,738
down €10,738 (-64.2%), from €16,734 to €5,996
- Taxes +€7,773
up €7,773 (+9.1%), from €85,618 to €93,391
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 | €1,732,069 | €1,734,710 | +€2,641 | +0.2% |
| Fixed assets | 21/28 | €1,084,058 | €1,099,852 | +€15,794 | +1.5% |
| Tangible fixed assets | 22/27 | €1,084,058 | €1,099,852 | +€15,794 | +1.5% |
| Land and buildings | 22 | €1,084,058 | €1,099,852 | +€15,794 | +1.5% |
| Current assets | 29/58 | €648,010 | €634,857 | -€13,153 | -2.0% |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €648,010 | €334,857 | -€313,153 | -48.3% |
| Total equity and liabilities | 10/49 | €1,732,069 | €1,734,710 | +€2,641 | +0.2% |
| Equity | 10/15 | €1,414,804 | €1,285,146 | -€129,657 | -9.2% |
| Contributions | 10/11 | €558,504 | €558,504 | = | 0.0% |
| Reserves | 13 | €856,299 | €726,642 | -€129,657 | -15.1% |
| Non-distributable reserves | 130/1 | €55,850 | €55,850 | = | 0.0% |
| Reserves not available under the articles | 1311 | €55,850 | €55,850 | = | 0.0% |
| Tax-exempt reserves | 132 | €163,492 | €151,476 | -€12,016 | -7.3% |
| Distributable reserves | 133 | €636,957 | €519,315 | -€117,641 | -18.5% |
| Provisions and deferred taxes | 16 | €60,885 | €56,365 | -€4,520 | -7.4% |
| Deferred taxes | 168 | €60,885 | €56,365 | -€4,520 | -7.4% |
| Amounts payable | 17/49 | €256,380 | €393,198 | +€136,818 | +53.4% |
| Amounts payable after more than one year | 17 | €130,000 | €130,000 | = | 0.0% |
| Financial debts | 170/4 | €130,000 | €130,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €126,380 | €263,198 | +€136,818 | +108.3% |
| Trade debts | 44 | €13,316 | €152 | -€13,164 | -98.9% |
| Suppliers | 440/4 | €13,316 | €152 | -€13,164 | -98.9% |
| Taxes, remuneration and social security | 45 | €59,059 | €34,112 | -€24,947 | -42.2% |
| Taxes | 450/3 | €59,059 | €34,112 | -€24,947 | -42.2% |
| Other amounts payable | 47/48 | €54,006 | €228,934 | +€174,928 | +323.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,196 | €90,269 | +€3,073 | +3.5% |
| Other operating charges | 640/8 | €41,354 | €42,117 | +€764 | +1.8% |
| Gross operating margin | 9900 | €356,538 | €358,388 | +€1,850 | +0.5% |
| Operating profit (loss) | 9901 | €227,989 | €226,002 | -€1,987 | -0.9% |
| Financial income | 75/76B | €16,734 | €5,996 | -€10,738 | -64.2% |
| Recurring financial income | 75 | €16,734 | €5,996 | -€10,738 | -64.2% |
| Financial charges | 65/66B | €11,538 | €9,571 | -€1,967 | -17.0% |
| Recurring financial charges | 65 | €11,538 | €9,571 | -€1,967 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €233,184 | €222,427 | -€10,757 | -4.6% |
| Transfer from deferred taxes | 780 | €4,520 | €4,520 | = | 0.0% |
| Income taxes | 67/77 | €85,618 | €93,391 | +€7,773 | +9.1% |
| Profit (loss) for the period | 9904 | €152,086 | €133,555 | -€18,530 | -12.2% |
| Transfer from tax-exempt reserves | 789 | €12,016 | €12,016 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €164,101 | €145,571 | -€18,530 | -11.3% |
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 1 October 2026 via checked.be.