agmc: 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.
agmc
Largest movements
- Receivables within one year +€4,570
up €4,570 (+5.4%), from €84,249 to €88,820
of which Trade receivables: +€20,955
- Tangible fixed assets +€3,896
up €3,896 (+39.9%), from €9,767 to €13,663
of which Furniture and vehicles: +€2,897
- Deferred charges and accrued income +€1,848
up €1,848 (+87.7%), from €2,107 to €3,955
- Cash +€1,516
up €1,516 (+4.7%), from €31,985 to €33,501
mainly Net result for the year (+€23,473) and Trade debts (+€11,804)
- Reserves +€23,473
up €23,473 (+59.2%), from €39,669 to €63,142
of which Distributable reserves: +€23,473
- Accrued charges and deferred income -€14,118
no longer reported in 2025 (was €14,118)
- Trade debts +€11,804
new in 2025: €11,804
- Current portion of long-term debt -€5,148
down €5,148 (-66.6%), from €7,724 to €2,576
- Tax, wage and social debts -€2,312
down €2,312 (-5.1%), from €45,727 to €43,415
of which Remuneration and social security: -€14,484
- Staff costs -€15,015
down €15,015 (-11.8%), from €127,119 to €112,104
- Gross operating margin +€13,019
up €13,019 (+9.2%), from €140,806 to €153,826
- Taxes +€4,751
up €4,751 (+167.4%), from €2,838 to €7,589
- Other operating charges -€2,037
down €2,037 (-76.4%), from €2,667 to €630
- Financial income -€1,817
down €1,817 (-100.0%), from €1,817 to €0
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 | €128,108 | €139,938 | +€11,830 | +9.2% |
| Fixed assets | 21/28 | €9,767 | €13,663 | +€3,896 | +39.9% |
| Tangible fixed assets | 22/27 | €9,767 | €13,663 | +€3,896 | +39.9% |
| Plant, machinery and equipment | 23 | - | €999 | +€999 | |
| Furniture and vehicles | 24 | €9,767 | €12,664 | +€2,897 | +29.7% |
| Current assets | 29/58 | €118,341 | €126,275 | +€7,934 | +6.7% |
| Amounts receivable within one year | 40/41 | €84,249 | €88,820 | +€4,570 | +5.4% |
| Trade receivables | 40 | €34,456 | €55,411 | +€20,955 | +60.8% |
| Other amounts receivable | 41 | €49,793 | €33,409 | -€16,385 | -32.9% |
| Cash at bank and in hand | 54/58 | €31,985 | €33,501 | +€1,516 | +4.7% |
| Deferred charges and accrued income | 490/1 | €2,107 | €3,955 | +€1,848 | +87.7% |
| Total equity and liabilities | 10/49 | €128,108 | €139,938 | +€11,830 | +9.2% |
| Equity | 10/15 | €58,669 | €82,142 | +€23,473 | +40.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €39,669 | €63,142 | +€23,473 | +59.2% |
| Non-distributable reserves | 130/1 | €319 | €319 | = | 0.0% |
| Reserves not available under the articles | 1311 | €319 | €319 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €36,349 | €59,823 | +€23,473 | +64.6% |
| Amounts payable | 17/49 | €69,439 | €57,796 | -€11,643 | -16.8% |
| Amounts payable after more than one year | 17 | €1,870 | - | -€1,870 | |
| Financial debts | 170/4 | €1,870 | - | -€1,870 | |
| Amounts payable within one year | 42/48 | €53,451 | €57,796 | +€4,345 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €7,724 | €2,576 | -€5,148 | -66.6% |
| Trade debts | 44 | - | €11,804 | +€11,804 | |
| Suppliers | 440/4 | - | €11,804 | +€11,804 | |
| Taxes, remuneration and social security | 45 | €45,727 | €43,415 | -€2,312 | -5.1% |
| Taxes | 450/3 | €23,680 | €35,852 | +€12,172 | +51.4% |
| Remuneration and social security | 454/9 | €22,048 | €7,564 | -€14,484 | -65.7% |
| Accrued charges and deferred income | 492/3 | €14,118 | - | -€14,118 | |
| Remuneration, social security and pensions | 62 | €127,119 | €112,104 | -€15,015 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,429 | €8,798 | +€369 | +4.4% |
| Other operating charges | 640/8 | €2,667 | €630 | -€2,037 | -76.4% |
| Gross operating margin | 9900 | €140,806 | €153,826 | +€13,019 | +9.2% |
| Operating profit (loss) | 9901 | €2,592 | €32,294 | +€29,702 | +1146.0% |
| Financial income | 75/76B | €1,817 | €0 | -€1,817 | -100.0% |
| Recurring financial income | 75 | €1,817 | €0 | -€1,817 | -100.0% |
| Financial charges | 65/66B | €279 | €1,232 | +€953 | +342.0% |
| Recurring financial charges | 65 | €279 | €1,232 | +€953 | +342.0% |
| Profit (loss) for the period before taxes | 9903 | €4,130 | €31,062 | +€26,933 | +652.2% |
| Income taxes | 67/77 | €2,838 | €7,589 | +€4,751 | +167.4% |
| Profit (loss) for the period | 9904 | €1,292 | €23,473 | +€22,182 | +1717.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,292 | €23,473 | +€22,182 | +1717.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.