AGNC: 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.
AGNC
Largest movements
- Cash +€16,469
up €16,469 (+105.3%), from €15,645 to €32,114
mainly Net result for the year (+€10,713) and Tax, wage and social debts (+€5,474)
- Tangible fixed assets -€2,891
down €2,891 (-52.2%), from €5,541 to €2,650
- Receivables within one year +€1,683
up €1,683 (+19.2%), from €8,789 to €10,472
of which Trade receivables: +€1,557
- Profit (loss) carried forward +€10,714
up €10,714 (+201.2%), from €5,324 to €16,038
- Tax, wage and social debts +€5,474
up €5,474 (+89.8%), from €6,098 to €11,572
- Other debts -€870
down €870 (-24.3%), from €3,574 to €2,704
- Gross operating margin +€5,140
up €5,140 (+33.9%), from €15,153 to €20,293
- Depreciation -€1,457
down €1,457 (-33.5%), from €4,348 to €2,891
- Taxes +€1,032
up €1,032 (+21.7%), from €4,764 to €5,796
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,996 | €45,314 | +€15,318 | +51.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €5,541 | €2,650 | -€2,891 | -52.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €5,541 | €2,650 | -€2,891 | -52.2% |
| Furniture and vehicles | 24 | €5,541 | €2,650 | -€2,891 | -52.2% |
| Current assets | 29/58 | €24,456 | €42,664 | +€18,208 | +74.5% |
| Amounts receivable within one year | 40/41 | €8,789 | €10,472 | +€1,683 | +19.2% |
| Trade receivables | 40 | €8,789 | €10,346 | +€1,557 | +17.7% |
| Other amounts receivable | 41 | - | €126 | +€126 | |
| Cash at bank and in hand | 54/58 | €15,645 | €32,114 | +€16,469 | +105.3% |
| Deferred charges and accrued income | 490/1 | €21 | €78 | +€57 | +263.0% |
| Total equity and liabilities | 10/49 | €29,996 | €45,314 | +€15,318 | +51.1% |
| Equity | 10/15 | €20,324 | €31,038 | +€10,714 | +52.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,324 | €16,038 | +€10,714 | +201.2% |
| Amounts payable | 17/49 | €9,672 | €14,276 | +€4,604 | +47.6% |
| Amounts payable within one year | 42/48 | €9,672 | €14,276 | +€4,604 | +47.6% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €6,098 | €11,572 | +€5,474 | +89.8% |
| Taxes | 450/3 | €6,098 | €11,572 | +€5,474 | +89.8% |
| Other amounts payable | 47/48 | €3,574 | €2,704 | -€870 | -24.3% |
| Remuneration, social security and pensions | 62 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,348 | €2,891 | -€1,457 | -33.5% |
| Other operating charges | 640/8 | €714 | €799 | +€85 | +11.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €15,153 | €20,293 | +€5,140 | +33.9% |
| Operating profit (loss) | 9901 | €10,091 | €16,603 | +€6,512 | +64.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2 | €94 | +€92 | +4745.4% |
| Recurring financial charges | 65 | €2 | €94 | +€92 | +4745.4% |
| Profit (loss) for the period before taxes | 9903 | €10,089 | €16,509 | +€6,420 | +63.6% |
| Income taxes | 67/77 | €4,764 | €5,796 | +€1,032 | +21.7% |
| Profit (loss) for the period | 9904 | €5,324 | €10,713 | +€5,389 | +101.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,324 | €10,713 | +€5,389 | +101.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.