AGNEESSENS: 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.
AGNEESSENS
Largest movements
- Cash +€90,448
up €90,448 (+34.2%), from €264,783 to €355,230
mainly Net result for the year (+€85,543) and Other debts (+€52,401)
- Other debts +€52,401
up €52,401 (+511%), from €10,248 to €62,648
- Reserves +€31,500
up €31,500 (+6.6%), from €478,878 to €510,378
of which Distributable reserves: +€31,500
- Debts after one year -€26,612
down €26,612 (-42.3%), from €62,943 to €36,331
- Tax, wage and social debts +€20,037
up €20,037 (+669%), from €2,997 to €23,034
of which Taxes: +€20,187
- Staff costs +€15,976
up €15,976 (+53.7%), from €29,745 to €45,722
- Gross operating margin +€14,247
up €14,247 (+9.3%), from €153,622 to €167,870
- Depreciation -€12,212
down €12,212 (-93.7%), from €13,036 to €824
- Taxes +€5,825
up €5,825 (+20.2%), from €28,847 to €34,672
- Other operating charges -€5,468
down €5,468 (-90.1%), from €6,071 to €603
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 | €674,364 | €757,349 | +€82,985 | +12.3% |
| Fixed assets | 21/28 | €388,464 | €381,108 | -€7,356 | -1.9% |
| Tangible fixed assets | 22/27 | €8,033 | €677 | -€7,356 | -91.6% |
| Plant, machinery and equipment | 23 | €540 | - | -€540 | |
| Furniture and vehicles | 24 | €7,492 | €677 | -€6,815 | -91.0% |
| Financial fixed assets | 28 | €380,431 | €380,431 | = | 0.0% |
| Current assets | 29/58 | €285,900 | €376,241 | +€90,341 | +31.6% |
| Amounts receivable within one year | 40/41 | €21,117 | €21,011 | -€107 | -0.5% |
| Trade receivables | 40 | €20,003 | €21,011 | +€1,008 | +5.0% |
| Other amounts receivable | 41 | €1,115 | - | -€1,115 | |
| Cash at bank and in hand | 54/58 | €264,783 | €355,230 | +€90,448 | +34.2% |
| Total equity and liabilities | 10/49 | €674,364 | €757,349 | +€82,985 | +12.3% |
| Equity | 10/15 | €552,489 | €589,532 | +€37,043 | +6.7% |
| Contributions | 10/11 | €55,776 | €55,776 | = | 0.0% |
| Reserves | 13 | €478,878 | €510,378 | +€31,500 | +6.6% |
| Non-distributable reserves | 130/1 | €5,578 | €5,578 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,578 | €5,578 | = | 0.0% |
| Distributable reserves | 133 | €473,300 | €504,800 | +€31,500 | +6.7% |
| Profit (loss) carried forward | 14 | €17,836 | €23,378 | +€5,543 | +31.1% |
| Provisions and deferred taxes | 16 | €5,172 | €5,172 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €5,172 | €5,172 | = | 0.0% |
| Environmental obligations | 163 | €5,172 | €5,172 | = | 0.0% |
| Amounts payable | 17/49 | €116,703 | €162,645 | +€45,942 | +39.4% |
| Amounts payable after more than one year | 17 | €62,943 | €36,331 | -€26,612 | -42.3% |
| Financial debts | 170/4 | €62,943 | €36,331 | -€26,612 | -42.3% |
| Amounts payable within one year | 42/48 | €53,705 | €126,247 | +€72,542 | +135% |
| Current portion of amounts payable after more than one year | 42 | €30,845 | €26,612 | -€4,233 | -13.7% |
| Financial debts | 43 | €3,761 | €4,738 | +€977 | +26.0% |
| Credit institutions | 430/8 | €3,761 | €4,738 | +€977 | +26.0% |
| Trade debts | 44 | €5,855 | €9,215 | +€3,360 | +57.4% |
| Suppliers | 440/4 | €5,855 | €9,215 | +€3,360 | +57.4% |
| Taxes, remuneration and social security | 45 | €2,997 | €23,034 | +€20,037 | +669% |
| Taxes | 450/3 | €2,847 | €23,034 | +€20,187 | +709% |
| Remuneration and social security | 454/9 | €150 | - | -€150 | |
| Other amounts payable | 47/48 | €10,248 | €62,648 | +€52,401 | +511% |
| Accrued charges and deferred income | 492/3 | €55 | €67 | +€12 | +22.8% |
| Non-recurring operating income | 76A | - | €13,717 | +€13,717 | |
| Remuneration, social security and pensions | 62 | €29,745 | €45,722 | +€15,976 | +53.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,036 | €824 | -€12,212 | -93.7% |
| Other operating charges | 640/8 | €6,071 | €603 | -€5,468 | -90.1% |
| Gross operating margin | 9900 | €153,622 | €167,870 | +€14,247 | +9.3% |
| Operating profit (loss) | 9901 | €104,770 | €120,721 | +€15,952 | +15.2% |
| Financial income | 75/76B | €560 | €1,949 | +€1,389 | +248% |
| Recurring financial income | 75 | €560 | €1,949 | +€1,389 | +248% |
| Financial charges | 65/66B | €2,944 | €2,456 | -€488 | -16.6% |
| Recurring financial charges | 65 | €2,944 | €2,456 | -€488 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €102,386 | €120,215 | +€17,829 | +17.4% |
| Income taxes | 67/77 | €28,847 | €34,672 | +€5,825 | +20.2% |
| Profit (loss) for the period | 9904 | €73,540 | €85,543 | +€12,003 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €73,540 | €85,543 | +€12,003 | +16.3% |
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 13 October 2026 via checked.be.