Agnes Kintzinger: 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.
Agnes Kintzinger
Largest movements
- Cash +€17,422
up €17,422 (+36.9%), from €47,217 to €64,639
mainly Net result for the year (+€17,659) and Depreciation (+€15,896)
- Intangible fixed assets -€11,883
down €11,883 (-66.7%), from €17,825 to €5,942
- Receivables within one year -€9,060
down €9,060 (-92.1%), from €9,840 to €779
of which Trade receivables: -€7,129
- Tangible fixed assets +€986
up €986 (+7.0%), from €14,181 to €15,166
of which Furniture and vehicles: +€3,206
- Reserves +€15,376
new in 2025: €15,376
- Other debts -€10,682
down €10,682 (-15.3%), from €69,783 to €59,101
- Debts after one year -€4,785
no longer reported in 2025 (was €4,785)
- Current portion of long-term debt -€4,548
down €4,548 (-48.7%), from €9,333 to €4,785
- Profit (loss) carried forward +€2,284
no longer reported in 2025 (was -€2,284)
- Gross operating margin +€19,369
up €19,369 (+83.7%), from €23,153 to €42,522
- Taxes +€2,931
up €2,931 (+128%), from €2,290 to €5,221
- Financial charges +€1,849
up €1,849 (+126%), from €1,473 to €3,321
- Depreciation +€826
up €826 (+5.5%), from €15,070 to €15,896
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 | €90,961 | €87,937 | -€3,023 | -3.3% |
| Fixed assets | 21/28 | €32,006 | €21,108 | -€10,898 | -34.0% |
| Intangible fixed assets | 21 | €17,825 | €5,942 | -€11,883 | -66.7% |
| Tangible fixed assets | 22/27 | €14,181 | €15,166 | +€986 | +7.0% |
| Plant, machinery and equipment | 23 | €12,024 | €9,803 | -€2,220 | -18.5% |
| Furniture and vehicles | 24 | €2,157 | €5,363 | +€3,206 | +149% |
| Current assets | 29/58 | €58,955 | €66,829 | +€7,874 | +13.4% |
| Amounts receivable within one year | 40/41 | €9,840 | €779 | -€9,060 | -92.1% |
| Trade receivables | 40 | €7,129 | - | -€7,129 | |
| Other amounts receivable | 41 | €2,710 | €779 | -€1,931 | -71.2% |
| Cash at bank and in hand | 54/58 | €47,217 | €64,639 | +€17,422 | +36.9% |
| Deferred charges and accrued income | 490/1 | €1,898 | €1,411 | -€487 | -25.7% |
| Total equity and liabilities | 10/49 | €90,961 | €87,937 | -€3,023 | -3.3% |
| Equity | 10/15 | €3,916 | €21,576 | +€17,659 | +451% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €15,376 | +€15,376 | |
| Distributable reserves | 133 | - | €15,376 | +€15,376 | |
| Profit (loss) carried forward | 14 | -€2,284 | - | +€2,284 | |
| Amounts payable | 17/49 | €87,044 | €66,362 | -€20,683 | -23.8% |
| Amounts payable after more than one year | 17 | €4,785 | - | -€4,785 | |
| Financial debts | 170/4 | €4,785 | - | -€4,785 | |
| Amounts payable within one year | 42/48 | €81,347 | €66,362 | -€14,985 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €9,333 | €4,785 | -€4,548 | -48.7% |
| Trade debts | 44 | €2,231 | €2,476 | +€245 | +11.0% |
| Suppliers | 440/4 | €2,231 | €2,476 | +€245 | +11.0% |
| Other amounts payable | 47/48 | €69,783 | €59,101 | -€10,682 | -15.3% |
| Accrued charges and deferred income | 492/3 | €912 | - | -€912 | |
| Non-recurring operating income | 76A | - | €14,500 | +€14,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,070 | €15,896 | +€826 | +5.5% |
| Other operating charges | 640/8 | €789 | €380 | -€409 | -51.9% |
| Non-recurring operating charges | 66A | - | €116 | +€116 | |
| Gross operating margin | 9900 | €23,153 | €42,522 | +€19,369 | +83.7% |
| Operating profit (loss) | 9901 | €7,294 | €26,130 | +€18,836 | +258% |
| Financial income | 75/76B | €174 | €71 | -€103 | -59.1% |
| Recurring financial income | 75 | €174 | €71 | -€103 | -59.1% |
| Financial charges | 65/66B | €1,473 | €3,321 | +€1,849 | +126% |
| Recurring financial charges | 65 | €1,473 | €3,321 | +€1,849 | +126% |
| Profit (loss) for the period before taxes | 9903 | €5,995 | €22,880 | +€16,885 | +282% |
| Income taxes | 67/77 | €2,290 | €5,221 | +€2,931 | +128% |
| Profit (loss) for the period | 9904 | €3,705 | €17,659 | +€13,954 | +377% |
| Profit (loss) for the period to be appropriated | 9905 | €3,705 | €17,659 | +€13,954 | +377% |
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 22 October 2026 via checked.be.