AGNES MAQUA: 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 MAQUA
Largest movements
- Cash +€103,641
up €103,641 (+30.7%), from €337,659 to €441,299
mainly Net result for the year (+€76,375) and Receivables within one year (+€32,071)
- Receivables within one year -€32,071
down €32,071 (-31.6%), from €101,515 to €69,445
of which Trade receivables: -€32,071
- Deferred charges and accrued income -€24,763
down €24,763 (-23.0%), from €107,694 to €82,931
- Financial fixed assets -€12,500
down €12,500 (-38.5%), from €32,500 to €20,000
- Reserves +€76,375
up €76,375 (+40.9%), from €186,678 to €263,053
of which Distributable reserves: +€91,775
- Other debts -€24,642
down €24,642 (-27.2%), from €90,454 to €65,813
- Accrued charges and deferred income -€11,000
down €11,000 (-91.7%), from €12,000 to €1,000
- Trade debts -€6,275
down €6,275 (-27.3%), from €22,988 to €16,713
- Other operating charges -€70,032
down €70,032 (-82.9%), from €84,513 to €14,481
- Taxes +€25,540
up €25,540 (+98.3%), from €25,993 to €51,532
- Gross operating margin -€9,774
down €9,774 (-6.2%), from €156,440 to €146,665
- Depreciation +€3,345
up €3,345 (+156%), from €2,145 to €5,490
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 | €592,913 | €624,129 | +€31,217 | +5.3% |
| Fixed assets | 21/28 | €46,044 | €30,454 | -€15,590 | -33.9% |
| Tangible fixed assets | 22/27 | €13,544 | €10,454 | -€3,090 | -22.8% |
| Furniture and vehicles | 24 | €13,544 | €10,454 | -€3,090 | -22.8% |
| Financial fixed assets | 28 | €32,500 | €20,000 | -€12,500 | -38.5% |
| Current assets | 29/58 | €546,868 | €593,675 | +€46,807 | +8.6% |
| Amounts receivable within one year | 40/41 | €101,515 | €69,445 | -€32,071 | -31.6% |
| Trade receivables | 40 | €47,515 | €15,445 | -€32,071 | -67.5% |
| Other amounts receivable | 41 | €54,000 | €54,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €337,659 | €441,299 | +€103,641 | +30.7% |
| Deferred charges and accrued income | 490/1 | €107,694 | €82,931 | -€24,763 | -23.0% |
| Total equity and liabilities | 10/49 | €592,913 | €624,129 | +€31,217 | +5.3% |
| Equity | 10/15 | €410,089 | €486,465 | +€76,375 | +18.6% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €186,678 | €263,053 | +€76,375 | +40.9% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,400 | €0 | -€15,400 | -100% |
| Distributable reserves | 133 | €169,378 | €261,153 | +€91,775 | +54.2% |
| Profit (loss) carried forward | 14 | €204,412 | €204,412 | = | 0.0% |
| Amounts payable | 17/49 | €182,823 | €137,665 | -€45,159 | -24.7% |
| Amounts payable within one year | 42/48 | €170,823 | €136,665 | -€34,159 | -20.0% |
| Trade debts | 44 | €22,988 | €16,713 | -€6,275 | -27.3% |
| Suppliers | 440/4 | €22,988 | €16,713 | -€6,275 | -27.3% |
| Taxes, remuneration and social security | 45 | €57,381 | €54,139 | -€3,242 | -5.7% |
| Taxes | 450/3 | €57,381 | €54,139 | -€3,242 | -5.7% |
| Other amounts payable | 47/48 | €90,454 | €65,813 | -€24,642 | -27.2% |
| Accrued charges and deferred income | 492/3 | €12,000 | €1,000 | -€11,000 | -91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,145 | €5,490 | +€3,345 | +156% |
| Other operating charges | 640/8 | €84,513 | €14,481 | -€70,032 | -82.9% |
| Gross operating margin | 9900 | €156,440 | €146,665 | -€9,774 | -6.2% |
| Operating profit (loss) | 9901 | €69,782 | €126,694 | +€56,912 | +81.6% |
| Financial income | 75/76B | €391 | €453 | +€63 | +16.0% |
| Recurring financial income | 75 | €391 | €453 | +€63 | +16.0% |
| Financial charges | 65/66B | €385 | -€760 | -€1,145 | |
| Recurring financial charges | 65 | €385 | -€760 | -€1,145 | |
| Profit (loss) for the period before taxes | 9903 | €69,788 | €127,908 | +€58,119 | +83.3% |
| Income taxes | 67/77 | €25,993 | €51,532 | +€25,540 | +98.3% |
| Profit (loss) for the period | 9904 | €43,795 | €76,375 | +€32,580 | +74.4% |
| Transfer from tax-exempt reserves | 789 | - | €15,400 | +€15,400 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,795 | €91,775 | +€47,980 | +110% |
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 21 October 2026 via checked.be.