AGO CONSULTING: 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.
AGO CONSULTING
Largest movements
- Cash +€74,187
up €74,187 (+16.4%), from €452,023 to €526,210
mainly Net result for the year (+€63,976) and Trade debts (+€6,393)
- Reserves +€63,900
up €63,900 (+18.4%), from €346,345 to €410,245
of which Distributable reserves: +€63,900
- Trade debts +€6,393
up €6,393 (+929%), from €688 to €7,081
- Financial income -€7,130
no longer reported in 2025 (was €7,130)
- Gross operating margin +€5,785
up €5,785 (+6.7%), from €86,697 to €92,482
- Depreciation -€1,080
down €1,080 (-43.2%), from €2,498 to €1,418
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 | €481,837 | €555,405 | +€73,568 | +15.3% |
| Fixed assets | 21/28 | €3,608 | €2,190 | -€1,418 | -39.3% |
| Tangible fixed assets | 22/27 | €3,608 | €2,190 | -€1,418 | -39.3% |
| Furniture and vehicles | 24 | €3,608 | €2,190 | -€1,418 | -39.3% |
| Current assets | 29/58 | €478,229 | €553,215 | +€74,986 | +15.7% |
| Amounts receivable within one year | 40/41 | €25,114 | €25,909 | +€795 | +3.2% |
| Trade receivables | 40 | €25,114 | €25,909 | +€795 | +3.2% |
| Cash at bank and in hand | 54/58 | €452,023 | €526,210 | +€74,187 | +16.4% |
| Deferred charges and accrued income | 490/1 | €1,092 | €1,096 | +€4 | +0.4% |
| Total equity and liabilities | 10/49 | €481,837 | €555,405 | +€73,568 | +15.3% |
| Equity | 10/15 | €456,286 | €519,403 | +€63,117 | +13.8% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €346,345 | €410,245 | +€63,900 | +18.4% |
| Tax-exempt reserves | 132 | €145 | €145 | = | 0.0% |
| Distributable reserves | 133 | €346,200 | €410,100 | +€63,900 | +18.5% |
| Profit (loss) carried forward | 14 | €101,881 | €101,098 | -€783 | -0.8% |
| Amounts payable | 17/49 | €25,551 | €36,002 | +€10,451 | +40.9% |
| Amounts payable within one year | 42/48 | €25,551 | €36,002 | +€10,451 | +40.9% |
| Trade debts | 44 | €688 | €7,081 | +€6,393 | +929% |
| Suppliers | 440/4 | €688 | €7,081 | +€6,393 | +929% |
| Taxes, remuneration and social security | 45 | €24,534 | €28,568 | +€4,034 | +16.4% |
| Taxes | 450/3 | €24,534 | €28,568 | +€4,034 | +16.4% |
| Other amounts payable | 47/48 | €329 | €353 | +€24 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,498 | €1,418 | -€1,080 | -43.2% |
| Other operating charges | 640/8 | €459 | €473 | +€14 | +3.1% |
| Gross operating margin | 9900 | €86,697 | €92,482 | +€5,785 | +6.7% |
| Operating profit (loss) | 9901 | €83,740 | €90,591 | +€6,851 | +8.2% |
| Financial income | 75/76B | €7,130 | - | -€7,130 | |
| Recurring financial income | 75 | €7,130 | - | -€7,130 | |
| Financial charges | 65/66B | €1,783 | €1,526 | -€257 | -14.4% |
| Recurring financial charges | 65 | €1,783 | €1,526 | -€257 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €89,087 | €89,065 | -€22 | 0.0% |
| Income taxes | 67/77 | €25,027 | €25,089 | +€62 | +0.2% |
| Profit (loss) for the period | 9904 | €64,060 | €63,976 | -€84 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €64,060 | €63,976 | -€84 | -0.1% |
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 22 October 2026 via checked.be.