AGOKO: 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.
AGOKO
Largest movements
- Cash -€131,231
down €131,231 (-29.7%), from €441,844 to €310,612
mainly Investment in fixed assets (net) (-€144,000) and Net result for the year (-€84,121)
- Intangible fixed assets +€28,859
up €28,859 (+19.9%), from €144,832 to €173,691
- Receivables within one year +€22,293
up €22,293 (+100.2%), from €22,250 to €44,543
of which Trade receivables: +€40,578
- Profit (loss) carried forward -€84,121
down €84,121 (-80.4%), from -€104,668 to -€188,789
- Depreciation -€12,292
down €12,292 (-9.6%), from €127,433 to €115,141
- Gross operating margin +€11,036
up €11,036 (+55.3%), from €19,966 to €31,001
- Financial income -€4,389
down €4,389 (-81.8%), from €5,367 to €978
- Taxes -€1,320
down €1,320 (-82.0%), from €1,610 to €290
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.
Cash bridge derived
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 | €609,901 | €529,359 | -€80,542 | -13.2% |
| Fixed assets | 21/28 | €144,832 | €173,691 | +€28,859 | +19.9% |
| Intangible fixed assets | 21 | €144,832 | €173,691 | +€28,859 | +19.9% |
| Current assets | 29/58 | €465,069 | €355,668 | -€109,401 | -23.5% |
| Amounts receivable within one year | 40/41 | €22,250 | €44,543 | +€22,293 | +100.2% |
| Trade receivables | 40 | €1,530 | €42,108 | +€40,578 | +2652.2% |
| Other amounts receivable | 41 | €20,720 | €2,435 | -€18,285 | -88.2% |
| Cash at bank and in hand | 54/58 | €441,844 | €310,612 | -€131,231 | -29.7% |
| Deferred charges and accrued income | 490/1 | €975 | €513 | -€462 | -47.4% |
| Total equity and liabilities | 10/49 | €609,901 | €529,359 | -€80,542 | -13.2% |
| Equity | 10/15 | €606,769 | €522,649 | -€84,121 | -13.9% |
| Contributions | 10/11 | €76,000 | €76,000 | = | 0.0% |
| Capital | 10 | €76,000 | €76,000 | = | 0.0% |
| Issued capital | 100 | €76,000 | €76,000 | = | 0.0% |
| Reserves | 13 | €635,438 | €635,438 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,600 | €7,600 | = | 0.0% |
| Legal reserve | 130 | €7,600 | €7,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €404,284 | €404,284 | = | 0.0% |
| Distributable reserves | 133 | €223,553 | €223,553 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€104,668 | -€188,789 | -€84,121 | -80.4% |
| Amounts payable | 17/49 | €3,132 | €6,711 | +€3,579 | +114.3% |
| Amounts payable within one year | 42/48 | €2,877 | €6,431 | +€3,554 | +123.5% |
| Trade debts | 44 | €2,378 | €5,350 | +€2,972 | +125.0% |
| Suppliers | 440/4 | €2,378 | €5,350 | +€2,972 | +125.0% |
| Other amounts payable | 47/48 | €499 | €1,081 | +€582 | +116.6% |
| Accrued charges and deferred income | 492/3 | €255 | €279 | +€25 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127,433 | €115,141 | -€12,292 | -9.6% |
| Other operating charges | 640/8 | €467 | €313 | -€154 | -33.0% |
| Gross operating margin | 9900 | €19,966 | €31,001 | +€11,036 | +55.3% |
| Operating profit (loss) | 9901 | -€107,934 | -€84,452 | +€23,482 | +21.8% |
| Financial income | 75/76B | €5,367 | €978 | -€4,389 | -81.8% |
| Recurring financial income | 75 | €5,367 | €978 | -€4,389 | -81.8% |
| Financial charges | 65/66B | €491 | €357 | -€135 | -27.4% |
| Recurring financial charges | 65 | €491 | €357 | -€135 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | -€103,058 | -€83,831 | +€19,227 | +18.7% |
| Income taxes | 67/77 | €1,610 | €290 | -€1,320 | -82.0% |
| Profit (loss) for the period | 9904 | -€104,668 | -€84,121 | +€20,547 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€104,668 | -€84,121 | +€20,547 | +19.6% |
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 10 October 2026 via checked.be.