Agomax: 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.
Agomax
Largest movements
- Deferred charges and accrued income -€20,215
down €20,215 (-94.4%), from €21,417 to €1,202
- Receivables within one year +€15,495
new in 2025: €15,495
- Reserves +€116,910
new in 2025: €116,910
- Profit (loss) carried forward -€58,209
down €58,209 (-100%), from €58,209 to €0
- Other debts -€30,485
down €30,485 (-15.2%), from €200,329 to €169,844
- Current portion of long-term debt -€26,438
down €26,438 (-78.0%), from €33,908 to €7,470
- Debts after one year -€7,470
down €7,470 (-100%), from €7,470 to €0
- Gross operating margin +€19,547
up €19,547 (+19.6%), from €99,772 to €119,319
- Staff costs -€6,054
down €6,054 (-11.4%), from €52,906 to €46,852
- Taxes +€5,870
new in 2025: €5,870
- Financial charges +€5,369
up €5,369 (+399%), from €1,345 to €6,714
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 | €387,774 | €382,220 | -€5,554 | -1.4% |
| Fixed assets | 21/28 | €364,540 | €364,540 | +€0 | 0.0% |
| Intangible fixed assets | 21 | €364,540 | €364,540 | +€0 | 0.0% |
| Current assets | 29/58 | €23,234 | €17,680 | -€5,554 | -23.9% |
| Amounts receivable within one year | 40/41 | - | €15,495 | +€15,495 | |
| Trade receivables | 40 | - | €15,495 | +€15,495 | |
| Cash at bank and in hand | 54/58 | €1,817 | €983 | -€834 | -45.9% |
| Deferred charges and accrued income | 490/1 | €21,417 | €1,202 | -€20,215 | -94.4% |
| Total equity and liabilities | 10/49 | €387,774 | €382,220 | -€5,554 | -1.4% |
| Equity | 10/15 | €120,209 | €178,910 | +€58,701 | +48.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | - | €116,910 | +€116,910 | |
| Distributable reserves | 133 | - | €116,910 | +€116,910 | |
| Profit (loss) carried forward | 14 | €58,209 | €0 | -€58,209 | -100% |
| Amounts payable | 17/49 | €267,565 | €203,309 | -€64,256 | -24.0% |
| Amounts payable after more than one year | 17 | €7,470 | €0 | -€7,470 | -100% |
| Financial debts | 170/4 | €7,470 | €0 | -€7,470 | -100% |
| Amounts payable within one year | 42/48 | €260,095 | €203,309 | -€56,786 | -21.8% |
| Current portion of amounts payable after more than one year | 42 | €33,908 | €7,470 | -€26,438 | -78.0% |
| Trade debts | 44 | €4,308 | €5,325 | +€1,017 | +23.6% |
| Suppliers | 440/4 | €4,308 | €5,325 | +€1,017 | +23.6% |
| Taxes, remuneration and social security | 45 | €21,550 | €20,670 | -€880 | -4.1% |
| Taxes | 450/3 | - | €5,870 | +€5,870 | |
| Remuneration and social security | 454/9 | €21,550 | €14,800 | -€6,750 | -31.3% |
| Other amounts payable | 47/48 | €200,329 | €169,844 | -€30,485 | -15.2% |
| Remuneration, social security and pensions | 62 | €52,906 | €46,852 | -€6,054 | -11.4% |
| Other operating charges | 640/8 | - | €1,182 | +€1,182 | |
| Gross operating margin | 9900 | €99,772 | €119,319 | +€19,547 | +19.6% |
| Operating profit (loss) | 9901 | €46,866 | €71,286 | +€24,420 | +52.1% |
| Financial charges | 65/66B | €1,345 | €6,714 | +€5,369 | +399% |
| Recurring financial charges | 65 | €1,345 | €6,714 | +€5,369 | +399% |
| Profit (loss) for the period before taxes | 9903 | €45,521 | €64,572 | +€19,051 | +41.9% |
| Income taxes | 67/77 | - | €5,870 | +€5,870 | |
| Profit (loss) for the period | 9904 | €45,521 | €58,702 | +€13,181 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,521 | €58,702 | +€13,181 | +29.0% |
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 16 October 2026 via checked.be.