AGON: 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.
AGON
Largest movements
- Cash +€18,063
up €18,063 (+43.1%), from €41,867 to €59,930
mainly Net result for the year (+€15,765) and Trade debts (+€11,106)
- Receivables within one year +€5,372
up €5,372 (+80.1%), from €6,705 to €12,077
of which Trade receivables: +€5,683
- Tangible fixed assets -€3,528
down €3,528 (-27.1%), from €13,034 to €9,506
of which Furniture and vehicles: -€2,689
- Trade debts +€11,106
up €11,106 (+395%), from €2,809 to €13,915
- Other debts +€7,875
up €7,875 (+65.8%), from €11,963 to €19,838
- Tax, wage and social debts +€969
up €969 (+12.7%), from €7,621 to €8,590
- Gross operating margin -€5,341
down €5,341 (-17.0%), from €31,426 to €26,085
- Taxes -€4,239
down €4,239 (-47.7%), from €8,882 to €4,643
- Other operating charges +€627
up €627 (+130%), from €482 to €1,109
- Depreciation +€456
up €456 (+12.1%), from €3,779 to €4,234
- Financial charges -€363
down €363 (-51.4%), from €707 to €343
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 | €62,073 | €82,023 | +€19,950 | +32.1% |
| Fixed assets | 21/28 | €13,034 | €9,506 | -€3,528 | -27.1% |
| Tangible fixed assets | 22/27 | €13,034 | €9,506 | -€3,528 | -27.1% |
| Furniture and vehicles | 24 | €6,406 | €3,718 | -€2,689 | -42.0% |
| Other tangible fixed assets | 26 | €6,628 | €5,789 | -€839 | -12.7% |
| Current assets | 29/58 | €49,039 | €72,516 | +€23,477 | +47.9% |
| Amounts receivable within one year | 40/41 | €6,705 | €12,077 | +€5,372 | +80.1% |
| Trade receivables | 40 | €1,036 | €6,719 | +€5,683 | +549% |
| Other amounts receivable | 41 | €5,669 | €5,357 | -€311 | -5.5% |
| Cash at bank and in hand | 54/58 | €41,867 | €59,930 | +€18,063 | +43.1% |
| Deferred charges and accrued income | 490/1 | €467 | €509 | +€42 | +9.1% |
| Total equity and liabilities | 10/49 | €62,073 | €82,023 | +€19,950 | +32.1% |
| Equity | 10/15 | €39,680 | €39,680 | = | 0.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €39,580 | €39,580 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10 | €10 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10 | €10 | = | 0.0% |
| Distributable reserves | 133 | €39,570 | €39,570 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €22,393 | €42,343 | +€19,950 | +89.1% |
| Amounts payable within one year | 42/48 | €22,393 | €42,343 | +€19,950 | +89.1% |
| Trade debts | 44 | €2,809 | €13,915 | +€11,106 | +395% |
| Suppliers | 440/4 | €2,809 | €13,915 | +€11,106 | +395% |
| Taxes, remuneration and social security | 45 | €7,621 | €8,590 | +€969 | +12.7% |
| Taxes | 450/3 | €7,621 | €8,590 | +€969 | +12.7% |
| Other amounts payable | 47/48 | €11,963 | €19,838 | +€7,875 | +65.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,779 | €4,234 | +€456 | +12.1% |
| Other operating charges | 640/8 | €482 | €1,109 | +€627 | +130% |
| Gross operating margin | 9900 | €31,426 | €26,085 | -€5,341 | -17.0% |
| Operating profit (loss) | 9901 | €27,165 | €20,741 | -€6,424 | -23.6% |
| Financial income | 75/76B | €4 | €10 | +€6 | +146% |
| Recurring financial income | 75 | €4 | €10 | +€6 | +146% |
| Financial charges | 65/66B | €707 | €343 | -€363 | -51.4% |
| Recurring financial charges | 65 | €707 | €343 | -€363 | -51.4% |
| Profit (loss) for the period before taxes | 9903 | €26,462 | €20,408 | -€6,054 | -22.9% |
| Income taxes | 67/77 | €8,882 | €4,643 | -€4,239 | -47.7% |
| Profit (loss) for the period | 9904 | €17,580 | €15,765 | -€1,815 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,580 | €15,765 | -€1,815 | -10.3% |
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 17 October 2026 via checked.be.