AGOVA: what changed
Two fiscal 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.
AGOVA
Largest movements
- Tangible fixed assets +€306,717
up €306,717 (+360.8%), from €85,000 to €391,717
- Receivables within one year -€10,000
no longer reported in 2025 (was €10,000)
- Other debts +€323,168
up €323,168 (+91.6%), from €352,815 to €675,983
- Profit (loss) carried forward -€25,167
down €25,167 (-5.7%), from -€444,342 to -€469,509
- Gross operating margin -€3,678
down €3,678 (-343.2%), from -€1,072 to -€4,750
- Other operating charges +€1,856
up €1,856 (+371.7%), from €499 to €2,355
- Financial charges +€1,771
up €1,771 (+12.1%), from €14,604 to €16,376
- Depreciation +€1,687
up €1,687, from €0 to €1,687
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 | €97,074 | €395,074 | +€298,000 | +307.0% |
| Fixed assets | 21/28 | €85,000 | €391,717 | +€306,717 | +360.8% |
| Tangible fixed assets | 22/27 | €85,000 | €391,717 | +€306,717 | +360.8% |
| Land and buildings | 22 | €85,000 | €391,717 | +€306,717 | +360.8% |
| Current assets | 29/58 | €12,074 | €3,357 | -€8,717 | -72.2% |
| Amounts receivable within one year | 40/41 | €10,000 | - | -€10,000 | |
| Other amounts receivable | 41 | €10,000 | - | -€10,000 | |
| Cash at bank and in hand | 54/58 | €2,074 | €3,357 | +€1,283 | +61.9% |
| Total equity and liabilities | 10/49 | €97,074 | €395,074 | +€298,000 | +307.0% |
| Equity | 10/15 | -€425,742 | -€450,909 | -€25,167 | -5.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€444,342 | -€469,509 | -€25,167 | -5.7% |
| Amounts payable | 17/49 | €522,815 | €845,983 | +€323,168 | +61.8% |
| Amounts payable after more than one year | 17 | €170,000 | €170,000 | = | 0.0% |
| Financial debts | 170/4 | €170,000 | €170,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €352,815 | €675,983 | +€323,168 | +91.6% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €352,815 | €675,983 | +€323,168 | +91.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €1,687 | +€1,687 | |
| Other operating charges | 640/8 | €499 | €2,355 | +€1,856 | +371.7% |
| Gross operating margin | 9900 | -€1,072 | -€4,750 | -€3,678 | -343.2% |
| Operating profit (loss) | 9901 | -€1,571 | -€8,792 | -€7,221 | -459.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €14,604 | €16,376 | +€1,771 | +12.1% |
| Recurring financial charges | 65 | €14,604 | €16,376 | +€1,771 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,175 | -€25,167 | -€8,992 | -55.6% |
| Profit (loss) for the period | 9904 | -€16,175 | -€25,167 | -€8,992 | -55.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,175 | -€25,167 | -€8,992 | -55.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.