AGOYAN: what changed
AGOYAN
Largest movements
- Cash +€3,856
up €3,856 (+5,294%), from €73 to €3,929
mainly Other debts (+€20,748) and Trade debts (+€9,101)
- Receivables within one year -€1,395
down €1,395 (-9.6%), from €14,586 to €13,192
of which Other amounts receivable: -€14,057
- Tangible fixed assets -€1,083
down €1,083 (-53.1%), from €2,041 to €958
of which Furniture and vehicles: -€783
- Formation expenses -€430
down €430 (-58.5%), from €735 to €305
- Deferred charges and accrued income -€263
no longer reported in 2025 (was €263)
- Profit (loss) carried forward -€29,607
down €29,607, from €8,685 to -€20,922
- Other debts +€20,748
new in 2025: €20,748
- Trade debts +€9,101
up €9,101 (+1,596%), from €570 to €9,671
- Tax, wage and social debts +€443
up €443 (+18.3%), from €2,418 to €2,861
- Gross operating margin -€6,300
down €6,300 (-33.2%), from -€19,000 to -€25,300
- Financial charges +€1,720
up €1,720 (+238%), from €722 to €2,442
- Financial income -€1,146
no longer reported in 2025 (was €1,146)
- Depreciation -€696
down €696 (-31.5%), from €2,209 to €1,513
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,698 | €18,383 | +€685 | +3.9% |
| Formation expenses | 20 | €735 | €305 | -€430 | -58.5% |
| Fixed assets | 21/28 | €2,041 | €958 | -€1,083 | -53.1% |
| Tangible fixed assets | 22/27 | €2,041 | €958 | -€1,083 | -53.1% |
| Plant, machinery and equipment | 23 | €816 | €517 | -€300 | -36.7% |
| Furniture and vehicles | 24 | €1,225 | €442 | -€783 | -63.9% |
| Current assets | 29/58 | €14,922 | €17,120 | +€2,198 | +14.7% |
| Amounts receivable within one year | 40/41 | €14,586 | €13,192 | -€1,395 | -9.6% |
| Trade receivables | 40 | - | €12,662 | +€12,662 | |
| Other amounts receivable | 41 | €14,586 | €529 | -€14,057 | -96.4% |
| Cash at bank and in hand | 54/58 | €73 | €3,929 | +€3,856 | +5,294% |
| Deferred charges and accrued income | 490/1 | €263 | - | -€263 | |
| Total equity and liabilities | 10/49 | €17,698 | €18,383 | +€685 | +3.9% |
| Equity | 10/15 | €14,710 | -€14,897 | -€29,607 | |
| Contributions | 10/11 | €6,025 | €6,025 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,685 | -€20,922 | -€29,607 | |
| Amounts payable | 17/49 | €2,988 | €33,280 | +€30,292 | +1,014% |
| Amounts payable within one year | 42/48 | €2,988 | €33,280 | +€30,292 | +1,014% |
| Trade debts | 44 | €570 | €9,671 | +€9,101 | +1,596% |
| Suppliers | 440/4 | €570 | €9,671 | +€9,101 | +1,596% |
| Taxes, remuneration and social security | 45 | €2,418 | €2,861 | +€443 | +18.3% |
| Taxes | 450/3 | €2,418 | €2,861 | +€443 | +18.3% |
| Other amounts payable | 47/48 | - | €20,748 | +€20,748 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,209 | €1,513 | -€696 | -31.5% |
| Other operating charges | 640/8 | €340 | €352 | +€11 | +3.4% |
| Gross operating margin | 9900 | -€19,000 | -€25,300 | -€6,300 | -33.2% |
| Operating profit (loss) | 9901 | -€21,549 | -€27,165 | -€5,616 | -26.1% |
| Financial income | 75/76B | €1,146 | - | -€1,146 | |
| Recurring financial income | 75 | €1,146 | - | -€1,146 | |
| Financial charges | 65/66B | €722 | €2,442 | +€1,720 | +238% |
| Recurring financial charges | 65 | €722 | €2,442 | +€1,720 | +238% |
| Profit (loss) for the period before taxes | 9903 | -€21,126 | -€29,607 | -€8,481 | -40.1% |
| Income taxes | 67/77 | €27 | - | -€27 | |
| Profit (loss) for the period | 9904 | -€21,153 | -€29,607 | -€8,454 | -40.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,153 | -€29,607 | -€8,454 | -40.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.