AGP IMMO: 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.
AGP IMMO
Largest movements
- Receivables within one year +€28,520
up €28,520 (+118.4%), from €24,086 to €52,606
of which Other amounts receivable: +€29,270
- Cash -€18,765
down €18,765 (-43.5%), from €43,131 to €24,366
mainly Receivables within one year (-€28,520) and Contributions, distributions and other (-€10,800)
- Tangible fixed assets -€1,240
down €1,240 (-12.5%), from €9,917 to €8,678
- Tax, wage and social debts +€9,185
up €9,185 (+90.7%), from €10,126 to €19,311
of which Remuneration and social security: +€12,042
- Profit (loss) carried forward +€2,280
up €2,280 (+258.0%), from €884 to €3,164
- Trade debts -€1,595
no longer reported in 2025 (was €1,595)
- Debts after one year -€1,355
down €1,355 (-11.7%), from €11,613 to €10,259
- Gross operating margin -€4,460
down €4,460 (-11.6%), from €38,609 to €34,148
- Taxes -€3,431
down €3,431 (-64.5%), from €5,320 to €1,888
- Financial income +€1,148
up €1,148 (+197.5%), from €581 to €1,729
- Staff costs -€800
down €800 (-4.2%), from €18,910 to €18,110
- Other operating charges +€708
up €708 (+147.6%), from €480 to €1,188
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 | €77,334 | €85,849 | +€8,516 | +11.0% |
| Fixed assets | 21/28 | €10,117 | €8,878 | -€1,240 | -12.3% |
| Tangible fixed assets | 22/27 | €9,917 | €8,678 | -€1,240 | -12.5% |
| Plant, machinery and equipment | 23 | €9,917 | €8,678 | -€1,240 | -12.5% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €67,216 | €76,972 | +€9,755 | +14.5% |
| Amounts receivable within one year | 40/41 | €24,086 | €52,606 | +€28,520 | +118.4% |
| Trade receivables | 40 | €8,243 | €7,493 | -€750 | -9.1% |
| Other amounts receivable | 41 | €15,842 | €45,112 | +€29,270 | +184.8% |
| Cash at bank and in hand | 54/58 | €43,131 | €24,366 | -€18,765 | -43.5% |
| Total equity and liabilities | 10/49 | €77,334 | €85,849 | +€8,516 | +11.0% |
| Equity | 10/15 | €51,844 | €54,124 | +€2,280 | +4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,360 | €32,360 | = | 0.0% |
| Distributable reserves | 133 | €32,360 | €32,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €884 | €3,164 | +€2,280 | +258.0% |
| Amounts payable | 17/49 | €25,490 | €31,725 | +€6,235 | +24.5% |
| Amounts payable after more than one year | 17 | €11,613 | €10,259 | -€1,355 | -11.7% |
| Financial debts | 170/4 | €11,613 | €10,259 | -€1,355 | -11.7% |
| Amounts payable within one year | 42/48 | €13,876 | €21,466 | +€7,590 | +54.7% |
| Current portion of amounts payable after more than one year | 42 | €1,355 | €1,355 | = | 0.0% |
| Trade debts | 44 | €1,595 | - | -€1,595 | |
| Suppliers | 440/4 | €1,595 | - | -€1,595 | |
| Taxes, remuneration and social security | 45 | €10,126 | €19,311 | +€9,185 | +90.7% |
| Taxes | 450/3 | €8,035 | €5,178 | -€2,857 | -35.6% |
| Remuneration and social security | 454/9 | €2,091 | €14,133 | +€12,042 | +575.8% |
| Other amounts payable | 47/48 | €800 | €800 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €18,910 | €18,110 | -€800 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,240 | €1,240 | = | 0.0% |
| Other operating charges | 640/8 | €480 | €1,188 | +€708 | +147.6% |
| Gross operating margin | 9900 | €38,609 | €34,148 | -€4,460 | -11.6% |
| Operating profit (loss) | 9901 | €17,979 | €13,611 | -€4,368 | -24.3% |
| Financial income | 75/76B | €581 | €1,729 | +€1,148 | +197.5% |
| Recurring financial income | 75 | €581 | €1,729 | +€1,148 | +197.5% |
| Financial charges | 65/66B | €417 | €372 | -€45 | -10.8% |
| Recurring financial charges | 65 | €417 | €372 | -€45 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €18,144 | €14,969 | -€3,175 | -17.5% |
| Income taxes | 67/77 | €5,320 | €1,888 | -€3,431 | -64.5% |
| Profit (loss) for the period | 9904 | €12,824 | €13,080 | +€256 | +2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,824 | €13,080 | +€256 | +2.0% |
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 4 October 2026 via checked.be.