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AGPartner: 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.

What changed

AGPartner

BE 0763.854.412
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€311
2024 · €23,626-€23,316
Equity
€1,311
2024 · €1,000+€311
Cash
€90
2024 · €3,230-€3,140
Balance sheet total
€20,666
2024 · €41,562-€20,896

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€17,448

    down €17,448 (-55.9%), from €31,204 to €13,756

    of which Trade receivables: -€12,259

  • Cash -€3,140

    down €3,140 (-97.2%), from €3,230 to €90

    mainly Other debts (-€20,309) and Investment in fixed assets (net) (-€817)

Equity and liabilities
  • Other debts -€20,309

    down €20,309 (-73.8%), from €27,537 to €7,227

  • Trade debts -€778

    down €778 (-84.4%), from €922 to €144

Income statement
  • Gross operating margin -€29,570

    down €29,570 (-91.8%), from €32,217 to €2,647

  • Taxes -€6,230

    down €6,230 (-90.8%), from €6,863 to €634

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €23,626
Gross operating margin -€29,570
Depreciation -€90
Other operating charges -€10
Financial income +€164
Financial charges -€39
Taxes +€6,230
Result 2025 €311

Cash bridge derived

cash 2024 to 2025

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.

From operations -€2,323
Investment -€817
Financing €0
Cash 2024 €3,230
Net result for the year +€311
Depreciation +€1,125
Receivables within one year +€17,448
Trade debts -€778
Tax, wage and social debts -€119
Other debts -€20,309
Investment in fixed assets (net) -€817
Cash 2025 €90
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €41,562 €20,666 -€20,896 -50.3%
Fixed assets 21/28 €7,128 €6,821 -€307 -4.3%
Tangible fixed assets 22/27 €7,128 €6,821 -€307 -4.3%
Plant, machinery and equipment 23 €6,836 €6,002 -€834 -12.2%
Furniture and vehicles 24 €292 €819 +€527 +180.2%
Current assets 29/58 €34,434 €13,846 -€20,589 -59.8%
Amounts receivable within one year 40/41 €31,204 €13,756 -€17,448 -55.9%
Trade receivables 40 €26,015 €13,756 -€12,259 -47.1%
Other amounts receivable 41 €5,189 €0 -€5,189 -100.0%
Cash at bank and in hand 54/58 €3,230 €90 -€3,140 -97.2%
Total equity and liabilities 10/49 €41,562 €20,666 -€20,896 -50.3%
Equity 10/15 €1,000 €1,311 +€311 +31.1%
Contributions 10/11 €1,000 €1,000 = 0.0%
Reserves 13 €0 €311 +€311
Distributable reserves 133 €0 €311 +€311
Profit (loss) carried forward 14 €0 €0 =
Amounts payable 17/49 €40,562 €19,356 -€21,207 -52.3%
Amounts payable within one year 42/48 €40,562 €19,356 -€21,207 -52.3%
Trade debts 44 €922 €144 -€778 -84.4%
Suppliers 440/4 €922 €144 -€778 -84.4%
Taxes, remuneration and social security 45 €12,104 €11,984 -€119 -1.0%
Taxes 450/3 €12,104 €8,934 -€3,169 -26.2%
Remuneration and social security 454/9 - €3,050 +€3,050
Other amounts payable 47/48 €27,537 €7,227 -€20,309 -73.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,035 €1,125 +€90 +8.7%
Other operating charges 640/8 €453 €463 +€10 +2.3%
Gross operating margin 9900 €32,217 €2,647 -€29,570 -91.8%
Operating profit (loss) 9901 €30,730 €1,059 -€29,671 -96.6%
Financial income 75/76B €15 €179 +€164 +1113.1%
Recurring financial income 75 €15 €179 +€164 +1113.1%
Financial charges 65/66B €255 €294 +€39 +15.2%
Recurring financial charges 65 €255 €294 +€39 +15.2%
Profit (loss) for the period before taxes 9903 €30,489 €944 -€29,545 -96.9%
Income taxes 67/77 €6,863 €634 -€6,230 -90.8%
Profit (loss) for the period 9904 €23,626 €311 -€23,316 -98.7%
Profit (loss) for the period to be appropriated 9905 €23,626 €311 -€23,316 -98.7%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.