AGS: what changed
What changed
AGS
NACE 46.231, Wholesale of live animals
filed annual accounts (NBB)
Net result for the year
€119,381
2024 · €347,706-€228,325
Equity
€1.2m
2024 · €1.1m+€119,381
Cash
€170,415
2024 · €149,279+€21,135
Balance sheet total
€5.3m
2024 · €4.8m+€445,196
Largest movements
Assets
- Receivables within one year +€229,189
up €229,189 (+10.4%), from €2.2m to €2.4m
of which Other amounts receivable: +€225,618
- Financial fixed assets +€150,000
up €150,000 (+6.4%), from €2.3m to €2.5m
of which Affiliated companies: +€150,000
Equity and liabilities
- Short-term financial debts +€329,334
up €329,334 (+26.3%), from €1.3m to €1.6m
- Other debts -€177,816
down €177,816 (-31.7%), from €561,555 to €383,739
- Reserves +€119,381
up €119,381 (+11.3%), from €1.1m to €1.2m
- Debts after one year +€103,884
up €103,884 (+52.8%), from €196,890 to €300,774
- Trade debts -€84,524
down €84,524 (-5.3%), from €1.6m to €1.5m
Income statement
- Turnover -€10.3m
down €10.3m (-14.8%), from €69.5m to €59.2m
- Goods and materials -€10.3m
down €10.3m (-15.2%), from €67.7m to €57.5m
of which Purchases: -€10.1m
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.
Result 2024
€347,706
Turnover
-€10.3m
Other operating income
+€3,483
Goods and materials
+€10.3m
Services and other goods
-€141,543
Staff costs
-€48,133
Depreciation
-€15,154
Write-downs
-€23,319
Other operating charges
-€2,775
Other operating items
-€7,500
Financial income
-€4,392
Financial charges
+€10,591
Taxes
+€9,662
Result 2025
€119,381
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€283,085
Investment
-€193,938
Financing
+€498,158
Cash 2024
€149,279
From operations (derived)
-€283,085
Net result for the year
+€119,381
Depreciation
+€35,918
Stocks and contracts
+€6,704
Receivables within one year
-€229,189
Deferred charges and accrued income
-€43,555
Trade debts
-€84,524
Tax, wage and social debts
+€16,382
Other debts
-€177,816
Accrued charges and deferred income
+€73,615
Investment (derived)
-€193,938
Investment in fixed assets (net)
-€193,938
Financing
+€498,158
Debts after one year
+€103,884
Current portion of long-term debt
+€64,940
Short-term financial debts
+€329,334
Cash 2025
€170,415
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,844,453 | €5,289,649 | +€445,196 | +9.2% |
| Fixed assets | 21/28 | €2,420,914 | €2,578,934 | +€158,020 | +6.5% |
| Tangible fixed assets | 22/27 | €87,700 | €95,720 | +€8,020 | +9.1% |
| Land and buildings | 22 | €1,729 | €1,577 | -€153 | -8.8% |
| Furniture and vehicles | 24 | €85,971 | €94,144 | +€8,173 | +9.5% |
| Financial fixed assets | 28 | €2,333,214 | €2,483,214 | +€150,000 | +6.4% |
| Affiliated companies | 280/1 | €2,331,614 | €2,481,614 | +€150,000 | +6.4% |
| Participating interests | 280 | €1,279,530 | €1,529,530 | +€250,000 | +19.5% |
| Amounts receivable | 281 | €1,052,083 | €952,083 | -€100,000 | -9.5% |
| Other financial fixed assets | 284/8 | €1,600 | €1,600 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,600 | €1,600 | = | 0.0% |
| Current assets | 29/58 | €2,423,539 | €2,710,715 | +€287,176 | +11.8% |
| Stocks and contracts in progress | 3 | €65,089 | €58,385 | -€6,704 | -10.3% |
| Stocks | 30/36 | €65,089 | €58,385 | -€6,704 | -10.3% |
| Goods purchased for resale | 34 | €65,089 | €58,385 | -€6,704 | -10.3% |
| Amounts receivable within one year | 40/41 | €2,196,531 | €2,425,721 | +€229,189 | +10.4% |
| Trade receivables | 40 | €1,708,183 | €1,711,754 | +€3,571 | +0.2% |
| Other amounts receivable | 41 | €488,349 | €713,967 | +€225,618 | +46.2% |
| Cash at bank and in hand | 54/58 | €149,279 | €170,415 | +€21,135 | +14.2% |
| Deferred charges and accrued income | 490/1 | €12,639 | €56,195 | +€43,555 | +345% |
| Total equity and liabilities | 10/49 | €4,844,453 | €5,289,649 | +€445,196 | +9.2% |
| Equity | 10/15 | €1,074,990 | €1,194,371 | +€119,381 | +11.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,054,990 | €1,174,371 | +€119,381 | +11.3% |
| Distributable reserves | 133 | €1,054,990 | €1,174,371 | +€119,381 | +11.3% |
| Amounts payable | 17/49 | €3,769,463 | €4,095,278 | +€325,815 | +8.6% |
| Amounts payable after more than one year | 17 | €196,890 | €300,774 | +€103,884 | +52.8% |
| Financial debts | 170/4 | €196,890 | €300,774 | +€103,884 | +52.8% |
| Credit institutions | 173 | €50,223 | €47,857 | -€2,366 | -4.7% |
| Other loans | 174 | €146,666 | €252,916 | +€106,250 | +72.4% |
| Amounts payable within one year | 42/48 | €3,538,863 | €3,687,179 | +€148,316 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €74,419 | €139,359 | +€64,940 | +87.3% |
| Financial debts | 43 | €1,250,000 | €1,579,334 | +€329,334 | +26.3% |
| Credit institutions | 430/8 | €1,250,000 | €1,579,334 | +€329,334 | +26.3% |
| Trade debts | 44 | €1,594,857 | €1,510,333 | -€84,524 | -5.3% |
| Suppliers | 440/4 | €1,594,857 | €1,510,333 | -€84,524 | -5.3% |
| Taxes, remuneration and social security | 45 | €58,032 | €74,414 | +€16,382 | +28.2% |
| Taxes | 450/3 | €14,481 | €16,292 | +€1,812 | +12.5% |
| Remuneration and social security | 454/9 | €43,551 | €58,122 | +€14,570 | +33.5% |
| Other amounts payable | 47/48 | €561,555 | €383,739 | -€177,816 | -31.7% |
| Accrued charges and deferred income | 492/3 | €33,710 | €107,326 | +€73,615 | +218% |
| Operating income | 70/76A | €69,504,693 | €59,210,410 | -€10.3m | -14.8% |
| Turnover | 70 | €69,484,151 | €59,193,885 | -€10.3m | -14.8% |
| Other operating income | 74 | €13,042 | €16,525 | +€3,483 | +26.7% |
| Non-recurring operating income | 76A | €7,500 | - | -€7,500 | |
| Operating charges | 60/66A | €69,079,009 | €59,028,912 | -€10.1m | -14.5% |
| Goods for resale, raw materials and consumables | 60 | €67,737,149 | €57,456,128 | -€10.3m | -15.2% |
| Purchases | 600/8 | €67,589,042 | €57,449,424 | -€10.1m | -15.0% |
| Change in stocks: decrease (increase) | 609 | €148,107 | €6,704 | -€141,403 | -95.5% |
| Services and other goods | 61 | €1,012,195 | €1,153,738 | +€141,543 | +14.0% |
| Remuneration, social security and pensions | 62 | €306,788 | €354,921 | +€48,133 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,763 | €35,918 | +€15,154 | +73.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €23,319 | +€23,319 | |
| Other operating charges | 640/8 | €2,113 | €4,888 | +€2,775 | +131% |
| Operating profit (loss) | 9901 | €425,684 | €181,499 | -€244,186 | -57.4% |
| Financial income | 75/76B | €76,006 | €71,614 | -€4,392 | -5.8% |
| Recurring financial income | 75 | €76,006 | €71,614 | -€4,392 | -5.8% |
| Income from current assets | 751 | €73,035 | €63,128 | -€9,907 | -13.6% |
| Other financial income | 752/9 | €2,971 | €8,486 | +€5,515 | +186% |
| Financial charges | 65/66B | €97,336 | €86,745 | -€10,591 | -10.9% |
| Recurring financial charges | 65 | €97,336 | €86,745 | -€10,591 | -10.9% |
| Debt charges | 650 | €91,841 | €81,167 | -€10,674 | -11.6% |
| Other financial charges | 652/9 | €5,495 | €5,577 | +€82 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €404,355 | €166,368 | -€237,986 | -58.9% |
| Income taxes | 67/77 | €56,649 | €46,987 | -€9,662 | -17.1% |
| Taxes | 670/3 | €56,649 | €46,987 | -€9,662 | -17.1% |
| Profit (loss) for the period | 9904 | €347,706 | €119,381 | -€228,325 | -65.7% |
| Profit (loss) for the period to be appropriated | 9905 | €347,706 | €119,381 | -€228,325 | -65.7% |
Next steps
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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 4 November 2026 via checked.be.