AGS IMMO: what changed
Two financial 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.
AGS IMMO
Largest movements
- Tangible fixed assets -€14,661
down €14,661 (-8.5%), from €171,509 to €156,848
- Receivables within one year +€7,380
up €7,380 (+7.0%), from €105,490 to €112,870
of which Other amounts receivable: +€7,380
- Cash +€4,088
up €4,088 (+129.5%), from €3,157 to €7,245
mainly Depreciation (+€14,661) and Net result for the year (+€11,887)
- Debts after one year -€23,271
down €23,271 (-10.1%), from €230,116 to €206,846
- Profit (loss) carried forward +€11,887
up €11,887 (+28.2%), from €42,090 to €53,977
- Trade debts +€3,289
new in 2025: €3,289
- Current portion of long-term debt +€3,101
up €3,101 (+13.7%), from €22,624 to €25,726
- Financial charges -€3,192
down €3,192 (-31.7%), from €10,078 to €6,886
- Other operating charges +€1,939
up €1,939 (+51.8%), from €3,742 to €5,681
- Taxes +€1,811
new in 2025: €1,811
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 | €303,500 | €300,307 | -€3,193 | -1.1% |
| Fixed assets | 21/28 | €186,509 | €171,848 | -€14,661 | -7.9% |
| Tangible fixed assets | 22/27 | €171,509 | €156,848 | -€14,661 | -8.5% |
| Land and buildings | 22 | €171,509 | €156,848 | -€14,661 | -8.5% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €116,992 | €128,459 | +€11,468 | +9.8% |
| Amounts receivable after more than one year | 29 | €8,345 | €8,345 | = | 0.0% |
| Other amounts receivable | 291 | €8,345 | €8,345 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €105,490 | €112,870 | +€7,380 | +7.0% |
| Trade receivables | 40 | €51,775 | €51,775 | = | 0.0% |
| Other amounts receivable | 41 | €53,715 | €61,095 | +€7,380 | +13.7% |
| Cash at bank and in hand | 54/58 | €3,157 | €7,245 | +€4,088 | +129.5% |
| Total equity and liabilities | 10/49 | €303,500 | €300,307 | -€3,193 | -1.1% |
| Equity | 10/15 | €48,290 | €60,177 | +€11,887 | +24.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,090 | €53,977 | +€11,887 | +28.2% |
| Amounts payable | 17/49 | €255,210 | €240,130 | -€15,081 | -5.9% |
| Amounts payable after more than one year | 17 | €230,116 | €206,846 | -€23,271 | -10.1% |
| Financial debts | 170/4 | €230,116 | €206,846 | -€23,271 | -10.1% |
| Amounts payable within one year | 42/48 | €25,094 | €33,284 | +€8,190 | +32.6% |
| Current portion of amounts payable after more than one year | 42 | €22,624 | €25,726 | +€3,101 | +13.7% |
| Trade debts | 44 | - | €3,289 | +€3,289 | |
| Suppliers | 440/4 | - | €3,289 | +€3,289 | |
| Taxes, remuneration and social security | 45 | €2,205 | €4,005 | +€1,800 | +81.6% |
| Taxes | 450/3 | €2,205 | €4,005 | +€1,800 | +81.6% |
| Other amounts payable | 47/48 | €265 | €265 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,631 | €14,661 | +€30 | +0.2% |
| Other operating charges | 640/8 | €3,742 | €5,681 | +€1,939 | +51.8% |
| Gross operating margin | 9900 | €40,803 | €40,894 | +€91 | +0.2% |
| Operating profit (loss) | 9901 | €22,430 | €20,552 | -€1,878 | -8.4% |
| Financial income | 75/76B | €1 | €31 | +€31 | +3875.9% |
| Recurring financial income | 75 | €1 | €31 | +€31 | +3875.9% |
| Financial charges | 65/66B | €10,078 | €6,886 | -€3,192 | -31.7% |
| Recurring financial charges | 65 | €10,078 | €6,886 | -€3,192 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | €12,353 | €13,698 | +€1,345 | +10.9% |
| Income taxes | 67/77 | - | €1,811 | +€1,811 | |
| Profit (loss) for the period | 9904 | €12,353 | €11,887 | -€466 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,353 | €11,887 | -€466 | -3.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.