AGS.V GROUP: 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.V GROUP
Largest movements
- Receivables within one year +€21,839
up €21,839 (+4.8%), from €454,518 to €476,357
of which Other amounts receivable: +€77,420
- Financial fixed assets -€9,830
no longer reported in 2024 (was €9,830)
- Trade debts -€36,167
down €36,167 (-97.7%), from €37,008 to €841
- Other debts +€21,111
up €21,111 (+484%), from €4,360 to €25,471
- Reserves +€12,068
up €12,068 (+5.0%), from €242,290 to €254,357
- Tax, wage and social debts +€12,022
up €12,022 (+15.6%), from €77,171 to €89,194
- Gross operating margin -€38,007
down €38,007 (-55.5%), from €68,456 to €30,449
- Taxes -€10,149
down €10,149 (-45.8%), from €22,171 to €12,022
- Staff costs +€9,933
no longer reported in 2024 (was -€9,933)
- Financial charges -€2,951
down €2,951 (-42.1%), from €7,004 to €4,053
- Other operating charges +€1,120
up €1,120 (+235%), from €476 to €1,596
From the 2023 result to the 2024 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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €467,027 | €477,158 | +€10,131 | +2.2% |
| Fixed assets | 21/28 | €11,433 | €801 | -€10,631 | -93.0% |
| Tangible fixed assets | 22/27 | €1,603 | €801 | -€801 | -50.0% |
| Furniture and vehicles | 24 | €960 | €480 | -€480 | -50.0% |
| Leasing and similar rights | 25 | €643 | €321 | -€321 | -50.0% |
| Financial fixed assets | 28 | €9,830 | - | -€9,830 | |
| Current assets | 29/58 | €455,594 | €476,357 | +€20,763 | +4.6% |
| Amounts receivable within one year | 40/41 | €454,518 | €476,357 | +€21,839 | +4.8% |
| Trade receivables | 40 | €417,153 | €361,572 | -€55,581 | -13.3% |
| Other amounts receivable | 41 | €37,366 | €114,785 | +€77,420 | +207% |
| Deferred charges and accrued income | 490/1 | €1,076 | - | -€1,076 | |
| Total equity and liabilities | 10/49 | €467,027 | €477,158 | +€10,131 | +2.2% |
| Equity | 10/15 | €269,790 | €281,857 | +€12,068 | +4.5% |
| Contributions | 10/11 | €27,500 | €27,500 | = | 0.0% |
| Capital | 10 | €27,500 | €27,500 | = | 0.0% |
| Issued capital | 100 | €27,500 | €27,500 | = | 0.0% |
| Reserves | 13 | €242,290 | €254,357 | +€12,068 | +5.0% |
| Distributable reserves | 133 | €242,290 | €254,357 | +€12,068 | +5.0% |
| Amounts payable | 17/49 | €197,237 | €195,301 | -€1,936 | -1.0% |
| Amounts payable within one year | 42/48 | €197,237 | €195,301 | -€1,936 | -1.0% |
| Financial debts | 43 | €78,698 | €79,795 | +€1,097 | +1.4% |
| Credit institutions | 430/8 | €78,698 | €79,795 | +€1,097 | +1.4% |
| Trade debts | 44 | €37,008 | €841 | -€36,167 | -97.7% |
| Suppliers | 440/4 | €37,008 | €841 | -€36,167 | -97.7% |
| Taxes, remuneration and social security | 45 | €77,171 | €89,194 | +€12,022 | +15.6% |
| Taxes | 450/3 | €77,171 | €89,194 | +€12,022 | +15.6% |
| Other amounts payable | 47/48 | €4,360 | €25,471 | +€21,111 | +484% |
| Remuneration, social security and pensions | 62 | -€9,933 | - | +€9,933 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,517 | €801 | -€715 | -47.2% |
| Other operating charges | 640/8 | €476 | €1,596 | +€1,120 | +235% |
| Gross operating margin | 9900 | €68,456 | €30,449 | -€38,007 | -55.5% |
| Operating profit (loss) | 9901 | €76,396 | €28,052 | -€48,344 | -63.3% |
| Financial income | 75/76B | - | €92 | +€92 | |
| Recurring financial income | 75 | - | €92 | +€92 | |
| Financial charges | 65/66B | €7,004 | €4,053 | -€2,951 | -42.1% |
| Recurring financial charges | 65 | €7,004 | €4,053 | -€2,951 | -42.1% |
| Profit (loss) for the period before taxes | 9903 | €69,392 | €24,090 | -€45,302 | -65.3% |
| Income taxes | 67/77 | €22,171 | €12,022 | -€10,149 | -45.8% |
| Profit (loss) for the period | 9904 | €47,220 | €12,068 | -€35,153 | -74.4% |
| Profit (loss) for the period to be appropriated | 9905 | €47,220 | €12,068 | -€35,153 | -74.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.