AGTRANS: 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.
AGTRANS
Largest movements
- Receivables within one year +€21,797
up €21,797 (+79.2%), from €27,537 to €49,333
of which Other amounts receivable: +€17,115
- Financial fixed assets -€9,000
no longer reported in 2025 (was €9,000)
- Cash +€4,357
up €4,357 (+340.1%), from €1,281 to €5,638
mainly Trade debts (+€24,109) and Net result for the year (+€11,749)
- Tangible fixed assets +€1,380
up €1,380 (+14.4%), from €9,613 to €10,993
- Trade debts +€24,109
up €24,109 (+472.4%), from €5,103 to €29,212
- Profit (loss) carried forward +€11,749
up €11,749 (+106.7%), from €11,014 to €22,763
- Other debts -€10,371
no longer reported in 2025 (was €10,371)
- Tax, wage and social debts -€6,398
down €6,398 (-39.8%), from €16,095 to €9,697
- Purchases and services +€30,830
up €30,830 (+692.0%), from €4,455 to €35,285
- Turnover +€14,647
up €14,647 (+40.3%), from €36,305 to €50,953
- Other operating charges -€10,589
down €10,589 (-72.2%), from €14,667 to €4,079
- Gross operating margin -€3,967
down €3,967 (-13.2%), from €30,101 to €26,134
- Depreciation +€3,033
up €3,033 (+307.3%), from €987 to €4,020
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 | €47,431 | €65,964 | +€18,533 | +39.1% |
| Fixed assets | 21/28 | €18,613 | €10,993 | -€7,620 | -40.9% |
| Tangible fixed assets | 22/27 | €9,613 | €10,993 | +€1,380 | +14.4% |
| Furniture and vehicles | 24 | €9,613 | €10,993 | +€1,380 | +14.4% |
| Financial fixed assets | 28 | €9,000 | - | -€9,000 | |
| Current assets | 29/58 | €28,818 | €54,971 | +€26,154 | +90.8% |
| Amounts receivable within one year | 40/41 | €27,537 | €49,333 | +€21,797 | +79.2% |
| Trade receivables | 40 | €27,537 | €32,218 | +€4,681 | +17.0% |
| Other amounts receivable | 41 | - | €17,115 | +€17,115 | |
| Cash at bank and in hand | 54/58 | €1,281 | €5,638 | +€4,357 | +340.1% |
| Total equity and liabilities | 10/49 | €47,431 | €65,964 | +€18,533 | +39.1% |
| Equity | 10/15 | €11,014 | €22,763 | +€11,749 | +106.7% |
| Profit (loss) carried forward | 14 | €11,014 | €22,763 | +€11,749 | +106.7% |
| Amounts payable | 17/49 | €36,417 | €43,201 | +€6,784 | +18.6% |
| Amounts payable within one year | 42/48 | €36,417 | €43,201 | +€6,784 | +18.6% |
| Trade debts | 44 | €5,103 | €29,212 | +€24,109 | +472.4% |
| Suppliers | 440/4 | €5,103 | €29,212 | +€24,109 | +472.4% |
| Advances received on contracts in progress | 46 | €4,847 | €4,292 | -€555 | -11.5% |
| Taxes, remuneration and social security | 45 | €16,095 | €9,697 | -€6,398 | -39.8% |
| Taxes | 450/3 | €16,095 | €9,697 | -€6,398 | -39.8% |
| Other amounts payable | 47/48 | €10,371 | - | -€10,371 | |
| Turnover | 70 | €36,305 | €50,953 | +€14,647 | +40.3% |
| Non-recurring operating income | 76A | - | €428 | +€428 | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,455 | €35,285 | +€30,830 | +692.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €987 | €4,020 | +€3,033 | +307.3% |
| Other operating charges | 640/8 | €14,667 | €4,079 | -€10,589 | -72.2% |
| Non-recurring operating charges | 66A | - | €1,939 | +€1,939 | |
| Gross operating margin | 9900 | €30,101 | €26,134 | -€3,967 | -13.2% |
| Operating profit (loss) | 9901 | €14,446 | €16,096 | +€1,650 | +11.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €241 | €379 | +€137 | +56.8% |
| Recurring financial charges | 65 | €241 | €379 | +€137 | +56.8% |
| Profit (loss) for the period before taxes | 9903 | €14,205 | €15,718 | +€1,513 | +10.7% |
| Income taxes | 67/77 | €3,191 | €3,969 | +€778 | +24.4% |
| Profit (loss) for the period | 9904 | €11,014 | €11,749 | +€735 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,014 | €11,749 | +€735 | +6.7% |
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.