AGUIDE-TRAINING: 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.
AGUIDE-TRAINING
Largest movements
- Intangible fixed assets -€45,000
down €45,000 (-66.7%), from €67,500 to €22,500
- Cash +€42,445
up €42,445 (+26.1%), from €162,736 to €205,181
mainly Net result for the year (+€65,229) and Depreciation (+€46,111)
- Receivables within one year +€30,730
up €30,730 (+65.0%), from €47,307 to €78,037
of which Trade receivables: +€61,811
- Profit (loss) carried forward +€65,229
up €65,229 (+39.5%), from €164,993 to €230,222
- Debts after one year -€32,567
down €32,567 (-32.9%), from €99,036 to €66,469
- Trade debts -€7,982
down €7,982 (-94.9%), from €8,412 to €430
- Tax, wage and social debts +€4,087
up €4,087 (+102.4%), from €3,991 to €8,078
- Gross operating margin +€30,860
up €30,860 (+35.4%), from €87,164 to €118,024
- Taxes -€3,198
down €3,198 (-50.6%), from €6,321 to €3,123
- Financial income -€1,708
no longer reported in 2025 (was €1,708)
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 | €324,313 | €353,517 | +€29,204 | +9.0% |
| Fixed assets | 21/28 | €114,270 | €70,299 | -€43,971 | -38.5% |
| Intangible fixed assets | 21 | €67,500 | €22,500 | -€45,000 | -66.7% |
| Tangible fixed assets | 22/27 | €1,770 | €2,799 | +€1,029 | +58.1% |
| Land and buildings | 22 | - | €1,400 | +€1,400 | |
| Furniture and vehicles | 24 | €1,492 | €1,399 | -€93 | -6.2% |
| Leasing and similar rights | 25 | €278 | - | -€278 | |
| Financial fixed assets | 28 | €45,000 | €45,000 | = | 0.0% |
| Current assets | 29/58 | €210,043 | €283,218 | +€73,175 | +34.8% |
| Amounts receivable within one year | 40/41 | €47,307 | €78,037 | +€30,730 | +65.0% |
| Trade receivables | 40 | €16,226 | €78,037 | +€61,811 | +380.9% |
| Other amounts receivable | 41 | €31,081 | - | -€31,081 | |
| Cash at bank and in hand | 54/58 | €162,736 | €205,181 | +€42,445 | +26.1% |
| Total equity and liabilities | 10/49 | €324,313 | €353,517 | +€29,204 | +9.0% |
| Equity | 10/15 | €180,743 | €245,972 | +€65,229 | +36.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Capital | 10 | €15,000 | €15,000 | = | 0.0% |
| Issued capital | 100 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €750 | €750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €750 | €750 | = | 0.0% |
| Legal reserve | 130 | €750 | €750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €164,993 | €230,222 | +€65,229 | +39.5% |
| Amounts payable | 17/49 | €143,570 | €107,545 | -€36,025 | -25.1% |
| Amounts payable after more than one year | 17 | €99,036 | €66,469 | -€32,567 | -32.9% |
| Financial debts | 170/4 | €99,036 | €66,469 | -€32,567 | -32.9% |
| Amounts payable within one year | 42/48 | €44,534 | €41,076 | -€3,458 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €32,131 | €32,568 | +€437 | +1.4% |
| Trade debts | 44 | €8,412 | €430 | -€7,982 | -94.9% |
| Suppliers | 440/4 | €8,412 | €430 | -€7,982 | -94.9% |
| Taxes, remuneration and social security | 45 | €3,991 | €8,078 | +€4,087 | +102.4% |
| Taxes | 450/3 | €3,991 | €8,078 | +€4,087 | +102.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,849 | €46,111 | +€262 | +0.6% |
| Other operating charges | 640/8 | €1,409 | €1,725 | +€316 | +22.4% |
| Gross operating margin | 9900 | €87,164 | €118,024 | +€30,860 | +35.4% |
| Operating profit (loss) | 9901 | €39,906 | €70,188 | +€30,282 | +75.9% |
| Financial income | 75/76B | €1,708 | - | -€1,708 | |
| Recurring financial income | 75 | €1,708 | - | -€1,708 | |
| Financial charges | 65/66B | €2,732 | €1,836 | -€896 | -32.8% |
| Recurring financial charges | 65 | €2,732 | €1,836 | -€896 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €38,882 | €68,352 | +€29,470 | +75.8% |
| Income taxes | 67/77 | €6,321 | €3,123 | -€3,198 | -50.6% |
| Profit (loss) for the period | 9904 | €32,561 | €65,229 | +€32,668 | +100.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,561 | €65,229 | +€32,668 | +100.3% |
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 7 October 2026 via checked.be.