AGV IMMO: 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.
AGV IMMO
Largest movements
- Stocks and contracts +€70,085
up €70,085 (+35.9%), from €195,132 to €265,217
- Receivables within one year +€3,870
up €3,870 (+215.0%), from €1,800 to €5,670
of which Trade receivables: +€3,200
- Other debts +€110,239
up €110,239 (+144.1%), from €76,486 to €186,725
- Tax, wage and social debts -€28,913
down €28,913 (-96.6%), from €29,933 to €1,020
of which Taxes: -€19,513
- Profit (loss) carried forward -€7,370
down €7,370 (-10.6%), from €69,268 to €61,898
- Gross operating margin +€22,099
up €22,099 (+81.6%), from -€27,082 to -€4,983
- Financial charges +€1,697
up €1,697 (+1714.7%), from €99 to €1,796
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 | €203,577 | €277,856 | +€74,278 | +36.5% |
| Current assets | 29/58 | €203,577 | €277,856 | +€74,278 | +36.5% |
| Stocks and contracts in progress | 3 | €195,132 | €265,217 | +€70,085 | +35.9% |
| Stocks | 30/36 | €195,132 | €265,217 | +€70,085 | +35.9% |
| Amounts receivable within one year | 40/41 | €1,800 | €5,670 | +€3,870 | +215.0% |
| Trade receivables | 40 | €944 | €4,144 | +€3,200 | +339.0% |
| Other amounts receivable | 41 | €856 | €1,526 | +€670 | +78.3% |
| Cash at bank and in hand | 54/58 | €6,645 | €6,969 | +€324 | +4.9% |
| Total equity and liabilities | 10/49 | €203,577 | €277,856 | +€74,278 | +36.5% |
| Equity | 10/15 | €90,268 | €82,898 | -€7,370 | -8.2% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,268 | €61,898 | -€7,370 | -10.6% |
| Amounts payable | 17/49 | €113,309 | €194,958 | +€81,648 | +72.1% |
| Amounts payable within one year | 42/48 | €113,309 | €194,958 | +€81,648 | +72.1% |
| Trade debts | 44 | €6,891 | €7,213 | +€322 | +4.7% |
| Suppliers | 440/4 | €6,891 | €7,213 | +€322 | +4.7% |
| Taxes, remuneration and social security | 45 | €29,933 | €1,020 | -€28,913 | -96.6% |
| Taxes | 450/3 | €20,533 | €1,020 | -€19,513 | -95.0% |
| Remuneration and social security | 454/9 | €9,400 | - | -€9,400 | |
| Other amounts payable | 47/48 | €76,486 | €186,725 | +€110,239 | +144.1% |
| Other operating charges | 640/8 | €581 | €590 | +€10 | +1.7% |
| Gross operating margin | 9900 | -€27,082 | -€4,983 | +€22,099 | +81.6% |
| Operating profit (loss) | 9901 | -€27,663 | -€5,574 | +€22,089 | +79.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €99 | €1,796 | +€1,697 | +1714.7% |
| Recurring financial charges | 65 | €99 | €1,796 | +€1,697 | +1714.7% |
| Profit (loss) for the period before taxes | 9903 | -€27,762 | -€7,370 | +€20,392 | +73.5% |
| Profit (loss) for the period | 9904 | -€27,762 | -€7,370 | +€20,392 | +73.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,762 | -€7,370 | +€20,392 | +73.5% |
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 8 October 2026 via checked.be.