AGV IT Consulting: 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.
AGV IT Consulting
Largest movements
- Receivables within one year -€42,726
down €42,726 (-47.0%), from €90,990 to €48,264
of which Other amounts receivable: -€45,938
- Tangible fixed assets +€18,950
up €18,950 (+104%), from €18,291 to €37,241
of which Land and buildings: +€20,552
- Cash -€3,189
down €3,189 (-29.6%), from €10,774 to €7,585
mainly Contributions, distributions and other (-€48,176) and Investment in fixed assets (net) (-€25,313)
- Financial fixed assets -€1,250
down €1,250 (-72.1%), from €1,734 to €484
- Reserves -€28,469
down €28,469 (-29.6%), from €96,161 to €67,692
- Tax, wage and social debts -€6,255
down €6,255 (-26.7%), from €23,448 to €17,194
- Short-term financial debts +€4,174
new in 2025: €4,174
- Trade debts +€1,603
up €1,603 (+86.7%), from €1,849 to €3,452
- Gross operating margin +€21,358
up €21,358 (+114%), from €18,793 to €40,150
- Depreciation +€4,111
up €4,111 (+117%), from €3,502 to €7,613
- Taxes +€3,927
up €3,927 (+82.6%), from €4,752 to €8,679
- Financial income -€2,242
down €2,242 (-99.1%), from €2,262 to €20
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.
Derived cash bridge
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 | €123,458 | €95,272 | -€28,186 | -22.8% |
| Fixed assets | 21/28 | €20,025 | €37,725 | +€17,700 | +88.4% |
| Tangible fixed assets | 22/27 | €18,291 | €37,241 | +€18,950 | +104% |
| Land and buildings | 22 | - | €20,552 | +€20,552 | |
| Furniture and vehicles | 24 | €10,230 | €6,725 | -€3,505 | -34.3% |
| Other tangible fixed assets | 26 | €8,061 | €9,964 | +€1,903 | +23.6% |
| Financial fixed assets | 28 | €1,734 | €484 | -€1,250 | -72.1% |
| Current assets | 29/58 | €103,433 | €57,548 | -€45,886 | -44.4% |
| Amounts receivable within one year | 40/41 | €90,990 | €48,264 | -€42,726 | -47.0% |
| Trade receivables | 40 | €16,147 | €19,360 | +€3,213 | +19.9% |
| Other amounts receivable | 41 | €74,843 | €28,904 | -€45,938 | -61.4% |
| Cash at bank and in hand | 54/58 | €10,774 | €7,585 | -€3,189 | -29.6% |
| Deferred charges and accrued income | 490/1 | €1,670 | €1,698 | +€28 | +1.7% |
| Total equity and liabilities | 10/49 | €123,458 | €95,272 | -€28,186 | -22.8% |
| Equity | 10/15 | €98,161 | €69,692 | -€28,469 | -29.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €96,161 | €67,692 | -€28,469 | -29.6% |
| Distributable reserves | 133 | €96,161 | €67,692 | -€28,469 | -29.6% |
| Amounts payable | 17/49 | €25,297 | €25,580 | +€283 | +1.1% |
| Amounts payable within one year | 42/48 | €25,297 | €24,820 | -€477 | -1.9% |
| Financial debts | 43 | - | €4,174 | +€4,174 | |
| Other loans | 439 | - | €4,174 | +€4,174 | |
| Trade debts | 44 | €1,849 | €3,452 | +€1,603 | +86.7% |
| Suppliers | 440/4 | €1,849 | €3,452 | +€1,603 | +86.7% |
| Taxes, remuneration and social security | 45 | €23,448 | €17,194 | -€6,255 | -26.7% |
| Taxes | 450/3 | €23,448 | €17,194 | -€6,255 | -26.7% |
| Accrued charges and deferred income | 492/3 | - | €760 | +€760 | |
| Non-recurring operating income | 76A | €470 | - | -€470 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,502 | €7,613 | +€4,111 | +117% |
| Other operating charges | 640/8 | €959 | €1,088 | +€129 | +13.4% |
| Gross operating margin | 9900 | €18,793 | €40,150 | +€21,358 | +114% |
| Operating profit (loss) | 9901 | €14,331 | €31,449 | +€17,118 | +119% |
| Financial income | 75/76B | €2,262 | €20 | -€2,242 | -99.1% |
| Recurring financial income | 75 | €2,262 | €20 | -€2,242 | -99.1% |
| Financial charges | 65/66B | €2,920 | €3,082 | +€162 | +5.6% |
| Recurring financial charges | 65 | €2,920 | €3,082 | +€162 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €13,673 | €28,387 | +€14,714 | +108% |
| Income taxes | 67/77 | €4,752 | €8,679 | +€3,927 | +82.6% |
| Profit (loss) for the period | 9904 | €8,921 | €19,708 | +€10,787 | +121% |
| Profit (loss) for the period to be appropriated | 9905 | €8,921 | €19,708 | +€10,787 | +121% |
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 28 October 2026 via checked.be.