AGVICE: what changed
AGVICE
Largest movements
- Cash +€5,353
up €5,353 (+7.3%), from €73,404 to €78,757
mainly Net result for the year (+€75,144) and Depreciation (+€820)
- Receivables within one year +€1,693
up €1,693 (+12.6%), from €13,489 to €15,182
of which Trade receivables: +€2,122
- Profit (loss) carried forward +€19,144
up €19,144 (+34.1%), from €56,222 to €75,366
- Other debts -€10,720
down €10,720 (-89.3%), from €12,000 to €1,280
- Tax, wage and social debts -€2,836
down €2,836 (-15.7%), from €18,069 to €15,233
of which Remuneration and social security: -€3,255
- Gross operating margin +€7,629
up €7,629 (+8.6%), from €88,464 to €96,093
- Taxes +€1,005
up €1,005 (+5.4%), from €18,506 to €19,511
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €90,109 | €95,838 | +€5,730 | +6.4% |
| Fixed assets | 21/28 | €2,488 | €1,667 | -€820 | -33.0% |
| Tangible fixed assets | 22/27 | €2,488 | €1,667 | -€820 | -33.0% |
| Furniture and vehicles | 24 | €2,488 | €1,667 | -€820 | -33.0% |
| Current assets | 29/58 | €87,621 | €94,171 | +€6,550 | +7.5% |
| Amounts receivable within one year | 40/41 | €13,489 | €15,182 | +€1,693 | +12.6% |
| Trade receivables | 40 | €13,059 | €15,181 | +€2,122 | +16.2% |
| Other amounts receivable | 41 | €430 | €2 | -€429 | -99.6% |
| Cash at bank and in hand | 54/58 | €73,404 | €78,757 | +€5,353 | +7.3% |
| Deferred charges and accrued income | 490/1 | €728 | €231 | -€496 | -68.2% |
| Total equity and liabilities | 10/49 | €90,109 | €95,838 | +€5,730 | +6.4% |
| Equity | 10/15 | €59,722 | €78,866 | +€19,144 | +32.1% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,222 | €75,366 | +€19,144 | +34.1% |
| Amounts payable | 17/49 | €30,387 | €16,972 | -€13,415 | -44.1% |
| Amounts payable within one year | 42/48 | €30,308 | €16,905 | -€13,403 | -44.2% |
| Financial debts | 43 | €72 | €79 | +€7 | +10.2% |
| Credit institutions | 430/8 | €72 | €79 | +€7 | +10.2% |
| Trade debts | 44 | €167 | €313 | +€146 | +87.0% |
| Suppliers | 440/4 | €167 | €313 | +€146 | +87.0% |
| Taxes, remuneration and social security | 45 | €18,069 | €15,233 | -€2,836 | -15.7% |
| Taxes | 450/3 | €14,814 | €15,233 | +€419 | +2.8% |
| Remuneration and social security | 454/9 | €3,255 | - | -€3,255 | |
| Other amounts payable | 47/48 | €12,000 | €1,280 | -€10,720 | -89.3% |
| Accrued charges and deferred income | 492/3 | €79 | €67 | -€11 | -14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,284 | €820 | -€463 | -36.1% |
| Other operating charges | 640/8 | €284 | €294 | +€10 | +3.5% |
| Gross operating margin | 9900 | €88,464 | €96,093 | +€7,629 | +8.6% |
| Operating profit (loss) | 9901 | €86,895 | €94,978 | +€8,083 | +9.3% |
| Financial income | 75/76B | €0 | €2 | +€2 | +721% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +721% |
| Financial charges | 65/66B | €345 | €325 | -€20 | -5.8% |
| Recurring financial charges | 65 | €345 | €325 | -€20 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €86,551 | €94,656 | +€8,105 | +9.4% |
| Income taxes | 67/77 | €18,506 | €19,511 | +€1,005 | +5.4% |
| Profit (loss) for the period | 9904 | €68,045 | €75,144 | +€7,100 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €68,045 | €75,144 | +€7,100 | +10.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.