AGYP CONSTRUCTIONS & TECHNICS: 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.
AGYP CONSTRUCTIONS & TECHNICS
Largest movements
- Tangible fixed assets +€904,531
up €904,531 (+878.4%), from €102,980 to €1.0m
of which Land and buildings: +€884,327
- Cash -€126,571
down €126,571 (-80.3%), from €157,703 to €31,132
mainly Investment in fixed assets (net) (-€950,186) and Receivables within one year (-€105,042)
- Receivables within one year +€105,042
up €105,042 (+93.5%), from €112,339 to €217,380
of which Other amounts receivable: +€153,667
- Debts after one year +€559,489
up €559,489 (+719.7%), from €77,741 to €637,230
- Current portion of long-term debt +€218,865
up €218,865 (+508.6%), from €43,032 to €261,897
- Trade debts +€75,127
up €75,127 (+4056.4%), from €1,852 to €76,979
- Other debts +€41,763
new in 2025: €41,763
- Tax, wage and social debts -€22,186
down €22,186 (-62.8%), from €35,331 to €13,146
- Gross operating margin -€25,502
down €25,502 (-22.7%), from €112,511 to €87,008
- Other operating charges +€18,974
up €18,974 (+1502.3%), from €1,263 to €20,237
- Taxes -€9,533
down €9,533, from €8,900 to -€633
- Depreciation +€6,124
up €6,124 (+15.5%), from €39,531 to €45,655
- Financial charges +€4,115
up €4,115 (+59.1%), from €6,962 to €11,076
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 | €375,566 | €1,257,870 | +€882,304 | +234.9% |
| Fixed assets | 21/28 | €102,980 | €1,007,511 | +€904,531 | +878.4% |
| Tangible fixed assets | 22/27 | €102,980 | €1,007,511 | +€904,531 | +878.4% |
| Land and buildings | 22 | €61,238 | €945,565 | +€884,327 | +1444.1% |
| Plant, machinery and equipment | 23 | €8,718 | €27,252 | +€18,534 | +212.6% |
| Furniture and vehicles | 24 | €33,025 | €34,695 | +€1,670 | +5.1% |
| Current assets | 29/58 | €272,586 | €250,358 | -€22,227 | -8.2% |
| Amounts receivable within one year | 40/41 | €112,339 | €217,380 | +€105,042 | +93.5% |
| Trade receivables | 40 | €111,613 | €62,987 | -€48,625 | -43.6% |
| Other amounts receivable | 41 | €726 | €154,393 | +€153,667 | +21169.4% |
| Cash at bank and in hand | 54/58 | €157,703 | €31,132 | -€126,571 | -80.3% |
| Deferred charges and accrued income | 490/1 | €2,544 | €1,846 | -€698 | -27.4% |
| Total equity and liabilities | 10/49 | €375,566 | €1,257,870 | +€882,304 | +234.9% |
| Equity | 10/15 | €215,620 | €226,855 | +€11,235 | +5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €197,020 | €208,255 | +€11,235 | +5.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €197,020 | €208,255 | +€11,235 | +5.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €159,946 | €1,031,015 | +€871,069 | +544.6% |
| Amounts payable after more than one year | 17 | €77,741 | €637,230 | +€559,489 | +719.7% |
| Financial debts | 170/4 | €77,741 | €637,230 | +€559,489 | +719.7% |
| Amounts payable within one year | 42/48 | €80,216 | €393,785 | +€313,569 | +390.9% |
| Current portion of amounts payable after more than one year | 42 | €43,032 | €261,897 | +€218,865 | +508.6% |
| Trade debts | 44 | €1,852 | €76,979 | +€75,127 | +4056.4% |
| Suppliers | 440/4 | €1,852 | €76,979 | +€75,127 | +4056.4% |
| Taxes, remuneration and social security | 45 | €35,331 | €13,146 | -€22,186 | -62.8% |
| Taxes | 450/3 | €35,331 | €13,146 | -€22,186 | -62.8% |
| Other amounts payable | 47/48 | - | €41,763 | +€41,763 | |
| Accrued charges and deferred income | 492/3 | €1,989 | €0 | -€1,989 | -100.0% |
| Non-recurring operating income | 76A | - | €2,150 | +€2,150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,531 | €45,655 | +€6,124 | +15.5% |
| Other operating charges | 640/8 | €1,263 | €20,237 | +€18,974 | +1502.3% |
| Gross operating margin | 9900 | €112,511 | €87,008 | -€25,502 | -22.7% |
| Operating profit (loss) | 9901 | €71,717 | €21,116 | -€50,600 | -70.6% |
| Financial income | 75/76B | €2,200 | €563 | -€1,637 | -74.4% |
| Recurring financial income | 75 | €2,200 | €563 | -€1,637 | -74.4% |
| Financial charges | 65/66B | €6,962 | €11,076 | +€4,115 | +59.1% |
| Recurring financial charges | 65 | €6,962 | €11,076 | +€4,115 | +59.1% |
| Profit (loss) for the period before taxes | 9903 | €66,955 | €10,603 | -€56,352 | -84.2% |
| Income taxes | 67/77 | €8,900 | -€633 | -€9,533 | |
| Profit (loss) for the period | 9904 | €58,054 | €11,235 | -€46,819 | -80.6% |
| Profit (loss) for the period to be appropriated | 9905 | €58,054 | €11,235 | -€46,819 | -80.6% |
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 9 October 2026 via checked.be.