AUGE: 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.
AUGE
Largest movements
- Tangible fixed assets +€316,819
up €316,819 (+8.7%), from €3.6m to €3.9m
of which Land and buildings: +€316,882
- Cash -€235,010
down €235,010 (-60.6%), from €387,512 to €152,503
mainly Investment in fixed assets (net) (-€316,968) and Debts after one year (-€27,933)
- Current investments -€102,349
down €102,349 (-5.8%), from €1.8m to €1.7m
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€103,461
down €103,461, from €89,059 to -€14,403
- Taxes -€25,969
down €25,969 (-90.3%), from €28,766 to €2,798
- Financial charges -€13,598
down €13,598 (-14.4%), from €94,378 to €80,780
- Financial income +€4,276
up €4,276 (+4.7%), from €90,271 to €94,547
of which Financial income: +€2,678
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 | €5,786,204 | €5,773,225 | -€12,979 | -0.2% |
| Fixed assets | 21/28 | €3,628,406 | €3,945,310 | +€316,904 | +8.7% |
| Tangible fixed assets | 22/27 | €3,628,406 | €3,945,225 | +€316,819 | +8.7% |
| Land and buildings | 22 | €3,588,996 | €3,905,878 | +€316,882 | +8.8% |
| Plant, machinery and equipment | 23 | €39,347 | €39,347 | = | 0.0% |
| Furniture and vehicles | 24 | €63 | €0 | -€63 | -100.0% |
| Financial fixed assets | 28 | - | €85 | +€85 | |
| Current assets | 29/58 | €2,157,798 | €1,827,915 | -€329,883 | -15.3% |
| Amounts receivable within one year | 40/41 | €73 | €7,411 | +€7,338 | +10051.4% |
| Trade receivables | 40 | €73 | €0 | -€73 | -100.0% |
| Other amounts receivable | 41 | €0 | €7,411 | +€7,411 | |
| Current investments | 50/53 | €1,764,396 | €1,662,047 | -€102,349 | -5.8% |
| Cash at bank and in hand | 54/58 | €387,512 | €152,503 | -€235,010 | -60.6% |
| Deferred charges and accrued income | 490/1 | €5,816 | €5,954 | +€138 | +2.4% |
| Total equity and liabilities | 10/49 | €5,786,204 | €5,773,225 | -€12,979 | -0.2% |
| Equity | 10/15 | €4,106,886 | €4,120,677 | +€13,791 | +0.3% |
| Contributions | 10/11 | €3,021,873 | €3,021,873 | = | 0.0% |
| Capital | 10 | €3,021,873 | €3,021,873 | = | 0.0% |
| Issued capital | 100 | €3,021,873 | €3,021,873 | = | 0.0% |
| Reserves | 13 | €1,060,288 | €1,093,331 | +€33,043 | +3.1% |
| Non-distributable reserves | 130/1 | €591,097 | €591,097 | = | 0.0% |
| Legal reserve | 130 | €302,187 | €302,187 | = | 0.0% |
| Own shares acquired | 1312 | €288,910 | €288,910 | = | 0.0% |
| Distributable reserves | 133 | €469,191 | €502,234 | +€33,043 | +7.0% |
| Profit (loss) carried forward | 14 | €24,725 | €5,473 | -€19,252 | -77.9% |
| Provisions and deferred taxes | 16 | €246,017 | €239,183 | -€6,834 | -2.8% |
| Provisions for liabilities and charges | 160/5 | €246,017 | €239,183 | -€6,834 | -2.8% |
| Other liabilities and charges | 164/5 | €246,017 | €239,183 | -€6,834 | -2.8% |
| Amounts payable | 17/49 | €1,433,301 | €1,413,365 | -€19,936 | -1.4% |
| Amounts payable after more than one year | 17 | €1,360,892 | €1,332,959 | -€27,933 | -2.1% |
| Financial debts | 170/4 | €1,360,892 | €1,332,959 | -€27,933 | -2.1% |
| Amounts payable within one year | 42/48 | €68,204 | €76,201 | +€7,997 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €30,052 | €31,528 | +€1,477 | +4.9% |
| Trade debts | 44 | €651 | €2,008 | +€1,357 | +208.3% |
| Suppliers | 440/4 | €651 | €2,008 | +€1,357 | +208.3% |
| Taxes, remuneration and social security | 45 | €2,984 | €8,525 | +€5,541 | +185.7% |
| Taxes | 450/3 | €2,984 | €8,525 | +€5,541 | +185.7% |
| Other amounts payable | 47/48 | €34,518 | €34,140 | -€378 | -1.1% |
| Accrued charges and deferred income | 492/3 | €4,204 | €4,204 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €606 | €63 | -€543 | -89.6% |
| Other operating charges | 640/8 | €15,183 | €15,756 | +€573 | +3.8% |
| Gross operating margin | 9900 | €89,059 | -€14,403 | -€103,461 | |
| Operating profit (loss) | 9901 | €73,270 | -€30,222 | -€103,491 | |
| Financial income | 75/76B | €90,271 | €94,547 | +€4,276 | +4.7% |
| Recurring financial income | 75 | €54,716 | €57,394 | +€2,678 | +4.9% |
| Non-recurring financial income | 76B | €35,554 | €37,153 | +€1,599 | +4.5% |
| Financial charges | 65/66B | €94,378 | €80,780 | -€13,598 | -14.4% |
| Recurring financial charges | 65 | €94,378 | €80,780 | -€13,598 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €69,162 | -€16,454 | -€85,617 | |
| Income taxes | 67/77 | €28,766 | €2,798 | -€25,969 | -90.3% |
| Profit (loss) for the period | 9904 | €40,396 | -€19,252 | -€59,648 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,396 | -€19,252 | -€59,648 |
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 3 October 2026 via checked.be.