AUGEM: 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.
AUGEM
Largest movements
- Receivables within one year -€45,665
down €45,665 (-19.0%), from €240,415 to €194,751
of which Trade receivables: -€43,183
- Tangible fixed assets -€15,070
down €15,070 (-3.5%), from €427,893 to €412,823
of which Land and buildings: -€18,378
- Cash +€13,999
up €13,999 (+11.0%), from €127,094 to €141,093
mainly Depreciation (+€62,498) and Receivables within one year (+€45,665)
- Trade debts -€36,362
down €36,362 (-8.5%), from €426,635 to €390,272
- Debts after one year -€33,268
down €33,268 (-13.3%), from €250,349 to €217,081
- Profit (loss) carried forward +€29,714
up €29,714 (+20.9%), from €141,911 to €171,625
- Tax, wage and social debts +€12,486
up €12,486 (+34.7%), from €36,026 to €48,512
of which Remuneration and social security: +€13,919
- Other operating charges -€94,827
down €94,827 (-76.8%), from €123,544 to €28,717
- Staff costs +€66,833
up €66,833 (+19.8%), from €338,268 to €405,101
- Gross operating margin +€14,390
up €14,390 (+2.7%), from €535,513 to €549,903
- Taxes +€9,586
up €9,586 (+406.5%), from €2,359 to €11,945
- Depreciation +€5,513
up €5,513 (+9.7%), from €56,986 to €62,498
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 | €1,053,998 | €1,015,601 | -€38,397 | -3.6% |
| Fixed assets | 21/28 | €430,462 | €415,099 | -€15,363 | -3.6% |
| Tangible fixed assets | 22/27 | €427,893 | €412,823 | -€15,070 | -3.5% |
| Land and buildings | 22 | €315,329 | €296,951 | -€18,378 | -5.8% |
| Plant, machinery and equipment | 23 | €30,145 | €20,824 | -€9,321 | -30.9% |
| Furniture and vehicles | 24 | €82,419 | €95,048 | +€12,629 | +15.3% |
| Financial fixed assets | 28 | €2,569 | €2,276 | -€293 | -11.4% |
| Current assets | 29/58 | €623,536 | €600,501 | -€23,035 | -3.7% |
| Stocks and contracts in progress | 3 | €144,654 | €150,714 | +€6,060 | +4.2% |
| Stocks | 30/36 | €144,654 | €150,714 | +€6,060 | +4.2% |
| Amounts receivable within one year | 40/41 | €240,415 | €194,751 | -€45,665 | -19.0% |
| Trade receivables | 40 | €227,699 | €184,516 | -€43,183 | -19.0% |
| Other amounts receivable | 41 | €12,716 | €10,235 | -€2,481 | -19.5% |
| Current investments | 50/53 | €101,201 | €102,466 | +€1,265 | +1.2% |
| Cash at bank and in hand | 54/58 | €127,094 | €141,093 | +€13,999 | +11.0% |
| Deferred charges and accrued income | 490/1 | €10,172 | €11,478 | +€1,306 | +12.8% |
| Total equity and liabilities | 10/49 | €1,053,998 | €1,015,601 | -€38,397 | -3.6% |
| Equity | 10/15 | €276,253 | €305,967 | +€29,714 | +10.8% |
| Contributions | 10/11 | €96,000 | €96,000 | = | 0.0% |
| Reserves | 13 | €38,343 | €38,343 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €28,343 | €28,343 | = | 0.0% |
| Profit (loss) carried forward | 14 | €141,911 | €171,625 | +€29,714 | +20.9% |
| Amounts payable | 17/49 | €777,745 | €709,634 | -€68,111 | -8.8% |
| Amounts payable after more than one year | 17 | €250,349 | €217,081 | -€33,268 | -13.3% |
| Financial debts | 170/4 | €250,349 | €217,081 | -€33,268 | -13.3% |
| Amounts payable within one year | 42/48 | €527,395 | €492,552 | -€34,843 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €61,699 | €53,528 | -€8,170 | -13.2% |
| Trade debts | 44 | €426,635 | €390,272 | -€36,362 | -8.5% |
| Suppliers | 440/4 | €426,635 | €390,272 | -€36,362 | -8.5% |
| Taxes, remuneration and social security | 45 | €36,026 | €48,512 | +€12,486 | +34.7% |
| Taxes | 450/3 | €19,006 | €17,574 | -€1,432 | -7.5% |
| Remuneration and social security | 454/9 | €17,020 | €30,938 | +€13,919 | +81.8% |
| Other amounts payable | 47/48 | €3,036 | €240 | -€2,796 | -92.1% |
| Remuneration, social security and pensions | 62 | €338,268 | €405,101 | +€66,833 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,986 | €62,498 | +€5,513 | +9.7% |
| Other operating charges | 640/8 | €123,544 | €28,717 | -€94,827 | -76.8% |
| Gross operating margin | 9900 | €535,513 | €549,903 | +€14,390 | +2.7% |
| Operating profit (loss) | 9901 | €16,716 | €53,588 | +€36,872 | +220.6% |
| Financial income | 75/76B | €2,275 | €1,736 | -€539 | -23.7% |
| Recurring financial income | 75 | €2,275 | €1,736 | -€539 | -23.7% |
| Financial charges | 65/66B | €17,561 | €13,665 | -€3,896 | -22.2% |
| Recurring financial charges | 65 | €17,561 | €13,665 | -€3,896 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €1,430 | €41,658 | +€40,228 | +2812.4% |
| Income taxes | 67/77 | €2,359 | €11,945 | +€9,586 | +406.5% |
| Profit (loss) for the period | 9904 | -€928 | €29,714 | +€30,642 | |
| Profit (loss) for the period to be appropriated | 9905 | -€928 | €29,714 | +€30,642 |
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 28 September 2026 via checked.be.