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Augemus: 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.

What changed

Augemus

BE 0697.584.309
NACE 42.219, Civil engineering
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€8,044
2024 · €15,685-€7,642
Equity
€29,772
2024 · €71,728-€41,956
Cash
€73,335
2024 · €65,434+€7,901
Balance sheet total
€86,013
2024 · €114,510-€28,497

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€26,575

    down €26,575 (-84.3%), from €31,540 to €4,965

    of which Trade receivables: -€28,453

  • Tangible fixed assets -€9,871

    down €9,871 (-62.1%), from €15,900 to €6,029

    of which Furniture and vehicles: -€8,589

  • Cash +€7,901

    up €7,901 (+12.1%), from €65,434 to €73,335

    mainly Receivables within one year (+€26,575) and Other debts (+€16,987)

Equity and liabilities
  • Reserves -€41,956

    down €41,956 (-79.0%), from €53,128 to €11,172

  • Other debts +€16,987

    up €16,987 (+56.6%), from €30,000 to €46,987

  • Tax, wage and social debts -€5,107

    down €5,107 (-41.6%), from €12,276 to €7,169

    of which Taxes: -€5,103

  • Trade debts +€1,579

    up €1,579 (+312.3%), from €506 to €2,085

Income statement
  • Write-downs +€10,171

    new in 2025: €10,171

  • Gross operating margin +€4,230

    up €4,230 (+14.4%), from €29,354 to €33,584

  • Taxes +€1,177

    up €1,177 (+61.5%), from €1,913 to €3,090

  • Depreciation +€905

    up €905 (+8.7%), from €10,357 to €11,263

  • Other operating charges -€387

    down €387 (-28.0%), from €1,384 to €997

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €15,685
Gross operating margin +€4,230
Depreciation -€905
Write-downs -€10,171
Other operating charges +€387
Financial income -€39
Financial charges +€33
Taxes -€1,177
Result 2025 €8,044

Cash bridge derived

cash 2024 to 2025

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.

From operations +€59,292
Investment -€1,391
Financing -€50,000
Cash 2024 €65,434
Net result for the year +€8,044
Depreciation +€11,263
Receivables within one year +€26,575
Deferred charges and accrued income -€49
Trade debts +€1,579
Tax, wage and social debts -€5,107
Other debts +€16,987
Investment in fixed assets (net) -€1,391
Contributions, distributions and other -€50,000
Cash 2025 €73,335
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €114,510 €86,013 -€28,497 -24.9%
Fixed assets 21/28 €15,900 €6,029 -€9,871 -62.1%
Tangible fixed assets 22/27 €15,900 €6,029 -€9,871 -62.1%
Plant, machinery and equipment 23 €4,013 €2,730 -€1,283 -32.0%
Furniture and vehicles 24 €11,887 €3,299 -€8,589 -72.3%
Current assets 29/58 €98,610 €79,984 -€18,626 -18.9%
Amounts receivable within one year 40/41 €31,540 €4,965 -€26,575 -84.3%
Trade receivables 40 €28,453 €0 -€28,453 -100.0%
Other amounts receivable 41 €3,087 €4,965 +€1,879 +60.9%
Cash at bank and in hand 54/58 €65,434 €73,335 +€7,901 +12.1%
Deferred charges and accrued income 490/1 €1,635 €1,684 +€49 +3.0%
Total equity and liabilities 10/49 €114,510 €86,013 -€28,497 -24.9%
Equity 10/15 €71,728 €29,772 -€41,956 -58.5%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €53,128 €11,172 -€41,956 -79.0%
Distributable reserves 133 €53,128 €11,172 -€41,956 -79.0%
Profit (loss) carried forward 14 €0 €0 =
Amounts payable 17/49 €42,782 €56,242 +€13,460 +31.5%
Amounts payable within one year 42/48 €42,782 €56,242 +€13,460 +31.5%
Trade debts 44 €506 €2,085 +€1,579 +312.3%
Suppliers 440/4 €506 €2,085 +€1,579 +312.3%
Taxes, remuneration and social security 45 €12,276 €7,169 -€5,107 -41.6%
Taxes 450/3 €12,272 €7,169 -€5,103 -41.6%
Remuneration and social security 454/9 €4 €0 -€4 -100.0%
Other amounts payable 47/48 €30,000 €46,987 +€16,987 +56.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €10,357 €11,263 +€905 +8.7%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 - €10,171 +€10,171
Other operating charges 640/8 €1,384 €997 -€387 -28.0%
Gross operating margin 9900 €29,354 €33,584 +€4,230 +14.4%
Operating profit (loss) 9901 €17,612 €11,153 -€6,459 -36.7%
Financial income 75/76B €74 €36 -€39 -51.7%
Recurring financial income 75 €74 €36 -€39 -51.7%
Financial charges 65/66B €88 €55 -€33 -37.2%
Recurring financial charges 65 €88 €55 -€33 -37.2%
Profit (loss) for the period before taxes 9903 €17,598 €11,134 -€6,465 -36.7%
Income taxes 67/77 €1,913 €3,090 +€1,177 +61.5%
Profit (loss) for the period 9904 €15,685 €8,044 -€7,642 -48.7%
Profit (loss) for the period to be appropriated 9905 €15,685 €8,044 -€7,642 -48.7%

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 29 September 2026 via checked.be.