AUGNITION: 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.
AUGNITION
Largest movements
- Intangible fixed assets -€334,230
down €334,230 (-15.7%), from €2.1m to €1.8m
- Financial fixed assets +€194,677
new in 2025: €194,677
- Receivables within one year +€148,625
up €148,625 (+10.1%), from €1.5m to €1.6m
of which Trade receivables: +€201,602
- Cash +€132,563
up €132,563 (+91.7%), from €144,509 to €277,073
mainly Depreciation (+€1.3m) and Trade debts (+€567,266)
- Trade debts +€567,266
up €567,266 (+119.5%), from €474,559 to €1.0m
- Profit (loss) carried forward -€405,522
down €405,522 (-31.8%), from -€1.3m to -€1.7m
- Accrued charges and deferred income -€260,543
down €260,543 (-61.1%), from €426,181 to €165,638
- Other debts +€219,713
up €219,713 (+99.4%), from €221,138 to €440,851
- Staff costs -€605,454
down €605,454 (-46.0%), from €1.3m to €710,477
- Gross operating margin -€166,489
down €166,489 (-9.4%), from €1.8m to €1.6m
- Depreciation +€58,112
up €58,112 (+4.7%), from €1.2m to €1.3m
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 | €4,123,230 | €4,222,342 | +€99,112 | +2.4% |
| Fixed assets | 21/28 | €2,131,581 | €1,986,862 | -€144,719 | -6.8% |
| Intangible fixed assets | 21 | €2,124,088 | €1,789,857 | -€334,230 | -15.7% |
| Tangible fixed assets | 22/27 | €7,493 | €2,327 | -€5,166 | -68.9% |
| Furniture and vehicles | 24 | €7,493 | €2,327 | -€5,166 | -68.9% |
| Financial fixed assets | 28 | - | €194,677 | +€194,677 | |
| Current assets | 29/58 | €1,991,649 | €2,235,480 | +€243,831 | +12.2% |
| Amounts receivable within one year | 40/41 | €1,478,259 | €1,626,884 | +€148,625 | +10.1% |
| Trade receivables | 40 | €1,359,275 | €1,560,877 | +€201,602 | +14.8% |
| Other amounts receivable | 41 | €118,984 | €66,007 | -€52,977 | -44.5% |
| Cash at bank and in hand | 54/58 | €144,509 | €277,073 | +€132,563 | +91.7% |
| Deferred charges and accrued income | 490/1 | €368,881 | €331,523 | -€37,358 | -10.1% |
| Total equity and liabilities | 10/49 | €4,123,230 | €4,222,342 | +€99,112 | +2.4% |
| Equity | 10/15 | €2,895,954 | €2,490,432 | -€405,522 | -14.0% |
| Contributions | 10/11 | €4,173,118 | €4,173,118 | = | 0.0% |
| Capital | 10 | €4,173,118 | €4,173,118 | = | 0.0% |
| Issued capital | 100 | €4,173,118 | €4,173,118 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,277,164 | -€1,682,686 | -€405,522 | -31.8% |
| Amounts payable | 17/49 | €1,227,275 | €1,731,910 | +€504,634 | +41.1% |
| Amounts payable within one year | 42/48 | €801,095 | €1,566,272 | +€765,177 | +95.5% |
| Trade debts | 44 | €474,559 | €1,041,825 | +€567,266 | +119.5% |
| Suppliers | 440/4 | €474,559 | €1,041,825 | +€567,266 | +119.5% |
| Taxes, remuneration and social security | 45 | €105,398 | €83,596 | -€21,802 | -20.7% |
| Taxes | 450/3 | - | €44,513 | +€44,513 | |
| Remuneration and social security | 454/9 | €105,398 | €39,083 | -€66,314 | -62.9% |
| Other amounts payable | 47/48 | €221,138 | €440,851 | +€219,713 | +99.4% |
| Accrued charges and deferred income | 492/3 | €426,181 | €165,638 | -€260,543 | -61.1% |
| Non-recurring operating income | 76A | - | €194,677 | +€194,677 | |
| Remuneration, social security and pensions | 62 | €1,315,931 | €710,477 | -€605,454 | -46.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,248,016 | €1,306,128 | +€58,112 | +4.7% |
| Other operating charges | 640/8 | €1,115 | €4,121 | +€3,006 | +269.6% |
| Non-recurring operating charges | 66A | - | €479 | +€479 | |
| Gross operating margin | 9900 | €1,762,837 | €1,596,349 | -€166,489 | -9.4% |
| Operating profit (loss) | 9901 | -€802,225 | -€424,857 | +€377,368 | +47.0% |
| Financial income | 75/76B | €23,570 | €35,268 | +€11,698 | +49.6% |
| Recurring financial income | 75 | €23,570 | €35,268 | +€11,698 | +49.6% |
| Financial charges | 65/66B | €17,504 | €14,256 | -€3,247 | -18.6% |
| Recurring financial charges | 65 | €17,504 | €11,176 | -€6,327 | -36.1% |
| Non-recurring financial charges | 66B | - | €3,080 | +€3,080 | |
| Profit (loss) for the period before taxes | 9903 | -€796,158 | -€403,845 | +€392,313 | +49.3% |
| Income taxes | 67/77 | €3,247 | €1,678 | -€1,569 | -48.3% |
| Profit (loss) for the period | 9904 | -€799,405 | -€405,522 | +€393,883 | +49.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€799,405 | -€405,522 | +€393,883 | +49.3% |
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 11 October 2026 via checked.be.