AUGUSTUS: 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.
AUGUSTUS
Largest movements
- Tangible fixed assets +€185,486
up €185,486 (+52.7%), from €351,638 to €537,124
of which Other tangible fixed assets: +€161,883
- Stocks and contracts +€108,440
up €108,440 (+129%), from €83,861 to €192,302
of which Stocks: +€86,440
- Receivables within one year -€71,717
down €71,717 (-17.8%), from €402,031 to €330,314
of which Other amounts receivable: -€241,016
- Cash +€18,825
up €18,825 (+15.3%), from €123,200 to €142,025
mainly Net result for the year (+€116,165) and Depreciation (+€80,926)
- Reserves +€116,165
up €116,165 (+12.0%), from €971,764 to €1.1m
- Other debts +€65,313
up €65,313 (+84.0%), from €77,762 to €143,075
- Debts after one year +€25,785
up €25,785 (+9.4%), from €274,933 to €300,718
- Trade debts +€17,311
up €17,311 (+154%), from €11,228 to €28,539
- Staff costs -€127,453
down €127,453 (-24.4%), from €521,352 to €393,898
- Gross operating margin +€72,450
up €72,450 (+12.6%), from €575,423 to €647,873
- Taxes +€41,449
up €41,449 (+2,490%), from €1,665 to €43,114
From the 31-12-2024 result to the 31-12-2025 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.
Derived cash bridge
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,456,979 | €1,701,727 | +€244,748 | +16.8% |
| Fixed assets | 21/28 | €797,561 | €982,588 | +€185,026 | +23.2% |
| Intangible fixed assets | 21 | €688 | €228 | -€460 | -66.8% |
| Tangible fixed assets | 22/27 | €351,638 | €537,124 | +€185,486 | +52.7% |
| Plant, machinery and equipment | 23 | €25,742 | €17,693 | -€8,049 | -31.3% |
| Furniture and vehicles | 24 | €53,241 | €90,873 | +€37,633 | +70.7% |
| Leasing and similar rights | 25 | €5,992 | €12 | -€5,980 | -99.8% |
| Other tangible fixed assets | 26 | €266,663 | €428,546 | +€161,883 | +60.7% |
| Financial fixed assets | 28 | €445,235 | €445,235 | = | 0.0% |
| Current assets | 29/58 | €659,417 | €719,139 | +€59,722 | +9.1% |
| Stocks and contracts in progress | 3 | €83,861 | €192,302 | +€108,440 | +129% |
| Stocks | 30/36 | €72,912 | €159,352 | +€86,440 | +119% |
| Contracts in progress | 37 | €10,949 | €32,950 | +€22,001 | +201% |
| Amounts receivable within one year | 40/41 | €402,031 | €330,314 | -€71,717 | -17.8% |
| Trade receivables | 40 | €107,020 | €276,319 | +€169,299 | +158% |
| Other amounts receivable | 41 | €295,011 | €53,995 | -€241,016 | -81.7% |
| Cash at bank and in hand | 54/58 | €123,200 | €142,025 | +€18,825 | +15.3% |
| Deferred charges and accrued income | 490/1 | €50,325 | €54,499 | +€4,174 | +8.3% |
| Total equity and liabilities | 10/49 | €1,456,979 | €1,701,727 | +€244,748 | +16.8% |
| Equity | 10/15 | €1,017,974 | €1,134,138 | +€116,165 | +11.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €971,764 | €1,087,929 | +€116,165 | +12.0% |
| Distributable reserves | 133 | €971,764 | €1,087,929 | +€116,165 | +12.0% |
| Profit (loss) carried forward | 14 | €26,209 | €26,209 | = | 0.0% |
| Amounts payable | 17/49 | €439,005 | €567,589 | +€128,584 | +29.3% |
| Amounts payable after more than one year | 17 | €274,933 | €300,718 | +€25,785 | +9.4% |
| Financial debts | 170/4 | €274,933 | €300,718 | +€25,785 | +9.4% |
| Amounts payable within one year | 42/48 | €163,432 | €263,823 | +€100,391 | +61.4% |
| Current portion of amounts payable after more than one year | 42 | €19,439 | €26,406 | +€6,967 | +35.8% |
| Trade debts | 44 | €11,228 | €28,539 | +€17,311 | +154% |
| Suppliers | 440/4 | €11,228 | €28,539 | +€17,311 | +154% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €55,004 | €65,803 | +€10,800 | +19.6% |
| Taxes | 450/3 | €10,175 | €27,682 | +€17,507 | +172% |
| Remuneration and social security | 454/9 | €44,829 | €38,121 | -€6,708 | -15.0% |
| Other amounts payable | 47/48 | €77,762 | €143,075 | +€65,313 | +84.0% |
| Accrued charges and deferred income | 492/3 | €640 | €3,048 | +€2,408 | +376% |
| Remuneration, social security and pensions | 62 | €521,352 | €393,898 | -€127,453 | -24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,056 | €80,926 | +€1,871 | +2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,879 | €7,002 | +€3,123 | +80.5% |
| Non-recurring operating charges | 66A | - | -€91 | -€91 | |
| Gross operating margin | 9900 | €575,423 | €647,873 | +€72,450 | +12.6% |
| Operating profit (loss) | 9901 | -€28,863 | €166,137 | +€195,000 | |
| Financial income | 75/76B | €7,640 | €3,867 | -€3,773 | -49.4% |
| Recurring financial income | 75 | €5,140 | €3,867 | -€1,273 | -24.8% |
| Non-recurring financial income | 76B | €2,500 | €0 | -€2,500 | -100% |
| Financial charges | 65/66B | €9,517 | €10,726 | +€1,209 | +12.7% |
| Recurring financial charges | 65 | €9,517 | €10,726 | +€1,209 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | -€30,740 | €159,278 | +€190,018 | |
| Income taxes | 67/77 | €1,665 | €43,114 | +€41,449 | +2,490% |
| Profit (loss) for the period | 9904 | -€32,405 | €116,165 | +€148,569 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,405 | €116,165 | +€148,569 |
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 15 October 2026 via checked.be.