AWAG CONCEPT: 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.
AWAG CONCEPT
Largest movements
- Receivables within one year -€80,307
down €80,307 (-60.1%), from €133,528 to €53,221
of which Trade receivables: -€115,007
- Tangible fixed assets +€30,139
up €30,139 (+495%), from €6,090 to €36,229
- Cash +€14,691
up €14,691 (+187%), from €7,876 to €22,566
mainly Receivables within one year (+€80,307) and Net result for the year (+€30,761)
- Accrued charges and deferred income -€64,897
down €64,897 (-59.6%), from €108,895 to €43,998
- Reserves +€17,000
new in 2025: €17,000
- Profit (loss) carried forward +€13,761
up €13,761 (+100.0%), from €13,764 to €27,525
- Trade debts -€13,613
down €13,613 (-69.8%), from €19,505 to €5,892
- Tax, wage and social debts +€12,911
up €12,911 (+334%), from €3,860 to €16,771
of which Remuneration and social security: +€7,471
- Gross operating margin +€64,652
up €64,652 (+342%), from €18,897 to €83,549
- Staff costs +€39,279
up €39,279 (+6,243%), from €629 to €39,908
- Taxes +€5,958
up €5,958 (+178%), from €3,342 to €9,300
- Depreciation +€1,079
up €1,079 (+47.7%), from €2,260 to €3,338
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.
Derived cash bridge
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 | €148,025 | €113,186 | -€34,839 | -23.5% |
| Fixed assets | 21/28 | €6,270 | €36,409 | +€30,139 | +481% |
| Tangible fixed assets | 22/27 | €6,090 | €36,229 | +€30,139 | +495% |
| Furniture and vehicles | 24 | €6,090 | €36,229 | +€30,139 | +495% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €141,755 | €76,777 | -€64,977 | -45.8% |
| Amounts receivable within one year | 40/41 | €133,528 | €53,221 | -€80,307 | -60.1% |
| Trade receivables | 40 | €129,082 | €14,075 | -€115,007 | -89.1% |
| Other amounts receivable | 41 | €4,446 | €39,147 | +€34,700 | +780% |
| Cash at bank and in hand | 54/58 | €7,876 | €22,566 | +€14,691 | +187% |
| Deferred charges and accrued income | 490/1 | €351 | €990 | +€638 | +182% |
| Total equity and liabilities | 10/49 | €148,025 | €113,186 | -€34,839 | -23.5% |
| Equity | 10/15 | €15,764 | €46,525 | +€30,761 | +195% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €17,000 | +€17,000 | |
| Distributable reserves | 133 | - | €17,000 | +€17,000 | |
| Profit (loss) carried forward | 14 | €13,764 | €27,525 | +€13,761 | +100.0% |
| Amounts payable | 17/49 | €132,261 | €66,661 | -€65,599 | -49.6% |
| Amounts payable within one year | 42/48 | €23,366 | €22,663 | -€703 | -3.0% |
| Trade debts | 44 | €19,505 | €5,892 | -€13,613 | -69.8% |
| Suppliers | 440/4 | €19,505 | €5,892 | -€13,613 | -69.8% |
| Taxes, remuneration and social security | 45 | €3,860 | €16,771 | +€12,911 | +334% |
| Taxes | 450/3 | €3,860 | €9,300 | +€5,440 | +141% |
| Remuneration and social security | 454/9 | - | €7,471 | +€7,471 | |
| Accrued charges and deferred income | 492/3 | €108,895 | €43,998 | -€64,897 | -59.6% |
| Remuneration, social security and pensions | 62 | €629 | €39,908 | +€39,279 | +6,243% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,260 | €3,338 | +€1,079 | +47.7% |
| Other operating charges | 640/8 | €400 | €474 | +€74 | +18.4% |
| Gross operating margin | 9900 | €18,897 | €83,549 | +€64,652 | +342% |
| Operating profit (loss) | 9901 | €15,608 | €39,829 | +€24,221 | +155% |
| Financial income | 75/76B | €370 | €450 | +€81 | +21.9% |
| Recurring financial income | 75 | €370 | €450 | +€81 | +21.9% |
| Financial charges | 65/66B | €224 | €218 | -€6 | -2.6% |
| Recurring financial charges | 65 | €224 | €218 | -€6 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €15,753 | €40,061 | +€24,307 | +154% |
| Income taxes | 67/77 | €3,342 | €9,300 | +€5,958 | +178% |
| Profit (loss) for the period | 9904 | €12,411 | €30,761 | +€18,349 | +148% |
| Profit (loss) for the period to be appropriated | 9905 | €12,411 | €30,761 | +€18,349 | +148% |
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 24 October 2026 via checked.be.