DR. AGON: 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.
DR. AGON
Largest movements
- Cash -€61,499
down €61,499 (-91.4%), from €67,268 to €5,769
mainly Other debts (-€93,518) and Contributions, distributions and other (-€62,448)
- Tangible fixed assets -€16,083
down €16,083 (-29.2%), from €55,008 to €38,925
of which Furniture and vehicles: -€15,611
- Other debts -€93,518
down €93,518 (-81.7%), from €114,409 to €20,892
- Reserves +€21,420
up €21,420 (+34.3%), from €62,448 to €83,868
- Trade debts -€7,763
down €7,763 (-72.7%), from €10,675 to €2,913
- Tax, wage and social debts +€2,060
up €2,060 (+85.8%), from €2,400 to €4,460
- Gross operating margin +€24,668
up €24,668 (+25.1%), from €98,340 to €123,008
- Taxes +€5,844
up €5,844 (+35.7%), from €16,363 to €22,206
- Depreciation -€2,693
down €2,693 (-14.3%), from €18,776 to €16,083
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 | €195,933 | €118,133 | -€77,800 | -39.7% |
| Fixed assets | 21/28 | €118,864 | €102,781 | -€16,083 | -13.5% |
| Tangible fixed assets | 22/27 | €55,008 | €38,925 | -€16,083 | -29.2% |
| Plant, machinery and equipment | 23 | €1,546 | €1,073 | -€473 | -30.6% |
| Furniture and vehicles | 24 | €53,462 | €37,852 | -€15,611 | -29.2% |
| Financial fixed assets | 28 | €63,856 | €63,856 | = | 0.0% |
| Current assets | 29/58 | €77,068 | €15,352 | -€61,717 | -80.1% |
| Amounts receivable within one year | 40/41 | €3,637 | €3,637 | = | 0.0% |
| Other amounts receivable | 41 | €3,637 | €3,637 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €67,268 | €5,769 | -€61,499 | -91.4% |
| Deferred charges and accrued income | 490/1 | €6,163 | €5,945 | -€218 | -3.5% |
| Total equity and liabilities | 10/49 | €195,933 | €118,133 | -€77,800 | -39.7% |
| Equity | 10/15 | €68,448 | €89,868 | +€21,420 | +31.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €62,448 | €83,868 | +€21,420 | +34.3% |
| Distributable reserves | 133 | €62,448 | €83,868 | +€21,420 | +34.3% |
| Amounts payable | 17/49 | €127,485 | €28,264 | -€99,220 | -77.8% |
| Amounts payable within one year | 42/48 | €127,485 | €28,264 | -€99,220 | -77.8% |
| Trade debts | 44 | €10,675 | €2,913 | -€7,763 | -72.7% |
| Suppliers | 440/4 | €10,675 | €2,913 | -€7,763 | -72.7% |
| Taxes, remuneration and social security | 45 | €2,400 | €4,460 | +€2,060 | +85.8% |
| Taxes | 450/3 | €2,400 | €4,460 | +€2,060 | +85.8% |
| Other amounts payable | 47/48 | €114,409 | €20,892 | -€93,518 | -81.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,776 | €16,083 | -€2,693 | -14.3% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €98,340 | €123,008 | +€24,668 | +25.1% |
| Operating profit (loss) | 9901 | €79,051 | €106,397 | +€27,346 | +34.6% |
| Financial charges | 65/66B | €240 | €323 | +€82 | +34.3% |
| Recurring financial charges | 65 | €240 | €323 | +€82 | +34.3% |
| Profit (loss) for the period before taxes | 9903 | €78,811 | €106,075 | +€27,264 | +34.6% |
| Income taxes | 67/77 | €16,363 | €22,206 | +€5,844 | +35.7% |
| Profit (loss) for the period | 9904 | €62,448 | €83,868 | +€21,420 | +34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €62,448 | €83,868 | +€21,420 | +34.3% |
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 5 October 2026 via checked.be.