AGAR: 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.
AGAR
Largest movements
- Cash -€2,470
down €2,470 (-54.7%), from €4,515 to €2,045
mainly Tax, wage and social debts (-€4,162) and Trade debts (-€2,105)
- Receivables within one year -€1,072
no longer reported in 2025 (was €1,072)
- Deferred charges and accrued income -€269
no longer reported in 2025 (was €269)
- Tax, wage and social debts -€4,162
down €4,162 (-59.6%), from €6,980 to €2,818
- Trade debts -€2,105
down €2,105 (-84.0%), from €2,505 to €400
- Other debts +€1,402
up €1,402 (+5.4%), from €25,865 to €27,267
- Profit (loss) carried forward +€1,054
up €1,054 (+0.6%), from -€189,071 to -€188,017
- Gross operating margin -€7,305
down €7,305 (-74.6%), from €9,797 to €2,492
- Other operating charges +€418
up €418 (+74.1%), from €564 to €982
- Depreciation -€100
no longer reported in 2025 (was €100)
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 | €5,856 | €2,045 | -€3,811 | -65.1% |
| Current assets | 29/58 | €5,856 | €2,045 | -€3,811 | -65.1% |
| Amounts receivable within one year | 40/41 | €1,072 | - | -€1,072 | |
| Other amounts receivable | 41 | €1,072 | - | -€1,072 | |
| Cash at bank and in hand | 54/58 | €4,515 | €2,045 | -€2,470 | -54.7% |
| Deferred charges and accrued income | 490/1 | €269 | - | -€269 | |
| Total equity and liabilities | 10/49 | €5,856 | €2,045 | -€3,811 | -65.1% |
| Equity | 10/15 | -€29,494 | -€28,440 | +€1,054 | +3.6% |
| Contributions | 10/11 | €158,600 | €158,600 | = | 0.0% |
| Reserves | 13 | €977 | €977 | = | 0.0% |
| Distributable reserves | 133 | €977 | €977 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€189,071 | -€188,017 | +€1,054 | +0.6% |
| Amounts payable | 17/49 | €35,350 | €30,485 | -€4,865 | -13.8% |
| Amounts payable within one year | 42/48 | €35,350 | €30,485 | -€4,865 | -13.8% |
| Trade debts | 44 | €2,505 | €400 | -€2,105 | -84.0% |
| Suppliers | 440/4 | €2,505 | €400 | -€2,105 | -84.0% |
| Taxes, remuneration and social security | 45 | €6,980 | €2,818 | -€4,162 | -59.6% |
| Taxes | 450/3 | €6,980 | €2,818 | -€4,162 | -59.6% |
| Other amounts payable | 47/48 | €25,865 | €27,267 | +€1,402 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100 | - | -€100 | |
| Other operating charges | 640/8 | €564 | €982 | +€418 | +74.1% |
| Gross operating margin | 9900 | €9,797 | €2,492 | -€7,305 | -74.6% |
| Operating profit (loss) | 9901 | €9,133 | €1,510 | -€7,623 | -83.5% |
| Financial charges | 65/66B | €270 | €280 | +€10 | +3.7% |
| Recurring financial charges | 65 | €270 | €280 | +€10 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €8,863 | €1,230 | -€7,633 | -86.1% |
| Income taxes | 67/77 | €140 | €176 | +€37 | +26.2% |
| Profit (loss) for the period | 9904 | €8,723 | €1,054 | -€7,670 | -87.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,723 | €1,054 | -€7,670 | -87.9% |
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 28 September 2026 via checked.be.