AGARA: 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.
AGARA
Largest movements
- Cash +€9,387
up €9,387 (+11147.9%), from €84 to €9,471
mainly Other debts (+€14,673) and Depreciation (+€10,499)
- Tangible fixed assets -€6,620
down €6,620 (-41.5%), from €15,953 to €9,333
of which Furniture and vehicles: -€5,246
- Deferred charges and accrued income +€2,971
new in 2025: €2,971
- Intangible fixed assets -€2,195
down €2,195 (-68.4%), from €3,207 to €1,013
- Receivables within one year +€1,010
up €1,010 (+21.6%), from €4,667 to €5,676
of which Trade receivables: +€1,792
- Other debts +€14,673
up €14,673 (+174.4%), from €8,413 to €23,085
- Short-term financial debts -€9,997
no longer reported in 2025 (was €9,997)
- Debts after one year -€4,358
no longer reported in 2025 (was €4,358)
- Current portion of long-term debt +€3,019
up €3,019 (+225.6%), from €1,338 to €4,358
- Tax, wage and social debts +€2,948
up €2,948 (+35.6%), from €8,291 to €11,239
of which Remuneration and social security: +€4,529
- Gross operating margin +€19,658
up €19,658 (+97.9%), from €20,086 to €39,744
- Staff costs +€4,775
up €4,775 (+22.6%), from €21,114 to €25,888
- Depreciation -€2,346
down €2,346 (-18.3%), from €12,845 to €10,499
- Financial charges +€805
up €805 (+75.8%), from €1,062 to €1,867
- Taxes -€429
no longer reported in 2025 (was €429)
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 | €23,912 | €28,464 | +€4,552 | +19.0% |
| Fixed assets | 21/28 | €19,161 | €10,346 | -€8,815 | -46.0% |
| Intangible fixed assets | 21 | €3,207 | €1,013 | -€2,195 | -68.4% |
| Tangible fixed assets | 22/27 | €15,953 | €9,333 | -€6,620 | -41.5% |
| Plant, machinery and equipment | 23 | €323 | - | -€323 | |
| Furniture and vehicles | 24 | €13,686 | €8,440 | -€5,246 | -38.3% |
| Other tangible fixed assets | 26 | €1,945 | €893 | -€1,051 | -54.1% |
| Current assets | 29/58 | €4,751 | €18,118 | +€13,367 | +281.4% |
| Amounts receivable within one year | 40/41 | €4,667 | €5,676 | +€1,010 | +21.6% |
| Trade receivables | 40 | €3,885 | €5,676 | +€1,792 | +46.1% |
| Other amounts receivable | 41 | €782 | - | -€782 | |
| Cash at bank and in hand | 54/58 | €84 | €9,471 | +€9,387 | +11147.9% |
| Deferred charges and accrued income | 490/1 | - | €2,971 | +€2,971 | |
| Total equity and liabilities | 10/49 | €23,912 | €28,464 | +€4,552 | +19.0% |
| Equity | 10/15 | -€11,420 | -€10,526 | +€893 | +7.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,825 | -€30,931 | +€893 | +2.8% |
| Amounts payable | 17/49 | €35,331 | €38,990 | +€3,659 | +10.4% |
| Amounts payable after more than one year | 17 | €4,358 | - | -€4,358 | |
| Financial debts | 170/4 | €4,358 | - | -€4,358 | |
| Amounts payable within one year | 42/48 | €30,973 | €38,990 | +€8,017 | +25.9% |
| Current portion of amounts payable after more than one year | 42 | €1,338 | €4,358 | +€3,019 | +225.6% |
| Financial debts | 43 | €9,997 | - | -€9,997 | |
| Other loans | 439 | €9,997 | - | -€9,997 | |
| Trade debts | 44 | €2,935 | €308 | -€2,627 | -89.5% |
| Suppliers | 440/4 | €2,935 | €308 | -€2,627 | -89.5% |
| Taxes, remuneration and social security | 45 | €8,291 | €11,239 | +€2,948 | +35.6% |
| Taxes | 450/3 | €1,819 | €238 | -€1,581 | -86.9% |
| Remuneration and social security | 454/9 | €6,472 | €11,001 | +€4,529 | +70.0% |
| Other amounts payable | 47/48 | €8,413 | €23,085 | +€14,673 | +174.4% |
| Remuneration, social security and pensions | 62 | €21,114 | €25,888 | +€4,775 | +22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,845 | €10,499 | -€2,346 | -18.3% |
| Other operating charges | 640/8 | €863 | €597 | -€266 | -30.8% |
| Gross operating margin | 9900 | €20,086 | €39,744 | +€19,658 | +97.9% |
| Operating profit (loss) | 9901 | -€14,736 | €2,759 | +€17,495 | |
| Financial income | 75/76B | €2 | €1 | -€1 | -46.3% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -46.3% |
| Financial charges | 65/66B | €1,062 | €1,867 | +€805 | +75.8% |
| Recurring financial charges | 65 | €1,062 | €1,867 | +€805 | +75.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,796 | €893 | +€16,689 | |
| Income taxes | 67/77 | €429 | - | -€429 | |
| Profit (loss) for the period | 9904 | -€16,225 | €893 | +€17,118 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,225 | €893 | +€17,118 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.