AGARENO: 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.
AGARENO
Largest movements
- Receivables after one year +€55,000
up €55,000 (+55.0%), from €100,000 to €155,000
- Receivables within one year -€24,123
no longer reported in 2025 (was €24,123)
- Tangible fixed assets -€21,217
down €21,217 (-2.2%), from €973,381 to €952,164
of which Plant, machinery and equipment: -€21,217
- Debts after one year +€12,267
up €12,267 (+1.3%), from €930,133 to €942,399
- Current portion of long-term debt +€11,397
up €11,397 (+48.0%), from €23,723 to €35,120
- Gross operating margin -€14,600
down €14,600 (-33.8%), from €43,206 to €28,606
- Financial income +€5,916
up €5,916 (+2,427%), from €244 to €6,160
- Depreciation -€1,588
down €1,588 (-7.0%), from €22,805 to €21,217
- Taxes -€1,126
down €1,126, from €1,100 to -€26
- Financial charges -€494
down €494 (-3.2%), from €15,662 to €15,168
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 | €1,100,668 | €1,118,175 | +€17,507 | +1.6% |
| Fixed assets | 21/28 | €973,381 | €952,164 | -€21,217 | -2.2% |
| Tangible fixed assets | 22/27 | €973,381 | €952,164 | -€21,217 | -2.2% |
| Land and buildings | 22 | €856,000 | €856,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €117,381 | €96,164 | -€21,217 | -18.1% |
| Current assets | 29/58 | €127,287 | €166,011 | +€38,724 | +30.4% |
| Amounts receivable after more than one year | 29 | €100,000 | €155,000 | +€55,000 | +55.0% |
| Other amounts receivable | 291 | €100,000 | €155,000 | +€55,000 | +55.0% |
| Amounts receivable within one year | 40/41 | €24,123 | - | -€24,123 | |
| Trade receivables | 40 | €24,123 | - | -€24,123 | |
| Cash at bank and in hand | 54/58 | €3,163 | €11,011 | +€7,848 | +248% |
| Total equity and liabilities | 10/49 | €1,100,668 | €1,118,175 | +€17,507 | +1.6% |
| Equity | 10/15 | €141,502 | €138,892 | -€2,610 | -1.8% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €139,502 | €136,892 | -€2,610 | -1.9% |
| Amounts payable | 17/49 | €959,166 | €979,283 | +€20,117 | +2.1% |
| Amounts payable after more than one year | 17 | €930,133 | €942,399 | +€12,267 | +1.3% |
| Financial debts | 170/4 | €930,133 | €942,399 | +€12,267 | +1.3% |
| Amounts payable within one year | 42/48 | €29,034 | €36,884 | +€7,850 | +27.0% |
| Current portion of amounts payable after more than one year | 42 | €23,723 | €35,120 | +€11,397 | +48.0% |
| Trade debts | 44 | €133 | - | -€133 | |
| Suppliers | 440/4 | €133 | - | -€133 | |
| Taxes, remuneration and social security | 45 | €5,178 | €1,764 | -€3,414 | -65.9% |
| Taxes | 450/3 | €5,178 | €1,764 | -€3,414 | -65.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,805 | €21,217 | -€1,588 | -7.0% |
| Other operating charges | 640/8 | €960 | €1,018 | +€57 | +6.0% |
| Gross operating margin | 9900 | €43,206 | €28,606 | -€14,600 | -33.8% |
| Operating profit (loss) | 9901 | €19,441 | €6,371 | -€13,069 | -67.2% |
| Financial income | 75/76B | €244 | €6,160 | +€5,916 | +2,427% |
| Recurring financial income | 75 | €244 | €6,160 | +€5,916 | +2,427% |
| Financial charges | 65/66B | €15,662 | €15,168 | -€494 | -3.2% |
| Recurring financial charges | 65 | €15,662 | €15,168 | -€494 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €4,023 | -€2,637 | -€6,659 | |
| Income taxes | 67/77 | €1,100 | -€26 | -€1,126 | |
| Profit (loss) for the period | 9904 | €2,923 | -€2,610 | -€5,533 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,923 | -€2,610 | -€5,533 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.