AGARTHA: 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.
AGARTHA
Largest movements
- Receivables within one year +€30,652
up €30,652 (+355.2%), from €8,629 to €39,281
of which Trade receivables: +€30,743
- Tangible fixed assets -€2,837
down €2,837 (-25.4%), from €11,155 to €8,318
- Cash -€2,248
down €2,248 (-3.6%), from €62,380 to €60,132
mainly Receivables within one year (-€30,652) and Debts after one year (-€3,550)
- Reserves +€15,556
up €15,556 (+54.9%), from €28,345 to €43,901
of which Distributable reserves: +€15,556
- Tax, wage and social debts +€13,297
up €13,297 (+256.2%), from €5,190 to €18,487
of which Taxes: +€10,480
- Debts after one year -€3,550
down €3,550 (-49.0%), from €7,245 to €3,695
- Gross operating margin +€30,625
up €30,625, from -€8,978 to €21,647
- Taxes +€1,439
up €1,439 (+851.5%), from €169 to €1,608
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,834 | €139,191 | +€26,357 | +23.4% |
| Fixed assets | 21/28 | €41,437 | €38,550 | -€2,887 | -7.0% |
| Tangible fixed assets | 22/27 | €11,155 | €8,318 | -€2,837 | -25.4% |
| Furniture and vehicles | 24 | €11,155 | €8,318 | -€2,837 | -25.4% |
| Financial fixed assets | 28 | €30,282 | €30,232 | -€50 | -0.2% |
| Current assets | 29/58 | €71,397 | €100,641 | +€29,244 | +41.0% |
| Amounts receivable within one year | 40/41 | €8,629 | €39,281 | +€30,652 | +355.2% |
| Trade receivables | 40 | €8,411 | €39,154 | +€30,743 | +365.5% |
| Other amounts receivable | 41 | €218 | €127 | -€91 | -41.7% |
| Cash at bank and in hand | 54/58 | €62,380 | €60,132 | -€2,248 | -3.6% |
| Deferred charges and accrued income | 490/1 | €388 | €1,228 | +€840 | +216.5% |
| Total equity and liabilities | 10/49 | €112,834 | €139,191 | +€26,357 | +23.4% |
| Equity | 10/15 | €94,706 | €110,262 | +€15,556 | +16.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €28,345 | €43,901 | +€15,556 | +54.9% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €26,345 | €41,901 | +€15,556 | +59.0% |
| Profit (loss) carried forward | 14 | €46,361 | €46,361 | = | 0.0% |
| Amounts payable | 17/49 | €18,128 | €28,929 | +€10,801 | +59.6% |
| Amounts payable after more than one year | 17 | €7,245 | €3,695 | -€3,550 | -49.0% |
| Financial debts | 170/4 | €7,245 | €3,695 | -€3,550 | -49.0% |
| Amounts payable within one year | 42/48 | €10,882 | €25,232 | +€14,350 | +131.9% |
| Current portion of amounts payable after more than one year | 42 | €3,410 | €3,550 | +€140 | +4.1% |
| Trade debts | 44 | €2,282 | €3,195 | +€913 | +40.0% |
| Suppliers | 440/4 | €2,282 | €3,195 | +€913 | +40.0% |
| Taxes, remuneration and social security | 45 | €5,190 | €18,487 | +€13,297 | +256.2% |
| Taxes | 450/3 | €144 | €10,624 | +€10,480 | +7277.8% |
| Remuneration and social security | 454/9 | €5,046 | €7,863 | +€2,817 | +55.8% |
| Accrued charges and deferred income | 492/3 | €1 | €2 | +€1 | +100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,998 | €3,955 | -€43 | -1.1% |
| Other operating charges | 640/8 | €457 | €471 | +€14 | +3.1% |
| Gross operating margin | 9900 | -€8,978 | €21,647 | +€30,625 | |
| Operating profit (loss) | 9901 | -€13,433 | €17,221 | +€30,654 | |
| Financial income | 75/76B | €217 | €353 | +€136 | +62.7% |
| Recurring financial income | 75 | €217 | €353 | +€136 | +62.7% |
| Financial charges | 65/66B | €564 | €411 | -€153 | -27.1% |
| Recurring financial charges | 65 | €564 | €411 | -€153 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,780 | €17,163 | +€30,943 | |
| Income taxes | 67/77 | €169 | €1,608 | +€1,439 | +851.5% |
| Profit (loss) for the period | 9904 | -€13,949 | €15,555 | +€29,504 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,949 | €15,555 | +€29,504 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.