AGATAAL: 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.
AGATAAL
Largest movements
- Receivables within one year -€30,028
down €30,028 (-55.9%), from €53,732 to €23,704
of which Other amounts receivable: -€20,283
- Deferred charges and accrued income +€17,541
up €17,541 (+783%), from €2,240 to €19,781
- Tangible fixed assets -€4,721
down €4,721 (-9.1%), from €51,674 to €46,953
of which Plant, machinery and equipment: -€5,102
- Cash -€2,601
down €2,601 (-9.4%), from €27,553 to €24,952
mainly Net result for the year (-€52,654) and Deferred charges and accrued income (-€17,541)
- Reserves -€36,783
down €36,783 (-49.6%), from €74,163 to €37,379
of which Distributable reserves: -€36,783
- Tax, wage and social debts +€20,574
up €20,574 (+92.3%), from €22,284 to €42,858
of which Taxes: +€21,516
- Profit (loss) carried forward -€15,871
new in 2025: -€15,871
- Trade debts +€6,467
up €6,467 (+110%), from €5,853 to €12,320
- Other debts +€5,616
new in 2025: €5,616
- Gross operating margin -€80,903
down €80,903 (-83.8%), from €96,569 to €15,666
- Staff costs -€13,930
down €13,930 (-20.1%), from €69,293 to €55,363
- Depreciation -€1,428
down €1,428 (-13.1%), from €10,938 to €9,510
- Taxes -€1,370
down €1,370 (-84.8%), from €1,616 to €245
- Other operating charges +€1,361
up €1,361 (+81.9%), from €1,662 to €3,023
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 | €136,700 | €116,890 | -€19,809 | -14.5% |
| Fixed assets | 21/28 | €53,174 | €48,453 | -€4,721 | -8.9% |
| Tangible fixed assets | 22/27 | €51,674 | €46,953 | -€4,721 | -9.1% |
| Land and buildings | 22 | €21,850 | €26,189 | +€4,339 | +19.9% |
| Plant, machinery and equipment | 23 | €9,340 | €4,238 | -€5,102 | -54.6% |
| Furniture and vehicles | 24 | €345 | - | -€345 | |
| Other tangible fixed assets | 26 | €20,138 | €16,526 | -€3,613 | -17.9% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €83,525 | €68,437 | -€15,088 | -18.1% |
| Amounts receivable within one year | 40/41 | €53,732 | €23,704 | -€30,028 | -55.9% |
| Trade receivables | 40 | €21,946 | €12,201 | -€9,745 | -44.4% |
| Other amounts receivable | 41 | €31,786 | €11,503 | -€20,283 | -63.8% |
| Cash at bank and in hand | 54/58 | €27,553 | €24,952 | -€2,601 | -9.4% |
| Deferred charges and accrued income | 490/1 | €2,240 | €19,781 | +€17,541 | +783% |
| Total equity and liabilities | 10/49 | €136,700 | €116,890 | -€19,809 | -14.5% |
| Equity | 10/15 | €92,763 | €40,108 | -€52,654 | -56.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €74,163 | €37,379 | -€36,783 | -49.6% |
| Tax-exempt reserves | 132 | €12,418 | €12,418 | = | 0.0% |
| Distributable reserves | 133 | €61,745 | €24,962 | -€36,783 | -59.6% |
| Profit (loss) carried forward | 14 | - | -€15,871 | -€15,871 | |
| Amounts payable | 17/49 | €43,937 | €76,782 | +€32,845 | +74.8% |
| Amounts payable after more than one year | 17 | €2,581 | €3,248 | +€667 | +25.8% |
| Other amounts payable | 178/9 | €2,581 | €3,248 | +€667 | +25.8% |
| Amounts payable within one year | 42/48 | €39,635 | €72,292 | +€32,657 | +82.4% |
| Current portion of amounts payable after more than one year | 42 | €11,498 | €11,498 | = | 0.0% |
| Trade debts | 44 | €5,853 | €12,320 | +€6,467 | +110% |
| Suppliers | 440/4 | €5,853 | €12,320 | +€6,467 | +110% |
| Taxes, remuneration and social security | 45 | €22,284 | €42,858 | +€20,574 | +92.3% |
| Taxes | 450/3 | €8,638 | €30,154 | +€21,516 | +249% |
| Remuneration and social security | 454/9 | €13,646 | €12,704 | -€942 | -6.9% |
| Other amounts payable | 47/48 | - | €5,616 | +€5,616 | |
| Accrued charges and deferred income | 492/3 | €1,721 | €1,242 | -€479 | -27.8% |
| Non-recurring operating income | 76A | €624 | - | -€624 | |
| Remuneration, social security and pensions | 62 | €69,293 | €55,363 | -€13,930 | -20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,938 | €9,510 | -€1,428 | -13.1% |
| Other operating charges | 640/8 | €1,662 | €3,023 | +€1,361 | +81.9% |
| Gross operating margin | 9900 | €96,569 | €15,666 | -€80,903 | -83.8% |
| Operating profit (loss) | 9901 | €14,677 | -€52,229 | -€66,906 | |
| Financial income | 75/76B | €222 | €21 | -€201 | -90.4% |
| Recurring financial income | 75 | €222 | €21 | -€201 | -90.4% |
| Financial charges | 65/66B | €565 | €201 | -€363 | -64.3% |
| Recurring financial charges | 65 | €565 | €201 | -€363 | -64.3% |
| Profit (loss) for the period before taxes | 9903 | €14,334 | -€52,409 | -€66,743 | |
| Income taxes | 67/77 | €1,616 | €245 | -€1,370 | -84.8% |
| Profit (loss) for the period | 9904 | €12,718 | -€52,654 | -€65,373 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,718 | -€52,654 | -€65,373 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.