AGATINO: 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.
AGATINO
Largest movements
- Tangible fixed assets +€53,216
up €53,216 (+215%), from €24,760 to €77,976
of which Furniture and vehicles: +€50,316
- Cash +€7,978
up €7,978 (+23.0%), from €34,742 to €42,720
mainly Net result for the year (+€41,215) and Debts after one year (+€21,200)
- Receivables within one year +€3,739
up €3,739 (+13.1%), from €28,612 to €32,350
- Reserves +€28,715
up €28,715 (+62.4%), from €46,000 to €74,715
- Debts after one year +€21,200
up €21,200 (+4,240%), from €500 to €21,700
of which Financial debts: +€21,700
- Tax, wage and social debts +€15,189
up €15,189 (+48.8%), from €31,118 to €46,307
- Current portion of long-term debt -€9,824
down €9,824 (-37.5%), from €26,192 to €16,368
- Other debts +€8,085
up €8,085 (+1,510%), from €535 to €8,620
- Gross operating margin +€33,856
up €33,856 (+62.8%), from €53,925 to €87,781
- Taxes +€12,090
up €12,090 (+75.4%), from €16,038 to €28,128
- Other operating charges +€6,123
up €6,123 (+391%), from €1,566 to €7,689
- Financial charges +€2,778
up €2,778 (+82.7%), from €3,360 to €6,137
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 | €93,911 | €157,359 | +€63,448 | +67.6% |
| Fixed assets | 21/28 | €27,760 | €80,976 | +€53,216 | +192% |
| Tangible fixed assets | 22/27 | €24,760 | €77,976 | +€53,216 | +215% |
| Furniture and vehicles | 24 | €24,760 | €75,076 | +€50,316 | +203% |
| Other tangible fixed assets | 26 | - | €2,900 | +€2,900 | |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €66,150 | €76,383 | +€10,232 | +15.5% |
| Amounts receivable within one year | 40/41 | €28,612 | €32,350 | +€3,739 | +13.1% |
| Trade receivables | 40 | €28,612 | €32,350 | +€3,739 | +13.1% |
| Cash at bank and in hand | 54/58 | €34,742 | €42,720 | +€7,978 | +23.0% |
| Deferred charges and accrued income | 490/1 | €2,797 | €1,313 | -€1,484 | -53.1% |
| Total equity and liabilities | 10/49 | €93,911 | €157,359 | +€63,448 | +67.6% |
| Equity | 10/15 | €33,091 | €61,806 | +€28,715 | +86.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €46,000 | €74,715 | +€28,715 | +62.4% |
| Distributable reserves | 133 | €46,000 | €74,715 | +€28,715 | +62.4% |
| Profit (loss) carried forward | 14 | -€15,409 | -€15,409 | = | 0.0% |
| Amounts payable | 17/49 | €60,820 | €95,553 | +€34,733 | +57.1% |
| Amounts payable after more than one year | 17 | €500 | €21,700 | +€21,200 | +4,240% |
| Financial debts | 170/4 | - | €21,700 | +€21,700 | |
| Other amounts payable | 178/9 | €500 | - | -€500 | |
| Amounts payable within one year | 42/48 | €59,441 | €73,786 | +€14,345 | +24.1% |
| Current portion of amounts payable after more than one year | 42 | €26,192 | €16,368 | -€9,824 | -37.5% |
| Trade debts | 44 | €1,596 | €2,491 | +€895 | +56.0% |
| Suppliers | 440/4 | €1,596 | €2,491 | +€895 | +56.0% |
| Taxes, remuneration and social security | 45 | €31,118 | €46,307 | +€15,189 | +48.8% |
| Taxes | 450/3 | €31,118 | €46,307 | +€15,189 | +48.8% |
| Other amounts payable | 47/48 | €535 | €8,620 | +€8,085 | +1,510% |
| Accrued charges and deferred income | 492/3 | €879 | €67 | -€812 | -92.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,985 | €4,668 | +€683 | +17.1% |
| Other operating charges | 640/8 | €1,566 | €7,689 | +€6,123 | +391% |
| Gross operating margin | 9900 | €53,925 | €87,781 | +€33,856 | +62.8% |
| Operating profit (loss) | 9901 | €48,374 | €75,425 | +€27,051 | +55.9% |
| Financial income | 75/76B | €26 | €56 | +€30 | +117% |
| Recurring financial income | 75 | €26 | €56 | +€30 | +117% |
| Financial charges | 65/66B | €3,360 | €6,137 | +€2,778 | +82.7% |
| Recurring financial charges | 65 | €3,360 | €6,137 | +€2,778 | +82.7% |
| Profit (loss) for the period before taxes | 9903 | €45,040 | €69,343 | +€24,303 | +54.0% |
| Income taxes | 67/77 | €16,038 | €28,128 | +€12,090 | +75.4% |
| Profit (loss) for the period | 9904 | €29,002 | €41,215 | +€12,213 | +42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €29,002 | €41,215 | +€12,213 | +42.1% |
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 18 October 2026 via checked.be.