AGATRA: 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.
AGATRA
Largest movements
- Cash +€6,133
up €6,133 (+18.2%), from €33,714 to €39,847
mainly Other debts (+€19,376) and Depreciation (+€4,750)
- Tangible fixed assets -€4,750
down €4,750 (-3.9%), from €120,443 to €115,693
- Receivables within one year -€3,061
down €3,061 (-21.5%), from €14,210 to €11,149
of which Trade receivables: -€3,061
- Other debts +€19,376
up €19,376 (+23.0%), from €84,180 to €103,555
- Profit (loss) carried forward -€11,359
down €11,359 (-31.6%), from €35,889 to €24,530
- Debts after one year -€7,222
down €7,222 (-100.0%), from €7,222 to €0
- Staff costs -€1,904
down €1,904 (-100.0%), from €1,904 to €0
- Financial charges -€1,798
down €1,798 (-24.7%), from €7,264 to €5,467
- Gross operating margin -€1,301
down €1,301 (-93.2%), from €1,395 to €94
- Other operating charges -€38
down €38 (-2.6%), from €1,470 to €1,432
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 | €169,193 | €167,497 | -€1,696 | -1.0% |
| Fixed assets | 21/28 | €120,623 | €115,873 | -€4,750 | -3.9% |
| Tangible fixed assets | 22/27 | €120,443 | €115,693 | -€4,750 | -3.9% |
| Land and buildings | 22 | €120,443 | €115,693 | -€4,750 | -3.9% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €48,570 | €51,624 | +€3,054 | +6.3% |
| Amounts receivable within one year | 40/41 | €14,210 | €11,149 | -€3,061 | -21.5% |
| Trade receivables | 40 | €12,651 | €9,590 | -€3,061 | -24.2% |
| Other amounts receivable | 41 | €1,560 | €1,559 | -€1 | -0.1% |
| Cash at bank and in hand | 54/58 | €33,714 | €39,847 | +€6,133 | +18.2% |
| Deferred charges and accrued income | 490/1 | €646 | €628 | -€18 | -2.7% |
| Total equity and liabilities | 10/49 | €169,193 | €167,497 | -€1,696 | -1.0% |
| Equity | 10/15 | €62,149 | €50,790 | -€11,359 | -18.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €13,860 | €13,860 | = | 0.0% |
| Distributable reserves | 133 | €13,860 | €13,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,889 | €24,530 | -€11,359 | -31.6% |
| Amounts payable | 17/49 | €107,044 | €116,707 | +€9,663 | +9.0% |
| Amounts payable after more than one year | 17 | €7,222 | €0 | -€7,222 | -100.0% |
| Financial debts | 170/4 | €7,222 | €0 | -€7,222 | -100.0% |
| Amounts payable within one year | 42/48 | €99,822 | €116,707 | +€16,885 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | €8,667 | €7,222 | -€1,445 | -16.7% |
| Trade debts | 44 | €317 | €350 | +€33 | +10.5% |
| Suppliers | 440/4 | €317 | €350 | +€33 | +10.5% |
| Taxes, remuneration and social security | 45 | €6,659 | €5,580 | -€1,079 | -16.2% |
| Taxes | 450/3 | €5,159 | €4,405 | -€754 | -14.6% |
| Remuneration and social security | 454/9 | €1,500 | €1,175 | -€325 | -21.7% |
| Other amounts payable | 47/48 | €84,180 | €103,555 | +€19,376 | +23.0% |
| Remuneration, social security and pensions | 62 | €1,904 | €0 | -€1,904 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,750 | €4,750 | = | 0.0% |
| Other operating charges | 640/8 | €1,470 | €1,432 | -€38 | -2.6% |
| Gross operating margin | 9900 | €1,395 | €94 | -€1,301 | -93.2% |
| Operating profit (loss) | 9901 | -€6,729 | -€6,088 | +€641 | +9.5% |
| Financial income | 75/76B | €198 | €195 | -€3 | -1.5% |
| Recurring financial income | 75 | €198 | €195 | -€3 | -1.5% |
| Financial charges | 65/66B | €7,264 | €5,467 | -€1,798 | -24.7% |
| Recurring financial charges | 65 | €7,264 | €5,467 | -€1,798 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | -€13,795 | -€11,359 | +€2,436 | +17.7% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€13,795 | -€11,359 | +€2,436 | +17.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,795 | -€11,359 | +€2,436 | +17.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.