Agbara: what changed
Agbara
Largest movements
- Cash +€13,290
up €13,290 (+133%), from €9,958 to €23,248
mainly Receivables within one year (+€11,280) and Net result for the year (+€7,484)
- Receivables within one year -€11,280
down €11,280 (-30.1%), from €37,435 to €26,155
of which Other amounts receivable: -€7,789
- Tangible fixed assets -€578
down €578 (-49.1%), from €1,178 to €600
- Profit (loss) carried forward +€7,484
up €7,484 (+40.7%), from €18,408 to €25,892
- Tax, wage and social debts -€3,129
down €3,129 (-13.5%), from €23,138 to €20,009
- Other debts -€2,900
down €2,900 (-58.4%), from €4,967 to €2,067
- Gross operating margin -€9,512
down €9,512 (-47.2%), from €20,162 to €10,649
- Taxes -€1,806
down €1,806 (-40.7%), from €4,439 to €2,633
- Financial charges -€464
down €464 (-73.8%), from €630 to €165
- Financial income -€426
down €426 (-66.8%), from €637 to €211
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,563 | €51,034 | +€1,472 | +3.0% |
| Fixed assets | 21/28 | €1,678 | €1,100 | -€578 | -34.4% |
| Tangible fixed assets | 22/27 | €1,178 | €600 | -€578 | -49.1% |
| Furniture and vehicles | 24 | €1,178 | €600 | -€578 | -49.1% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €47,885 | €49,934 | +€2,050 | +4.3% |
| Amounts receivable within one year | 40/41 | €37,435 | €26,155 | -€11,280 | -30.1% |
| Trade receivables | 40 | €27,748 | €24,257 | -€3,491 | -12.6% |
| Other amounts receivable | 41 | €9,687 | €1,898 | -€7,789 | -80.4% |
| Cash at bank and in hand | 54/58 | €9,958 | €23,248 | +€13,290 | +133% |
| Deferred charges and accrued income | 490/1 | €492 | €532 | +€40 | +8.1% |
| Total equity and liabilities | 10/49 | €49,563 | €51,034 | +€1,472 | +3.0% |
| Equity | 10/15 | €20,408 | €27,892 | +€7,484 | +36.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,408 | €25,892 | +€7,484 | +40.7% |
| Amounts payable | 17/49 | €29,155 | €23,142 | -€6,012 | -20.6% |
| Amounts payable within one year | 42/48 | €29,143 | €23,131 | -€6,012 | -20.6% |
| Trade debts | 44 | €1,038 | €1,054 | +€16 | +1.6% |
| Suppliers | 440/4 | €1,038 | €1,054 | +€16 | +1.6% |
| Taxes, remuneration and social security | 45 | €23,138 | €20,009 | -€3,129 | -13.5% |
| Taxes | 450/3 | €23,138 | €20,009 | -€3,129 | -13.5% |
| Other amounts payable | 47/48 | €4,967 | €2,067 | -€2,900 | -58.4% |
| Accrued charges and deferred income | 492/3 | €12 | €12 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €441 | €578 | +€137 | +31.2% |
| Gross operating margin | 9900 | €20,162 | €10,649 | -€9,512 | -47.2% |
| Operating profit (loss) | 9901 | €19,721 | €10,071 | -€9,650 | -48.9% |
| Financial income | 75/76B | €637 | €211 | -€426 | -66.8% |
| Recurring financial income | 75 | €637 | €211 | -€426 | -66.8% |
| Financial charges | 65/66B | €630 | €165 | -€464 | -73.8% |
| Recurring financial charges | 65 | €630 | €165 | -€464 | -73.8% |
| Profit (loss) for the period before taxes | 9903 | €19,728 | €10,117 | -€9,611 | -48.7% |
| Income taxes | 67/77 | €4,439 | €2,633 | -€1,806 | -40.7% |
| Profit (loss) for the period | 9904 | €15,289 | €7,484 | -€7,805 | -51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,289 | €7,484 | -€7,805 | -51.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.