AGENOR: 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.
AGENOR
Largest movements
- Receivables after one year +€24,976
up €24,976 (+37.4%), from €66,794 to €91,770
- Receivables within one year -€6,906
down €6,906 (-28.8%), from €23,946 to €17,040
- Tax, wage and social debts +€11,130
up €11,130 (+40.0%), from €27,803 to €38,933
of which Remuneration and social security: +€6,472
- Profit (loss) carried forward +€7,420
up €7,420 (+40.0%), from €18,530 to €25,950
- Trade debts -€1,358
down €1,358 (-3.6%), from €37,811 to €36,453
- Gross operating margin +€14,540
up €14,540 (+401%), from €3,627 to €18,167
- Financial charges +€3,989
up €3,989 (+2,659%), from €150 to €4,139
- Taxes +€938
up €938 (+19.6%), from €4,792 to €5,730
- Staff costs -€192
down €192 (-10.8%), from €1,767 to €1,575
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 | €95,344 | €113,018 | +€17,673 | +18.5% |
| Fixed assets | 21/28 | €3,200 | €3,200 | = | 0.0% |
| Financial fixed assets | 28 | €3,200 | €3,200 | = | 0.0% |
| Current assets | 29/58 | €92,144 | €109,818 | +€17,673 | +19.2% |
| Amounts receivable after more than one year | 29 | €66,794 | €91,770 | +€24,976 | +37.4% |
| Other amounts receivable | 291 | €66,794 | €91,770 | +€24,976 | +37.4% |
| Amounts receivable within one year | 40/41 | €23,946 | €17,040 | -€6,906 | -28.8% |
| Trade receivables | 40 | €23,946 | €17,040 | -€6,906 | -28.8% |
| Cash at bank and in hand | 54/58 | €1,404 | €1,008 | -€396 | -28.2% |
| Total equity and liabilities | 10/49 | €95,344 | €113,018 | +€17,673 | +18.5% |
| Equity | 10/15 | €29,730 | €37,150 | +€7,420 | +25.0% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,530 | €25,950 | +€7,420 | +40.0% |
| Amounts payable | 17/49 | €65,614 | €75,868 | +€10,253 | +15.6% |
| Amounts payable within one year | 42/48 | €65,614 | €75,386 | +€9,772 | +14.9% |
| Trade debts | 44 | €37,811 | €36,453 | -€1,358 | -3.6% |
| Suppliers | 440/4 | €37,811 | €36,453 | -€1,358 | -3.6% |
| Taxes, remuneration and social security | 45 | €27,803 | €38,933 | +€11,130 | +40.0% |
| Taxes | 450/3 | €23,755 | €28,413 | +€4,658 | +19.6% |
| Remuneration and social security | 454/9 | €4,048 | €10,520 | +€6,472 | +160% |
| Accrued charges and deferred income | 492/3 | - | €482 | +€482 | |
| Remuneration, social security and pensions | 62 | €1,767 | €1,575 | -€192 | -10.8% |
| Other operating charges | 640/8 | €387 | €436 | +€48 | +12.5% |
| Gross operating margin | 9900 | €3,627 | €18,167 | +€14,540 | +401% |
| Operating profit (loss) | 9901 | €1,472 | €16,156 | +€14,683 | +997% |
| Financial income | 75/76B | €1,065 | €1,133 | +€68 | +6.4% |
| Recurring financial income | 75 | €1,065 | €1,133 | +€68 | +6.4% |
| Financial charges | 65/66B | €150 | €4,139 | +€3,989 | +2,659% |
| Recurring financial charges | 65 | €150 | €4,139 | +€3,989 | +2,659% |
| Profit (loss) for the period before taxes | 9903 | €2,387 | €13,150 | +€10,762 | +451% |
| Income taxes | 67/77 | €4,792 | €5,730 | +€938 | +19.6% |
| Profit (loss) for the period | 9904 | -€2,404 | €7,420 | +€9,825 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,404 | €7,420 | +€9,825 |
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 14 October 2026 via checked.be.