AGIRO: 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.
AGIRO
Largest movements
- Receivables within one year +€47,817
up €47,817 (+6647.3%), from €719 to €48,537
of which Trade receivables: +€48,484
- Cash +€23,489
up €23,489 (+75141.9%), from €31 to €23,521
mainly Trade debts (+€43,638) and Tax, wage and social debts (+€34,950)
- Tangible fixed assets +€14,294
up €14,294 (+73.3%), from €19,501 to €33,795
of which Other tangible fixed assets: +€16,438
- Stocks and contracts +€2,694
up €2,694 (+1945.1%), from €139 to €2,832
- Trade debts +€43,638
up €43,638 (+13223.5%), from €330 to €43,968
- Tax, wage and social debts +€34,950
new in 2025: €34,950
of which Taxes: +€22,326
- Other debts +€8,407
up €8,407 (+872.4%), from €964 to €9,371
- Profit (loss) carried forward +€2,254
up €2,254 (+23.6%), from -€9,535 to -€7,281
- Staff costs +€63,125
new in 2025: €63,125
- Gross operating margin +€52,101
up €52,101 (+228.5%), from €22,804 to €74,905
- Turnover -€39,653
no longer reported in 2025 (was €39,653)
- Purchases and services -€16,849
no longer reported in 2025 (was €16,849)
- Depreciation +€2,637
up €2,637 (+56.9%), from €4,631 to €7,268
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 | €20,390 | €109,638 | +€89,248 | +437.7% |
| Fixed assets | 21/28 | €19,501 | €33,795 | +€14,294 | +73.3% |
| Tangible fixed assets | 22/27 | €19,501 | €33,795 | +€14,294 | +73.3% |
| Plant, machinery and equipment | 23 | €16,053 | €12,040 | -€4,013 | -25.0% |
| Furniture and vehicles | 24 | €3,448 | €5,318 | +€1,869 | +54.2% |
| Other tangible fixed assets | 26 | - | €16,438 | +€16,438 | |
| Current assets | 29/58 | €889 | €75,843 | +€74,954 | +8430.2% |
| Stocks and contracts in progress | 3 | €139 | €2,832 | +€2,694 | +1945.1% |
| Stocks | 30/36 | €139 | €2,832 | +€2,694 | +1945.1% |
| Amounts receivable within one year | 40/41 | €719 | €48,537 | +€47,817 | +6647.3% |
| Trade receivables | 40 | - | €48,484 | +€48,484 | |
| Other amounts receivable | 41 | €719 | €52 | -€667 | -92.7% |
| Cash at bank and in hand | 54/58 | €31 | €23,521 | +€23,489 | +75141.9% |
| Deferred charges and accrued income | 490/1 | - | €954 | +€954 | |
| Total equity and liabilities | 10/49 | €20,390 | €109,638 | +€89,248 | +437.7% |
| Equity | 10/15 | €19,096 | €21,350 | +€2,254 | +11.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,031 | €10,031 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €8,171 | €8,171 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,535 | -€7,281 | +€2,254 | +23.6% |
| Amounts payable | 17/49 | €1,294 | €88,288 | +€86,995 | +6724.4% |
| Amounts payable within one year | 42/48 | €1,294 | €88,288 | +€86,995 | +6724.4% |
| Trade debts | 44 | €330 | €43,968 | +€43,638 | +13223.5% |
| Suppliers | 440/4 | €330 | €43,968 | +€43,638 | +13223.5% |
| Taxes, remuneration and social security | 45 | - | €34,950 | +€34,950 | |
| Taxes | 450/3 | - | €22,326 | +€22,326 | |
| Remuneration and social security | 454/9 | - | €12,624 | +€12,624 | |
| Other amounts payable | 47/48 | €964 | €9,371 | +€8,407 | +872.4% |
| Turnover | 70 | €39,653 | - | -€39,653 | |
| Goods, raw materials, services and sundry goods | 60/61 | €16,849 | - | -€16,849 | |
| Remuneration, social security and pensions | 62 | - | €63,125 | +€63,125 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,631 | €7,268 | +€2,637 | +56.9% |
| Other operating charges | 640/8 | - | €956 | +€956 | |
| Gross operating margin | 9900 | €22,804 | €74,905 | +€52,101 | +228.5% |
| Operating profit (loss) | 9901 | €18,173 | €3,555 | -€14,617 | -80.4% |
| Financial income | 75/76B | - | €33 | +€33 | |
| Recurring financial income | 75 | - | €33 | +€33 | |
| Financial charges | 65/66B | - | €707 | +€707 | |
| Recurring financial charges | 65 | - | €707 | +€707 | |
| Profit (loss) for the period before taxes | 9903 | €18,173 | €2,881 | -€15,292 | -84.1% |
| Income taxes | 67/77 | - | €628 | +€628 | |
| Profit (loss) for the period | 9904 | €18,173 | €2,254 | -€15,919 | -87.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,173 | €2,254 | -€15,919 | -87.6% |
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 10 October 2026 via checked.be.