Agnada: 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.
Agnada
Largest movements
- Cash +€178,821
up €178,821 (+52.3%), from €341,684 to €520,505
mainly Net result for the year (+€162,176) and Tax, wage and social debts (+€12,817)
- Tangible fixed assets -€7,408
down €7,408 (-19.8%), from €37,364 to €29,955
of which Furniture and vehicles: -€3,890
- Reserves +€162,170
up €162,170 (+61.6%), from €263,460 to €425,630
- Tax, wage and social debts +€12,817
up €12,817 (+16.5%), from €77,492 to €90,310
of which Taxes: +€7,902
- Trade debts -€11,868
down €11,868 (-27.8%), from €42,623 to €30,755
- Gross operating margin +€60,521
up €60,521 (+10.9%), from €555,602 to €616,122
- Staff costs +€60,515
up €60,515 (+20.2%), from €299,650 to €360,164
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 | €444,444 | €607,009 | +€162,565 | +36.6% |
| Fixed assets | 21/28 | €50,860 | €41,951 | -€8,908 | -17.5% |
| Intangible fixed assets | 21 | €13,496 | €11,996 | -€1,500 | -11.1% |
| Tangible fixed assets | 22/27 | €37,364 | €29,955 | -€7,408 | -19.8% |
| Plant, machinery and equipment | 23 | €23,094 | €19,575 | -€3,519 | -15.2% |
| Furniture and vehicles | 24 | €14,270 | €10,380 | -€3,890 | -27.3% |
| Current assets | 29/58 | €393,584 | €565,058 | +€171,474 | +43.6% |
| Stocks and contracts in progress | 3 | €35,481 | €31,814 | -€3,667 | -10.3% |
| Stocks | 30/36 | €35,481 | €31,814 | -€3,667 | -10.3% |
| Amounts receivable within one year | 40/41 | €3,081 | €32 | -€3,050 | -99.0% |
| Trade receivables | 40 | €1,593 | €32 | -€1,562 | -98.0% |
| Other amounts receivable | 41 | €1,488 | - | -€1,488 | |
| Cash at bank and in hand | 54/58 | €341,684 | €520,505 | +€178,821 | +52.3% |
| Deferred charges and accrued income | 490/1 | €13,338 | €12,707 | -€631 | -4.7% |
| Total equity and liabilities | 10/49 | €444,444 | €607,009 | +€162,565 | +36.6% |
| Equity | 10/15 | €323,378 | €485,554 | +€162,176 | +50.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €263,460 | €425,630 | +€162,170 | +61.6% |
| Distributable reserves | 133 | €263,460 | €425,630 | +€162,170 | +61.6% |
| Profit (loss) carried forward | 14 | €41,318 | €41,324 | +€6 | 0.0% |
| Amounts payable | 17/49 | €121,066 | €121,455 | +€389 | +0.3% |
| Amounts payable within one year | 42/48 | €120,466 | €121,065 | +€599 | +0.5% |
| Trade debts | 44 | €42,623 | €30,755 | -€11,868 | -27.8% |
| Suppliers | 440/4 | €42,623 | €30,755 | -€11,868 | -27.8% |
| Taxes, remuneration and social security | 45 | €77,492 | €90,310 | +€12,817 | +16.5% |
| Taxes | 450/3 | €35,442 | €43,344 | +€7,902 | +22.3% |
| Remuneration and social security | 454/9 | €42,050 | €46,966 | +€4,916 | +11.7% |
| Other amounts payable | 47/48 | €351 | - | -€351 | |
| Accrued charges and deferred income | 492/3 | €600 | €391 | -€209 | -34.9% |
| Remuneration, social security and pensions | 62 | €299,650 | €360,164 | +€60,515 | +20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,023 | €9,282 | +€258 | +2.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,814 | - | -€4,814 | |
| Other operating charges | 640/8 | - | €3,703 | +€3,703 | |
| Gross operating margin | 9900 | €555,602 | €616,122 | +€60,521 | +10.9% |
| Operating profit (loss) | 9901 | €242,114 | €242,973 | +€858 | +0.4% |
| Financial income | 75/76B | €543 | €490 | -€53 | -9.8% |
| Recurring financial income | 75 | €543 | €490 | -€53 | -9.8% |
| Financial charges | 65/66B | €4,266 | €4,285 | +€19 | +0.4% |
| Recurring financial charges | 65 | €4,266 | €4,285 | +€19 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €238,392 | €239,178 | +€786 | +0.3% |
| Income taxes | 67/77 | €76,785 | €77,003 | +€218 | +0.3% |
| Profit (loss) for the period | 9904 | €161,607 | €162,176 | +€569 | +0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €161,607 | €162,176 | +€569 | +0.4% |
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 2 October 2026 via checked.be.