AGNEAU: 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.
AGNEAU
Largest movements
- Stocks and contracts +€64,269
up €64,269 (+1.6%), from €3.9m to €4.0m
- Other debts +€154,289
up €154,289 (+7.4%), from €2.1m to €2.2m
- Profit (loss) carried forward -€56,789
down €56,789 (-46.7%), from -€121,622 to -€178,411
- Debts after one year -€42,757
down €42,757 (-6.0%), from €716,074 to €673,317
- Financial charges -€39,808
down €39,808 (-38.3%), from €103,817 to €64,009
- Gross operating margin -€20,801
down €20,801 (-52.7%), from €39,437 to €18,636
- Other operating charges -€7,019
down €7,019 (-38.1%), from €18,435 to €11,416
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 | €3,949,060 | €4,004,333 | +€55,272 | +1.4% |
| Current assets | 29/58 | €3,949,060 | €4,004,333 | +€55,272 | +1.4% |
| Stocks and contracts in progress | 3 | €3,938,341 | €4,002,610 | +€64,269 | +1.6% |
| Stocks | 30/36 | €3,938,341 | €4,002,610 | +€64,269 | +1.6% |
| Amounts receivable within one year | 40/41 | €800 | €800 | = | 0.0% |
| Other amounts receivable | 41 | €800 | €800 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €52 | €80 | +€28 | +53.7% |
| Deferred charges and accrued income | 490/1 | €9,867 | €842 | -€9,024 | -91.5% |
| Total equity and liabilities | 10/49 | €3,949,060 | €4,004,333 | +€55,272 | +1.4% |
| Equity | 10/15 | €56,044 | -€745 | -€56,789 | |
| Contributions | 10/11 | €117,603 | €117,603 | = | 0.0% |
| Reserves | 13 | €60,063 | €60,063 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,960 | €1,960 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,960 | €1,960 | = | 0.0% |
| Distributable reserves | 133 | €58,103 | €58,103 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€121,622 | -€178,411 | -€56,789 | -46.7% |
| Amounts payable | 17/49 | €3,893,016 | €4,005,077 | +€112,061 | +2.9% |
| Amounts payable after more than one year | 17 | €716,074 | €673,317 | -€42,757 | -6.0% |
| Financial debts | 170/4 | €716,074 | €673,317 | -€42,757 | -6.0% |
| Amounts payable within one year | 42/48 | €3,176,941 | €3,330,959 | +€154,018 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €42,114 | €42,757 | +€644 | +1.5% |
| Financial debts | 43 | €1,048,657 | €1,046,542 | -€2,115 | -0.2% |
| Credit institutions | 430/8 | €1,048,657 | €1,046,542 | -€2,115 | -0.2% |
| Trade debts | 44 | €9,277 | €10,478 | +€1,200 | +12.9% |
| Suppliers | 440/4 | €9,277 | €10,478 | +€1,200 | +12.9% |
| Other amounts payable | 47/48 | €2,076,893 | €2,231,182 | +€154,289 | +7.4% |
| Accrued charges and deferred income | 492/3 | - | €801 | +€801 | |
| Other operating charges | 640/8 | €18,435 | €11,416 | -€7,019 | -38.1% |
| Gross operating margin | 9900 | €39,437 | €18,636 | -€20,801 | -52.7% |
| Operating profit (loss) | 9901 | €21,002 | €7,220 | -€13,782 | -65.6% |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Financial charges | 65/66B | €103,817 | €64,009 | -€39,808 | -38.3% |
| Recurring financial charges | 65 | €103,817 | €64,009 | -€39,808 | -38.3% |
| Profit (loss) for the period before taxes | 9903 | -€82,815 | -€56,789 | +€26,026 | +31.4% |
| Profit (loss) for the period | 9904 | -€82,815 | -€56,789 | +€26,026 | +31.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€82,815 | -€56,789 | +€26,026 | +31.4% |
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 11 October 2026 via checked.be.