AGORATECH: 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.
AGORATECH
Largest movements
- Tangible fixed assets -€162,122
down €162,122 (-13.9%), from €1.2m to €1.0m
of which Plant, machinery and equipment: -€129,292
- Receivables within one year -€34,438
down €34,438 (-6.9%), from €500,476 to €466,038
of which Trade receivables: -€35,238
- Trade debts -€174,600
down €174,600 (-18.6%), from €939,638 to €765,039
- Debts after one year -€102,360
down €102,360 (-32.7%), from €313,174 to €210,814
- Profit (loss) carried forward +€88,281
up €88,281 (+89.0%), from -€99,219 to -€10,938
- Tax, wage and social debts +€27,348
up €27,348 (+111%), from €24,616 to €51,964
of which Remuneration and social security: +€15,903
- Gross operating margin +€475,997
up €475,997 (+281%), from €169,550 to €645,547
- Staff costs +€100,752
up €100,752 (+263%), from €38,346 to €139,097
- Depreciation +€43,598
up €43,598 (+13.5%), from €323,291 to €366,889
- Financial charges +€20,453
up €20,453 (+105%), from €19,406 to €39,858
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 | €1,679,198 | €1,491,862 | -€187,336 | -11.2% |
| Fixed assets | 21/28 | €1,165,432 | €1,003,310 | -€162,122 | -13.9% |
| Tangible fixed assets | 22/27 | €1,165,432 | €1,003,310 | -€162,122 | -13.9% |
| Plant, machinery and equipment | 23 | €1,005,805 | €876,513 | -€129,292 | -12.9% |
| Furniture and vehicles | 24 | €111,409 | €81,721 | -€29,688 | -26.6% |
| Other tangible fixed assets | 26 | €48,218 | €45,076 | -€3,142 | -6.5% |
| Current assets | 29/58 | €513,766 | €488,552 | -€25,214 | -4.9% |
| Amounts receivable within one year | 40/41 | €500,476 | €466,038 | -€34,438 | -6.9% |
| Trade receivables | 40 | €500,356 | €465,118 | -€35,238 | -7.0% |
| Other amounts receivable | 41 | €120 | €920 | +€800 | +667% |
| Cash at bank and in hand | 54/58 | €13,289 | €18,554 | +€5,264 | +39.6% |
| Deferred charges and accrued income | 490/1 | - | €3,960 | +€3,960 | |
| Total equity and liabilities | 10/49 | €1,679,198 | €1,491,862 | -€187,336 | -11.2% |
| Equity | 10/15 | €19,381 | €107,662 | +€88,281 | +456% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,219 | -€10,938 | +€88,281 | +89.0% |
| Amounts payable | 17/49 | €1,659,817 | €1,384,200 | -€275,617 | -16.6% |
| Amounts payable after more than one year | 17 | €313,174 | €210,814 | -€102,360 | -32.7% |
| Financial debts | 170/4 | €313,174 | €210,814 | -€102,360 | -32.7% |
| Amounts payable within one year | 42/48 | €1,334,405 | €1,173,386 | -€161,019 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €108,699 | €108,326 | -€373 | -0.3% |
| Trade debts | 44 | €939,638 | €765,039 | -€174,600 | -18.6% |
| Suppliers | 440/4 | €939,638 | €765,039 | -€174,600 | -18.6% |
| Taxes, remuneration and social security | 45 | €24,616 | €51,964 | +€27,348 | +111% |
| Taxes | 450/3 | €15,742 | €27,187 | +€11,445 | +72.7% |
| Remuneration and social security | 454/9 | €8,874 | €24,777 | +€15,903 | +179% |
| Other amounts payable | 47/48 | €261,451 | €248,057 | -€13,394 | -5.1% |
| Accrued charges and deferred income | 492/3 | €12,238 | - | -€12,238 | |
| Non-recurring operating income | 76A | €47,371 | €57,182 | +€9,812 | +20.7% |
| Remuneration, social security and pensions | 62 | €38,346 | €139,097 | +€100,752 | +263% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €323,291 | €366,889 | +€43,598 | +13.5% |
| Other operating charges | 640/8 | €1,060 | €5,976 | +€4,916 | +464% |
| Non-recurring operating charges | 66A | - | €11,372 | +€11,372 | |
| Gross operating margin | 9900 | €169,550 | €645,547 | +€475,997 | +281% |
| Operating profit (loss) | 9901 | -€193,146 | €122,213 | +€315,359 | |
| Financial income | 75/76B | €1,087 | €5,927 | +€4,840 | +445% |
| Recurring financial income | 75 | €1,087 | €5,927 | +€4,840 | +445% |
| Financial charges | 65/66B | €19,406 | €39,858 | +€20,453 | +105% |
| Recurring financial charges | 65 | €19,406 | €39,858 | +€20,453 | +105% |
| Profit (loss) for the period before taxes | 9903 | -€211,465 | €88,281 | +€299,746 | |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€211,465 | €88,281 | +€299,746 | |
| Profit (loss) for the period to be appropriated | 9905 | -€211,465 | €88,281 | +€299,746 |
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 21 October 2026 via checked.be.