AGRACO: 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.
AGRACO
Largest movements
- Tangible fixed assets +€80,000
up €80,000 (+413%), from €19,380 to €99,380
of which Furniture and vehicles: +€83,685
- Receivables within one year +€3,214
up €3,214 (+23.5%), from €13,657 to €16,871
of which Trade receivables: +€3,959
- Debts after one year +€67,333
up €67,333 (+408%), from €16,500 to €83,833
of which Financial debts: +€67,333
- Trade debts +€9,174
up €9,174 (+235%), from €3,912 to €13,085
- Current portion of long-term debt +€8,000
new in 2025: €8,000
- Depreciation +€7,321
up €7,321 (+199%), from €3,686 to €11,006
- Gross operating margin +€3,859
up €3,859 (+37.6%), from €10,254 to €14,112
- Financial charges +€1,763
up €1,763 (+671%), from €263 to €2,026
- Taxes -€751
down €751 (-100%), from €751 to €0
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 | €76,348 | €160,526 | +€84,178 | +110% |
| Fixed assets | 21/28 | €19,380 | €99,380 | +€80,000 | +413% |
| Tangible fixed assets | 22/27 | €19,380 | €99,380 | +€80,000 | +413% |
| Plant, machinery and equipment | 23 | €19,380 | €15,695 | -€3,686 | -19.0% |
| Furniture and vehicles | 24 | - | €83,685 | +€83,685 | |
| Current assets | 29/58 | €56,968 | €61,146 | +€4,178 | +7.3% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €13,657 | €16,871 | +€3,214 | +23.5% |
| Trade receivables | 40 | €12,450 | €16,409 | +€3,959 | +31.8% |
| Other amounts receivable | 41 | €1,207 | €462 | -€745 | -61.7% |
| Cash at bank and in hand | 54/58 | €43,311 | €44,275 | +€964 | +2.2% |
| Total equity and liabilities | 10/49 | €76,348 | €160,526 | +€84,178 | +110% |
| Equity | 10/15 | €55,186 | €55,607 | +€422 | +0.8% |
| Contributions | 10/11 | €33,000 | €33,000 | = | 0.0% |
| Reserves | 13 | €22,186 | €22,607 | +€422 | +1.9% |
| Distributable reserves | 133 | €22,186 | €22,607 | +€422 | +1.9% |
| Amounts payable | 17/49 | €21,162 | €104,919 | +€83,756 | +396% |
| Amounts payable after more than one year | 17 | €16,500 | €83,833 | +€67,333 | +408% |
| Financial debts | 170/4 | - | €67,333 | +€67,333 | |
| Other amounts payable | 178/9 | €16,500 | €16,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,662 | €21,085 | +€16,423 | +352% |
| Current portion of amounts payable after more than one year | 42 | - | €8,000 | +€8,000 | |
| Trade debts | 44 | €3,912 | €13,085 | +€9,174 | +235% |
| Suppliers | 440/4 | €3,912 | €13,085 | +€9,174 | +235% |
| Taxes, remuneration and social security | 45 | €751 | €0 | -€751 | -100% |
| Taxes | 450/3 | €751 | €0 | -€751 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,686 | €11,006 | +€7,321 | +199% |
| Other operating charges | 640/8 | €651 | €727 | +€76 | +11.7% |
| Gross operating margin | 9900 | €10,254 | €14,112 | +€3,859 | +37.6% |
| Operating profit (loss) | 9901 | €5,917 | €2,379 | -€3,538 | -59.8% |
| Financial income | 75/76B | €118 | €69 | -€49 | -41.8% |
| Recurring financial income | 75 | €118 | €69 | -€49 | -41.8% |
| Financial charges | 65/66B | €263 | €2,026 | +€1,763 | +671% |
| Recurring financial charges | 65 | €263 | €2,026 | +€1,763 | +671% |
| Profit (loss) for the period before taxes | 9903 | €5,772 | €422 | -€5,351 | -92.7% |
| Income taxes | 67/77 | €751 | €0 | -€751 | -100% |
| Profit (loss) for the period | 9904 | €5,022 | €422 | -€4,600 | -91.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,022 | €422 | -€4,600 | -91.6% |
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 21 October 2026 via checked.be.