AGRAVINO: 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.
What changed
AGRAVINO
NACE 11.020, Manufacture of beverages
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€14,081
2024 · -€20,279+€6,198
Equity
€183,716
2024 · €197,797-€14,081
Cash
€29,740
2024 · €30,971-€1,231
Balance sheet total
€1.9m
2024 · €1.7m+€202,769
Largest movements
Assets
- Receivables within one year +€214,545
up €214,545 (+18.3%), from €1.2m to €1.4m
of which Other amounts receivable: +€197,583
Equity and liabilities
- Other debts +€239,686
up €239,686 (+17.0%), from €1.4m to €1.6m
Income statement
- Gross operating margin +€20,189
up €20,189 (+15.9%), from €126,790 to €146,979
- Staff costs +€8,295
up €8,295 (+10.5%), from €78,715 to €87,010
- Depreciation +€6,525
up €6,525 (+12.5%), from €52,384 to €58,909
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.
Result 2024
-€20,279
Gross operating margin
+€20,189
Staff costs
-€8,295
Depreciation
-€6,525
Other operating charges
-€191
Other operating items
+€1,044
Financial charges
-€389
Taxes
+€365
Result 2025
-€14,081
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€40,566
Investment
-€41,797
Financing
€0
Cash 2024
€30,971
From operations (derived)
+€40,566
Net result for the year
-€14,081
Depreciation
+€58,909
Receivables after one year
+€1,380
Stocks and contracts
-€11,160
Receivables within one year
-€214,545
Deferred charges and accrued income
+€3,213
Trade debts
-€15,816
Tax, wage and social debts
-€5,163
Other debts
+€239,686
Accrued charges and deferred income
-€1,857
Investment (derived)
-€41,797
Investment in fixed assets (net)
-€41,797
Cash 2025
€29,740
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,674,066 | €1,876,835 | +€202,769 | +12.1% |
| Fixed assets | 21/28 | €426,033 | €408,921 | -€17,112 | -4.0% |
| Intangible fixed assets | 21 | €179,576 | €169,102 | -€10,474 | -5.8% |
| Tangible fixed assets | 22/27 | €246,457 | €239,819 | -€6,638 | -2.7% |
| Plant, machinery and equipment | 23 | €148,936 | €139,251 | -€9,685 | -6.5% |
| Other tangible fixed assets | 26 | €97,521 | €100,568 | +€3,047 | +3.1% |
| Current assets | 29/58 | €1,248,033 | €1,467,914 | +€219,881 | +17.6% |
| Amounts receivable after more than one year | 29 | €23,452 | €22,072 | -€1,380 | -5.9% |
| Other amounts receivable | 291 | €23,452 | €22,072 | -€1,380 | -5.9% |
| Stocks and contracts in progress | 3 | €7,866 | €19,026 | +€11,160 | +142% |
| Stocks | 30/36 | €7,866 | €19,026 | +€11,160 | +142% |
| Amounts receivable within one year | 40/41 | €1,175,086 | €1,389,631 | +€214,545 | +18.3% |
| Trade receivables | 40 | €5,188 | €22,150 | +€16,962 | +327% |
| Other amounts receivable | 41 | €1,169,898 | €1,367,481 | +€197,583 | +16.9% |
| Current investments | 50/53 | €62 | €62 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €30,971 | €29,740 | -€1,231 | -4.0% |
| Deferred charges and accrued income | 490/1 | €10,596 | €7,383 | -€3,213 | -30.3% |
| Total equity and liabilities | 10/49 | €1,674,066 | €1,876,835 | +€202,769 | +12.1% |
| Equity | 10/15 | €197,797 | €183,716 | -€14,081 | -7.1% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €7,600 | €7,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,600 | €7,600 | = | 0.0% |
| Legal reserve | 130 | €7,600 | €7,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,803 | -€23,884 | -€14,081 | -144% |
| Amounts payable | 17/49 | €1,476,269 | €1,693,119 | +€216,850 | +14.7% |
| Amounts payable within one year | 42/48 | €1,474,412 | €1,693,119 | +€218,707 | +14.8% |
| Trade debts | 44 | €30,412 | €14,596 | -€15,816 | -52.0% |
| Suppliers | 440/4 | €30,412 | €14,596 | -€15,816 | -52.0% |
| Taxes, remuneration and social security | 45 | €33,827 | €28,664 | -€5,163 | -15.3% |
| Taxes | 450/3 | €28,019 | €20,403 | -€7,616 | -27.2% |
| Remuneration and social security | 454/9 | €5,808 | €8,261 | +€2,453 | +42.2% |
| Other amounts payable | 47/48 | €1,410,173 | €1,649,859 | +€239,686 | +17.0% |
| Accrued charges and deferred income | 492/3 | €1,857 | - | -€1,857 | |
| Non-recurring operating income | 76A | - | €11 | +€11 | |
| Remuneration, social security and pensions | 62 | €78,715 | €87,010 | +€8,295 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,384 | €58,909 | +€6,525 | +12.5% |
| Other operating charges | 640/8 | €1,596 | €1,787 | +€191 | +12.0% |
| Non-recurring operating charges | 66A | €1,044 | - | -€1,044 | |
| Gross operating margin | 9900 | €126,790 | €146,979 | +€20,189 | +15.9% |
| Operating profit (loss) | 9901 | -€6,949 | -€727 | +€6,222 | +89.5% |
| Financial charges | 65/66B | €12,965 | €13,354 | +€389 | +3.0% |
| Recurring financial charges | 65 | €11,320 | €13,354 | +€2,034 | +18.0% |
| Non-recurring financial charges | 66B | €1,645 | - | -€1,645 | |
| Profit (loss) for the period before taxes | 9903 | -€19,914 | -€14,081 | +€5,833 | +29.3% |
| Income taxes | 67/77 | €365 | - | -€365 | |
| Profit (loss) for the period | 9904 | -€20,279 | -€14,081 | +€6,198 | +30.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,279 | -€14,081 | +€6,198 | +30.6% |
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 27 October 2026 via checked.be.