AGREASSUR: 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.
AGREASSUR
Largest movements
- Cash +€49,429
up €49,429 (+331%), from €14,948 to €64,378
mainly Net result for the year (+€29,039) and Tax, wage and social debts (+€23,237)
- Financial fixed assets -€22,000
down €22,000 (-10.1%), from €218,802 to €196,802
- Tangible fixed assets -€7,691
down €7,691 (-6.8%), from €112,847 to €105,156
of which Land and buildings: -€7,624
- Debts after one year -€23,880
down €23,880 (-39.9%), from €59,793 to €35,913
- Tax, wage and social debts +€23,237
up €23,237 (+171%), from €13,614 to €36,851
of which Remuneration and social security: +€15,941
- Profit (loss) carried forward +€20,468
up €20,468 (+22.2%), from €92,224 to €112,692
- Turnover -€47,373
down €47,373 (-13.3%), from €355,411 to €308,038
- Gross operating margin +€17,333
up €17,333 (+11.3%), from €153,491 to €170,823
- Staff costs +€13,845
up €13,845 (+14.2%), from €97,265 to €111,110
- Purchases and services +€9,963
up €9,963 (+4.9%), from €201,920 to €211,883
- Depreciation -€8,198
down €8,198 (-46.9%), from €17,468 to €9,270
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 | €353,447 | €375,306 | +€21,859 | +6.2% |
| Fixed assets | 21/28 | €331,649 | €301,958 | -€29,691 | -9.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €112,847 | €105,156 | -€7,691 | -6.8% |
| Land and buildings | 22 | €105,285 | €97,661 | -€7,624 | -7.2% |
| Furniture and vehicles | 24 | €7,562 | €7,495 | -€67 | -0.9% |
| Financial fixed assets | 28 | €218,802 | €196,802 | -€22,000 | -10.1% |
| Current assets | 29/58 | €21,798 | €73,348 | +€51,550 | +236% |
| Amounts receivable within one year | 40/41 | €6,849 | €8,970 | +€2,120 | +31.0% |
| Trade receivables | 40 | €6,849 | €8,970 | +€2,120 | +31.0% |
| Cash at bank and in hand | 54/58 | €14,948 | €64,378 | +€49,429 | +331% |
| Total equity and liabilities | 10/49 | €353,447 | €375,306 | +€21,859 | +6.2% |
| Equity | 10/15 | €122,384 | €142,852 | +€20,468 | +16.7% |
| Contributions | 10/11 | €18,300 | €18,300 | = | 0.0% |
| Capital | 10 | €18,300 | - | -€18,300 | |
| Issued capital | 100 | €18,300 | - | -€18,300 | |
| Reserves | 13 | €11,860 | €11,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €10,000 | €11,860 | +€1,860 | +18.6% |
| Profit (loss) carried forward | 14 | €92,224 | €112,692 | +€20,468 | +22.2% |
| Provisions and deferred taxes | 16 | €83,966 | €83,966 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €83,966 | €83,966 | = | 0.0% |
| Pensions and similar obligations | 160 | €8,000 | €8,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €75,966 | €75,966 | = | 0.0% |
| Amounts payable | 17/49 | €147,097 | €148,488 | +€1,391 | +0.9% |
| Amounts payable after more than one year | 17 | €59,793 | €35,913 | -€23,880 | -39.9% |
| Financial debts | 170/4 | €59,793 | €35,913 | -€23,880 | -39.9% |
| Amounts payable within one year | 42/48 | €87,304 | €112,575 | +€25,271 | +28.9% |
| Current portion of amounts payable after more than one year | 42 | €24,982 | €23,193 | -€1,790 | -7.2% |
| Trade debts | 44 | €34,537 | €36,630 | +€2,094 | +6.1% |
| Suppliers | 440/4 | €34,537 | €36,630 | +€2,094 | +6.1% |
| Taxes, remuneration and social security | 45 | €13,614 | €36,851 | +€23,237 | +171% |
| Taxes | 450/3 | €12,225 | €19,520 | +€7,296 | +59.7% |
| Remuneration and social security | 454/9 | €1,389 | €17,330 | +€15,941 | +1,147% |
| Other amounts payable | 47/48 | €14,172 | €15,902 | +€1,730 | +12.2% |
| Turnover | 70 | €355,411 | €308,038 | -€47,373 | -13.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €201,920 | €211,883 | +€9,963 | +4.9% |
| Remuneration, social security and pensions | 62 | €97,265 | €111,110 | +€13,845 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,468 | €9,270 | -€8,198 | -46.9% |
| Other operating charges | 640/8 | €2,518 | €2,616 | +€98 | +3.9% |
| Gross operating margin | 9900 | €153,491 | €170,823 | +€17,333 | +11.3% |
| Operating profit (loss) | 9901 | €36,240 | €47,828 | +€11,587 | +32.0% |
| Financial income | 75/76B | €63 | €39 | -€25 | -38.9% |
| Recurring financial income | 75 | €63 | €39 | -€25 | -38.9% |
| Financial charges | 65/66B | €4,596 | €3,829 | -€766 | -16.7% |
| Recurring financial charges | 65 | €4,596 | €3,829 | -€766 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €31,708 | €44,037 | +€12,329 | +38.9% |
| Income taxes | 67/77 | €10,565 | €14,998 | +€4,433 | +42.0% |
| Profit (loss) for the period | 9904 | €21,143 | €29,039 | +€7,897 | +37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,143 | €29,039 | +€7,897 | +37.3% |
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 26 October 2026 via checked.be.