Agrélia IM: 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.
Agrélia IM
Largest movements
- Tangible fixed assets -€36,483
down €36,483 (-25.2%), from €144,928 to €108,445
of which Land and buildings: -€20,752
- Cash +€19,074
up €19,074 (+81.8%), from €23,326 to €42,400
mainly Depreciation (+€36,483)
- Profit (loss) carried forward -€17,245
down €17,245 (-12.0%), from -€143,202 to -€160,447
- Gross operating margin -€6,109
down €6,109 (-22.3%), from €27,408 to €21,299
- Other operating charges -€615
down €615 (-24.6%), from €2,503 to €1,888
- Depreciation -€317
down €317 (-0.9%), from €36,799 to €36,483
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 | €185,959 | €168,557 | -€17,402 | -9.4% |
| Fixed assets | 21/28 | €144,928 | €108,445 | -€36,483 | -25.2% |
| Tangible fixed assets | 22/27 | €144,928 | €108,445 | -€36,483 | -25.2% |
| Land and buildings | 22 | €108,602 | €87,850 | -€20,752 | -19.1% |
| Furniture and vehicles | 24 | €236 | - | -€236 | |
| Other tangible fixed assets | 26 | €36,089 | €20,595 | -€15,494 | -42.9% |
| Current assets | 29/58 | €41,031 | €60,112 | +€19,081 | +46.5% |
| Amounts receivable within one year | 40/41 | €16,823 | €16,823 | = | 0.0% |
| Trade receivables | 40 | €16,823 | €16,823 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €23,326 | €42,400 | +€19,074 | +81.8% |
| Deferred charges and accrued income | 490/1 | €882 | €889 | +€7 | +0.8% |
| Total equity and liabilities | 10/49 | €185,959 | €168,557 | -€17,402 | -9.4% |
| Equity | 10/15 | €185,802 | €168,557 | -€17,245 | -9.3% |
| Contributions | 10/11 | €270,592 | €270,592 | = | 0.0% |
| Reserves | 13 | €58,412 | €58,412 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,912 | €2,912 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,912 | €2,912 | = | 0.0% |
| Distributable reserves | 133 | €55,500 | €55,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€143,202 | -€160,447 | -€17,245 | -12.0% |
| Amounts payable | 17/49 | €156 | - | -€156 | |
| Amounts payable within one year | 42/48 | €156 | - | -€156 | |
| Trade debts | 44 | €156 | - | -€156 | |
| Suppliers | 440/4 | €156 | - | -€156 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,799 | €36,483 | -€317 | -0.9% |
| Other operating charges | 640/8 | €2,503 | €1,888 | -€615 | -24.6% |
| Gross operating margin | 9900 | €27,408 | €21,299 | -€6,109 | -22.3% |
| Operating profit (loss) | 9901 | -€11,895 | -€17,072 | -€5,177 | -43.5% |
| Financial charges | 65/66B | €153 | €173 | +€20 | +13.0% |
| Recurring financial charges | 65 | €153 | €173 | +€20 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,048 | -€17,245 | -€5,197 | -43.1% |
| Profit (loss) for the period | 9904 | -€12,048 | -€17,245 | -€5,197 | -43.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,048 | -€17,245 | -€5,197 | -43.1% |
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 22 October 2026 via checked.be.