AGRENCO: what changed
Two fiscal 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.
AGRENCO
Largest movements
- Receivables within one year +€23,852
up €23,852 (+51.6%), from €46,219 to €70,071
of which Trade receivables: +€21,045
- Cash -€12,397
down €12,397 (-14.2%), from €87,335 to €74,938
mainly Contributions, distributions and other (-€32,500) and Receivables within one year (-€23,852)
- Tangible fixed assets -€6,272
down €6,272 (-58.7%), from €10,687 to €4,416
of which Furniture and vehicles: -€6,908
- Other debts +€20,000
new in 2025: €20,000
- Reserves -€12,500
down €12,500 (-13.1%), from €95,360 to €82,860
- Tax, wage and social debts -€3,666
down €3,666 (-43.1%), from €8,499 to €4,833
- Profit (loss) carried forward +€2,783
up €2,783 (+10.8%), from €25,870 to €28,652
- Gross operating margin +€3,528
up €3,528 (+8.9%), from €39,792 to €43,320
- Taxes +€1,285
up €1,285 (+15.0%), from €8,548 to €9,833
- Depreciation -€461
down €461 (-4.6%), from €9,953 to €9,492
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.
Cash bridge derived
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 | €146,091 | €151,414 | +€5,323 | +3.6% |
| Fixed assets | 21/28 | €10,726 | €4,454 | -€6,272 | -58.5% |
| Tangible fixed assets | 22/27 | €10,687 | €4,416 | -€6,272 | -58.7% |
| Plant, machinery and equipment | 23 | - | €636 | +€636 | |
| Furniture and vehicles | 24 | €10,687 | €3,779 | -€6,908 | -64.6% |
| Financial fixed assets | 28 | €38 | €38 | = | 0.0% |
| Current assets | 29/58 | €135,366 | €146,960 | +€11,594 | +8.6% |
| Amounts receivable within one year | 40/41 | €46,219 | €70,071 | +€23,852 | +51.6% |
| Trade receivables | 40 | €8,419 | €29,464 | +€21,045 | +250.0% |
| Other amounts receivable | 41 | €37,801 | €40,607 | +€2,806 | +7.4% |
| Cash at bank and in hand | 54/58 | €87,335 | €74,938 | -€12,397 | -14.2% |
| Deferred charges and accrued income | 490/1 | €1,811 | €1,951 | +€140 | +7.7% |
| Total equity and liabilities | 10/49 | €146,091 | €151,414 | +€5,323 | +3.6% |
| Equity | 10/15 | €133,630 | €123,912 | -€9,717 | -7.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €95,360 | €82,860 | -€12,500 | -13.1% |
| Distributable reserves | 133 | €95,360 | €82,860 | -€12,500 | -13.1% |
| Profit (loss) carried forward | 14 | €25,870 | €28,652 | +€2,783 | +10.8% |
| Amounts payable | 17/49 | €12,462 | €27,501 | +€15,040 | +120.7% |
| Amounts payable within one year | 42/48 | €12,462 | €27,476 | +€15,014 | +120.5% |
| Trade debts | 44 | €3,962 | €2,643 | -€1,320 | -33.3% |
| Suppliers | 440/4 | €3,962 | €2,643 | -€1,320 | -33.3% |
| Taxes, remuneration and social security | 45 | €8,499 | €4,833 | -€3,666 | -43.1% |
| Taxes | 450/3 | €8,499 | €4,833 | -€3,666 | -43.1% |
| Other amounts payable | 47/48 | - | €20,000 | +€20,000 | |
| Accrued charges and deferred income | 492/3 | - | €26 | +€26 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,953 | €9,492 | -€461 | -4.6% |
| Other operating charges | 640/8 | €1,037 | €1,140 | +€102 | +9.9% |
| Gross operating margin | 9900 | €39,792 | €43,320 | +€3,528 | +8.9% |
| Operating profit (loss) | 9901 | €28,801 | €32,688 | +€3,887 | +13.5% |
| Financial charges | 65/66B | €117 | €72 | -€45 | -38.7% |
| Recurring financial charges | 65 | €117 | €72 | -€45 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €28,684 | €32,616 | +€3,932 | +13.7% |
| Income taxes | 67/77 | €8,548 | €9,833 | +€1,285 | +15.0% |
| Profit (loss) for the period | 9904 | €20,136 | €22,783 | +€2,647 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,136 | €22,783 | +€2,647 | +13.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.