Agrer: 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.
What changed
Agrer
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€820,192
2024 · €823,669-€3,477
Equity
€3.8m
2024 · €3.7m+€15,392
Cash
€1.4m
2024 · €1.9m-€475,582
Balance sheet total
€12.6m
2024 · €12.2m+€366,068
Largest movements
Assets
- Current investments +€601,833
up €601,833 (+11.7%), from €5.2m to €5.8m
of which Other investments: +€601,833
- Receivables within one year +€540,137
up €540,137 (+11.5%), from €4.7m to €5.3m
of which Trade receivables: +€319,754
- Cash -€475,582
down €475,582 (-25.2%), from €1.9m to €1.4m
mainly Contributions, distributions and other (-€804,800) and Current investments (-€601,833)
- Stocks and contracts -€183,044
down €183,044 (-84.2%), from €217,366 to €34,322
- Deferred charges and accrued income -€131,794
down €131,794 (-57.4%), from €229,545 to €97,751
Equity and liabilities
- Advances received -€512,057
down €512,057 (-15.6%), from €3.3m to €2.8m
- Debts after one year +€425,324
up €425,324 (+27.7%), from €1.5m to €2.0m
- Trade debts +€333,359
up €333,359 (+10.8%), from €3.1m to €3.4m
- Provisions +€131,318
up €131,318 (+65.7%), from €200,000 to €331,318
Income statement
- Services and other goods +€1.1m
up €1.1m (+27.2%), from €4.2m to €5.4m
- Other operating income +€370,235
up €370,235 (+68.0%), from €544,241 to €914,477
- Goods and materials -€310,944
down €310,944 (-79.3%), from €392,345 to €81,401
- Taxes -€191,920
down €191,920 (-51.8%), from €370,823 to €178,903
of which Taxes: -€124,690
- Provisions +€131,318
new in 2025: €131,318
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
€823,669
Turnover
+€62,788
Other operating income
+€370,235
Goods and materials
+€310,944
Services and other goods
-€1.1m
Staff costs
-€35,631
Depreciation
+€1,230
Write-downs
-€103,595
Provisions
-€131,318
Other operating charges
-€97,279
Other operating items
+€690,858
Financial income
-€63,476
Financial charges
-€53,732
Taxes
+€191,920
Result 2025
€820,192
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.
From operations
+€572,418
Investment
-€633,493
Financing
-€414,507
Cash 2024
€1.9m
From operations (derived)
+€572,418
Net result for the year
+€820,192
Depreciation
+€17,143
Stocks and contracts
+€183,044
Receivables within one year
-€540,137
Deferred charges and accrued income
+€131,794
Provisions
+€131,318
Trade debts
+€333,359
Tax, wage and social debts
+€7,763
Advances received
-€512,057
Investment (derived)
-€633,493
Investment in fixed assets (net)
-€31,660
Current investments
-€601,833
Financing
-€414,507
Debts after one year
+€425,324
Short-term financial debts
-€35,031
Contributions, distributions and other
-€804,800
Cash 2025
€1.4m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,230,476 | €12,596,544 | +€366,068 | +3.0% |
| Fixed assets | 21/28 | €29,838 | €44,355 | +€14,517 | +48.7% |
| Tangible fixed assets | 22/27 | €29,838 | €44,355 | +€14,517 | +48.7% |
| Furniture and vehicles | 24 | €29,838 | €44,355 | +€14,517 | +48.7% |
| Current assets | 29/58 | €12,200,638 | €12,552,188 | +€351,551 | +2.9% |
| Stocks and contracts in progress | 3 | €217,366 | €34,322 | -€183,044 | -84.2% |
| Contracts in progress | 37 | €217,366 | €34,322 | -€183,044 | -84.2% |
| Amounts receivable within one year | 40/41 | €4,716,167 | €5,256,304 | +€540,137 | +11.5% |
| Trade receivables | 40 | €3,842,385 | €4,162,140 | +€319,754 | +8.3% |
| Other amounts receivable | 41 | €873,782 | €1,094,165 | +€220,383 | +25.2% |
| Current investments | 50/53 | €5,151,794 | €5,753,627 | +€601,833 | +11.7% |
| Own shares | 50 | €139,741 | €139,741 | = | 0.0% |
| Other investments | 51/53 | €5,012,053 | €5,613,886 | +€601,833 | +12.0% |
| Cash at bank and in hand | 54/58 | €1,885,765 | €1,410,184 | -€475,582 | -25.2% |
| Deferred charges and accrued income | 490/1 | €229,545 | €97,751 | -€131,794 | -57.4% |
| Total equity and liabilities | 10/49 | €12,230,476 | €12,596,544 | +€366,068 | +3.0% |
| Equity | 10/15 | €3,744,547 | €3,759,939 | +€15,392 | +0.4% |
| Contributions | 10/11 | €966,456 | €966,456 | = | 0.0% |
| Capital | 10 | €966,456 | €966,456 | = | 0.0% |
| Issued capital | 100 | €966,456 | €966,456 | = | 0.0% |
| Reserves | 13 | €236,387 | €236,387 | = | 0.0% |
| Non-distributable reserves | 130/1 | €236,387 | €236,387 | = | 0.0% |
| Legal reserve | 130 | €96,646 | €96,646 | = | 0.0% |
| Own shares acquired | 1312 | €139,742 | €139,742 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,541,704 | €2,557,096 | +€15,392 | +0.6% |
| Provisions and deferred taxes | 16 | €200,000 | €331,318 | +€131,318 | +65.7% |
| Provisions for liabilities and charges | 160/5 | €200,000 | €331,318 | +€131,318 | +65.7% |
| Other liabilities and charges | 164/5 | €200,000 | €331,318 | +€131,318 | +65.7% |
| Amounts payable | 17/49 | €8,285,929 | €8,505,287 | +€219,358 | +2.6% |
| Amounts payable after more than one year | 17 | €1,537,326 | €1,962,649 | +€425,324 | +27.7% |
| Advances received on contracts in progress | 176 | €1,537,326 | €1,962,649 | +€425,324 | +27.7% |
| Amounts payable within one year | 42/48 | €6,748,603 | €6,542,637 | -€205,966 | -3.1% |
| Financial debts | 43 | €41,193 | €6,162 | -€35,031 | -85.0% |
| Credit institutions | 430/8 | €41,193 | €6,162 | -€35,031 | -85.0% |
| Trade debts | 44 | €3,073,047 | €3,406,405 | +€333,359 | +10.8% |
| Suppliers | 440/4 | €3,073,047 | €3,406,405 | +€333,359 | +10.8% |
| Advances received on contracts in progress | 46 | €3,287,187 | €2,775,130 | -€512,057 | -15.6% |
| Taxes, remuneration and social security | 45 | €347,176 | €354,939 | +€7,763 | +2.2% |
| Taxes | 450/3 | €41,859 | €39,087 | -€2,772 | -6.6% |
| Remuneration and social security | 454/9 | €305,318 | €315,853 | +€10,535 | +3.5% |
| Operating income | 70/76A | €7,492,726 | €8,613,339 | +€1.1m | +15.0% |
| Turnover | 70 | €6,996,465 | €7,059,253 | +€62,788 | +0.9% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€47,980 | €639,609 | +€687,589 | |
| Other operating income | 74 | €544,241 | €914,477 | +€370,235 | +68.0% |
| Operating charges | 60/66A | €6,413,705 | €7,612,508 | +€1.2m | +18.7% |
| Goods for resale, raw materials and consumables | 60 | €392,345 | €81,401 | -€310,944 | -79.3% |
| Purchases | 600/8 | €392,345 | €81,401 | -€310,944 | -79.3% |
| Services and other goods | 61 | €4,214,861 | €5,361,282 | +€1.1m | +27.2% |
| Remuneration, social security and pensions | 62 | €1,258,781 | €1,294,411 | +€35,631 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,373 | €17,143 | -€1,230 | -6.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €103,595 | +€103,595 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €131,318 | +€131,318 | |
| Other operating charges | 640/8 | €526,078 | €623,357 | +€97,279 | +18.5% |
| Non-recurring operating charges | 66A | €3,268 | - | -€3,268 | |
| Operating profit (loss) | 9901 | €1,079,021 | €1,000,832 | -€78,189 | -7.2% |
| Financial income | 75/76B | €163,295 | €99,819 | -€63,476 | -38.9% |
| Recurring financial income | 75 | €163,295 | €99,819 | -€63,476 | -38.9% |
| Income from current assets | 751 | €116,060 | €96,222 | -€19,838 | -17.1% |
| Other financial income | 752/9 | €47,235 | €3,597 | -€43,638 | -92.4% |
| Financial charges | 65/66B | €47,824 | €101,556 | +€53,732 | +112.4% |
| Recurring financial charges | 65 | €47,824 | €101,556 | +€53,732 | +112.4% |
| Other financial charges | 652/9 | €47,824 | €101,556 | +€53,732 | +112.4% |
| Profit (loss) for the period before taxes | 9903 | €1,194,492 | €999,095 | -€195,397 | -16.4% |
| Income taxes | 67/77 | €370,823 | €178,903 | -€191,920 | -51.8% |
| Taxes | 670/3 | €370,823 | €246,133 | -€124,690 | -33.6% |
| Tax adjustments and reversals of tax provisions | 77 | - | €67,229 | +€67,229 | |
| Profit (loss) for the period | 9904 | €823,669 | €820,192 | -€3,477 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €823,669 | €820,192 | -€3,477 | -0.4% |
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 30 September 2026 via checked.be.