AGREVA: 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.
AGREVA
Largest movements
- Receivables within one year +€52,144
up €52,144 (+25.7%), from €203,201 to €255,344
of which Trade receivables: +€71,249
- Tangible fixed assets -€46,813
down €46,813 (-4.7%), from €995,172 to €948,359
- Debts after one year -€138,667
down €138,667 (-22.7%), from €610,333 to €471,667
- Reserves +€128,584
up €128,584 (+26.0%), from €495,155 to €623,739
- Tax, wage and social debts +€45,139
up €45,139 (+45.5%), from €99,105 to €144,243
of which Taxes: +€58,972
- Current portion of long-term debt -€23,000
down €23,000 (-33.0%), from €69,667 to €46,667
- Depreciation -€63,296
down €63,296 (-51.2%), from €123,605 to €60,309
- Taxes +€55,916
up €55,916 (+268%), from €20,895 to €76,811
- Gross operating margin +€50,986
up €50,986 (+10.6%), from €480,792 to €531,778
- Staff costs -€22,172
down €22,172 (-10.2%), from €217,617 to €195,446
- Financial charges +€12,781
up €12,781 (+449%), from €2,847 to €15,628
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 | €1,371,834 | €1,388,738 | +€16,903 | +1.2% |
| Fixed assets | 21/28 | €1,001,292 | €954,479 | -€46,813 | -4.7% |
| Tangible fixed assets | 22/27 | €995,172 | €948,359 | -€46,813 | -4.7% |
| Land and buildings | 22 | €829,722 | €820,818 | -€8,904 | -1.1% |
| Plant, machinery and equipment | 23 | €4,034 | €2,885 | -€1,149 | -28.5% |
| Furniture and vehicles | 24 | €111,961 | €88,855 | -€23,106 | -20.6% |
| Other tangible fixed assets | 26 | €49,455 | €35,801 | -€13,655 | -27.6% |
| Financial fixed assets | 28 | €6,120 | €6,120 | = | 0.0% |
| Current assets | 29/58 | €370,542 | €434,259 | +€63,716 | +17.2% |
| Amounts receivable within one year | 40/41 | €203,201 | €255,344 | +€52,144 | +25.7% |
| Trade receivables | 40 | €169,096 | €240,344 | +€71,249 | +42.1% |
| Other amounts receivable | 41 | €34,105 | €15,000 | -€19,105 | -56.0% |
| Cash at bank and in hand | 54/58 | €166,169 | €171,393 | +€5,223 | +3.1% |
| Deferred charges and accrued income | 490/1 | €1,172 | €7,522 | +€6,349 | +542% |
| Total equity and liabilities | 10/49 | €1,371,834 | €1,388,738 | +€16,903 | +1.2% |
| Equity | 10/15 | €525,155 | €653,739 | +€128,584 | +24.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €495,155 | €623,739 | +€128,584 | +26.0% |
| Distributable reserves | 133 | €495,155 | €623,739 | +€128,584 | +26.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €846,679 | €734,999 | -€111,680 | -13.2% |
| Amounts payable after more than one year | 17 | €610,333 | €471,667 | -€138,667 | -22.7% |
| Financial debts | 170/4 | €610,333 | €471,667 | -€138,667 | -22.7% |
| Amounts payable within one year | 42/48 | €236,346 | €263,332 | +€26,986 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €69,667 | €46,667 | -€23,000 | -33.0% |
| Trade debts | 44 | €16,858 | €17,928 | +€1,071 | +6.4% |
| Suppliers | 440/4 | €16,858 | €17,928 | +€1,071 | +6.4% |
| Taxes, remuneration and social security | 45 | €99,105 | €144,243 | +€45,139 | +45.5% |
| Taxes | 450/3 | €66,133 | €125,105 | +€58,972 | +89.2% |
| Remuneration and social security | 454/9 | €32,972 | €19,139 | -€13,833 | -42.0% |
| Other amounts payable | 47/48 | €50,717 | €54,494 | +€3,777 | +7.4% |
| Remuneration, social security and pensions | 62 | €217,617 | €195,446 | -€22,172 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123,605 | €60,309 | -€63,296 | -51.2% |
| Other operating charges | 640/8 | €10,158 | €5,669 | -€4,489 | -44.2% |
| Gross operating margin | 9900 | €480,792 | €531,778 | +€50,986 | +10.6% |
| Operating profit (loss) | 9901 | €129,412 | €270,354 | +€140,942 | +109% |
| Financial income | 75/76B | €1,182 | €669 | -€513 | -43.4% |
| Recurring financial income | 75 | €1,182 | €669 | -€513 | -43.4% |
| Financial charges | 65/66B | €2,847 | €15,628 | +€12,781 | +449% |
| Recurring financial charges | 65 | €2,847 | €15,628 | +€12,781 | +449% |
| Profit (loss) for the period before taxes | 9903 | €127,747 | €255,395 | +€127,648 | +99.9% |
| Income taxes | 67/77 | €20,895 | €76,811 | +€55,916 | +268% |
| Profit (loss) for the period | 9904 | €106,852 | €178,584 | +€71,731 | +67.1% |
| Profit (loss) for the period to be appropriated | 9905 | €106,852 | €178,584 | +€71,731 | +67.1% |
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 18 October 2026 via checked.be.