AGROGAS: 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.
AGROGAS
Largest movements
- Receivables within one year +€2.9m
up €2.9m (+59.0%), from €4.9m to €7.8m
of which Trade receivables: +€2.9m
- Cash -€214,169
down €214,169 (-50.2%), from €426,970 to €212,801
mainly Receivables within one year (-€2.9m) and Investment in fixed assets (net) (-€114,646)
- Tangible fixed assets -€100,843
down €100,843 (-5.8%), from €1.7m to €1.6m
of which Plant, machinery and equipment: -€56,992
- Reserves +€1.2m
up €1.2m (+28.5%), from €4.3m to €5.5m
of which Distributable reserves: +€1.2m
- Short-term financial debts +€750,000
new in 2025: €750,000
- Debts after one year +€305,054
up €305,054 (+32.4%), from €940,541 to €1.2m
- Tax, wage and social debts +€286,818
up €286,818 (+140.8%), from €203,763 to €490,581
of which Taxes: +€281,825
- Gross operating margin +€567,086
up €567,086 (+35.5%), from €1.6m to €2.2m
- Taxes +€290,065
up €290,065 (+158.6%), from €182,856 to €472,921
- Depreciation -€279,014
down €279,014 (-56.4%), from €494,504 to €215,489
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 | €7,418,809 | €9,938,890 | +€2.5m | +34.0% |
| Fixed assets | 21/28 | €1,744,686 | €1,643,843 | -€100,843 | -5.8% |
| Tangible fixed assets | 22/27 | €1,744,686 | €1,643,843 | -€100,843 | -5.8% |
| Land and buildings | 22 | €676,886 | €675,314 | -€1,573 | -0.2% |
| Plant, machinery and equipment | 23 | €468,852 | €411,860 | -€56,992 | -12.2% |
| Furniture and vehicles | 24 | €2,716 | €0 | -€2,716 | -100.0% |
| Leasing and similar rights | 25 | €596,232 | €556,669 | -€39,563 | -6.6% |
| Current assets | 29/58 | €5,674,123 | €8,295,047 | +€2.6m | +46.2% |
| Stocks and contracts in progress | 3 | €303,301 | €224,650 | -€78,651 | -25.9% |
| Stocks | 30/36 | €303,301 | €224,650 | -€78,651 | -25.9% |
| Amounts receivable within one year | 40/41 | €4,929,996 | €7,836,968 | +€2.9m | +59.0% |
| Trade receivables | 40 | €4,854,931 | €7,782,081 | +€2.9m | +60.3% |
| Other amounts receivable | 41 | €75,065 | €54,887 | -€20,177 | -26.9% |
| Cash at bank and in hand | 54/58 | €426,970 | €212,801 | -€214,169 | -50.2% |
| Deferred charges and accrued income | 490/1 | €13,856 | €20,628 | +€6,772 | +48.9% |
| Total equity and liabilities | 10/49 | €7,418,809 | €9,938,890 | +€2.5m | +34.0% |
| Equity | 10/15 | €5,099,271 | €6,322,522 | +€1.2m | +24.0% |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Reserves | 13 | €4,299,271 | €5,522,522 | +€1.2m | +28.5% |
| Non-distributable reserves | 130/1 | €80,000 | €80,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €80,000 | €80,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €4,219,271 | €5,442,522 | +€1.2m | +29.0% |
| Amounts payable | 17/49 | €2,319,539 | €3,616,368 | +€1.3m | +55.9% |
| Amounts payable after more than one year | 17 | €940,541 | €1,245,595 | +€305,054 | +32.4% |
| Financial debts | 170/4 | €940,541 | €1,245,595 | +€305,054 | +32.4% |
| Amounts payable within one year | 42/48 | €1,378,998 | €2,370,773 | +€991,775 | +71.9% |
| Current portion of amounts payable after more than one year | 42 | €217,657 | €237,795 | +€20,138 | +9.3% |
| Financial debts | 43 | - | €750,000 | +€750,000 | |
| Credit institutions | 430/8 | - | €750,000 | +€750,000 | |
| Trade debts | 44 | €952,133 | €887,222 | -€64,911 | -6.8% |
| Suppliers | 440/4 | €952,133 | €887,222 | -€64,911 | -6.8% |
| Taxes, remuneration and social security | 45 | €203,763 | €490,581 | +€286,818 | +140.8% |
| Taxes | 450/3 | €182,628 | €464,453 | +€281,825 | +154.3% |
| Remuneration and social security | 454/9 | €21,135 | €26,128 | +€4,993 | +23.6% |
| Other amounts payable | 47/48 | €5,446 | €5,175 | -€271 | -5.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €63,900 | €0 | -€63,900 | -100.0% |
| Remuneration, social security and pensions | 62 | €171,186 | €160,456 | -€10,730 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €494,504 | €215,489 | -€279,014 | -56.4% |
| Other operating charges | 640/8 | €39,972 | €29,872 | -€10,100 | -25.3% |
| Non-recurring operating charges | 66A | €62,507 | €0 | -€62,507 | -100.0% |
| Gross operating margin | 9900 | €1,596,281 | €2,163,367 | +€567,086 | +35.5% |
| Operating profit (loss) | 9901 | €828,111 | €1,757,549 | +€929,438 | +112.2% |
| Financial income | 75/76B | €381 | €49 | -€332 | -87.2% |
| Recurring financial income | 75 | €381 | €49 | -€332 | -87.2% |
| Financial charges | 65/66B | €57,039 | €61,425 | +€4,386 | +7.7% |
| Recurring financial charges | 65 | €57,039 | €61,425 | +€4,386 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €771,453 | €1,696,172 | +€924,720 | +119.9% |
| Income taxes | 67/77 | €182,856 | €472,921 | +€290,065 | +158.6% |
| Profit (loss) for the period | 9904 | €588,597 | €1,223,251 | +€634,655 | +107.8% |
| Transfer from tax-exempt reserves | 789 | €195,800 | €0 | -€195,800 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €784,397 | €1,223,251 | +€438,855 | +55.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.