ARGORID: 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.
ARGORID
Largest movements
- Cash +€13,170
up €13,170 (+45.5%), from €28,923 to €42,093
mainly Net result for the year (+€8,547) and Depreciation (+€5,432)
- Tangible fixed assets -€3,982
down €3,982 (-6.1%), from €65,574 to €61,592
of which Land and buildings: -€3,615
- Profit (loss) carried forward +€8,547
up €8,547 (+18.3%), from €46,605 to €55,152
- Tax, wage and social debts +€1,387
up €1,387 (+221.6%), from €626 to €2,013
- Gross operating margin +€9,268
up €9,268 (+103.3%), from €8,969 to €18,237
- Taxes +€2,428
up €2,428 (+387.9%), from €626 to €3,054
- Depreciation +€553
up €553 (+11.3%), from €4,879 to €5,432
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 | €115,431 | €125,335 | +€9,904 | +8.6% |
| Fixed assets | 21/28 | €65,574 | €61,592 | -€3,982 | -6.1% |
| Tangible fixed assets | 22/27 | €65,574 | €61,592 | -€3,982 | -6.1% |
| Land and buildings | 22 | €64,800 | €61,185 | -€3,615 | -5.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €774 | €407 | -€366 | -47.3% |
| Current assets | 29/58 | €49,857 | €63,743 | +€13,886 | +27.9% |
| Amounts receivable within one year | 40/41 | €20,934 | €21,650 | +€715 | +3.4% |
| Trade receivables | 40 | €2,250 | €2,250 | = | 0.0% |
| Other amounts receivable | 41 | €18,684 | €19,400 | +€715 | +3.8% |
| Cash at bank and in hand | 54/58 | €28,923 | €42,093 | +€13,170 | +45.5% |
| Total equity and liabilities | 10/49 | €115,431 | €125,335 | +€9,904 | +8.6% |
| Equity | 10/15 | €114,776 | €123,323 | +€8,547 | +7.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,605 | €55,152 | +€8,547 | +18.3% |
| Amounts payable | 17/49 | €656 | €2,013 | +€1,357 | +206.9% |
| Amounts payable within one year | 42/48 | €656 | €2,013 | +€1,357 | +206.9% |
| Trade debts | 44 | €30 | €0 | -€30 | -100.0% |
| Suppliers | 440/4 | €30 | €0 | -€30 | -100.0% |
| Taxes, remuneration and social security | 45 | €626 | €2,013 | +€1,387 | +221.6% |
| Taxes | 450/3 | €626 | €2,013 | +€1,387 | +221.6% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,879 | €5,432 | +€553 | +11.3% |
| Other operating charges | 640/8 | €1,966 | €2,043 | +€76 | +3.9% |
| Gross operating margin | 9900 | €8,969 | €18,237 | +€9,268 | +103.3% |
| Operating profit (loss) | 9901 | €2,124 | €10,762 | +€8,638 | +406.7% |
| Financial income | 75/76B | €765 | €884 | +€119 | +15.6% |
| Recurring financial income | 75 | €765 | €884 | +€119 | +15.6% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €2,844 | €11,601 | +€8,757 | +307.9% |
| Income taxes | 67/77 | €626 | €3,054 | +€2,428 | +387.9% |
| Profit (loss) for the period | 9904 | €2,218 | €8,547 | +€6,329 | +285.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,218 | €8,547 | +€6,329 | +285.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.