D'AGNOLO: what changed
D'AGNOLO
Largest movements
- Receivables within one year +€47,318
up €47,318 (+1,258%), from €3,762 to €51,080
of which Trade receivables: +€47,493
- Cash +€26,915
up €26,915 (+78.8%), from €34,146 to €61,061
mainly Net result for the year (+€38,492) and Tax, wage and social debts (+€13,944)
- Stocks and contracts -€8,975
down €8,975 (-91.1%), from €9,850 to €875
- Tangible fixed assets -€1,761
down €1,761 (-30.4%), from €5,785 to €4,024
- Deferred charges and accrued income -€1,615
down €1,615 (-31.2%), from €5,173 to €3,558
- Reserves +€38,492
up €38,492 (+86.5%), from €44,523 to €83,015
- Tax, wage and social debts +€13,944
new in 2025: €13,944
- Other debts +€9,511
up €9,511 (+6,173%), from €154 to €9,665
- Gross operating margin +€40,220
up €40,220 (+919%), from €4,375 to €44,595
- Taxes +€3,840
new in 2025: €3,840
- Other operating charges -€1,187
down €1,187 (-79.9%), from €1,487 to €299
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,205 | €121,088 | +€61,883 | +105% |
| Fixed assets | 21/28 | €6,275 | €4,514 | -€1,761 | -28.1% |
| Tangible fixed assets | 22/27 | €5,785 | €4,024 | -€1,761 | -30.4% |
| Plant, machinery and equipment | 23 | €5,785 | €4,024 | -€1,761 | -30.4% |
| Financial fixed assets | 28 | €490 | €490 | = | 0.0% |
| Current assets | 29/58 | €52,930 | €116,574 | +€63,644 | +120% |
| Stocks and contracts in progress | 3 | €9,850 | €875 | -€8,975 | -91.1% |
| Stocks | 30/36 | €9,850 | €875 | -€8,975 | -91.1% |
| Amounts receivable within one year | 40/41 | €3,762 | €51,080 | +€47,318 | +1,258% |
| Trade receivables | 40 | €3,587 | €51,080 | +€47,493 | +1,324% |
| Other amounts receivable | 41 | €175 | - | -€175 | |
| Cash at bank and in hand | 54/58 | €34,146 | €61,061 | +€26,915 | +78.8% |
| Deferred charges and accrued income | 490/1 | €5,173 | €3,558 | -€1,615 | -31.2% |
| Total equity and liabilities | 10/49 | €59,205 | €121,088 | +€61,883 | +105% |
| Equity | 10/15 | €56,923 | €95,415 | +€38,492 | +67.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €44,523 | €83,015 | +€38,492 | +86.5% |
| Distributable reserves | 133 | €44,523 | €83,015 | +€38,492 | +86.5% |
| Amounts payable | 17/49 | €2,282 | €25,673 | +€23,391 | +1,025% |
| Amounts payable within one year | 42/48 | €1,567 | €24,938 | +€23,371 | +1,492% |
| Trade debts | 44 | €1,413 | €1,328 | -€85 | -6.0% |
| Suppliers | 440/4 | €1,413 | €1,328 | -€85 | -6.0% |
| Taxes, remuneration and social security | 45 | - | €13,944 | +€13,944 | |
| Taxes | 450/3 | - | €13,944 | +€13,944 | |
| Other amounts payable | 47/48 | €154 | €9,665 | +€9,511 | +6,173% |
| Accrued charges and deferred income | 492/3 | €715 | €735 | +€20 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,761 | €1,761 | = | 0.0% |
| Other operating charges | 640/8 | €1,487 | €299 | -€1,187 | -79.9% |
| Gross operating margin | 9900 | €4,375 | €44,595 | +€40,220 | +919% |
| Operating profit (loss) | 9901 | €1,128 | €42,535 | +€41,407 | +3,672% |
| Financial income | 75/76B | €120 | €138 | +€18 | +14.6% |
| Recurring financial income | 75 | €120 | €138 | +€18 | +14.6% |
| Financial charges | 65/66B | €194 | €341 | +€147 | +76.0% |
| Recurring financial charges | 65 | €194 | €341 | +€147 | +76.0% |
| Profit (loss) for the period before taxes | 9903 | €1,054 | €42,332 | +€41,278 | +3,916% |
| Income taxes | 67/77 | - | €3,840 | +€3,840 | |
| Profit (loss) for the period | 9904 | €1,054 | €38,492 | +€37,438 | +3,552% |
| Profit (loss) for the period to be appropriated | 9905 | €1,054 | €38,492 | +€37,438 | +3,552% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.