FINAGRO: 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.
FINAGRO
Largest movements
- Cash +€27,332
up €27,332 (+7.7%), from €356,431 to €383,763
mainly Depreciation (+€20,165) and Net result for the year (+€7,014)
- Tangible fixed assets -€20,165
down €20,165 (-7.1%), from €282,682 to €262,517
- Profit (loss) carried forward +€7,014
up €7,014 (+99.5%), from €7,048 to €14,062
- Gross operating margin -€39,953
down €39,953 (-41.0%), from €97,555 to €57,602
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 | €651,587 | €659,346 | +€7,759 | +1.2% |
| Fixed assets | 21/28 | €282,756 | €262,591 | -€20,165 | -7.1% |
| Tangible fixed assets | 22/27 | €282,682 | €262,517 | -€20,165 | -7.1% |
| Other tangible fixed assets | 26 | €282,682 | €262,517 | -€20,165 | -7.1% |
| Financial fixed assets | 28 | €74 | €74 | = | 0.0% |
| Current assets | 29/58 | €368,831 | €396,755 | +€27,924 | +7.6% |
| Amounts receivable within one year | 40/41 | €12,400 | €12,992 | +€591 | +4.8% |
| Trade receivables | 40 | €11,731 | €11,834 | +€103 | +0.9% |
| Other amounts receivable | 41 | €670 | €1,158 | +€488 | +72.9% |
| Cash at bank and in hand | 54/58 | €356,431 | €383,763 | +€27,332 | +7.7% |
| Total equity and liabilities | 10/49 | €651,587 | €659,346 | +€7,759 | +1.2% |
| Equity | 10/15 | €645,791 | €652,806 | +€7,014 | +1.1% |
| Contributions | 10/11 | €106,774 | €106,774 | = | 0.0% |
| Capital | 10 | €105,000 | €105,000 | = | 0.0% |
| Issued capital | 100 | €105,000 | €105,000 | = | 0.0% |
| Outside capital | 11 | €1,774 | €1,774 | = | 0.0% |
| Share premium | 1100/10 | €1,774 | €1,774 | = | 0.0% |
| Reserves | 13 | €531,969 | €531,969 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,500 | €10,500 | = | 0.0% |
| Legal reserve | 130 | €10,500 | €10,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,469 | €21,469 | = | 0.0% |
| Distributable reserves | 133 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,048 | €14,062 | +€7,014 | +99.5% |
| Amounts payable | 17/49 | €5,796 | €6,541 | +€745 | +12.8% |
| Amounts payable within one year | 42/48 | €5,796 | €6,541 | +€745 | +12.8% |
| Trade debts | 44 | €3,410 | €4,289 | +€879 | +25.8% |
| Suppliers | 440/4 | €3,410 | €4,289 | +€879 | +25.8% |
| Advances received on contracts in progress | 46 | €950 | €992 | +€42 | +4.4% |
| Taxes, remuneration and social security | 45 | €1,371 | €1,260 | -€111 | -8.1% |
| Remuneration and social security | 454/9 | €1,371 | €1,260 | -€111 | -8.1% |
| Other amounts payable | 47/48 | €65 | - | -€65 | |
| Remuneration, social security and pensions | 62 | €9,940 | €10,633 | +€693 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,922 | €20,165 | +€242 | +1.2% |
| Other operating charges | 640/8 | €20,399 | €21,259 | +€860 | +4.2% |
| Gross operating margin | 9900 | €97,555 | €57,602 | -€39,953 | -41.0% |
| Operating profit (loss) | 9901 | €47,294 | €5,546 | -€41,748 | -88.3% |
| Financial income | 75/76B | €1,497 | €1,508 | +€11 | +0.7% |
| Recurring financial income | 75 | €1,497 | €1,508 | +€11 | +0.7% |
| Financial charges | 65/66B | €39 | €40 | +€1 | +1.8% |
| Recurring financial charges | 65 | €39 | €40 | +€1 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €48,752 | €7,014 | -€41,738 | -85.6% |
| Profit (loss) for the period | 9904 | €48,752 | €7,014 | -€41,738 | -85.6% |
| Profit (loss) for the period to be appropriated | 9905 | €48,752 | €7,014 | -€41,738 | -85.6% |
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 6 October 2026 via checked.be.