H & B AGRA: 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.
What changed
H & B AGRA
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2,552
2024 · €3,913-€1,361
Equity
€60,432
2024 · €57,880+€2,552
Cash
€2,111
2024 · €802+€1,309
Balance sheet total
€468,014
2024 · €496,026-€28,013
Largest movements
Assets
- Tangible fixed assets -€29,518
down €29,518 (-6.5%), from €451,452 to €421,934
of which Land and buildings: -€30,755
Equity and liabilities
- Provisions -€14,562
down €14,562 (-8.3%), from €174,746 to €160,184
- Current portion of long-term debt -€14,547
down €14,547 (-100%), from €14,547 to €0
Income statement
- Gross operating margin -€2,621
down €2,621 (-5.2%), from €50,293 to €47,672
- Depreciation -€1,326
down €1,326 (-4.1%), from €32,146 to €30,820
- Financial charges -€759
down €759 (-24.2%), from €3,138 to €2,379
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.
Result 2024
€3,913
Gross operating margin
-€2,621
Depreciation
+€1,326
Other operating charges
-€340
Financial income
-€0
Financial charges
+€759
Taxes
-€486
Result 2025
€2,552
raises the resultlowers the result
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.
From operations
+€17,159
Investment
-€1,302
Financing
-€14,547
Cash 2024
€802
From operations (derived)
+€17,159
Net result for the year
+€2,552
Depreciation
+€30,820
Receivables within one year
+€198
Deferred charges and accrued income
-€394
Provisions
-€14,562
Trade debts
+€78
Tax, wage and social debts
-€680
Other debts
-€853
Investment (derived)
-€1,302
Investment in fixed assets (net)
-€1,302
Financing
-€14,547
Current portion of long-term debt
-€14,547
Cash 2025
€2,111
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €496,026 | €468,014 | -€28,013 | -5.6% |
| Fixed assets | 21/28 | €451,452 | €421,934 | -€29,518 | -6.5% |
| Tangible fixed assets | 22/27 | €451,452 | €421,934 | -€29,518 | -6.5% |
| Land and buildings | 22 | €451,452 | €420,697 | -€30,755 | -6.8% |
| Furniture and vehicles | 24 | €0 | €1,237 | +€1,237 | |
| Current assets | 29/58 | €44,575 | €46,080 | +€1,505 | +3.4% |
| Amounts receivable within one year | 40/41 | €37,919 | €37,721 | -€198 | -0.5% |
| Trade receivables | 40 | €37,919 | €37,721 | -€198 | -0.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €802 | €2,111 | +€1,309 | +163% |
| Deferred charges and accrued income | 490/1 | €5,854 | €6,248 | +€394 | +6.7% |
| Total equity and liabilities | 10/49 | €496,026 | €468,014 | -€28,013 | -5.6% |
| Equity | 10/15 | €57,880 | €60,432 | +€2,552 | +4.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €7,880 | €10,432 | +€2,552 | +32.4% |
| Non-distributable reserves | 130/1 | €7,880 | €7,880 | = | 0.0% |
| Other | 1319 | €7,880 | €7,880 | = | 0.0% |
| Distributable reserves | 133 | - | €2,552 | +€2,552 | |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €174,746 | €160,184 | -€14,562 | -8.3% |
| Provisions for liabilities and charges | 160/5 | €174,746 | €160,184 | -€14,562 | -8.3% |
| Major repairs and maintenance | 162 | €174,746 | €160,184 | -€14,562 | -8.3% |
| Amounts payable | 17/49 | €263,401 | €247,398 | -€16,003 | -6.1% |
| Amounts payable after more than one year | 17 | €229,003 | €229,003 | = | 0.0% |
| Financial debts | 170/4 | €229,003 | €229,003 | = | 0.0% |
| Amounts payable within one year | 42/48 | €34,398 | €18,396 | -€16,003 | -46.5% |
| Current portion of amounts payable after more than one year | 42 | €14,547 | €0 | -€14,547 | -100% |
| Trade debts | 44 | €537 | €616 | +€78 | +14.6% |
| Suppliers | 440/4 | €537 | €616 | +€78 | +14.6% |
| Taxes, remuneration and social security | 45 | €3,048 | €2,368 | -€680 | -22.3% |
| Taxes | 450/3 | €3,048 | €2,368 | -€680 | -22.3% |
| Other amounts payable | 47/48 | €16,266 | €15,412 | -€853 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,146 | €30,820 | -€1,326 | -4.1% |
| Other operating charges | 640/8 | €10,888 | €11,228 | +€340 | +3.1% |
| Gross operating margin | 9900 | €50,293 | €47,672 | -€2,621 | -5.2% |
| Operating profit (loss) | 9901 | €7,258 | €5,624 | -€1,634 | -22.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €3,138 | €2,379 | -€759 | -24.2% |
| Recurring financial charges | 65 | €3,138 | €2,379 | -€759 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €4,120 | €3,245 | -€875 | -21.2% |
| Income taxes | 67/77 | €207 | €693 | +€486 | +235% |
| Profit (loss) for the period | 9904 | €3,913 | €2,552 | -€1,361 | -34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,913 | €2,552 | -€1,361 | -34.8% |
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 24 October 2026 via checked.be.