ARGENTEUIL: 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.
ARGENTEUIL
Largest movements
- Tangible fixed assets -€23,609
down €23,609 (-21.4%), from €110,171 to €86,562
- Cash +€21,491
up €21,491 (+36.5%), from €58,820 to €80,311
mainly Depreciation (+€29,238) and Net result for the year (+€18,691)
- Receivables within one year +€8,528
up €8,528 (+127%), from €6,696 to €15,224
of which Other amounts receivable: +€6,500
- Debts after one year -€47,241
down €47,241 (-39.7%), from €118,930 to €71,689
- Reserves +€18,691
up €18,691 (+8.0%), from €232,780 to €251,471
of which Distributable reserves: +€18,691
- Other debts +€14,599
up €14,599 (+11.6%), from €126,311 to €140,910
- Short-term financial debts +€11,056
up €11,056 (+86.2%), from €12,827 to €23,883
- Trade debts +€10,254
up €10,254 (+204%), from €5,021 to €15,275
- Gross operating margin -€60,098
down €60,098 (-28.5%), from €210,560 to €150,463
- Taxes -€15,535
down €15,535 (-57.4%), from €27,088 to €11,553
- Depreciation +€6,701
up €6,701 (+29.7%), from €22,537 to €29,238
- Staff costs +€5,854
up €5,854 (+7.9%), from €74,408 to €80,262
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €800,190 | €807,507 | +€7,317 | +0.9% |
| Fixed assets | 21/28 | €692,803 | €669,194 | -€23,609 | -3.4% |
| Tangible fixed assets | 22/27 | €110,171 | €86,562 | -€23,609 | -21.4% |
| Land and buildings | 22 | €10,096 | €6,865 | -€3,231 | -32.0% |
| Plant, machinery and equipment | 23 | €41,075 | €30,242 | -€10,833 | -26.4% |
| Furniture and vehicles | 24 | €58,343 | €49,113 | -€9,230 | -15.8% |
| Other tangible fixed assets | 26 | €657 | €342 | -€315 | -48.0% |
| Financial fixed assets | 28 | €582,632 | €582,632 | = | 0.0% |
| Current assets | 29/58 | €107,388 | €138,313 | +€30,926 | +28.8% |
| Stocks and contracts in progress | 3 | €39,443 | €40,180 | +€737 | +1.9% |
| Stocks | 30/36 | €39,443 | €40,180 | +€737 | +1.9% |
| Amounts receivable within one year | 40/41 | €6,696 | €15,224 | +€8,528 | +127% |
| Trade receivables | 40 | €6,696 | €8,724 | +€2,028 | +30.3% |
| Other amounts receivable | 41 | - | €6,500 | +€6,500 | |
| Cash at bank and in hand | 54/58 | €58,820 | €80,311 | +€21,491 | +36.5% |
| Deferred charges and accrued income | 490/1 | €2,429 | €2,598 | +€170 | +7.0% |
| Total equity and liabilities | 10/49 | €800,190 | €807,507 | +€7,317 | +0.9% |
| Equity | 10/15 | €449,850 | €468,541 | +€18,691 | +4.2% |
| Contributions | 10/11 | €28,007 | €28,007 | = | 0.0% |
| Reserves | 13 | €232,780 | €251,471 | +€18,691 | +8.0% |
| Tax-exempt reserves | 132 | €71,946 | €71,946 | = | 0.0% |
| Distributable reserves | 133 | €160,834 | €179,525 | +€18,691 | +11.6% |
| Profit (loss) carried forward | 14 | €189,062 | €189,062 | = | 0.0% |
| Amounts payable | 17/49 | €350,340 | €338,967 | -€11,373 | -3.2% |
| Amounts payable after more than one year | 17 | €118,930 | €71,689 | -€47,241 | -39.7% |
| Financial debts | 170/4 | €118,930 | €71,689 | -€47,241 | -39.7% |
| Amounts payable within one year | 42/48 | €224,899 | €258,093 | +€33,194 | +14.8% |
| Current portion of amounts payable after more than one year | 42 | €48,810 | €50,533 | +€1,722 | +3.5% |
| Financial debts | 43 | €12,827 | €23,883 | +€11,056 | +86.2% |
| Credit institutions | 430/8 | €12,827 | €23,883 | +€11,056 | +86.2% |
| Trade debts | 44 | €5,021 | €15,275 | +€10,254 | +204% |
| Suppliers | 440/4 | €5,021 | €15,275 | +€10,254 | +204% |
| Taxes, remuneration and social security | 45 | €31,929 | €27,492 | -€4,437 | -13.9% |
| Taxes | 450/3 | €16,197 | €7,409 | -€8,789 | -54.3% |
| Remuneration and social security | 454/9 | €15,732 | €20,083 | +€4,351 | +27.7% |
| Other amounts payable | 47/48 | €126,311 | €140,910 | +€14,599 | +11.6% |
| Accrued charges and deferred income | 492/3 | €6,511 | €9,185 | +€2,674 | +41.1% |
| Non-recurring operating income | 76A | €4,525 | - | -€4,525 | |
| Remuneration, social security and pensions | 62 | €74,408 | €80,262 | +€5,854 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,537 | €29,238 | +€6,701 | +29.7% |
| Other operating charges | 640/8 | €1,379 | €1,357 | -€22 | -1.6% |
| Gross operating margin | 9900 | €210,560 | €150,463 | -€60,098 | -28.5% |
| Operating profit (loss) | 9901 | €112,237 | €39,606 | -€72,631 | -64.7% |
| Financial income | 75/76B | €1,673 | €2,156 | +€483 | +28.9% |
| Recurring financial income | 75 | €1,673 | €2,156 | +€483 | +28.9% |
| Financial charges | 65/66B | €11,151 | €11,519 | +€368 | +3.3% |
| Recurring financial charges | 65 | €11,151 | €11,519 | +€368 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €102,759 | €30,243 | -€72,516 | -70.6% |
| Income taxes | 67/77 | €27,088 | €11,553 | -€15,535 | -57.4% |
| Profit (loss) for the period | 9904 | €75,672 | €18,691 | -€56,981 | -75.3% |
| Profit (loss) for the period to be appropriated | 9905 | €75,672 | €18,691 | -€56,981 | -75.3% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.