AGAVE: what changed
AGAVE
Largest movements
- Cash +€26,259
up €26,259 (+75.2%), from €34,914 to €61,173
mainly Net result for the year (+€49,531) and Trade debts (+€11,552)
- Receivables after one year +€16,318
up €16,318 (+40.7%), from €40,120 to €56,438
- Receivables within one year +€10,491
up €10,491 (+4.4%), from €236,690 to €247,181
of which Trade receivables: +€23,963
- Financial fixed assets -€8,500
down €8,500 (-5.3%), from €159,000 to €150,500
- Reserves +€49,531
up €49,531 (+14.6%), from €340,359 to €389,890
of which Distributable reserves: +€49,531
- Tax, wage and social debts -€17,654
down €17,654 (-45.4%), from €38,921 to €21,267
of which Taxes: -€17,654
- Trade debts +€11,552
up €11,552 (+3,851%), from €300 to €11,852
- Gross operating margin -€24,015
down €24,015 (-23.6%), from €101,960 to €77,946
- Taxes -€1,925
down €1,925 (-6.8%), from €28,401 to €26,476
- Other operating charges -€1,738
down €1,738 (-48.0%), from €3,621 to €1,883
- Financial charges -€1,540
down €1,540 (-90.7%), from €1,698 to €158
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 | €471,863 | €515,292 | +€43,429 | +9.2% |
| Fixed assets | 21/28 | €160,139 | €150,500 | -€9,639 | -6.0% |
| Tangible fixed assets | 22/27 | €1,139 | €0 | -€1,139 | -100% |
| Furniture and vehicles | 24 | €1,139 | €0 | -€1,139 | -100% |
| Financial fixed assets | 28 | €159,000 | €150,500 | -€8,500 | -5.3% |
| Current assets | 29/58 | €311,724 | €364,792 | +€53,068 | +17.0% |
| Amounts receivable after more than one year | 29 | €40,120 | €56,438 | +€16,318 | +40.7% |
| Other amounts receivable | 291 | €40,120 | €56,438 | +€16,318 | +40.7% |
| Amounts receivable within one year | 40/41 | €236,690 | €247,181 | +€10,491 | +4.4% |
| Trade receivables | 40 | €204,557 | €228,520 | +€23,963 | +11.7% |
| Other amounts receivable | 41 | €32,133 | €18,660 | -€13,473 | -41.9% |
| Cash at bank and in hand | 54/58 | €34,914 | €61,173 | +€26,259 | +75.2% |
| Total equity and liabilities | 10/49 | €471,863 | €515,292 | +€43,429 | +9.2% |
| Equity | 10/15 | €346,559 | €396,090 | +€49,531 | +14.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €340,359 | €389,890 | +€49,531 | +14.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €340,359 | €389,890 | +€49,531 | +14.6% |
| Amounts payable | 17/49 | €125,304 | €119,203 | -€6,102 | -4.9% |
| Amounts payable after more than one year | 17 | €86,083 | €86,083 | = | 0.0% |
| Financial debts | 170/4 | €86,083 | €86,083 | = | 0.0% |
| Amounts payable within one year | 42/48 | €39,221 | €33,119 | -€6,102 | -15.6% |
| Trade debts | 44 | €300 | €11,852 | +€11,552 | +3,851% |
| Suppliers | 440/4 | €300 | €11,852 | +€11,552 | +3,851% |
| Taxes, remuneration and social security | 45 | €38,921 | €21,267 | -€17,654 | -45.4% |
| Taxes | 450/3 | €38,921 | €21,267 | -€17,654 | -45.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,162 | €1,139 | -€24 | -2.0% |
| Other operating charges | 640/8 | €3,621 | €1,883 | -€1,738 | -48.0% |
| Gross operating margin | 9900 | €101,960 | €77,946 | -€24,015 | -23.6% |
| Operating profit (loss) | 9901 | €97,177 | €74,674 | -€22,503 | -23.2% |
| Financial income | 75/76B | €1,014 | €1,491 | +€477 | +47.1% |
| Recurring financial income | 75 | €1,014 | €1,491 | +€477 | +47.1% |
| Financial charges | 65/66B | €1,698 | €158 | -€1,540 | -90.7% |
| Recurring financial charges | 65 | €1,698 | €158 | -€1,540 | -90.7% |
| Profit (loss) for the period before taxes | 9903 | €96,493 | €76,007 | -€20,486 | -21.2% |
| Income taxes | 67/77 | €28,401 | €26,476 | -€1,925 | -6.8% |
| Profit (loss) for the period | 9904 | €68,092 | €49,531 | -€18,561 | -27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €68,092 | €49,531 | -€18,561 | -27.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.