AGFresh: 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.
AGFresh
Largest movements
- Tangible fixed assets -€27,718
down €27,718 (-7.5%), from €370,418 to €342,699
of which Land and buildings: -€20,819
- Cash -€19,090
down €19,090 (-63.0%), from €30,281 to €11,190
mainly Debts after one year (-€17,576) and Net result for the year (-€11,615)
- Debts after one year -€17,576
down €17,576 (-18.8%), from €93,485 to €75,909
- Profit (loss) carried forward -€11,615
down €11,615, from €3,683 to -€7,932
- Other debts -€9,556
down €9,556 (-10.2%), from €93,318 to €83,762
- Gross operating margin -€14,987
down €14,987 (-38.5%), from €38,947 to €23,960
- Financial charges -€597
down €597 (-11.7%), from €5,110 to €4,513
- Depreciation -€449
down €449 (-1.6%), from €28,167 to €27,718
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 | €410,480 | €366,931 | -€43,549 | -10.6% |
| Fixed assets | 21/28 | €370,418 | €342,699 | -€27,718 | -7.5% |
| Tangible fixed assets | 22/27 | €370,418 | €342,699 | -€27,718 | -7.5% |
| Land and buildings | 22 | €357,848 | €337,029 | -€20,819 | -5.8% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €12,570 | €5,671 | -€6,899 | -54.9% |
| Current assets | 29/58 | €40,063 | €24,232 | -€15,831 | -39.5% |
| Stocks and contracts in progress | 3 | €4,207 | €6,561 | +€2,353 | +55.9% |
| Stocks | 30/36 | €4,207 | €6,561 | +€2,353 | +55.9% |
| Amounts receivable within one year | 40/41 | €1,955 | €2,731 | +€776 | +39.7% |
| Trade receivables | 40 | €1,716 | €1,532 | -€184 | -10.7% |
| Other amounts receivable | 41 | €239 | €1,199 | +€960 | +401% |
| Cash at bank and in hand | 54/58 | €30,281 | €11,190 | -€19,090 | -63.0% |
| Deferred charges and accrued income | 490/1 | €3,619 | €3,750 | +€130 | +3.6% |
| Total equity and liabilities | 10/49 | €410,480 | €366,931 | -€43,549 | -10.6% |
| Equity | 10/15 | €188,582 | €176,967 | -€11,615 | -6.2% |
| Contributions | 10/11 | €152,400 | €152,400 | = | 0.0% |
| Reserves | 13 | €32,499 | €32,499 | = | 0.0% |
| Distributable reserves | 133 | €32,499 | €32,499 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,683 | -€7,932 | -€11,615 | |
| Provisions and deferred taxes | 16 | €7,500 | €7,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €7,500 | €7,500 | = | 0.0% |
| Pensions and similar obligations | 160 | €7,500 | €7,500 | = | 0.0% |
| Amounts payable | 17/49 | €214,398 | €182,464 | -€31,934 | -14.9% |
| Amounts payable after more than one year | 17 | €93,485 | €75,909 | -€17,576 | -18.8% |
| Financial debts | 170/4 | €93,485 | €75,909 | -€17,576 | -18.8% |
| Amounts payable within one year | 42/48 | €120,913 | €106,556 | -€14,357 | -11.9% |
| Current portion of amounts payable after more than one year | 42 | €17,428 | €17,576 | +€149 | +0.9% |
| Trade debts | 44 | €7,572 | €3,544 | -€4,028 | -53.2% |
| Suppliers | 440/4 | €7,572 | €3,544 | -€4,028 | -53.2% |
| Taxes, remuneration and social security | 45 | €2,596 | €1,674 | -€922 | -35.5% |
| Taxes | 450/3 | €416 | €84 | -€332 | -79.9% |
| Remuneration and social security | 454/9 | €2,180 | €1,590 | -€590 | -27.1% |
| Other amounts payable | 47/48 | €93,318 | €83,762 | -€9,556 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,167 | €27,718 | -€449 | -1.6% |
| Other operating charges | 640/8 | €2,838 | €3,087 | +€249 | +8.8% |
| Gross operating margin | 9900 | €38,947 | €23,960 | -€14,987 | -38.5% |
| Operating profit (loss) | 9901 | €7,942 | -€6,845 | -€14,787 | |
| Financial income | 75/76B | €26 | €181 | +€154 | +589% |
| Recurring financial income | 75 | €26 | €181 | +€154 | +589% |
| Financial charges | 65/66B | €5,110 | €4,513 | -€597 | -11.7% |
| Recurring financial charges | 65 | €5,110 | €4,513 | -€597 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €2,858 | -€11,177 | -€14,035 | |
| Income taxes | 67/77 | €443 | €438 | -€6 | -1.3% |
| Profit (loss) for the period | 9904 | €2,415 | -€11,615 | -€14,030 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,415 | -€11,615 | -€14,030 |
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 26 October 2026 via checked.be.