AGRAR: 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
AGRAR
NACE 01.500, Mixed farming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€168,250
2024 · €7,189+€161,061
Equity
€218,728
2024 · €50,479+€168,250
Cash
€272
2024 · €1,382-€1,110
Balance sheet total
€848,913
2024 · €879,923-€31,009
Largest movements
Assets
- Receivables within one year +€456,978
up €456,978 (+430%), from €106,326 to €563,304
of which Other amounts receivable: +€547,717
- Stocks and contracts -€277,540
down €277,540 (-100%), from €277,540 to €0
- Financial fixed assets -€149,986
down €149,986 (-100%), from €149,986 to €0
of which Companies linked by participating interests: -€148,736
- Tangible fixed assets -€53,909
down €53,909 (-22.9%), from €235,099 to €181,190
Equity and liabilities
- Trade debts -€398,921
down €398,921 (-93.2%), from €427,921 to €29,000
- Profit (loss) carried forward +€167,727
up €167,727, from -€167,727 to €0
- Accrued charges and deferred income +€88,339
up €88,339 (+9,651%), from €915 to €89,254
- Tax, wage and social debts +€78,258
new in 2025: €78,258
- Other debts +€61,695
new in 2025: €61,695
Income statement
- Turnover -€878,902
down €878,902 (-77.4%), from €1.1m to €256,623
- Goods and materials -€559,618
down €559,618 (-57.3%), from €975,799 to €416,181
of which Purchases: -€819,343
- Financial income +€320,139
new in 2025: €320,139
of which Non-recurring financial income: +€319,264
- Other operating income +€118,982
up €118,982 (+1,507%), from €7,895 to €126,877
- Services and other goods +€100,372
up €100,372 (+116%), from €86,314 to €186,686
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
€7,189
Turnover
-€878,902
Other operating income
+€118,982
Goods and materials
+€559,618
Services and other goods
-€100,372
Depreciation
+€14,894
Other operating charges
+€7,827
Other operating items
+€114,194
Financial income
+€320,139
Financial charges
+€4,682
Result 2025
€168,250
raises the resultlowers the resultnot broken down further in the accounts
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
-€151,986
Investment
+€179,243
Financing
-€28,367
Cash 2024
€1,382
From operations (derived)
-€151,986
Net result for the year
+€168,250
Depreciation
+€24,652
Stocks and contracts
+€277,540
Receivables within one year
-€456,978
Deferred charges and accrued income
+€5,443
Provisions
-€262
Trade debts
-€398,921
Tax, wage and social debts
+€78,258
Other debts
+€61,695
Accrued charges and deferred income
+€88,339
Investment (derived)
+€179,243
Investment in fixed assets (net)
+€179,243
Financing
-€28,367
Debts after one year
-€21,275
Current portion of long-term debt
-€7,092
Cash 2025
€272
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €879,923 | €848,913 | -€31,009 | -3.5% |
| Fixed assets | 21/28 | €385,085 | €181,190 | -€203,895 | -52.9% |
| Tangible fixed assets | 22/27 | €235,099 | €181,190 | -€53,909 | -22.9% |
| Land and buildings | 22 | €196,263 | €169,423 | -€26,840 | -13.7% |
| Plant, machinery and equipment | 23 | €35,090 | €11,767 | -€23,323 | -66.5% |
| Furniture and vehicles | 24 | €3,746 | €0 | -€3,746 | -100% |
| Financial fixed assets | 28 | €149,986 | €0 | -€149,986 | -100% |
| Companies linked by participating interests | 282/3 | €148,736 | €0 | -€148,736 | -100% |
| Participating interests | 282 | €148,736 | €0 | -€148,736 | -100% |
| Other financial fixed assets | 284/8 | €1,250 | €0 | -€1,250 | -100% |
| Amounts receivable and cash guarantees | 285/8 | €1,250 | €0 | -€1,250 | -100% |
| Current assets | 29/58 | €494,838 | €667,723 | +€172,886 | +34.9% |
| Stocks and contracts in progress | 3 | €277,540 | €0 | -€277,540 | -100% |
| Stocks | 30/36 | €277,540 | €0 | -€277,540 | -100% |
| Raw materials and consumables | 30/31 | €277,540 | €0 | -€277,540 | -100% |
| Amounts receivable within one year | 40/41 | €106,326 | €563,304 | +€456,978 | +430% |
| Trade receivables | 40 | €96,788 | €6,050 | -€90,738 | -93.7% |
| Other amounts receivable | 41 | €9,537 | €557,254 | +€547,717 | +5,743% |
| Cash at bank and in hand | 54/58 | €1,382 | €272 | -€1,110 | -80.3% |
| Deferred charges and accrued income | 490/1 | €109,590 | €104,147 | -€5,443 | -5.0% |
| Total equity and liabilities | 10/49 | €879,923 | €848,913 | -€31,009 | -3.5% |
| Equity | 10/15 | €50,479 | €218,728 | +€168,250 | +333% |
| Contributions | 10/11 | €197,000 | €197,000 | = | 0.0% |
| Capital | 10 | €197,000 | €197,000 | = | 0.0% |
| Issued capital | 100 | €197,000 | €197,000 | = | 0.0% |
| Reserves | 13 | €21,206 | €21,728 | +€522 | +2.5% |
| Non-distributable reserves | 130/1 | €16,043 | €16,043 | = | 0.0% |
| Legal reserve | 130 | €16,043 | €16,043 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,876 | €1,368 | -€509 | -27.1% |
| Distributable reserves | 133 | €3,286 | €4,317 | +€1,031 | +31.4% |
| Profit (loss) carried forward | 14 | -€167,727 | €0 | +€167,727 | |
| Provisions and deferred taxes | 16 | €966 | €704 | -€262 | -27.1% |
| Deferred taxes | 168 | €966 | €704 | -€262 | -27.1% |
| Amounts payable | 17/49 | €828,478 | €629,481 | -€198,997 | -24.0% |
| Amounts payable after more than one year | 17 | €21,275 | €0 | -€21,275 | -100% |
| Financial debts | 170/4 | €21,275 | €0 | -€21,275 | -100% |
| Credit institutions | 173 | €21,275 | €0 | -€21,275 | -100% |
| Amounts payable within one year | 42/48 | €806,288 | €540,227 | -€266,061 | -33.0% |
| Current portion of amounts payable after more than one year | 42 | €28,367 | €21,275 | -€7,092 | -25.0% |
| Financial debts | 43 | €350,000 | €350,000 | = | 0.0% |
| Credit institutions | 430/8 | €350,000 | €350,000 | = | 0.0% |
| Trade debts | 44 | €427,921 | €29,000 | -€398,921 | -93.2% |
| Suppliers | 440/4 | €427,921 | €29,000 | -€398,921 | -93.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | - | €78,258 | +€78,258 | |
| Taxes | 450/3 | - | €78,258 | +€78,258 | |
| Other amounts payable | 47/48 | - | €61,695 | +€61,695 | |
| Accrued charges and deferred income | 492/3 | €915 | €89,254 | +€88,339 | +9,651% |
| Operating income | 70/76A | €1,143,419 | €509,725 | -€633,695 | -55.4% |
| Turnover | 70 | €1,135,524 | €256,623 | -€878,902 | -77.4% |
| Other operating income | 74 | €7,895 | €126,877 | +€118,982 | +1,507% |
| Non-recurring operating income | 76A | - | €126,225 | +€126,225 | |
| Operating charges | 60/66A | €1,116,238 | €646,303 | -€469,935 | -42.1% |
| Goods for resale, raw materials and consumables | 60 | €975,799 | €416,181 | -€559,618 | -57.3% |
| Purchases | 600/8 | €957,984 | €138,641 | -€819,343 | -85.5% |
| Change in stocks: decrease (increase) | 609 | €17,814 | €277,540 | +€259,725 | +1,458% |
| Services and other goods | 61 | €86,314 | €186,686 | +€100,372 | +116% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,547 | €24,652 | -€14,894 | -37.7% |
| Other operating charges | 640/8 | €14,579 | €6,752 | -€7,827 | -53.7% |
| Non-recurring operating charges | 66A | - | €12,031 | +€12,031 | |
| Operating profit (loss) | 9901 | €27,181 | -€136,578 | -€163,760 | |
| Financial income | 75/76B | - | €320,139 | +€320,139 | |
| Recurring financial income | 75 | - | €875 | +€875 | |
| Income from current assets | 751 | - | €875 | +€875 | |
| Non-recurring financial income | 76B | - | €319,264 | +€319,264 | |
| Financial charges | 65/66B | €20,254 | €15,573 | -€4,682 | -23.1% |
| Recurring financial charges | 65 | €20,254 | €15,573 | -€4,682 | -23.1% |
| Debt charges | 650 | €17,197 | €13,199 | -€3,998 | -23.3% |
| Other financial charges | 652/9 | €3,057 | €2,374 | -€683 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €6,927 | €167,988 | +€161,061 | +2,325% |
| Transfer from deferred taxes | 780 | €262 | €262 | = | 0.0% |
| Profit (loss) for the period | 9904 | €7,189 | €168,250 | +€161,061 | +2,240% |
| Transfer from tax-exempt reserves | 789 | €509 | €509 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,697 | €168,758 | +€161,061 | +2,092% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.