AGRATEAM: what changed
Two fiscal 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.
AGRATEAM
Largest movements
- Financial fixed assets -€300,000
no longer reported in 2026 (was €300,000)
- Receivables within one year -€48,436
down €48,436 (-14.3%), from €339,623 to €291,187
of which Trade receivables: -€46,844
- Cash +€10,345
up €10,345 (+12.8%), from €80,800 to €91,145
mainly Investment in fixed assets (net) (+€300,000) and Receivables within one year (+€48,436)
- Other debts -€198,350
down €198,350 (-60.2%), from €329,599 to €131,249
- Trade debts -€106,491
down €106,491 (-47.8%), from €222,814 to €116,323
- Short-term financial debts -€30,973
no longer reported in 2026 (was €30,973)
- Profit (loss) carried forward +€15,303
up €15,303 (+11.4%), from €134,064 to €149,367
- Tax, wage and social debts -€10,997
down €10,997 (-85.0%), from €12,935 to €1,938
- Turnover +€1.9m
up €1.9m (+1834.0%), from €101,125 to €2.0m
- Purchases and services +€879,937
up €879,937 (+84.6%), from €1.0m to €1.9m
- Gross operating margin -€25,294
down €25,294 (-41.8%), from €60,454 to €35,160
- Write-downs -€20,287
no longer reported in 2026 (was €20,287)
From the 2025 result to the 2026 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.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €818,985 | €487,477 | -€331,508 | -40.5% |
| Fixed assets | 21/28 | €302,250 | €2,250 | -€300,000 | -99.3% |
| Intangible fixed assets | 21 | €2,250 | €2,250 | = | 0.0% |
| Financial fixed assets | 28 | €300,000 | - | -€300,000 | |
| Current assets | 29/58 | €516,735 | €485,227 | -€31,508 | -6.1% |
| Stocks and contracts in progress | 3 | €96,312 | €102,895 | +€6,583 | +6.8% |
| Stocks | 30/36 | - | €102,895 | +€102,895 | |
| Contracts in progress | 37 | €96,312 | - | -€96,312 | |
| Amounts receivable within one year | 40/41 | €339,623 | €291,187 | -€48,436 | -14.3% |
| Trade receivables | 40 | €327,704 | €280,860 | -€46,844 | -14.3% |
| Other amounts receivable | 41 | €11,919 | €10,327 | -€1,592 | -13.4% |
| Cash at bank and in hand | 54/58 | €80,800 | €91,145 | +€10,345 | +12.8% |
| Total equity and liabilities | 10/49 | €818,985 | €487,477 | -€331,508 | -40.5% |
| Equity | 10/15 | €152,664 | €167,967 | +€15,303 | +10.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €134,064 | €149,367 | +€15,303 | +11.4% |
| Amounts payable | 17/49 | €666,321 | €319,510 | -€346,811 | -52.0% |
| Amounts payable after more than one year | 17 | €70,000 | €70,000 | = | 0.0% |
| Financial debts | 170/4 | €70,000 | €70,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €596,321 | €249,510 | -€346,811 | -58.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €30,973 | - | -€30,973 | |
| Credit institutions | 430/8 | €30,973 | - | -€30,973 | |
| Trade debts | 44 | €222,814 | €116,323 | -€106,491 | -47.8% |
| Suppliers | 440/4 | €222,814 | €116,323 | -€106,491 | -47.8% |
| Taxes, remuneration and social security | 45 | €12,935 | €1,938 | -€10,997 | -85.0% |
| Taxes | 450/3 | €12,935 | €1,938 | -€10,997 | -85.0% |
| Other amounts payable | 47/48 | €329,599 | €131,249 | -€198,350 | -60.2% |
| Turnover | 70 | €101,125 | €1,955,768 | +€1.9m | +1834.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,040,671 | €1,920,608 | +€879,937 | +84.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,075 | - | -€8,075 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €20,287 | - | -€20,287 | |
| Other operating charges | 640/8 | €8,359 | €17,207 | +€8,848 | +105.8% |
| Gross operating margin | 9900 | €60,454 | €35,160 | -€25,294 | -41.8% |
| Operating profit (loss) | 9901 | €23,733 | €17,953 | -€5,780 | -24.4% |
| Financial income | 75/76B | €7,572 | €153 | -€7,419 | -98.0% |
| Recurring financial income | 75 | €7,572 | €153 | -€7,419 | -98.0% |
| Financial charges | 65/66B | €1,721 | €2,803 | +€1,082 | +62.9% |
| Recurring financial charges | 65 | €1,721 | €2,803 | +€1,082 | +62.9% |
| Profit (loss) for the period before taxes | 9903 | €29,584 | €15,303 | -€14,281 | -48.3% |
| Income taxes | 67/77 | €4,488 | - | -€4,488 | |
| Profit (loss) for the period | 9904 | €25,096 | €15,303 | -€9,793 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,096 | €15,303 | -€9,793 | -39.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.