AGRI-ACTIV: 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
AGRI-ACTIV
NACE 46.216, Wholesale of agricultural produce and animal feed, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€760,197
2024 · -€636,331-€123,866
Equity
€6.0m
2024 · €6.8m-€762,931
Cash
€123,308
2024 · €179,564-€56,256
Balance sheet total
€10.4m
2024 · €11.0m-€616,498
Largest movements
Assets
- Receivables within one year -€1.1m
down €1.1m (-18.8%), from €5.9m to €4.8m
of which Trade receivables: -€728,065
- Stocks and contracts +€365,360
up €365,360 (+11.8%), from €3.1m to €3.5m
- Deferred charges and accrued income +€131,822
up €131,822 (+30.7%), from €429,149 to €560,971
Equity and liabilities
- Profit (loss) carried forward -€760,197
down €760,197 (-74.1%), from -€1.0m to -€1.8m
Income statement
- Goods and materials -€2.9m
down €2.9m (-10.6%), from €27.5m to €24.5m
of which Purchases: -€2.7m
- Turnover -€1.8m
down €1.8m (-5.7%), from €30.7m to €28.9m
- Services and other goods +€1.1m
up €1.1m (+51.0%), from €2.1m to €3.2m
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
-€636,331
Turnover
-€1.8m
Other operating income
+€35,018
Goods and materials
+€2.9m
Services and other goods
-€1.1m
Staff costs
+€30,458
Depreciation
-€3,852
Write-downs
-€292,588
Provisions
-€131,700
Other operating charges
+€694
Other operating items
+€18,728
Financial income
+€42,658
Financial charges
+€98,312
Taxes
-€3,156
Result 2025
-€760,197
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
+€107,460
Investment
-€160,982
Financing
-€2,734
Cash 2024
€179,564
From operations (derived)
+€107,460
Net result for the year
-€760,197
Depreciation
+€108,474
Stocks and contracts
-€365,360
Receivables within one year
+€1.1m
Deferred charges and accrued income
-€131,822
Trade debts
+€73,792
Tax, wage and social debts
-€10,655
Accrued charges and deferred income
+€83,296
Investment (derived)
-€160,982
Investment in fixed assets (net)
-€160,982
Financing
-€2,734
Contributions, distributions and other
-€2,734
Cash 2025
€123,308
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,037,796 | €10,421,298 | -€616,498 | -5.6% |
| Fixed assets | 21/28 | €1,418,906 | €1,471,414 | +€52,508 | +3.7% |
| Intangible fixed assets | 21 | €29,667 | €57,567 | +€27,900 | +94.0% |
| Tangible fixed assets | 22/27 | €1,085,494 | €1,009,110 | -€76,384 | -7.0% |
| Land and buildings | 22 | €927,907 | €870,984 | -€56,923 | -6.1% |
| Plant, machinery and equipment | 23 | €146,262 | €138,126 | -€8,136 | -5.6% |
| Furniture and vehicles | 24 | €11,325 | €0 | -€11,325 | -100% |
| Financial fixed assets | 28 | €303,745 | €404,737 | +€100,992 | +33.2% |
| Other financial fixed assets | 284/8 | €303,745 | €404,737 | +€100,992 | +33.2% |
| Shares | 284 | €121,537 | €121,537 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €182,208 | €283,200 | +€100,992 | +55.4% |
| Current assets | 29/58 | €9,618,890 | €8,949,884 | -€669,006 | -7.0% |
| Stocks and contracts in progress | 3 | €3,104,350 | €3,469,710 | +€365,360 | +11.8% |
| Stocks | 30/36 | €3,104,350 | €3,469,710 | +€365,360 | +11.8% |
| Goods purchased for resale | 34 | €3,104,350 | €3,469,710 | +€365,360 | +11.8% |
| Amounts receivable within one year | 40/41 | €5,905,827 | €4,795,895 | -€1.1m | -18.8% |
| Trade receivables | 40 | €3,828,400 | €3,100,335 | -€728,065 | -19.0% |
| Other amounts receivable | 41 | €2,077,427 | €1,695,560 | -€381,867 | -18.4% |
| Cash at bank and in hand | 54/58 | €179,564 | €123,308 | -€56,256 | -31.3% |
| Deferred charges and accrued income | 490/1 | €429,149 | €560,971 | +€131,822 | +30.7% |
| Total equity and liabilities | 10/49 | €11,037,796 | €10,421,298 | -€616,498 | -5.6% |
| Equity | 10/15 | €6,801,330 | €6,038,399 | -€762,931 | -11.2% |
| Contributions | 10/11 | €6,306,217 | €6,306,217 | = | 0.0% |
| Capital | 10 | €6,306,217 | €6,306,217 | = | 0.0% |
| Issued capital | 100 | €6,306,217 | €6,306,217 | = | 0.0% |
| Revaluation surpluses | 12 | €836,544 | €836,544 | = | 0.0% |
| Reserves | 13 | €668,811 | €668,811 | = | 0.0% |
| Non-distributable reserves | 130/1 | €197,506 | €197,506 | = | 0.0% |
| Legal reserve | 130 | €180,622 | €180,622 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,884 | €16,884 | = | 0.0% |
| Tax-exempt reserves | 132 | €94,412 | €94,412 | = | 0.0% |
| Distributable reserves | 133 | €376,893 | €376,893 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,025,472 | -€1,785,669 | -€760,197 | -74.1% |
| Investment grants | 15 | €15,230 | €12,496 | -€2,734 | -18.0% |
| Amounts payable | 17/49 | €4,236,466 | €4,382,899 | +€146,433 | +3.5% |
| Amounts payable within one year | 42/48 | €2,339,020 | €2,402,157 | +€63,137 | +2.7% |
| Trade debts | 44 | €2,129,473 | €2,203,265 | +€73,792 | +3.5% |
| Suppliers | 440/4 | €2,129,473 | €2,203,265 | +€73,792 | +3.5% |
| Taxes, remuneration and social security | 45 | €209,547 | €198,892 | -€10,655 | -5.1% |
| Taxes | 450/3 | €2,500 | €8,587 | +€6,087 | +243% |
| Remuneration and social security | 454/9 | €207,047 | €190,305 | -€16,742 | -8.1% |
| Accrued charges and deferred income | 492/3 | €1,897,446 | €1,980,742 | +€83,296 | +4.4% |
| Operating income | 70/76A | €30,692,063 | €28,972,416 | -€1.7m | -5.6% |
| Turnover | 70 | €30,653,841 | €28,899,176 | -€1.8m | -5.7% |
| Other operating income | 74 | €38,222 | €73,240 | +€35,018 | +91.6% |
| Operating charges | 60/66A | €31,283,739 | €29,825,772 | -€1.5m | -4.7% |
| Goods for resale, raw materials and consumables | 60 | €27,458,305 | €24,534,505 | -€2.9m | -10.6% |
| Purchases | 600/8 | €27,635,110 | €24,899,865 | -€2.7m | -9.9% |
| Change in stocks: decrease (increase) | 609 | -€176,805 | -€365,360 | -€188,555 | -107% |
| Services and other goods | 61 | €2,131,888 | €3,219,461 | +€1.1m | +51.0% |
| Remuneration, social security and pensions | 62 | €1,781,916 | €1,751,458 | -€30,458 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,622 | €108,474 | +€3,852 | +3.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€168,670 | €123,918 | +€292,588 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€131,700 | - | +€131,700 | |
| Other operating charges | 640/8 | €88,650 | €87,956 | -€694 | -0.8% |
| Non-recurring operating charges | 66A | €18,728 | - | -€18,728 | |
| Operating profit (loss) | 9901 | -€591,676 | -€853,356 | -€261,680 | -44.2% |
| Financial income | 75/76B | €77,532 | €120,190 | +€42,658 | +55.0% |
| Recurring financial income | 75 | €77,532 | €120,190 | +€42,658 | +55.0% |
| Income from financial fixed assets | 750 | - | €21,517 | +€21,517 | |
| Income from current assets | 751 | €74,692 | €95,940 | +€21,248 | +28.4% |
| Other financial income | 752/9 | €2,840 | €2,733 | -€107 | -3.8% |
| Financial charges | 65/66B | €120,013 | €21,701 | -€98,312 | -81.9% |
| Recurring financial charges | 65 | €120,013 | €21,701 | -€98,312 | -81.9% |
| Debt charges | 650 | €120,013 | €21,701 | -€98,312 | -81.9% |
| Profit (loss) for the period before taxes | 9903 | -€634,157 | -€754,867 | -€120,710 | -19.0% |
| Income taxes | 67/77 | €2,174 | €5,330 | +€3,156 | +145% |
| Taxes | 670/3 | €2,500 | €5,330 | +€2,830 | +113% |
| Tax adjustments and reversals of tax provisions | 77 | €326 | - | -€326 | |
| Profit (loss) for the period | 9904 | -€636,331 | -€760,197 | -€123,866 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€636,331 | -€760,197 | -€123,866 | -19.5% |
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 20 October 2026 via checked.be.