AGRI-BRAIVES: 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-BRAIVES
NACE 01.610, Support activities for crop production
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€21,612
2024 · €43,870-€22,258
Equity
€250,014
2024 · €228,403+€21,612
Cash
€27,210
2024 · €192,847-€165,638
Balance sheet total
€911,147
2024 · €1.1m-€206,065
Largest movements
Assets
- Cash -€165,638
down €165,638 (-85.9%), from €192,847 to €27,210
mainly Trade debts (-€144,608) and Investment in fixed assets (net) (-€67,805)
- Tangible fixed assets -€81,996
down €81,996 (-10.0%), from €820,173 to €738,177
of which Plant, machinery and equipment: -€80,701
- Receivables within one year +€41,293
up €41,293 (+41.6%), from €99,184 to €140,477
of which Trade receivables: +€72,017
Equity and liabilities
- Trade debts -€144,608
down €144,608 (-84.6%), from €170,970 to €26,362
- Debts after one year -€58,029
down €58,029 (-16.2%), from €357,911 to €299,883
- Profit (loss) carried forward +€32,112
up €32,112 (+159%), from €20,206 to €52,318
- Current portion of long-term debt -€20,510
down €20,510 (-26.1%), from €78,539 to €58,029
Income statement
- Depreciation +€42,412
up €42,412 (+39.5%), from €107,388 to €149,801
- Gross operating margin -€13,892
down €13,892 (-5.5%), from €253,185 to €239,293
- Financial charges -€5,243
down €5,243 (-33.9%), from €15,466 to €10,222
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
€43,870
Gross operating margin
-€13,892
Staff costs
-€1,011
Depreciation
-€42,412
Other operating charges
+€402
Other operating items
+€1,250
Financial income
-€313
Financial charges
+€5,243
Taxes
-€16
Deferred taxes and other
+€28,490
Result 2025
€21,612
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
-€19,294
Investment
-€67,805
Financing
-€78,539
Cash 2024
€192,847
From operations (derived)
-€19,294
Net result for the year
+€21,612
Depreciation
+€149,801
Receivables within one year
-€41,293
Deferred charges and accrued income
-€275
Provisions
-€3,500
Trade debts
-€144,608
Tax, wage and social debts
-€833
Other debts
-€2,350
Accrued charges and deferred income
+€2,153
Investment (derived)
-€67,805
Investment in fixed assets (net)
-€67,805
Financing
-€78,539
Debts after one year
-€58,029
Current portion of long-term debt
-€20,510
Cash 2025
€27,210
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,117,213 | €911,147 | -€206,065 | -18.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €820,423 | €738,427 | -€81,996 | -10.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €820,173 | €738,177 | -€81,996 | -10.0% |
| Land and buildings | 22 | €12,935 | €11,640 | -€1,294 | -10.0% |
| Plant, machinery and equipment | 23 | €807,238 | €726,537 | -€80,701 | -10.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €296,790 | €172,720 | -€124,070 | -41.8% |
| Amounts receivable within one year | 40/41 | €99,184 | €140,477 | +€41,293 | +41.6% |
| Trade receivables | 40 | €58,854 | €130,871 | +€72,017 | +122% |
| Other amounts receivable | 41 | €40,331 | €9,606 | -€30,724 | -76.2% |
| Cash at bank and in hand | 54/58 | €192,847 | €27,210 | -€165,638 | -85.9% |
| Deferred charges and accrued income | 490/1 | €4,758 | €5,033 | +€275 | +5.8% |
| Total equity and liabilities | 10/49 | €1,117,213 | €911,147 | -€206,065 | -18.4% |
| Equity | 10/15 | €228,403 | €250,014 | +€21,612 | +9.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €146,197 | €135,697 | -€10,500 | -7.2% |
| Non-distributable reserves | 130/1 | €8,144 | €8,144 | = | 0.0% |
| Legal reserve | 130 | €8,144 | €8,144 | = | 0.0% |
| Tax-exempt reserves | 132 | €74,971 | €64,471 | -€10,500 | -14.0% |
| Distributable reserves | 133 | €63,082 | €63,082 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,206 | €52,318 | +€32,112 | +159% |
| Investment grants | 15 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €24,990 | €21,490 | -€3,500 | -14.0% |
| Deferred taxes | 168 | €24,990 | €21,490 | -€3,500 | -14.0% |
| Amounts payable | 17/49 | €863,819 | €639,643 | -€224,177 | -26.0% |
| Amounts payable after more than one year | 17 | €357,911 | €299,883 | -€58,029 | -16.2% |
| Financial debts | 170/4 | €357,911 | €299,883 | -€58,029 | -16.2% |
| Amounts payable within one year | 42/48 | €505,908 | €337,607 | -€168,301 | -33.3% |
| Current portion of amounts payable after more than one year | 42 | €78,539 | €58,029 | -€20,510 | -26.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €170,970 | €26,362 | -€144,608 | -84.6% |
| Suppliers | 440/4 | €170,970 | €26,362 | -€144,608 | -84.6% |
| Taxes, remuneration and social security | 45 | €9,805 | €8,972 | -€833 | -8.5% |
| Taxes | 450/3 | €1,009 | €1,525 | +€515 | +51.1% |
| Remuneration and social security | 454/9 | €8,796 | €7,448 | -€1,348 | -15.3% |
| Other amounts payable | 47/48 | €246,595 | €244,245 | -€2,350 | -1.0% |
| Accrued charges and deferred income | 492/3 | - | €2,153 | +€2,153 | |
| Remuneration, social security and pensions | 62 | €59,058 | €60,069 | +€1,011 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,388 | €149,801 | +€42,412 | +39.5% |
| Other operating charges | 640/8 | €1,658 | €1,257 | -€402 | -24.2% |
| Non-recurring operating charges | 66A | €1,250 | - | -€1,250 | |
| Gross operating margin | 9900 | €253,185 | €239,293 | -€13,892 | -5.5% |
| Operating profit (loss) | 9901 | €83,830 | €28,167 | -€55,663 | -66.4% |
| Financial income | 75/76B | €496 | €184 | -€313 | -63.0% |
| Recurring financial income | 75 | €496 | €184 | -€313 | -63.0% |
| Financial charges | 65/66B | €15,466 | €10,222 | -€5,243 | -33.9% |
| Recurring financial charges | 65 | €15,466 | €10,222 | -€5,243 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €68,860 | €18,128 | -€50,732 | -73.7% |
| Transfer from deferred taxes | 780 | €10 | €3,500 | +€3,490 | +36,511% |
| Transfer to deferred taxes | 680 | €25,000 | - | -€25,000 | |
| Income taxes | 67/77 | €0 | €16 | +€16 | |
| Profit (loss) for the period | 9904 | €43,870 | €21,612 | -€22,258 | -50.7% |
| Transfer from tax-exempt reserves | 789 | €29 | €10,500 | +€10,471 | +36,498% |
| Transfer to tax-exempt reserves | 689 | €75,000 | - | -€75,000 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,102 | €32,112 | +€63,213 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.