AGRI CONSTRUCT: 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.
AGRI CONSTRUCT
Largest movements
- Tangible fixed assets +€35,833
up €35,833 (+2,241%), from €1,599 to €37,432
of which Furniture and vehicles: +€36,229
- Receivables within one year -€33,453
down €33,453 (-28.3%), from €118,164 to €84,711
of which Trade receivables: -€28,052
- Cash -€19,161
down €19,161 (-95.0%), from €20,173 to €1,012
mainly Investment in fixed assets (net) (-€49,839) and Short-term financial debts (-€21,500)
- Stocks and contracts +€2,256
up €2,256 (+6.8%), from €33,309 to €35,565
- Debts after one year +€29,125
new in 2024: €29,125
- Short-term financial debts -€21,500
down €21,500 (-53.1%), from €40,500 to €19,000
- Profit (loss) carried forward -€14,966
down €14,966 (-41.4%), from €36,155 to €21,189
- Trade debts -€14,449
down €14,449 (-24.9%), from €58,005 to €43,557
- Current portion of long-term debt +€5,889
up €5,889 (+166%), from €3,544 to €9,433
- Staff costs -€49,418
down €49,418 (-57.8%), from €85,541 to €36,123
- Gross operating margin -€33,382
down €33,382 (-43.4%), from €76,978 to €43,596
- Financial charges +€4,106
up €4,106 (+196%), from €2,091 to €6,197
- Depreciation -€1,538
down €1,538 (-9.9%), from €15,545 to €14,007
- Financial income -€1,411
down €1,411 (-76.7%), from €1,840 to €429
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €173,845 | €159,320 | -€14,525 | -8.4% |
| Fixed assets | 21/28 | €2,199 | €38,032 | +€35,833 | +1,629% |
| Tangible fixed assets | 22/27 | €1,599 | €37,432 | +€35,833 | +2,241% |
| Plant, machinery and equipment | 23 | €1,599 | €1,203 | -€396 | -24.8% |
| Furniture and vehicles | 24 | - | €36,229 | +€36,229 | |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €171,645 | €121,288 | -€50,357 | -29.3% |
| Stocks and contracts in progress | 3 | €33,309 | €35,565 | +€2,256 | +6.8% |
| Stocks | 30/36 | €33,309 | €35,565 | +€2,256 | +6.8% |
| Amounts receivable within one year | 40/41 | €118,164 | €84,711 | -€33,453 | -28.3% |
| Trade receivables | 40 | €95,843 | €67,790 | -€28,052 | -29.3% |
| Other amounts receivable | 41 | €22,321 | €16,921 | -€5,400 | -24.2% |
| Cash at bank and in hand | 54/58 | €20,173 | €1,012 | -€19,161 | -95.0% |
| Total equity and liabilities | 10/49 | €173,845 | €159,320 | -€14,525 | -8.4% |
| Equity | 10/15 | €56,555 | €41,589 | -€14,966 | -26.5% |
| Contributions | 10/11 | €20,400 | €20,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,155 | €21,189 | -€14,966 | -41.4% |
| Amounts payable | 17/49 | €117,290 | €117,731 | +€441 | +0.4% |
| Amounts payable after more than one year | 17 | - | €29,125 | +€29,125 | |
| Financial debts | 170/4 | - | €29,125 | +€29,125 | |
| Amounts payable within one year | 42/48 | €117,290 | €88,606 | -€28,684 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €3,544 | €9,433 | +€5,889 | +166% |
| Financial debts | 43 | €40,500 | €19,000 | -€21,500 | -53.1% |
| Credit institutions | 430/8 | €40,500 | €19,000 | -€21,500 | -53.1% |
| Trade debts | 44 | €58,005 | €43,557 | -€14,449 | -24.9% |
| Suppliers | 440/4 | €58,005 | €43,557 | -€14,449 | -24.9% |
| Taxes, remuneration and social security | 45 | €15,240 | €16,316 | +€1,075 | +7.1% |
| Taxes | 450/3 | €11,502 | €7,390 | -€4,112 | -35.8% |
| Remuneration and social security | 454/9 | €3,738 | €8,926 | +€5,188 | +139% |
| Other amounts payable | 47/48 | - | €300 | +€300 | |
| Remuneration, social security and pensions | 62 | €85,541 | €36,123 | -€49,418 | -57.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,545 | €14,007 | -€1,538 | -9.9% |
| Other operating charges | 640/8 | €1,789 | €1,044 | -€745 | -41.6% |
| Non-recurring operating charges | 66A | - | €1,619 | +€1,619 | |
| Gross operating margin | 9900 | €76,978 | €43,596 | -€33,382 | -43.4% |
| Operating profit (loss) | 9901 | -€25,898 | -€9,198 | +€16,700 | +64.5% |
| Financial income | 75/76B | €1,840 | €429 | -€1,411 | -76.7% |
| Recurring financial income | 75 | €1,840 | €429 | -€1,411 | -76.7% |
| Financial charges | 65/66B | €2,091 | €6,197 | +€4,106 | +196% |
| Recurring financial charges | 65 | €2,091 | €6,197 | +€4,106 | +196% |
| Profit (loss) for the period before taxes | 9903 | -€26,149 | -€14,966 | +€11,183 | +42.8% |
| Income taxes | 67/77 | -€0 | - | +€0 | |
| Profit (loss) for the period | 9904 | -€26,149 | -€14,966 | +€11,183 | +42.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,149 | -€14,966 | +€11,183 | +42.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.