AGRI - DEC: 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.
AGRI - DEC
Largest movements
- Cash +€116,301
up €116,301 (+222.0%), from €52,397 to €168,698
mainly Depreciation (+€186,066) and Net result for the year (+€127,800)
- Tangible fixed assets +€83,783
up €83,783 (+12.0%), from €697,385 to €781,168
of which Plant, machinery and equipment: +€138,935
- Profit (loss) carried forward +€90,935
up €90,935 (+34.1%), from €266,379 to €357,313
- Debts after one year +€70,173
up €70,173 (+39.2%), from €178,917 to €249,090
- Reserves +€36,865
up €36,865 (+19.3%), from €191,229 to €228,094
of which Tax-exempt reserves: +€36,865
- Short-term financial debts -€30,000
down €30,000 (-60.0%), from €50,000 to €20,000
- Tax, wage and social debts +€13,392
up €13,392 (+62.7%), from €21,357 to €34,749
of which Taxes: +€12,741
- Turnover +€213,055
up €213,055 (+35.8%), from €594,514 to €807,569
- Gross operating margin +€184,650
up €184,650 (+62.5%), from €295,609 to €480,259
- Purchases and services +€95,826
up €95,826 (+29.9%), from €320,833 to €416,659
- Staff costs +€50,349
up €50,349 (+62.7%), from €80,346 to €130,695
- Taxes +€10,227
up €10,227 (+835.4%), from €1,224 to €11,451
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €926,545 | €1,120,147 | +€193,602 | +20.9% |
| Fixed assets | 21/28 | €697,910 | €781,828 | +€83,918 | +12.0% |
| Tangible fixed assets | 22/27 | €697,385 | €781,168 | +€83,783 | +12.0% |
| Land and buildings | 22 | €1,904 | €814 | -€1,090 | -57.3% |
| Plant, machinery and equipment | 23 | €564,181 | €703,116 | +€138,935 | +24.6% |
| Furniture and vehicles | 24 | €36,998 | €22,000 | -€14,998 | -40.5% |
| Leasing and similar rights | 25 | €94,302 | €55,238 | -€39,064 | -41.4% |
| Financial fixed assets | 28 | €525 | €660 | +€135 | +25.7% |
| Current assets | 29/58 | €228,635 | €338,318 | +€109,684 | +48.0% |
| Stocks and contracts in progress | 3 | €3,441 | €861 | -€2,580 | -75.0% |
| Stocks | 30/36 | €3,441 | €861 | -€2,580 | -75.0% |
| Amounts receivable within one year | 40/41 | €163,446 | €156,271 | -€7,175 | -4.4% |
| Trade receivables | 40 | €128,682 | €125,304 | -€3,378 | -2.6% |
| Other amounts receivable | 41 | €34,765 | €30,967 | -€3,798 | -10.9% |
| Cash at bank and in hand | 54/58 | €52,397 | €168,698 | +€116,301 | +222.0% |
| Deferred charges and accrued income | 490/1 | €9,351 | €12,489 | +€3,138 | +33.6% |
| Total equity and liabilities | 10/49 | €926,545 | €1,120,147 | +€193,602 | +20.9% |
| Equity | 10/15 | €482,211 | €606,351 | +€124,140 | +25.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €191,229 | €228,094 | +€36,865 | +19.3% |
| Non-distributable reserves | 130/1 | €5,950 | €5,950 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,950 | €5,950 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,925 | €43,790 | +€36,865 | +532.4% |
| Distributable reserves | 133 | €178,354 | €178,354 | = | 0.0% |
| Profit (loss) carried forward | 14 | €266,379 | €357,313 | +€90,935 | +34.1% |
| Investment grants | 15 | €6,003 | €2,344 | -€3,660 | -61.0% |
| Provisions and deferred taxes | 16 | - | €12,288 | +€12,288 | |
| Deferred taxes | 168 | - | €12,288 | +€12,288 | |
| Amounts payable | 17/49 | €444,334 | €501,507 | +€57,173 | +12.9% |
| Amounts payable after more than one year | 17 | €178,917 | €249,090 | +€70,173 | +39.2% |
| Financial debts | 170/4 | €178,917 | €249,090 | +€70,173 | +39.2% |
| Amounts payable within one year | 42/48 | €264,120 | €252,262 | -€11,857 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €139,190 | €145,677 | +€6,487 | +4.7% |
| Financial debts | 43 | €50,000 | €20,000 | -€30,000 | -60.0% |
| Credit institutions | 430/8 | €50,000 | €20,000 | -€30,000 | -60.0% |
| Trade debts | 44 | €53,572 | €51,836 | -€1,736 | -3.2% |
| Suppliers | 440/4 | €53,572 | €51,836 | -€1,736 | -3.2% |
| Taxes, remuneration and social security | 45 | €21,357 | €34,749 | +€13,392 | +62.7% |
| Taxes | 450/3 | €12,552 | €25,294 | +€12,741 | +101.5% |
| Remuneration and social security | 454/9 | €8,805 | €9,455 | +€650 | +7.4% |
| Accrued charges and deferred income | 492/3 | €1,297 | €155 | -€1,142 | -88.1% |
| Turnover | 70 | €594,514 | €807,569 | +€213,055 | +35.8% |
| Non-recurring operating income | 76A | - | €51,793 | +€51,793 | |
| Goods, raw materials, services and sundry goods | 60/61 | €320,833 | €416,659 | +€95,826 | +29.9% |
| Remuneration, social security and pensions | 62 | €80,346 | €130,695 | +€50,349 | +62.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €182,444 | €186,066 | +€3,622 | +2.0% |
| Other operating charges | 640/8 | €2,880 | €3,554 | +€673 | +23.4% |
| Gross operating margin | 9900 | €295,609 | €480,259 | +€184,650 | +62.5% |
| Operating profit (loss) | 9901 | €29,939 | €159,944 | +€130,006 | +434.2% |
| Financial income | 75/76B | €3,660 | €3,660 | -€0 | 0.0% |
| Recurring financial income | 75 | €3,660 | €3,660 | -€0 | 0.0% |
| Financial charges | 65/66B | €12,827 | €12,064 | -€763 | -5.9% |
| Recurring financial charges | 65 | €12,827 | €12,064 | -€763 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €20,771 | €151,540 | +€130,768 | +629.6% |
| Transfer from deferred taxes | 780 | - | €660 | +€660 | |
| Transfer to deferred taxes | 680 | - | €12,948 | +€12,948 | |
| Income taxes | 67/77 | €1,224 | €11,451 | +€10,227 | +835.4% |
| Profit (loss) for the period | 9904 | €19,547 | €127,800 | +€108,253 | +553.8% |
| Transfer from tax-exempt reserves | 789 | - | €1,980 | +€1,980 | |
| Transfer to tax-exempt reserves | 689 | - | €38,845 | +€38,845 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,547 | €90,935 | +€71,387 | +365.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.