Agri L&M: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
Agri L&M
Largest movements
- Stocks and contracts -€88,892
down €88,892 (-48.9%), from €181,789 to €92,897
- Receivables within one year +€39,154
up €39,154 (+33.5%), from €116,908 to €156,063
of which Trade receivables: +€39,104
- Tangible fixed assets +€14,824
up €14,824 (+7.3%), from €202,293 to €217,116
of which Plant, machinery and equipment: +€12,399
- Trade debts -€50,708
down €50,708 (-23.1%), from €219,391 to €168,683
- Reserves +€40,416
up €40,416 (+11.7%), from €345,552 to €385,968
of which Tax-exempt reserves: +€26,492
- Debts after one year -€23,000
down €23,000 (-33.3%), from €69,000 to €46,000
- Taxes -€21,366
down €21,366 (-77.1%), from €27,716 to €6,351
- Depreciation +€14,380
up €14,380 (+25.6%), from €56,115 to €70,495
- Gross operating margin -€11,946
down €11,946 (-8.5%), from €141,152 to €129,206
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €759,693 | €726,620 | -€33,073 | -4.4% |
| Fixed assets | 21/28 | €202,293 | €217,116 | +€14,824 | +7.3% |
| Tangible fixed assets | 22/27 | €202,293 | €217,116 | +€14,824 | +7.3% |
| Plant, machinery and equipment | 23 | €166,101 | €178,500 | +€12,399 | +7.5% |
| Furniture and vehicles | 24 | €36,192 | €38,616 | +€2,425 | +6.7% |
| Current assets | 29/58 | €557,400 | €509,503 | -€47,897 | -8.6% |
| Stocks and contracts in progress | 3 | €181,789 | €92,897 | -€88,892 | -48.9% |
| Stocks | 30/36 | €181,789 | €92,897 | -€88,892 | -48.9% |
| Amounts receivable within one year | 40/41 | €116,908 | €156,063 | +€39,154 | +33.5% |
| Trade receivables | 40 | €116,708 | €155,813 | +€39,104 | +33.5% |
| Other amounts receivable | 41 | €200 | €250 | +€50 | +25.0% |
| Cash at bank and in hand | 54/58 | €258,095 | €259,845 | +€1,750 | +0.7% |
| Deferred charges and accrued income | 490/1 | €607 | €698 | +€91 | +15.0% |
| Total equity and liabilities | 10/49 | €759,693 | €726,620 | -€33,073 | -4.4% |
| Equity | 10/15 | €348,031 | €388,447 | +€40,416 | +11.6% |
| Contributions | 10/11 | €2,479 | €2,479 | = | 0.0% |
| Reserves | 13 | €345,552 | €385,968 | +€40,416 | +11.7% |
| Non-distributable reserves | 130/1 | €248 | €0 | -€248 | -100% |
| Reserves not available under the articles | 1311 | €248 | €0 | -€248 | -100% |
| Tax-exempt reserves | 132 | - | €26,492 | +€26,492 | |
| Distributable reserves | 133 | €345,304 | €359,475 | +€14,171 | +4.1% |
| Provisions and deferred taxes | 16 | - | €6,623 | +€6,623 | |
| Deferred taxes | 168 | - | €6,623 | +€6,623 | |
| Amounts payable | 17/49 | €411,662 | €331,550 | -€80,112 | -19.5% |
| Amounts payable after more than one year | 17 | €69,000 | €46,000 | -€23,000 | -33.3% |
| Financial debts | 170/4 | €69,000 | €46,000 | -€23,000 | -33.3% |
| Amounts payable within one year | 42/48 | €341,662 | €285,550 | -€56,112 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €26,057 | €23,000 | -€3,057 | -11.7% |
| Trade debts | 44 | €219,391 | €168,683 | -€50,708 | -23.1% |
| Suppliers | 440/4 | €219,391 | €168,683 | -€50,708 | -23.1% |
| Taxes, remuneration and social security | 45 | €23,944 | €21,163 | -€2,781 | -11.6% |
| Taxes | 450/3 | €23,944 | €21,163 | -€2,781 | -11.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €72,270 | €72,704 | +€434 | +0.6% |
| Accrued charges and deferred income | 492/3 | €1,000 | €0 | -€1,000 | -100% |
| Non-recurring operating income | 76A | €0 | €33,116 | +€33,116 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,115 | €70,495 | +€14,380 | +25.6% |
| Other operating charges | 640/8 | €665 | €779 | +€114 | +17.2% |
| Non-recurring operating charges | 66A | €148 | €0 | -€148 | -100% |
| Gross operating margin | 9900 | €141,152 | €129,206 | -€11,946 | -8.5% |
| Operating profit (loss) | 9901 | €84,224 | €57,932 | -€26,293 | -31.2% |
| Financial income | 75/76B | €534 | €19 | -€515 | -96.5% |
| Recurring financial income | 75 | €534 | €19 | -€515 | -96.5% |
| Financial charges | 65/66B | €4,140 | €4,561 | +€421 | +10.2% |
| Recurring financial charges | 65 | €4,140 | €4,561 | +€421 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | €80,618 | €53,389 | -€27,229 | -33.8% |
| Transfer to deferred taxes | 680 | - | €6,623 | +€6,623 | |
| Income taxes | 67/77 | €27,716 | €6,351 | -€21,366 | -77.1% |
| Profit (loss) for the period | 9904 | €52,902 | €40,416 | -€12,486 | -23.6% |
| Transfer to tax-exempt reserves | 689 | - | €26,492 | +€26,492 | |
| Profit (loss) for the period to be appropriated | 9905 | €52,902 | €13,923 | -€38,979 | -73.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.