AGRI LETIHON: 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 LETIHON
Largest movements
- Deferred charges and accrued income -€46,310
down €46,310 (-86.3%), from €53,677 to €7,366
- Receivables within one year +€28,232
up €28,232 (+150%), from €18,812 to €47,044
of which Trade receivables: +€23,613
- Stocks and contracts -€15,206
down €15,206 (-17.0%), from €89,483 to €74,276
- Accrued charges and deferred income -€31,965
down €31,965 (-98.2%), from €32,559 to €593
- Other debts -€31,541
down €31,541 (-12.7%), from €249,138 to €217,598
- Profit (loss) carried forward +€20,665
up €20,665 (+33.3%), from -€62,118 to -€41,453
- Trade debts +€20,392
up €20,392 (+141%), from €14,416 to €34,808
- Debts after one year -€17,500
down €17,500 (-23.7%), from €73,750 to €56,250
- Gross operating margin -€18,529
down €18,529 (-26.0%), from €71,180 to €52,651
- Staff costs +€965
up €965 (+7.7%), from €12,530 to €13,495
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €347,347 | €309,345 | -€38,003 | -10.9% |
| Fixed assets | 21/28 | €183,645 | €180,658 | -€2,986 | -1.6% |
| Tangible fixed assets | 22/27 | €183,645 | €180,658 | -€2,986 | -1.6% |
| Land and buildings | 22 | €181,214 | €178,923 | -€2,290 | -1.3% |
| Plant, machinery and equipment | 23 | €2,395 | €1,735 | -€660 | -27.6% |
| Furniture and vehicles | 24 | €36 | €0 | -€36 | -100% |
| Current assets | 29/58 | €163,703 | €128,687 | -€35,016 | -21.4% |
| Stocks and contracts in progress | 3 | €89,483 | €74,276 | -€15,206 | -17.0% |
| Stocks | 30/36 | €89,483 | €74,276 | -€15,206 | -17.0% |
| Amounts receivable within one year | 40/41 | €18,812 | €47,044 | +€28,232 | +150% |
| Trade receivables | 40 | €18,757 | €42,370 | +€23,613 | +126% |
| Other amounts receivable | 41 | €54 | €4,674 | +€4,619 | +8,480% |
| Cash at bank and in hand | 54/58 | €1,732 | €0 | -€1,732 | -100% |
| Deferred charges and accrued income | 490/1 | €53,677 | €7,366 | -€46,310 | -86.3% |
| Total equity and liabilities | 10/49 | €347,347 | €309,345 | -€38,003 | -10.9% |
| Equity | 10/15 | -€41,891 | -€21,226 | +€20,665 | +49.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €227 | €227 | = | 0.0% |
| Distributable reserves | 133 | €227 | €227 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,118 | -€41,453 | +€20,665 | +33.3% |
| Amounts payable | 17/49 | €389,239 | €330,571 | -€58,668 | -15.1% |
| Amounts payable after more than one year | 17 | €73,750 | €56,250 | -€17,500 | -23.7% |
| Financial debts | 170/4 | €73,750 | €56,250 | -€17,500 | -23.7% |
| Amounts payable within one year | 42/48 | €282,930 | €273,728 | -€9,202 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €17,500 | €17,500 | = | 0.0% |
| Financial debts | 43 | - | €1,799 | +€1,799 | |
| Credit institutions | 430/8 | - | €1,799 | +€1,799 | |
| Trade debts | 44 | €14,416 | €34,808 | +€20,392 | +141% |
| Suppliers | 440/4 | €14,416 | €34,808 | +€20,392 | +141% |
| Taxes, remuneration and social security | 45 | €1,876 | €2,024 | +€148 | +7.9% |
| Taxes | 450/3 | €42 | €0 | -€42 | -100% |
| Remuneration and social security | 454/9 | €1,834 | €2,024 | +€190 | +10.3% |
| Other amounts payable | 47/48 | €249,138 | €217,598 | -€31,541 | -12.7% |
| Accrued charges and deferred income | 492/3 | €32,559 | €593 | -€31,965 | -98.2% |
| Remuneration, social security and pensions | 62 | €12,530 | €13,495 | +€965 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,123 | €12,727 | -€396 | -3.0% |
| Other operating charges | 640/8 | €1,531 | €1,486 | -€45 | -3.0% |
| Gross operating margin | 9900 | €71,180 | €52,651 | -€18,529 | -26.0% |
| Operating profit (loss) | 9901 | €43,996 | €24,943 | -€19,053 | -43.3% |
| Financial income | 75/76B | €183 | €0 | -€183 | -100.0% |
| Recurring financial income | 75 | €183 | €0 | -€183 | -100.0% |
| Financial charges | 65/66B | €4,549 | €4,277 | -€272 | -6.0% |
| Recurring financial charges | 65 | €4,549 | €4,277 | -€272 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €39,629 | €20,665 | -€18,964 | -47.9% |
| Profit (loss) for the period | 9904 | €39,629 | €20,665 | -€18,964 | -47.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,629 | €20,665 | -€18,964 | -47.9% |
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 30 October 2026 via checked.be.