AGRI MARCHAL: what changed
AGRI MARCHAL
Largest movements
- Tangible fixed assets -€29,713
down €29,713 (-25.1%), from €118,487 to €88,774
of which Furniture and vehicles: -€26,262
- Cash +€29,562
up €29,562 (+97.8%), from €30,232 to €59,794
mainly Depreciation (+€52,065) and Net result for the year (+€17,118)
- Stocks and contracts -€10,641
down €10,641 (-13.6%), from €78,494 to €67,853
- Receivables within one year +€6,890
up €6,890 (+19.4%), from €35,568 to €42,458
of which Trade receivables: +€8,351
- Reserves +€17,118
up €17,118 (+37.0%), from €46,294 to €63,411
- Debts after one year -€12,036
down €12,036 (-28.4%), from €42,447 to €30,411
- Other debts -€11,659
down €11,659 (-8.7%), from €133,721 to €122,062
- Tax, wage and social debts +€6,272
new in 2025: €6,272
- Investment grants +€3,674
new in 2025: €3,674
- Gross operating margin +€27,517
up €27,517 (+58.6%), from €46,929 to €74,446
- Taxes +€4,785
up €4,785 (+19,123%), from €25 to €4,810
- Depreciation +€3,420
up €3,420 (+7.0%), from €48,645 to €52,065
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 | €267,921 | €269,033 | +€1,111 | +0.4% |
| Fixed assets | 21/28 | €118,487 | €91,309 | -€27,178 | -22.9% |
| Intangible fixed assets | 21 | - | €2,535 | +€2,535 | |
| Tangible fixed assets | 22/27 | €118,487 | €88,774 | -€29,713 | -25.1% |
| Plant, machinery and equipment | 23 | €31,462 | €28,011 | -€3,451 | -11.0% |
| Furniture and vehicles | 24 | €87,025 | €60,763 | -€26,262 | -30.2% |
| Current assets | 29/58 | €149,434 | €177,724 | +€28,289 | +18.9% |
| Stocks and contracts in progress | 3 | €78,494 | €67,853 | -€10,641 | -13.6% |
| Stocks | 30/36 | €78,494 | €67,853 | -€10,641 | -13.6% |
| Amounts receivable within one year | 40/41 | €35,568 | €42,458 | +€6,890 | +19.4% |
| Trade receivables | 40 | €34,108 | €42,458 | +€8,351 | +24.5% |
| Other amounts receivable | 41 | €1,460 | - | -€1,460 | |
| Cash at bank and in hand | 54/58 | €30,232 | €59,794 | +€29,562 | +97.8% |
| Deferred charges and accrued income | 490/1 | €5,140 | €7,618 | +€2,478 | +48.2% |
| Total equity and liabilities | 10/49 | €267,921 | €269,033 | +€1,111 | +0.4% |
| Equity | 10/15 | €53,794 | €74,585 | +€20,791 | +38.6% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €46,294 | €63,411 | +€17,118 | +37.0% |
| Distributable reserves | 133 | €46,294 | €63,411 | +€17,118 | +37.0% |
| Investment grants | 15 | - | €3,674 | +€3,674 | |
| Amounts payable | 17/49 | €214,127 | €194,447 | -€19,680 | -9.2% |
| Amounts payable after more than one year | 17 | €42,447 | €30,411 | -€12,036 | -28.4% |
| Financial debts | 170/4 | €42,447 | €30,411 | -€12,036 | -28.4% |
| Amounts payable within one year | 42/48 | €170,089 | €163,789 | -€6,300 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €11,963 | €12,036 | +€73 | +0.6% |
| Trade debts | 44 | €23,133 | €23,419 | +€286 | +1.2% |
| Suppliers | 440/4 | €23,133 | €23,419 | +€286 | +1.2% |
| Advances received on contracts in progress | 46 | €1,272 | - | -€1,272 | |
| Taxes, remuneration and social security | 45 | - | €6,272 | +€6,272 | |
| Taxes | 450/3 | - | €6,272 | +€6,272 | |
| Other amounts payable | 47/48 | €133,721 | €122,062 | -€11,659 | -8.7% |
| Accrued charges and deferred income | 492/3 | €1,591 | €247 | -€1,344 | -84.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,645 | €52,065 | +€3,420 | +7.0% |
| Other operating charges | 640/8 | €527 | €652 | +€124 | +23.6% |
| Gross operating margin | 9900 | €46,929 | €74,446 | +€27,517 | +58.6% |
| Operating profit (loss) | 9901 | -€2,243 | €21,729 | +€23,972 | |
| Financial income | 75/76B | €725 | €728 | +€4 | +0.5% |
| Recurring financial income | 75 | €725 | €728 | +€4 | +0.5% |
| Financial charges | 65/66B | €604 | €531 | -€74 | -12.2% |
| Recurring financial charges | 65 | €604 | €531 | -€74 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,123 | €21,927 | +€24,050 | |
| Income taxes | 67/77 | €25 | €4,810 | +€4,785 | +19,123% |
| Profit (loss) for the period | 9904 | -€2,148 | €17,118 | +€19,265 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,148 | €17,118 | +€19,265 |
Next steps
Calculation and sources
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 4 November 2026 via checked.be.