AGRI MAT: 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 MAT
Largest movements
- Tangible fixed assets -€39,029
down €39,029 (-8.8%), from €441,972 to €402,943
of which Plant, machinery and equipment: -€71,871
- Receivables within one year -€29,053
down €29,053 (-80.4%), from €36,155 to €7,102
of which Other amounts receivable: -€29,492
- Cash -€9,226
down €9,226 (-69.4%), from €13,290 to €4,063
mainly Debts after one year (-€56,905) and Investment in fixed assets (net) (-€41,142)
- Debts after one year -€56,905
down €56,905 (-27.6%), from €206,400 to €149,495
- Other debts +€30,873
up €30,873 (+11.8%), from €262,460 to €293,332
- Trade debts -€25,292
down €25,292 (-75.1%), from €33,682 to €8,390
- Profit (loss) carried forward -€12,066
down €12,066 (-12.6%), from -€95,944 to -€108,010
- Current portion of long-term debt -€11,353
down €11,353 (-16.6%), from €68,258 to €56,905
- Gross operating margin +€37,695
up €37,695 (+40.5%), from €93,013 to €130,708
- Depreciation +€6,871
up €6,871 (+9.4%), from €73,300 to €80,171
- Financial charges +€4,785
up €4,785 (+128%), from €3,747 to €8,532
- Staff costs +€3,270
up €3,270 (+6.6%), from €49,495 to €52,765
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 | €499,314 | €425,477 | -€73,837 | -14.8% |
| Fixed assets | 21/28 | €442,098 | €403,070 | -€39,029 | -8.8% |
| Tangible fixed assets | 22/27 | €441,972 | €402,943 | -€39,029 | -8.8% |
| Plant, machinery and equipment | 23 | €433,555 | €361,684 | -€71,871 | -16.6% |
| Furniture and vehicles | 24 | €8,083 | €41,165 | +€33,082 | +409% |
| Other tangible fixed assets | 26 | €334 | €94 | -€240 | -71.8% |
| Financial fixed assets | 28 | €126 | €126 | = | 0.0% |
| Current assets | 29/58 | €57,216 | €22,407 | -€34,808 | -60.8% |
| Stocks and contracts in progress | 3 | €5,000 | €6,000 | +€1,000 | +20.0% |
| Stocks | 30/36 | €5,000 | €6,000 | +€1,000 | +20.0% |
| Amounts receivable within one year | 40/41 | €36,155 | €7,102 | -€29,053 | -80.4% |
| Trade receivables | 40 | €4,224 | €4,663 | +€439 | +10.4% |
| Other amounts receivable | 41 | €31,931 | €2,439 | -€29,492 | -92.4% |
| Cash at bank and in hand | 54/58 | €13,290 | €4,063 | -€9,226 | -69.4% |
| Deferred charges and accrued income | 490/1 | €2,771 | €5,242 | +€2,471 | +89.2% |
| Total equity and liabilities | 10/49 | €499,314 | €425,477 | -€73,837 | -14.8% |
| Equity | 10/15 | -€75,484 | -€87,550 | -€12,066 | -16.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€95,944 | -€108,010 | -€12,066 | -12.6% |
| Amounts payable | 17/49 | €574,798 | €513,027 | -€61,771 | -10.7% |
| Amounts payable after more than one year | 17 | €206,400 | €149,495 | -€56,905 | -27.6% |
| Financial debts | 170/4 | €206,400 | €149,495 | -€56,905 | -27.6% |
| Amounts payable within one year | 42/48 | €368,399 | €363,532 | -€4,866 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €68,258 | €56,905 | -€11,353 | -16.6% |
| Trade debts | 44 | €33,682 | €8,390 | -€25,292 | -75.1% |
| Suppliers | 440/4 | €33,682 | €8,390 | -€25,292 | -75.1% |
| Taxes, remuneration and social security | 45 | €3,999 | €4,905 | +€905 | +22.6% |
| Taxes | 450/3 | €112 | €900 | +€788 | +706% |
| Remuneration and social security | 454/9 | €3,888 | €4,005 | +€117 | +3.0% |
| Other amounts payable | 47/48 | €262,460 | €293,332 | +€30,873 | +11.8% |
| Remuneration, social security and pensions | 62 | €49,495 | €52,765 | +€3,270 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,300 | €80,171 | +€6,871 | +9.4% |
| Other operating charges | 640/8 | €839 | €1,117 | +€279 | +33.2% |
| Gross operating margin | 9900 | €93,013 | €130,708 | +€37,695 | +40.5% |
| Operating profit (loss) | 9901 | -€30,620 | -€3,345 | +€27,275 | +89.1% |
| Financial income | 75/76B | €1,027 | €5 | -€1,022 | -99.5% |
| Recurring financial income | 75 | €1,027 | €5 | -€1,022 | -99.5% |
| Financial charges | 65/66B | €3,747 | €8,532 | +€4,785 | +128% |
| Recurring financial charges | 65 | €3,747 | €8,532 | +€4,785 | +128% |
| Profit (loss) for the period before taxes | 9903 | -€33,341 | -€11,872 | +€21,469 | +64.4% |
| Income taxes | 67/77 | €112 | €194 | +€83 | +74.1% |
| Profit (loss) for the period | 9904 | -€33,452 | -€12,066 | +€21,387 | +63.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,452 | -€12,066 | +€21,387 | +63.9% |
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 16 October 2026 via checked.be.