AGRI PROJECTS: 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 PROJECTS
Largest movements
- Receivables within one year +€68,480
up €68,480 (+45.6%), from €150,317 to €218,797
of which Trade receivables: +€71,413
- Reserves +€53,746
up €53,746 (+1.4%), from €3.8m to €3.9m
of which Distributable reserves: +€53,746
- Financial income -€221,463
down €221,463 (-51.7%), from €428,155 to €206,692
- Gross operating margin -€206,085
down €206,085 (-41.9%), from €491,898 to €285,813
- Staff costs +€30,035
up €30,035 (+7.6%), from €394,158 to €424,193
- Taxes -€23,857
down €23,857 (-95.8%), from €24,891 to €1,034
- Financial charges -€5,222
down €5,222 (-31.6%), from €16,516 to €11,293
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,397,990 | €4,429,577 | +€31,588 | +0.7% |
| Fixed assets | 21/28 | €3,840,576 | €3,840,959 | +€383 | 0.0% |
| Tangible fixed assets | 22/27 | €149,415 | €149,798 | +€383 | +0.3% |
| Furniture and vehicles | 24 | €722 | €1,105 | +€383 | +53.1% |
| Other tangible fixed assets | 26 | €148,693 | €148,693 | = | 0.0% |
| Financial fixed assets | 28 | €3,691,161 | €3,691,161 | = | 0.0% |
| Current assets | 29/58 | €557,414 | €588,618 | +€31,204 | +5.6% |
| Amounts receivable within one year | 40/41 | €150,317 | €218,797 | +€68,480 | +45.6% |
| Trade receivables | 40 | €12,838 | €84,251 | +€71,413 | +556.3% |
| Other amounts receivable | 41 | €137,479 | €134,545 | -€2,933 | -2.1% |
| Cash at bank and in hand | 54/58 | €395,446 | €360,277 | -€35,169 | -8.9% |
| Deferred charges and accrued income | 490/1 | €11,651 | €9,545 | -€2,106 | -18.1% |
| Total equity and liabilities | 10/49 | €4,397,990 | €4,429,577 | +€31,588 | +0.7% |
| Equity | 10/15 | €4,026,917 | €4,080,663 | +€53,746 | +1.3% |
| Contributions | 10/11 | €225,000 | €225,000 | = | 0.0% |
| Reserves | 13 | €3,801,917 | €3,855,663 | +€53,746 | +1.4% |
| Non-distributable reserves | 130/1 | €22,500 | €22,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €22,500 | €22,500 | = | 0.0% |
| Distributable reserves | 133 | €3,779,417 | €3,833,163 | +€53,746 | +1.4% |
| Amounts payable | 17/49 | €371,073 | €348,914 | -€22,158 | -6.0% |
| Amounts payable after more than one year | 17 | €226,481 | €199,892 | -€26,589 | -11.7% |
| Financial debts | 170/4 | €226,481 | €199,892 | -€26,589 | -11.7% |
| Amounts payable within one year | 42/48 | €144,216 | €148,685 | +€4,469 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €28,279 | €28,784 | +€505 | +1.8% |
| Trade debts | 44 | €52,585 | €47,369 | -€5,215 | -9.9% |
| Suppliers | 440/4 | €52,585 | €47,369 | -€5,215 | -9.9% |
| Taxes, remuneration and social security | 45 | €63,352 | €72,532 | +€9,180 | +14.5% |
| Taxes | 450/3 | €19,810 | €15,627 | -€4,182 | -21.1% |
| Remuneration and social security | 454/9 | €43,543 | €56,905 | +€13,362 | +30.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €376 | €337 | -€38 | -10.2% |
| Remuneration, social security and pensions | 62 | €394,158 | €424,193 | +€30,035 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €771 | €799 | +€28 | +3.6% |
| Other operating charges | 640/8 | €2,385 | €1,441 | -€945 | -39.6% |
| Gross operating margin | 9900 | €491,898 | €285,813 | -€206,085 | -41.9% |
| Operating profit (loss) | 9901 | €94,584 | -€140,619 | -€235,203 | |
| Financial income | 75/76B | €428,155 | €206,692 | -€221,463 | -51.7% |
| Recurring financial income | 75 | €428,155 | €206,692 | -€221,463 | -51.7% |
| Financial charges | 65/66B | €16,516 | €11,293 | -€5,222 | -31.6% |
| Recurring financial charges | 65 | €16,516 | €11,293 | -€5,222 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €506,224 | €54,780 | -€451,443 | -89.2% |
| Income taxes | 67/77 | €24,891 | €1,034 | -€23,857 | -95.8% |
| Profit (loss) for the period | 9904 | €481,332 | €53,746 | -€427,586 | -88.8% |
| Profit (loss) for the period to be appropriated | 9905 | €481,332 | €53,746 | -€427,586 | -88.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.