Agri RULKIN: 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 RULKIN
Largest movements
- Tangible fixed assets +€118,498
up €118,498 (+39.7%), from €298,646 to €417,144
of which Plant, machinery and equipment: +€113,799
- Cash -€32,932
down €32,932 (-34.3%), from €96,036 to €63,104
mainly Investment in fixed assets (net) (-€148,704) and Receivables within one year (-€30,520)
- Receivables within one year +€30,520
up €30,520 (+162%), from €18,824 to €49,343
of which Trade receivables: +€21,753
- Deferred charges and accrued income -€6,564
down €6,564 (-72.0%), from €9,120 to €2,556
- Reserves +€93,999
new in 2025: €93,999
- Provisions +€31,333
new in 2025: €31,333
- Trade debts -€10,608
down €10,608 (-94.6%), from €11,212 to €605
- Other debts -€8,021
down €8,021 (-2.9%), from €274,854 to €266,833
- Gross operating margin +€144,174
up €144,174 (+903%), from €15,970 to €160,144
- Depreciation +€8,563
up €8,563 (+39.6%), from €21,644 to €30,207
- Other operating charges -€1,708
down €1,708 (-47.8%), from €3,577 to €1,869
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 | €439,609 | €547,837 | +€108,228 | +24.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €298,665 | €417,163 | +€118,498 | +39.7% |
| Tangible fixed assets | 22/27 | €298,646 | €417,144 | +€118,498 | +39.7% |
| Land and buildings | 22 | €115,894 | €101,953 | -€13,941 | -12.0% |
| Plant, machinery and equipment | 23 | €62,427 | €176,227 | +€113,799 | +182% |
| Furniture and vehicles | 24 | €120,325 | €138,965 | +€18,640 | +15.5% |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €140,944 | €130,674 | -€10,270 | -7.3% |
| Stocks and contracts in progress | 3 | €16,964 | €15,670 | -€1,294 | -7.6% |
| Stocks | 30/36 | €16,964 | €15,670 | -€1,294 | -7.6% |
| Amounts receivable within one year | 40/41 | €18,824 | €49,343 | +€30,520 | +162% |
| Trade receivables | 40 | €18,604 | €40,357 | +€21,753 | +117% |
| Other amounts receivable | 41 | €220 | €8,986 | +€8,766 | +3,985% |
| Cash at bank and in hand | 54/58 | €96,036 | €63,104 | -€32,932 | -34.3% |
| Deferred charges and accrued income | 490/1 | €9,120 | €2,556 | -€6,564 | -72.0% |
| Total equity and liabilities | 10/49 | €439,609 | €547,837 | +€108,228 | +24.6% |
| Equity | 10/15 | €152,361 | €249,039 | +€96,678 | +63.5% |
| Contributions | 10/11 | €235,305 | €235,305 | = | 0.0% |
| Reserves | 13 | - | €93,999 | +€93,999 | |
| Tax-exempt reserves | 132 | - | €93,999 | +€93,999 | |
| Profit (loss) carried forward | 14 | -€82,944 | -€80,264 | +€2,679 | +3.2% |
| Provisions and deferred taxes | 16 | - | €31,333 | +€31,333 | |
| Deferred taxes | 168 | - | €31,333 | +€31,333 | |
| Amounts payable | 17/49 | €287,247 | €267,464 | -€19,783 | -6.9% |
| Amounts payable after more than one year | 17 | - | €0 | = | |
| Financial debts | 170/4 | - | €0 | = | |
| Amounts payable within one year | 42/48 | €287,247 | €267,464 | -€19,783 | -6.9% |
| Trade debts | 44 | €11,212 | €605 | -€10,608 | -94.6% |
| Suppliers | 440/4 | €11,212 | €605 | -€10,608 | -94.6% |
| Taxes, remuneration and social security | 45 | €1,181 | €27 | -€1,154 | -97.7% |
| Taxes | 450/3 | €1,181 | €27 | -€1,154 | -97.7% |
| Other amounts payable | 47/48 | €274,854 | €266,833 | -€8,021 | -2.9% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,644 | €30,207 | +€8,563 | +39.6% |
| Other operating charges | 640/8 | €3,577 | €1,869 | -€1,708 | -47.8% |
| Gross operating margin | 9900 | €15,970 | €160,144 | +€144,174 | +903% |
| Operating profit (loss) | 9901 | -€9,251 | €128,069 | +€137,320 | |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €79 | €65 | -€14 | -17.9% |
| Recurring financial charges | 65 | €79 | €65 | -€14 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,330 | €128,011 | +€137,341 | |
| Transfer from deferred taxes | 780 | - | €1,649 | +€1,649 | |
| Transfer to deferred taxes | 680 | - | €32,982 | +€32,982 | |
| Profit (loss) for the period | 9904 | -€9,330 | €96,678 | +€106,008 | |
| Transfer from tax-exempt reserves | 789 | - | €4,947 | +€4,947 | |
| Transfer to tax-exempt reserves | 689 | - | €98,946 | +€98,946 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,330 | €2,679 | +€12,009 |
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.