AGRI-TECH: 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-TECH
Largest movements
- Receivables within one year +€273,575
up €273,575 (+21.4%), from €1.3m to €1.6m
of which Trade receivables: +€274,021
- Current investments -€250,000
down €250,000 (-100%), from €250,000 to €0
- Stocks and contracts +€110,548
up €110,548 (+13.9%), from €796,577 to €907,125
- Tangible fixed assets +€78,436
up €78,436 (+40.8%), from €192,230 to €270,666
of which Furniture and vehicles: +€76,427
- Cash -€50,817
down €50,817 (-7.5%), from €681,992 to €631,175
mainly Receivables within one year (-€273,575) and Short-term financial debts (-€200,000)
- Reserves +€390,998
up €390,998 (+24.4%), from €1.6m to €2.0m
of which Distributable reserves: +€390,998
- Short-term financial debts -€200,000
down €200,000 (-100%), from €200,000 to €0
- Other debts -€115,877
down €115,877 (-89.6%), from €129,274 to €13,397
- Provisions +€67,019
up €67,019 (+80.0%), from €83,741 to €150,760
- Debts after one year +€40,028
up €40,028 (+60.4%), from €66,274 to €106,301
- Staff costs +€165,383
up €165,383 (+26.9%), from €615,932 to €781,315
- Write-downs +€103,500
up €103,500, from -€36,480 to €67,019
- Taxes -€55,747
down €55,747 (-23.8%), from €234,213 to €178,467
- Depreciation +€27,538
up €27,538 (+38.1%), from €72,328 to €99,865
- Gross operating margin +€24,891
up €24,891 (+1.7%), from €1.5m to €1.5m
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 | €3,199,318 | €3,368,004 | +€168,685 | +5.3% |
| Fixed assets | 21/28 | €192,818 | €278,198 | +€85,379 | +44.3% |
| Intangible fixed assets | 21 | - | €6,944 | +€6,944 | |
| Tangible fixed assets | 22/27 | €192,230 | €270,666 | +€78,436 | +40.8% |
| Land and buildings | 22 | €22,430 | €17,904 | -€4,526 | -20.2% |
| Plant, machinery and equipment | 23 | €19,761 | €26,295 | +€6,535 | +33.1% |
| Furniture and vehicles | 24 | €150,040 | €226,466 | +€76,427 | +50.9% |
| Financial fixed assets | 28 | €588 | €588 | = | 0.0% |
| Current assets | 29/58 | €3,006,500 | €3,089,806 | +€83,306 | +2.8% |
| Stocks and contracts in progress | 3 | €796,577 | €907,125 | +€110,548 | +13.9% |
| Stocks | 30/36 | €796,577 | €907,125 | +€110,548 | +13.9% |
| Amounts receivable within one year | 40/41 | €1,277,931 | €1,551,506 | +€273,575 | +21.4% |
| Trade receivables | 40 | €1,277,264 | €1,551,285 | +€274,021 | +21.5% |
| Other amounts receivable | 41 | €667 | €221 | -€446 | -66.8% |
| Current investments | 50/53 | €250,000 | €0 | -€250,000 | -100% |
| Cash at bank and in hand | 54/58 | €681,992 | €631,175 | -€50,817 | -7.5% |
| Total equity and liabilities | 10/49 | €3,199,318 | €3,368,004 | +€168,685 | +5.3% |
| Equity | 10/15 | €1,778,309 | €2,169,307 | +€390,998 | +22.0% |
| Contributions | 10/11 | €176,200 | €176,200 | = | 0.0% |
| Reserves | 13 | €1,602,109 | €1,993,107 | +€390,998 | +24.4% |
| Tax-exempt reserves | 132 | €74,181 | €74,181 | = | 0.0% |
| Distributable reserves | 133 | €1,527,928 | €1,918,926 | +€390,998 | +25.6% |
| Provisions and deferred taxes | 16 | €83,741 | €150,760 | +€67,019 | +80.0% |
| Provisions for liabilities and charges | 160/5 | €83,741 | €150,760 | +€67,019 | +80.0% |
| Other liabilities and charges | 164/5 | €83,741 | €150,760 | +€67,019 | +80.0% |
| Amounts payable | 17/49 | €1,337,268 | €1,047,937 | -€289,332 | -21.6% |
| Amounts payable after more than one year | 17 | €66,274 | €106,301 | +€40,028 | +60.4% |
| Financial debts | 170/4 | €66,274 | €106,301 | +€40,028 | +60.4% |
| Amounts payable within one year | 42/48 | €1,254,496 | €940,071 | -€314,425 | -25.1% |
| Current portion of amounts payable after more than one year | 42 | €53,797 | €52,306 | -€1,491 | -2.8% |
| Financial debts | 43 | €200,000 | €0 | -€200,000 | -100% |
| Credit institutions | 430/8 | €200,000 | €0 | -€200,000 | -100% |
| Trade debts | 44 | €647,643 | €681,046 | +€33,403 | +5.2% |
| Suppliers | 440/4 | €647,643 | €681,046 | +€33,403 | +5.2% |
| Taxes, remuneration and social security | 45 | €223,783 | €193,323 | -€30,459 | -13.6% |
| Taxes | 450/3 | €134,730 | €86,530 | -€48,200 | -35.8% |
| Remuneration and social security | 454/9 | €89,053 | €106,793 | +€17,740 | +19.9% |
| Other amounts payable | 47/48 | €129,274 | €13,397 | -€115,877 | -89.6% |
| Accrued charges and deferred income | 492/3 | €16,499 | €1,564 | -€14,934 | -90.5% |
| Non-recurring operating income | 76A | - | €827 | +€827 | |
| Remuneration, social security and pensions | 62 | €615,932 | €781,315 | +€165,383 | +26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,328 | €99,865 | +€27,538 | +38.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€36,480 | €67,019 | +€103,500 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €20,770 | €7,920 | -€12,850 | -61.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,476,843 | €1,501,734 | +€24,891 | +1.7% |
| Operating profit (loss) | 9901 | €804,294 | €545,615 | -€258,680 | -32.2% |
| Financial income | 75/76B | €45,050 | €42,468 | -€2,582 | -5.7% |
| Recurring financial income | 75 | €44,224 | €38,336 | -€5,888 | -13.3% |
| Non-recurring financial income | 76B | €826 | €4,132 | +€3,306 | +400% |
| Financial charges | 65/66B | €37,990 | €18,618 | -€19,372 | -51.0% |
| Recurring financial charges | 65 | €37,990 | €18,618 | -€19,372 | -51.0% |
| Profit (loss) for the period before taxes | 9903 | €811,354 | €569,465 | -€241,890 | -29.8% |
| Income taxes | 67/77 | €234,213 | €178,467 | -€55,747 | -23.8% |
| Profit (loss) for the period | 9904 | €577,141 | €390,998 | -€186,143 | -32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €577,141 | €390,998 | -€186,143 | -32.3% |
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 18 October 2026 via checked.be.