AGRI - WALLY: 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 - WALLY
Largest movements
- Tangible fixed assets +€235,190
up €235,190 (+24.6%), from €955,506 to €1.2m
of which Plant, machinery and equipment: +€140,415
- Receivables within one year -€149,523
down €149,523 (-51.0%), from €293,095 to €143,572
- Cash -€27,229
down €27,229 (-40.0%), from €68,110 to €40,880
mainly Investment in fixed assets (net) (-€451,486) and Trade debts (-€88,635)
- Trade debts -€88,635
down €88,635 (-97.5%), from €90,885 to €2,250
- Reserves +€56,350
up €56,350 (+334%), from €16,860 to €73,210
of which Tax-exempt reserves: +€56,350
- Other debts +€30,997
up €30,997 (+7.5%), from €414,130 to €445,128
- Profit (loss) carried forward +€26,275
up €26,275 (+34.4%), from €76,389 to €102,664
- Provisions +€18,783
new in 2025: €18,783
- Gross operating margin +€67,744
up €67,744 (+20.9%), from €323,391 to €391,135
- Other operating charges -€10,579
down €10,579 (-90.9%), from €11,643 to €1,064
- Depreciation +€6,763
up €6,763 (+3.2%), from €209,533 to €216,296
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 | €1,324,296 | €1,384,233 | +€59,937 | +4.5% |
| Fixed assets | 21/28 | €955,506 | €1,190,696 | +€235,190 | +24.6% |
| Tangible fixed assets | 22/27 | €955,506 | €1,190,696 | +€235,190 | +24.6% |
| Plant, machinery and equipment | 23 | €494,051 | €634,467 | +€140,415 | +28.4% |
| Furniture and vehicles | 24 | €461,455 | €556,229 | +€94,774 | +20.5% |
| Current assets | 29/58 | €368,790 | €193,537 | -€175,253 | -47.5% |
| Stocks and contracts in progress | 3 | €6,529 | €9,017 | +€2,488 | +38.1% |
| Stocks | 30/36 | €6,529 | €9,017 | +€2,488 | +38.1% |
| Amounts receivable within one year | 40/41 | €293,095 | €143,572 | -€149,523 | -51.0% |
| Trade receivables | 40 | €293,095 | €143,572 | -€149,523 | -51.0% |
| Cash at bank and in hand | 54/58 | €68,110 | €40,880 | -€27,229 | -40.0% |
| Deferred charges and accrued income | 490/1 | €1,056 | €68 | -€988 | -93.6% |
| Total equity and liabilities | 10/49 | €1,324,296 | €1,384,233 | +€59,937 | +4.5% |
| Equity | 10/15 | €113,008 | €194,474 | +€81,466 | +72.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,860 | €73,210 | +€56,350 | +334% |
| Tax-exempt reserves | 132 | - | €56,350 | +€56,350 | |
| Distributable reserves | 133 | €16,860 | €16,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,389 | €102,664 | +€26,275 | +34.4% |
| Investment grants | 15 | €1,159 | - | -€1,159 | |
| Provisions and deferred taxes | 16 | - | €18,783 | +€18,783 | |
| Deferred taxes | 168 | - | €18,783 | +€18,783 | |
| Amounts payable | 17/49 | €1,211,288 | €1,170,975 | -€40,312 | -3.3% |
| Amounts payable after more than one year | 17 | €489,193 | €494,083 | +€4,890 | +1.0% |
| Financial debts | 170/4 | €489,193 | €494,083 | +€4,890 | +1.0% |
| Amounts payable within one year | 42/48 | €722,039 | €676,861 | -€45,178 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €201,604 | €215,192 | +€13,589 | +6.7% |
| Trade debts | 44 | €90,885 | €2,250 | -€88,635 | -97.5% |
| Suppliers | 440/4 | €90,885 | €2,250 | -€88,635 | -97.5% |
| Taxes, remuneration and social security | 45 | €15,421 | €14,291 | -€1,129 | -7.3% |
| Taxes | 450/3 | €9,077 | €7,878 | -€1,199 | -13.2% |
| Remuneration and social security | 454/9 | €6,344 | €6,413 | +€69 | +1.1% |
| Other amounts payable | 47/48 | €414,130 | €445,128 | +€30,997 | +7.5% |
| Accrued charges and deferred income | 492/3 | €56 | €32 | -€24 | -42.9% |
| Remuneration, social security and pensions | 62 | €55,144 | €57,450 | +€2,306 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €209,533 | €216,296 | +€6,763 | +3.2% |
| Other operating charges | 640/8 | €11,643 | €1,064 | -€10,579 | -90.9% |
| Gross operating margin | 9900 | €323,391 | €391,135 | +€67,744 | +20.9% |
| Operating profit (loss) | 9901 | €47,071 | €116,324 | +€69,254 | +147% |
| Financial income | 75/76B | €4,380 | €1,266 | -€3,114 | -71.1% |
| Recurring financial income | 75 | €4,380 | €1,266 | -€3,114 | -71.1% |
| Financial charges | 65/66B | €13,529 | €16,182 | +€2,653 | +19.6% |
| Recurring financial charges | 65 | €13,529 | €16,182 | +€2,653 | +19.6% |
| Profit (loss) for the period before taxes | 9903 | €37,922 | €101,409 | +€63,487 | +167% |
| Transfer from deferred taxes | 780 | - | €1,467 | +€1,467 | |
| Transfer to deferred taxes | 680 | - | €20,250 | +€20,250 | |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | €37,922 | €82,625 | +€44,703 | +118% |
| Transfer from tax-exempt reserves | 789 | - | €4,400 | +€4,400 | |
| Transfer to tax-exempt reserves | 689 | - | €60,750 | +€60,750 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,922 | €26,275 | -€11,646 | -30.7% |
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 21 October 2026 via checked.be.