AGRIBELE: 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.
AGRIBELE
Largest movements
- Cash +€104,419
up €104,419 (+380%), from €27,448 to €131,867
mainly Other debts (+€266,273) and Net result for the year (+€175,340)
- Tangible fixed assets -€91,788
down €91,788 (-11.5%), from €795,479 to €703,690
of which Land and buildings: -€155,875
- Other debts +€266,273
up €266,273 (+178%), from €150,000 to €416,273
- Trade debts -€178,071
down €178,071 (-94.1%), from €189,178 to €11,107
- Short-term financial debts -€40,000
down €40,000 (-100%), from €40,000 to €0
- Debts after one year -€34,805
down €34,805 (-10.0%), from €348,659 to €313,853
- Reserves +€10,340
up €10,340 (+28.0%), from €36,942 to €47,282
of which Distributable reserves: +€10,340
- Gross operating margin +€77,027
up €77,027 (+47.8%), from €161,183 to €238,210
- Taxes +€2,933
up €2,933 (+55.9%), from €5,251 to €8,183
- Depreciation +€2,914
up €2,914 (+9.0%), from €32,541 to €35,454
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 | €891,438 | €910,327 | +€18,889 | +2.1% |
| Fixed assets | 21/28 | €795,479 | €703,690 | -€91,788 | -11.5% |
| Tangible fixed assets | 22/27 | €795,479 | €703,690 | -€91,788 | -11.5% |
| Land and buildings | 22 | €795,479 | €639,604 | -€155,875 | -19.6% |
| Plant, machinery and equipment | 23 | - | €1,492 | +€1,492 | |
| Furniture and vehicles | 24 | - | €62,594 | +€62,594 | |
| Current assets | 29/58 | €95,960 | €206,637 | +€110,678 | +115% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €68,512 | €72,703 | +€4,191 | +6.1% |
| Trade receivables | 40 | €36,586 | €28,622 | -€7,964 | -21.8% |
| Other amounts receivable | 41 | €31,926 | €44,081 | +€12,155 | +38.1% |
| Cash at bank and in hand | 54/58 | €27,448 | €131,867 | +€104,419 | +380% |
| Deferred charges and accrued income | 490/1 | - | €2,067 | +€2,067 | |
| Total equity and liabilities | 10/49 | €891,438 | €910,327 | +€18,889 | +2.1% |
| Equity | 10/15 | €55,542 | €65,882 | +€10,340 | +18.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €36,942 | €47,282 | +€10,340 | +28.0% |
| Non-distributable reserves | 130/1 | €3,720 | €3,720 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,720 | €3,720 | = | 0.0% |
| Distributable reserves | 133 | €33,222 | €43,562 | +€10,340 | +31.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €835,896 | €844,446 | +€8,549 | +1.0% |
| Amounts payable after more than one year | 17 | €348,659 | €313,853 | -€34,805 | -10.0% |
| Financial debts | 170/4 | €348,659 | €313,853 | -€34,805 | -10.0% |
| Amounts payable within one year | 42/48 | €487,238 | €530,592 | +€43,355 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | €98,059 | €103,212 | +€5,153 | +5.3% |
| Financial debts | 43 | €40,000 | €0 | -€40,000 | -100% |
| Credit institutions | 430/8 | €40,000 | €0 | -€40,000 | -100% |
| Trade debts | 44 | €189,178 | €11,107 | -€178,071 | -94.1% |
| Suppliers | 440/4 | €189,178 | €11,107 | -€178,071 | -94.1% |
| Taxes, remuneration and social security | 45 | €10,000 | €0 | -€10,000 | -100% |
| Taxes | 450/3 | €10,000 | €0 | -€10,000 | -100% |
| Other amounts payable | 47/48 | €150,000 | €416,273 | +€266,273 | +178% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,541 | €35,454 | +€2,914 | +9.0% |
| Other operating charges | 640/8 | €4,595 | €6,126 | +€1,531 | +33.3% |
| Gross operating margin | 9900 | €161,183 | €238,210 | +€77,027 | +47.8% |
| Operating profit (loss) | 9901 | €124,048 | €196,630 | +€72,582 | +58.5% |
| Financial income | 75/76B | €0 | €747 | +€747 | |
| Recurring financial income | 75 | €0 | €747 | +€747 | |
| Financial charges | 65/66B | €15,369 | €13,853 | -€1,516 | -9.9% |
| Recurring financial charges | 65 | €15,369 | €13,853 | -€1,516 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €108,679 | €183,523 | +€74,845 | +68.9% |
| Income taxes | 67/77 | €5,251 | €8,183 | +€2,933 | +55.9% |
| Profit (loss) for the period | 9904 | €103,428 | €175,340 | +€71,912 | +69.5% |
| Profit (loss) for the period to be appropriated | 9905 | €103,428 | €175,340 | +€71,912 | +69.5% |
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 14 October 2026 via checked.be.