AGRICAMP: 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.
AGRICAMP
Largest movements
- Receivables within one year +€1.0m
up €1.0m (+48.0%), from €2.2m to €3.2m
of which Trade receivables: +€615,379
- Stocks and contracts +€558,791
up €558,791 (+28.5%), from €2.0m to €2.5m
- Tangible fixed assets +€150,139
up €150,139 (+84.2%), from €178,284 to €328,423
of which Furniture and vehicles: +€185,026
- Cash -€126,812
down €126,812 (-40.5%), from €312,817 to €186,005
mainly Receivables within one year (-€1.0m) and Stocks and contracts (-€558,791)
- Reserves +€720,794
up €720,794 (+19.8%), from €3.6m to €4.4m
of which Distributable reserves: +€615,544
- Trade debts +€585,618
up €585,618 (+89.6%), from €653,350 to €1.2m
- Debts after one year +€162,610
up €162,610 (+1347.7%), from €12,066 to €174,676
- Tax, wage and social debts +€79,255
up €79,255 (+52.7%), from €150,362 to €229,617
of which Taxes: +€76,422
- Gross operating margin +€200,939
up €200,939 (+13.2%), from €1.5m to €1.7m
- Taxes +€40,736
up €40,736 (+20.2%), from €201,515 to €242,251
- Depreciation +€38,368
up €38,368 (+67.8%), from €56,595 to €94,963
- Write-downs +€21,403
up €21,403 (+16.4%), from €130,130 to €151,533
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.
Cash bridge derived
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 | €4,617,665 | €6,249,544 | +€1.6m | +35.3% |
| Fixed assets | 21/28 | €178,284 | €328,423 | +€150,139 | +84.2% |
| Tangible fixed assets | 22/27 | €178,284 | €328,423 | +€150,139 | +84.2% |
| Plant, machinery and equipment | 23 | €83,159 | €57,842 | -€25,317 | -30.4% |
| Furniture and vehicles | 24 | €66,285 | €251,311 | +€185,026 | +279.1% |
| Leasing and similar rights | 25 | €17,239 | €11,656 | -€5,583 | -32.4% |
| Other tangible fixed assets | 26 | €11,600 | €7,613 | -€3,987 | -34.4% |
| Current assets | 29/58 | €4,439,382 | €5,921,121 | +€1.5m | +33.4% |
| Stocks and contracts in progress | 3 | €1,958,421 | €2,517,212 | +€558,791 | +28.5% |
| Stocks | 30/36 | €1,958,421 | €2,517,212 | +€558,791 | +28.5% |
| Amounts receivable within one year | 40/41 | €2,168,144 | €3,208,903 | +€1.0m | +48.0% |
| Trade receivables | 40 | €2,168,144 | €2,783,523 | +€615,379 | +28.4% |
| Other amounts receivable | 41 | - | €425,380 | +€425,380 | |
| Cash at bank and in hand | 54/58 | €312,817 | €186,005 | -€126,812 | -40.5% |
| Deferred charges and accrued income | 490/1 | - | €9,000 | +€9,000 | |
| Total equity and liabilities | 10/49 | €4,617,665 | €6,249,544 | +€1.6m | +35.3% |
| Equity | 10/15 | €3,715,599 | €4,436,393 | +€720,794 | +19.4% |
| Contributions | 10/11 | €79,050 | €79,050 | = | 0.0% |
| Reserves | 13 | €3,636,549 | €4,357,343 | +€720,794 | +19.8% |
| Tax-exempt reserves | 132 | - | €105,250 | +€105,250 | |
| Distributable reserves | 133 | €3,636,549 | €4,252,093 | +€615,544 | +16.9% |
| Amounts payable | 17/49 | €902,066 | €1,813,151 | +€911,084 | +101.0% |
| Amounts payable after more than one year | 17 | €12,066 | €174,676 | +€162,610 | +1347.7% |
| Financial debts | 170/4 | €12,066 | €174,676 | +€162,610 | +1347.7% |
| Amounts payable within one year | 42/48 | €860,000 | €1,573,475 | +€713,474 | +83.0% |
| Current portion of amounts payable after more than one year | 42 | €56,289 | €104,890 | +€48,601 | +86.3% |
| Trade debts | 44 | €653,350 | €1,238,968 | +€585,618 | +89.6% |
| Suppliers | 440/4 | €653,350 | €1,238,968 | +€585,618 | +89.6% |
| Taxes, remuneration and social security | 45 | €150,362 | €229,617 | +€79,255 | +52.7% |
| Taxes | 450/3 | €69,231 | €145,653 | +€76,422 | +110.4% |
| Remuneration and social security | 454/9 | €81,131 | €83,964 | +€2,834 | +3.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €30,000 | €65,000 | +€35,000 | +116.7% |
| Non-recurring operating income | 76A | €3,653 | €84,677 | +€81,024 | +2218.1% |
| Remuneration, social security and pensions | 62 | €494,643 | €480,078 | -€14,565 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,595 | €94,963 | +€38,368 | +67.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €130,130 | €151,533 | +€21,403 | +16.4% |
| Other operating charges | 640/8 | €6,715 | €4,837 | -€1,878 | -28.0% |
| Non-recurring operating charges | 66A | - | €5,237 | +€5,237 | |
| Gross operating margin | 9900 | €1,517,493 | €1,718,432 | +€200,939 | +13.2% |
| Operating profit (loss) | 9901 | €829,410 | €981,785 | +€152,375 | +18.4% |
| Financial income | 75/76B | €320 | €445 | +€125 | +39.1% |
| Recurring financial income | 75 | €320 | €445 | +€125 | +39.1% |
| Financial charges | 65/66B | €33,434 | €19,185 | -€14,249 | -42.6% |
| Recurring financial charges | 65 | €33,434 | €19,185 | -€14,249 | -42.6% |
| Profit (loss) for the period before taxes | 9903 | €796,296 | €963,045 | +€166,749 | +20.9% |
| Income taxes | 67/77 | €201,515 | €242,251 | +€40,736 | +20.2% |
| Profit (loss) for the period | 9904 | €594,781 | €720,794 | +€126,013 | +21.2% |
| Transfer to tax-exempt reserves | 689 | - | €105,250 | +€105,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €594,781 | €615,544 | +€20,763 | +3.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.