AGRICELLS: 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.
AGRICELLS
Largest movements
- Intangible fixed assets +€1.0m
up €1.0m (+282%), from €355,158 to €1.4m
- Cash +€430,509
up €430,509 (+170%), from €253,135 to €683,644
mainly Contributions, distributions and other (+€1.7m) and Debts after one year (+€1.0m)
- Receivables within one year +€315,868
up €315,868 (+36.5%), from €864,727 to €1.2m
of which Other amounts receivable: +€289,807
- Stocks and contracts -€93,500
down €93,500 (-25.1%), from €372,000 to €278,500
- Contributions +€1.3m
up €1.3m (+52.8%), from €2.4m to €3.7m
- Profit (loss) carried forward -€1.1m
down €1.1m (-135%), from -€788,133 to -€1.9m
- Debts after one year +€1.0m
up €1.0m (+780%), from €128,264 to €1.1m
- Investment grants +€401,026
new in 2025: €401,026
- Trade debts +€47,208
up €47,208 (+49.0%), from €96,245 to €143,453
- Gross operating margin -€1.2m
down €1.2m, from €221,321 to -€977,560
- Depreciation +€148,351
up €148,351 (+364%), from €40,802 to €189,152
- Financial income +€104,472
up €104,472 (+17,018%), from €614 to €105,086
- Other operating charges -€20,000
no longer reported in 2025 (was €20,000)
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 | €1,847,469 | €3,504,853 | +€1.7m | +89.7% |
| Formation expenses | 20 | €103 | - | -€103 | |
| Fixed assets | 21/28 | €356,771 | €1,362,113 | +€1.0m | +282% |
| Intangible fixed assets | 21 | €355,158 | €1,356,604 | +€1.0m | +282% |
| Tangible fixed assets | 22/27 | €1,613 | €1,010 | -€604 | -37.4% |
| Furniture and vehicles | 24 | €1,613 | €1,010 | -€604 | -37.4% |
| Financial fixed assets | 28 | - | €4,500 | +€4,500 | |
| Current assets | 29/58 | €1,490,595 | €2,142,740 | +€652,145 | +43.8% |
| Stocks and contracts in progress | 3 | €372,000 | €278,500 | -€93,500 | -25.1% |
| Stocks | 30/36 | €372,000 | €278,500 | -€93,500 | -25.1% |
| Amounts receivable within one year | 40/41 | €864,727 | €1,180,595 | +€315,868 | +36.5% |
| Trade receivables | 40 | - | €26,062 | +€26,062 | |
| Other amounts receivable | 41 | €864,727 | €1,154,534 | +€289,807 | +33.5% |
| Cash at bank and in hand | 54/58 | €253,135 | €683,644 | +€430,509 | +170% |
| Deferred charges and accrued income | 490/1 | €732 | - | -€732 | |
| Total equity and liabilities | 10/49 | €1,847,469 | €3,504,853 | +€1.7m | +89.7% |
| Equity | 10/15 | €1,618,110 | €2,226,140 | +€608,030 | +37.6% |
| Contributions | 10/11 | €2,406,242 | €3,677,742 | +€1.3m | +52.8% |
| Capital | 10 | €2,406,242 | €3,677,742 | +€1.3m | +52.8% |
| Issued capital | 100 | €2,406,242 | €3,677,742 | +€1.3m | +52.8% |
| Profit (loss) carried forward | 14 | -€788,133 | -€1,852,628 | -€1.1m | -135% |
| Investment grants | 15 | - | €401,026 | +€401,026 | |
| Amounts payable | 17/49 | €229,359 | €1,278,713 | +€1.0m | +458% |
| Amounts payable after more than one year | 17 | €128,264 | €1,128,264 | +€1.0m | +780% |
| Financial debts | 170/4 | €128,264 | €1,128,264 | +€1.0m | +780% |
| Amounts payable within one year | 42/48 | €101,095 | €150,449 | +€49,354 | +48.8% |
| Trade debts | 44 | €96,245 | €143,453 | +€47,208 | +49.0% |
| Suppliers | 440/4 | €96,245 | €143,453 | +€47,208 | +49.0% |
| Taxes, remuneration and social security | 45 | - | €2,290 | +€2,290 | |
| Taxes | 450/3 | - | €2,290 | +€2,290 | |
| Other amounts payable | 47/48 | €4,850 | €4,706 | -€144 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,802 | €189,152 | +€148,351 | +364% |
| Other operating charges | 640/8 | €20,000 | - | -€20,000 | |
| Gross operating margin | 9900 | €221,321 | -€977,560 | -€1.2m | |
| Operating profit (loss) | 9901 | €160,519 | -€1,166,713 | -€1.3m | |
| Financial income | 75/76B | €614 | €105,086 | +€104,472 | +17,018% |
| Recurring financial income | 75 | €614 | €105,086 | +€104,472 | +17,018% |
| Financial charges | 65/66B | €918 | €2,869 | +€1,951 | +212% |
| Recurring financial charges | 65 | €918 | €2,869 | +€1,951 | +212% |
| Profit (loss) for the period before taxes | 9903 | €160,215 | -€1,064,495 | -€1.2m | |
| Profit (loss) for the period | 9904 | €160,215 | -€1,064,495 | -€1.2m | |
| Profit (loss) for the period to be appropriated | 9905 | €160,215 | -€1,064,495 | -€1.2m |
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 20 October 2026 via checked.be.