AGRICOLAM: 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.
AGRICOLAM
Largest movements
- Tangible fixed assets +€2.3m
up €2.3m (+66.4%), from €3.5m to €5.8m
of which Land and buildings: +€2.2m
- Cash -€298,909
down €298,909 (-88.7%), from €336,887 to €37,978
mainly Investment in fixed assets (net) (-€2.5m) and Other debts (-€1.6m)
- Receivables within one year +€170,977
up €170,977 (+78.0%), from €219,078 to €390,055
of which Trade receivables: +€136,756
- Stocks and contracts -€109,822
down €109,822 (-31.1%), from €352,916 to €243,095
- Debts after one year +€3.1m
up €3.1m (+535%), from €576,708 to €3.7m
of which Other amounts payable: +€1.7m
- Other debts -€1.6m
down €1.6m (-100%), from €1.6m to €0
- Contributions +€700,000
up €700,000 (+26.7%), from €2.6m to €3.3m
- Profit (loss) carried forward -€318,174
down €318,174 (-64.9%), from -€490,037 to -€808,211
- Trade debts +€104,876
up €104,876 (+533%), from €19,693 to €124,569
- Gross operating margin -€420,431
down €420,431 (-60.7%), from €692,245 to €271,814
- Purchases and services -€116,972
down €116,972 (-13.6%), from €857,357 to €740,385
- Depreciation +€33,655
up €33,655 (+19.4%), from €173,749 to €207,404
- Financial charges +€28,730
up €28,730 (+116%), from €24,828 to €53,558
- Other operating charges +€25,912
up €25,912 (+143%), from €18,144 to €44,056
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 | €4,458,466 | €6,533,157 | +€2.1m | +46.5% |
| Fixed assets | 21/28 | €3,509,316 | €5,829,836 | +€2.3m | +66.1% |
| Intangible fixed assets | 21 | €8,317 | €8,918 | +€601 | +7.2% |
| Tangible fixed assets | 22/27 | €3,494,328 | €5,814,247 | +€2.3m | +66.4% |
| Land and buildings | 22 | €3,043,527 | €5,257,002 | +€2.2m | +72.7% |
| Plant, machinery and equipment | 23 | €208,135 | €356,198 | +€148,063 | +71.1% |
| Furniture and vehicles | 24 | €163,933 | €145,677 | -€18,256 | -11.1% |
| Leasing and similar rights | 25 | €78,733 | €55,369 | -€23,364 | -29.7% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €6,671 | €6,671 | = | 0.0% |
| Current assets | 29/58 | €949,149 | €703,321 | -€245,828 | -25.9% |
| Stocks and contracts in progress | 3 | €352,916 | €243,095 | -€109,822 | -31.1% |
| Stocks | 30/36 | €352,916 | €243,095 | -€109,822 | -31.1% |
| Amounts receivable within one year | 40/41 | €219,078 | €390,055 | +€170,977 | +78.0% |
| Trade receivables | 40 | €195,716 | €332,472 | +€136,756 | +69.9% |
| Other amounts receivable | 41 | €23,362 | €57,583 | +€34,221 | +146% |
| Cash at bank and in hand | 54/58 | €336,887 | €37,978 | -€298,909 | -88.7% |
| Deferred charges and accrued income | 490/1 | €40,268 | €32,193 | -€8,075 | -20.1% |
| Total equity and liabilities | 10/49 | €4,458,466 | €6,533,157 | +€2.1m | +46.5% |
| Equity | 10/15 | €2,133,463 | €2,515,289 | +€381,826 | +17.9% |
| Contributions | 10/11 | €2,623,500 | €3,323,500 | +€700,000 | +26.7% |
| Profit (loss) carried forward | 14 | -€490,037 | -€808,211 | -€318,174 | -64.9% |
| Amounts payable | 17/49 | €2,325,003 | €4,017,868 | +€1.7m | +72.8% |
| Amounts payable after more than one year | 17 | €576,708 | €3,660,548 | +€3.1m | +535% |
| Financial debts | 170/4 | €576,708 | €2,005,122 | +€1.4m | +248% |
| Other amounts payable | 178/9 | - | €1,655,426 | +€1.7m | |
| Amounts payable within one year | 42/48 | €1,736,295 | €351,320 | -€1.4m | -79.8% |
| Current portion of amounts payable after more than one year | 42 | €136,476 | €197,018 | +€60,541 | +44.4% |
| Trade debts | 44 | €19,693 | €124,569 | +€104,876 | +533% |
| Suppliers | 440/4 | €19,693 | €124,569 | +€104,876 | +533% |
| Taxes, remuneration and social security | 45 | €14,623 | €29,733 | +€15,110 | +103% |
| Taxes | 450/3 | €1,605 | €18,811 | +€17,207 | +1,072% |
| Remuneration and social security | 454/9 | €13,018 | €10,922 | -€2,097 | -16.1% |
| Other amounts payable | 47/48 | €1,565,502 | €0 | -€1.6m | -100% |
| Accrued charges and deferred income | 492/3 | €12,000 | €6,000 | -€6,000 | -50.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €857,357 | €740,385 | -€116,972 | -13.6% |
| Remuneration, social security and pensions | 62 | €152,084 | €138,867 | -€13,218 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €173,749 | €207,404 | +€33,655 | +19.4% |
| Other operating charges | 640/8 | €18,144 | €44,056 | +€25,912 | +143% |
| Gross operating margin | 9900 | €692,245 | €271,814 | -€420,431 | -60.7% |
| Operating profit (loss) | 9901 | €348,269 | -€118,512 | -€466,781 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €24,828 | €53,558 | +€28,730 | +116% |
| Recurring financial charges | 65 | €24,828 | €53,558 | +€28,730 | +116% |
| Profit (loss) for the period before taxes | 9903 | €323,443 | -€172,070 | -€495,513 | |
| Profit (loss) for the period | 9904 | €323,443 | -€172,070 | -€495,513 | |
| Profit (loss) for the period to be appropriated | 9905 | €323,443 | -€172,070 | -€495,513 |
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 22 October 2026 via checked.be.