AGRICOLE DE BOUDRY: 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.
AGRICOLE DE BOUDRY
Largest movements
- Cash -€126,337
down €126,337 (-47.5%), from €266,058 to €139,722
mainly Current portion of long-term debt (-€84,642) and Other debts (-€83,625)
- Tangible fixed assets -€48,805
down €48,805 (-4.2%), from €1.2m to €1.1m
of which Land and buildings: -€38,811
- Receivables within one year -€45,481
down €45,481 (-11.0%), from €412,111 to €366,629
of which Trade receivables: -€41,298
- Deferred charges and accrued income +€37,522
up €37,522 (+158%), from €23,710 to €61,232
- Current portion of long-term debt -€84,642
no longer reported in 2025 (was €84,642)
- Other debts -€83,625
no longer reported in 2025 (was €83,625)
- Profit (loss) carried forward +€69,012
up €69,012 (+15.7%), from €439,983 to €508,995
- Debts after one year -€64,337
no longer reported in 2025 (was €64,337)
- Gross operating margin -€171,491
down €171,491 (-47.6%), from €359,972 to €188,481
- Taxes -€46,899
down €46,899 (-65.2%), from €71,919 to €25,021
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 | €1,969,554 | €1,786,310 | -€183,244 | -9.3% |
| Fixed assets | 21/28 | €1,266,458 | €1,217,653 | -€48,805 | -3.9% |
| Intangible fixed assets | 21 | €44,914 | €44,914 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,171,458 | €1,122,654 | -€48,805 | -4.2% |
| Land and buildings | 22 | €1,058,329 | €1,019,518 | -€38,811 | -3.7% |
| Plant, machinery and equipment | 23 | €113,129 | €83,585 | -€29,544 | -26.1% |
| Assets under construction and advance payments | 27 | - | €19,550 | +€19,550 | |
| Financial fixed assets | 28 | €50,086 | €50,086 | = | 0.0% |
| Current assets | 29/58 | €703,096 | €568,656 | -€134,439 | -19.1% |
| Stocks and contracts in progress | 3 | €1,217 | €1,073 | -€144 | -11.8% |
| Stocks | 30/36 | €1,217 | €1,073 | -€144 | -11.8% |
| Amounts receivable within one year | 40/41 | €412,111 | €366,629 | -€45,481 | -11.0% |
| Trade receivables | 40 | €289,460 | €248,162 | -€41,298 | -14.3% |
| Other amounts receivable | 41 | €122,651 | €118,468 | -€4,183 | -3.4% |
| Cash at bank and in hand | 54/58 | €266,058 | €139,722 | -€126,337 | -47.5% |
| Deferred charges and accrued income | 490/1 | €23,710 | €61,232 | +€37,522 | +158% |
| Total equity and liabilities | 10/49 | €1,969,554 | €1,786,310 | -€183,244 | -9.3% |
| Equity | 10/15 | €1,519,434 | €1,588,446 | +€69,012 | +4.5% |
| Contributions | 10/11 | €526,774 | €526,774 | = | 0.0% |
| Reserves | 13 | €552,677 | €552,677 | = | 0.0% |
| Distributable reserves | 133 | €552,677 | €552,677 | = | 0.0% |
| Profit (loss) carried forward | 14 | €439,983 | €508,995 | +€69,012 | +15.7% |
| Amounts payable | 17/49 | €450,120 | €197,864 | -€252,256 | -56.0% |
| Amounts payable after more than one year | 17 | €64,337 | - | -€64,337 | |
| Financial debts | 170/4 | €64,337 | - | -€64,337 | |
| Amounts payable within one year | 42/48 | €385,783 | €197,864 | -€187,919 | -48.7% |
| Current portion of amounts payable after more than one year | 42 | €84,642 | - | -€84,642 | |
| Trade debts | 44 | €186,778 | €172,319 | -€14,458 | -7.7% |
| Suppliers | 440/4 | €186,778 | €172,319 | -€14,458 | -7.7% |
| Taxes, remuneration and social security | 45 | €30,738 | €25,544 | -€5,193 | -16.9% |
| Taxes | 450/3 | €30,738 | €25,544 | -€5,193 | -16.9% |
| Other amounts payable | 47/48 | €83,625 | - | -€83,625 | |
| Non-recurring operating income | 76A | - | €50,000 | +€50,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,249 | €68,355 | +€2,105 | +3.2% |
| Other operating charges | 640/8 | €4,648 | €4,909 | +€261 | +5.6% |
| Non-recurring operating charges | 66A | - | €19,082 | +€19,082 | |
| Gross operating margin | 9900 | €359,972 | €188,481 | -€171,491 | -47.6% |
| Operating profit (loss) | 9901 | €289,074 | €96,135 | -€192,940 | -66.7% |
| Financial income | 75/76B | €870 | €327 | -€543 | -62.4% |
| Recurring financial income | 75 | €870 | €327 | -€543 | -62.4% |
| Financial charges | 65/66B | €3,708 | €2,430 | -€1,279 | -34.5% |
| Recurring financial charges | 65 | €3,708 | €2,430 | -€1,279 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | €286,236 | €94,032 | -€192,204 | -67.1% |
| Income taxes | 67/77 | €71,919 | €25,021 | -€46,899 | -65.2% |
| Profit (loss) for the period | 9904 | €214,317 | €69,012 | -€145,305 | -67.8% |
| Profit (loss) for the period to be appropriated | 9905 | €214,317 | €69,012 | -€145,305 | -67.8% |
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 23 October 2026 via checked.be.