Agricovert: 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.
Agricovert
Largest movements
- Cash +€81,961
up €81,961 (+44.3%), from €184,932 to €266,893
mainly Accrued charges and deferred income (+€71,440) and Depreciation (+€53,549)
- Receivables within one year +€35,160
up €35,160 (+46.4%), from €75,718 to €110,878
of which Trade receivables: +€35,435
- Tangible fixed assets -€10,125
down €10,125 (-3.2%), from €313,431 to €303,306
of which Land and buildings: -€22,066
- Accrued charges and deferred income +€71,440
new in 2025: €71,440
- Investment grants -€20,000
down €20,000 (-9.9%), from €202,675 to €182,675
- Profit (loss) carried forward +€19,713
up €19,713 (+61.0%), from -€32,308 to -€12,595
- Debts after one year +€15,224
up €15,224 (+50.0%), from €30,421 to €45,645
- Trade debts +€11,330
up €11,330 (+10.2%), from €111,283 to €122,613
- Staff costs +€98,151
up €98,151 (+30.7%), from €319,257 to €417,408
- Gross operating margin +€69,151
up €69,151 (+16.8%), from €412,820 to €481,971
- Purchases and services +€17,187
up €17,187 (+0.8%), from €2.0m to €2.1m
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 | €701,875 | €811,291 | +€109,416 | +15.6% |
| Fixed assets | 21/28 | €320,771 | €311,046 | -€9,725 | -3.0% |
| Tangible fixed assets | 22/27 | €313,431 | €303,306 | -€10,125 | -3.2% |
| Land and buildings | 22 | €220,662 | €198,596 | -€22,066 | -10.0% |
| Plant, machinery and equipment | 23 | €68,882 | €62,548 | -€6,334 | -9.2% |
| Furniture and vehicles | 24 | €23,887 | €42,162 | +€18,275 | +76.5% |
| Financial fixed assets | 28 | €7,340 | €7,740 | +€400 | +5.4% |
| Current assets | 29/58 | €381,104 | €500,245 | +€119,141 | +31.3% |
| Stocks and contracts in progress | 3 | €90,475 | €97,446 | +€6,971 | +7.7% |
| Stocks | 30/36 | €90,475 | €97,446 | +€6,971 | +7.7% |
| Amounts receivable within one year | 40/41 | €75,718 | €110,878 | +€35,160 | +46.4% |
| Trade receivables | 40 | €75,443 | €110,878 | +€35,435 | +47.0% |
| Other amounts receivable | 41 | €275 | - | -€275 | |
| Cash at bank and in hand | 54/58 | €184,932 | €266,893 | +€81,961 | +44.3% |
| Deferred charges and accrued income | 490/1 | €29,979 | €25,028 | -€4,951 | -16.5% |
| Total equity and liabilities | 10/49 | €701,875 | €811,291 | +€109,416 | +15.6% |
| Equity | 10/15 | €519,672 | €520,485 | +€813 | +0.2% |
| Contributions | 10/11 | €349,305 | €350,405 | +€1,100 | +0.3% |
| Profit (loss) carried forward | 14 | -€32,308 | -€12,595 | +€19,713 | +61.0% |
| Investment grants | 15 | €202,675 | €182,675 | -€20,000 | -9.9% |
| Amounts payable | 17/49 | €182,203 | €290,806 | +€108,603 | +59.6% |
| Amounts payable after more than one year | 17 | €30,421 | €45,645 | +€15,224 | +50.0% |
| Financial debts | 170/4 | €30,421 | €45,645 | +€15,224 | +50.0% |
| Amounts payable within one year | 42/48 | €151,782 | €173,721 | +€21,939 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €7,424 | €13,023 | +€5,599 | +75.4% |
| Trade debts | 44 | €111,283 | €122,613 | +€11,330 | +10.2% |
| Suppliers | 440/4 | €111,283 | €122,613 | +€11,330 | +10.2% |
| Taxes, remuneration and social security | 45 | €33,075 | €38,085 | +€5,010 | +15.1% |
| Taxes | 450/3 | €4,006 | €4,447 | +€441 | +11.0% |
| Remuneration and social security | 454/9 | €29,069 | €33,638 | +€4,569 | +15.7% |
| Accrued charges and deferred income | 492/3 | - | €71,440 | +€71,440 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,035,726 | €2,052,913 | +€17,187 | +0.8% |
| Remuneration, social security and pensions | 62 | €319,257 | €417,408 | +€98,151 | +30.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,807 | €53,549 | -€4,258 | -7.4% |
| Other operating charges | 640/8 | €7,856 | €7,920 | +€64 | +0.8% |
| Non-recurring operating charges | 66A | - | €1,333 | +€1,333 | |
| Gross operating margin | 9900 | €412,820 | €481,971 | +€69,151 | +16.8% |
| Operating profit (loss) | 9901 | €27,900 | €1,761 | -€26,139 | -93.7% |
| Financial income | 75/76B | €20,923 | €20,580 | -€343 | -1.6% |
| Recurring financial income | 75 | €20,014 | €20,580 | +€566 | +2.8% |
| Non-recurring financial income | 76B | €909 | €0 | -€909 | -100.0% |
| Financial charges | 65/66B | €1,602 | €2,628 | +€1,026 | +64.0% |
| Recurring financial charges | 65 | €1,450 | €2,628 | +€1,178 | +81.2% |
| Non-recurring financial charges | 66B | €152 | - | -€152 | |
| Profit (loss) for the period before taxes | 9903 | €47,221 | €19,713 | -€27,508 | -58.3% |
| Income taxes | 67/77 | €2 | - | -€2 | |
| Profit (loss) for the period | 9904 | €47,219 | €19,713 | -€27,506 | -58.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,219 | €19,713 | -€27,506 | -58.3% |
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 11 October 2026 via checked.be.