AGRIDISTRIBUTION: 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.
AGRIDISTRIBUTION
Largest movements
- Stocks and contracts -€142,907
down €142,907 (-18.2%), from €783,818 to €640,912
- Tangible fixed assets -€84,470
down €84,470 (-16.1%), from €525,351 to €440,881
of which Plant, machinery and equipment: -€45,500
- Receivables within one year -€58,921
down €58,921 (-15.7%), from €375,734 to €316,813
of which Trade receivables: -€64,225
- Cash +€28,442
up €28,442 (+52.1%), from €54,631 to €83,073
mainly Stocks and contracts (+€142,907) and Depreciation (+€86,457)
- Deferred charges and accrued income -€25,135
down €25,135 (-73.2%), from €34,349 to €9,214
- Profit (loss) carried forward -€204,551
down €204,551 (-92.9%), from -€220,184 to -€424,735
- Tax, wage and social debts -€97,639
down €97,639 (-55.3%), from €176,587 to €78,948
of which Remuneration and social security: -€75,154
- Short-term financial debts -€73,512
down €73,512 (-15.9%), from €463,512 to €390,000
- Other debts +€73,000
up €73,000 (+1042.9%), from €7,000 to €80,000
- Trade debts +€29,214
up €29,214 (+3.7%), from €789,821 to €819,035
- Staff costs -€149,023
down €149,023 (-18.6%), from €800,335 to €651,312
- Write-downs +€43,390
new in 2025: €43,390
- Gross operating margin -€22,289
down €22,289 (-2.8%), from €794,391 to €772,102
- Financial charges -€20,340
down €20,340 (-27.8%), from €73,202 to €52,862
- Other operating charges -€19,085
down €19,085 (-16.6%), from €114,824 to €95,739
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 | €1,818,285 | €1,535,294 | -€282,991 | -15.6% |
| Fixed assets | 21/28 | €569,752 | €485,282 | -€84,470 | -14.8% |
| Tangible fixed assets | 22/27 | €525,351 | €440,881 | -€84,470 | -16.1% |
| Land and buildings | 22 | €86,685 | €75,335 | -€11,350 | -13.1% |
| Plant, machinery and equipment | 23 | €352,329 | €306,829 | -€45,500 | -12.9% |
| Furniture and vehicles | 24 | €32,721 | €18,209 | -€14,513 | -44.4% |
| Leasing and similar rights | 25 | €53,616 | €40,509 | -€13,108 | -24.4% |
| Financial fixed assets | 28 | €44,401 | €44,401 | = | 0.0% |
| Current assets | 29/58 | €1,248,533 | €1,050,012 | -€198,521 | -15.9% |
| Stocks and contracts in progress | 3 | €783,818 | €640,912 | -€142,907 | -18.2% |
| Stocks | 30/36 | €783,818 | €640,912 | -€142,907 | -18.2% |
| Amounts receivable within one year | 40/41 | €375,734 | €316,813 | -€58,921 | -15.7% |
| Trade receivables | 40 | €372,949 | €308,724 | -€64,225 | -17.2% |
| Other amounts receivable | 41 | €2,785 | €8,089 | +€5,304 | +190.4% |
| Cash at bank and in hand | 54/58 | €54,631 | €83,073 | +€28,442 | +52.1% |
| Deferred charges and accrued income | 490/1 | €34,349 | €9,214 | -€25,135 | -73.2% |
| Total equity and liabilities | 10/49 | €1,818,285 | €1,535,294 | -€282,991 | -15.6% |
| Equity | 10/15 | €167,585 | -€40,406 | -€207,992 | |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €155,000 | €155,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €135,000 | €135,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€220,184 | -€424,735 | -€204,551 | -92.9% |
| Investment grants | 15 | €32,769 | €29,329 | -€3,441 | -10.5% |
| Amounts payable | 17/49 | €1,650,700 | €1,575,700 | -€75,000 | -4.5% |
| Amounts payable after more than one year | 17 | €181,825 | €154,044 | -€27,781 | -15.3% |
| Financial debts | 170/4 | €181,825 | €154,044 | -€27,781 | -15.3% |
| Amounts payable within one year | 42/48 | €1,468,875 | €1,421,656 | -€47,218 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €31,955 | €53,674 | +€21,719 | +68.0% |
| Financial debts | 43 | €463,512 | €390,000 | -€73,512 | -15.9% |
| Credit institutions | 430/8 | €463,512 | €390,000 | -€73,512 | -15.9% |
| Trade debts | 44 | €789,821 | €819,035 | +€29,214 | +3.7% |
| Suppliers | 440/4 | €789,821 | €819,035 | +€29,214 | +3.7% |
| Taxes, remuneration and social security | 45 | €176,587 | €78,948 | -€97,639 | -55.3% |
| Taxes | 450/3 | €44,384 | €21,898 | -€22,486 | -50.7% |
| Remuneration and social security | 454/9 | €132,204 | €57,050 | -€75,154 | -56.8% |
| Other amounts payable | 47/48 | €7,000 | €80,000 | +€73,000 | +1042.9% |
| Non-recurring operating income | 76A | - | €63,050 | +€63,050 | |
| Remuneration, social security and pensions | 62 | €800,335 | €651,312 | -€149,023 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,899 | €86,457 | -€5,442 | -5.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €43,390 | +€43,390 | |
| Other operating charges | 640/8 | €114,824 | €95,739 | -€19,085 | -16.6% |
| Non-recurring operating charges | 66A | - | €48,132 | +€48,132 | |
| Gross operating margin | 9900 | €794,391 | €772,102 | -€22,289 | -2.8% |
| Operating profit (loss) | 9901 | -€212,667 | -€152,929 | +€59,738 | +28.1% |
| Financial income | 75/76B | €7,148 | €3,575 | -€3,573 | -50.0% |
| Recurring financial income | 75 | €7,148 | €3,575 | -€3,573 | -50.0% |
| Financial charges | 65/66B | €73,202 | €52,862 | -€20,340 | -27.8% |
| Recurring financial charges | 65 | €73,202 | €52,862 | -€20,340 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | -€278,721 | -€202,216 | +€76,506 | +27.4% |
| Income taxes | 67/77 | - | €2,335 | +€2,335 | |
| Profit (loss) for the period | 9904 | -€278,721 | -€204,551 | +€74,171 | +26.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€278,721 | -€204,551 | +€74,171 | +26.6% |
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 7 October 2026 via checked.be.