AGRIFOOD: 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.
AGRIFOOD
Largest movements
- Current investments +€26,793
up €26,793 (+8.6%), from €312,917 to €339,710
- Receivables within one year +€17,588
up €17,588 (+35.5%), from €49,486 to €67,073
of which Trade receivables: +€16,296
- Cash -€8,850
down €8,850 (-23.5%), from €37,607 to €28,757
mainly Current investments (-€26,793) and Receivables within one year (-€17,588)
- Tangible fixed assets -€6,535
down €6,535 (-44.7%), from €14,626 to €8,091
of which Furniture and vehicles: -€3,992
- Trade debts +€7,714
up €7,714 (+150%), from €5,140 to €12,853
- Tax, wage and social debts +€6,931
up €6,931 (+489%), from €1,416 to €8,347
of which Taxes: +€6,632
- Profit (loss) carried forward +€6,725
up €6,725 (+130%), from €5,178 to €11,903
- Gross operating margin -€8,167
down €8,167 (-18.6%), from €43,847 to €35,681
- Taxes +€4,573
up €4,573 (+158%), from €2,899 to €7,472
- Financial charges +€3,192
up €3,192 (+248%), from €1,286 to €4,478
- Depreciation -€3,118
down €3,118 (-32.3%), from €9,653 to €6,535
- Financial income -€1,457
down €1,457 (-25.3%), from €5,762 to €4,305
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 | €429,195 | €453,223 | +€24,028 | +5.6% |
| Fixed assets | 21/28 | €23,053 | €16,518 | -€6,535 | -28.3% |
| Tangible fixed assets | 22/27 | €14,626 | €8,091 | -€6,535 | -44.7% |
| Plant, machinery and equipment | 23 | €10,201 | €7,658 | -€2,543 | -24.9% |
| Furniture and vehicles | 24 | €4,425 | €434 | -€3,992 | -90.2% |
| Financial fixed assets | 28 | €8,427 | €8,427 | = | 0.0% |
| Current assets | 29/58 | €406,142 | €436,705 | +€30,563 | +7.5% |
| Stocks and contracts in progress | 3 | €5,067 | €1,164 | -€3,903 | -77.0% |
| Stocks | 30/36 | €5,067 | €1,164 | -€3,903 | -77.0% |
| Amounts receivable within one year | 40/41 | €49,486 | €67,073 | +€17,588 | +35.5% |
| Trade receivables | 40 | €43,067 | €59,363 | +€16,296 | +37.8% |
| Other amounts receivable | 41 | €6,419 | €7,711 | +€1,292 | +20.1% |
| Current investments | 50/53 | €312,917 | €339,710 | +€26,793 | +8.6% |
| Cash at bank and in hand | 54/58 | €37,607 | €28,757 | -€8,850 | -23.5% |
| Deferred charges and accrued income | 490/1 | €1,065 | - | -€1,065 | |
| Total equity and liabilities | 10/49 | €429,195 | €453,223 | +€24,028 | +5.6% |
| Equity | 10/15 | €346,178 | €352,903 | +€6,725 | +1.9% |
| Contributions | 10/11 | €310,000 | €310,000 | = | 0.0% |
| Capital | 10 | €310,000 | €310,000 | = | 0.0% |
| Issued capital | 100 | €310,000 | €310,000 | = | 0.0% |
| Reserves | 13 | €31,000 | €31,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €31,000 | €31,000 | = | 0.0% |
| Legal reserve | 130 | €31,000 | €31,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,178 | €11,903 | +€6,725 | +130% |
| Amounts payable | 17/49 | €83,017 | €100,320 | +€17,303 | +20.8% |
| Amounts payable within one year | 42/48 | €83,017 | €97,176 | +€14,159 | +17.1% |
| Trade debts | 44 | €5,140 | €12,853 | +€7,714 | +150% |
| Suppliers | 440/4 | €5,140 | €12,853 | +€7,714 | +150% |
| Taxes, remuneration and social security | 45 | €1,416 | €8,347 | +€6,931 | +489% |
| Taxes | 450/3 | - | €6,632 | +€6,632 | |
| Remuneration and social security | 454/9 | €1,416 | €1,715 | +€299 | +21.1% |
| Other amounts payable | 47/48 | €76,461 | €75,976 | -€485 | -0.6% |
| Accrued charges and deferred income | 492/3 | - | €3,144 | +€3,144 | |
| Remuneration, social security and pensions | 62 | €11,960 | €13,016 | +€1,056 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,653 | €6,535 | -€3,118 | -32.3% |
| Other operating charges | 640/8 | €2,012 | €1,759 | -€253 | -12.6% |
| Gross operating margin | 9900 | €43,847 | €35,681 | -€8,167 | -18.6% |
| Operating profit (loss) | 9901 | €20,223 | €14,371 | -€5,852 | -28.9% |
| Financial income | 75/76B | €5,762 | €4,305 | -€1,457 | -25.3% |
| Recurring financial income | 75 | €5,762 | €4,305 | -€1,457 | -25.3% |
| Financial charges | 65/66B | €1,286 | €4,478 | +€3,192 | +248% |
| Recurring financial charges | 65 | €1,286 | €4,478 | +€3,192 | +248% |
| Profit (loss) for the period before taxes | 9903 | €24,698 | €14,197 | -€10,501 | -42.5% |
| Income taxes | 67/77 | €2,899 | €7,472 | +€4,573 | +158% |
| Profit (loss) for the period | 9904 | €21,799 | €6,725 | -€15,074 | -69.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,799 | €6,725 | -€15,074 | -69.2% |
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 16 October 2026 via checked.be.