AGRIFRANBEL: 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.
AGRIFRANBEL
Largest movements
- Tangible fixed assets +€70,422
up €70,422 (+865%), from €8,138 to €78,560
- Cash -€66,075
down €66,075 (-25.7%), from €257,016 to €190,940
mainly Investment in fixed assets (net) (-€80,291) and Contributions, distributions and other (-€32,000)
- Receivables within one year +€14,767
up €14,767 (+211%), from €7,013 to €21,781
of which Trade receivables: +€13,058
- Debts after one year +€24,322
new in 2025: €24,322
- Tax, wage and social debts -€12,716
down €12,716 (-94.3%), from €13,479 to €763
- Current portion of long-term debt +€7,769
up €7,769 (+173%), from €4,500 to €12,269
- Reserves -€7,000
down €7,000 (-2.9%), from €238,811 to €231,811
of which Distributable reserves: -€7,000
- Trade debts +€3,355
new in 2025: €3,355
- Purchases and services +€36,253
up €36,253 (+17.5%), from €206,754 to €243,006
- Gross operating margin -€21,228
down €21,228 (-30.1%), from €70,638 to €49,411
- Turnover -€19,835
down €19,835 (-7.4%), from €268,640 to €248,805
- Taxes -€7,673
down €7,673 (-37.5%), from €20,465 to €12,792
- Depreciation +€7,388
up €7,388 (+298%), from €2,481 to €9,869
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 | €278,727 | €295,346 | +€16,620 | +6.0% |
| Fixed assets | 21/28 | €8,698 | €79,120 | +€70,422 | +810% |
| Tangible fixed assets | 22/27 | €8,138 | €78,560 | +€70,422 | +865% |
| Land and buildings | 22 | - | €22,813 | +€22,813 | |
| Plant, machinery and equipment | 23 | €4,275 | €33,698 | +€29,423 | +688% |
| Furniture and vehicles | 24 | €3,863 | €22,049 | +€18,186 | +471% |
| Financial fixed assets | 28 | €560 | €560 | = | 0.0% |
| Current assets | 29/58 | €270,029 | €216,227 | -€53,802 | -19.9% |
| Amounts receivable within one year | 40/41 | €7,013 | €21,781 | +€14,767 | +211% |
| Trade receivables | 40 | €1,000 | €14,058 | +€13,058 | +1,306% |
| Other amounts receivable | 41 | €6,013 | €7,722 | +€1,709 | +28.4% |
| Cash at bank and in hand | 54/58 | €257,016 | €190,940 | -€66,075 | -25.7% |
| Deferred charges and accrued income | 490/1 | €6,000 | €3,506 | -€2,494 | -41.6% |
| Total equity and liabilities | 10/49 | €278,727 | €295,346 | +€16,620 | +6.0% |
| Equity | 10/15 | €260,747 | €254,486 | -€6,261 | -2.4% |
| Contributions | 10/11 | €19,250 | €19,250 | = | 0.0% |
| Reserves | 13 | €238,811 | €231,811 | -€7,000 | -2.9% |
| Non-distributable reserves | 130/1 | €1,629 | €1,629 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,629 | €1,629 | = | 0.0% |
| Distributable reserves | 133 | €237,182 | €230,182 | -€7,000 | -3.0% |
| Profit (loss) carried forward | 14 | €2,686 | €3,425 | +€739 | +27.5% |
| Amounts payable | 17/49 | €17,979 | €40,860 | +€22,881 | +127% |
| Amounts payable after more than one year | 17 | - | €24,322 | +€24,322 | |
| Financial debts | 170/4 | - | €24,322 | +€24,322 | |
| Amounts payable within one year | 42/48 | €17,979 | €16,387 | -€1,593 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €4,500 | €12,269 | +€7,769 | +173% |
| Trade debts | 44 | - | €3,355 | +€3,355 | |
| Suppliers | 440/4 | - | €3,355 | +€3,355 | |
| Taxes, remuneration and social security | 45 | €13,479 | €763 | -€12,716 | -94.3% |
| Taxes | 450/3 | €13,479 | €763 | -€12,716 | -94.3% |
| Accrued charges and deferred income | 492/3 | - | €152 | +€152 | |
| Turnover | 70 | €268,640 | €248,805 | -€19,835 | -7.4% |
| Non-recurring operating income | 76A | €8,753 | €43,612 | +€34,860 | +398% |
| Goods, raw materials, services and sundry goods | 60/61 | €206,754 | €243,006 | +€36,253 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,481 | €9,869 | +€7,388 | +298% |
| Other operating charges | 640/8 | €740 | €1,594 | +€854 | +115% |
| Gross operating margin | 9900 | €70,638 | €49,411 | -€21,228 | -30.1% |
| Operating profit (loss) | 9901 | €67,417 | €37,948 | -€29,469 | -43.7% |
| Financial income | 75/76B | €1,118 | €2,108 | +€990 | +88.5% |
| Recurring financial income | 75 | €1,118 | €2,108 | +€990 | +88.5% |
| Financial charges | 65/66B | €675 | €1,525 | +€850 | +126% |
| Recurring financial charges | 65 | €675 | €1,525 | +€850 | +126% |
| Profit (loss) for the period before taxes | 9903 | €67,860 | €38,531 | -€29,330 | -43.2% |
| Income taxes | 67/77 | €20,465 | €12,792 | -€7,673 | -37.5% |
| Profit (loss) for the period | 9904 | €47,395 | €25,739 | -€21,656 | -45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €47,395 | €25,739 | -€21,656 | -45.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.