AgriGeer: 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.
AgriGeer
Largest movements
- Tangible fixed assets -€1.1m
down €1.1m (-88.0%), from €1.3m to €155,008
of which Land and buildings: -€1.1m
- Stocks and contracts +€945,705
up €945,705 (+32.4%), from €2.9m to €3.9m
- Receivables within one year -€598,430
down €598,430 (-16.2%), from €3.7m to €3.1m
of which Trade receivables: -€996,974
- Cash +€367,704
up €367,704 (+135%), from €272,636 to €640,340
mainly Investment in fixed assets (net) (+€1.1m) and Net result for the year (+€772,080)
- Short-term financial debts +€728,247
new in 2025: €728,247
- Trade debts -€479,643
down €479,643 (-13.3%), from €3.6m to €3.1m
- Profit (loss) carried forward -€411,792
down €411,792 (-18.6%), from €2.2m to €1.8m
- Advances received +€335,000
new in 2025: €335,000
- Current portion of long-term debt -€249,151
down €249,151 (-69.3%), from €359,571 to €110,420
- Gross operating margin +€242,419
up €242,419 (+14.7%), from €1.6m to €1.9m
- Staff costs +€148,143
up €148,143 (+25.0%), from €592,438 to €740,581
- Write-downs +€83,119
new in 2025: €83,119
- Taxes -€73,469
down €73,469 (-30.2%), from €243,403 to €169,934
- Financial charges -€24,819
down €24,819 (-38.0%), from €65,239 to €40,420
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 | €8,186,161 | €7,798,402 | -€387,759 | -4.7% |
| Fixed assets | 21/28 | €1,286,609 | €155,008 | -€1.1m | -88.0% |
| Tangible fixed assets | 22/27 | €1,286,609 | €155,008 | -€1.1m | -88.0% |
| Land and buildings | 22 | €1,137,695 | €46,934 | -€1.1m | -95.9% |
| Plant, machinery and equipment | 23 | €41,738 | €27,895 | -€13,843 | -33.2% |
| Furniture and vehicles | 24 | €107,176 | €80,179 | -€26,997 | -25.2% |
| Current assets | 29/58 | €6,899,552 | €7,643,394 | +€743,842 | +10.8% |
| Stocks and contracts in progress | 3 | €2,920,603 | €3,866,308 | +€945,705 | +32.4% |
| Stocks | 30/36 | €2,920,603 | €3,866,308 | +€945,705 | +32.4% |
| Amounts receivable within one year | 40/41 | €3,690,063 | €3,091,633 | -€598,430 | -16.2% |
| Trade receivables | 40 | €3,690,063 | €2,693,089 | -€996,974 | -27.0% |
| Other amounts receivable | 41 | - | €398,544 | +€398,544 | |
| Cash at bank and in hand | 54/58 | €272,636 | €640,340 | +€367,704 | +135% |
| Deferred charges and accrued income | 490/1 | €16,250 | €45,113 | +€28,863 | +178% |
| Total equity and liabilities | 10/49 | €8,186,161 | €7,798,402 | -€387,759 | -4.7% |
| Equity | 10/15 | €2,873,573 | €2,545,380 | -€328,193 | -11.4% |
| Contributions | 10/11 | €200,000 | €123,421 | -€76,579 | -38.3% |
| Reserves | 13 | €407,320 | €621,461 | +€214,141 | +52.6% |
| Tax-exempt reserves | 132 | €387,320 | €609,119 | +€221,799 | +57.3% |
| Distributable reserves | 133 | €20,000 | €12,342 | -€7,658 | -38.3% |
| Profit (loss) carried forward | 14 | €2,212,289 | €1,800,497 | -€411,792 | -18.6% |
| Investment grants | 15 | €53,964 | - | -€53,964 | |
| Amounts payable | 17/49 | €5,312,588 | €5,253,022 | -€59,566 | -1.1% |
| Amounts payable after more than one year | 17 | €882,043 | €758,787 | -€123,256 | -14.0% |
| Financial debts | 170/4 | €882,043 | €758,787 | -€123,256 | -14.0% |
| Amounts payable within one year | 42/48 | €4,430,545 | €4,494,235 | +€63,690 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €359,571 | €110,420 | -€249,151 | -69.3% |
| Financial debts | 43 | - | €728,247 | +€728,247 | |
| Credit institutions | 430/8 | - | €728,247 | +€728,247 | |
| Trade debts | 44 | €3,598,160 | €3,118,517 | -€479,643 | -13.3% |
| Suppliers | 440/4 | €3,598,160 | €3,118,517 | -€479,643 | -13.3% |
| Advances received on contracts in progress | 46 | - | €335,000 | +€335,000 | |
| Taxes, remuneration and social security | 45 | €312,428 | €115,863 | -€196,565 | -62.9% |
| Taxes | 450/3 | €232,409 | - | -€232,409 | |
| Remuneration and social security | 454/9 | €80,019 | €115,863 | +€35,844 | +44.8% |
| Other amounts payable | 47/48 | €160,386 | €86,189 | -€74,197 | -46.3% |
| Remuneration, social security and pensions | 62 | €592,438 | €740,581 | +€148,143 | +25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,948 | €76,973 | -€6,975 | -8.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €83,119 | +€83,119 | |
| Other operating charges | 640/8 | €7,670 | €10,593 | +€2,923 | +38.1% |
| Gross operating margin | 9900 | €1,649,361 | €1,891,780 | +€242,419 | +14.7% |
| Operating profit (loss) | 9901 | €965,305 | €980,514 | +€15,209 | +1.6% |
| Financial income | 75/76B | €10,829 | €1,919 | -€8,910 | -82.3% |
| Recurring financial income | 75 | €10,829 | €1,919 | -€8,910 | -82.3% |
| Financial charges | 65/66B | €65,239 | €40,420 | -€24,819 | -38.0% |
| Recurring financial charges | 65 | €65,239 | €40,420 | -€24,819 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | €910,895 | €942,013 | +€31,118 | +3.4% |
| Income taxes | 67/77 | €243,403 | €169,934 | -€73,469 | -30.2% |
| Profit (loss) for the period | 9904 | €667,492 | €772,080 | +€104,588 | +15.7% |
| Transfer to tax-exempt reserves | 689 | €168,400 | €336,800 | +€168,400 | +100% |
| Profit (loss) for the period to be appropriated | 9905 | €499,092 | €435,280 | -€63,812 | -12.8% |
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 16 October 2026 via checked.be.