AGRIJOE: 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.
AGRIJOE
Largest movements
- Tangible fixed assets +€306,581
up €306,581 (+29.1%), from €1.1m to €1.4m
- Receivables within one year +€286,304
up €286,304 (+92.2%), from €310,557 to €596,861
of which Trade receivables: +€325,971
- Debts after one year +€311,229
up €311,229 (+45.7%), from €680,386 to €991,614
- Reserves +€164,036
up €164,036 (+1,640,362%), from €10 to €164,046
of which Tax-exempt reserves: +€164,036
- Provisions +€60,239
new in 2024: €60,239
- Other debts -€53,217
down €53,217 (-20.4%), from €261,014 to €207,797
- Trade debts +€41,174
up €41,174 (+25.3%), from €162,727 to €203,901
- Purchases and services +€186,083
up €186,083 (+107%), from €173,655 to €359,738
- Turnover +€151,106
up €151,106 (+38.3%), from €394,422 to €545,528
- Gross operating margin -€87,226
down €87,226 (-31.9%), from €273,015 to €185,789
- Financial charges +€13,719
up €13,719 (+265%), from €5,186 to €18,906
of which Financial charges: +€9,782
- Depreciation +€10,830
up €10,830 (+7.8%), from €137,986 to €148,817
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,426,342 | €2,002,223 | +€575,881 | +40.4% |
| Fixed assets | 21/28 | €1,052,868 | €1,359,448 | +€306,581 | +29.1% |
| Tangible fixed assets | 22/27 | €1,052,868 | €1,359,448 | +€306,581 | +29.1% |
| Plant, machinery and equipment | 23 | €1,052,868 | €1,359,448 | +€306,581 | +29.1% |
| Current assets | 29/58 | €373,474 | €642,775 | +€269,300 | +72.1% |
| Stocks and contracts in progress | 3 | €7,814 | €3,742 | -€4,072 | -52.1% |
| Stocks | 30/36 | €7,814 | €3,742 | -€4,072 | -52.1% |
| Amounts receivable within one year | 40/41 | €310,557 | €596,861 | +€286,304 | +92.2% |
| Trade receivables | 40 | €246,839 | €572,810 | +€325,971 | +132% |
| Other amounts receivable | 41 | €63,718 | €24,051 | -€39,667 | -62.3% |
| Cash at bank and in hand | 54/58 | €52,359 | €39,427 | -€12,932 | -24.7% |
| Deferred charges and accrued income | 490/1 | €2,745 | €2,745 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,426,342 | €2,002,223 | +€575,881 | +40.4% |
| Equity | 10/15 | €246,375 | €443,713 | +€197,338 | +80.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €10 | €164,046 | +€164,036 | +1,640,362% |
| Non-distributable reserves | 130/1 | €10 | €10 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10 | €10 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €164,036 | +€164,036 | |
| Profit (loss) carried forward | 14 | €226,365 | €259,667 | +€33,301 | +14.7% |
| Provisions and deferred taxes | 16 | - | €60,239 | +€60,239 | |
| Deferred taxes | 168 | - | €60,239 | +€60,239 | |
| Amounts payable | 17/49 | €1,179,967 | €1,498,272 | +€318,305 | +27.0% |
| Amounts payable after more than one year | 17 | €680,386 | €991,614 | +€311,229 | +45.7% |
| Financial debts | 170/4 | €680,386 | €991,614 | +€311,229 | +45.7% |
| Amounts payable within one year | 42/48 | €499,581 | €506,657 | +€7,076 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €71,200 | €88,414 | +€17,214 | +24.2% |
| Trade debts | 44 | €162,727 | €203,901 | +€41,174 | +25.3% |
| Suppliers | 440/4 | €162,727 | €203,901 | +€41,174 | +25.3% |
| Taxes, remuneration and social security | 45 | €4,640 | €6,545 | +€1,905 | +41.0% |
| Taxes | 450/3 | €4,640 | €6,545 | +€1,905 | +41.0% |
| Other amounts payable | 47/48 | €261,014 | €207,797 | -€53,217 | -20.4% |
| Turnover | 70 | €394,422 | €545,528 | +€151,106 | +38.3% |
| Non-recurring operating income | 76A | €52,249 | - | -€52,249 | |
| Goods, raw materials, services and sundry goods | 60/61 | €173,655 | €359,738 | +€186,083 | +107% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137,986 | €148,817 | +€10,830 | +7.8% |
| Other operating charges | 640/8 | €565 | €1,137 | +€572 | +101% |
| Gross operating margin | 9900 | €273,015 | €185,789 | -€87,226 | -31.9% |
| Operating profit (loss) | 9901 | €134,464 | €35,836 | -€98,629 | -73.3% |
| Financial income | 75/76B | €221 | €291 | +€71 | +32.1% |
| Recurring financial income | 75 | €221 | €291 | +€71 | +32.1% |
| Financial charges | 65/66B | €5,186 | €18,906 | +€13,719 | +265% |
| Recurring financial charges | 65 | €5,186 | €14,969 | +€9,782 | +189% |
| Non-recurring financial charges | 66B | - | €3,937 | +€3,937 | |
| Profit (loss) for the period before taxes | 9903 | €129,499 | €17,222 | -€112,277 | -86.7% |
| Transfer from deferred taxes | 780 | - | €11,916 | +€11,916 | |
| Profit (loss) for the period | 9904 | €129,499 | €29,138 | -€100,361 | -77.5% |
| Transfer from tax-exempt reserves | 789 | - | €4,164 | +€4,164 | |
| Profit (loss) for the period to be appropriated | 9905 | €129,499 | €33,301 | -€96,197 | -74.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.