AGRILAX: 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.
What changed
AGRILAX
NACE 01.610, Support activities for crop production
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€63,354
2024 · -€35,533+€98,887
Equity
€167,697
2024 · €104,343+€63,354
Cash
€11,755
2024 · €22,289-€10,534
Balance sheet total
€1.2m
2024 · €911,625+€309,178
Largest movements
Assets
- Receivables within one year +€320,718
up €320,718 (+142%), from €225,360 to €546,078
of which Trade receivables: +€325,062
Equity and liabilities
- Trade debts +€211,003
up €211,003 (+238%), from €88,715 to €299,719
- Other debts +€98,533
up €98,533 (+65.3%), from €150,942 to €249,475
- Reserves +€32,143
up €32,143 (+27.5%), from €116,954 to €149,097
of which Distributable reserves: +€36,464
- Profit (loss) carried forward +€31,211
no longer reported in 2025 (was -€31,211)
- Accrued charges and deferred income -€22,551
no longer reported in 2025 (was €22,551)
Income statement
- Gross operating margin +€128,647
up €128,647 (+106%), from €121,724 to €250,370
- Depreciation +€23,011
up €23,011 (+16.8%), from €137,037 to €160,049
- Financial charges +€7,222
up €7,222 (+71.4%), from €10,116 to €17,338
- Taxes -€6,999
down €6,999 (-64.6%), from €10,827 to €3,828
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.
Result 2024
-€35,533
Gross operating margin
+€128,647
Depreciation
-€23,011
Write-downs
-€14
Other operating charges
-€54
Other operating items
-€6,380
Financial income
-€76
Financial charges
-€7,222
Taxes
+€6,999
Result 2025
€63,354
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€196,233
Investment
-€168,705
Financing
-€38,062
Cash 2024
€22,289
From operations (derived)
+€196,233
Net result for the year
+€63,354
Depreciation
+€160,049
Stocks and contracts
+€5,605
Receivables within one year
-€320,718
Deferred charges and accrued income
+€4,057
Provisions
-€1,765
Trade debts
+€211,003
Tax, wage and social debts
-€1,334
Other debts
+€98,533
Accrued charges and deferred income
-€22,551
Investment (derived)
-€168,705
Investment in fixed assets (net)
-€168,705
Financing
-€38,062
Debts after one year
-€21,049
Current portion of long-term debt
-€17,013
Cash 2025
€11,755
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €911,625 | €1,220,803 | +€309,178 | +33.9% |
| Fixed assets | 21/28 | €643,526 | €652,183 | +€8,657 | +1.3% |
| Intangible fixed assets | 21 | €939 | €562 | -€377 | -40.1% |
| Tangible fixed assets | 22/27 | €642,587 | €651,620 | +€9,033 | +1.4% |
| Plant, machinery and equipment | 23 | €485,285 | €398,395 | -€86,891 | -17.9% |
| Furniture and vehicles | 24 | €31,842 | €16,169 | -€15,673 | -49.2% |
| Leasing and similar rights | 25 | €125,460 | €232,250 | +€106,790 | +85.1% |
| Assets under construction and advance payments | 27 | - | €4,807 | +€4,807 | |
| Current assets | 29/58 | €268,099 | €568,620 | +€300,522 | +112% |
| Stocks and contracts in progress | 3 | €8,292 | €2,687 | -€5,605 | -67.6% |
| Stocks | 30/36 | €8,292 | €2,687 | -€5,605 | -67.6% |
| Amounts receivable within one year | 40/41 | €225,360 | €546,078 | +€320,718 | +142% |
| Trade receivables | 40 | €221,017 | €546,078 | +€325,062 | +147% |
| Other amounts receivable | 41 | €4,344 | - | -€4,344 | |
| Cash at bank and in hand | 54/58 | €22,289 | €11,755 | -€10,534 | -47.3% |
| Deferred charges and accrued income | 490/1 | €12,157 | €8,100 | -€4,057 | -33.4% |
| Total equity and liabilities | 10/49 | €911,625 | €1,220,803 | +€309,178 | +33.9% |
| Equity | 10/15 | €104,343 | €167,697 | +€63,354 | +60.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €116,954 | €149,097 | +€32,143 | +27.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,643 | €4,322 | -€4,322 | -50.0% |
| Distributable reserves | 133 | €106,451 | €142,915 | +€36,464 | +34.3% |
| Profit (loss) carried forward | 14 | -€31,211 | - | +€31,211 | |
| Provisions and deferred taxes | 16 | €3,530 | €1,765 | -€1,765 | -50.0% |
| Deferred taxes | 168 | €3,530 | €1,765 | -€1,765 | -50.0% |
| Amounts payable | 17/49 | €803,751 | €1,051,341 | +€247,590 | +30.8% |
| Amounts payable after more than one year | 17 | €411,176 | €390,127 | -€21,049 | -5.1% |
| Financial debts | 170/4 | €411,176 | €390,127 | -€21,049 | -5.1% |
| Amounts payable within one year | 42/48 | €370,024 | €661,214 | +€291,189 | +78.7% |
| Current portion of amounts payable after more than one year | 42 | €122,937 | €105,924 | -€17,013 | -13.8% |
| Trade debts | 44 | €88,715 | €299,719 | +€211,003 | +238% |
| Suppliers | 440/4 | €88,715 | €299,719 | +€211,003 | +238% |
| Taxes, remuneration and social security | 45 | €7,430 | €6,097 | -€1,334 | -17.9% |
| Taxes | 450/3 | €7,430 | €6,097 | -€1,334 | -17.9% |
| Other amounts payable | 47/48 | €150,942 | €249,475 | +€98,533 | +65.3% |
| Accrued charges and deferred income | 492/3 | €22,551 | - | -€22,551 | |
| Non-recurring operating income | 76A | €821 | - | -€821 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137,037 | €160,049 | +€23,011 | +16.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €14 | +€14 | |
| Other operating charges | 640/8 | €1,120 | €1,174 | +€54 | +4.8% |
| Non-recurring operating charges | 66A | - | €6,380 | +€6,380 | |
| Gross operating margin | 9900 | €121,724 | €250,370 | +€128,647 | +106% |
| Operating profit (loss) | 9901 | -€16,433 | €82,753 | +€99,186 | |
| Financial income | 75/76B | €78 | €2 | -€76 | -97.9% |
| Recurring financial income | 75 | €78 | €2 | -€76 | -97.9% |
| Financial charges | 65/66B | €10,116 | €17,338 | +€7,222 | +71.4% |
| Recurring financial charges | 65 | €10,116 | €17,338 | +€7,222 | +71.4% |
| Profit (loss) for the period before taxes | 9903 | -€26,471 | €65,417 | +€91,888 | |
| Transfer from deferred taxes | 780 | €1,765 | €1,765 | = | 0.0% |
| Income taxes | 67/77 | €10,827 | €3,828 | -€6,999 | -64.6% |
| Profit (loss) for the period | 9904 | -€35,533 | €63,354 | +€98,887 | |
| Transfer from tax-exempt reserves | 789 | €4,322 | €4,322 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,211 | €67,675 | +€98,887 |
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 24 October 2026 via checked.be.