AGRIM: 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.
AGRIM
Largest movements
- Cash +€323,321
up €323,321 (+643%), from €50,293 to €373,614
mainly Debts after one year (+€334,059) and Stocks and contracts (+€129,240)
- Tangible fixed assets +€213,733
up €213,733 (+60.2%), from €355,001 to €568,734
of which Land and buildings: +€250,131
- Stocks and contracts -€129,240
down €129,240 (-35.8%), from €360,940 to €231,700
- Receivables within one year +€74,506
up €74,506 (+49.9%), from €149,304 to €223,810
of which Trade receivables: +€53,946
- Debts after one year +€334,059
up €334,059 (+81.8%), from €408,392 to €742,451
of which Financial debts: +€266,934
- Trade debts +€127,225
up €127,225 (+2,203%), from €5,775 to €133,000
- Gross operating margin +€54,346
up €54,346 (+1,124%), from €4,835 to €59,181
- Other operating charges -€12,843
down €12,843 (-59.3%), from €21,671 to €8,828
- Depreciation -€3,497
down €3,497 (-9.3%), from €37,433 to €33,936
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 | €924,066 | €1,404,154 | +€480,088 | +52.0% |
| Fixed assets | 21/28 | €358,276 | €569,934 | +€211,658 | +59.1% |
| Tangible fixed assets | 22/27 | €355,001 | €568,734 | +€213,733 | +60.2% |
| Land and buildings | 22 | €268,024 | €518,154 | +€250,131 | +93.3% |
| Plant, machinery and equipment | 23 | €53,732 | €42,628 | -€11,104 | -20.7% |
| Furniture and vehicles | 24 | €14,899 | €7,951 | -€6,948 | -46.6% |
| Other tangible fixed assets | 26 | €18,347 | €0 | -€18,347 | -100% |
| Financial fixed assets | 28 | €3,275 | €1,200 | -€2,075 | -63.4% |
| Current assets | 29/58 | €565,790 | €834,220 | +€268,430 | +47.4% |
| Stocks and contracts in progress | 3 | €360,940 | €231,700 | -€129,240 | -35.8% |
| Stocks | 30/36 | €360,940 | €231,700 | -€129,240 | -35.8% |
| Amounts receivable within one year | 40/41 | €149,304 | €223,810 | +€74,506 | +49.9% |
| Trade receivables | 40 | €242 | €54,188 | +€53,946 | +22,295% |
| Other amounts receivable | 41 | €149,062 | €169,623 | +€20,560 | +13.8% |
| Cash at bank and in hand | 54/58 | €50,293 | €373,614 | +€323,321 | +643% |
| Deferred charges and accrued income | 490/1 | €5,253 | €5,096 | -€157 | -3.0% |
| Total equity and liabilities | 10/49 | €924,066 | €1,404,154 | +€480,088 | +52.0% |
| Equity | 10/15 | €438,127 | €450,050 | +€11,923 | +2.7% |
| Contributions | 10/11 | €126,500 | €126,500 | = | 0.0% |
| Reserves | 13 | €493,940 | €493,506 | -€434 | -0.1% |
| Non-distributable reserves | 130/1 | €12,650 | €12,650 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,650 | €12,650 | = | 0.0% |
| Tax-exempt reserves | 132 | €118,645 | €118,212 | -€434 | -0.4% |
| Distributable reserves | 133 | €362,645 | €362,645 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€182,313 | -€169,956 | +€12,357 | +6.8% |
| Provisions and deferred taxes | 16 | €39,548 | €39,404 | -€145 | -0.4% |
| Deferred taxes | 168 | €39,548 | €39,404 | -€145 | -0.4% |
| Amounts payable | 17/49 | €446,390 | €914,700 | +€468,310 | +105% |
| Amounts payable after more than one year | 17 | €408,392 | €742,451 | +€334,059 | +81.8% |
| Financial debts | 170/4 | €94,184 | €361,117 | +€266,934 | +283% |
| Other amounts payable | 178/9 | €314,208 | €381,334 | +€67,126 | +21.4% |
| Amounts payable within one year | 42/48 | €36,138 | €169,426 | +€133,288 | +369% |
| Current portion of amounts payable after more than one year | 42 | €20,518 | €33,066 | +€12,548 | +61.2% |
| Trade debts | 44 | €5,775 | €133,000 | +€127,225 | +2,203% |
| Suppliers | 440/4 | €5,775 | €133,000 | +€127,225 | +2,203% |
| Taxes, remuneration and social security | 45 | €2,344 | €3,360 | +€1,015 | +43.3% |
| Taxes | 450/3 | €2,344 | €3,360 | +€1,015 | +43.3% |
| Other amounts payable | 47/48 | €7,500 | €0 | -€7,500 | -100% |
| Accrued charges and deferred income | 492/3 | €1,860 | €2,822 | +€962 | +51.7% |
| Non-recurring operating income | 76A | €35,945 | €64,411 | +€28,467 | +79.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,433 | €33,936 | -€3,497 | -9.3% |
| Other operating charges | 640/8 | €21,671 | €8,828 | -€12,843 | -59.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €4,835 | €59,181 | +€54,346 | +1,124% |
| Operating profit (loss) | 9901 | -€54,269 | €16,417 | +€70,686 | |
| Financial charges | 65/66B | €4,221 | €4,638 | +€418 | +9.9% |
| Recurring financial charges | 65 | €4,221 | €4,638 | +€418 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | -€58,490 | €11,778 | +€70,269 | |
| Transfer from deferred taxes | 780 | €145 | €145 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€58,345 | €11,923 | +€70,269 | |
| Transfer from tax-exempt reserves | 789 | €434 | €434 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,912 | €12,357 | +€70,269 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.