AGRIMAB: 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.
AGRIMAB
Largest movements
- Tangible fixed assets +€1.3m
up €1.3m (+271%), from €463,320 to €1.7m
of which Land and buildings: +€1.3m
- Cash -€1.1m
down €1.1m (-83.1%), from €1.3m to €218,942
mainly Investment in fixed assets (net) (-€1.4m) and Receivables after one year (-€926,100)
- Receivables after one year +€926,100
up €926,100 (+414%), from €223,908 to €1.2m
- Deferred charges and accrued income +€402,772
up €402,772 (+10,214%), from €3,944 to €406,716
- Stocks and contracts -€95,879
down €95,879 (-76.2%), from €125,879 to €30,000
- Debts after one year +€1.1m
up €1.1m (+391%), from €278,750 to €1.4m
- Reserves +€266,709
up €266,709 (+19.4%), from €1.4m to €1.6m
of which Tax-exempt reserves: +€210,500
- Current portion of long-term debt +€258,759
up €258,759 (+309%), from €83,667 to €342,426
- Short-term financial debts -€159,820
down €159,820 (-79.3%), from €201,588 to €41,768
- Other debts -€86,370
down €86,370 (-100%), from €86,370 to €0
- Gross operating margin -€589,222
down €589,222 (-48.4%), from €1.2m to €628,223
- Taxes -€221,788
down €221,788 (-72.0%), from €308,207 to €86,419
- Other operating charges +€82,322
up €82,322 (+914%), from €9,008 to €91,330
- Depreciation +€47,391
up €47,391 (+45.0%), from €105,241 to €152,632
- Financial charges +€32,951
up €32,951 (+129%), from €25,547 to €58,498
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 | €2,366,610 | €3,685,031 | +€1.3m | +55.7% |
| Fixed assets | 21/28 | €464,195 | €1,718,838 | +€1.3m | +270% |
| Tangible fixed assets | 22/27 | €463,320 | €1,717,963 | +€1.3m | +271% |
| Land and buildings | 22 | €835 | €1,311,773 | +€1.3m | +156,965% |
| Plant, machinery and equipment | 23 | €368,868 | €294,331 | -€74,537 | -20.2% |
| Furniture and vehicles | 24 | €93,616 | €111,859 | +€18,243 | +19.5% |
| Financial fixed assets | 28 | €875 | €875 | = | 0.0% |
| Current assets | 29/58 | €1,902,416 | €1,966,193 | +€63,777 | +3.4% |
| Amounts receivable after more than one year | 29 | €223,908 | €1,150,008 | +€926,100 | +414% |
| Other amounts receivable | 291 | €223,908 | €1,150,008 | +€926,100 | +414% |
| Stocks and contracts in progress | 3 | €125,879 | €30,000 | -€95,879 | -76.2% |
| Stocks | 30/36 | €125,879 | €30,000 | -€95,879 | -76.2% |
| Amounts receivable within one year | 40/41 | €253,560 | €160,527 | -€93,033 | -36.7% |
| Trade receivables | 40 | €135,132 | €16,643 | -€118,489 | -87.7% |
| Other amounts receivable | 41 | €118,428 | €143,884 | +€25,456 | +21.5% |
| Cash at bank and in hand | 54/58 | €1,295,125 | €218,942 | -€1.1m | -83.1% |
| Deferred charges and accrued income | 490/1 | €3,944 | €406,716 | +€402,772 | +10,214% |
| Total equity and liabilities | 10/49 | €2,366,610 | €3,685,031 | +€1.3m | +55.7% |
| Equity | 10/15 | €1,510,829 | €1,767,932 | +€257,103 | +17.0% |
| Contributions | 10/11 | €106,450 | €106,450 | = | 0.0% |
| Reserves | 13 | €1,372,797 | €1,639,506 | +€266,709 | +19.4% |
| Tax-exempt reserves | 132 | €315,750 | €526,250 | +€210,500 | +66.7% |
| Distributable reserves | 133 | €1,057,047 | €1,113,256 | +€56,209 | +5.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Investment grants | 15 | €31,582 | €21,976 | -€9,606 | -30.4% |
| Provisions and deferred taxes | 16 | €1,662 | €1,157 | -€506 | -30.4% |
| Deferred taxes | 168 | €1,662 | €1,157 | -€506 | -30.4% |
| Amounts payable | 17/49 | €854,119 | €1,915,942 | +€1.1m | +124% |
| Amounts payable after more than one year | 17 | €278,750 | €1,369,736 | +€1.1m | +391% |
| Financial debts | 170/4 | €278,750 | €1,369,736 | +€1.1m | +391% |
| Amounts payable within one year | 42/48 | €575,369 | €546,206 | -€29,163 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €83,667 | €342,426 | +€258,759 | +309% |
| Financial debts | 43 | €201,588 | €41,768 | -€159,820 | -79.3% |
| Credit institutions | 430/8 | €201,588 | €41,768 | -€159,820 | -79.3% |
| Trade debts | 44 | €144,853 | €153,191 | +€8,339 | +5.8% |
| Suppliers | 440/4 | €144,853 | €153,191 | +€8,339 | +5.8% |
| Taxes, remuneration and social security | 45 | €58,891 | €8,821 | -€50,070 | -85.0% |
| Taxes | 450/3 | €58,891 | €8,821 | -€50,070 | -85.0% |
| Other amounts payable | 47/48 | €86,370 | €0 | -€86,370 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,241 | €152,632 | +€47,391 | +45.0% |
| Other operating charges | 640/8 | €9,008 | €91,330 | +€82,322 | +914% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,217,445 | €628,223 | -€589,222 | -48.4% |
| Operating profit (loss) | 9901 | €1,103,196 | €384,261 | -€718,936 | -65.2% |
| Financial income | 75/76B | €21,360 | €26,860 | +€5,500 | +25.7% |
| Recurring financial income | 75 | €21,360 | €26,860 | +€5,500 | +25.7% |
| Financial charges | 65/66B | €25,547 | €58,498 | +€32,951 | +129% |
| Recurring financial charges | 65 | €25,547 | €58,498 | +€32,951 | +129% |
| Profit (loss) for the period before taxes | 9903 | €1,099,009 | €352,622 | -€746,387 | -67.9% |
| Transfer from deferred taxes | 780 | €866 | €506 | -€360 | -41.6% |
| Income taxes | 67/77 | €308,207 | €86,419 | -€221,788 | -72.0% |
| Profit (loss) for the period | 9904 | €791,668 | €266,709 | -€524,959 | -66.3% |
| Transfer to tax-exempt reserves | 689 | €315,750 | €210,500 | -€105,250 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €475,918 | €56,209 | -€419,709 | -88.2% |
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 24 October 2026 via checked.be.