AGRIMAT: 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
AGRIMAT
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.5m
2024 · €557,185+€957,356
Equity
€3.6m
2024 · €2.1m+€1.5m
Cash
€215,771
2024 · €149,295+€66,476
Balance sheet total
€11.2m
2024 · €9.5m+€1.7m
Largest movements
Assets
- Receivables within one year +€2.6m
up €2.6m (+70.5%), from €3.7m to €6.3m
of which Other amounts receivable: +€2.7m
- Current investments -€730,000
down €730,000 (-100%), from €730,000 to €0
- Financial fixed assets -€652,441
down €652,441 (-19.2%), from €3.4m to €2.7m
- Tangible fixed assets +€273,993
new in 2025: €273,993
Equity and liabilities
- Profit (loss) carried forward +€1.5m
up €1.5m (+69.7%), from -€2.2m to -€659,072
- Debts after one year +€318,126
up €318,126 (+9.8%), from €3.3m to €3.6m
- Other debts -€174,930
down €174,930 (-4.3%), from €4.1m to €3.9m
Income statement
- Financial income +€1.1m
up €1.1m (+363%), from €296,559 to €1.4m
of which Non-recurring financial income: +€1.0m
- Gross operating margin -€118,182
down €118,182 (-27.9%), from €423,026 to €304,844
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
€557,185
Gross operating margin
-€118,182
Other operating charges
+€755
Financial income
+€1.1m
Financial charges
-€3,054
Taxes
+€103
Result 2025
€1.5m
raises the resultlowers the result
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
-€1.4m
Investment
+€1.1m
Financing
+€343,558
Cash 2024
€149,295
From operations (derived)
-€1.4m
Net result for the year
+€1.5m
Receivables within one year
-€2.6m
Deferred charges and accrued income
-€96,976
Smaller working-capital items
-€1,553
Tax, wage and social debts
-€19,323
Other debts
-€174,930
Investment (derived)
+€1.1m
Investment in fixed assets (net)
+€378,448
Current investments
+€730,000
Financing
+€343,558
Debts after one year
+€318,126
Current portion of long-term debt
+€25,432
Cash 2025
€215,771
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,537,644 | €11,199,937 | +€1.7m | +17.4% |
| Fixed assets | 21/28 | €3,398,940 | €3,020,492 | -€378,448 | -11.1% |
| Tangible fixed assets | 22/27 | - | €273,993 | +€273,993 | |
| Plant, machinery and equipment | 23 | - | €273,993 | +€273,993 | |
| Financial fixed assets | 28 | €3,398,940 | €2,746,498 | -€652,441 | -19.2% |
| Current assets | 29/58 | €6,138,705 | €8,179,446 | +€2.0m | +33.2% |
| Amounts receivable after more than one year | 29 | €1,066,636 | €1,066,636 | = | 0.0% |
| Other amounts receivable | 291 | €1,066,636 | €1,066,636 | = | 0.0% |
| Stocks and contracts in progress | 3 | €390,109 | €390,109 | = | 0.0% |
| Stocks | 30/36 | €390,109 | €390,109 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,698,724 | €6,306,013 | +€2.6m | +70.5% |
| Trade receivables | 40 | €238,374 | €152,424 | -€85,950 | -36.1% |
| Other amounts receivable | 41 | €3,460,350 | €6,153,589 | +€2.7m | +77.8% |
| Current investments | 50/53 | €730,000 | €0 | -€730,000 | -100% |
| Cash at bank and in hand | 54/58 | €149,295 | €215,771 | +€66,476 | +44.5% |
| Deferred charges and accrued income | 490/1 | €103,941 | €200,917 | +€96,976 | +93.3% |
| Total equity and liabilities | 10/49 | €9,537,644 | €11,199,937 | +€1.7m | +17.4% |
| Equity | 10/15 | €2,078,888 | €3,593,428 | +€1.5m | +72.9% |
| Contributions | 10/11 | €4,175,000 | €4,175,000 | = | 0.0% |
| Capital | 10 | €4,175,000 | €4,175,000 | = | 0.0% |
| Issued capital | 100 | €4,175,000 | €4,175,000 | = | 0.0% |
| Reserves | 13 | €77,500 | €77,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €77,500 | €77,500 | = | 0.0% |
| Legal reserve | 130 | €77,500 | €77,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,173,612 | -€659,072 | +€1.5m | +69.7% |
| Amounts payable | 17/49 | €7,458,757 | €7,606,509 | +€147,753 | +2.0% |
| Amounts payable after more than one year | 17 | €3,250,000 | €3,568,126 | +€318,126 | +9.8% |
| Financial debts | 170/4 | €3,250,000 | €3,568,126 | +€318,126 | +9.8% |
| Amounts payable within one year | 42/48 | €4,101,996 | €3,932,743 | -€169,253 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | - | €25,432 | +€25,432 | |
| Trade debts | 44 | €491 | €59 | -€432 | -88.1% |
| Suppliers | 440/4 | €491 | €59 | -€432 | -88.1% |
| Taxes, remuneration and social security | 45 | €39,563 | €20,240 | -€19,323 | -48.8% |
| Taxes | 450/3 | €39,563 | €20,240 | -€19,323 | -48.8% |
| Other amounts payable | 47/48 | €4,061,942 | €3,887,012 | -€174,930 | -4.3% |
| Accrued charges and deferred income | 492/3 | €106,761 | €105,640 | -€1,120 | -1.0% |
| Other operating charges | 640/8 | €2,060 | €1,305 | -€755 | -36.6% |
| Gross operating margin | 9900 | €423,026 | €304,844 | -€118,182 | -27.9% |
| Operating profit (loss) | 9901 | €420,967 | €303,539 | -€117,428 | -27.9% |
| Financial income | 75/76B | €296,559 | €1,374,294 | +€1.1m | +363% |
| Recurring financial income | 75 | €296,559 | €347,789 | +€51,230 | +17.3% |
| Non-recurring financial income | 76B | €0 | €1,026,505 | +€1.0m | |
| Financial charges | 65/66B | €159,733 | €162,787 | +€3,054 | +1.9% |
| Recurring financial charges | 65 | €159,733 | €162,787 | +€3,054 | +1.9% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €557,793 | €1,515,046 | +€957,253 | +172% |
| Income taxes | 67/77 | €608 | €505 | -€103 | -16.9% |
| Profit (loss) for the period | 9904 | €557,185 | €1,514,540 | +€957,356 | +172% |
| Profit (loss) for the period to be appropriated | 9905 | €557,185 | €1,514,540 | +€957,356 | +172% |
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 31 October 2026 via checked.be.