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AGRINAC: what changed

Two fiscal 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

AGRINAC

BE 0504.977.644
NACE 46.311, Wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€11,345
2024 · €205,195-€193,850
Equity
€330,476
2024 · €326,498+€3,978
Cash
€122,019
2024 · €495,837-€373,817
Balance sheet total
€2.1m
2024 · €2.8m-€708,871

Largest movements

2024 to 2025
Assets
  • Cash -€373,817

    down €373,817 (-75.4%), from €495,837 to €122,019

    mainly Trade debts (-€431,449) and Debts after one year (-€299,494)

  • Receivables within one year -€168,766

    down €168,766 (-33.8%), from €499,565 to €330,799

    of which Trade receivables: -€137,089

  • Tangible fixed assets -€161,528

    down €161,528 (-8.8%), from €1.8m to €1.7m

    of which Furniture and vehicles: -€120,198

Equity and liabilities
  • Trade debts -€431,449

    down €431,449 (-46.1%), from €935,845 to €504,396

  • Debts after one year -€299,494

    down €299,494 (-23.5%), from €1.3m to €976,453

    of which Other amounts payable: -€165,771

  • Current portion of long-term debt +€35,571

    up €35,571 (+14.1%), from €251,557 to €287,129

Income statement
  • Gross operating margin -€185,063

    down €185,063 (-37.5%), from €493,170 to €308,107

  • Financial income -€14,000

    down €14,000 (-65.5%), from €21,367 to €7,367

  • Depreciation +€10,782

    up €10,782 (+4.3%), from €253,353 to €264,135

  • Taxes -€9,526

    down €9,526 (-85.1%), from €11,189 to €1,662

  • Financial charges -€7,331

    down €7,331 (-17.1%), from €42,825 to €35,494

From the 2024 result to the 2025 result

effect on the 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 €205,195
Gross operating margin -€185,063
Depreciation -€10,782
Other operating charges -€862
Financial income -€14,000
Financial charges +€7,331
Taxes +€9,526
Result 2025 €11,345

Cash bridge derived

cash 2024 to 2025

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 +€79
Investment -€102,607
Financing -€271,289
Cash 2024 €495,837
Net result for the year +€11,345
Depreciation +€264,135
Receivables within one year +€168,766
Deferred charges and accrued income +€4,760
Trade debts -€431,449
Tax, wage and social debts -€10,779
Other debts -€6,699
Investment in fixed assets (net) -€102,607
Debts after one year -€299,494
Current portion of long-term debt +€35,571
Contributions, distributions and other -€7,367
Cash 2025 €122,019
Every line side by side 45 lines
Line Code 2024 2025 Change %
Total assets 20/58 €2,828,849 €2,119,978 -€708,871 -25.1%
Fixed assets 21/28 €1,825,827 €1,664,299 -€161,528 -8.8%
Tangible fixed assets 22/27 €1,825,827 €1,664,299 -€161,528 -8.8%
Land and buildings 22 €286,826 €272,372 -€14,453 -5.0%
Plant, machinery and equipment 23 €134,894 €108,017 -€26,876 -19.9%
Furniture and vehicles 24 €1,404,107 €1,283,909 -€120,198 -8.6%
Current assets 29/58 €1,003,022 €455,678 -€547,344 -54.6%
Amounts receivable within one year 40/41 €499,565 €330,799 -€168,766 -33.8%
Trade receivables 40 €467,887 €330,799 -€137,089 -29.3%
Other amounts receivable 41 €31,677 €0 -€31,677 -100.0%
Cash at bank and in hand 54/58 €495,837 €122,019 -€373,817 -75.4%
Deferred charges and accrued income 490/1 €7,621 €2,860 -€4,760 -62.5%
Total equity and liabilities 10/49 €2,828,849 €2,119,978 -€708,871 -25.1%
Equity 10/15 €326,498 €330,476 +€3,978 +1.2%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €258,838 €270,184 +€11,345 +4.4%
Non-distributable reserves 130/1 €1,860 €0 -€1,860 -100.0%
Reserves not available under the articles 1311 €1,860 €0 -€1,860 -100.0%
Distributable reserves 133 €256,978 €270,184 +€13,205 +5.1%
Investment grants 15 €49,059 €41,692 -€7,367 -15.0%
Amounts payable 17/49 €2,502,351 €1,789,501 -€712,850 -28.5%
Amounts payable after more than one year 17 €1,275,947 €976,453 -€299,494 -23.5%
Financial debts 170/4 €939,216 €805,493 -€133,723 -14.2%
Other amounts payable 178/9 €336,731 €170,961 -€165,771 -49.2%
Amounts payable within one year 42/48 €1,226,404 €813,048 -€413,356 -33.7%
Current portion of amounts payable after more than one year 42 €251,557 €287,129 +€35,571 +14.1%
Trade debts 44 €935,845 €504,396 -€431,449 -46.1%
Suppliers 440/4 €935,845 €504,396 -€431,449 -46.1%
Taxes, remuneration and social security 45 €19,533 €8,753 -€10,779 -55.2%
Taxes 450/3 €19,533 €8,753 -€10,779 -55.2%
Other amounts payable 47/48 €19,469 €12,771 -€6,699 -34.4%
Non-recurring operating income 76A €54,851 €0 -€54,851 -100.0%
Remuneration, social security and pensions 62 €0 - =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €253,353 €264,135 +€10,782 +4.3%
Other operating charges 640/8 €1,976 €2,838 +€862 +43.6%
Gross operating margin 9900 €493,170 €308,107 -€185,063 -37.5%
Operating profit (loss) 9901 €237,842 €41,135 -€196,707 -82.7%
Financial income 75/76B €21,367 €7,367 -€14,000 -65.5%
Recurring financial income 75 €21,367 €7,367 -€14,000 -65.5%
Financial charges 65/66B €42,825 €35,494 -€7,331 -17.1%
Recurring financial charges 65 €42,825 €35,494 -€7,331 -17.1%
Profit (loss) for the period before taxes 9903 €216,384 €13,007 -€203,376 -94.0%
Income taxes 67/77 €11,189 €1,662 -€9,526 -85.1%
Profit (loss) for the period 9904 €205,195 €11,345 -€193,850 -94.5%
Profit (loss) for the period to be appropriated 9905 €205,195 €11,345 -€193,850 -94.5%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.