AGRINEFFE: 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.
AGRINEFFE
Largest movements
- Tangible fixed assets -€73,092
down €73,092 (-2.8%), from €2.6m to €2.6m
- Cash +€39,473
up €39,473 (+59.1%), from €66,743 to €106,216
mainly Other debts (+€289,375) and Depreciation (+€96,219)
- Profit (loss) carried forward -€292,199
down €292,199 (-25.9%), from -€1.1m to -€1.4m
- Other debts +€289,375
up €289,375 (+22.2%), from €1.3m to €1.6m
- Gross operating margin +€85,858
up €85,858 (+90.6%), from -€94,804 to -€8,946
- Staff costs +€37,835
up €37,835 (+29.4%), from €128,620 to €166,455
- Other operating charges -€36,450
down €36,450 (-66.1%), from €55,130 to €18,680
- Depreciation +€5,421
up €5,421 (+6.0%), from €90,797 to €96,219
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 | €2,958,684 | €2,947,596 | -€11,088 | -0.4% |
| Fixed assets | 21/28 | €2,633,457 | €2,560,365 | -€73,092 | -2.8% |
| Tangible fixed assets | 22/27 | €2,633,457 | €2,560,365 | -€73,092 | -2.8% |
| Land and buildings | 22 | €2,350,247 | €2,345,054 | -€5,193 | -0.2% |
| Plant, machinery and equipment | 23 | €118,240 | €88,496 | -€29,744 | -25.2% |
| Furniture and vehicles | 24 | €38,459 | €26,501 | -€11,957 | -31.1% |
| Other tangible fixed assets | 26 | €126,512 | €100,314 | -€26,198 | -20.7% |
| Current assets | 29/58 | €325,227 | €387,231 | +€62,004 | +19.1% |
| Stocks and contracts in progress | 3 | €11,719 | - | -€11,719 | |
| Stocks | 30/36 | €11,719 | - | -€11,719 | |
| Amounts receivable within one year | 40/41 | €223,931 | €245,335 | +€21,404 | +9.6% |
| Trade receivables | 40 | €99,156 | €99,360 | +€204 | +0.2% |
| Other amounts receivable | 41 | €124,775 | €145,975 | +€21,200 | +17.0% |
| Current investments | 50/53 | €3,562 | €2,032 | -€1,530 | -43.0% |
| Cash at bank and in hand | 54/58 | €66,743 | €106,216 | +€39,473 | +59.1% |
| Deferred charges and accrued income | 490/1 | €19,271 | €33,648 | +€14,377 | +74.6% |
| Total equity and liabilities | 10/49 | €2,958,684 | €2,947,596 | -€11,088 | -0.4% |
| Equity | 10/15 | €1,301,956 | €1,009,757 | -€292,199 | -22.4% |
| Contributions | 10/11 | €2,429,357 | €2,429,357 | = | 0.0% |
| Capital | 10 | €2,429,357 | €2,429,357 | = | 0.0% |
| Issued capital | 100 | €2,429,357 | €2,429,357 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,127,400 | -€1,419,600 | -€292,199 | -25.9% |
| Amounts payable | 17/49 | €1,656,728 | €1,937,839 | +€281,112 | +17.0% |
| Amounts payable within one year | 42/48 | €1,656,728 | €1,937,839 | +€281,112 | +17.0% |
| Trade debts | 44 | €229,997 | €209,419 | -€20,578 | -8.9% |
| Suppliers | 440/4 | €229,997 | €209,419 | -€20,578 | -8.9% |
| Taxes, remuneration and social security | 45 | €122,075 | €134,389 | +€12,314 | +10.1% |
| Taxes | 450/3 | €69,680 | €79,468 | +€9,789 | +14.0% |
| Remuneration and social security | 454/9 | €52,396 | €54,921 | +€2,525 | +4.8% |
| Other amounts payable | 47/48 | €1,304,656 | €1,594,031 | +€289,375 | +22.2% |
| Remuneration, social security and pensions | 62 | €128,620 | €166,455 | +€37,835 | +29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,797 | €96,219 | +€5,421 | +6.0% |
| Other operating charges | 640/8 | €55,130 | €18,680 | -€36,450 | -66.1% |
| Non-recurring operating charges | 66A | €16,453 | - | -€16,453 | |
| Gross operating margin | 9900 | -€94,804 | -€8,946 | +€85,858 | +90.6% |
| Operating profit (loss) | 9901 | -€385,804 | -€290,300 | +€95,504 | +24.8% |
| Financial income | 75/76B | €1 | €119 | +€119 | +16,959% |
| Recurring financial income | 75 | €1 | €119 | +€119 | +16,959% |
| Financial charges | 65/66B | €2,094 | €2,019 | -€75 | -3.6% |
| Recurring financial charges | 65 | €2,094 | €2,019 | -€75 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | -€387,897 | -€292,199 | +€95,698 | +24.7% |
| Profit (loss) for the period | 9904 | -€387,897 | -€292,199 | +€95,698 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€387,897 | -€292,199 | +€95,698 | +24.7% |
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 19 October 2026 via checked.be.