AGRIPEETERS: 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.
AGRIPEETERS
Largest movements
- Tangible fixed assets +€131,255
up €131,255 (+137.9%), from €95,188 to €226,442
of which Leasing and similar rights: +€147,698
- Receivables within one year +€20,346
up €20,346 (+8.6%), from €237,756 to €258,102
of which Trade receivables: +€12,429
- Cash +€8,524
up €8,524 (+217.7%), from €3,916 to €12,440
mainly Debts after one year (+€81,948) and Net result for the year (+€54,020)
- Debts after one year +€81,948
up €81,948 (+142.1%), from €57,662 to €139,610
- Profit (loss) carried forward +€31,520
up €31,520 (+45.4%), from €69,439 to €100,959
- Reserves +€22,500
up €22,500 (+1210.2%), from €1,859 to €24,359
of which Tax-exempt reserves: +€22,500
- Trade debts -€18,357
down €18,357 (-12.7%), from €145,046 to €126,689
- Current portion of long-term debt +€13,991
up €13,991 (+76.1%), from €18,391 to €32,382
- Gross operating margin +€42,800
up €42,800 (+50.0%), from €85,673 to €128,473
- Other operating charges +€6,190
up €6,190 (+355.2%), from €1,743 to €7,932
- Staff costs -€3,256
down €3,256 (-8.5%), from €38,221 to €34,965
- Taxes +€2,359
new in 2024: €2,359
- Depreciation +€1,895
up €1,895 (+10.4%), from €18,150 to €20,046
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €337,159 | €497,284 | +€160,125 | +47.5% |
| Fixed assets | 21/28 | €95,488 | €226,742 | +€131,255 | +137.5% |
| Tangible fixed assets | 22/27 | €95,188 | €226,442 | +€131,255 | +137.9% |
| Plant, machinery and equipment | 23 | €50,135 | €38,698 | -€11,438 | -22.8% |
| Leasing and similar rights | 25 | - | €147,698 | +€147,698 | |
| Other tangible fixed assets | 26 | €45,053 | €40,047 | -€5,006 | -11.1% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €241,672 | €270,542 | +€28,870 | +11.9% |
| Amounts receivable within one year | 40/41 | €237,756 | €258,102 | +€20,346 | +8.6% |
| Trade receivables | 40 | €121,491 | €133,920 | +€12,429 | +10.2% |
| Other amounts receivable | 41 | €116,265 | €124,182 | +€7,917 | +6.8% |
| Cash at bank and in hand | 54/58 | €3,916 | €12,440 | +€8,524 | +217.7% |
| Total equity and liabilities | 10/49 | €337,159 | €497,284 | +€160,125 | +47.5% |
| Equity | 10/15 | €89,890 | €143,910 | +€54,020 | +60.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €24,359 | +€22,500 | +1210.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €22,500 | +€22,500 | |
| Profit (loss) carried forward | 14 | €69,439 | €100,959 | +€31,520 | +45.4% |
| Provisions and deferred taxes | 16 | - | €7,500 | +€7,500 | |
| Deferred taxes | 168 | - | €7,500 | +€7,500 | |
| Amounts payable | 17/49 | €247,269 | €345,874 | +€98,605 | +39.9% |
| Amounts payable after more than one year | 17 | €57,662 | €139,610 | +€81,948 | +142.1% |
| Financial debts | 170/4 | €57,662 | €139,610 | +€81,948 | +142.1% |
| Amounts payable within one year | 42/48 | €189,607 | €206,264 | +€16,657 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €18,391 | €32,382 | +€13,991 | +76.1% |
| Trade debts | 44 | €145,046 | €126,689 | -€18,357 | -12.7% |
| Suppliers | 440/4 | €145,046 | €126,689 | -€18,357 | -12.7% |
| Advances received on contracts in progress | 46 | - | €13,916 | +€13,916 | |
| Taxes, remuneration and social security | 45 | €4,549 | €11,656 | +€7,107 | +156.2% |
| Taxes | 450/3 | - | €2,798 | +€2,798 | |
| Remuneration and social security | 454/9 | €4,549 | €8,858 | +€4,309 | +94.7% |
| Other amounts payable | 47/48 | €21,621 | €21,621 | = | 0.0% |
| Non-recurring operating income | 76A | - | €35,000 | +€35,000 | |
| Remuneration, social security and pensions | 62 | €38,221 | €34,965 | -€3,256 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,150 | €20,046 | +€1,895 | +10.4% |
| Other operating charges | 640/8 | €1,743 | €7,932 | +€6,190 | +355.2% |
| Gross operating margin | 9900 | €85,673 | €128,473 | +€42,800 | +50.0% |
| Operating profit (loss) | 9901 | €27,559 | €65,530 | +€37,971 | +137.8% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €1,363 | €1,651 | +€287 | +21.1% |
| Recurring financial charges | 65 | €1,363 | €1,651 | +€287 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | €26,200 | €63,879 | +€37,679 | +143.8% |
| Transfer from deferred taxes | 780 | - | €1,250 | +€1,250 | |
| Transfer to deferred taxes | 680 | - | €8,750 | +€8,750 | |
| Income taxes | 67/77 | - | €2,359 | +€2,359 | |
| Profit (loss) for the period | 9904 | €26,200 | €54,020 | +€27,820 | +106.2% |
| Transfer from tax-exempt reserves | 789 | - | €3,750 | +€3,750 | |
| Transfer to tax-exempt reserves | 689 | - | €26,250 | +€26,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,200 | €31,520 | +€5,320 | +20.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.