AGRISERT: 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.
AGRISERT
Largest movements
- Cash -€1.6m
down €1.6m (-91.8%), from €1.7m to €139,899
mainly Net result for the year (-€1.7m) and Trade debts (-€1.3m)
- Receivables within one year -€284,418
down €284,418 (-49.1%), from €578,759 to €294,341
of which Trade receivables: -€149,414
- Tangible fixed assets -€181,182
down €181,182 (-9.2%), from €2.0m to €1.8m
of which Plant, machinery and equipment: -€130,688
- Other debts +€2.5m
up €2.5m (+132%), from €1.9m to €4.4m
- Profit (loss) carried forward -€1.7m
down €1.7m (-35.8%), from -€4.7m to -€6.4m
- Trade debts -€1.3m
down €1.3m (-85.6%), from €1.5m to €212,607
- Short-term financial debts -€750,000
down €750,000 (-100%), from €750,000 to €0
- Debts after one year -€479,370
down €479,370 (-16.0%), from €3.0m to €2.5m
of which Other amounts payable: -€240,000
- Gross operating margin -€423,350
down €423,350 (-41.2%), from €1.0m to €605,150
- Depreciation -€197,314
down €197,314 (-45.5%), from €433,916 to €236,602
- Staff costs -€149,619
down €149,619 (-7.2%), from €2.1m to €1.9m
- Financial charges -€31,367
down €31,367 (-24.1%), from €130,198 to €98,831
- Write-downs -€16,531
down €16,531, from €0 to -€16,531
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 | €5,738,703 | €3,654,471 | -€2.1m | -36.3% |
| Fixed assets | 21/28 | €1,986,332 | €1,805,350 | -€180,982 | -9.1% |
| Tangible fixed assets | 22/27 | €1,978,705 | €1,797,523 | -€181,182 | -9.2% |
| Land and buildings | 22 | €1,197,426 | €1,178,233 | -€19,193 | -1.6% |
| Plant, machinery and equipment | 23 | €719,259 | €588,571 | -€130,688 | -18.2% |
| Furniture and vehicles | 24 | €62,020 | €30,718 | -€31,301 | -50.5% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €7,627 | €7,827 | +€200 | +2.6% |
| Current assets | 29/58 | €3,752,371 | €1,849,121 | -€1.9m | -50.7% |
| Amounts receivable after more than one year | 29 | €455,980 | €455,980 | = | 0.0% |
| Other amounts receivable | 291 | €455,980 | €455,980 | = | 0.0% |
| Stocks and contracts in progress | 3 | €989,696 | €943,407 | -€46,289 | -4.7% |
| Stocks | 30/36 | €989,696 | €943,407 | -€46,289 | -4.7% |
| Amounts receivable within one year | 40/41 | €578,759 | €294,341 | -€284,418 | -49.1% |
| Trade receivables | 40 | €350,173 | €200,759 | -€149,414 | -42.7% |
| Other amounts receivable | 41 | €228,586 | €93,582 | -€135,003 | -59.1% |
| Cash at bank and in hand | 54/58 | €1,702,492 | €139,899 | -€1.6m | -91.8% |
| Deferred charges and accrued income | 490/1 | €25,445 | €15,494 | -€9,951 | -39.1% |
| Total equity and liabilities | 10/49 | €5,738,703 | €3,654,471 | -€2.1m | -36.3% |
| Equity | 10/15 | -€2,120,269 | -€3,796,940 | -€1.7m | -79.1% |
| Contributions | 10/11 | €2,565,200 | €2,565,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,687,329 | -€6,364,000 | -€1.7m | -35.8% |
| Amounts payable | 17/49 | €7,858,972 | €7,451,411 | -€407,561 | -5.2% |
| Amounts payable after more than one year | 17 | €3,000,378 | €2,521,008 | -€479,370 | -16.0% |
| Financial debts | 170/4 | €2,760,378 | €2,521,008 | -€239,370 | -8.7% |
| Other amounts payable | 178/9 | €240,000 | €0 | -€240,000 | -100% |
| Amounts payable within one year | 42/48 | €4,828,879 | €4,930,403 | +€101,524 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €279,222 | €245,344 | -€33,878 | -12.1% |
| Financial debts | 43 | €750,000 | €0 | -€750,000 | -100% |
| Credit institutions | 430/8 | €750,000 | €0 | -€750,000 | -100% |
| Trade debts | 44 | €1,473,657 | €212,607 | -€1.3m | -85.6% |
| Suppliers | 440/4 | €1,473,657 | €212,607 | -€1.3m | -85.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €444,194 | €110,696 | -€333,498 | -75.1% |
| Taxes | 450/3 | €137,705 | €11,813 | -€125,893 | -91.4% |
| Remuneration and social security | 454/9 | €306,488 | €98,883 | -€207,605 | -67.7% |
| Other amounts payable | 47/48 | €1,881,806 | €4,361,756 | +€2.5m | +132% |
| Accrued charges and deferred income | 492/3 | €29,716 | €0 | -€29,716 | -100% |
| Non-recurring operating income | 76A | - | €42,664 | +€42,664 | |
| Remuneration, social security and pensions | 62 | €2,071,101 | €1,921,482 | -€149,619 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €433,916 | €236,602 | -€197,314 | -45.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€16,531 | -€16,531 | |
| Other operating charges | 640/8 | €21,910 | €28,216 | +€6,306 | +28.8% |
| Non-recurring operating charges | 66A | €7,827 | €8,733 | +€906 | +11.6% |
| Gross operating margin | 9900 | €1,028,500 | €605,150 | -€423,350 | -41.2% |
| Operating profit (loss) | 9901 | -€1,506,255 | -€1,573,353 | -€67,098 | -4.5% |
| Financial income | 75/76B | €10,928 | €803 | -€10,126 | -92.7% |
| Recurring financial income | 75 | €10,928 | €803 | -€10,126 | -92.7% |
| Financial charges | 65/66B | €130,198 | €98,831 | -€31,367 | -24.1% |
| Recurring financial charges | 65 | €130,198 | €98,831 | -€31,367 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,625,525 | -€1,671,381 | -€45,856 | -2.8% |
| Income taxes | 67/77 | -€516 | €5,290 | +€5,806 | |
| Profit (loss) for the period | 9904 | -€1,625,009 | -€1,676,671 | -€51,662 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,625,009 | -€1,676,671 | -€51,662 | -3.2% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.