AGRITYRE: 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
AGRITYRE
NACE 46.720, Wholesale of motor vehicle parts and accessories
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€893,890
2023 · -€903,948+€1.8m
Equity
€2.8m
2023 · €1.9m+€893,890
Cash
€56,181
2023 · €151,370-€95,190
Balance sheet total
€10.9m
2023 · €7.5m+€3.4m
Largest movements
Assets
- Stocks and contracts +€3.1m
up €3.1m (+63.8%), from €4.9m to €8.1m
- Receivables within one year +€269,043
up €269,043 (+14.7%), from €1.8m to €2.1m
of which Trade receivables: +€217,687
- Tangible fixed assets +€127,843
up €127,843 (+26.1%), from €489,366 to €617,209
of which Furniture and vehicles: +€191,596
Equity and liabilities
- Trade debts +€1.9m
up €1.9m (+93.2%), from €2.0m to €3.9m
- Reserves +€893,890
up €893,890 (+48.8%), from €1.8m to €2.7m
- Short-term financial debts +€793,464
up €793,464 (+75.9%), from €1.0m to €1.8m
Income statement
- Write-downs -€1.5m
no longer reported in 2024 (was €1.5m)
- Goods and materials -€850,739
down €850,739 (-10.8%), from €7.8m to €7.0m
of which Change in stocks: decrease (increase): -€2.3m
- Turnover -€424,334
down €424,334 (-3.1%), from €13.6m to €13.1m
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.
Result 2023
-€903,948
Turnover
-€424,334
Other operating income
+€29,034
Goods and materials
+€850,739
Services and other goods
-€131,876
Staff costs
+€53,316
Depreciation
-€41,581
Write-downs
+€1.5m
Other operating charges
-€1,523
Other operating items
+€17,956
Financial income
+€22,455
Financial charges
-€16,599
Taxes
-€65,939
Result 2024
€893,890
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.
From operations
-€461,437
Investment
-€265,333
Financing
+€631,580
Cash 2023
€151,370
From operations (derived)
-€461,437
Net result for the year
+€893,890
Depreciation
+€140,657
Stocks and contracts
-€3.1m
Receivables within one year
-€269,043
Deferred charges and accrued income
-€2,798
Trade debts
+€1.9m
Tax, wage and social debts
+€29,167
Investment (derived)
-€265,333
Investment in fixed assets (net)
-€265,333
Financing
+€631,580
Debts after one year
-€82,778
Current portion of long-term debt
-€79,106
Short-term financial debts
+€793,464
Cash 2024
€56,181
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,468,311 | €10,916,874 | +€3.4m | +46.2% |
| Fixed assets | 21/28 | €502,467 | €627,142 | +€124,675 | +24.8% |
| Intangible fixed assets | 21 | €11,797 | €8,519 | -€3,279 | -27.8% |
| Tangible fixed assets | 22/27 | €489,366 | €617,209 | +€127,843 | +26.1% |
| Land and buildings | 22 | €69,000 | €57,500 | -€11,500 | -16.7% |
| Plant, machinery and equipment | 23 | €107,191 | €94,192 | -€12,999 | -12.1% |
| Furniture and vehicles | 24 | €47,554 | €239,150 | +€191,596 | +402.9% |
| Leasing and similar rights | 25 | €36,996 | €29,909 | -€7,087 | -19.2% |
| Other tangible fixed assets | 26 | €228,626 | €196,458 | -€32,167 | -14.1% |
| Financial fixed assets | 28 | €1,304 | €1,415 | +€111 | +8.5% |
| Other financial fixed assets | 284/8 | €1,304 | €1,415 | +€111 | +8.5% |
| Amounts receivable and cash guarantees | 285/8 | €1,304 | €1,415 | +€111 | +8.5% |
| Current assets | 29/58 | €6,965,845 | €10,289,732 | +€3.3m | +47.7% |
| Stocks and contracts in progress | 3 | €4,935,879 | €8,083,115 | +€3.1m | +63.8% |
| Stocks | 30/36 | €4,935,879 | €8,083,115 | +€3.1m | +63.8% |
| Goods purchased for resale | 34 | €4,935,879 | €8,083,115 | +€3.1m | +63.8% |
| Amounts receivable within one year | 40/41 | €1,828,863 | €2,097,906 | +€269,043 | +14.7% |
| Trade receivables | 40 | €1,801,269 | €2,018,956 | +€217,687 | +12.1% |
| Other amounts receivable | 41 | €27,594 | €78,950 | +€51,355 | +186.1% |
| Cash at bank and in hand | 54/58 | €151,370 | €56,181 | -€95,190 | -62.9% |
| Deferred charges and accrued income | 490/1 | €49,733 | €52,530 | +€2,798 | +5.6% |
| Total equity and liabilities | 10/49 | €7,468,311 | €10,916,874 | +€3.4m | +46.2% |
| Equity | 10/15 | €1,857,550 | €2,751,440 | +€893,890 | +48.1% |
| Contributions | 10/11 | €24,200 | €24,200 | = | 0.0% |
| Reserves | 13 | €1,833,350 | €2,727,240 | +€893,890 | +48.8% |
| Distributable reserves | 133 | €1,833,350 | €2,727,240 | +€893,890 | +48.8% |
| Amounts payable | 17/49 | €5,610,761 | €8,165,434 | +€2.6m | +45.5% |
| Amounts payable after more than one year | 17 | €1,669,297 | €1,586,519 | -€82,778 | -5.0% |
| Financial debts | 170/4 | €1,517,502 | €1,586,519 | +€69,017 | +4.5% |
| Leasing and similar obligations | 172 | €18,826 | €5,620 | -€13,206 | -70.1% |
| Credit institutions | 173 | €228,765 | €156,675 | -€72,090 | -31.5% |
| Other loans | 174 | €1,269,911 | €1,424,224 | +€154,313 | +12.2% |
| Other amounts payable | 178/9 | €151,795 | - | -€151,795 | |
| Amounts payable within one year | 42/48 | €3,941,464 | €6,578,915 | +€2.6m | +66.9% |
| Current portion of amounts payable after more than one year | 42 | €479,855 | €400,749 | -€79,106 | -16.5% |
| Financial debts | 43 | €1,044,940 | €1,838,404 | +€793,464 | +75.9% |
| Credit institutions | 430/8 | €1,044,940 | €1,838,404 | +€793,464 | +75.9% |
| Trade debts | 44 | €2,031,766 | €3,925,691 | +€1.9m | +93.2% |
| Suppliers | 440/4 | €2,031,766 | €3,925,691 | +€1.9m | +93.2% |
| Taxes, remuneration and social security | 45 | €384,903 | €414,071 | +€29,167 | +7.6% |
| Taxes | 450/3 | €226,226 | €202,151 | -€24,075 | -10.6% |
| Remuneration and social security | 454/9 | €158,677 | €211,919 | +€53,243 | +33.6% |
| Operating income | 70/76A | €13,605,082 | €13,227,738 | -€377,344 | -2.8% |
| Turnover | 70 | €13,564,843 | €13,140,509 | -€424,334 | -3.1% |
| Other operating income | 74 | €22,659 | €51,692 | +€29,034 | +128.1% |
| Non-recurring operating income | 76A | €17,581 | €35,537 | +€17,956 | +102.1% |
| Operating charges | 60/66A | €14,374,834 | €12,139,568 | -€2.2m | -15.5% |
| Goods for resale, raw materials and consumables | 60 | €7,847,482 | €6,996,743 | -€850,739 | -10.8% |
| Purchases | 600/8 | €8,729,316 | €10,143,980 | +€1.4m | +16.2% |
| Change in stocks: decrease (increase) | 609 | -€881,834 | -€3,147,237 | -€2.3m | -256.9% |
| Services and other goods | 61 | €3,991,697 | €4,123,573 | +€131,876 | +3.3% |
| Remuneration, social security and pensions | 62 | €818,632 | €765,316 | -€53,316 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,076 | €140,657 | +€41,581 | +42.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,506,190 | - | -€1.5m | |
| Other operating charges | 640/8 | €111,757 | €113,279 | +€1,523 | +1.4% |
| Operating profit (loss) | 9901 | -€769,751 | €1,088,170 | +€1.9m | |
| Financial income | 75/76B | €15,409 | €37,863 | +€22,455 | +145.7% |
| Recurring financial income | 75 | €15,409 | €37,863 | +€22,455 | +145.7% |
| Other financial income | 752/9 | €15,409 | €37,863 | +€22,455 | +145.7% |
| Financial charges | 65/66B | €148,260 | €164,859 | +€16,599 | +11.2% |
| Recurring financial charges | 65 | €148,260 | €164,859 | +€16,599 | +11.2% |
| Debt charges | 650 | €104,991 | €121,875 | +€16,884 | +16.1% |
| Other financial charges | 652/9 | €43,270 | €42,984 | -€285 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | -€902,603 | €961,174 | +€1.9m | |
| Income taxes | 67/77 | €1,345 | €67,284 | +€65,939 | +4901.5% |
| Taxes | 670/3 | €1,345 | €67,284 | +€65,939 | +4901.5% |
| Profit (loss) for the period | 9904 | -€903,948 | €893,890 | +€1.8m | |
| Profit (loss) for the period to be appropriated | 9905 | -€903,948 | €893,890 | +€1.8m |
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 10 October 2026 via checked.be.