AGRIUM BELGIUM: 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.
AGRIUM BELGIUM
Largest movements
- Tangible fixed assets +€678,819
up €678,819 (+4,709%), from €14,416 to €693,235
of which Land and buildings: +€682,573
- Receivables within one year -€177,154
down €177,154 (-53.9%), from €328,551 to €151,397
of which Trade receivables: -€129,163
- Receivables after one year +€118,780
new in 2025: €118,780
- Stocks and contracts +€57,627
up €57,627 (+202%), from €28,593 to €86,220
- Cash -€11,315
down €11,315 (-74.1%), from €15,267 to €3,952
mainly Investment in fixed assets (net) (-€704,086) and Receivables after one year (-€118,780)
- Debts after one year +€561,087
new in 2025: €561,087
- Current portion of long-term debt +€93,302
up €93,302 (+93.3%), from €100,000 to €193,302
- Other debts +€37,800
new in 2025: €37,800
- Trade debts -€30,568
down €30,568 (-12.9%), from €236,651 to €206,083
- Depreciation +€21,385
up €21,385 (+551%), from €3,882 to €25,268
- Financial charges +€14,801
up €14,801 (+162%), from €9,155 to €23,955
- Gross operating margin +€7,204
up €7,204 (+15.7%), from €45,973 to €53,177
- Financial income +€5,286
up €5,286 (+175,630%), from €3 to €5,289
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 | €391,926 | €1,058,683 | +€666,757 | +170% |
| Fixed assets | 21/28 | €19,516 | €698,335 | +€678,819 | +3,478% |
| Tangible fixed assets | 22/27 | €14,416 | €693,235 | +€678,819 | +4,709% |
| Land and buildings | 22 | - | €682,573 | +€682,573 | |
| Plant, machinery and equipment | 23 | €14,416 | €10,662 | -€3,754 | -26.0% |
| Financial fixed assets | 28 | €5,100 | €5,100 | = | 0.0% |
| Current assets | 29/58 | €372,410 | €360,349 | -€12,062 | -3.2% |
| Amounts receivable after more than one year | 29 | - | €118,780 | +€118,780 | |
| Other amounts receivable | 291 | - | €118,780 | +€118,780 | |
| Stocks and contracts in progress | 3 | €28,593 | €86,220 | +€57,627 | +202% |
| Stocks | 30/36 | €28,593 | €86,220 | +€57,627 | +202% |
| Amounts receivable within one year | 40/41 | €328,551 | €151,397 | -€177,154 | -53.9% |
| Trade receivables | 40 | €227,860 | €98,697 | -€129,163 | -56.7% |
| Other amounts receivable | 41 | €100,691 | €52,700 | -€47,991 | -47.7% |
| Cash at bank and in hand | 54/58 | €15,267 | €3,952 | -€11,315 | -74.1% |
| Total equity and liabilities | 10/49 | €391,926 | €1,058,683 | +€666,757 | +170% |
| Equity | 10/15 | €54,601 | €59,503 | +€4,902 | +9.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €11,200 | €11,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,599 | -€13,697 | +€4,902 | +26.4% |
| Amounts payable | 17/49 | €337,326 | €999,180 | +€661,854 | +196% |
| Amounts payable after more than one year | 17 | - | €561,087 | +€561,087 | |
| Financial debts | 170/4 | - | €561,087 | +€561,087 | |
| Amounts payable within one year | 42/48 | €337,326 | €438,093 | +€100,767 | +29.9% |
| Current portion of amounts payable after more than one year | 42 | €100,000 | €193,302 | +€93,302 | +93.3% |
| Trade debts | 44 | €236,651 | €206,083 | -€30,568 | -12.9% |
| Suppliers | 440/4 | €236,651 | €206,083 | -€30,568 | -12.9% |
| Taxes, remuneration and social security | 45 | €675 | €908 | +€233 | +34.6% |
| Taxes | 450/3 | €675 | €908 | +€233 | +34.6% |
| Other amounts payable | 47/48 | - | €37,800 | +€37,800 | |
| Non-recurring operating income | 76A | €1,023 | €1,683 | +€660 | +64.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,882 | €25,268 | +€21,385 | +551% |
| Other operating charges | 640/8 | €893 | €741 | -€152 | -17.0% |
| Non-recurring operating charges | 66A | €5,618 | €3,600 | -€2,018 | -35.9% |
| Gross operating margin | 9900 | €45,973 | €53,177 | +€7,204 | +15.7% |
| Operating profit (loss) | 9901 | €35,580 | €23,568 | -€12,012 | -33.8% |
| Financial income | 75/76B | €3 | €5,289 | +€5,286 | +175,630% |
| Recurring financial income | 75 | €3 | €5,289 | +€5,286 | +175,630% |
| Financial charges | 65/66B | €9,155 | €23,955 | +€14,801 | +162% |
| Recurring financial charges | 65 | €9,155 | €23,955 | +€14,801 | +162% |
| Profit (loss) for the period before taxes | 9903 | €26,428 | €4,902 | -€21,526 | -81.5% |
| Profit (loss) for the period | 9904 | €26,428 | €4,902 | -€21,526 | -81.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,428 | €4,902 | -€21,526 | -81.5% |
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 19 October 2026 via checked.be.