AGRIVERT: what changed
Two fiscal 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.
AGRIVERT
Largest movements
- Tangible fixed assets -€46,164
down €46,164 (-7.6%), from €607,137 to €560,973
- Cash -€30,204
down €30,204 (-5.4%), from €560,969 to €530,765
mainly Contributions, distributions and other (-€139,775) and Debts after one year (-€123,540)
- Stocks and contracts -€24,723
down €24,723 (-7.7%), from €320,240 to €295,517
- Debts after one year -€123,540
down €123,540 (-18.8%), from €657,494 to €533,954
of which Other amounts payable: -€100,000
- Other debts +€71,694
up €71,694 (+97.0%), from €73,888 to €145,582
- Tax, wage and social debts -€40,995
down €40,995 (-54.5%), from €75,218 to €34,223
of which Taxes: -€45,283
- Reserves -€34,861
down €34,861 (-5.5%), from €631,203 to €596,342
of which Non-distributable reserves: -€138,850
- Accrued charges and deferred income +€27,418
new in 2025: €27,418
- Gross operating margin -€90,542
down €90,542 (-19.8%), from €456,990 to €366,448
- Taxes -€21,399
down €21,399 (-33.5%), from €63,948 to €42,549
- Financial charges -€13,154
down €13,154 (-24.7%), from €53,233 to €40,080
- Depreciation -€10,211
down €10,211 (-14.7%), from €69,280 to €59,069
- Staff costs -€6,861
down €6,861 (-5.4%), from €127,486 to €120,625
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.
Cash bridge derived
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 | €1,534,379 | €1,443,158 | -€91,221 | -5.9% |
| Fixed assets | 21/28 | €627,191 | €584,611 | -€42,580 | -6.8% |
| Intangible fixed assets | 21 | - | €3,584 | +€3,584 | |
| Tangible fixed assets | 22/27 | €607,137 | €560,973 | -€46,164 | -7.6% |
| Land and buildings | 22 | €444,035 | €425,961 | -€18,074 | -4.1% |
| Plant, machinery and equipment | 23 | €140,892 | €125,623 | -€15,270 | -10.8% |
| Furniture and vehicles | 24 | €22,209 | €9,389 | -€12,820 | -57.7% |
| Financial fixed assets | 28 | €20,055 | €20,055 | = | 0.0% |
| Current assets | 29/58 | €907,188 | €858,547 | -€48,641 | -5.4% |
| Stocks and contracts in progress | 3 | €320,240 | €295,517 | -€24,723 | -7.7% |
| Stocks | 30/36 | €320,240 | €295,517 | -€24,723 | -7.7% |
| Amounts receivable within one year | 40/41 | €23,902 | €24,133 | +€231 | +1.0% |
| Trade receivables | 40 | €7,124 | €8,741 | +€1,617 | +22.7% |
| Other amounts receivable | 41 | €16,778 | €15,392 | -€1,386 | -8.3% |
| Cash at bank and in hand | 54/58 | €560,969 | €530,765 | -€30,204 | -5.4% |
| Deferred charges and accrued income | 490/1 | €2,077 | €8,132 | +€6,055 | +291.6% |
| Total equity and liabilities | 10/49 | €1,534,379 | €1,443,158 | -€91,221 | -5.9% |
| Equity | 10/15 | €693,568 | €657,782 | -€35,786 | -5.2% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €631,203 | €596,342 | -€34,861 | -5.5% |
| Non-distributable reserves | 130/1 | €281,661 | €142,811 | -€138,850 | -49.3% |
| Other | 1319 | €281,661 | €142,811 | -€138,850 | -49.3% |
| Distributable reserves | 133 | €349,542 | €453,531 | +€103,989 | +29.8% |
| Profit (loss) carried forward | 14 | €31,365 | €30,440 | -€925 | -2.9% |
| Amounts payable | 17/49 | €840,811 | €785,376 | -€55,435 | -6.6% |
| Amounts payable after more than one year | 17 | €657,494 | €533,954 | -€123,540 | -18.8% |
| Financial debts | 170/4 | €187,494 | €163,954 | -€23,540 | -12.6% |
| Other amounts payable | 178/9 | €470,000 | €370,000 | -€100,000 | -21.3% |
| Amounts payable within one year | 42/48 | €183,318 | €224,005 | +€40,687 | +22.2% |
| Current portion of amounts payable after more than one year | 42 | €26,855 | €23,540 | -€3,315 | -12.3% |
| Financial debts | 43 | €320 | - | -€320 | |
| Credit institutions | 430/8 | €320 | - | -€320 | |
| Trade debts | 44 | €7,035 | €20,659 | +€13,623 | +193.6% |
| Suppliers | 440/4 | €7,035 | €20,659 | +€13,623 | +193.6% |
| Taxes, remuneration and social security | 45 | €75,218 | €34,223 | -€40,995 | -54.5% |
| Taxes | 450/3 | €65,731 | €20,448 | -€45,283 | -68.9% |
| Remuneration and social security | 454/9 | €9,487 | €13,775 | +€4,288 | +45.2% |
| Other amounts payable | 47/48 | €73,888 | €145,582 | +€71,694 | +97.0% |
| Accrued charges and deferred income | 492/3 | - | €27,418 | +€27,418 | |
| Remuneration, social security and pensions | 62 | €127,486 | €120,625 | -€6,861 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,280 | €59,069 | -€10,211 | -14.7% |
| Other operating charges | 640/8 | €6,022 | €5,676 | -€346 | -5.7% |
| Gross operating margin | 9900 | €456,990 | €366,448 | -€90,542 | -19.8% |
| Operating profit (loss) | 9901 | €254,202 | €181,079 | -€73,123 | -28.8% |
| Financial income | 75/76B | €4,862 | €5,539 | +€677 | +13.9% |
| Recurring financial income | 75 | €4,862 | €5,539 | +€677 | +13.9% |
| Financial charges | 65/66B | €53,233 | €40,080 | -€13,154 | -24.7% |
| Recurring financial charges | 65 | €53,233 | €40,080 | -€13,154 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €205,831 | €146,538 | -€59,293 | -28.8% |
| Income taxes | 67/77 | €63,948 | €42,549 | -€21,399 | -33.5% |
| Profit (loss) for the period | 9904 | €141,883 | €103,989 | -€37,894 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €141,883 | €103,989 | -€37,894 | -26.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.