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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.

What changed

AGRIVERT

BE 0460.007.553
NACE 02.400, Forestry and logging
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3,976
2024 · -€6,826+€10,802
Equity
€104,305
2024 · €100,329+€3,976
Cash
€26,465
2024 · €19,741+€6,724
Balance sheet total
€154,654
2024 · €149,773+€4,881

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€10,456

    down €10,456 (-19.5%), from €53,560 to €43,104

    of which Furniture and vehicles: -€7,755

  • Receivables within one year +€8,093

    up €8,093 (+188.1%), from €4,303 to €12,396

  • Cash +€6,724

    up €6,724 (+34.1%), from €19,741 to €26,465

    mainly Depreciation (+€10,456) and Net result for the year (+€3,976)

Equity and liabilities
  • Profit (loss) carried forward +€3,976

    up €3,976 (+43.0%), from €9,241 to €13,217

Income statement
  • Gross operating margin +€9,760

    up €9,760 (+127.5%), from €7,654 to €17,414

  • Depreciation -€1,184

    down €1,184 (-10.2%), from €11,640 to €10,456

  • Other operating charges +€557

    up €557 (+33.7%), from €1,651 to €2,208

  • Financial charges -€417

    down €417 (-34.7%), from €1,201 to €784

From the 2024 result to the 2025 result

effect on the 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 2024 -€6,826
Gross operating margin +€9,760
Depreciation +€1,184
Other operating charges -€557
Financial income -€2
Financial charges +€417
Result 2025 €3,976

Cash bridge derived

cash 2024 to 2025

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.

From operations +€6,704
Investment +€20
Financing €0
Cash 2024 €19,741
Net result for the year +€3,976
Depreciation +€10,456
Stocks and contracts -€540
Receivables within one year -€8,093
Trade debts +€564
Tax, wage and social debts +€1,109
Other debts -€768
Investment in fixed assets (net) +€20
Cash 2025 €26,465
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €149,773 €154,654 +€4,881 +3.3%
Fixed assets 21/28 €56,404 €45,928 -€10,476 -18.6%
Tangible fixed assets 22/27 €53,560 €43,104 -€10,456 -19.5%
Land and buildings 22 €1,239 €1,239 = 0.0%
Plant, machinery and equipment 23 €16,501 €13,800 -€2,701 -16.4%
Furniture and vehicles 24 €35,820 €28,065 -€7,755 -21.6%
Financial fixed assets 28 €2,844 €2,824 -€20 -0.7%
Current assets 29/58 €93,369 €108,726 +€15,357 +16.4%
Stocks and contracts in progress 3 €1,300 €1,840 +€540 +41.5%
Stocks 30/36 €1,300 €1,840 +€540 +41.5%
Amounts receivable within one year 40/41 €4,303 €12,396 +€8,093 +188.1%
Trade receivables 40 €4,303 €12,396 +€8,093 +188.1%
Current investments 50/53 €68,025 €68,025 = 0.0%
Cash at bank and in hand 54/58 €19,741 €26,465 +€6,724 +34.1%
Total equity and liabilities 10/49 €149,773 €154,654 +€4,881 +3.3%
Equity 10/15 €100,329 €104,305 +€3,976 +4.0%
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 €29,088 €29,088 = 0.0%
Non-distributable reserves 130/1 €6,200 €6,200 = 0.0%
Legal reserve 130 €6,200 €6,200 = 0.0%
Tax-exempt reserves 132 €21,785 €21,785 = 0.0%
Distributable reserves 133 €1,103 €1,103 = 0.0%
Profit (loss) carried forward 14 €9,241 €13,217 +€3,976 +43.0%
Amounts payable 17/49 €49,444 €50,349 +€905 +1.8%
Amounts payable within one year 42/48 €49,444 €50,349 +€905 +1.8%
Trade debts 44 €377 €941 +€564 +149.6%
Suppliers 440/4 €377 €941 +€564 +149.6%
Taxes, remuneration and social security 45 €146 €1,255 +€1,109 +759.6%
Taxes 450/3 €146 €1,255 +€1,109 +759.6%
Other amounts payable 47/48 €48,921 €48,153 -€768 -1.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €11,640 €10,456 -€1,184 -10.2%
Other operating charges 640/8 €1,651 €2,208 +€557 +33.7%
Gross operating margin 9900 €7,654 €17,414 +€9,760 +127.5%
Operating profit (loss) 9901 -€5,637 €4,750 +€10,387
Financial income 75/76B €12 €10 -€2 -16.7%
Recurring financial income 75 €12 €10 -€2 -16.7%
Financial charges 65/66B €1,201 €784 -€417 -34.7%
Recurring financial charges 65 €1,201 €784 -€417 -34.7%
Profit (loss) for the period before taxes 9903 -€6,826 €3,976 +€10,802
Profit (loss) for the period 9904 -€6,826 €3,976 +€10,802
Profit (loss) for the period to be appropriated 9905 -€6,826 €3,976 +€10,802

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 30 September 2026 via checked.be.