AGRIZEL: 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.
AGRIZEL
Largest movements
- Tangible fixed assets +€56,320
up €56,320 (+103.7%), from €54,333 to €110,652
of which Land and buildings: +€39,134
- Cash -€23,278
down €23,278 (-69.1%), from €33,668 to €10,390
mainly Investment in fixed assets (net) (-€72,560) and Receivables within one year (-€7,981)
- Receivables within one year +€7,981
up €7,981 (+743.4%), from €1,074 to €9,055
of which Other amounts receivable: +€8,545
- Stocks and contracts +€3,211
up €3,211 (+5.4%), from €59,079 to €62,290
- Debts after one year +€23,149
up €23,149 (+9.4%), from €246,900 to €270,049
of which Financial debts: +€23,149
- Trade debts +€7,279
up €7,279 (+1202.4%), from €605 to €7,885
- Current portion of long-term debt +€6,851
new in 2024: €6,851
- Profit (loss) carried forward +€6,138
up €6,138 (+2.3%), from -€262,463 to -€256,325
- Gross operating margin +€18,682
up €18,682 (+397.3%), from €4,703 to €23,385
- Purchases and services -€6,899
down €6,899 (-17.5%), from €39,441 to €32,542
- Turnover +€4,450
up €4,450 (+50.3%), from €8,843 to €13,294
- Depreciation -€2,018
down €2,018 (-11.1%), from €18,258 to €16,241
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €154,680 | €198,963 | +€44,282 | +28.6% |
| Fixed assets | 21/28 | €54,633 | €110,952 | +€56,320 | +103.1% |
| Tangible fixed assets | 22/27 | €54,333 | €110,652 | +€56,320 | +103.7% |
| Land and buildings | 22 | €8,611 | €47,745 | +€39,134 | +454.5% |
| Plant, machinery and equipment | 23 | €1,926 | €1,775 | -€151 | -7.9% |
| Furniture and vehicles | 24 | €35,748 | €55,065 | +€19,317 | +54.0% |
| Other tangible fixed assets | 26 | €8,048 | €6,068 | -€1,980 | -24.6% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €100,048 | €88,010 | -€12,037 | -12.0% |
| Stocks and contracts in progress | 3 | €59,079 | €62,290 | +€3,211 | +5.4% |
| Stocks | 30/36 | €59,079 | €62,290 | +€3,211 | +5.4% |
| Amounts receivable within one year | 40/41 | €1,074 | €9,055 | +€7,981 | +743.4% |
| Trade receivables | 40 | €563 | - | -€563 | |
| Other amounts receivable | 41 | €510 | €9,055 | +€8,545 | +1673.9% |
| Cash at bank and in hand | 54/58 | €33,668 | €10,390 | -€23,278 | -69.1% |
| Deferred charges and accrued income | 490/1 | €6,227 | €6,275 | +€48 | +0.8% |
| Total equity and liabilities | 10/49 | €154,680 | €198,963 | +€44,282 | +28.6% |
| Equity | 10/15 | -€243,863 | -€237,725 | +€6,138 | +2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€262,463 | -€256,325 | +€6,138 | +2.3% |
| Amounts payable | 17/49 | €398,543 | €436,688 | +€38,144 | +9.6% |
| Amounts payable after more than one year | 17 | €246,900 | €270,049 | +€23,149 | +9.4% |
| Financial debts | 170/4 | - | €23,149 | +€23,149 | |
| Other amounts payable | 178/9 | €246,900 | €246,900 | = | 0.0% |
| Amounts payable within one year | 42/48 | €151,413 | €165,544 | +€14,131 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | - | €6,851 | +€6,851 | |
| Trade debts | 44 | €605 | €7,885 | +€7,279 | +1202.4% |
| Suppliers | 440/4 | €605 | €7,885 | +€7,279 | +1202.4% |
| Taxes, remuneration and social security | 45 | €726 | €726 | = | 0.0% |
| Taxes | 450/3 | €726 | €726 | = | 0.0% |
| Other amounts payable | 47/48 | €150,082 | €150,082 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €230 | €1,095 | +€865 | +376.1% |
| Turnover | 70 | €8,843 | €13,294 | +€4,450 | +50.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €39,441 | €32,542 | -€6,899 | -17.5% |
| Remuneration, social security and pensions | 62 | €142 | €74 | -€68 | -47.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,258 | €16,241 | -€2,018 | -11.1% |
| Other operating charges | 640/8 | €1,275 | €1,098 | -€177 | -13.9% |
| Gross operating margin | 9900 | €4,703 | €23,385 | +€18,682 | +397.3% |
| Operating profit (loss) | 9901 | -€14,973 | €5,971 | +€20,944 | |
| Financial income | 75/76B | €67 | €219 | +€152 | +228.6% |
| Recurring financial income | 75 | €67 | €219 | +€152 | +228.6% |
| Financial charges | 65/66B | €40 | €52 | +€12 | +31.4% |
| Recurring financial charges | 65 | €40 | €52 | +€12 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | -€14,946 | €6,138 | +€21,084 | |
| Profit (loss) for the period | 9904 | -€14,946 | €6,138 | +€21,084 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,946 | €6,138 | +€21,084 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.