AGRO CVD: 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.
AGRO CVD
Largest movements
- Tangible fixed assets -€31,800
down €31,800 (-5.8%), from €551,363 to €519,564
of which Land and buildings: -€31,506
- Cash +€17,052
up €17,052 (+13.9%), from €122,436 to €139,488
mainly Net result for the year (+€57,624) and Depreciation (+€31,800)
- Reserves +€57,624
up €57,624 (+33.0%), from €174,498 to €232,122
- Other debts -€31,200
down €31,200 (-11.1%), from €280,800 to €249,600
- Debts after one year -€29,442
down €29,442 (-17.9%), from €164,250 to €134,808
- Gross operating margin +€7,682
up €7,682 (+6.2%), from €124,309 to €131,990
- Taxes +€2,542
up €2,542 (+10.4%), from €24,516 to €27,058
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 | €692,013 | €683,693 | -€8,320 | -1.2% |
| Fixed assets | 21/28 | €551,363 | €519,564 | -€31,800 | -5.8% |
| Tangible fixed assets | 22/27 | €551,363 | €519,564 | -€31,800 | -5.8% |
| Land and buildings | 22 | €550,091 | €518,585 | -€31,506 | -5.7% |
| Plant, machinery and equipment | 23 | €1,273 | €979 | -€294 | -23.1% |
| Current assets | 29/58 | €140,650 | €164,130 | +€23,480 | +16.7% |
| Amounts receivable within one year | 40/41 | €17,134 | €23,531 | +€6,397 | +37.3% |
| Trade receivables | 40 | €17,134 | €23,521 | +€6,387 | +37.3% |
| Other amounts receivable | 41 | - | €10 | +€10 | |
| Cash at bank and in hand | 54/58 | €122,436 | €139,488 | +€17,052 | +13.9% |
| Deferred charges and accrued income | 490/1 | €1,080 | €1,111 | +€31 | +2.9% |
| Total equity and liabilities | 10/49 | €692,013 | €683,693 | -€8,320 | -1.2% |
| Equity | 10/15 | €193,098 | €250,722 | +€57,624 | +29.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €174,498 | €232,122 | +€57,624 | +33.0% |
| Distributable reserves | 133 | €174,498 | €232,122 | +€57,624 | +33.0% |
| Amounts payable | 17/49 | €498,915 | €432,972 | -€65,944 | -13.2% |
| Amounts payable after more than one year | 17 | €164,250 | €134,808 | -€29,442 | -17.9% |
| Financial debts | 170/4 | €164,250 | €134,808 | -€29,442 | -17.9% |
| Amounts payable within one year | 42/48 | €334,665 | €298,164 | -€36,501 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €28,625 | €29,442 | +€818 | +2.9% |
| Trade debts | 44 | €300 | €261 | -€39 | -13.0% |
| Suppliers | 440/4 | €300 | €261 | -€39 | -13.0% |
| Taxes, remuneration and social security | 45 | €24,940 | €18,860 | -€6,080 | -24.4% |
| Taxes | 450/3 | €24,940 | €18,860 | -€6,080 | -24.4% |
| Other amounts payable | 47/48 | €280,800 | €249,600 | -€31,200 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,703 | €31,800 | +€96 | +0.3% |
| Other operating charges | 640/8 | €9,608 | €10,344 | +€736 | +7.7% |
| Gross operating margin | 9900 | €124,309 | €131,990 | +€7,682 | +6.2% |
| Operating profit (loss) | 9901 | €82,998 | €89,847 | +€6,849 | +8.3% |
| Financial charges | 65/66B | €6,039 | €5,165 | -€874 | -14.5% |
| Recurring financial charges | 65 | €6,039 | €5,165 | -€874 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €76,959 | €84,681 | +€7,723 | +10.0% |
| Income taxes | 67/77 | €24,516 | €27,058 | +€2,542 | +10.4% |
| Profit (loss) for the period | 9904 | €52,443 | €57,624 | +€5,181 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €52,443 | €57,624 | +€5,181 | +9.9% |
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 8 October 2026 via checked.be.