Agro De Zutter: 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.
Agro De Zutter
Largest movements
- Stocks and contracts +€45,618
up €45,618 (+401%), from €11,365 to €56,983
- Cash +€18,648
up €18,648 (+26.9%), from €69,435 to €88,084
mainly Net result for the year (+€25,256) and Receivables within one year (+€17,969)
- Receivables within one year -€17,969
down €17,969 (-36.8%), from €48,763 to €30,794
of which Trade receivables: -€21,198
- Tangible fixed assets -€17,664
down €17,664 (-47.7%), from €37,045 to €19,381
- Profit (loss) carried forward +€25,256
up €25,256 (+45.8%), from -€55,198 to -€29,942
- Other debts +€3,733
up €3,733 (+2.0%), from €185,415 to €189,148
- Gross operating margin +€9,948
up €9,948 (+29.5%), from €33,706 to €43,654
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 | €166,928 | €195,571 | +€28,642 | +17.2% |
| Fixed assets | 21/28 | €37,065 | €19,401 | -€17,664 | -47.7% |
| Tangible fixed assets | 22/27 | €37,045 | €19,381 | -€17,664 | -47.7% |
| Furniture and vehicles | 24 | €37,045 | €19,381 | -€17,664 | -47.7% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €129,863 | €176,169 | +€46,306 | +35.7% |
| Stocks and contracts in progress | 3 | €11,365 | €56,983 | +€45,618 | +401% |
| Stocks | 30/36 | €11,365 | €56,983 | +€45,618 | +401% |
| Amounts receivable within one year | 40/41 | €48,763 | €30,794 | -€17,969 | -36.8% |
| Trade receivables | 40 | €48,060 | €26,862 | -€21,198 | -44.1% |
| Other amounts receivable | 41 | €704 | €3,932 | +€3,229 | +459% |
| Cash at bank and in hand | 54/58 | €69,435 | €88,084 | +€18,648 | +26.9% |
| Deferred charges and accrued income | 490/1 | €299 | €308 | +€9 | +3.1% |
| Total equity and liabilities | 10/49 | €166,928 | €195,571 | +€28,642 | +17.2% |
| Equity | 10/15 | -€25,844 | -€588 | +€25,256 | +97.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,753 | €10,753 | = | 0.0% |
| Distributable reserves | 133 | €10,753 | €10,753 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,198 | -€29,942 | +€25,256 | +45.8% |
| Amounts payable | 17/49 | €192,773 | €196,159 | +€3,386 | +1.8% |
| Amounts payable within one year | 42/48 | €192,718 | €196,105 | +€3,387 | +1.8% |
| Trade debts | 44 | €7,303 | €6,957 | -€346 | -4.7% |
| Suppliers | 440/4 | €7,303 | €6,957 | -€346 | -4.7% |
| Other amounts payable | 47/48 | €185,415 | €189,148 | +€3,733 | +2.0% |
| Accrued charges and deferred income | 492/3 | €54 | €54 | -€0 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,098 | €17,664 | -€434 | -2.4% |
| Other operating charges | 640/8 | €681 | €646 | -€35 | -5.2% |
| Gross operating margin | 9900 | €33,706 | €43,654 | +€9,948 | +29.5% |
| Operating profit (loss) | 9901 | €14,927 | €25,345 | +€10,418 | +69.8% |
| Financial income | 75/76B | €7 | €9 | +€1 | +16.2% |
| Recurring financial income | 75 | €7 | €9 | +€1 | +16.2% |
| Financial charges | 65/66B | €98 | €95 | -€3 | -2.7% |
| Recurring financial charges | 65 | €98 | €95 | -€3 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €14,837 | €25,258 | +€10,422 | +70.2% |
| Income taxes | 67/77 | -€21 | €2 | +€23 | |
| Profit (loss) for the period | 9904 | €14,857 | €25,256 | +€10,399 | +70.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,857 | €25,256 | +€10,399 | +70.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.