AGRO GEER: 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.
What changed
AGRO GEER
NACE 01.500, Mixed farming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€77,801
2024 · €104,438-€26,636
Equity
€323,358
2024 · €250,145+€73,213
Cash
€17,269
2024 · €26,419-€9,150
Balance sheet total
€1.3m
2024 · €1.3m-€32,295
Largest movements
Assets
- Receivables within one year +€135,461
up €135,461 (+74.9%), from €180,751 to €316,212
of which Trade receivables: +€137,147
- Stocks and contracts -€83,619
down €83,619 (-23.4%), from €356,606 to €272,987
- Tangible fixed assets -€75,046
down €75,046 (-9.8%), from €766,921 to €691,875
of which Land and buildings: -€72,475
Equity and liabilities
- Trade debts -€142,830
down €142,830 (-62.8%), from €227,612 to €84,782
- Short-term financial debts +€100,000
up €100,000, from €0 to €100,000
- Reserves +€77,801
up €77,801 (+45.8%), from €170,037 to €247,839
- Debts after one year -€66,700
down €66,700 (-9.0%), from €743,217 to €676,517
Income statement
- Gross operating margin -€26,218
down €26,218 (-10.7%), from €243,999 to €217,781
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.
Result 2024
€104,438
Gross operating margin
-€26,218
Other operating charges
+€125
Financial income
+€105
Financial charges
+€1,266
Taxes
-€1,915
Result 2025
€77,801
raises the resultlowers the result
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.
From operations
-€34,375
Investment
-€3,486
Financing
+€28,712
Cash 2024
€26,419
From operations (derived)
-€34,375
Net result for the year
+€77,801
Depreciation
+€78,532
Stocks and contracts
+€83,619
Receivables within one year
-€135,461
Smaller working-capital items
-€299
Trade debts
-€142,830
Tax, wage and social debts
+€1,880
Other debts
+€2,383
Investment (derived)
-€3,486
Investment in fixed assets (net)
-€3,486
Financing
+€28,712
Debts after one year
-€66,700
Short-term financial debts
+€100,000
Contributions, distributions and other
-€4,589
Cash 2025
€17,269
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,334,191 | €1,301,896 | -€32,295 | -2.4% |
| Fixed assets | 21/28 | €766,921 | €691,875 | -€75,046 | -9.8% |
| Tangible fixed assets | 22/27 | €766,921 | €691,875 | -€75,046 | -9.8% |
| Land and buildings | 22 | €751,556 | €679,081 | -€72,475 | -9.6% |
| Plant, machinery and equipment | 23 | €10,193 | €10,208 | +€15 | +0.1% |
| Leasing and similar rights | 25 | €5,172 | €2,586 | -€2,586 | -50.0% |
| Current assets | 29/58 | €567,270 | €610,021 | +€42,751 | +7.5% |
| Stocks and contracts in progress | 3 | €356,606 | €272,987 | -€83,619 | -23.4% |
| Stocks | 30/36 | €356,606 | €272,987 | -€83,619 | -23.4% |
| Amounts receivable within one year | 40/41 | €180,751 | €316,212 | +€135,461 | +74.9% |
| Trade receivables | 40 | €172,750 | €309,897 | +€137,147 | +79.4% |
| Other amounts receivable | 41 | €8,001 | €6,315 | -€1,686 | -21.1% |
| Cash at bank and in hand | 54/58 | €26,419 | €17,269 | -€9,150 | -34.6% |
| Deferred charges and accrued income | 490/1 | €3,495 | €3,553 | +€58 | +1.7% |
| Total equity and liabilities | 10/49 | €1,334,191 | €1,301,896 | -€32,295 | -2.4% |
| Equity | 10/15 | €250,145 | €323,358 | +€73,213 | +29.3% |
| Contributions | 10/11 | €43,400 | €43,400 | = | 0.0% |
| Reserves | 13 | €170,037 | €247,839 | +€77,801 | +45.8% |
| Distributable reserves | 133 | €170,037 | €247,839 | +€77,801 | +45.8% |
| Investment grants | 15 | €36,708 | €32,120 | -€4,589 | -12.5% |
| Provisions and deferred taxes | 16 | €1,932 | €1,691 | -€242 | -12.5% |
| Deferred taxes | 168 | €1,932 | €1,691 | -€242 | -12.5% |
| Amounts payable | 17/49 | €1,082,114 | €976,847 | -€105,267 | -9.7% |
| Amounts payable after more than one year | 17 | €743,217 | €676,517 | -€66,700 | -9.0% |
| Financial debts | 170/4 | €743,217 | €676,517 | -€66,700 | -9.0% |
| Amounts payable within one year | 42/48 | €307,505 | €268,938 | -€38,567 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €66,700 | €66,700 | = | 0.0% |
| Financial debts | 43 | €0 | €100,000 | +€100,000 | |
| Credit institutions | 430/8 | €0 | €100,000 | +€100,000 | |
| Trade debts | 44 | €227,612 | €84,782 | -€142,830 | -62.8% |
| Suppliers | 440/4 | €227,612 | €84,782 | -€142,830 | -62.8% |
| Taxes, remuneration and social security | 45 | €13,193 | €15,073 | +€1,880 | +14.2% |
| Taxes | 450/3 | €13,193 | €15,073 | +€1,880 | +14.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €2,383 | +€2,383 | |
| Accrued charges and deferred income | 492/3 | €31,392 | €31,392 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,532 | €78,532 | = | 0.0% |
| Other operating charges | 640/8 | €3,596 | €3,471 | -€125 | -3.5% |
| Gross operating margin | 9900 | €243,999 | €217,781 | -€26,218 | -10.7% |
| Operating profit (loss) | 9901 | €161,870 | €135,778 | -€26,092 | -16.1% |
| Financial income | 75/76B | €4,637 | €4,743 | +€105 | +2.3% |
| Recurring financial income | 75 | €4,637 | €4,743 | +€105 | +2.3% |
| Financial charges | 65/66B | €37,452 | €36,187 | -€1,266 | -3.4% |
| Recurring financial charges | 65 | €37,452 | €36,187 | -€1,266 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €129,055 | €104,334 | -€24,721 | -19.2% |
| Transfer from deferred taxes | 780 | €242 | €242 | = | 0.0% |
| Income taxes | 67/77 | €24,859 | €26,774 | +€1,915 | +7.7% |
| Profit (loss) for the period | 9904 | €104,438 | €77,801 | -€26,636 | -25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €104,438 | €77,801 | -€26,636 | -25.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.