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AGRO SYSTEMS: 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

AGRO SYSTEMS

BE 0891.663.689
NACE 28.300, Manufacture of machinery and equipment not elsewhere classified
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€25,041
2024 · €44,889-€19,849
Equity
€669,737
2024 · €644,696+€25,041
Cash
€417
2024 · €716-€299
Balance sheet total
€728,348
2024 · €705,216+€23,132

Largest movements

2024 to 2025
Assets
  • Intangible fixed assets +€13,165

    up €13,165 (+948.7%), from €1,388 to €14,553

  • Receivables within one year +€12,675

    up €12,675 (+1.9%), from €680,424 to €693,099

    of which Other amounts receivable: +€48,320

Equity and liabilities
  • Reserves +€25,041

    up €25,041 (+4.0%), from €624,696 to €649,737

    of which Distributable reserves: +€25,041

Income statement
  • Gross operating margin -€29,980

    down €29,980 (-42.5%), from €70,615 to €40,635

  • Depreciation -€14,222

    down €14,222 (-76.1%), from €18,700 to €4,478

  • Other operating charges +€2,137

    up €2,137 (+314.7%), from €679 to €2,815

  • Staff costs +€1,970

    up €1,970 (+67.3%), from €2,927 to €4,897

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 €44,889
Gross operating margin -€29,980
Staff costs -€1,970
Depreciation +€14,222
Other operating charges -€2,137
Financial charges -€496
Taxes +€512
Result 2025 €25,041

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 +€14,901
Investment -€15,200
Financing €0
Cash 2024 €716
Net result for the year +€25,041
Depreciation +€4,478
Receivables within one year -€12,675
Deferred charges and accrued income -€34
Trade debts -€6,442
Tax, wage and social debts +€1,047
Other debts +€3,310
Accrued charges and deferred income +€176
Investment in fixed assets (net) -€15,200
Cash 2025 €417
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €705,216 €728,348 +€23,132 +3.3%
Fixed assets 21/28 €23,593 €34,315 +€10,722 +45.4%
Intangible fixed assets 21 €1,388 €14,553 +€13,165 +948.7%
Tangible fixed assets 22/27 €6,158 €3,714 -€2,444 -39.7%
Plant, machinery and equipment 23 €6,158 €3,714 -€2,444 -39.7%
Financial fixed assets 28 €16,048 €16,048 = 0.0%
Current assets 29/58 €681,623 €694,033 +€12,410 +1.8%
Amounts receivable within one year 40/41 €680,424 €693,099 +€12,675 +1.9%
Trade receivables 40 €200,390 €164,745 -€35,645 -17.8%
Other amounts receivable 41 €480,034 €528,354 +€48,320 +10.1%
Cash at bank and in hand 54/58 €716 €417 -€299 -41.7%
Deferred charges and accrued income 490/1 €483 €517 +€34 +7.1%
Total equity and liabilities 10/49 €705,216 €728,348 +€23,132 +3.3%
Equity 10/15 €644,696 €669,737 +€25,041 +3.9%
Contributions 10/11 €20,000 €20,000 = 0.0%
Reserves 13 €624,696 €649,737 +€25,041 +4.0%
Non-distributable reserves 130/1 €2,000 €2,000 = 0.0%
Reserves not available under the articles 1311 €2,000 €2,000 = 0.0%
Distributable reserves 133 €622,696 €647,737 +€25,041 +4.0%
Amounts payable 17/49 €60,520 €58,611 -€1,909 -3.2%
Amounts payable within one year 42/48 €58,353 €56,268 -€2,085 -3.6%
Trade debts 44 €23,642 €17,200 -€6,442 -27.2%
Suppliers 440/4 €23,642 €17,200 -€6,442 -27.2%
Advances received on contracts in progress 46 €3,170 €3,170 = 0.0%
Taxes, remuneration and social security 45 €965 €2,012 +€1,047 +108.5%
Taxes 450/3 €829 €1,518 +€689 +83.1%
Remuneration and social security 454/9 €135 €493 +€358 +264.6%
Other amounts payable 47/48 €30,576 €33,886 +€3,310 +10.8%
Accrued charges and deferred income 492/3 €2,168 €2,343 +€176 +8.1%
Remuneration, social security and pensions 62 €2,927 €4,897 +€1,970 +67.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €18,700 €4,478 -€14,222 -76.1%
Other operating charges 640/8 €679 €2,815 +€2,137 +314.7%
Gross operating margin 9900 €70,615 €40,635 -€29,980 -42.5%
Operating profit (loss) 9901 €48,310 €28,445 -€19,865 -41.1%
Financial income 75/76B €0 - =
Recurring financial income 75 €0 - =
Financial charges 65/66B €2,182 €2,677 +€496 +22.7%
Recurring financial charges 65 €2,182 €2,677 +€496 +22.7%
Profit (loss) for the period before taxes 9903 €46,128 €25,767 -€20,361 -44.1%
Income taxes 67/77 €1,238 €726 -€512 -41.4%
Profit (loss) for the period 9904 €44,889 €25,041 -€19,849 -44.2%
Profit (loss) for the period to be appropriated 9905 €44,889 €25,041 -€19,849 -44.2%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.