Agro Van Lerberghe: what changed
Agro Van Lerberghe
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Receivables within one year -€46,448
down €46,448 (-60.2%), from €77,104 to €30,657
of which Trade receivables: -€45,768
- Cash -€21,200
down €21,200 (-34.3%), from €61,762 to €40,562
mainly Current investments (-€100,000) and Investment in fixed assets (net) (-€8,721)
- Tangible fixed assets -€3,956
down €3,956 (-30.0%), from €13,177 to €9,221
of which Furniture and vehicles: -€6,655
- Reserves +€15,531
up €15,531 (+32.5%), from €47,832 to €63,363
of which Distributable reserves: +€15,531
- Trade debts +€12,490
up €12,490 (+174%), from €7,187 to €19,677
- Accrued charges and deferred income +€2,655
up €2,655 (+123%), from €2,159 to €4,814
- Current portion of long-term debt -€2,083
no longer reported in 2025 (was €2,083)
- Gross operating margin -€21,547
down €21,547 (-33.0%), from €65,236 to €43,689
- Depreciation -€8,509
down €8,509 (-40.2%), from €21,187 to €12,677
- Taxes -€6,407
down €6,407 (-43.9%), from €14,598 to €8,190
- Financial charges +€2,660
up €2,660 (+115%), from €2,317 to €4,977
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €153,152 | €181,830 | +€28,678 | +18.7% |
| Fixed assets | 21/28 | €13,177 | €9,221 | -€3,956 | -30.0% |
| Tangible fixed assets | 22/27 | €13,177 | €9,221 | -€3,956 | -30.0% |
| Plant, machinery and equipment | 23 | €5,302 | €8,001 | +€2,699 | +50.9% |
| Furniture and vehicles | 24 | €7,876 | €1,220 | -€6,655 | -84.5% |
| Current assets | 29/58 | €139,975 | €172,609 | +€32,634 | +23.3% |
| Amounts receivable within one year | 40/41 | €77,104 | €30,657 | -€46,448 | -60.2% |
| Trade receivables | 40 | €70,612 | €24,845 | -€45,768 | -64.8% |
| Other amounts receivable | 41 | €6,492 | €5,812 | -€680 | -10.5% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €61,762 | €40,562 | -€21,200 | -34.3% |
| Deferred charges and accrued income | 490/1 | €1,109 | €1,390 | +€281 | +25.4% |
| Total equity and liabilities | 10/49 | €153,152 | €181,830 | +€28,678 | +18.7% |
| Equity | 10/15 | €54,038 | €69,568 | +€15,531 | +28.7% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €47,832 | €63,363 | +€15,531 | +32.5% |
| Tax-exempt reserves | 132 | €2,714 | €2,714 | = | 0.0% |
| Distributable reserves | 133 | €45,119 | €60,649 | +€15,531 | +34.4% |
| Amounts payable | 17/49 | €99,114 | €112,261 | +€13,147 | +13.3% |
| Amounts payable after more than one year | 17 | €68,000 | €68,000 | = | 0.0% |
| Other amounts payable | 178/9 | €68,000 | €68,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €28,955 | €39,447 | +€10,492 | +36.2% |
| Current portion of amounts payable after more than one year | 42 | €2,083 | - | -€2,083 | |
| Trade debts | 44 | €7,187 | €19,677 | +€12,490 | +174% |
| Suppliers | 440/4 | €7,187 | €19,677 | +€12,490 | +174% |
| Taxes, remuneration and social security | 45 | €9,117 | €8,198 | -€919 | -10.1% |
| Taxes | 450/3 | €9,011 | €8,098 | -€914 | -10.1% |
| Remuneration and social security | 454/9 | €105 | €100 | -€5 | -4.5% |
| Other amounts payable | 47/48 | €10,568 | €11,572 | +€1,004 | +9.5% |
| Accrued charges and deferred income | 492/3 | €2,159 | €4,814 | +€2,655 | +123% |
| Remuneration, social security and pensions | 62 | €1,669 | €1,546 | -€123 | -7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,187 | €12,677 | -€8,509 | -40.2% |
| Other operating charges | 640/8 | €1,075 | €1,110 | +€35 | +3.3% |
| Gross operating margin | 9900 | €65,236 | €43,689 | -€21,547 | -33.0% |
| Operating profit (loss) | 9901 | €41,306 | €28,355 | -€12,950 | -31.4% |
| Financial income | 75/76B | €10 | €343 | +€333 | +3,327% |
| Recurring financial income | 75 | €10 | €343 | +€333 | +3,327% |
| Financial charges | 65/66B | €2,317 | €4,977 | +€2,660 | +115% |
| Recurring financial charges | 65 | €2,317 | €4,977 | +€2,660 | +115% |
| Profit (loss) for the period before taxes | 9903 | €38,998 | €23,721 | -€15,278 | -39.2% |
| Income taxes | 67/77 | €14,598 | €8,190 | -€6,407 | -43.9% |
| Profit (loss) for the period | 9904 | €24,401 | €15,531 | -€8,870 | -36.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,401 | €15,531 | -€8,870 | -36.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.