Agro Vanhaecke: 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 Vanhaecke
Largest movements
- Cash -€26,271
down €26,271 (-58.1%), from €45,190 to €18,919
mainly Investment in fixed assets (net) (-€8,787) and Receivables within one year (-€8,239)
- Receivables within one year +€8,239
up €8,239 (+720%), from €1,145 to €9,384
of which Other amounts receivable: +€6,086
- Tangible fixed assets +€5,796
up €5,796 (+164%), from €3,534 to €9,330
- Stocks and contracts -€1,683
no longer reported in 2025 (was €1,683)
- Reserves -€6,086
down €6,086 (-25.2%), from €24,173 to €18,087
of which Distributable reserves: -€6,086
- Trade debts -€5,053
down €5,053 (-83.5%), from €6,049 to €996
- Tax, wage and social debts -€2,376
no longer reported in 2025 (was €2,376)
- Depreciation +€1,757
up €1,757 (+142%), from €1,234 to €2,991
- Gross operating margin +€835
up €835 (+25.8%), from -€3,233 to -€2,398
- Financial income +€222
new in 2025: €222
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 | €51,602 | €37,683 | -€13,919 | -27.0% |
| Fixed assets | 21/28 | €3,584 | €9,380 | +€5,796 | +162% |
| Tangible fixed assets | 22/27 | €3,534 | €9,330 | +€5,796 | +164% |
| Plant, machinery and equipment | 23 | €3,534 | €9,330 | +€5,796 | +164% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €48,018 | €28,303 | -€19,715 | -41.1% |
| Stocks and contracts in progress | 3 | €1,683 | - | -€1,683 | |
| Stocks | 30/36 | €1,683 | - | -€1,683 | |
| Amounts receivable within one year | 40/41 | €1,145 | €9,384 | +€8,239 | +720% |
| Trade receivables | 40 | - | €2,153 | +€2,153 | |
| Other amounts receivable | 41 | €1,145 | €7,231 | +€6,086 | +532% |
| Cash at bank and in hand | 54/58 | €45,190 | €18,919 | -€26,271 | -58.1% |
| Total equity and liabilities | 10/49 | €51,602 | €37,683 | -€13,919 | -27.0% |
| Equity | 10/15 | €42,773 | €36,687 | -€6,086 | -14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €24,173 | €18,087 | -€6,086 | -25.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €22,313 | €16,227 | -€6,086 | -27.3% |
| Amounts payable | 17/49 | €8,829 | €996 | -€7,833 | -88.7% |
| Amounts payable within one year | 42/48 | €8,829 | €996 | -€7,833 | -88.7% |
| Trade debts | 44 | €6,049 | €996 | -€5,053 | -83.5% |
| Suppliers | 440/4 | €6,049 | €996 | -€5,053 | -83.5% |
| Taxes, remuneration and social security | 45 | €2,376 | - | -€2,376 | |
| Taxes | 450/3 | €2,376 | - | -€2,376 | |
| Other amounts payable | 47/48 | €404 | - | -€404 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,234 | €2,991 | +€1,757 | +142% |
| Other operating charges | 640/8 | €711 | €720 | +€9 | +1.3% |
| Gross operating margin | 9900 | -€3,233 | -€2,398 | +€835 | +25.8% |
| Operating profit (loss) | 9901 | -€5,178 | -€6,109 | -€931 | -18.0% |
| Financial income | 75/76B | - | €222 | +€222 | |
| Recurring financial income | 75 | - | €222 | +€222 | |
| Financial charges | 65/66B | €153 | €167 | +€14 | +9.2% |
| Recurring financial charges | 65 | €153 | €167 | +€14 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,331 | -€6,054 | -€723 | -13.6% |
| Income taxes | 67/77 | - | €32 | +€32 | |
| Profit (loss) for the period | 9904 | -€5,331 | -€6,086 | -€755 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,331 | -€6,086 | -€755 | -14.2% |
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 25 October 2026 via checked.be.