Agrocampus: 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.
Agrocampus
Largest movements
- Cash -€324,282
down €324,282 (-33.4%), from €970,932 to €646,650
mainly Debts within one year (-€318,691) and Accrued charges and deferred income (-€16,396)
- Debts within one year -€318,691
down €318,691 (-24.8%), from €1.3m to €967,738
- Staff costs +€44,773
up €44,773 (+11.8%), from €377,903 to €422,676
- Gross operating margin +€26,404
up €26,404 (+6.8%), from €390,240 to €416,644
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €1,720,428 | €1,368,239 | -€352,190 | -20.5% |
| Fixed assets | 21/28 | €31,709 | €25,573 | -€6,136 | -19.4% |
| Intangible fixed assets | 21 | €31,709 | €23,501 | -€8,208 | -25.9% |
| Tangible fixed assets | 22/27 | - | €2,072 | +€2,072 | |
| Plant, machinery and equipment | 23 | - | €2,072 | +€2,072 | |
| Current assets | 29/58 | €1,688,720 | €1,342,666 | -€346,054 | -20.5% |
| Amounts receivable within one year | 40/41 | €695,421 | €678,243 | -€17,178 | -2.5% |
| Trade receivables | 40 | €14,725 | €84,348 | +€69,623 | +473% |
| Other amounts receivable | 41 | €680,696 | €593,895 | -€86,801 | -12.8% |
| Current investments | 50/53 | €9,715 | €5,673 | -€4,043 | -41.6% |
| Cash at bank and in hand | 54/58 | €970,932 | €646,650 | -€324,282 | -33.4% |
| Deferred charges and accrued income | 490/1 | €12,651 | €12,100 | -€551 | -4.4% |
| Total equity and liabilities | 10/49 | €1,720,428 | €1,368,239 | -€352,190 | -20.5% |
| Equity | 10/15 | €359,413 | €346,350 | -€13,063 | -3.6% |
| Reserves | 13 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €239,413 | €226,350 | -€13,063 | -5.5% |
| Provisions and deferred taxes | 16 | €9,705 | €5,666 | -€4,039 | -41.6% |
| Provisions for liabilities and charges | 160/5 | €9,705 | €5,666 | -€4,039 | -41.6% |
| Other liabilities and charges | 164/5 | €9,705 | €5,666 | -€4,039 | -41.6% |
| Amounts payable | 17/49 | €1,351,310 | €1,016,222 | -€335,087 | -24.8% |
| Amounts payable within one year | 42/48 | €1,286,429 | €967,738 | -€318,691 | -24.8% |
| Trade debts | 44 | €456,383 | €381,963 | -€74,420 | -16.3% |
| Suppliers | 440/4 | €456,383 | €381,963 | -€74,420 | -16.3% |
| Taxes, remuneration and social security | 45 | €68,417 | €78,567 | +€10,150 | +14.8% |
| Taxes | 450/3 | €12,622 | €13,934 | +€1,313 | +10.4% |
| Remuneration and social security | 454/9 | €55,795 | €64,633 | +€8,838 | +15.8% |
| Accrued charges and deferred income | 492/3 | €64,881 | €48,485 | -€16,396 | -25.3% |
| Non-recurring operating income | 76A | €177 | €108,197 | +€108,020 | +60,949% |
| Remuneration, social security and pensions | 62 | €377,903 | €422,676 | +€44,773 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,415 | €8,726 | -€689 | -7.3% |
| Other operating charges | 640/8 | €2,511 | €2,644 | +€134 | +5.3% |
| Gross operating margin | 9900 | €390,240 | €416,644 | +€26,404 | +6.8% |
| Operating profit (loss) | 9901 | -€2,147 | -€13,363 | -€11,217 | -522% |
| Financial income | 75/76B | €2,563 | €736 | -€1,827 | -71.3% |
| Recurring financial income | 75 | €2,563 | €736 | -€1,827 | -71.3% |
| Financial charges | 65/66B | €160 | €165 | +€5 | +3.0% |
| Recurring financial charges | 65 | €160 | €165 | +€5 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €256 | -€12,792 | -€13,048 | |
| Income taxes | 67/77 | €256 | €271 | +€15 | +5.8% |
| Profit (loss) for the period | 9904 | - | -€13,063 | -€13,063 | |
| Profit (loss) for the period to be appropriated | 9905 | - | -€13,063 | -€13,063 |
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 17 October 2026 via checked.be.