AGRODAN: 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.
AGRODAN
Largest movements
- Cash +€27,016
up €27,016 (+50.9%), from €53,041 to €80,057
mainly Net result for the year (+€19,685) and Depreciation (+€17,021)
- Tangible fixed assets -€15,375
down €15,375 (-23.2%), from €66,300 to €50,925
of which Furniture and vehicles: -€16,458
- Receivables within one year +€5,295
up €5,295 (+225%), from €2,358 to €7,653
- Reserves +€18,500
up €18,500 (+33.1%), from €55,952 to €74,452
of which Distributable reserves: +€18,500
- Tax, wage and social debts +€6,391
up €6,391 (+51.8%), from €12,330 to €18,721
- Debts after one year -€5,098
down €5,098 (-46.7%), from €10,916 to €5,818
- Other debts -€4,348
down €4,348 (-21.2%), from €20,487 to €16,139
- Trade debts +€2,238
up €2,238 (+96.3%), from €2,323 to €4,561
- Gross operating margin +€4,994
up €4,994 (+11.4%), from €43,966 to €48,960
- Taxes +€3,617
up €3,617 (+55.9%), from €6,475 to €10,092
- Depreciation +€1,732
up €1,732 (+11.3%), from €15,289 to €17,021
- Financial charges -€1,097
down €1,097 (-60.5%), from €1,814 to €717
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 | €121,699 | €139,982 | +€18,283 | +15.0% |
| Fixed assets | 21/28 | €66,300 | €50,925 | -€15,375 | -23.2% |
| Tangible fixed assets | 22/27 | €66,300 | €50,925 | -€15,375 | -23.2% |
| Plant, machinery and equipment | 23 | €243 | €1,605 | +€1,362 | +561% |
| Furniture and vehicles | 24 | €64,018 | €47,560 | -€16,458 | -25.7% |
| Other tangible fixed assets | 26 | €2,039 | €1,759 | -€280 | -13.7% |
| Current assets | 29/58 | €55,399 | €89,057 | +€33,658 | +60.8% |
| Amounts receivable within one year | 40/41 | €2,358 | €7,653 | +€5,295 | +225% |
| Trade receivables | 40 | €2,358 | €7,653 | +€5,295 | +225% |
| Cash at bank and in hand | 54/58 | €53,041 | €80,057 | +€27,016 | +50.9% |
| Deferred charges and accrued income | 490/1 | - | €1,347 | +€1,347 | |
| Total equity and liabilities | 10/49 | €121,699 | €139,982 | +€18,283 | +15.0% |
| Equity | 10/15 | €70,794 | €89,646 | +€18,852 | +26.6% |
| Contributions | 10/11 | €12,700 | €12,700 | = | 0.0% |
| Contributions outside capital | 11 | €12,700 | - | -€12,700 | |
| Other | 1109/19 | €12,700 | - | -€12,700 | |
| Reserves | 13 | €55,952 | €74,452 | +€18,500 | +33.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €54,092 | €72,592 | +€18,500 | +34.2% |
| Profit (loss) carried forward | 14 | €2,142 | €2,494 | +€352 | +16.4% |
| Amounts payable | 17/49 | €50,905 | €50,336 | -€569 | -1.1% |
| Amounts payable after more than one year | 17 | €10,916 | €5,818 | -€5,098 | -46.7% |
| Financial debts | 170/4 | €10,916 | €5,818 | -€5,098 | -46.7% |
| Amounts payable within one year | 42/48 | €39,989 | €44,518 | +€4,529 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €4,849 | €5,098 | +€249 | +5.1% |
| Trade debts | 44 | €2,323 | €4,561 | +€2,238 | +96.3% |
| Suppliers | 440/4 | €2,323 | €4,561 | +€2,238 | +96.3% |
| Taxes, remuneration and social security | 45 | €12,330 | €18,721 | +€6,391 | +51.8% |
| Taxes | 450/3 | €12,330 | €18,721 | +€6,391 | +51.8% |
| Other amounts payable | 47/48 | €20,487 | €16,139 | -€4,348 | -21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,289 | €17,021 | +€1,732 | +11.3% |
| Other operating charges | 640/8 | €1,741 | €1,444 | -€297 | -17.0% |
| Non-recurring operating charges | 66A | €2,718 | €0 | -€2,718 | -100% |
| Gross operating margin | 9900 | €43,966 | €48,960 | +€4,994 | +11.4% |
| Operating profit (loss) | 9901 | €24,218 | €30,494 | +€6,276 | +25.9% |
| Financial income | 75/76B | €179 | €0 | -€179 | -100% |
| Recurring financial income | 75 | €179 | €0 | -€179 | -100% |
| Financial charges | 65/66B | €1,814 | €717 | -€1,097 | -60.5% |
| Recurring financial charges | 65 | €1,814 | €717 | -€1,097 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | €22,583 | €29,778 | +€7,195 | +31.9% |
| Income taxes | 67/77 | €6,475 | €10,092 | +€3,617 | +55.9% |
| Profit (loss) for the period | 9904 | €16,108 | €19,685 | +€3,577 | +22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,108 | €19,685 | +€3,577 | +22.2% |
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 1 November 2026 via checked.be.