AGRODELVA: 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.
AGRODELVA
Largest movements
- Tangible fixed assets +€256,754
up €256,754 (+15.6%), from €1.6m to €1.9m
of which Land and buildings: +€317,116
- Receivables within one year +€177,837
up €177,837 (+798%), from €22,278 to €200,115
of which Other amounts receivable: +€158,390
- Cash -€57,583
down €57,583 (-9.8%), from €586,122 to €528,539
mainly Investment in fixed assets (net) (-€361,656) and Receivables within one year (-€177,837)
- Other debts +€368,149
up €368,149 (+44.0%), from €837,260 to €1.2m
- Profit (loss) carried forward +€31,139
up €31,139 (+4.3%), from €722,002 to €753,141
- Depreciation +€27,865
up €27,865 (+36.2%), from €77,038 to €104,903
- Taxes -€7,929
down €7,929 (-43.7%), from €18,160 to €10,232
- Gross operating margin +€7,573
up €7,573 (+3.2%), from €234,512 to €242,085
- Financial income +€4,818
up €4,818 (+174%), from €2,772 to €7,590
- Financial charges +€4,796
up €4,796 (+25.2%), from €19,019 to €23,815
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 | €2,301,651 | €2,687,587 | +€385,936 | +16.8% |
| Fixed assets | 21/28 | €1,641,759 | €1,898,513 | +€256,754 | +15.6% |
| Tangible fixed assets | 22/27 | €1,641,759 | €1,898,513 | +€256,754 | +15.6% |
| Land and buildings | 22 | €1,474,948 | €1,792,064 | +€317,116 | +21.5% |
| Plant, machinery and equipment | 23 | €61,313 | €46,552 | -€14,761 | -24.1% |
| Furniture and vehicles | 24 | €105,498 | €59,897 | -€45,601 | -43.2% |
| Current assets | 29/58 | €659,893 | €789,075 | +€129,182 | +19.6% |
| Stocks and contracts in progress | 3 | €37,739 | €46,319 | +€8,580 | +22.7% |
| Stocks | 30/36 | €37,739 | €46,319 | +€8,580 | +22.7% |
| Amounts receivable within one year | 40/41 | €22,278 | €200,115 | +€177,837 | +798% |
| Trade receivables | 40 | €9,951 | €29,398 | +€19,447 | +195% |
| Other amounts receivable | 41 | €12,327 | €170,717 | +€158,390 | +1,285% |
| Cash at bank and in hand | 54/58 | €586,122 | €528,539 | -€57,583 | -9.8% |
| Deferred charges and accrued income | 490/1 | €13,753 | €14,101 | +€348 | +2.5% |
| Total equity and liabilities | 10/49 | €2,301,651 | €2,687,587 | +€385,936 | +16.8% |
| Equity | 10/15 | €1,424,535 | €1,448,175 | +€23,639 | +1.7% |
| Contributions | 10/11 | €564,483 | €564,483 | = | 0.0% |
| Capital | 10 | €564,483 | €564,483 | = | 0.0% |
| Issued capital | 100 | €564,483 | €564,483 | = | 0.0% |
| Reserves | 13 | €138,051 | €130,551 | -€7,500 | -5.4% |
| Non-distributable reserves | 130/1 | €56,448 | €56,448 | = | 0.0% |
| Legal reserve | 130 | €56,448 | €56,448 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,781 | €8,281 | -€7,500 | -47.5% |
| Distributable reserves | 133 | €65,822 | €65,822 | = | 0.0% |
| Profit (loss) carried forward | 14 | €722,002 | €753,141 | +€31,139 | +4.3% |
| Provisions and deferred taxes | 16 | €5,260 | €2,760 | -€2,500 | -47.5% |
| Deferred taxes | 168 | €5,260 | €2,760 | -€2,500 | -47.5% |
| Amounts payable | 17/49 | €871,856 | €1,236,652 | +€364,796 | +41.8% |
| Amounts payable within one year | 42/48 | €871,152 | €1,236,652 | +€365,501 | +42.0% |
| Trade debts | 44 | €4,450 | €3,342 | -€1,109 | -24.9% |
| Suppliers | 440/4 | €4,450 | €3,342 | -€1,109 | -24.9% |
| Taxes, remuneration and social security | 45 | €29,441 | €27,902 | -€1,540 | -5.2% |
| Taxes | 450/3 | €18,110 | €17,374 | -€736 | -4.1% |
| Remuneration and social security | 454/9 | €11,332 | €10,528 | -€804 | -7.1% |
| Other amounts payable | 47/48 | €837,260 | €1,205,409 | +€368,149 | +44.0% |
| Accrued charges and deferred income | 492/3 | €704 | €0 | -€704 | -100% |
| Non-recurring operating income | 76A | €12,744 | €0 | -€12,744 | -100% |
| Remuneration, social security and pensions | 62 | €68,375 | €71,085 | +€2,710 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,038 | €104,903 | +€27,865 | +36.2% |
| Other operating charges | 640/8 | €19,131 | €18,501 | -€629 | -3.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €234,512 | €242,085 | +€7,573 | +3.2% |
| Operating profit (loss) | 9901 | €69,968 | €47,596 | -€22,373 | -32.0% |
| Financial income | 75/76B | €2,772 | €7,590 | +€4,818 | +174% |
| Recurring financial income | 75 | €2,772 | €7,590 | +€4,818 | +174% |
| Financial charges | 65/66B | €19,019 | €23,815 | +€4,796 | +25.2% |
| Recurring financial charges | 65 | €19,019 | €23,815 | +€4,796 | +25.2% |
| Profit (loss) for the period before taxes | 9903 | €53,721 | €31,371 | -€22,350 | -41.6% |
| Transfer from deferred taxes | 780 | €2,500 | €2,500 | = | 0.0% |
| Income taxes | 67/77 | €18,160 | €10,232 | -€7,929 | -43.7% |
| Profit (loss) for the period | 9904 | €38,061 | €23,639 | -€14,421 | -37.9% |
| Transfer from tax-exempt reserves | 789 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,561 | €31,139 | -€14,421 | -31.7% |
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 15 October 2026 via checked.be.