AGROFOOD: 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.
AGROFOOD
Largest movements
- Cash +€602,015
up €602,015 (+189%), from €318,337 to €920,352
mainly Trade debts (+€423,979) and Net result for the year (+€311,803)
- Receivables within one year -€212,018
down €212,018 (-10.8%), from €2.0m to €1.8m
of which Trade receivables: -€200,985
- Trade debts +€423,979
up €423,979 (+29.1%), from €1.5m to €1.9m
- Reserves +€395,169
up €395,169 (+462%), from €85,460 to €480,629
- Profit (loss) carried forward -€394,645
down €394,645 (-100%), from €394,645 to €0
- Gross operating margin -€34,900
down €34,900 (-6.1%), from €568,430 to €533,530
- Financial income -€10,310
down €10,310 (-36.1%), from €28,559 to €18,249
- Financial charges -€6,162
down €6,162 (-22.2%), from €27,746 to €21,583
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 | €2,318,132 | €2,707,303 | +€389,171 | +16.8% |
| Fixed assets | 21/28 | €26,334 | €20,301 | -€6,032 | -22.9% |
| Intangible fixed assets | 21 | €3,115 | €2,408 | -€707 | -22.7% |
| Tangible fixed assets | 22/27 | €23,219 | €17,893 | -€5,326 | -22.9% |
| Plant, machinery and equipment | 23 | €17,252 | €13,657 | -€3,596 | -20.8% |
| Furniture and vehicles | 24 | €5,967 | €4,237 | -€1,730 | -29.0% |
| Current assets | 29/58 | €2,291,799 | €2,687,002 | +€395,203 | +17.2% |
| Amounts receivable within one year | 40/41 | €1,969,416 | €1,757,398 | -€212,018 | -10.8% |
| Trade receivables | 40 | €1,794,001 | €1,593,016 | -€200,985 | -11.2% |
| Other amounts receivable | 41 | €175,415 | €164,382 | -€11,033 | -6.3% |
| Cash at bank and in hand | 54/58 | €318,337 | €920,352 | +€602,015 | +189% |
| Deferred charges and accrued income | 490/1 | €4,046 | €9,251 | +€5,206 | +129% |
| Total equity and liabilities | 10/49 | €2,318,132 | €2,707,303 | +€389,171 | +16.8% |
| Equity | 10/15 | €498,705 | €499,229 | +€523 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €85,460 | €480,629 | +€395,169 | +462% |
| Distributable reserves | 133 | €85,460 | €480,629 | +€395,169 | +462% |
| Profit (loss) carried forward | 14 | €394,645 | €0 | -€394,645 | -100% |
| Amounts payable | 17/49 | €1,819,427 | €2,208,074 | +€388,648 | +21.4% |
| Amounts payable within one year | 42/48 | €1,819,427 | €2,207,863 | +€388,436 | +21.3% |
| Trade debts | 44 | €1,458,218 | €1,882,197 | +€423,979 | +29.1% |
| Suppliers | 440/4 | €1,458,218 | €1,882,197 | +€423,979 | +29.1% |
| Taxes, remuneration and social security | 45 | €23,538 | €14,386 | -€9,152 | -38.9% |
| Taxes | 450/3 | €0 | €3,075 | +€3,075 | |
| Remuneration and social security | 454/9 | €23,538 | €11,311 | -€12,227 | -51.9% |
| Other amounts payable | 47/48 | €337,670 | €311,280 | -€26,391 | -7.8% |
| Accrued charges and deferred income | 492/3 | €0 | €212 | +€212 | |
| Remuneration, social security and pensions | 62 | €129,537 | €124,105 | -€5,431 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,417 | €7,862 | -€1,554 | -16.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,264 | €1,379 | -€885 | -39.1% |
| Gross operating margin | 9900 | €568,430 | €533,530 | -€34,900 | -6.1% |
| Operating profit (loss) | 9901 | €427,213 | €400,184 | -€27,029 | -6.3% |
| Financial income | 75/76B | €28,559 | €18,249 | -€10,310 | -36.1% |
| Recurring financial income | 75 | €28,559 | €18,249 | -€10,310 | -36.1% |
| Financial charges | 65/66B | €27,746 | €21,583 | -€6,162 | -22.2% |
| Recurring financial charges | 65 | €27,746 | €21,583 | -€6,162 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €428,026 | €396,850 | -€31,177 | -7.3% |
| Income taxes | 67/77 | €90,071 | €85,046 | -€5,025 | -5.6% |
| Profit (loss) for the period | 9904 | €337,955 | €311,803 | -€26,152 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €337,955 | €311,803 | -€26,152 | -7.7% |
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 25 October 2026 via checked.be.