Agrometius: 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.
What changed
Agrometius
NACE 46.610, Wholesale trade
financial year 2023 compared with 2022filed annual accounts (NBB)
Net result for the year
-€73,438
2022 · -€23,919-€49,519
Equity
-€522,660
2022 · -€449,222-€73,438
Cash
€0
2022 · €50,389-€50,389
Balance sheet total
€940,075
2022 · €1.4m-€458,458
Largest movements
Assets
- Receivables within one year -€359,677
down €359,677 (-36.4%), from €989,162 to €629,486
of which Trade receivables: -€353,017
- Stocks and contracts -€62,025
down €62,025 (-21.7%), from €285,589 to €223,565
- Cash -€50,389
down €50,389 (-100%), from €50,389 to €0
mainly Advances received (-€322,443) and Trade debts (-€140,778)
Equity and liabilities
- Advances received -€322,443
down €322,443 (-50.9%), from €634,094 to €311,651
- Trade debts -€140,778
down €140,778 (-28.6%), from €491,384 to €350,606
- Profit (loss) carried forward -€73,438
down €73,438 (-7.9%), from -€935,222 to -€1.0m
- Other debts +€61,435
up €61,435 (+14.6%), from €422,084 to €483,518
- Tax, wage and social debts +€16,701
up €16,701 (+5.6%), from €300,193 to €316,894
of which Remuneration and social security: +€100,003
Income statement
- Turnover +€519,611
up €519,611 (+14.3%), from €3.6m to €4.2m
- Goods and materials +€403,938
up €403,938 (+19.2%), from €2.1m to €2.5m
of which Purchases: +€271,051
- Services and other goods +€114,224
up €114,224 (+20.0%), from €572,158 to €686,382
From the 2022 result to the 2023 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.
Result 2022
-€23,919
Turnover
+€519,611
Other operating income
-€6,996
Goods and materials
-€403,938
Services and other goods
-€114,224
Staff costs
-€21,447
Depreciation
-€16,107
Write-downs
-€3,698
Other operating charges
-€378
Other operating items
-€308
Financial income
+€0
Financial charges
-€3,928
Taxes
+€1,894
Result 2023
-€73,438
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€1,168
Investment
-€49,286
Financing
+€65
Cash 2022
€50,389
From operations (derived)
-€1,168
Net result for the year
-€73,438
Depreciation
+€35,654
Stocks and contracts
+€62,025
Receivables within one year
+€359,677
Trade debts
-€140,778
Tax, wage and social debts
+€16,701
Advances received
-€322,443
Other debts
+€61,435
Investment (derived)
-€49,286
Investment in fixed assets (net)
-€49,286
Financing
+€65
Short-term financial debts
+€65
Cash 2023
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,398,533 | €940,075 | -€458,458 | -32.8% |
| Fixed assets | 21/28 | €73,393 | €87,024 | +€13,632 | +18.6% |
| Intangible fixed assets | 21 | €25,945 | €29,403 | +€3,457 | +13.3% |
| Tangible fixed assets | 22/27 | €41,097 | €51,272 | +€10,175 | +24.8% |
| Plant, machinery and equipment | 23 | €39,510 | €38,370 | -€1,140 | -2.9% |
| Furniture and vehicles | 24 | €1,587 | €12,901 | +€11,314 | +713% |
| Financial fixed assets | 28 | €6,350 | €6,350 | = | 0.0% |
| Other financial fixed assets | 284/8 | €6,350 | €6,350 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €6,350 | €6,350 | = | 0.0% |
| Current assets | 29/58 | €1,325,140 | €853,050 | -€472,090 | -35.6% |
| Stocks and contracts in progress | 3 | €285,589 | €223,565 | -€62,025 | -21.7% |
| Stocks | 30/36 | €285,589 | €223,565 | -€62,025 | -21.7% |
| Goods purchased for resale | 34 | €237,430 | €169,131 | -€68,299 | -28.8% |
| Advance payments | 36 | €48,159 | €54,434 | +€6,274 | +13.0% |
| Amounts receivable within one year | 40/41 | €989,162 | €629,486 | -€359,677 | -36.4% |
| Trade receivables | 40 | €966,529 | €613,512 | -€353,017 | -36.5% |
| Other amounts receivable | 41 | €22,633 | €15,973 | -€6,660 | -29.4% |
| Cash at bank and in hand | 54/58 | €50,389 | €0 | -€50,389 | -100% |
| Total equity and liabilities | 10/49 | €1,398,533 | €940,075 | -€458,458 | -32.8% |
| Equity | 10/15 | -€449,222 | -€522,660 | -€73,438 | -16.3% |
| Contributions | 10/11 | €486,000 | €486,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€935,222 | -€1,008,660 | -€73,438 | -7.9% |
| Amounts payable | 17/49 | €1,847,755 | €1,462,734 | -€385,020 | -20.8% |
| Amounts payable within one year | 42/48 | €1,847,755 | €1,462,734 | -€385,020 | -20.8% |
| Financial debts | 43 | - | €65 | +€65 | |
| Credit institutions | 430/8 | - | €65 | +€65 | |
| Trade debts | 44 | €491,384 | €350,606 | -€140,778 | -28.6% |
| Suppliers | 440/4 | €491,384 | €350,606 | -€140,778 | -28.6% |
| Advances received on contracts in progress | 46 | €634,094 | €311,651 | -€322,443 | -50.9% |
| Taxes, remuneration and social security | 45 | €300,193 | €316,894 | +€16,701 | +5.6% |
| Taxes | 450/3 | €204,784 | €121,483 | -€83,301 | -40.7% |
| Remuneration and social security | 454/9 | €95,408 | €195,411 | +€100,003 | +105% |
| Other amounts payable | 47/48 | €422,084 | €483,518 | +€61,435 | +14.6% |
| Operating income | 70/76A | €3,691,299 | €4,203,605 | +€512,307 | +13.9% |
| Turnover | 70 | €3,637,101 | €4,156,712 | +€519,611 | +14.3% |
| Other operating income | 74 | €36,391 | €29,395 | -€6,996 | -19.2% |
| Non-recurring operating income | 76A | €17,807 | €17,498 | -€308 | -1.7% |
| Operating charges | 60/66A | €3,687,570 | €4,247,363 | +€559,792 | +15.2% |
| Goods for resale, raw materials and consumables | 60 | €2,108,511 | €2,512,449 | +€403,938 | +19.2% |
| Purchases | 600/8 | €2,173,098 | €2,444,150 | +€271,051 | +12.5% |
| Change in stocks: decrease (increase) | 609 | -€64,588 | €68,299 | +€132,887 | |
| Services and other goods | 61 | €572,158 | €686,382 | +€114,224 | +20.0% |
| Remuneration, social security and pensions | 62 | €981,109 | €1,002,556 | +€21,447 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,547 | €35,654 | +€16,107 | +82.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,698 | +€3,698 | |
| Other operating charges | 640/8 | €6,246 | €6,624 | +€378 | +6.0% |
| Operating profit (loss) | 9901 | €3,729 | -€43,757 | -€47,486 | |
| Financial income | 75/76B | €0 | €1 | +€0 | +55.0% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +55.0% |
| Other financial income | 752/9 | €0 | €1 | +€0 | +55.0% |
| Financial charges | 65/66B | €25,441 | €29,369 | +€3,928 | +15.4% |
| Recurring financial charges | 65 | €25,441 | €29,369 | +€3,928 | +15.4% |
| Debt charges | 650 | €24,204 | €29,362 | +€5,158 | +21.3% |
| Other financial charges | 652/9 | €1,237 | €7 | -€1,230 | -99.4% |
| Profit (loss) for the period before taxes | 9903 | -€21,712 | -€73,126 | -€51,413 | -237% |
| Income taxes | 67/77 | €2,207 | €312 | -€1,894 | -85.8% |
| Taxes | 670/3 | €2,207 | €2,519 | +€312 | +14.2% |
| Tax adjustments and reversals of tax provisions | 77 | - | €2,207 | +€2,207 | |
| Profit (loss) for the period | 9904 | -€23,919 | -€73,438 | -€49,519 | -207% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,919 | -€73,438 | -€49,519 | -207% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.