AGROMYL: what changed
Two fiscal 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.
AGROMYL
Largest movements
- Receivables within one year -€2.1m
down €2.1m (-70.7%), from €3.0m to €879,343
of which Trade receivables: -€1.7m
- Tangible fixed assets -€406,141
down €406,141 (-94.1%), from €431,466 to €25,324
of which Furniture and vehicles: -€246,098
- Cash +€75,686
up €75,686 (+19.2%), from €393,656 to €469,342
mainly Receivables within one year (+€2.1m) and Investment in fixed assets (net) (+€363,220)
- Stocks and contracts -€48,503
no longer reported in 2024 (was €48,503)
- Other debts -€1.4m
no longer reported in 2024 (was €1.4m)
- Trade debts -€846,725
down €846,725 (-98.5%), from €859,328 to €12,603
- Tax, wage and social debts -€186,185
down €186,185 (-60.8%), from €306,472 to €120,287
of which Taxes: -€154,286
- Debts after one year -€101,282
no longer reported in 2024 (was €101,282)
- Current portion of long-term debt -€80,910
no longer reported in 2024 (was €80,910)
- Gross operating margin -€505,380
down €505,380 (-51.3%), from €985,869 to €480,489
- Staff costs -€199,127
down €199,127 (-44.0%), from €452,109 to €252,982
- Depreciation -€121,951
down €121,951 (-69.0%), from €176,858 to €54,907
- Taxes -€68,422
down €68,422 (-73.7%), from €92,792 to €24,370
- Financial charges -€17,498
down €17,498 (-61.8%), from €28,329 to €10,831
From the 31-12-2023 result to the 31-12-2024 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.
Cash bridge derived
Derived from the 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2023 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,888,167 | €1,376,932 | -€2.5m | -64.6% |
| Fixed assets | 21/28 | €446,373 | €28,247 | -€418,126 | -93.7% |
| Intangible fixed assets | 21 | €14,907 | €2,922 | -€11,985 | -80.4% |
| Tangible fixed assets | 22/27 | €431,466 | €25,324 | -€406,141 | -94.1% |
| Plant, machinery and equipment | 23 | €7,442 | €35 | -€7,406 | -99.5% |
| Furniture and vehicles | 24 | €271,387 | €25,289 | -€246,098 | -90.7% |
| Leasing and similar rights | 25 | €152,637 | - | -€152,637 | |
| Current assets | 29/58 | €3,441,795 | €1,348,685 | -€2.1m | -60.8% |
| Stocks and contracts in progress | 3 | €48,503 | - | -€48,503 | |
| Stocks | 30/36 | €48,503 | - | -€48,503 | |
| Amounts receivable within one year | 40/41 | €2,999,636 | €879,343 | -€2.1m | -70.7% |
| Trade receivables | 40 | €2,555,372 | €877,253 | -€1.7m | -65.7% |
| Other amounts receivable | 41 | €444,263 | €2,090 | -€442,174 | -99.5% |
| Cash at bank and in hand | 54/58 | €393,656 | €469,342 | +€75,686 | +19.2% |
| Total equity and liabilities | 10/49 | €3,888,167 | €1,376,932 | -€2.5m | -64.6% |
| Equity | 10/15 | €1,178,842 | €1,239,568 | +€60,726 | +5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,158,382 | €1,219,108 | +€60,726 | +5.2% |
| Amounts payable | 17/49 | €2,709,325 | €137,363 | -€2.6m | -94.9% |
| Amounts payable after more than one year | 17 | €101,282 | - | -€101,282 | |
| Financial debts | 170/4 | €101,282 | - | -€101,282 | |
| Amounts payable within one year | 42/48 | €2,604,785 | €132,890 | -€2.5m | -94.9% |
| Current portion of amounts payable after more than one year | 42 | €80,910 | - | -€80,910 | |
| Trade debts | 44 | €859,328 | €12,603 | -€846,725 | -98.5% |
| Suppliers | 440/4 | €859,328 | €12,603 | -€846,725 | -98.5% |
| Taxes, remuneration and social security | 45 | €306,472 | €120,287 | -€186,185 | -60.8% |
| Taxes | 450/3 | €261,402 | €107,116 | -€154,286 | -59.0% |
| Remuneration and social security | 454/9 | €45,069 | €13,170 | -€31,899 | -70.8% |
| Other amounts payable | 47/48 | €1,358,075 | - | -€1.4m | |
| Accrued charges and deferred income | 492/3 | €3,258 | €4,474 | +€1,216 | +37.3% |
| Non-recurring operating income | 76A | - | €516,017 | +€516,017 | |
| Remuneration, social security and pensions | 62 | €452,109 | €252,982 | -€199,127 | -44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €176,858 | €54,907 | -€121,951 | -69.0% |
| Other operating charges | 640/8 | €1,749 | €62 | -€1,687 | -96.4% |
| Non-recurring operating charges | 66A | €3,494 | €79,816 | +€76,322 | +2184.4% |
| Gross operating margin | 9900 | €985,869 | €480,489 | -€505,380 | -51.3% |
| Operating profit (loss) | 9901 | €351,659 | €92,721 | -€258,937 | -73.6% |
| Financial income | 75/76B | €3,514 | €3,206 | -€308 | -8.8% |
| Recurring financial income | 75 | €3,514 | €3,206 | -€308 | -8.8% |
| Financial charges | 65/66B | €28,329 | €10,831 | -€17,498 | -61.8% |
| Recurring financial charges | 65 | €28,329 | €10,831 | -€17,498 | -61.8% |
| Profit (loss) for the period before taxes | 9903 | €326,844 | €85,096 | -€241,748 | -74.0% |
| Income taxes | 67/77 | €92,792 | €24,370 | -€68,422 | -73.7% |
| Profit (loss) for the period | 9904 | €234,052 | €60,726 | -€173,326 | -74.1% |
| Profit (loss) for the period to be appropriated | 9905 | €234,052 | €60,726 | -€173,326 | -74.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.