AGRORTIE: 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.
AGRORTIE
Largest movements
- Stocks and contracts -€29,100
down €29,100 (-82.9%), from €35,100 to €6,000
- Receivables within one year +€9,447
up €9,447 (+17.8%), from €53,010 to €62,457
of which Trade receivables: +€7,554
- Cash +€7,596
up €7,596 (+23.3%), from €32,663 to €40,258
mainly Stocks and contracts (+€29,100) and Net result for the year (+€10,386)
- Tangible fixed assets -€3,374
down €3,374 (-39.5%), from €8,541 to €5,166
- Trade debts -€26,032
down €26,032 (-38.6%), from €67,396 to €41,364
- Profit (loss) carried forward +€10,386
up €10,386, from -€10,083 to €303
- Gross operating margin +€6,666
up €6,666 (+77.1%), from €8,651 to €15,318
- Taxes +€214
new in 2025: €214
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 | €129,313 | €113,881 | -€15,432 | -11.9% |
| Fixed assets | 21/28 | €8,541 | €5,166 | -€3,374 | -39.5% |
| Tangible fixed assets | 22/27 | €8,541 | €5,166 | -€3,374 | -39.5% |
| Furniture and vehicles | 24 | €8,541 | €5,166 | -€3,374 | -39.5% |
| Current assets | 29/58 | €120,773 | €108,715 | -€12,058 | -10.0% |
| Stocks and contracts in progress | 3 | €35,100 | €6,000 | -€29,100 | -82.9% |
| Stocks | 30/36 | €35,100 | €6,000 | -€29,100 | -82.9% |
| Amounts receivable within one year | 40/41 | €53,010 | €62,457 | +€9,447 | +17.8% |
| Trade receivables | 40 | €51,225 | €58,779 | +€7,554 | +14.7% |
| Other amounts receivable | 41 | €1,785 | €3,678 | +€1,893 | +106% |
| Cash at bank and in hand | 54/58 | €32,663 | €40,258 | +€7,596 | +23.3% |
| Total equity and liabilities | 10/49 | €129,313 | €113,881 | -€15,432 | -11.9% |
| Equity | 10/15 | €61,917 | €72,303 | +€10,386 | +16.8% |
| Contributions | 10/11 | €72,000 | €72,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,083 | €303 | +€10,386 | |
| Amounts payable | 17/49 | €67,396 | €41,578 | -€25,818 | -38.3% |
| Amounts payable within one year | 42/48 | €67,396 | €41,578 | -€25,818 | -38.3% |
| Trade debts | 44 | €67,396 | €41,364 | -€26,032 | -38.6% |
| Suppliers | 440/4 | €67,396 | €41,364 | -€26,032 | -38.6% |
| Taxes, remuneration and social security | 45 | - | €214 | +€214 | |
| Taxes | 450/3 | - | €214 | +€214 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,374 | €3,374 | = | 0.0% |
| Other operating charges | 640/8 | €1,400 | €1,256 | -€144 | -10.3% |
| Gross operating margin | 9900 | €8,651 | €15,318 | +€6,666 | +77.1% |
| Operating profit (loss) | 9901 | €3,877 | €10,688 | +€6,810 | +176% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €225 | €87 | -€138 | -61.2% |
| Recurring financial charges | 65 | €225 | €87 | -€138 | -61.2% |
| Profit (loss) for the period before taxes | 9903 | €3,652 | €10,600 | +€6,948 | +190% |
| Income taxes | 67/77 | - | €214 | +€214 | |
| Profit (loss) for the period | 9904 | €3,652 | €10,386 | +€6,734 | +184% |
| Profit (loss) for the period to be appropriated | 9905 | €3,652 | €10,386 | +€6,734 | +184% |
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 29 October 2026 via checked.be.