AGROVEE: 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.
AGROVEE
Largest movements
- Receivables within one year +€108,273
up €108,273 (+55.7%), from €194,288 to €302,561
of which Trade receivables: +€116,146
- Cash -€58,265
down €58,265 (-38.9%), from €149,627 to €91,362
mainly Receivables within one year (-€108,273) and Other debts (-€17,582)
- Tangible fixed assets -€38,487
down €38,487 (-38.2%), from €100,621 to €62,135
of which Furniture and vehicles: -€36,745
- Trade debts +€49,726
up €49,726 (+85.2%), from €58,336 to €108,062
- Other debts -€17,582
down €17,582 (-6.6%), from €266,728 to €249,146
- Debts after one year -€11,660
down €11,660 (-44.4%), from €26,235 to €14,575
- Tax, wage and social debts -€8,183
down €8,183 (-98.6%), from €8,301 to €118
- Gross operating margin -€21,680
down €21,680 (-28.6%), from €75,849 to €54,169
- Other operating charges +€13,171
up €13,171 (+10452.9%), from €126 to €13,297
- Depreciation -€5,721
down €5,721 (-12.9%), from €44,207 to €38,487
- Taxes -€4,509
down €4,509 (-91.4%), from €4,934 to €426
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.
Cash bridge derived
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 | €446,555 | €459,635 | +€13,080 | +2.9% |
| Fixed assets | 21/28 | €100,671 | €62,185 | -€38,487 | -38.2% |
| Tangible fixed assets | 22/27 | €100,621 | €62,135 | -€38,487 | -38.2% |
| Plant, machinery and equipment | 23 | €6,649 | €5,025 | -€1,625 | -24.4% |
| Furniture and vehicles | 24 | €93,855 | €57,110 | -€36,745 | -39.2% |
| Other tangible fixed assets | 26 | €117 | €0 | -€117 | -100.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €345,884 | €397,451 | +€51,567 | +14.9% |
| Amounts receivable within one year | 40/41 | €194,288 | €302,561 | +€108,273 | +55.7% |
| Trade receivables | 40 | €156,628 | €272,774 | +€116,146 | +74.2% |
| Other amounts receivable | 41 | €37,660 | €29,787 | -€7,872 | -20.9% |
| Cash at bank and in hand | 54/58 | €149,627 | €91,362 | -€58,265 | -38.9% |
| Deferred charges and accrued income | 490/1 | €1,969 | €3,528 | +€1,559 | +79.2% |
| Total equity and liabilities | 10/49 | €446,555 | €459,635 | +€13,080 | +2.9% |
| Equity | 10/15 | €75,296 | €76,075 | +€779 | +1.0% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €62,901 | €63,680 | +€779 | +1.2% |
| Distributable reserves | 133 | €62,901 | €63,680 | +€779 | +1.2% |
| Amounts payable | 17/49 | €371,259 | €383,561 | +€12,301 | +3.3% |
| Amounts payable after more than one year | 17 | €26,235 | €14,575 | -€11,660 | -44.4% |
| Financial debts | 170/4 | €26,235 | €14,575 | -€11,660 | -44.4% |
| Amounts payable within one year | 42/48 | €345,024 | €368,986 | +€23,961 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €11,660 | €11,660 | = | 0.0% |
| Trade debts | 44 | €58,336 | €108,062 | +€49,726 | +85.2% |
| Suppliers | 440/4 | €58,336 | €108,062 | +€49,726 | +85.2% |
| Taxes, remuneration and social security | 45 | €8,301 | €118 | -€8,183 | -98.6% |
| Taxes | 450/3 | €8,301 | €118 | -€8,183 | -98.6% |
| Other amounts payable | 47/48 | €266,728 | €249,146 | -€17,582 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,207 | €38,487 | -€5,721 | -12.9% |
| Other operating charges | 640/8 | €126 | €13,297 | +€13,171 | +10452.9% |
| Gross operating margin | 9900 | €75,849 | €54,169 | -€21,680 | -28.6% |
| Operating profit (loss) | 9901 | €31,516 | €2,386 | -€29,130 | -92.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -70.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -70.0% |
| Financial charges | 65/66B | €1,170 | €1,181 | +€12 | +1.0% |
| Recurring financial charges | 65 | €1,170 | €1,181 | +€12 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €30,346 | €1,205 | -€29,142 | -96.0% |
| Income taxes | 67/77 | €4,934 | €426 | -€4,509 | -91.4% |
| Profit (loss) for the period | 9904 | €25,412 | €779 | -€24,633 | -96.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,412 | €779 | -€24,633 | -96.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.