AGROVER: 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.
AGROVER
Largest movements
- Tangible fixed assets +€75,620
up €75,620 (+94.0%), from €80,473 to €156,094
of which Furniture and vehicles: +€66,349
- Receivables within one year +€42,188
up €42,188 (+137.1%), from €30,761 to €72,949
of which Trade receivables: +€23,458
- Cash +€8,687
up €8,687 (+85.0%), from €10,220 to €18,908
mainly Debts after one year (+€52,840) and Trade debts (+€51,361)
- Debts after one year +€52,840
up €52,840 (+185.9%), from €28,419 to €81,259
- Trade debts +€51,361
up €51,361 (+174.1%), from €29,503 to €80,863
- Current portion of long-term debt +€15,786
up €15,786 (+168.4%), from €9,374 to €25,160
- Reserves +€5,500
up €5,500 (+13.2%), from €41,800 to €47,300
- Gross operating margin +€5,752
up €5,752 (+16.6%), from €34,600 to €40,351
- Depreciation +€5,557
up €5,557 (+29.9%), from €18,597 to €24,154
- Other operating charges -€2,078
down €2,078 (-51.2%), from €4,058 to €1,979
- Financial charges -€680
down €680 (-34.3%), from €1,982 to €1,302
From the 2023 result to the 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €127,609 | €254,143 | +€126,534 | +99.2% |
| Fixed assets | 21/28 | €82,473 | €158,094 | +€75,620 | +91.7% |
| Tangible fixed assets | 22/27 | €80,473 | €156,094 | +€75,620 | +94.0% |
| Plant, machinery and equipment | 23 | €38,333 | €47,605 | +€9,272 | +24.2% |
| Furniture and vehicles | 24 | €42,140 | €108,489 | +€66,349 | +157.4% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €45,136 | €96,050 | +€50,914 | +112.8% |
| Stocks and contracts in progress | 3 | €3,075 | €3,075 | = | 0.0% |
| Stocks | 30/36 | €3,075 | €3,075 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,761 | €72,949 | +€42,188 | +137.1% |
| Trade receivables | 40 | €30,761 | €54,219 | +€23,458 | +76.3% |
| Other amounts receivable | 41 | €0 | €18,730 | +€18,730 | |
| Cash at bank and in hand | 54/58 | €10,220 | €18,908 | +€8,687 | +85.0% |
| Deferred charges and accrued income | 490/1 | €1,080 | €1,118 | +€38 | +3.5% |
| Total equity and liabilities | 10/49 | €127,609 | €254,143 | +€126,534 | +99.2% |
| Equity | 10/15 | €46,831 | €52,361 | +€5,530 | +11.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €41,800 | €47,300 | +€5,500 | +13.2% |
| Distributable reserves | 133 | €41,800 | €47,300 | +€5,500 | +13.2% |
| Profit (loss) carried forward | 14 | €31 | €61 | +€30 | +97.4% |
| Amounts payable | 17/49 | €80,779 | €201,782 | +€121,004 | +149.8% |
| Amounts payable after more than one year | 17 | €28,419 | €81,259 | +€52,840 | +185.9% |
| Financial debts | 170/4 | €28,419 | €81,259 | +€52,840 | +185.9% |
| Amounts payable within one year | 42/48 | €52,359 | €120,523 | +€68,164 | +130.2% |
| Current portion of amounts payable after more than one year | 42 | €9,374 | €25,160 | +€15,786 | +168.4% |
| Trade debts | 44 | €29,503 | €80,863 | +€51,361 | +174.1% |
| Suppliers | 440/4 | €29,503 | €80,863 | +€51,361 | +174.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €4,032 | €4,718 | +€686 | +17.0% |
| Taxes | 450/3 | €4,032 | €4,718 | +€686 | +17.0% |
| Other amounts payable | 47/48 | €9,451 | €9,782 | +€331 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,597 | €24,154 | +€5,557 | +29.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €4,058 | €1,979 | -€2,078 | -51.2% |
| Non-recurring operating charges | 66A | €3,160 | €5,170 | +€2,010 | +63.6% |
| Gross operating margin | 9900 | €34,600 | €40,351 | +€5,752 | +16.6% |
| Operating profit (loss) | 9901 | €8,785 | €9,048 | +€263 | +3.0% |
| Financial income | 75/76B | €72 | €53 | -€19 | -26.7% |
| Recurring financial income | 75 | €72 | €53 | -€19 | -26.7% |
| Financial charges | 65/66B | €1,982 | €1,302 | -€680 | -34.3% |
| Recurring financial charges | 65 | €1,982 | €1,302 | -€680 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | €6,874 | €7,798 | +€924 | +13.4% |
| Income taxes | 67/77 | €2,486 | €2,268 | -€218 | -8.8% |
| Profit (loss) for the period | 9904 | €4,389 | €5,530 | +€1,141 | +26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,389 | €5,530 | +€1,141 | +26.0% |
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.