AGROVET: 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.
AGROVET
Largest movements
- Current investments +€1.2m
up €1.2m, from €0 to €1.2m
- Cash -€568,129
down €568,129 (-90.8%), from €625,660 to €57,530
mainly Current investments (-€1.2m) and Contributions, distributions and other (-€51,000)
- Receivables within one year -€298,778
down €298,778 (-63.3%), from €471,968 to €173,191
of which Trade receivables: -€173,016
- Tangible fixed assets -€25,490
down €25,490 (-35.5%), from €71,741 to €46,251
of which Land and buildings: -€17,590
- Reserves +€251,543
up €251,543 (+23.8%), from €1.1m to €1.3m
of which Distributable reserves: +€251,543
- Gross operating margin +€78,994
up €78,994 (+21.5%), from €366,587 to €445,581
- Taxes +€29,618
up €29,618 (+27.8%), from €106,472 to €136,090
- Financial income +€23,755
up €23,755 (+642.4%), from €3,698 to €27,453
- Financial charges +€6,749
up €6,749 (+2104.1%), from €321 to €7,070
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 | €1,172,756 | €1,431,197 | +€258,441 | +22.0% |
| Fixed assets | 21/28 | €71,741 | €46,251 | -€25,490 | -35.5% |
| Tangible fixed assets | 22/27 | €71,741 | €46,251 | -€25,490 | -35.5% |
| Land and buildings | 22 | €35,445 | €17,855 | -€17,590 | -49.6% |
| Furniture and vehicles | 24 | €36,296 | €28,396 | -€7,900 | -21.8% |
| Current assets | 29/58 | €1,101,015 | €1,384,946 | +€283,931 | +25.8% |
| Amounts receivable within one year | 40/41 | €471,968 | €173,191 | -€298,778 | -63.3% |
| Trade receivables | 40 | €346,039 | €173,023 | -€173,016 | -50.0% |
| Other amounts receivable | 41 | €125,929 | €167 | -€125,762 | -99.9% |
| Current investments | 50/53 | €0 | €1,150,799 | +€1.2m | |
| Cash at bank and in hand | 54/58 | €625,660 | €57,530 | -€568,129 | -90.8% |
| Deferred charges and accrued income | 490/1 | €3,387 | €3,427 | +€40 | +1.2% |
| Total equity and liabilities | 10/49 | €1,172,756 | €1,431,197 | +€258,441 | +22.0% |
| Equity | 10/15 | €1,074,979 | €1,326,522 | +€251,543 | +23.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,056,379 | €1,307,922 | +€251,543 | +23.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €1,000,129 | €1,251,672 | +€251,543 | +25.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €97,777 | €104,675 | +€6,898 | +7.1% |
| Amounts payable within one year | 42/48 | €97,777 | €103,531 | +€5,754 | +5.9% |
| Trade debts | 44 | €9,786 | €9,781 | -€5 | -0.1% |
| Suppliers | 440/4 | €9,786 | €9,781 | -€5 | -0.1% |
| Taxes, remuneration and social security | 45 | €72,823 | €76,417 | +€3,594 | +4.9% |
| Taxes | 450/3 | €72,823 | €76,417 | +€3,594 | +4.9% |
| Other amounts payable | 47/48 | €15,167 | €17,332 | +€2,165 | +14.3% |
| Accrued charges and deferred income | 492/3 | - | €1,144 | +€1,144 | |
| Non-recurring operating income | 76A | €1,163 | €0 | -€1,163 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,558 | €25,490 | +€3,933 | +18.2% |
| Other operating charges | 640/8 | €1,322 | €1,841 | +€518 | +39.2% |
| Gross operating margin | 9900 | €366,587 | €445,581 | +€78,994 | +21.5% |
| Operating profit (loss) | 9901 | €343,707 | €418,250 | +€74,543 | +21.7% |
| Financial income | 75/76B | €3,698 | €27,453 | +€23,755 | +642.4% |
| Recurring financial income | 75 | €3,698 | €27,453 | +€23,755 | +642.4% |
| Financial charges | 65/66B | €321 | €7,070 | +€6,749 | +2104.1% |
| Recurring financial charges | 65 | €321 | €7,070 | +€6,749 | +2104.1% |
| Profit (loss) for the period before taxes | 9903 | €347,084 | €438,633 | +€91,550 | +26.4% |
| Income taxes | 67/77 | €106,472 | €136,090 | +€29,618 | +27.8% |
| Profit (loss) for the period | 9904 | €240,612 | €302,543 | +€61,932 | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €240,612 | €302,543 | +€61,932 | +25.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.