AJD AGRI: 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.
AJD AGRI
Largest movements
- Stocks and contracts -€156,939
down €156,939 (-79.5%), from €197,304 to €40,364
- Cash +€32,436
up €32,436 (+2,564%), from €1,265 to €33,701
mainly Stocks and contracts (+€156,939) and Depreciation (+€13,728)
- Tangible fixed assets -€13,728
down €13,728 (-10.8%), from €127,231 to €113,503
of which Furniture and vehicles: -€13,500
- Receivables within one year -€12,496
down €12,496 (-9.6%), from €130,708 to €118,212
of which Trade receivables: -€12,496
- Short-term financial debts -€49,841
no longer reported in 2025 (was €49,841)
- Debts after one year -€43,409
down €43,409 (-37.4%), from €116,050 to €72,641
- Other debts -€34,740
down €34,740 (-17.5%), from €197,970 to €163,230
- Current portion of long-term debt -€24,148
down €24,148 (-35.7%), from €67,557 to €43,409
- Trade debts +€5,346
up €5,346 (+60.7%), from €8,814 to €14,160
- Gross operating margin +€14,199
up €14,199 (+111%), from €12,839 to €27,038
- Depreciation +€5,275
up €5,275 (+62.4%), from €8,453 to €13,728
- Financial charges +€1,459
up €1,459 (+11.3%), from €12,899 to €14,358
- Other operating charges +€1,422
up €1,422 (+1,162%), from €122 to €1,544
- Staff costs -€447
down €447 (-93.0%), from €481 to €34
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 | €457,514 | €306,848 | -€150,666 | -32.9% |
| Fixed assets | 21/28 | €127,231 | €113,503 | -€13,728 | -10.8% |
| Tangible fixed assets | 22/27 | €127,231 | €113,503 | -€13,728 | -10.8% |
| Plant, machinery and equipment | 23 | €456 | €228 | -€228 | -49.9% |
| Furniture and vehicles | 24 | €126,775 | €113,275 | -€13,500 | -10.6% |
| Current assets | 29/58 | €330,283 | €193,345 | -€136,938 | -41.5% |
| Stocks and contracts in progress | 3 | €197,304 | €40,364 | -€156,939 | -79.5% |
| Stocks | 30/36 | €197,304 | €40,364 | -€156,939 | -79.5% |
| Amounts receivable within one year | 40/41 | €130,708 | €118,212 | -€12,496 | -9.6% |
| Trade receivables | 40 | €125,836 | €113,340 | -€12,496 | -9.9% |
| Other amounts receivable | 41 | €4,872 | €4,872 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,265 | €33,701 | +€32,436 | +2,564% |
| Deferred charges and accrued income | 490/1 | €1,006 | €1,068 | +€62 | +6.1% |
| Total equity and liabilities | 10/49 | €457,514 | €306,848 | -€150,666 | -32.9% |
| Equity | 10/15 | €5,885 | €3,259 | -€2,626 | -44.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,575 | -€17,201 | -€2,626 | -18.0% |
| Amounts payable | 17/49 | €451,629 | €303,589 | -€148,040 | -32.8% |
| Amounts payable after more than one year | 17 | €116,050 | €72,641 | -€43,409 | -37.4% |
| Financial debts | 170/4 | €116,050 | €72,641 | -€43,409 | -37.4% |
| Amounts payable within one year | 42/48 | €335,579 | €230,948 | -€104,631 | -31.2% |
| Current portion of amounts payable after more than one year | 42 | €67,557 | €43,409 | -€24,148 | -35.7% |
| Financial debts | 43 | €49,841 | - | -€49,841 | |
| Credit institutions | 430/8 | €49,841 | - | -€49,841 | |
| Trade debts | 44 | €8,814 | €14,160 | +€5,346 | +60.7% |
| Suppliers | 440/4 | €8,814 | €14,160 | +€5,346 | +60.7% |
| Taxes, remuneration and social security | 45 | €11,397 | €10,149 | -€1,248 | -10.9% |
| Taxes | 450/3 | €11,397 | €10,149 | -€1,248 | -10.9% |
| Other amounts payable | 47/48 | €197,970 | €163,230 | -€34,740 | -17.5% |
| Non-recurring operating income | 76A | €10,000 | - | -€10,000 | |
| Remuneration, social security and pensions | 62 | €481 | €34 | -€447 | -93.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,453 | €13,728 | +€5,275 | +62.4% |
| Other operating charges | 640/8 | €122 | €1,544 | +€1,422 | +1,162% |
| Gross operating margin | 9900 | €12,839 | €27,038 | +€14,199 | +111% |
| Operating profit (loss) | 9901 | €3,783 | €11,732 | +€7,950 | +210% |
| Financial charges | 65/66B | €12,899 | €14,358 | +€1,459 | +11.3% |
| Recurring financial charges | 65 | €12,899 | €14,358 | +€1,459 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,116 | -€2,626 | +€6,490 | +71.2% |
| Profit (loss) for the period | 9904 | -€9,116 | -€2,626 | +€6,490 | +71.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,116 | -€2,626 | +€6,490 | +71.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.