ALVA 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.
ALVA AGRI
Largest movements
- Tangible fixed assets +€64,744
up €64,744 (+27.1%), from €239,149 to €303,893
of which Plant, machinery and equipment: +€126,020
- Receivables within one year -€21,671
down €21,671 (-8.0%), from €272,098 to €250,427
of which Other amounts receivable: -€26,278
- Cash -€8,335
down €8,335 (-25.0%), from €33,304 to €24,969
mainly Investment in fixed assets (net) (-€170,516) and Trade debts (-€91,737)
- Debts after one year +€93,234
up €93,234 (+112%), from €83,375 to €176,609
- Trade debts -€91,737
down €91,737 (-54.8%), from €167,409 to €75,672
- Other debts +€14,601
up €14,601 (+52.1%), from €28,000 to €42,601
- Current portion of long-term debt +€11,607
up €11,607 (+25.1%), from €46,226 to €57,833
- Gross operating margin +€45,671
up €45,671 (+46.0%), from €99,271 to €144,942
- Depreciation +€9,390
up €9,390 (+9.7%), from €96,382 to €105,772
- Taxes +€3,248
up €3,248 (+1,367%), from €238 to €3,485
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 | €555,239 | €588,193 | +€32,955 | +5.9% |
| Fixed assets | 21/28 | €239,149 | €303,893 | +€64,744 | +27.1% |
| Tangible fixed assets | 22/27 | €239,149 | €303,893 | +€64,744 | +27.1% |
| Land and buildings | 22 | €36,499 | €25,452 | -€11,047 | -30.3% |
| Plant, machinery and equipment | 23 | €73,312 | €199,333 | +€126,020 | +172% |
| Furniture and vehicles | 24 | €15,277 | €3,847 | -€11,429 | -74.8% |
| Leasing and similar rights | 25 | €114,061 | €75,261 | -€38,800 | -34.0% |
| Current assets | 29/58 | €316,090 | €284,300 | -€31,790 | -10.1% |
| Amounts receivable within one year | 40/41 | €272,098 | €250,427 | -€21,671 | -8.0% |
| Trade receivables | 40 | €239,526 | €244,132 | +€4,607 | +1.9% |
| Other amounts receivable | 41 | €32,572 | €6,294 | -€26,278 | -80.7% |
| Cash at bank and in hand | 54/58 | €33,304 | €24,969 | -€8,335 | -25.0% |
| Deferred charges and accrued income | 490/1 | €10,688 | €8,905 | -€1,783 | -16.7% |
| Total equity and liabilities | 10/49 | €555,239 | €588,193 | +€32,955 | +5.9% |
| Equity | 10/15 | €228,319 | €230,925 | +€2,606 | +1.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €215,404 | €217,404 | +€2,000 | +0.9% |
| Tax-exempt reserves | 132 | €4,544 | €4,544 | = | 0.0% |
| Distributable reserves | 133 | €210,860 | €212,860 | +€2,000 | +0.9% |
| Profit (loss) carried forward | 14 | €6,716 | €7,322 | +€606 | +9.0% |
| Amounts payable | 17/49 | €326,920 | €357,268 | +€30,348 | +9.3% |
| Amounts payable after more than one year | 17 | €83,375 | €176,609 | +€93,234 | +112% |
| Financial debts | 170/4 | €83,375 | €176,609 | +€93,234 | +112% |
| Amounts payable within one year | 42/48 | €243,545 | €180,382 | -€63,163 | -25.9% |
| Current portion of amounts payable after more than one year | 42 | €46,226 | €57,833 | +€11,607 | +25.1% |
| Trade debts | 44 | €167,409 | €75,672 | -€91,737 | -54.8% |
| Suppliers | 440/4 | €167,409 | €75,672 | -€91,737 | -54.8% |
| Taxes, remuneration and social security | 45 | €1,910 | €4,275 | +€2,366 | +124% |
| Taxes | 450/3 | €1,910 | €4,275 | +€2,366 | +124% |
| Other amounts payable | 47/48 | €28,000 | €42,601 | +€14,601 | +52.1% |
| Accrued charges and deferred income | 492/3 | - | €277 | +€277 | |
| Remuneration, social security and pensions | 62 | €22 | €0 | -€22 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,382 | €105,772 | +€9,390 | +9.7% |
| Other operating charges | 640/8 | €2,078 | €2,320 | +€242 | +11.6% |
| Non-recurring operating charges | 66A | €0 | €2,963 | +€2,963 | |
| Gross operating margin | 9900 | €99,271 | €144,942 | +€45,671 | +46.0% |
| Operating profit (loss) | 9901 | €789 | €33,887 | +€33,098 | +4,196% |
| Financial income | 75/76B | €20 | €13 | -€7 | -33.7% |
| Recurring financial income | 75 | €20 | €13 | -€7 | -33.7% |
| Financial charges | 65/66B | €10,076 | €9,809 | -€267 | -2.7% |
| Recurring financial charges | 65 | €10,076 | €9,809 | -€267 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,267 | €24,092 | +€33,359 | |
| Income taxes | 67/77 | €238 | €3,485 | +€3,248 | +1,367% |
| Profit (loss) for the period | 9904 | -€9,504 | €20,606 | +€30,111 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,504 | €20,606 | +€30,111 |
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 28 October 2026 via checked.be.