AREL 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.
AREL AGRI
Largest movements
- Tangible fixed assets -€25,118
down €25,118 (-24.5%), from €102,375 to €77,257
of which Furniture and vehicles: -€18,738
- Cash +€9,961
up €9,961 (+144%), from €6,914 to €16,875
mainly Investment in fixed assets (net) (+€15,053) and Depreciation (+€10,065)
- Receivables within one year +€6,471
up €6,471 (+23.9%), from €27,027 to €33,498
- Other debts -€9,822
down €9,822 (-5.1%), from €193,379 to €183,557
- Debts after one year -€5,666
down €5,666 (-12.5%), from €45,338 to €39,672
- Current portion of long-term debt +€5,666
new in 2025: €5,666
- Short-term financial debts -€5,666
down €5,666 (-100%), from €5,666 to €0
- Accrued charges and deferred income +€5,546
up €5,546 (+432%), from €1,284 to €6,831
- Purchases and services +€11,668
up €11,668 (+30.6%), from €38,161 to €49,829
- Turnover +€2,991
up €2,991 (+5.7%), from €52,122 to €55,114
- Gross operating margin -€2,308
down €2,308 (-16.5%), from €13,961 to €11,653
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 | €171,101 | €160,742 | -€10,359 | -6.1% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €102,375 | €77,257 | -€25,118 | -24.5% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €102,375 | €77,257 | -€25,118 | -24.5% |
| Land and buildings | 22 | €78,492 | €72,788 | -€5,705 | -7.3% |
| Plant, machinery and equipment | 23 | €3,434 | €2,908 | -€526 | -15.3% |
| Furniture and vehicles | 24 | €18,936 | €198 | -€18,738 | -99.0% |
| Leasing and similar rights | 25 | €1,183 | €1,113 | -€70 | -5.9% |
| Other tangible fixed assets | 26 | €330 | €251 | -€79 | -24.0% |
| Current assets | 29/58 | €68,726 | €83,485 | +€14,759 | +21.5% |
| Stocks and contracts in progress | 3 | €33,962 | €32,482 | -€1,479 | -4.4% |
| Stocks | 30/36 | €33,962 | €32,482 | -€1,479 | -4.4% |
| Amounts receivable within one year | 40/41 | €27,027 | €33,498 | +€6,471 | +23.9% |
| Trade receivables | 40 | €27,027 | €33,498 | +€6,471 | +23.9% |
| Cash at bank and in hand | 54/58 | €6,914 | €16,875 | +€9,961 | +144% |
| Deferred charges and accrued income | 490/1 | €823 | €630 | -€194 | -23.5% |
| Total equity and liabilities | 10/49 | €171,101 | €160,742 | -€10,359 | -6.1% |
| Equity | 10/15 | -€75,046 | -€74,983 | +€63 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,646 | -€93,583 | +€63 | +0.1% |
| Amounts payable | 17/49 | €246,148 | €235,725 | -€10,422 | -4.2% |
| Amounts payable after more than one year | 17 | €45,338 | €39,672 | -€5,666 | -12.5% |
| Financial debts | 170/4 | €45,338 | €39,672 | -€5,666 | -12.5% |
| Amounts payable within one year | 42/48 | €199,525 | €189,223 | -€10,303 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | - | €5,666 | +€5,666 | |
| Financial debts | 43 | €5,666 | €0 | -€5,666 | -100% |
| Credit institutions | 430/8 | €5,666 | €0 | -€5,666 | -100% |
| Trade debts | 44 | €481 | - | -€481 | |
| Suppliers | 440/4 | €481 | - | -€481 | |
| Other amounts payable | 47/48 | €193,379 | €183,557 | -€9,822 | -5.1% |
| Accrued charges and deferred income | 492/3 | €1,284 | €6,831 | +€5,546 | +432% |
| Turnover | 70 | €52,122 | €55,114 | +€2,991 | +5.7% |
| Non-recurring operating income | 76A | - | €6,368 | +€6,368 | |
| Goods, raw materials, services and sundry goods | 60/61 | €38,161 | €49,829 | +€11,668 | +30.6% |
| Remuneration, social security and pensions | 62 | - | €453 | +€453 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,560 | €10,065 | -€494 | -4.7% |
| Other operating charges | 640/8 | €264 | €178 | -€86 | -32.5% |
| Gross operating margin | 9900 | €13,961 | €11,653 | -€2,308 | -16.5% |
| Operating profit (loss) | 9901 | €3,138 | €957 | -€2,180 | -69.5% |
| Financial income | 75/76B | €46 | €115 | +€69 | +148% |
| Recurring financial income | 75 | €46 | €115 | +€69 | +148% |
| Financial charges | 65/66B | €1,035 | €1,009 | -€26 | -2.5% |
| Recurring financial charges | 65 | €1,035 | €1,009 | -€26 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €2,149 | €63 | -€2,086 | -97.1% |
| Profit (loss) for the period | 9904 | €2,149 | €63 | -€2,086 | -97.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,149 | €63 | -€2,086 | -97.1% |
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 30 October 2026 via checked.be.