ARNOULD 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.
ARNOULD AGRI
Largest movements
- Receivables within one year -€1.1m
down €1.1m (-54.6%), from €2.0m to €917,329
of which Trade receivables: -€1.2m
- Tangible fixed assets +€223,301
up €223,301 (+45.6%), from €489,278 to €712,579
of which Land and buildings: +€240,117
- Cash -€174,660
down €174,660 (-21.4%), from €815,625 to €640,965
mainly Trade debts (-€1.3m) and Investment in fixed assets (net) (-€298,186)
- Trade debts -€1.3m
down €1.3m (-56.1%), from €2.4m to €1.0m
- Reserves +€278,745
up €278,745 (+10.6%), from €2.6m to €2.9m
of which Distributable reserves: +€278,745
- Other debts -€88,753
down €88,753 (-48.7%), from €182,107 to €93,354
- Investment grants +€69,856
up €69,856 (+2,024%), from €3,452 to €73,308
- Tax, wage and social debts +€58,490
up €58,490 (+34.2%), from €171,105 to €229,595
of which Taxes: +€76,440
- Gross operating margin +€10,683
up €10,683 (+1.2%), from €884,078 to €894,761
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 | €5,438,224 | €4,390,043 | -€1.0m | -19.3% |
| Fixed assets | 21/28 | €491,262 | €712,914 | +€221,652 | +45.1% |
| Intangible fixed assets | 21 | €1,649 | - | -€1,649 | |
| Tangible fixed assets | 22/27 | €489,278 | €712,579 | +€223,301 | +45.6% |
| Land and buildings | 22 | €355,223 | €595,340 | +€240,117 | +67.6% |
| Plant, machinery and equipment | 23 | €34,773 | €26,257 | -€8,516 | -24.5% |
| Furniture and vehicles | 24 | €48,130 | €27,769 | -€20,361 | -42.3% |
| Other tangible fixed assets | 26 | €51,152 | €63,213 | +€12,061 | +23.6% |
| Financial fixed assets | 28 | €335 | €335 | = | 0.0% |
| Current assets | 29/58 | €4,946,962 | €3,677,129 | -€1.3m | -25.7% |
| Stocks and contracts in progress | 3 | €2,098,021 | €2,108,818 | +€10,797 | +0.5% |
| Stocks | 30/36 | €2,098,021 | €2,108,818 | +€10,797 | +0.5% |
| Amounts receivable within one year | 40/41 | €2,022,224 | €917,329 | -€1.1m | -54.6% |
| Trade receivables | 40 | €2,003,517 | €844,218 | -€1.2m | -57.9% |
| Other amounts receivable | 41 | €18,707 | €73,111 | +€54,404 | +291% |
| Cash at bank and in hand | 54/58 | €815,625 | €640,965 | -€174,660 | -21.4% |
| Deferred charges and accrued income | 490/1 | €11,092 | €10,017 | -€1,075 | -9.7% |
| Total equity and liabilities | 10/49 | €5,438,224 | €4,390,043 | -€1.0m | -19.3% |
| Equity | 10/15 | €2,674,320 | €3,022,921 | +€348,601 | +13.0% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €2,621,289 | €2,900,034 | +€278,745 | +10.6% |
| Tax-exempt reserves | 132 | €117,163 | €117,163 | = | 0.0% |
| Distributable reserves | 133 | €2,504,126 | €2,782,871 | +€278,745 | +11.1% |
| Investment grants | 15 | €3,452 | €73,308 | +€69,856 | +2,024% |
| Amounts payable | 17/49 | €2,763,904 | €1,367,122 | -€1.4m | -50.5% |
| Amounts payable within one year | 42/48 | €2,763,897 | €1,367,122 | -€1.4m | -50.5% |
| Trade debts | 44 | €2,380,685 | €1,044,173 | -€1.3m | -56.1% |
| Suppliers | 440/4 | €2,380,685 | €1,044,173 | -€1.3m | -56.1% |
| Advances received on contracts in progress | 46 | €30,000 | - | -€30,000 | |
| Taxes, remuneration and social security | 45 | €171,105 | €229,595 | +€58,490 | +34.2% |
| Taxes | 450/3 | €131,291 | €207,731 | +€76,440 | +58.2% |
| Remuneration and social security | 454/9 | €39,814 | €21,864 | -€17,950 | -45.1% |
| Other amounts payable | 47/48 | €182,107 | €93,354 | -€88,753 | -48.7% |
| Accrued charges and deferred income | 492/3 | €7 | - | -€7 | |
| Non-recurring operating income | 76A | €1,878 | €826 | -€1,052 | -56.0% |
| Remuneration, social security and pensions | 62 | €296,481 | €299,839 | +€3,358 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,074 | €76,534 | +€1,460 | +1.9% |
| Other operating charges | 640/8 | €12,302 | €13,367 | +€1,065 | +8.7% |
| Gross operating margin | 9900 | €884,078 | €894,761 | +€10,683 | +1.2% |
| Operating profit (loss) | 9901 | €500,221 | €505,021 | +€4,800 | +1.0% |
| Financial income | 75/76B | €22,816 | €22,122 | -€694 | -3.0% |
| Recurring financial income | 75 | €9,129 | €9,754 | +€625 | +6.8% |
| Non-recurring financial income | 76B | €13,687 | €12,368 | -€1,319 | -9.6% |
| Financial charges | 65/66B | €2,654 | €1,421 | -€1,233 | -46.5% |
| Recurring financial charges | 65 | €2,654 | €821 | -€1,833 | -69.1% |
| Non-recurring financial charges | 66B | - | €600 | +€600 | |
| Profit (loss) for the period before taxes | 9903 | €520,383 | €525,722 | +€5,339 | +1.0% |
| Income taxes | 67/77 | €165,709 | €161,943 | -€3,766 | -2.3% |
| Profit (loss) for the period | 9904 | €354,674 | €363,779 | +€9,105 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €354,674 | €363,779 | +€9,105 | +2.6% |
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 26 October 2026 via checked.be.