BAERT 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.
BAERT AGRI
Largest movements
- Stocks and contracts -€118,162
down €118,162 (-34.7%), from €340,448 to €222,286
- Receivables within one year -€39,094
down €39,094 (-39.4%), from €99,230 to €60,136
of which Trade receivables: -€42,157
- Cash +€4,891
up €4,891 (+109%), from €4,483 to €9,374
mainly Stocks and contracts (+€118,162) and Advances received (+€56,406)
- Trade debts -€160,780
down €160,780 (-46.1%), from €348,670 to €187,891
- Profit (loss) carried forward -€67,264
down €67,264 (-34.4%), from -€195,767 to -€263,030
- Advances received +€56,406
new in 2026: €56,406
- Other debts +€18,974
up €18,974 (+8.5%), from €222,478 to €241,452
- Gross operating margin -€102,871
down €102,871, from €53,089 to -€49,782
- Other operating charges +€8,276
up €8,276 (+371%), from €2,233 to €10,509
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €452,188 | €299,943 | -€152,245 | -33.7% |
| Fixed assets | 21/28 | €5,250 | €5,250 | = | 0.0% |
| Financial fixed assets | 28 | €5,250 | €5,250 | = | 0.0% |
| Current assets | 29/58 | €446,938 | €294,693 | -€152,245 | -34.1% |
| Stocks and contracts in progress | 3 | €340,448 | €222,286 | -€118,162 | -34.7% |
| Stocks | 30/36 | €340,448 | €222,286 | -€118,162 | -34.7% |
| Amounts receivable within one year | 40/41 | €99,230 | €60,136 | -€39,094 | -39.4% |
| Trade receivables | 40 | €95,553 | €53,396 | -€42,157 | -44.1% |
| Other amounts receivable | 41 | €3,677 | €6,740 | +€3,063 | +83.3% |
| Cash at bank and in hand | 54/58 | €4,483 | €9,374 | +€4,891 | +109% |
| Deferred charges and accrued income | 490/1 | €2,777 | €2,897 | +€120 | +4.3% |
| Total equity and liabilities | 10/49 | €452,188 | €299,943 | -€152,245 | -33.7% |
| Equity | 10/15 | -€124,264 | -€191,528 | -€67,264 | -54.1% |
| Contributions | 10/11 | €19,831 | €19,831 | = | 0.0% |
| Reserves | 13 | €51,671 | €51,671 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,983 | €1,983 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,983 | €1,983 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,496 | €7,496 | = | 0.0% |
| Distributable reserves | 133 | €42,192 | €42,192 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€195,767 | -€263,030 | -€67,264 | -34.4% |
| Amounts payable | 17/49 | €576,452 | €491,471 | -€84,981 | -14.7% |
| Amounts payable within one year | 42/48 | €573,952 | €488,182 | -€85,771 | -14.9% |
| Trade debts | 44 | €348,670 | €187,891 | -€160,780 | -46.1% |
| Suppliers | 440/4 | €348,670 | €187,891 | -€160,780 | -46.1% |
| Advances received on contracts in progress | 46 | - | €56,406 | +€56,406 | |
| Taxes, remuneration and social security | 45 | €2,804 | €2,433 | -€371 | -13.2% |
| Taxes | 450/3 | €422 | €0 | -€422 | -100% |
| Remuneration and social security | 454/9 | €2,382 | €2,433 | +€51 | +2.2% |
| Other amounts payable | 47/48 | €222,478 | €241,452 | +€18,974 | +8.5% |
| Accrued charges and deferred income | 492/3 | €2,500 | €3,289 | +€789 | +31.6% |
| Other operating charges | 640/8 | €2,233 | €10,509 | +€8,276 | +371% |
| Gross operating margin | 9900 | €53,089 | -€49,782 | -€102,871 | |
| Operating profit (loss) | 9901 | €50,856 | -€60,292 | -€111,148 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €6,532 | €6,972 | +€440 | +6.7% |
| Recurring financial charges | 65 | €6,532 | €6,972 | +€440 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €44,324 | -€67,264 | -€111,588 | |
| Profit (loss) for the period | 9904 | €44,324 | -€67,264 | -€111,588 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,324 | -€67,264 | -€111,588 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.