BAERT AGROTRANS: 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 AGROTRANS
Largest movements
- Tangible fixed assets -€179,232
down €179,232 (-39.0%), from €459,884 to €280,652
of which Leasing and similar rights: -€146,638
- Stocks and contracts +€28,256
up €28,256, from €0 to €28,256
- Receivables within one year -€28,103
down €28,103 (-7.4%), from €380,353 to €352,250
of which Trade receivables: -€15,322
- Deferred charges and accrued income -€20,048
down €20,048 (-69.5%), from €28,826 to €8,778
- Cash -€19,898
down €19,898 (-85.6%), from €23,256 to €3,358
mainly Debts after one year (-€97,025) and Current portion of long-term debt (-€83,075)
- Debts after one year -€97,025
down €97,025 (-39.6%), from €244,942 to €147,917
- Current portion of long-term debt -€83,075
down €83,075 (-46.1%), from €180,101 to €97,025
- Short-term financial debts -€36,900
down €36,900 (-100%), from €36,900 to €0
- Trade debts -€31,354
down €31,354 (-14.8%), from €211,339 to €179,985
- Profit (loss) carried forward +€23,499
up €23,499 (+15.9%), from €147,884 to €171,383
- Gross operating margin -€96,724
down €96,724 (-11.1%), from €868,056 to €771,332
- Staff costs -€45,610
down €45,610 (-8.9%), from €511,117 to €465,507
- Depreciation -€35,273
down €35,273 (-16.4%), from €214,506 to €179,232
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 | €892,319 | €673,294 | -€219,025 | -24.5% |
| Fixed assets | 21/28 | €459,884 | €280,652 | -€179,232 | -39.0% |
| Tangible fixed assets | 22/27 | €459,884 | €280,652 | -€179,232 | -39.0% |
| Plant, machinery and equipment | 23 | €948 | €0 | -€948 | -100% |
| Furniture and vehicles | 24 | €78,043 | €46,397 | -€31,646 | -40.5% |
| Leasing and similar rights | 25 | €380,893 | €234,255 | -€146,638 | -38.5% |
| Current assets | 29/58 | €432,435 | €392,642 | -€39,793 | -9.2% |
| Stocks and contracts in progress | 3 | €0 | €28,256 | +€28,256 | |
| Stocks | 30/36 | €0 | €28,256 | +€28,256 | |
| Amounts receivable within one year | 40/41 | €380,353 | €352,250 | -€28,103 | -7.4% |
| Trade receivables | 40 | €362,570 | €347,248 | -€15,322 | -4.2% |
| Other amounts receivable | 41 | €17,783 | €5,002 | -€12,781 | -71.9% |
| Cash at bank and in hand | 54/58 | €23,256 | €3,358 | -€19,898 | -85.6% |
| Deferred charges and accrued income | 490/1 | €28,826 | €8,778 | -€20,048 | -69.5% |
| Total equity and liabilities | 10/49 | €892,319 | €673,294 | -€219,025 | -24.5% |
| Equity | 10/15 | €168,344 | €191,843 | +€23,499 | +14.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €147,884 | €171,383 | +€23,499 | +15.9% |
| Amounts payable | 17/49 | €723,975 | €481,451 | -€242,524 | -33.5% |
| Amounts payable after more than one year | 17 | €244,942 | €147,917 | -€97,025 | -39.6% |
| Financial debts | 170/4 | €244,942 | €147,917 | -€97,025 | -39.6% |
| Amounts payable within one year | 42/48 | €478,906 | €333,534 | -€145,372 | -30.4% |
| Current portion of amounts payable after more than one year | 42 | €180,101 | €97,025 | -€83,075 | -46.1% |
| Financial debts | 43 | €36,900 | €0 | -€36,900 | -100% |
| Credit institutions | 430/8 | €36,900 | €0 | -€36,900 | -100% |
| Trade debts | 44 | €211,339 | €179,985 | -€31,354 | -14.8% |
| Suppliers | 440/4 | €211,339 | €179,985 | -€31,354 | -14.8% |
| Taxes, remuneration and social security | 45 | €49,413 | €55,337 | +€5,923 | +12.0% |
| Taxes | 450/3 | €15,055 | €18,201 | +€3,146 | +20.9% |
| Remuneration and social security | 454/9 | €34,358 | €37,135 | +€2,777 | +8.1% |
| Other amounts payable | 47/48 | €1,153 | €1,188 | +€35 | +3.0% |
| Accrued charges and deferred income | 492/3 | €127 | €0 | -€127 | -100% |
| Remuneration, social security and pensions | 62 | €511,117 | €465,507 | -€45,610 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €214,506 | €179,232 | -€35,273 | -16.4% |
| Other operating charges | 640/8 | €80,694 | €79,944 | -€751 | -0.9% |
| Gross operating margin | 9900 | €868,056 | €771,332 | -€96,724 | -11.1% |
| Operating profit (loss) | 9901 | €61,739 | €46,649 | -€15,090 | -24.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €14,271 | €15,153 | +€882 | +6.2% |
| Recurring financial charges | 65 | €14,271 | €15,153 | +€882 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €47,468 | €31,497 | -€15,971 | -33.6% |
| Income taxes | 67/77 | €12,335 | €7,998 | -€4,337 | -35.2% |
| Profit (loss) for the period | 9904 | €35,133 | €23,499 | -€11,634 | -33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,133 | €23,499 | -€11,634 | -33.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.