BIAGRAL: 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.
What changed
BIAGRAL
NACE 46.216, Wholesale of agricultural produce and animal feed, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€2,267
2024 · €39,350-€41,617
Equity
€206,898
2024 · €209,165-€2,267
Cash
€55,593
2024 · €63,349-€7,756
Balance sheet total
€233,988
2024 · €230,042+€3,946
Largest movements
Assets
- Stocks and contracts +€9,556
up €9,556 (+27.6%), from €34,604 to €44,160
- Cash -€7,756
down €7,756 (-12.2%), from €63,349 to €55,593
mainly Stocks and contracts (-€9,556) and Investment in fixed assets (net) (-€3,606)
Equity and liabilities
- Trade debts +€9,069
up €9,069 (+63.9%), from €14,190 to €23,259
Income statement
- Gross operating margin -€47,945
down €47,945 (-60.7%), from €78,991 to €31,046
- Staff costs -€5,504
down €5,504 (-15.7%), from €35,116 to €29,612
- Taxes -€1,964
no longer reported in 2025 (was €1,964)
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.
Result 2024
€39,350
Gross operating margin
-€47,945
Staff costs
+€5,504
Depreciation
-€124
Other operating charges
+€4
Other operating items
-€283
Financial income
-€751
Financial charges
+€13
Taxes
+€1,964
Result 2025
-€2,267
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€4,150
Investment
-€3,606
Financing
€0
Cash 2024
€63,349
From operations (derived)
-€4,150
Net result for the year
-€2,267
Depreciation
+€2,467
Stocks and contracts
-€9,556
Receivables within one year
-€601
Deferred charges and accrued income
-€405
Trade debts
+€9,069
Tax, wage and social debts
-€558
Accrued charges and deferred income
-€2,298
Investment (derived)
-€3,606
Investment in fixed assets (net)
-€3,606
Cash 2025
€55,593
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €230,042 | €233,988 | +€3,946 | +1.7% |
| Fixed assets | 21/28 | €7,056 | €8,195 | +€1,139 | +16.1% |
| Tangible fixed assets | 22/27 | €7,056 | €8,195 | +€1,139 | +16.1% |
| Land and buildings | 22 | €827 | - | -€827 | |
| Plant, machinery and equipment | 23 | €5,863 | €8,195 | +€2,333 | +39.8% |
| Furniture and vehicles | 24 | €367 | - | -€367 | |
| Current assets | 29/58 | €222,986 | €225,793 | +€2,806 | +1.3% |
| Stocks and contracts in progress | 3 | €34,604 | €44,160 | +€9,556 | +27.6% |
| Stocks | 30/36 | €34,604 | €44,160 | +€9,556 | +27.6% |
| Amounts receivable within one year | 40/41 | €113,952 | €114,553 | +€601 | +0.5% |
| Trade receivables | 40 | €20,955 | €1,090 | -€19,865 | -94.8% |
| Other amounts receivable | 41 | €92,997 | €113,463 | +€20,466 | +22.0% |
| Current investments | 50/53 | €8,683 | €8,683 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €63,349 | €55,593 | -€7,756 | -12.2% |
| Deferred charges and accrued income | 490/1 | €2,398 | €2,803 | +€405 | +16.9% |
| Total equity and liabilities | 10/49 | €230,042 | €233,988 | +€3,946 | +1.7% |
| Equity | 10/15 | €209,165 | €206,898 | -€2,267 | -1.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €28,631 | €28,631 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,368 | €9,368 | = | 0.0% |
| Own shares acquired | 1312 | €9,368 | €9,368 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,395 | €17,395 | = | 0.0% |
| Distributable reserves | 133 | €1,868 | €1,868 | = | 0.0% |
| Profit (loss) carried forward | 14 | €161,942 | €159,675 | -€2,267 | -1.4% |
| Amounts payable | 17/49 | €20,877 | €27,090 | +€6,213 | +29.8% |
| Amounts payable within one year | 42/48 | €18,522 | €27,033 | +€8,511 | +46.0% |
| Trade debts | 44 | €14,190 | €23,259 | +€9,069 | +63.9% |
| Suppliers | 440/4 | €14,190 | €23,259 | +€9,069 | +63.9% |
| Taxes, remuneration and social security | 45 | €4,332 | €3,775 | -€558 | -12.9% |
| Taxes | 450/3 | €291 | €10 | -€281 | -96.6% |
| Remuneration and social security | 454/9 | €4,042 | €3,765 | -€277 | -6.9% |
| Accrued charges and deferred income | 492/3 | €2,355 | €57 | -€2,298 | -97.6% |
| Non-recurring operating income | 76A | €6,393 | - | -€6,393 | |
| Remuneration, social security and pensions | 62 | €35,116 | €29,612 | -€5,504 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,344 | €2,467 | +€124 | +5.3% |
| Other operating charges | 640/8 | €3,161 | €3,157 | -€4 | -0.1% |
| Non-recurring operating charges | 66A | - | €283 | +€283 | |
| Gross operating margin | 9900 | €78,991 | €31,046 | -€47,945 | -60.7% |
| Operating profit (loss) | 9901 | €38,370 | -€4,473 | -€42,844 | |
| Financial income | 75/76B | €3,357 | €2,607 | -€751 | -22.4% |
| Recurring financial income | 75 | €3,357 | €2,607 | -€751 | -22.4% |
| Financial charges | 65/66B | €414 | €401 | -€13 | -3.1% |
| Recurring financial charges | 65 | €414 | €401 | -€13 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €41,314 | -€2,267 | -€43,581 | |
| Income taxes | 67/77 | €1,964 | - | -€1,964 | |
| Profit (loss) for the period | 9904 | €39,350 | -€2,267 | -€41,617 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,350 | -€2,267 | -€41,617 |
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 14 October 2026 via checked.be.