BIO - AGRO: 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.
BIO - AGRO
Largest movements
- Stocks and contracts -€759,928
down €759,928 (-100%), from €759,928 to €0
- Receivables within one year +€564,570
up €564,570 (+350%), from €161,086 to €725,656
of which Trade receivables: +€559,568
- Tangible fixed assets +€307,079
up €307,079 (+9.7%), from €3.2m to €3.5m
of which Assets under construction and advance payments: +€727,787
- Cash -€60,820
down €60,820 (-22.6%), from €269,224 to €208,404
mainly Investment in fixed assets (net) (-€634,954) and Receivables within one year (-€564,570)
- Other debts +€335,671
up €335,671 (+230%), from €146,034 to €481,706
- Profit (loss) carried forward -€275,889
down €275,889, from €0 to -€275,889
- Trade debts -€153,323
down €153,323 (-59.5%), from €257,617 to €104,294
- Debts after one year +€112,517
up €112,517 (+4.2%), from €2.7m to €2.8m
- Gross operating margin -€741,490
down €741,490 (-76.2%), from €972,876 to €231,386
- Financial charges -€30,630
down €30,630 (-24.7%), from €123,825 to €93,195
- Other operating charges +€9,902
up €9,902 (+74.8%), from €13,235 to €23,137
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 | €4,495,153 | €4,513,819 | +€18,666 | +0.4% |
| Fixed assets | 21/28 | €3,301,024 | €3,578,103 | +€277,079 | +8.4% |
| Intangible fixed assets | 21 | €122,352 | €92,352 | -€30,000 | -24.5% |
| Tangible fixed assets | 22/27 | €3,178,448 | €3,485,527 | +€307,079 | +9.7% |
| Land and buildings | 22 | €2,931,189 | €2,526,756 | -€404,433 | -13.8% |
| Plant, machinery and equipment | 23 | €182,276 | €180,984 | -€1,292 | -0.7% |
| Furniture and vehicles | 24 | €2,483 | €0 | -€2,483 | -100% |
| Leasing and similar rights | 25 | €62,500 | €50,000 | -€12,500 | -20.0% |
| Assets under construction and advance payments | 27 | - | €727,787 | +€727,787 | |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €1,194,129 | €935,715 | -€258,414 | -21.6% |
| Stocks and contracts in progress | 3 | €759,928 | €0 | -€759,928 | -100% |
| Stocks | 30/36 | €759,928 | €0 | -€759,928 | -100% |
| Amounts receivable within one year | 40/41 | €161,086 | €725,656 | +€564,570 | +350% |
| Trade receivables | 40 | €152,146 | €711,714 | +€559,568 | +368% |
| Other amounts receivable | 41 | €8,940 | €13,941 | +€5,001 | +55.9% |
| Cash at bank and in hand | 54/58 | €269,224 | €208,404 | -€60,820 | -22.6% |
| Deferred charges and accrued income | 490/1 | €3,891 | €1,655 | -€2,235 | -57.5% |
| Total equity and liabilities | 10/49 | €4,495,153 | €4,513,819 | +€18,666 | +0.4% |
| Equity | 10/15 | €1,077,702 | €794,804 | -€282,898 | -26.3% |
| Contributions | 10/11 | €277,552 | €277,552 | = | 0.0% |
| Reserves | 13 | €800,150 | €793,141 | -€7,008 | -0.9% |
| Tax-exempt reserves | 132 | €42,050 | €35,042 | -€7,008 | -16.7% |
| Distributable reserves | 133 | €758,099 | €758,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€275,889 | -€275,889 | |
| Provisions and deferred taxes | 16 | €14,017 | €11,681 | -€2,336 | -16.7% |
| Deferred taxes | 168 | €14,017 | €11,681 | -€2,336 | -16.7% |
| Amounts payable | 17/49 | €3,403,434 | €3,707,334 | +€303,899 | +8.9% |
| Amounts payable after more than one year | 17 | €2,674,192 | €2,786,709 | +€112,517 | +4.2% |
| Financial debts | 170/4 | €2,674,192 | €2,786,709 | +€112,517 | +4.2% |
| Amounts payable within one year | 42/48 | €718,383 | €920,625 | +€202,242 | +28.2% |
| Current portion of amounts payable after more than one year | 42 | €293,301 | €328,064 | +€34,764 | +11.9% |
| Trade debts | 44 | €257,617 | €104,294 | -€153,323 | -59.5% |
| Suppliers | 440/4 | €257,617 | €104,294 | -€153,323 | -59.5% |
| Taxes, remuneration and social security | 45 | €21,432 | €6,561 | -€14,870 | -69.4% |
| Taxes | 450/3 | €20,222 | €4,768 | -€15,454 | -76.4% |
| Remuneration and social security | 454/9 | €1,210 | €1,794 | +€583 | +48.2% |
| Other amounts payable | 47/48 | €146,034 | €481,706 | +€335,671 | +230% |
| Accrued charges and deferred income | 492/3 | €10,860 | €0 | -€10,860 | -100% |
| Remuneration, social security and pensions | 62 | €38,599 | €38,728 | +€129 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €362,072 | €357,875 | -€4,197 | -1.2% |
| Other operating charges | 640/8 | €13,235 | €23,137 | +€9,902 | +74.8% |
| Gross operating margin | 9900 | €972,876 | €231,386 | -€741,490 | -76.2% |
| Operating profit (loss) | 9901 | €558,970 | -€188,353 | -€747,323 | |
| Financial income | 75/76B | €1,398 | €3,745 | +€2,347 | +168% |
| Recurring financial income | 75 | €763 | €3,745 | +€2,982 | +391% |
| Non-recurring financial income | 76B | €635 | €0 | -€635 | -100% |
| Financial charges | 65/66B | €123,825 | €93,195 | -€30,630 | -24.7% |
| Recurring financial charges | 65 | €123,825 | €93,195 | -€30,630 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €436,543 | -€277,804 | -€714,347 | |
| Transfer from deferred taxes | 780 | €2,336 | €2,336 | = | 0.0% |
| Income taxes | 67/77 | €2,472 | €7,430 | +€4,958 | +201% |
| Profit (loss) for the period | 9904 | €436,408 | -€282,898 | -€719,305 | |
| Transfer from tax-exempt reserves | 789 | €7,008 | €7,008 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €443,416 | -€275,889 | -€719,305 |
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 17 October 2026 via checked.be.