BONTAGRI: 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
BONTAGRI
NACE 01.610, Support activities for crop production
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€105,840
2024 · €47,965+€57,876
Equity
€592,644
2024 · €486,803+€105,840
Cash
€54,567
2024 · €12,839+€41,728
Balance sheet total
€2.4m
2024 · €2.1m+€327,732
Largest movements
Assets
- Tangible fixed assets +€191,312
up €191,312 (+15.8%), from €1.2m to €1.4m
of which Plant, machinery and equipment: +€324,789
- Receivables within one year +€106,857
up €106,857 (+27.8%), from €384,212 to €491,069
of which Trade receivables: +€106,844
- Cash +€41,728
up €41,728 (+325%), from €12,839 to €54,567
mainly Depreciation (+€267,072) and Debts after one year (+€257,549)
Equity and liabilities
- Debts after one year +€257,549
up €257,549 (+115%), from €223,284 to €480,833
- Reserves +€105,840
up €105,840 (+24.2%), from €436,803 to €542,644
of which Tax-exempt reserves: +€69,390
- Short-term financial debts -€100,000
down €100,000 (-50.0%), from €200,000 to €100,000
- Current portion of long-term debt +€31,193
up €31,193 (+34.2%), from €91,258 to €122,451
Income statement
- Gross operating margin +€93,290
up €93,290 (+26.0%), from €358,283 to €451,573
- Depreciation +€24,296
up €24,296 (+10.0%), from €242,776 to €267,072
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
€47,965
Gross operating margin
+€93,290
Staff costs
+€1,515
Depreciation
-€24,296
Other operating charges
-€60
Financial income
-€376
Financial charges
-€2,359
Taxes
+€3,755
Deferred taxes and other
-€13,595
Result 2025
€105,840
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
+€311,062
Investment
-€458,076
Financing
+€188,742
Cash 2024
€12,839
From operations (derived)
+€311,062
Net result for the year
+€105,840
Depreciation
+€267,072
Stocks and contracts
+€12,402
Receivables within one year
-€106,857
Deferred charges and accrued income
-€546
Provisions
+€23,130
Trade debts
+€12,331
Tax, wage and social debts
-€10,617
Other debts
+€21,118
Accrued charges and deferred income
-€12,812
Investment (derived)
-€458,076
Investment in fixed assets (net)
-€458,076
Financing
+€188,742
Debts after one year
+€257,549
Current portion of long-term debt
+€31,193
Short-term financial debts
-€100,000
Cash 2025
€54,567
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,054,894 | €2,382,626 | +€327,732 | +15.9% |
| Fixed assets | 21/28 | €1,211,255 | €1,402,259 | +€191,003 | +15.8% |
| Intangible fixed assets | 21 | €350 | €0 | -€350 | -100% |
| Tangible fixed assets | 22/27 | €1,210,499 | €1,401,811 | +€191,312 | +15.8% |
| Land and buildings | 22 | €719,060 | €648,152 | -€70,907 | -9.9% |
| Plant, machinery and equipment | 23 | €294,144 | €618,933 | +€324,789 | +110% |
| Furniture and vehicles | 24 | €197,296 | €134,726 | -€62,570 | -31.7% |
| Financial fixed assets | 28 | €406 | €448 | +€42 | +10.3% |
| Current assets | 29/58 | €843,639 | €980,368 | +€136,729 | +16.2% |
| Stocks and contracts in progress | 3 | €444,200 | €431,798 | -€12,402 | -2.8% |
| Stocks | 30/36 | €444,200 | €431,798 | -€12,402 | -2.8% |
| Amounts receivable within one year | 40/41 | €384,212 | €491,069 | +€106,857 | +27.8% |
| Trade receivables | 40 | €383,737 | €490,581 | +€106,844 | +27.8% |
| Other amounts receivable | 41 | €475 | €488 | +€13 | +2.7% |
| Cash at bank and in hand | 54/58 | €12,839 | €54,567 | +€41,728 | +325% |
| Deferred charges and accrued income | 490/1 | €2,388 | €2,934 | +€546 | +22.8% |
| Total equity and liabilities | 10/49 | €2,054,894 | €2,382,626 | +€327,732 | +15.9% |
| Equity | 10/15 | €486,803 | €592,644 | +€105,840 | +21.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €436,803 | €542,644 | +€105,840 | +24.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €28,606 | €97,996 | +€69,390 | +243% |
| Distributable reserves | 133 | €408,198 | €444,648 | +€36,450 | +8.9% |
| Provisions and deferred taxes | 16 | €9,535 | €32,665 | +€23,130 | +243% |
| Deferred taxes | 168 | €9,535 | €32,665 | +€23,130 | +243% |
| Amounts payable | 17/49 | €1,558,556 | €1,757,317 | +€198,762 | +12.8% |
| Amounts payable after more than one year | 17 | €223,284 | €480,833 | +€257,549 | +115% |
| Financial debts | 170/4 | €223,284 | €480,833 | +€257,549 | +115% |
| Amounts payable within one year | 42/48 | €1,322,459 | €1,276,484 | -€45,975 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €91,258 | €122,451 | +€31,193 | +34.2% |
| Financial debts | 43 | €200,000 | €100,000 | -€100,000 | -50.0% |
| Other loans | 439 | €200,000 | €100,000 | -€100,000 | -50.0% |
| Trade debts | 44 | €737,391 | €749,722 | +€12,331 | +1.7% |
| Suppliers | 440/4 | €737,391 | €749,722 | +€12,331 | +1.7% |
| Taxes, remuneration and social security | 45 | €19,097 | €8,480 | -€10,617 | -55.6% |
| Taxes | 450/3 | €16,409 | €5,961 | -€10,448 | -63.7% |
| Remuneration and social security | 454/9 | €2,688 | €2,520 | -€168 | -6.3% |
| Other amounts payable | 47/48 | €274,713 | €295,831 | +€21,118 | +7.7% |
| Accrued charges and deferred income | 492/3 | €12,812 | €0 | -€12,812 | -100% |
| Non-recurring operating income | 76A | €45,000 | €111,820 | +€66,820 | +148% |
| Remuneration, social security and pensions | 62 | €34,714 | €33,199 | -€1,515 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €242,776 | €267,072 | +€24,296 | +10.0% |
| Other operating charges | 640/8 | €7,298 | €7,358 | +€60 | +0.8% |
| Gross operating margin | 9900 | €358,283 | €451,573 | +€93,290 | +26.0% |
| Operating profit (loss) | 9901 | €73,495 | €143,944 | +€70,449 | +95.9% |
| Financial income | 75/76B | €477 | €101 | -€376 | -78.8% |
| Recurring financial income | 75 | €477 | €101 | -€376 | -78.8% |
| Financial charges | 65/66B | €12,716 | €15,075 | +€2,359 | +18.5% |
| Recurring financial charges | 65 | €12,716 | €15,075 | +€2,359 | +18.5% |
| Profit (loss) for the period before taxes | 9903 | €61,255 | €128,970 | +€67,715 | +111% |
| Transfer from deferred taxes | 780 | €1,715 | €4,825 | +€3,110 | +181% |
| Transfer to deferred taxes | 680 | €11,250 | €27,955 | +€16,705 | +148% |
| Income taxes | 67/77 | €3,755 | €0 | -€3,755 | -100% |
| Profit (loss) for the period | 9904 | €47,965 | €105,840 | +€57,876 | +121% |
| Transfer from tax-exempt reserves | 789 | €5,144 | €14,475 | +€9,331 | +181% |
| Transfer to tax-exempt reserves | 689 | €33,750 | €83,865 | +€50,115 | +148% |
| Profit (loss) for the period to be appropriated | 9905 | €19,359 | €36,450 | +€17,091 | +88.3% |
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 18 October 2026 via checked.be.