BOVY 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.
BOVY AGRI
Largest movements
- Tangible fixed assets -€37,252
down €37,252 (-14.7%), from €252,923 to €215,671
of which Leasing and similar rights: -€28,907
- Cash +€24,667
up €24,667 (+68.8%), from €35,834 to €60,501
mainly Depreciation (+€45,252) and Net result for the year (+€31,869)
- Debts after one year -€36,713
down €36,713 (-20.0%), from €183,161 to €146,448
- Reserves +€31,869
up €31,869 (+22.0%), from €144,689 to €176,558
- Tax, wage and social debts -€11,275
down €11,275 (-84.3%), from €13,380 to €2,106
- Trade debts +€5,440
up €5,440 (+61.7%), from €8,814 to €14,254
- Gross operating margin +€7,469
up €7,469 (+7.9%), from €94,958 to €102,427
- Depreciation +€5,477
up €5,477 (+13.8%), from €39,774 to €45,252
- Taxes +€3,427
up €3,427 (+30.7%), from €11,178 to €14,606
- Financial charges +€2,681
up €2,681 (+33.7%), from €7,958 to €10,639
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 | €417,646 | €408,818 | -€8,828 | -2.1% |
| Fixed assets | 21/28 | €252,923 | €215,671 | -€37,252 | -14.7% |
| Tangible fixed assets | 22/27 | €252,923 | €215,671 | -€37,252 | -14.7% |
| Plant, machinery and equipment | 23 | €66,809 | €58,464 | -€8,344 | -12.5% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €186,114 | €157,207 | -€28,907 | -15.5% |
| Current assets | 29/58 | €164,723 | €193,146 | +€28,424 | +17.3% |
| Stocks and contracts in progress | 3 | €2,580 | €2,870 | +€290 | +11.2% |
| Stocks | 30/36 | €2,580 | €2,870 | +€290 | +11.2% |
| Amounts receivable within one year | 40/41 | €123,947 | €124,648 | +€701 | +0.6% |
| Trade receivables | 40 | €114,107 | €119,136 | +€5,029 | +4.4% |
| Other amounts receivable | 41 | €9,840 | €5,512 | -€4,328 | -44.0% |
| Cash at bank and in hand | 54/58 | €35,834 | €60,501 | +€24,667 | +68.8% |
| Deferred charges and accrued income | 490/1 | €2,361 | €5,126 | +€2,766 | +117% |
| Total equity and liabilities | 10/49 | €417,646 | €408,818 | -€8,828 | -2.1% |
| Equity | 10/15 | €169,689 | €201,558 | +€31,869 | +18.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €144,689 | €176,558 | +€31,869 | +22.0% |
| Distributable reserves | 133 | €144,689 | €176,558 | +€31,869 | +22.0% |
| Amounts payable | 17/49 | €247,957 | €207,260 | -€40,697 | -16.4% |
| Amounts payable after more than one year | 17 | €183,161 | €146,448 | -€36,713 | -20.0% |
| Financial debts | 170/4 | €183,161 | €146,448 | -€36,713 | -20.0% |
| Amounts payable within one year | 42/48 | €64,796 | €60,812 | -€3,984 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €34,987 | €36,713 | +€1,727 | +4.9% |
| Trade debts | 44 | €8,814 | €14,254 | +€5,440 | +61.7% |
| Suppliers | 440/4 | €8,814 | €14,254 | +€5,440 | +61.7% |
| Taxes, remuneration and social security | 45 | €13,380 | €2,106 | -€11,275 | -84.3% |
| Taxes | 450/3 | €13,380 | €2,106 | -€11,275 | -84.3% |
| Other amounts payable | 47/48 | €7,615 | €7,740 | +€124 | +1.6% |
| Non-recurring operating income | 76A | - | €22,139 | +€22,139 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,774 | €45,252 | +€5,477 | +13.8% |
| Other operating charges | 640/8 | €532 | €62 | -€470 | -88.3% |
| Gross operating margin | 9900 | €94,958 | €102,427 | +€7,469 | +7.9% |
| Operating profit (loss) | 9901 | €54,652 | €57,113 | +€2,461 | +4.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €7,958 | €10,639 | +€2,681 | +33.7% |
| Recurring financial charges | 65 | €7,958 | €10,639 | +€2,681 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | €46,694 | €46,475 | -€220 | -0.5% |
| Income taxes | 67/77 | €11,178 | €14,606 | +€3,427 | +30.7% |
| Profit (loss) for the period | 9904 | €35,516 | €31,869 | -€3,647 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,516 | €31,869 | -€3,647 | -10.3% |
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 20 October 2026 via checked.be.