CEDAGRI: 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.
CEDAGRI
Largest movements
- Cash -€19,041
down €19,041 (-63.0%), from €30,246 to €11,204
mainly Stocks and contracts (-€11,329) and Other debts (-€5,815)
- Stocks and contracts +€11,329
up €11,329 (+80.9%), from €14,011 to €25,340
- Intangible fixed assets -€4,600
down €4,600 (-31.6%), from €14,567 to €9,967
- Tangible fixed assets +€2,279
up €2,279 (+50.3%), from €4,526 to €6,804
of which Furniture and vehicles: +€2,330
- Receivables within one year -€796
down €796 (-17.3%), from €4,596 to €3,800
of which Trade receivables: -€578
- Other debts -€5,815
down €5,815 (-7.1%), from €82,385 to €76,571
- Profit (loss) carried forward -€4,942
down €4,942 (-14.7%), from -€33,519 to -€38,460
- Financial income -€11,046
down €11,046 (-100.0%), from €11,046 to €0
of which Non-recurring financial income: -€11,046
- Gross operating margin +€3,586
up €3,586, from -€287 to €3,299
- Depreciation +€696
up €696 (+9.7%), from €7,166 to €7,863
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 | €68,028 | €57,492 | -€10,536 | -15.5% |
| Fixed assets | 21/28 | €19,123 | €16,771 | -€2,351 | -12.3% |
| Intangible fixed assets | 21 | €14,567 | €9,967 | -€4,600 | -31.6% |
| Tangible fixed assets | 22/27 | €4,526 | €6,804 | +€2,279 | +50.3% |
| Plant, machinery and equipment | 23 | €4,526 | €4,474 | -€52 | -1.1% |
| Furniture and vehicles | 24 | - | €2,330 | +€2,330 | |
| Financial fixed assets | 28 | €30 | - | -€30 | |
| Current assets | 29/58 | €48,905 | €40,721 | -€8,184 | -16.7% |
| Stocks and contracts in progress | 3 | €14,011 | €25,340 | +€11,329 | +80.9% |
| Stocks | 30/36 | €14,011 | €25,340 | +€11,329 | +80.9% |
| Amounts receivable within one year | 40/41 | €4,596 | €3,800 | -€796 | -17.3% |
| Trade receivables | 40 | €3,386 | €2,807 | -€578 | -17.1% |
| Other amounts receivable | 41 | €1,210 | €993 | -€218 | -18.0% |
| Cash at bank and in hand | 54/58 | €30,246 | €11,204 | -€19,041 | -63.0% |
| Deferred charges and accrued income | 490/1 | €53 | €377 | +€324 | +613% |
| Total equity and liabilities | 10/49 | €68,028 | €57,492 | -€10,536 | -15.5% |
| Equity | 10/15 | -€14,919 | -€19,860 | -€4,942 | -33.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,519 | -€38,460 | -€4,942 | -14.7% |
| Amounts payable | 17/49 | €82,947 | €77,353 | -€5,594 | -6.7% |
| Amounts payable within one year | 42/48 | €82,947 | €77,353 | -€5,594 | -6.7% |
| Trade debts | 44 | €561 | €782 | +€221 | +39.4% |
| Suppliers | 440/4 | €561 | €782 | +€221 | +39.4% |
| Other amounts payable | 47/48 | €82,385 | €76,571 | -€5,815 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,166 | €7,863 | +€696 | +9.7% |
| Other operating charges | 640/8 | €328 | €323 | -€5 | -1.7% |
| Gross operating margin | 9900 | -€287 | €3,299 | +€3,586 | |
| Operating profit (loss) | 9901 | -€7,782 | -€4,886 | +€2,895 | +37.2% |
| Financial income | 75/76B | €11,046 | €0 | -€11,046 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +167% |
| Non-recurring financial income | 76B | €11,046 | - | -€11,046 | |
| Financial charges | 65/66B | €60 | €56 | -€5 | -7.5% |
| Recurring financial charges | 65 | €60 | €56 | -€5 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €3,205 | -€4,942 | -€8,146 | |
| Profit (loss) for the period | 9904 | €3,205 | -€4,942 | -€8,146 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,205 | -€4,942 | -€8,146 |
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.