Corteva Agriscience Belgium: 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.
Corteva Agriscience Belgium
Largest movements
- Receivables within one year +€22.8m
up €22.8m (+6,261%), from €363,953 to €23.2m
of which Other amounts receivable: +€19.9m
- Cash -€434,414
down €434,414 (-100%), from €434,414 to €0
- Contributions +€17.0m
up €17.0m (+5,664%), from €300,000 to €17.3m
- Debts +€3.0m
up €3.0m (+765%), from €390,268 to €3.4m
of which Debts within one year: +€2.9m
- Profit (loss) carried forward +€2.7m
up €2.7m, from -€22,328 to €2.7m
- Turnover +€32.9m
up €32.9m (+690,257%), from €4,760 to €32.9m
- Goods and materials +€27.8m
new in 2023: €27.8m
- Services and other goods +€3.4m
new in 2023: €3.4m
- Staff costs +€2.6m
new in 2023: €2.6m
- Other operating income +€2.0m
new in 2023: €2.0m
From the 2018 result to the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2018 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €798,367 | €23,344,340 | +€22.5m | +2,824% |
| Fixed assets | 21/28 | - | €193,395 | +€193,395 | |
| Tangible fixed assets | 22/27 | - | €193,395 | +€193,395 | |
| Land and buildings | 22 | - | €193,395 | +€193,395 | |
| Current assets | 29/58 | €798,367 | €23,150,945 | +€22.4m | +2,800% |
| Amounts receivable within one year | 40/41 | €363,953 | €23,150,945 | +€22.8m | +6,261% |
| Trade receivables | 40 | - | €3,242,300 | +€3.2m | |
| Other amounts receivable | 41 | - | €19,908,645 | +€19.9m | |
| Cash at bank and in hand | 54/58 | €434,414 | €0 | -€434,414 | -100% |
| Total equity and liabilities | 10/49 | €798,367 | €23,344,340 | +€22.5m | +2,824% |
| Equity | 10/15 | €277,672 | €19,967,747 | +€19.7m | +7,091% |
| Contributions | 10/11 | €300,000 | €17,290,841 | +€17.0m | +5,664% |
| Profit (loss) carried forward | 14 | -€22,328 | €2,676,906 | +€2.7m | |
| Provisions and deferred taxes | 16 | €130,427 | - | -€130,427 | |
| Amounts payable | 17/49 | €390,268 | €3,376,593 | +€3.0m | +765% |
| Amounts payable within one year | 42/48 | €389,118 | €3,315,577 | +€2.9m | +752% |
| Trade debts | 44 | €15,535 | €2,154,667 | +€2.1m | +13,770% |
| Suppliers | 440/4 | - | €2,154,667 | +€2.2m | |
| Taxes, remuneration and social security | 45 | - | €1,160,573 | +€1.2m | |
| Taxes | 450/3 | - | €222,076 | +€222,076 | |
| Remuneration and social security | 454/9 | - | €938,497 | +€938,497 | |
| Other amounts payable | 47/48 | - | €337 | +€337 | |
| Accrued charges and deferred income | 492/3 | - | €61,016 | +€61,016 | |
| Operating income | 70/76A | - | €34,874,118 | +€34.9m | |
| Turnover | 70 | €4,760 | €32,861,009 | +€32.9m | +690,257% |
| Other operating income | 74 | - | €2,013,109 | +€2.0m | |
| Operating charges | 60/66A | - | €33,788,793 | +€33.8m | |
| Goods for resale, raw materials and consumables | 60 | - | €27,826,032 | +€27.8m | |
| Purchases | 600/8 | - | €27,826,032 | +€27.8m | |
| Services and other goods | 61 | - | €3,372,529 | +€3.4m | |
| Remuneration, social security and pensions | 62 | - | €2,566,681 | +€2.6m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €23,551 | +€23,551 | |
| Operating profit (loss) | 9901 | -€15,118 | €1,085,325 | +€1.1m | |
| Financial income | 75/76B | - | €1,120,418 | +€1.1m | |
| Recurring financial income | 75 | €227 | €1,120,418 | +€1.1m | +493,650% |
| Other financial income | 752/9 | - | €1,120,418 | +€1.1m | |
| Financial charges | 65/66B | - | €502,099 | +€502,099 | |
| Recurring financial charges | 65 | €2,437 | €502,099 | +€499,662 | +20,504% |
| Other financial charges | 652/9 | - | €502,099 | +€502,099 | |
| Profit (loss) for the period before taxes | 9903 | -€17,328 | €1,703,644 | +€1.7m | |
| Income taxes | 67/77 | - | €457,840 | +€457,840 | |
| Taxes | 670/3 | - | €457,840 | +€457,840 | |
| Profit (loss) for the period | 9904 | -€17,328 | €1,245,804 | +€1.3m | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,328 | €1,245,804 | +€1.3m |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.