CRE-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.
CRE-AGRI
Largest movements
- Stocks and contracts -€201,776
down €201,776 (-37.1%), from €543,367 to €341,591
- Cash +€196,083
up €196,083 (+274%), from €71,611 to €267,694
mainly Stocks and contracts (+€201,776) and Debts after one year (+€108,675)
- Receivables within one year +€22,047
up €22,047 (+13.6%), from €162,679 to €184,726
of which Trade receivables: +€20,406
- Short-term financial debts -€200,000
down €200,000 (-40.0%), from €500,000 to €300,000
- Debts after one year +€108,675
up €108,675 (+63.6%), from €170,954 to €279,629
of which Other amounts payable: +€100,000
- Trade debts +€43,883
up €43,883 (+253%), from €17,323 to €61,205
- Profit (loss) carried forward +€32,067
up €32,067 (+23.2%), from €138,013 to €170,080
- Tax, wage and social debts +€26,491
up €26,491 (+113%), from €23,539 to €50,030
of which Taxes: +€27,046
- Gross operating margin +€37,249
up €37,249 (+49.5%), from €75,211 to €112,460
- Financial charges -€18,683
down €18,683 (-51.7%), from €36,136 to €17,453
- Taxes +€11,455
new in 2025: €11,455
- Depreciation +€5,641
up €5,641 (+15.9%), from €35,384 to €41,025
- Other operating charges +€2,149
up €2,149 (+124%), from €1,732 to €3,880
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 | €892,044 | €908,719 | +€16,675 | +1.9% |
| Fixed assets | 21/28 | €111,270 | €113,373 | +€2,103 | +1.9% |
| Tangible fixed assets | 22/27 | €111,024 | €113,126 | +€2,103 | +1.9% |
| Plant, machinery and equipment | 23 | €82,179 | €63,121 | -€19,058 | -23.2% |
| Furniture and vehicles | 24 | €11,886 | €8,409 | -€3,476 | -29.2% |
| Leasing and similar rights | 25 | - | €27,182 | +€27,182 | |
| Other tangible fixed assets | 26 | €16,959 | €14,414 | -€2,545 | -15.0% |
| Financial fixed assets | 28 | €246 | €246 | = | 0.0% |
| Current assets | 29/58 | €780,774 | €795,347 | +€14,572 | +1.9% |
| Stocks and contracts in progress | 3 | €543,367 | €341,591 | -€201,776 | -37.1% |
| Stocks | 30/36 | €543,367 | €341,591 | -€201,776 | -37.1% |
| Amounts receivable within one year | 40/41 | €162,679 | €184,726 | +€22,047 | +13.6% |
| Trade receivables | 40 | €124,191 | €144,597 | +€20,406 | +16.4% |
| Other amounts receivable | 41 | €38,488 | €40,129 | +€1,641 | +4.3% |
| Cash at bank and in hand | 54/58 | €71,611 | €267,694 | +€196,083 | +274% |
| Deferred charges and accrued income | 490/1 | €3,118 | €1,336 | -€1,781 | -57.1% |
| Total equity and liabilities | 10/49 | €892,044 | €908,719 | +€16,675 | +1.9% |
| Equity | 10/15 | €156,613 | €188,680 | +€32,067 | +20.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €138,013 | €170,080 | +€32,067 | +23.2% |
| Amounts payable | 17/49 | €735,431 | €720,039 | -€15,392 | -2.1% |
| Amounts payable after more than one year | 17 | €170,954 | €279,629 | +€108,675 | +63.6% |
| Financial debts | 170/4 | €25,954 | €34,629 | +€8,675 | +33.4% |
| Other amounts payable | 178/9 | €145,000 | €245,000 | +€100,000 | +69.0% |
| Amounts payable within one year | 42/48 | €564,462 | €440,111 | -€124,351 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | €12,448 | €18,616 | +€6,168 | +49.5% |
| Financial debts | 43 | €500,000 | €300,000 | -€200,000 | -40.0% |
| Credit institutions | 430/8 | €500,000 | €300,000 | -€200,000 | -40.0% |
| Trade debts | 44 | €17,323 | €61,205 | +€43,883 | +253% |
| Suppliers | 440/4 | €17,323 | €61,205 | +€43,883 | +253% |
| Taxes, remuneration and social security | 45 | €23,539 | €50,030 | +€26,491 | +113% |
| Taxes | 450/3 | €22,159 | €49,206 | +€27,046 | +122% |
| Remuneration and social security | 454/9 | €1,380 | €824 | -€556 | -40.3% |
| Other amounts payable | 47/48 | €11,152 | €10,260 | -€892 | -8.0% |
| Accrued charges and deferred income | 492/3 | €16 | €300 | +€284 | +1,806% |
| Remuneration, social security and pensions | 62 | €6,817 | €6,593 | -€225 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,384 | €41,025 | +€5,641 | +15.9% |
| Other operating charges | 640/8 | €1,732 | €3,880 | +€2,149 | +124% |
| Gross operating margin | 9900 | €75,211 | €112,460 | +€37,249 | +49.5% |
| Operating profit (loss) | 9901 | €31,278 | €60,962 | +€29,684 | +94.9% |
| Financial income | 75/76B | €74 | €13 | -€61 | -82.5% |
| Recurring financial income | 75 | €74 | €13 | -€61 | -82.5% |
| Financial charges | 65/66B | €36,136 | €17,453 | -€18,683 | -51.7% |
| Recurring financial charges | 65 | €36,136 | €17,453 | -€18,683 | -51.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,785 | €43,522 | +€48,306 | |
| Income taxes | 67/77 | - | €11,455 | +€11,455 | |
| Profit (loss) for the period | 9904 | -€4,785 | €32,067 | +€36,852 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,785 | €32,067 | +€36,852 |
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 31 October 2026 via checked.be.