DBG Agro: 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.
DBG Agro
Largest movements
- Cash +€74,112
up €74,112 (+195%), from €37,990 to €112,102
mainly Other debts (+€115,766) and Net result for the year (+€59,419)
- Tangible fixed assets -€33,160
down €33,160 (-31.8%), from €104,310 to €71,151
of which Furniture and vehicles: -€19,566
- Receivables within one year +€17,397
up €17,397 (+15.7%), from €111,162 to €128,560
of which Trade receivables: +€33,088
- Trade debts -€124,216
down €124,216 (-93.5%), from €132,784 to €8,569
- Other debts +€115,766
up €115,766 (+1,105%), from €10,476 to €126,242
- Reserves +€59,419
up €59,419 (+94.6%), from €62,815 to €122,234
- Tax, wage and social debts +€16,610
up €16,610 (+119%), from €13,918 to €30,527
of which Taxes: +€19,907
- Debts after one year -€13,496
down €13,496 (-74.8%), from €18,035 to €4,539
- Gross operating margin +€53,582
up €53,582 (+42.2%), from €127,029 to €180,611
- Taxes +€20,232
up €20,232 (+256%), from €7,918 to €28,150
- Depreciation -€9,774
down €9,774 (-16.6%), from €58,936 to €49,162
- Staff costs -€6,072
down €6,072 (-14.1%), from €43,079 to €37,007
- Financial charges +€5,533
up €5,533 (+784%), from €705 to €6,238
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 | €271,344 | €326,107 | +€54,763 | +20.2% |
| Formation expenses | 20 | €1,047 | €295 | -€752 | -71.8% |
| Fixed assets | 21/28 | €118,310 | €85,151 | -€33,160 | -28.0% |
| Tangible fixed assets | 22/27 | €104,310 | €71,151 | -€33,160 | -31.8% |
| Plant, machinery and equipment | 23 | €50,744 | €37,151 | -€13,593 | -26.8% |
| Furniture and vehicles | 24 | €53,566 | €34,000 | -€19,566 | -36.5% |
| Financial fixed assets | 28 | €14,000 | €14,000 | = | 0.0% |
| Current assets | 29/58 | €151,987 | €240,661 | +€88,674 | +58.3% |
| Stocks and contracts in progress | 3 | €1,523 | €0 | -€1,523 | -100% |
| Stocks | 30/36 | €1,523 | €0 | -€1,523 | -100% |
| Amounts receivable within one year | 40/41 | €111,162 | €128,560 | +€17,397 | +15.7% |
| Trade receivables | 40 | €93,390 | €126,478 | +€33,088 | +35.4% |
| Other amounts receivable | 41 | €17,773 | €2,082 | -€15,691 | -88.3% |
| Cash at bank and in hand | 54/58 | €37,990 | €112,102 | +€74,112 | +195% |
| Deferred charges and accrued income | 490/1 | €1,312 | €0 | -€1,312 | -100% |
| Total equity and liabilities | 10/49 | €271,344 | €326,107 | +€54,763 | +20.2% |
| Equity | 10/15 | €82,815 | €142,234 | +€59,419 | +71.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €62,815 | €122,234 | +€59,419 | +94.6% |
| Distributable reserves | 133 | €62,815 | €122,234 | +€59,419 | +94.6% |
| Amounts payable | 17/49 | €188,529 | €183,872 | -€4,656 | -2.5% |
| Amounts payable after more than one year | 17 | €18,035 | €4,539 | -€13,496 | -74.8% |
| Financial debts | 170/4 | €18,035 | €4,539 | -€13,496 | -74.8% |
| Amounts payable within one year | 42/48 | €170,494 | €178,834 | +€8,340 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €13,316 | €13,496 | +€180 | +1.3% |
| Trade debts | 44 | €132,784 | €8,569 | -€124,216 | -93.5% |
| Suppliers | 440/4 | €132,784 | €8,569 | -€124,216 | -93.5% |
| Taxes, remuneration and social security | 45 | €13,918 | €30,527 | +€16,610 | +119% |
| Taxes | 450/3 | €7,880 | €27,787 | +€19,907 | +253% |
| Remuneration and social security | 454/9 | €6,038 | €2,741 | -€3,297 | -54.6% |
| Other amounts payable | 47/48 | €10,476 | €126,242 | +€115,766 | +1,105% |
| Accrued charges and deferred income | 492/3 | €0 | €500 | +€500 | |
| Non-recurring operating income | 76A | - | €3,760 | +€3,760 | |
| Remuneration, social security and pensions | 62 | €43,079 | €37,007 | -€6,072 | -14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,936 | €49,162 | -€9,774 | -16.6% |
| Other operating charges | 640/8 | €1,058 | €698 | -€360 | -34.0% |
| Gross operating margin | 9900 | €127,029 | €180,611 | +€53,582 | +42.2% |
| Operating profit (loss) | 9901 | €23,956 | €93,744 | +€69,788 | +291% |
| Financial income | 75/76B | €579 | €63 | -€516 | -89.1% |
| Recurring financial income | 75 | €579 | €63 | -€516 | -89.1% |
| Financial charges | 65/66B | €705 | €6,238 | +€5,533 | +784% |
| Recurring financial charges | 65 | €705 | €6,238 | +€5,533 | +784% |
| Profit (loss) for the period before taxes | 9903 | €23,830 | €87,569 | +€63,739 | +267% |
| Income taxes | 67/77 | €7,918 | €28,150 | +€20,232 | +256% |
| Profit (loss) for the period | 9904 | €15,911 | €59,419 | +€43,508 | +273% |
| Profit (loss) for the period to be appropriated | 9905 | €15,911 | €59,419 | +€43,508 | +273% |
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 15 October 2026 via checked.be.