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EQUIPE 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.

What changed

EQUIPE AGRO

BE 0467.239.991Ended or in insolvency proceedings
financial year 2018 against 2019filed annual accounts (NBB)
Net result for the year
€452,687
2018 · €21,821+€430,866
Equity
€594,509
2018 · €141,822+€452,687
Cash
€100,302
2018 · €111,999-€11,697
Balance sheet total
€664,086
2018 · €276,723+€387,363

Largest movements

2018 to 2019
Assets
  • Receivables within one year +€345,841

    up €345,841 (+214.9%), from €160,902 to €506,743

  • Tangible fixed assets +€53,219

    up €53,219 (+1392.3%), from €3,822 to €57,042

  • Cash -€11,697

    down €11,697 (-10.4%), from €111,999 to €100,302

    mainly Receivables within one year (-€345,841) and Debts within one year (-€97,926)

Equity and liabilities
  • Profit (loss) carried forward +€452,687

    up €452,687 (+2074.5%), from €21,821 to €474,508

  • Debts within one year -€97,926

    down €97,926 (-72.6%), from €134,901 to €36,975

  • Debts after one year +€32,602

    new in 2019: €32,602

Income statement
  • Gross operating margin +€1.4m

    up €1.4m (+703.0%), from €202,330 to €1.6m

  • Depreciation +€21,262

    up €21,262 (+437.0%), from €4,865 to €26,128

From the 2018 result to the 2019 result

effect on the 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.

Result 2018 €21,821
Gross operating margin +€1.4m
Depreciation -€21,262
Other operating items -€976,502
Financial charges -€1,632
Taxes +€7,830
Result 2019 €452,687

Cash bridge derived

cash 2018 to 2019

Derived from the 2018 and 2019 balance sheets and the 2019 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€35,048
Investment -€79,347
Financing +€32,602
Cash 2018 €111,999
Net result for the year +€452,687
Depreciation +€26,128
Receivables within one year -€345,841
Debts within one year -€97,926
Investment in fixed assets (net) -€79,347
Debts after one year +€32,602
Cash 2019 €100,302
Every line side by side 23 lines
Line Code 2018 2019 Change %
Total assets 20/58 €276,723 €664,086 +€387,363 +140.0%
Fixed assets 21/28 €3,822 €57,042 +€53,219 +1392.3%
Tangible fixed assets 22/27 €3,822 €57,042 +€53,219 +1392.3%
Current assets 29/58 €272,901 €607,044 +€334,144 +122.4%
Amounts receivable within one year 40/41 €160,902 €506,743 +€345,841 +214.9%
Cash at bank and in hand 54/58 €111,999 €100,302 -€11,697 -10.4%
Total equity and liabilities 10/49 €276,723 €664,086 +€387,363 +140.0%
Equity 10/15 €141,822 €594,509 +€452,687 +319.2%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €113,801 €113,801 = 0.0%
Profit (loss) carried forward 14 €21,821 €474,508 +€452,687 +2074.5%
Amounts payable 17/49 €134,901 €69,577 -€65,324 -48.4%
Amounts payable after more than one year 17 - €32,602 +€32,602
Amounts payable within one year 42/48 €134,901 €36,975 -€97,926 -72.6%
Trade debts 44 €40,253 - -€40,253
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,865 €26,128 +€21,262 +437.0%
Gross operating margin 9900 €202,330 €1,624,763 +€1.4m +703.0%
Operating profit (loss) 9901 €29,685 €454,354 +€424,668 +1430.6%
Recurring financial charges 65 €34 €1,667 +€1,632 +4763.1%
Profit (loss) for the period before taxes 9903 €29,651 €452,687 +€423,036 +1426.7%
Income taxes 67/77 €7,830 - -€7,830
Profit (loss) for the period 9904 €21,821 €452,687 +€430,866 +1974.5%
Profit (loss) for the period to be appropriated 9905 €21,821 €452,687 +€430,866 +1974.5%

Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.