FAP AGRO: what changed
Two fiscal 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.
FAP AGRO
Largest movements
- Cash -€62,480
down €62,480 (-20.7%), from €302,316 to €239,835
mainly Net result for the year (-€53,865) and Tax, wage and social debts (-€17,919)
- Reserves -€53,865
down €53,865 (-1.4%), from €3.9m to €3.9m
of which Distributable reserves: -€35,591
- Gross operating margin -€1.1m
down €1.1m (-95.8%), from €1.1m to €47,659
- Depreciation -€48,094
down €48,094 (-78.5%), from €61,252 to €13,158
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.
Cash bridge derived
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 | €4,882,652 | €4,811,490 | -€71,162 | -1.5% |
| Fixed assets | 21/28 | €4,492,512 | €4,479,354 | -€13,158 | -0.3% |
| Tangible fixed assets | 22/27 | €4,492,512 | €4,479,354 | -€13,158 | -0.3% |
| Land and buildings | 22 | €4,492,512 | €4,479,354 | -€13,158 | -0.3% |
| Current assets | 29/58 | €390,140 | €332,137 | -€58,003 | -14.9% |
| Amounts receivable within one year | 40/41 | €87,824 | €92,301 | +€4,477 | +5.1% |
| Trade receivables | 40 | €42,929 | €42,929 | = | 0.0% |
| Other amounts receivable | 41 | €44,896 | €49,373 | +€4,477 | +10.0% |
| Cash at bank and in hand | 54/58 | €302,316 | €239,835 | -€62,480 | -20.7% |
| Total equity and liabilities | 10/49 | €4,882,652 | €4,811,490 | -€71,162 | -1.5% |
| Equity | 10/15 | €4,583,980 | €4,530,115 | -€53,865 | -1.2% |
| Contributions | 10/11 | €661,271 | €661,271 | = | 0.0% |
| Reserves | 13 | €3,922,709 | €3,868,845 | -€53,865 | -1.4% |
| Tax-exempt reserves | 132 | €1,262,075 | €1,243,801 | -€18,274 | -1.4% |
| Distributable reserves | 133 | €2,660,635 | €2,625,044 | -€35,591 | -1.3% |
| Provisions and deferred taxes | 16 | €270,632 | €270,632 | = | 0.0% |
| Deferred taxes | 168 | €270,632 | €270,632 | = | 0.0% |
| Amounts payable | 17/49 | €28,039 | €10,743 | -€17,297 | -61.7% |
| Amounts payable within one year | 42/48 | €25,819 | €8,052 | -€17,767 | -68.8% |
| Trade debts | 44 | €7,900 | €8,052 | +€152 | +1.9% |
| Suppliers | 440/4 | €7,900 | €8,052 | +€152 | +1.9% |
| Taxes, remuneration and social security | 45 | €17,919 | €0 | -€17,919 | -100.0% |
| Taxes | 450/3 | €17,919 | €0 | -€17,919 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €2,220 | €2,691 | +€471 | +21.2% |
| Non-recurring operating income | 76A | €1,082,530 | €0 | -€1.1m | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,252 | €13,158 | -€48,094 | -78.5% |
| Other operating charges | 640/8 | €16,004 | €24,585 | +€8,581 | +53.6% |
| Non-recurring operating charges | 66A | €66,013 | €63,448 | -€2,565 | -3.9% |
| Gross operating margin | 9900 | €1,146,296 | €47,659 | -€1.1m | -95.8% |
| Operating profit (loss) | 9901 | €1,003,027 | -€53,533 | -€1.1m | |
| Financial income | 75/76B | €443 | €0 | -€443 | -100.0% |
| Recurring financial income | 75 | €443 | €0 | -€443 | -100.0% |
| Financial charges | 65/66B | €4,223 | €332 | -€3,890 | -92.1% |
| Recurring financial charges | 65 | €4,223 | €332 | -€3,890 | -92.1% |
| Profit (loss) for the period before taxes | 9903 | €999,247 | -€53,865 | -€1.1m | |
| Transfer to deferred taxes | 680 | €270,632 | €0 | -€270,632 | -100.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €728,615 | -€53,865 | -€782,480 | |
| Transfer from tax-exempt reserves | 789 | €307,949 | €18,274 | -€289,675 | -94.1% |
| Transfer to tax-exempt reserves | 689 | €811,897 | €0 | -€811,897 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €224,666 | -€35,591 | -€260,257 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.