G.C. 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.
What changed
G.C. AGRI
NACE 01.610, Support activities for crop production
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€276,545
2024 · €30,612+€245,934
Equity
€867,931
2024 · €591,385+€276,545
Cash
€70,893
2024 · €28,909+€41,984
Balance sheet total
€8.7m
2024 · €4.6m+€4.2m
Largest movements
Assets
- Tangible fixed assets +€2.7m
up €2.7m (+104%), from €2.6m to €5.3m
of which Land and buildings: +€2.4m
- Stocks and contracts +€1.5m
up €1.5m (+375%), from €391,700 to €1.9m
Equity and liabilities
- Debts after one year +€2.7m
up €2.7m (+127%), from €2.1m to €4.7m
of which Financial debts: +€2.1m
- Short-term financial debts +€841,562
up €841,562 (+184%), from €456,954 to €1.3m
of which Other loans: +€835,701
- Reserves +€276,545
up €276,545 (+47.3%), from €585,185 to €861,731
- Trade debts +€230,967
up €230,967 (+32.5%), from €710,158 to €941,125
- Current portion of long-term debt +€125,176
up €125,176 (+19.2%), from €653,292 to €778,468
Income statement
- Turnover -€2.4m
no longer reported in 2025 (was €2.4m)
- Purchases and services -€1.4m
no longer reported in 2025 (was €1.4m)
- Gross operating margin +€736,421
up €736,421 (+65.2%), from €1.1m to €1.9m
- Other operating charges +€149,834
up €149,834 (+4,137%), from €3,622 to €153,455
- Depreciation +€108,172
up €108,172 (+21.0%), from €514,462 to €622,633
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.
Result 2024
€30,612
Gross operating margin
+€736,421
Staff costs
-€85,438
Depreciation
-€108,172
Other operating charges
-€149,834
Other operating items
-€38,296
Financial income
+€666
Financial charges
-€100,272
Taxes
-€9,143
Result 2025
€276,545
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€248,362
Investment
-€3.3m
Financing
+€3.6m
Cash 2024
€28,909
From operations (derived)
-€248,362
Net result for the year
+€276,545
Depreciation
+€622,633
Stocks and contracts
-€1.5m
Receivables within one year
+€55,896
Smaller working-capital items
+€3,934
Trade debts
+€230,967
Tax, wage and social debts
+€11,596
Other debts
+€18,554
Investment (derived)
-€3.3m
Investment in fixed assets (net)
-€3.3m
Financing
+€3.6m
Debts after one year
+€2.7m
Current portion of long-term debt
+€125,176
Short-term financial debts
+€841,562
Cash 2025
€70,893
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,557,880 | €8,719,211 | +€4.2m | +91.3% |
| Fixed assets | 21/28 | €2,616,149 | €5,324,371 | +€2.7m | +104% |
| Tangible fixed assets | 22/27 | €2,616,149 | €5,324,371 | +€2.7m | +104% |
| Land and buildings | 22 | - | €2,366,190 | +€2.4m | |
| Plant, machinery and equipment | 23 | €958,140 | €796,500 | -€161,640 | -16.9% |
| Furniture and vehicles | 24 | €19,963 | €13,678 | -€6,285 | -31.5% |
| Leasing and similar rights | 25 | €1,480,587 | €2,009,863 | +€529,276 | +35.7% |
| Other tangible fixed assets | 26 | €157,459 | €138,140 | -€19,319 | -12.3% |
| Current assets | 29/58 | €1,941,730 | €3,394,840 | +€1.5m | +74.8% |
| Stocks and contracts in progress | 3 | €391,700 | €1,860,189 | +€1.5m | +375% |
| Stocks | 30/36 | €391,700 | €1,860,189 | +€1.5m | +375% |
| Amounts receivable within one year | 40/41 | €1,503,141 | €1,447,244 | -€55,896 | -3.7% |
| Trade receivables | 40 | €1,393,807 | €1,369,545 | -€24,262 | -1.7% |
| Other amounts receivable | 41 | €109,333 | €77,699 | -€31,634 | -28.9% |
| Cash at bank and in hand | 54/58 | €28,909 | €70,893 | +€41,984 | +145% |
| Deferred charges and accrued income | 490/1 | €17,980 | €16,513 | -€1,467 | -8.2% |
| Total equity and liabilities | 10/49 | €4,557,880 | €8,719,211 | +€4.2m | +91.3% |
| Equity | 10/15 | €591,385 | €867,931 | +€276,545 | +46.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €585,185 | €861,731 | +€276,545 | +47.3% |
| Distributable reserves | 133 | €585,185 | €861,731 | +€276,545 | +47.3% |
| Amounts payable | 17/49 | €3,966,494 | €7,851,280 | +€3.9m | +97.9% |
| Amounts payable after more than one year | 17 | €2,089,278 | €4,743,741 | +€2.7m | +127% |
| Financial debts | 170/4 | €964,973 | €3,078,094 | +€2.1m | +219% |
| Trade debts | 175 | €1,124,305 | €1,665,647 | +€541,342 | +48.1% |
| Amounts payable within one year | 42/48 | €1,877,216 | €3,105,072 | +€1.2m | +65.4% |
| Current portion of amounts payable after more than one year | 42 | €653,292 | €778,468 | +€125,176 | +19.2% |
| Financial debts | 43 | €456,954 | €1,298,516 | +€841,562 | +184% |
| Credit institutions | 430/8 | €238,754 | €244,615 | +€5,860 | +2.5% |
| Other loans | 439 | €218,200 | €1,053,901 | +€835,701 | +383% |
| Trade debts | 44 | €710,158 | €941,125 | +€230,967 | +32.5% |
| Suppliers | 440/4 | €710,158 | €941,125 | +€230,967 | +32.5% |
| Taxes, remuneration and social security | 45 | €56,813 | €68,409 | +€11,596 | +20.4% |
| Taxes | 450/3 | €45,106 | €10,994 | -€34,113 | -75.6% |
| Remuneration and social security | 454/9 | €11,706 | €57,415 | +€45,709 | +390% |
| Other amounts payable | 47/48 | - | €18,554 | +€18,554 | |
| Accrued charges and deferred income | 492/3 | - | €2,467 | +€2,467 | |
| Turnover | 70 | €2,409,454 | - | -€2.4m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,381,948 | - | -€1.4m | |
| Remuneration, social security and pensions | 62 | €466,327 | €551,765 | +€85,438 | +18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €514,462 | €622,633 | +€108,172 | +21.0% |
| Other operating charges | 640/8 | €3,622 | €153,455 | +€149,834 | +4,137% |
| Non-recurring operating charges | 66A | €2,329 | €40,625 | +€38,296 | +1,644% |
| Gross operating margin | 9900 | €1,130,008 | €1,866,429 | +€736,421 | +65.2% |
| Operating profit (loss) | 9901 | €143,268 | €497,950 | +€354,682 | +248% |
| Financial income | 75/76B | €53 | €719 | +€666 | +1,247% |
| Recurring financial income | 75 | €53 | €719 | +€666 | +1,247% |
| Financial charges | 65/66B | €111,797 | €212,069 | +€100,272 | +89.7% |
| Recurring financial charges | 65 | €111,797 | €212,069 | +€100,272 | +89.7% |
| Profit (loss) for the period before taxes | 9903 | €31,524 | €286,601 | +€255,076 | +809% |
| Income taxes | 67/77 | €913 | €10,055 | +€9,143 | +1,002% |
| Profit (loss) for the period | 9904 | €30,612 | €276,545 | +€245,934 | +803% |
| Profit (loss) for the period to be appropriated | 9905 | €30,612 | €276,545 | +€245,934 | +803% |
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 17 October 2026 via checked.be.