GENAGRI: 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.
GENAGRI
Largest movements
- Cash +€241,007
up €241,007 (+258.3%), from €93,302 to €334,309
mainly Net result for the year (+€140,739) and Investment in fixed assets (net) (+€77,508)
- Tangible fixed assets -€119,685
down €119,685 (-36.3%), from €329,302 to €209,618
of which Land and buildings: -€91,734
- Receivables within one year -€48,050
down €48,050 (-83.1%), from €57,828 to €9,778
of which Trade receivables: -€45,211
- Reserves +€266,831
up €266,831 (+1270.6%), from €21,000 to €287,831
of which Distributable reserves: +€287,831
- Revaluation surpluses -€79,145
no longer reported in 2025 (was €79,145)
- Profit (loss) carried forward -€46,947
no longer reported in 2025 (was €46,947)
- Short-term financial debts -€40,000
no longer reported in 2025 (was €40,000)
- Debts after one year -€23,769
down €23,769 (-39.4%), from €60,344 to €36,576
- Gross operating margin +€215,537
up €215,537 (+567.8%), from €37,959 to €253,496
- Taxes +€62,753
up €62,753, from -€1,454 to €61,299
- Depreciation -€8,441
down €8,441 (-16.7%), from €50,617 to €42,177
- Other operating charges -€5,785
down €5,785 (-76.4%), from €7,571 to €1,786
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 | €504,514 | €577,570 | +€73,055 | +14.5% |
| Fixed assets | 21/28 | €329,302 | €209,618 | -€119,685 | -36.3% |
| Tangible fixed assets | 22/27 | €329,302 | €209,618 | -€119,685 | -36.3% |
| Land and buildings | 22 | €149,038 | €57,304 | -€91,734 | -61.6% |
| Plant, machinery and equipment | 23 | €138,723 | €119,294 | -€19,429 | -14.0% |
| Furniture and vehicles | 24 | €41,542 | €33,020 | -€8,522 | -20.5% |
| Current assets | 29/58 | €175,212 | €367,952 | +€192,740 | +110.0% |
| Stocks and contracts in progress | 3 | €5,920 | €980 | -€4,940 | -83.4% |
| Stocks | 30/36 | €5,920 | €980 | -€4,940 | -83.4% |
| Amounts receivable within one year | 40/41 | €57,828 | €9,778 | -€48,050 | -83.1% |
| Trade receivables | 40 | €49,375 | €4,164 | -€45,211 | -91.6% |
| Other amounts receivable | 41 | €8,452 | €5,614 | -€2,838 | -33.6% |
| Current investments | 50/53 | €12,604 | €12,604 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €93,302 | €334,309 | +€241,007 | +258.3% |
| Deferred charges and accrued income | 490/1 | €5,559 | €10,281 | +€4,722 | +84.9% |
| Total equity and liabilities | 10/49 | €504,514 | €577,570 | +€73,055 | +14.5% |
| Equity | 10/15 | €357,092 | €497,831 | +€140,739 | +39.4% |
| Contributions | 10/11 | €210,000 | €210,000 | = | 0.0% |
| Capital | 10 | €210,000 | - | -€210,000 | |
| Issued capital | 100 | €210,000 | - | -€210,000 | |
| Revaluation surpluses | 12 | €79,145 | - | -€79,145 | |
| Reserves | 13 | €21,000 | €287,831 | +€266,831 | +1270.6% |
| Non-distributable reserves | 130/1 | €21,000 | - | -€21,000 | |
| Legal reserve | 130 | €21,000 | - | -€21,000 | |
| Distributable reserves | 133 | - | €287,831 | +€287,831 | |
| Profit (loss) carried forward | 14 | €46,947 | - | -€46,947 | |
| Amounts payable | 17/49 | €147,423 | €79,739 | -€67,684 | -45.9% |
| Amounts payable after more than one year | 17 | €60,344 | €36,576 | -€23,769 | -39.4% |
| Financial debts | 170/4 | €60,344 | €36,576 | -€23,769 | -39.4% |
| Amounts payable within one year | 42/48 | €87,078 | €35,926 | -€51,153 | -58.7% |
| Current portion of amounts payable after more than one year | 42 | €28,205 | €23,769 | -€4,436 | -15.7% |
| Financial debts | 43 | €40,000 | - | -€40,000 | |
| Credit institutions | 430/8 | €40,000 | - | -€40,000 | |
| Trade debts | 44 | €11,248 | €9,935 | -€1,313 | -11.7% |
| Suppliers | 440/4 | €11,248 | €9,935 | -€1,313 | -11.7% |
| Taxes, remuneration and social security | 45 | €4,430 | - | -€4,430 | |
| Taxes | 450/3 | €4,430 | - | -€4,430 | |
| Other amounts payable | 47/48 | €3,195 | €2,222 | -€973 | -30.5% |
| Accrued charges and deferred income | 492/3 | - | €7,237 | +€7,237 | |
| Non-recurring operating income | 76A | €4,037 | €299,772 | +€295,736 | +7325.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,617 | €42,177 | -€8,441 | -16.7% |
| Other operating charges | 640/8 | €7,571 | €1,786 | -€5,785 | -76.4% |
| Non-recurring operating charges | 66A | - | €2,757 | +€2,757 | |
| Gross operating margin | 9900 | €37,959 | €253,496 | +€215,537 | +567.8% |
| Operating profit (loss) | 9901 | -€20,230 | €206,776 | +€227,005 | |
| Financial income | 75/76B | €795 | €437 | -€359 | -45.1% |
| Recurring financial income | 75 | €795 | €437 | -€359 | -45.1% |
| Financial charges | 65/66B | €5,235 | €5,173 | -€61 | -1.2% |
| Recurring financial charges | 65 | €5,235 | €5,173 | -€61 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | -€24,669 | €202,039 | +€226,707 | |
| Transfer from deferred taxes | 780 | €742 | - | -€742 | |
| Income taxes | 67/77 | -€1,454 | €61,299 | +€62,753 | |
| Profit (loss) for the period | 9904 | -€22,473 | €140,739 | +€163,212 | |
| Transfer from tax-exempt reserves | 789 | €2,228 | - | -€2,228 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,245 | €140,739 | +€160,984 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.