GMI 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.
GMI AGRI
Largest movements
- Tangible fixed assets -€97,707
down €97,707 (-26.2%), from €373,391 to €275,684
of which Plant, machinery and equipment: -€84,629
- Cash +€40,441
up €40,441 (+53.9%), from €74,976 to €115,417
mainly Depreciation (+€52,284) and Investment in fixed assets (net) (+€45,423)
- Receivables within one year +€5,033
up €5,033 (+12.8%), from €39,349 to €44,382
of which Trade receivables: +€8,153
- Debts after one year -€29,187
down €29,187 (-24.5%), from €119,059 to €89,871
- Reserves -€15,000
down €15,000 (-25.9%), from €58,000 to €43,000
- Profit (loss) carried forward -€12,329
down €12,329 (-90.7%), from €13,593 to €1,265
- Trade debts +€9,181
up €9,181 (+67.7%), from €13,557 to €22,737
- Other operating charges +€31,293
up €31,293 (+3,561%), from €879 to €32,172
- Gross operating margin -€14,686
down €14,686 (-19.0%), from €77,173 to €62,488
- Depreciation -€11,426
down €11,426 (-17.9%), from €63,709 to €52,284
- Taxes -€1,793
down €1,793 (-82.8%), from €2,167 to €373
- Staff costs +€811
no longer reported in 2025 (was -€811)
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 | €491,131 | €435,483 | -€55,648 | -11.3% |
| Fixed assets | 21/28 | €373,391 | €275,684 | -€97,707 | -26.2% |
| Tangible fixed assets | 22/27 | €373,391 | €275,684 | -€97,707 | -26.2% |
| Plant, machinery and equipment | 23 | €349,519 | €264,890 | -€84,629 | -24.2% |
| Furniture and vehicles | 24 | €23,872 | €10,795 | -€13,078 | -54.8% |
| Current assets | 29/58 | €117,740 | €159,799 | +€42,059 | +35.7% |
| Amounts receivable within one year | 40/41 | €39,349 | €44,382 | +€5,033 | +12.8% |
| Trade receivables | 40 | €36,229 | €44,382 | +€8,153 | +22.5% |
| Other amounts receivable | 41 | €3,120 | - | -€3,120 | |
| Cash at bank and in hand | 54/58 | €74,976 | €115,417 | +€40,441 | +53.9% |
| Deferred charges and accrued income | 490/1 | €3,415 | - | -€3,415 | |
| Total equity and liabilities | 10/49 | €491,131 | €435,483 | -€55,648 | -11.3% |
| Equity | 10/15 | €92,053 | €64,725 | -€27,329 | -29.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €58,000 | €43,000 | -€15,000 | -25.9% |
| Distributable reserves | 133 | €58,000 | €43,000 | -€15,000 | -25.9% |
| Profit (loss) carried forward | 14 | €13,593 | €1,265 | -€12,329 | -90.7% |
| Amounts payable | 17/49 | €399,078 | €370,758 | -€28,320 | -7.1% |
| Amounts payable after more than one year | 17 | €119,059 | €89,871 | -€29,187 | -24.5% |
| Financial debts | 170/4 | €119,059 | €89,871 | -€29,187 | -24.5% |
| Amounts payable within one year | 42/48 | €280,019 | €280,887 | +€868 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €33,290 | €29,187 | -€4,102 | -12.3% |
| Trade debts | 44 | €13,557 | €22,737 | +€9,181 | +67.7% |
| Suppliers | 440/4 | €13,557 | €22,737 | +€9,181 | +67.7% |
| Taxes, remuneration and social security | 45 | €3,966 | €4,227 | +€261 | +6.6% |
| Taxes | 450/3 | €3,966 | €4,227 | +€261 | +6.6% |
| Other amounts payable | 47/48 | €229,207 | €224,735 | -€4,472 | -2.0% |
| Remuneration, social security and pensions | 62 | -€811 | - | +€811 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,709 | €52,284 | -€11,426 | -17.9% |
| Other operating charges | 640/8 | €879 | €32,172 | +€31,293 | +3,561% |
| Gross operating margin | 9900 | €77,173 | €62,488 | -€14,686 | -19.0% |
| Operating profit (loss) | 9901 | €13,396 | -€21,968 | -€35,365 | |
| Financial income | 75/76B | €3 | €30 | +€27 | +880% |
| Recurring financial income | 75 | €3 | €30 | +€27 | +880% |
| Financial charges | 65/66B | €5,181 | €5,017 | -€164 | -3.2% |
| Recurring financial charges | 65 | €5,181 | €5,017 | -€164 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €8,218 | -€26,955 | -€35,173 | |
| Income taxes | 67/77 | €2,167 | €373 | -€1,793 | -82.8% |
| Profit (loss) for the period | 9904 | €6,051 | -€27,329 | -€33,380 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,051 | -€27,329 | -€33,380 |
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 20 October 2026 via checked.be.