Hupko 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.
Hupko Agri
Largest movements
- Receivables within one year +€171,434
up €171,434 (+80.4%), from €213,222 to €384,656
of which Trade receivables: +€171,410
- Cash -€26,415
down €26,415 (-66.9%), from €39,480 to €13,065
mainly Other debts (-€221,086) and Investment in fixed assets (net) (-€211,406)
- Debts after one year +€277,035
up €277,035 (+83.1%), from €333,218 to €610,253
- Other debts -€221,086
down €221,086 (-61.7%), from €358,264 to €137,178
- Current portion of long-term debt +€47,923
up €47,923 (+51.4%), from €93,188 to €141,111
- Trade debts +€25,104
up €25,104 (+119%), from €21,143 to €46,247
- Reserves +€20,822
up €20,822 (+15.9%), from €130,789 to €151,612
of which Distributable reserves: +€22,682
- Gross operating margin +€39,926
up €39,926 (+12.1%), from €330,049 to €369,975
- Depreciation +€21,410
up €21,410 (+11.5%), from €186,343 to €207,753
- Financial charges +€10,298
up €10,298 (+68.2%), from €15,097 to €25,396
- Staff costs +€9,796
up €9,796 (+9.6%), from €102,182 to €111,978
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 | €1,010,706 | €1,164,138 | +€153,432 | +15.2% |
| Fixed assets | 21/28 | €754,405 | €758,057 | +€3,653 | +0.5% |
| Tangible fixed assets | 22/27 | €754,405 | €758,057 | +€3,653 | +0.5% |
| Plant, machinery and equipment | 23 | €635,192 | €522,169 | -€113,023 | -17.8% |
| Furniture and vehicles | 24 | €119,213 | €235,889 | +€116,676 | +97.9% |
| Current assets | 29/58 | €256,301 | €406,081 | +€149,780 | +58.4% |
| Amounts receivable within one year | 40/41 | €213,222 | €384,656 | +€171,434 | +80.4% |
| Trade receivables | 40 | €211,213 | €382,623 | +€171,410 | +81.2% |
| Other amounts receivable | 41 | €2,009 | €2,033 | +€24 | +1.2% |
| Cash at bank and in hand | 54/58 | €39,480 | €13,065 | -€26,415 | -66.9% |
| Deferred charges and accrued income | 490/1 | €3,600 | €8,360 | +€4,760 | +132% |
| Total equity and liabilities | 10/49 | €1,010,706 | €1,164,138 | +€153,432 | +15.2% |
| Equity | 10/15 | €149,389 | €170,212 | +€20,822 | +13.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €130,789 | €151,612 | +€20,822 | +15.9% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €128,929 | €151,612 | +€22,682 | +17.6% |
| Amounts payable | 17/49 | €861,317 | €993,927 | +€132,610 | +15.4% |
| Amounts payable after more than one year | 17 | €333,218 | €610,253 | +€277,035 | +83.1% |
| Financial debts | 170/4 | €333,218 | €610,253 | +€277,035 | +83.1% |
| Amounts payable within one year | 42/48 | €517,796 | €383,298 | -€134,498 | -26.0% |
| Current portion of amounts payable after more than one year | 42 | €93,188 | €141,111 | +€47,923 | +51.4% |
| Trade debts | 44 | €21,143 | €46,247 | +€25,104 | +119% |
| Suppliers | 440/4 | €21,143 | €46,247 | +€25,104 | +119% |
| Taxes, remuneration and social security | 45 | €45,202 | €58,762 | +€13,560 | +30.0% |
| Taxes | 450/3 | €26,815 | €44,907 | +€18,092 | +67.5% |
| Remuneration and social security | 454/9 | €18,387 | €13,855 | -€4,532 | -24.6% |
| Other amounts payable | 47/48 | €358,264 | €137,178 | -€221,086 | -61.7% |
| Accrued charges and deferred income | 492/3 | €10,302 | €376 | -€9,926 | -96.4% |
| Non-recurring operating income | 76A | €28,584 | €0 | -€28,584 | -100% |
| Remuneration, social security and pensions | 62 | €102,182 | €111,978 | +€9,796 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €186,343 | €207,753 | +€21,410 | +11.5% |
| Other operating charges | 640/8 | €718 | €1,128 | +€410 | +57.0% |
| Gross operating margin | 9900 | €330,049 | €369,975 | +€39,926 | +12.1% |
| Operating profit (loss) | 9901 | €40,806 | €49,116 | +€8,311 | +20.4% |
| Financial income | 75/76B | €49 | €244 | +€196 | +402% |
| Recurring financial income | 75 | €49 | €244 | +€196 | +402% |
| Financial charges | 65/66B | €15,097 | €25,396 | +€10,298 | +68.2% |
| Recurring financial charges | 65 | €15,097 | €25,396 | +€10,298 | +68.2% |
| Profit (loss) for the period before taxes | 9903 | €25,757 | €23,965 | -€1,792 | -7.0% |
| Income taxes | 67/77 | - | €3,143 | +€3,143 | |
| Profit (loss) for the period | 9904 | €25,757 | €20,822 | -€4,935 | -19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,757 | €20,822 | -€4,935 | -19.2% |
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 29 October 2026 via checked.be.