IMMO AGRAFRESH: 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.
IMMO AGRAFRESH
Largest movements
- Tangible fixed assets +€1.8m
up €1.8m (+293%), from €611,200 to €2.4m
- Debts after one year +€2.0m
new in 2026: €2.0m
of which Other amounts payable: +€1.5m
- Other debts -€195,505
down €195,505 (-100%), from €195,505 to €0
- Gross operating margin +€7,825
up €7,825 (+521%), from €1,503 to €9,327
- Financial charges +€5,727
up €5,727 (+9,070%), from €63 to €5,790
- Other operating charges +€1,363
up €1,363 (+255%), from €535 to €1,898
- Taxes +€300
new in 2026: €300
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €637,509 | €2,419,610 | +€1.8m | +280% |
| Fixed assets | 21/28 | €611,200 | €2,403,106 | +€1.8m | +293% |
| Tangible fixed assets | 22/27 | €611,200 | €2,403,106 | +€1.8m | +293% |
| Land and buildings | 22 | €611,200 | €2,403,106 | +€1.8m | +293% |
| Current assets | 29/58 | €26,309 | €16,504 | -€9,805 | -37.3% |
| Amounts receivable within one year | 40/41 | €0 | €13,793 | +€13,793 | |
| Trade receivables | 40 | €0 | €12,000 | +€12,000 | |
| Other amounts receivable | 41 | €0 | €1,793 | +€1,793 | |
| Cash at bank and in hand | 54/58 | €26,309 | €2,711 | -€23,598 | -89.7% |
| Total equity and liabilities | 10/49 | €637,509 | €2,419,610 | +€1.8m | +280% |
| Equity | 10/15 | €439,545 | €440,884 | +€1,339 | +0.3% |
| Contributions | 10/11 | €436,200 | €436,200 | = | 0.0% |
| Reserves | 13 | €3,345 | €4,684 | +€1,339 | +40.0% |
| Distributable reserves | 133 | €3,345 | €4,684 | +€1,339 | +40.0% |
| Amounts payable | 17/49 | €197,964 | €1,978,726 | +€1.8m | +900% |
| Amounts payable after more than one year | 17 | - | €1,978,426 | +€2.0m | |
| Financial debts | 170/4 | - | €514,776 | +€514,776 | |
| Other amounts payable | 178/9 | - | €1,463,650 | +€1.5m | |
| Amounts payable within one year | 42/48 | €197,964 | €300 | -€197,664 | -99.8% |
| Trade debts | 44 | €2,459 | €0 | -€2,459 | -100% |
| Suppliers | 440/4 | €2,459 | €0 | -€2,459 | -100% |
| Taxes, remuneration and social security | 45 | - | €300 | +€300 | |
| Taxes | 450/3 | - | €300 | +€300 | |
| Other amounts payable | 47/48 | €195,505 | €0 | -€195,505 | -100% |
| Other operating charges | 640/8 | €535 | €1,898 | +€1,363 | +255% |
| Gross operating margin | 9900 | €1,503 | €9,327 | +€7,825 | +521% |
| Operating profit (loss) | 9901 | €968 | €7,429 | +€6,461 | +667% |
| Financial charges | 65/66B | €63 | €5,790 | +€5,727 | +9,070% |
| Recurring financial charges | 65 | €63 | €5,790 | +€5,727 | +9,070% |
| Profit (loss) for the period before taxes | 9903 | €905 | €1,639 | +€734 | +81.1% |
| Income taxes | 67/77 | - | €300 | +€300 | |
| Profit (loss) for the period | 9904 | €905 | €1,339 | +€434 | +48.0% |
| Profit (loss) for the period to be appropriated | 9905 | €905 | €1,339 | +€434 | +48.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.