LINAGRO: 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
LINAGRO
NACE 46.216, Wholesale of agricultural produce and animal feed, general range
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.4m
2024 · €3.6m-€2.1m
Equity
€7.2m
2024 · €7.2m-€4,309
Cash
-
not filed
Balance sheet total
€15.6m
2024 · €20.2m-€4.6m
Largest movements
Assets
- Stocks and contracts -€3.9m
down €3.9m (-37.4%), from €10.6m to €6.6m
- Receivables within one year -€685,516
down €685,516 (-7.1%), from €9.7m to €9.0m
of which Trade receivables: -€786,687
Equity and liabilities
- Trade debts -€3.6m
down €3.6m (-62.0%), from €5.9m to €2.2m
- Other debts -€985,740
down €985,740 (-13.8%), from €7.1m to €6.2m
Income statement
- Goods and materials +€17.1m
up €17.1m (+18.1%), from €94.4m to €111.6m
of which Change in stocks: decrease (increase): +€9.9m
- Turnover +€13.9m
up €13.9m (+13.9%), from €100.3m to €114.3m
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
€3.6m
Turnover
+€13.9m
Other operating income
+€170,293
Goods and materials
-€17.1m
Services and other goods
-€45,671
Depreciation
+€2,436
Other operating charges
-€4,953
Other operating items
+€882,668
Financial income
-€152,006
Financial charges
-€77,090
Taxes
+€304,226
Result 2025
€1.4m
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,228,566 | €15,585,236 | -€4.6m | -23.0% |
| Fixed assets | 21/28 | €8,678 | - | -€8,678 | |
| Tangible fixed assets | 22/27 | €8,678 | - | -€8,678 | |
| Furniture and vehicles | 24 | €8,678 | - | -€8,678 | |
| Current assets | 29/58 | €20,219,888 | €15,585,236 | -€4.6m | -22.9% |
| Stocks and contracts in progress | 3 | €10,555,784 | €6,607,178 | -€3.9m | -37.4% |
| Stocks | 30/36 | €10,555,784 | €6,607,178 | -€3.9m | -37.4% |
| Raw materials and consumables | 30/31 | €9,618,856 | €4,237,298 | -€5.4m | -55.9% |
| Finished goods | 33 | €936,928 | €2,369,880 | +€1.4m | +152.9% |
| Amounts receivable within one year | 40/41 | €9,663,100 | €8,977,584 | -€685,516 | -7.1% |
| Trade receivables | 40 | €9,525,995 | €8,739,308 | -€786,687 | -8.3% |
| Other amounts receivable | 41 | €137,105 | €238,276 | +€101,171 | +73.8% |
| Deferred charges and accrued income | 490/1 | €1,004 | €474 | -€530 | -52.8% |
| Total equity and liabilities | 10/49 | €20,228,566 | €15,585,236 | -€4.6m | -23.0% |
| Equity | 10/15 | €7,187,968 | €7,183,660 | -€4,309 | -0.1% |
| Contributions | 10/11 | €1,250,000 | €1,250,000 | = | 0.0% |
| Capital | 10 | €1,250,000 | €1,250,000 | = | 0.0% |
| Issued capital | 100 | €1,250,000 | €1,250,000 | = | 0.0% |
| Reserves | 13 | €408,250 | €408,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €125,000 | €125,000 | = | 0.0% |
| Legal reserve | 130 | €125,000 | €125,000 | = | 0.0% |
| Distributable reserves | 133 | €283,250 | €283,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,529,718 | €5,525,410 | -€4,309 | -0.1% |
| Amounts payable | 17/49 | €13,040,598 | €8,401,576 | -€4.6m | -35.6% |
| Amounts payable within one year | 42/48 | €13,040,598 | €8,401,576 | -€4.6m | -35.6% |
| Trade debts | 44 | €5,889,726 | €2,239,758 | -€3.6m | -62.0% |
| Suppliers | 440/4 | €5,889,726 | €2,239,758 | -€3.6m | -62.0% |
| Taxes, remuneration and social security | 45 | €3,313 | - | -€3,313 | |
| Taxes | 450/3 | €3,313 | - | -€3,313 | |
| Other amounts payable | 47/48 | €7,147,558 | €6,161,818 | -€985,740 | -13.8% |
| Operating income | 70/76A | €100,904,336 | €115,890,438 | +€15.0m | +14.9% |
| Turnover | 70 | €100,334,895 | €114,268,036 | +€13.9m | +13.9% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €550,284 | €1,432,952 | +€882,668 | +160.4% |
| Other operating income | 74 | €19,157 | €189,450 | +€170,293 | +888.9% |
| Operating charges | 60/66A | €96,864,693 | €114,038,089 | +€17.2m | +17.7% |
| Goods for resale, raw materials and consumables | 60 | €94,429,329 | €111,554,536 | +€17.1m | +18.1% |
| Purchases | 600/8 | €98,932,117 | €106,172,978 | +€7.2m | +7.3% |
| Change in stocks: decrease (increase) | 609 | -€4,502,788 | €5,381,558 | +€9.9m | |
| Services and other goods | 61 | €2,413,075 | €2,458,746 | +€45,671 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,114 | €8,678 | -€2,436 | -21.9% |
| Other operating charges | 640/8 | €11,176 | €16,128 | +€4,953 | +44.3% |
| Operating profit (loss) | 9901 | €4,039,643 | €1,852,349 | -€2.2m | -54.1% |
| Financial income | 75/76B | €225,874 | €73,868 | -€152,006 | -67.3% |
| Recurring financial income | 75 | €225,874 | €73,868 | -€152,006 | -67.3% |
| Income from current assets | 751 | €102,136 | - | -€102,136 | |
| Other financial income | 752/9 | €123,738 | €73,868 | -€49,870 | -40.3% |
| Financial charges | 65/66B | €104,348 | €181,438 | +€77,090 | +73.9% |
| Recurring financial charges | 65 | €104,348 | €181,438 | +€77,090 | +73.9% |
| Debt charges | 650 | €64,276 | €166,458 | +€102,182 | +159.0% |
| Other financial charges | 652/9 | €40,072 | €14,980 | -€25,092 | -62.6% |
| Profit (loss) for the period before taxes | 9903 | €4,161,169 | €1,744,779 | -€2.4m | -58.1% |
| Income taxes | 67/77 | €603,313 | €299,087 | -€304,226 | -50.4% |
| Taxes | 670/3 | €603,313 | €299,087 | -€304,226 | -50.4% |
| Profit (loss) for the period | 9904 | €3,557,856 | €1,445,691 | -€2.1m | -59.4% |
| Transfer from tax-exempt reserves | 789 | €105,250 | - | -€105,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,663,106 | €1,445,691 | -€2.2m | -60.5% |
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 12 October 2026 via checked.be.