N4AGRI: 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.
N4AGRI
Largest movements
- Tangible fixed assets +€26,015
up €26,015 (+17.2%), from €150,945 to €176,961
- Receivables within one year +€20,414
up €20,414 (+248.9%), from €8,202 to €28,616
- Cash +€5,385
up €5,385 (+1605.9%), from €335 to €5,720
mainly Debts after one year (+€31,571) and Depreciation (+€22,937)
- Debts after one year +€31,571
up €31,571 (+89.8%), from €35,143 to €66,714
- Accrued charges and deferred income +€13,413
new in 2025: €13,413
- Profit (loss) carried forward +€6,332
up €6,332 (+27.7%), from -€22,849 to -€16,517
- Depreciation -€7,123
down €7,123 (-23.7%), from €30,061 to €22,937
- Turnover +€6,245
up €6,245 (+22.5%), from €27,738 to €33,983
- Financial income +€5,311
up €5,311 (+248.0%), from €2,142 to €7,452
of which Non-recurring financial income: +€7,452
- Purchases and services +€3,303
up €3,303 (+62.3%), from €5,305 to €8,608
- Gross operating margin +€2,942
up €2,942 (+13.1%), from €22,433 to €25,375
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 | €159,720 | €211,534 | +€51,814 | +32.4% |
| Fixed assets | 21/28 | €150,945 | €176,961 | +€26,015 | +17.2% |
| Tangible fixed assets | 22/27 | €150,945 | €176,961 | +€26,015 | +17.2% |
| Plant, machinery and equipment | 23 | €150,945 | €176,961 | +€26,015 | +17.2% |
| Current assets | 29/58 | €8,774 | €34,573 | +€25,799 | +294.0% |
| Amounts receivable within one year | 40/41 | €8,202 | €28,616 | +€20,414 | +248.9% |
| Trade receivables | 40 | €8,202 | €28,616 | +€20,414 | +248.9% |
| Cash at bank and in hand | 54/58 | €335 | €5,720 | +€5,385 | +1605.9% |
| Deferred charges and accrued income | 490/1 | €237 | €238 | +€1 | +0.4% |
| Total equity and liabilities | 10/49 | €159,720 | €211,534 | +€51,814 | +32.4% |
| Equity | 10/15 | -€4,249 | €2,083 | +€6,332 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,849 | -€16,517 | +€6,332 | +27.7% |
| Amounts payable | 17/49 | €163,968 | €209,450 | +€45,482 | +27.7% |
| Amounts payable after more than one year | 17 | €35,143 | €66,714 | +€31,571 | +89.8% |
| Financial debts | 170/4 | €35,143 | €66,714 | +€31,571 | +89.8% |
| Amounts payable within one year | 42/48 | €128,825 | €129,324 | +€498 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €18,014 | €18,929 | +€914 | +5.1% |
| Trade debts | 44 | €384 | - | -€384 | |
| Suppliers | 440/4 | €384 | - | -€384 | |
| Taxes, remuneration and social security | 45 | €567 | €689 | +€122 | +21.6% |
| Taxes | 450/3 | €567 | €689 | +€122 | +21.6% |
| Other amounts payable | 47/48 | €109,861 | €109,706 | -€155 | -0.1% |
| Accrued charges and deferred income | 492/3 | - | €13,413 | +€13,413 | |
| Turnover | 70 | €27,738 | €33,983 | +€6,245 | +22.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,305 | €8,608 | +€3,303 | +62.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,061 | €22,937 | -€7,123 | -23.7% |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | €22,433 | €25,375 | +€2,942 | +13.1% |
| Operating profit (loss) | 9901 | -€7,628 | €2,050 | +€9,678 | |
| Financial income | 75/76B | €2,142 | €7,452 | +€5,311 | +248.0% |
| Recurring financial income | 75 | €2,142 | €7,452 | +€5,311 | +248.0% |
| Non-recurring financial income | 76B | - | €7,452 | +€7,452 | |
| Financial charges | 65/66B | €866 | €3,170 | +€2,304 | +266.0% |
| Recurring financial charges | 65 | €866 | €3,170 | +€2,304 | +266.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,353 | €6,332 | +€12,685 | |
| Profit (loss) for the period | 9904 | -€6,353 | €6,332 | +€12,685 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,353 | €6,332 | +€12,685 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.