ROYEN - 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.
ROYEN - AGRI
Largest movements
- Stocks and contracts -€82,620
down €82,620 (-39.5%), from €209,253 to €126,633
- Receivables within one year -€65,859
down €65,859 (-11.0%), from €600,124 to €534,265
of which Trade receivables: -€63,734
- Cash +€42,342
up €42,342 (+25.8%), from €163,911 to €206,253
mainly Stocks and contracts (+€82,620) and Receivables within one year (+€65,859)
- Deferred charges and accrued income +€21,000
up €21,000 (+7,422%), from €283 to €21,283
- Short-term financial debts -€75,000
down €75,000 (-37.5%), from €200,000 to €125,000
- Trade debts +€24,087
up €24,087 (+9.1%), from €265,773 to €289,860
- Tax, wage and social debts -€21,049
down €21,049 (-82.6%), from €25,470 to €4,421
- Current portion of long-term debt -€10,130
down €10,130 (-91.6%), from €11,054 to €925
- Gross operating margin -€100,614
down €100,614 (-45.3%), from €222,345 to €121,730
- Taxes -€26,228
down €26,228 (-55.2%), from €47,519 to €21,292
- Depreciation -€5,381
down €5,381 (-20.6%), from €26,101 to €20,720
- Financial income +€3,809
up €3,809 (+1,404%), from €271 to €4,081
- Financial charges -€2,250
down €2,250 (-9.8%), from €22,899 to €20,649
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 | €1,012,459 | €931,297 | -€81,162 | -8.0% |
| Fixed assets | 21/28 | €38,867 | €42,841 | +€3,975 | +10.2% |
| Intangible fixed assets | 21 | €20,994 | €30,999 | +€10,005 | +47.7% |
| Tangible fixed assets | 22/27 | €17,873 | €11,843 | -€6,030 | -33.7% |
| Plant, machinery and equipment | 23 | €6,280 | €11,296 | +€5,016 | +79.9% |
| Furniture and vehicles | 24 | €11,593 | €547 | -€11,046 | -95.3% |
| Current assets | 29/58 | €973,593 | €888,456 | -€85,137 | -8.7% |
| Stocks and contracts in progress | 3 | €209,253 | €126,633 | -€82,620 | -39.5% |
| Stocks | 30/36 | €209,253 | €126,633 | -€82,620 | -39.5% |
| Amounts receivable within one year | 40/41 | €600,124 | €534,265 | -€65,859 | -11.0% |
| Trade receivables | 40 | €594,945 | €531,212 | -€63,734 | -10.7% |
| Other amounts receivable | 41 | €5,178 | €3,053 | -€2,126 | -41.0% |
| Current investments | 50/53 | €23 | €23 | +€0 | +0.5% |
| Cash at bank and in hand | 54/58 | €163,911 | €206,253 | +€42,342 | +25.8% |
| Deferred charges and accrued income | 490/1 | €283 | €21,283 | +€21,000 | +7,422% |
| Total equity and liabilities | 10/49 | €1,012,459 | €931,297 | -€81,162 | -8.0% |
| Equity | 10/15 | €449,237 | €451,091 | +€1,854 | +0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €428,777 | €430,631 | +€1,854 | +0.4% |
| Amounts payable | 17/49 | €563,222 | €480,206 | -€83,016 | -14.7% |
| Amounts payable after more than one year | 17 | €925 | - | -€925 | |
| Financial debts | 170/4 | €925 | - | -€925 | |
| Amounts payable within one year | 42/48 | €562,297 | €480,206 | -€82,091 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €11,054 | €925 | -€10,130 | -91.6% |
| Financial debts | 43 | €200,000 | €125,000 | -€75,000 | -37.5% |
| Credit institutions | 430/8 | €200,000 | €125,000 | -€75,000 | -37.5% |
| Trade debts | 44 | €265,773 | €289,860 | +€24,087 | +9.1% |
| Suppliers | 440/4 | €265,773 | €289,860 | +€24,087 | +9.1% |
| Taxes, remuneration and social security | 45 | €25,470 | €4,421 | -€21,049 | -82.6% |
| Taxes | 450/3 | €25,470 | €4,421 | -€21,049 | -82.6% |
| Other amounts payable | 47/48 | €60,000 | €60,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,101 | €20,720 | -€5,381 | -20.6% |
| Other operating charges | 640/8 | €2,538 | €1,296 | -€1,242 | -48.9% |
| Gross operating margin | 9900 | €222,345 | €121,730 | -€100,614 | -45.3% |
| Operating profit (loss) | 9901 | €193,706 | €99,714 | -€93,992 | -48.5% |
| Financial income | 75/76B | €271 | €4,081 | +€3,809 | +1,404% |
| Recurring financial income | 75 | €271 | €4,081 | +€3,809 | +1,404% |
| Financial charges | 65/66B | €22,899 | €20,649 | -€2,250 | -9.8% |
| Recurring financial charges | 65 | €22,899 | €20,649 | -€2,250 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €171,079 | €83,146 | -€87,933 | -51.4% |
| Income taxes | 67/77 | €47,519 | €21,292 | -€26,228 | -55.2% |
| Profit (loss) for the period | 9904 | €123,559 | €61,854 | -€61,705 | -49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €123,559 | €61,854 | -€61,705 | -49.9% |
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 31 October 2026 via checked.be.