SF 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.
SF AGRI
Largest movements
- Tangible fixed assets +€18,138
up €18,138 (+17.8%), from €102,036 to €120,174
of which Furniture and vehicles: +€82,358
- Receivables within one year -€2,822
down €2,822 (-40.6%), from €6,947 to €4,125
of which Trade receivables: -€2,330
- Current portion of long-term debt +€20,960
new in 2025: €20,960
- Debts after one year +€10,585
up €10,585 (+16.2%), from €65,309 to €75,894
- Profit (loss) carried forward -€5,992
down €5,992 (-12.6%), from -€47,734 to -€53,726
- Trade debts -€5,895
down €5,895 (-69.4%), from €8,494 to €2,599
- Other debts -€4,191
down €4,191 (-6.5%), from €64,191 to €60,000
- Turnover -€48,671
no longer reported in 2025 (was €48,671)
- Purchases and services -€19,129
no longer reported in 2025 (was €19,129)
- Depreciation -€1,950
down €1,950 (-5.8%), from €33,612 to €31,662
- Financial charges +€730
up €730 (+21.5%), from €3,401 to €4,131
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 | €109,059 | €124,715 | +€15,655 | +14.4% |
| Fixed assets | 21/28 | €102,036 | €120,174 | +€18,138 | +17.8% |
| Tangible fixed assets | 22/27 | €102,036 | €120,174 | +€18,138 | +17.8% |
| Plant, machinery and equipment | 23 | €102,036 | €37,816 | -€64,220 | -62.9% |
| Furniture and vehicles | 24 | - | €82,358 | +€82,358 | |
| Current assets | 29/58 | €7,023 | €4,541 | -€2,483 | -35.3% |
| Amounts receivable within one year | 40/41 | €6,947 | €4,125 | -€2,822 | -40.6% |
| Trade receivables | 40 | €6,455 | €4,125 | -€2,330 | -36.1% |
| Other amounts receivable | 41 | €492 | - | -€492 | |
| Cash at bank and in hand | 54/58 | €77 | €416 | +€339 | +442% |
| Total equity and liabilities | 10/49 | €109,059 | €124,715 | +€15,655 | +14.4% |
| Equity | 10/15 | -€28,934 | -€34,926 | -€5,992 | -20.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Legal reserve | 130 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,734 | -€53,726 | -€5,992 | -12.6% |
| Amounts payable | 17/49 | €137,994 | €159,641 | +€21,647 | +15.7% |
| Amounts payable after more than one year | 17 | €65,309 | €75,894 | +€10,585 | +16.2% |
| Financial debts | 170/4 | €65,309 | €75,894 | +€10,585 | +16.2% |
| Amounts payable within one year | 42/48 | €72,685 | €83,747 | +€11,062 | +15.2% |
| Current portion of amounts payable after more than one year | 42 | - | €20,960 | +€20,960 | |
| Trade debts | 44 | €8,494 | €2,599 | -€5,895 | -69.4% |
| Suppliers | 440/4 | €8,494 | €2,599 | -€5,895 | -69.4% |
| Taxes, remuneration and social security | 45 | - | €188 | +€188 | |
| Taxes | 450/3 | - | €188 | +€188 | |
| Other amounts payable | 47/48 | €64,191 | €60,000 | -€4,191 | -6.5% |
| Turnover | 70 | €48,671 | - | -€48,671 | |
| Goods, raw materials, services and sundry goods | 60/61 | €19,129 | - | -€19,129 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,612 | €31,662 | -€1,950 | -5.8% |
| Other operating charges | 640/8 | €482 | - | -€482 | |
| Gross operating margin | 9900 | €29,542 | €29,801 | +€260 | +0.9% |
| Operating profit (loss) | 9901 | -€4,553 | -€1,861 | +€2,692 | +59.1% |
| Financial charges | 65/66B | €3,401 | €4,131 | +€730 | +21.5% |
| Recurring financial charges | 65 | €3,401 | €4,131 | +€730 | +21.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,954 | -€5,992 | +€1,962 | +24.7% |
| Income taxes | 67/77 | €158 | - | -€158 | |
| Profit (loss) for the period | 9904 | -€8,112 | -€5,992 | +€2,121 | +26.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,112 | -€5,992 | +€2,121 | +26.1% |
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 23 October 2026 via checked.be.