SIFAGRI: 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.
SIFAGRI
Largest movements
- Tangible fixed assets -€8,229
down €8,229 (-38.0%), from €21,641 to €13,412
of which Plant, machinery and equipment: -€4,988
- Receivables within one year -€5,472
down €5,472 (-7.7%), from €70,963 to €65,491
of which Trade receivables: -€4,070
- Cash +€4,642
up €4,642 (+157%), from €2,949 to €7,591
mainly Depreciation (+€9,654) and Receivables within one year (+€5,472)
- Deferred charges and accrued income +€1,057
up €1,057 (+251%), from €422 to €1,479
- Tax, wage and social debts -€10,334
down €10,334 (-75.6%), from €13,670 to €3,336
- Trade debts +€3,094
up €3,094 (+282%), from €1,096 to €4,190
- Depreciation +€3,590
up €3,590 (+59.2%), from €6,064 to €9,654
- Gross operating margin +€1,826
up €1,826 (+20.1%), from €9,078 to €10,904
- Taxes -€576
down €576 (-29.4%), from €1,956 to €1,380
- Financial charges -€393
down €393 (-81.2%), from €484 to €91
- Other operating charges -€224
down €224 (-29.6%), from €756 to €532
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 | €96,101 | €87,973 | -€8,128 | -8.5% |
| Formation expenses | 20 | €125 | - | -€125 | |
| Fixed assets | 21/28 | €21,641 | €13,412 | -€8,229 | -38.0% |
| Tangible fixed assets | 22/27 | €21,641 | €13,412 | -€8,229 | -38.0% |
| Plant, machinery and equipment | 23 | €13,534 | €8,546 | -€4,988 | -36.9% |
| Furniture and vehicles | 24 | €8,108 | €4,866 | -€3,242 | -40.0% |
| Current assets | 29/58 | €74,334 | €74,561 | +€227 | +0.3% |
| Amounts receivable within one year | 40/41 | €70,963 | €65,491 | -€5,472 | -7.7% |
| Trade receivables | 40 | €69,520 | €65,450 | -€4,070 | -5.9% |
| Other amounts receivable | 41 | €1,443 | €41 | -€1,402 | -97.2% |
| Cash at bank and in hand | 54/58 | €2,949 | €7,591 | +€4,642 | +157% |
| Deferred charges and accrued income | 490/1 | €422 | €1,479 | +€1,057 | +251% |
| Total equity and liabilities | 10/49 | €96,101 | €87,973 | -€8,128 | -8.5% |
| Equity | 10/15 | €50,647 | €49,904 | -€743 | -1.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,647 | €34,904 | -€743 | -2.1% |
| Amounts payable | 17/49 | €45,454 | €38,069 | -€7,385 | -16.2% |
| Amounts payable within one year | 42/48 | €45,454 | €38,069 | -€7,385 | -16.2% |
| Trade debts | 44 | €1,096 | €4,190 | +€3,094 | +282% |
| Suppliers | 440/4 | €1,096 | €4,190 | +€3,094 | +282% |
| Taxes, remuneration and social security | 45 | €13,670 | €3,336 | -€10,334 | -75.6% |
| Taxes | 450/3 | €13,670 | €3,336 | -€10,334 | -75.6% |
| Other amounts payable | 47/48 | €30,687 | €30,543 | -€144 | -0.5% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,064 | €9,654 | +€3,590 | +59.2% |
| Other operating charges | 640/8 | €756 | €532 | -€224 | -29.6% |
| Gross operating margin | 9900 | €9,078 | €10,904 | +€1,826 | +20.1% |
| Operating profit (loss) | 9901 | €2,258 | €718 | -€1,540 | -68.2% |
| Financial income | 75/76B | €0 | €10 | +€10 | |
| Recurring financial income | 75 | €0 | €10 | +€10 | |
| Financial charges | 65/66B | €484 | €91 | -€393 | -81.2% |
| Recurring financial charges | 65 | €484 | €91 | -€393 | -81.2% |
| Profit (loss) for the period before taxes | 9903 | €1,775 | €637 | -€1,138 | -64.1% |
| Income taxes | 67/77 | €1,956 | €1,380 | -€576 | -29.4% |
| Profit (loss) for the period | 9904 | -€181 | -€743 | -€562 | -311% |
| Profit (loss) for the period to be appropriated | 9905 | -€181 | -€743 | -€562 | -311% |
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 19 October 2026 via checked.be.