WVT 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.
WVT AGRI
Largest movements
- Receivables within one year +€194,136
up €194,136 (+49.8%), from €390,184 to €584,320
of which Trade receivables: +€207,311
- Stocks and contracts -€178,276
down €178,276 (-30.9%), from €576,414 to €398,138
- Cash -€39,549
down €39,549 (-66.2%), from €59,752 to €20,204
mainly Receivables within one year (-€194,136) and Net result for the year (-€91,192)
- Tangible fixed assets +€13,676
up €13,676 (+12.5%), from €109,269 to €122,945
of which Furniture and vehicles: +€20,634
- Profit (loss) carried forward -€91,192
down €91,192 (-24.5%), from €372,239 to €281,047
- Trade debts -€86,683
down €86,683 (-26.9%), from €321,657 to €234,975
- Short-term financial debts +€73,371
up €73,371 (+95.7%), from €76,629 to €150,000
- Debts after one year +€52,364
up €52,364 (+137%), from €38,315 to €90,679
- Current portion of long-term debt +€24,932
new in 2025: €24,932
- Other operating charges -€76,622
down €76,622 (-94.1%), from €81,455 to €4,833
- Gross operating margin -€70,695
down €70,695 (-32.5%), from €217,266 to €146,571
- Taxes -€22,764
down €22,764 (-100.0%), from €22,768 to €5
- Write-downs +€21,290
up €21,290 (+59.3%), from -€35,927 to -€14,637
- Financial charges +€8,658
up €8,658 (+43.9%), from €19,707 to €28,365
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 | €1,143,423 | €1,132,296 | -€11,127 | -1.0% |
| Fixed assets | 21/28 | €110,981 | €123,833 | +€12,852 | +11.6% |
| Intangible fixed assets | 21 | €1,712 | €888 | -€825 | -48.2% |
| Tangible fixed assets | 22/27 | €109,269 | €122,945 | +€13,676 | +12.5% |
| Land and buildings | 22 | €87,146 | €85,229 | -€1,917 | -2.2% |
| Plant, machinery and equipment | 23 | €20,547 | €15,506 | -€5,040 | -24.5% |
| Furniture and vehicles | 24 | €1,576 | €22,210 | +€20,634 | +1,309% |
| Current assets | 29/58 | €1,032,442 | €1,008,463 | -€23,979 | -2.3% |
| Stocks and contracts in progress | 3 | €576,414 | €398,138 | -€178,276 | -30.9% |
| Stocks | 30/36 | €576,414 | €398,138 | -€178,276 | -30.9% |
| Amounts receivable within one year | 40/41 | €390,184 | €584,320 | +€194,136 | +49.8% |
| Trade receivables | 40 | €325,660 | €532,971 | +€207,311 | +63.7% |
| Other amounts receivable | 41 | €64,524 | €51,349 | -€13,175 | -20.4% |
| Cash at bank and in hand | 54/58 | €59,752 | €20,204 | -€39,549 | -66.2% |
| Deferred charges and accrued income | 490/1 | €6,092 | €5,801 | -€290 | -4.8% |
| Total equity and liabilities | 10/49 | €1,143,423 | €1,132,296 | -€11,127 | -1.0% |
| Equity | 10/15 | €522,596 | €431,404 | -€91,192 | -17.4% |
| Contributions | 10/11 | €136,341 | €136,341 | = | 0.0% |
| Contributions outside capital | 11 | €136,341 | - | -€136,341 | |
| Other | 1109/19 | €136,341 | - | -€136,341 | |
| Reserves | 13 | €14,016 | €14,016 | = | 0.0% |
| Distributable reserves | 133 | €14,016 | €14,016 | = | 0.0% |
| Profit (loss) carried forward | 14 | €372,239 | €281,047 | -€91,192 | -24.5% |
| Amounts payable | 17/49 | €620,827 | €700,892 | +€80,065 | +12.9% |
| Amounts payable after more than one year | 17 | €38,315 | €90,679 | +€52,364 | +137% |
| Financial debts | 170/4 | €38,315 | €90,679 | +€52,364 | +137% |
| Amounts payable within one year | 42/48 | €575,702 | €598,832 | +€23,130 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | - | €24,932 | +€24,932 | |
| Financial debts | 43 | €76,629 | €150,000 | +€73,371 | +95.7% |
| Credit institutions | 430/8 | €76,629 | €150,000 | +€73,371 | +95.7% |
| Trade debts | 44 | €321,657 | €234,975 | -€86,683 | -26.9% |
| Suppliers | 440/4 | €321,657 | €234,975 | -€86,683 | -26.9% |
| Taxes, remuneration and social security | 45 | €23,961 | €42,511 | +€18,550 | +77.4% |
| Taxes | 450/3 | €11,425 | €28,226 | +€16,801 | +147% |
| Remuneration and social security | 454/9 | €12,536 | €14,284 | +€1,749 | +13.9% |
| Other amounts payable | 47/48 | €153,454 | €146,415 | -€7,039 | -4.6% |
| Accrued charges and deferred income | 492/3 | €6,811 | €11,381 | +€4,570 | +67.1% |
| Non-recurring operating income | 76A | €17,064 | - | -€17,064 | |
| Remuneration, social security and pensions | 62 | €108,514 | €114,529 | +€6,015 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,077 | €10,148 | +€3,071 | +43.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€35,927 | -€14,637 | +€21,290 | +59.3% |
| Other operating charges | 640/8 | €81,455 | €4,833 | -€76,622 | -94.1% |
| Non-recurring operating charges | 66A | - | €104,665 | +€104,665 | |
| Gross operating margin | 9900 | €217,266 | €146,571 | -€70,695 | -32.5% |
| Operating profit (loss) | 9901 | €56,146 | -€72,968 | -€129,114 | |
| Financial income | 75/76B | €2,189 | €10,145 | +€7,957 | +364% |
| Recurring financial income | 75 | €2,189 | €10,145 | +€7,957 | +364% |
| Financial charges | 65/66B | €19,707 | €28,365 | +€8,658 | +43.9% |
| Recurring financial charges | 65 | €19,707 | €28,365 | +€8,658 | +43.9% |
| Profit (loss) for the period before taxes | 9903 | €38,628 | -€91,187 | -€129,815 | |
| Transfer from deferred taxes | 780 | €12,951 | - | -€12,951 | |
| Income taxes | 67/77 | €22,768 | €5 | -€22,764 | -100.0% |
| Profit (loss) for the period | 9904 | €28,810 | -€91,192 | -€120,002 | |
| Transfer from tax-exempt reserves | 789 | €38,852 | - | -€38,852 | |
| Profit (loss) for the period to be appropriated | 9905 | €67,662 | -€91,192 | -€158,854 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.