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AGRIM - ESSER: what changed

Two fiscal 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.

What changed

AGRIM - ESSER

BE 0475.660.878
NACE 01.610, Support activities for crop production
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€28,350
2023 · €28,665-€315
Equity
€266,373
2023 · €238,023+€28,350
Cash
€30,652
2023 · €23,389+€7,262
Balance sheet total
€280,899
2023 · €271,419+€9,480

Largest movements

2023 to 2024
Assets
  • Current investments +€31,786

    up €31,786 (+31.8%), from €100,059 to €131,846

  • Receivables within one year -€22,359

    down €22,359 (-22.0%), from €101,479 to €79,121

    of which Other amounts receivable: -€24,210

  • Stocks and contracts -€8,016

    down €8,016 (-19.4%), from €41,270 to €33,254

  • Cash +€7,262

    up €7,262 (+31.0%), from €23,389 to €30,652

    mainly Net result for the year (+€28,350) and Receivables within one year (+€22,359)

Equity and liabilities
  • Reserves +€28,350

    up €28,350 (+16.1%), from €176,023 to €204,373

    of which Distributable reserves: +€28,350

  • Trade debts -€24,166

    down €24,166 (-85.5%), from €28,257 to €4,091

  • Other debts +€6,915

    new in 2024: €6,915

Income statement
  • Financial charges +€5,028

    up €5,028 (+74.6%), from -€6,742 to -€1,715

  • Gross operating margin +€4,699

    up €4,699 (+14.7%), from €31,891 to €36,589

  • Taxes +€1,425

    up €1,425 (+12.6%), from €11,280 to €12,705

  • Financial income +€1,225

    up €1,225 (+37.8%), from €3,239 to €4,465

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €28,665
Gross operating margin +€4,699
Other operating charges +€213
Financial income +€1,225
Financial charges -€5,028
Taxes -€1,425
Result 2024 €28,350

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€39,049
Investment -€31,786
Financing €0
Cash 2023 €23,389
Net result for the year +€28,350
Stocks and contracts +€8,016
Receivables within one year +€22,359
Deferred charges and accrued income -€806
Trade debts -€24,166
Tax, wage and social debts -€1,619
Other debts +€6,915
Current investments -€31,786
Cash 2024 €30,652
Every line side by side 39 lines
Line Code 2023 2024 Change %
Total assets 20/58 €271,419 €280,899 +€9,480 +3.5%
Fixed assets 21/28 €1,701 €1,701 = 0.0%
Financial fixed assets 28 €1,701 €1,701 = 0.0%
Current assets 29/58 €269,718 €279,198 +€9,480 +3.5%
Stocks and contracts in progress 3 €41,270 €33,254 -€8,016 -19.4%
Stocks 30/36 €41,270 €33,254 -€8,016 -19.4%
Amounts receivable within one year 40/41 €101,479 €79,121 -€22,359 -22.0%
Trade receivables 40 €1,140 €2,991 +€1,851 +162.4%
Other amounts receivable 41 €100,339 €76,130 -€24,210 -24.1%
Current investments 50/53 €100,059 €131,846 +€31,786 +31.8%
Cash at bank and in hand 54/58 €23,389 €30,652 +€7,262 +31.0%
Deferred charges and accrued income 490/1 €3,520 €4,326 +€806 +22.9%
Total equity and liabilities 10/49 €271,419 €280,899 +€9,480 +3.5%
Equity 10/15 €238,023 €266,373 +€28,350 +11.9%
Contributions 10/11 €62,000 €62,000 = 0.0%
Capital 10 €62,000 €62,000 = 0.0%
Issued capital 100 €62,000 €62,000 = 0.0%
Reserves 13 €176,023 €204,373 +€28,350 +16.1%
Non-distributable reserves 130/1 €7,368 €7,368 = 0.0%
Legal reserve 130 €7,368 €7,368 = 0.0%
Distributable reserves 133 €168,655 €197,005 +€28,350 +16.8%
Amounts payable 17/49 €33,397 €14,526 -€18,870 -56.5%
Amounts payable within one year 42/48 €33,397 €14,526 -€18,870 -56.5%
Trade debts 44 €28,257 €4,091 -€24,166 -85.5%
Suppliers 440/4 €28,257 €4,091 -€24,166 -85.5%
Taxes, remuneration and social security 45 €5,140 €3,521 -€1,619 -31.5%
Taxes 450/3 €5,140 €3,521 -€1,619 -31.5%
Other amounts payable 47/48 - €6,915 +€6,915
Other operating charges 640/8 €1,927 €1,714 -€213 -11.1%
Gross operating margin 9900 €31,891 €36,589 +€4,699 +14.7%
Operating profit (loss) 9901 €29,964 €34,876 +€4,912 +16.4%
Financial income 75/76B €3,239 €4,465 +€1,225 +37.8%
Recurring financial income 75 €3,239 €4,465 +€1,225 +37.8%
Financial charges 65/66B -€6,742 -€1,715 +€5,028 +74.6%
Recurring financial charges 65 -€6,742 -€1,715 +€5,028 +74.6%
Profit (loss) for the period before taxes 9903 €39,945 €41,055 +€1,109 +2.8%
Income taxes 67/77 €11,280 €12,705 +€1,425 +12.6%
Profit (loss) for the period 9904 €28,665 €28,350 -€315 -1.1%
Profit (loss) for the period to be appropriated 9905 €28,665 €28,350 -€315 -1.1%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.