In the present article, an attempt was made to assess the organization of production and economic results of agricultural holdings that realized investments subsidized with public funds, from the perspective of good agricultural practice. Agricultural holdings in the Podlaskie voivodeship registered in the FADN system in 2011–2012 were investigated. Assessment accounted for crop structure, stock density, production intensity, the value and structure of capital, and profi tableness of land, capital, and labour. Analysis showed that holdings benefi ting from subsidization of investments with public funds were characterized by greater production intensity and also achieved better economic results. However, they exerted greater pressure on the environment and posed hazards that mainly resulted from high stock density.