Boucherie Letroye: 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.
Boucherie Letroye
Largest movements
- Tangible fixed assets -€23,270
down €23,270 (-9.2%), from €253,091 to €229,821
of which Plant, machinery and equipment: -€15,092
- Receivables within one year +€8,201
up €8,201 (+60.4%), from €13,577 to €21,778
of which Trade receivables: +€8,334
- Cash +€5,373
up €5,373 (+19.8%), from €27,140 to €32,513
mainly Depreciation (+€37,073) and Net result for the year (+€9,656)
- Stocks and contracts -€3,534
down €3,534 (-18.0%), from €19,672 to €16,138
- Debts after one year -€18,904
down €18,904 (-10.2%), from €185,115 to €166,211
- Profit (loss) carried forward +€9,656
up €9,656, from -€2,325 to €7,331
- Current portion of long-term debt -€7,932
down €7,932 (-29.6%), from €26,836 to €18,904
- Other debts +€6,804
up €6,804 (+15.2%), from €44,885 to €51,689
- Tax, wage and social debts -€3,428
down €3,428 (-27.8%), from €12,335 to €8,907
of which Remuneration and social security: -€4,205
- Gross operating margin +€42,245
up €42,245 (+54.8%), from €77,102 to €119,347
- Staff costs +€4,696
up €4,696 (+8.2%), from €57,377 to €62,073
- Financial charges +€1,255
up €1,255 (+28.8%), from €4,362 to €5,617
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 | €313,803 | €300,584 | -€13,219 | -4.2% |
| Fixed assets | 21/28 | €253,341 | €230,071 | -€23,270 | -9.2% |
| Tangible fixed assets | 22/27 | €253,091 | €229,821 | -€23,270 | -9.2% |
| Land and buildings | 22 | €133,869 | €131,250 | -€2,619 | -2.0% |
| Plant, machinery and equipment | 23 | €113,552 | €98,460 | -€15,092 | -13.3% |
| Furniture and vehicles | 24 | €5,670 | €111 | -€5,559 | -98.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €60,462 | €70,513 | +€10,051 | +16.6% |
| Stocks and contracts in progress | 3 | €19,672 | €16,138 | -€3,534 | -18.0% |
| Stocks | 30/36 | €19,672 | €16,138 | -€3,534 | -18.0% |
| Amounts receivable within one year | 40/41 | €13,577 | €21,778 | +€8,201 | +60.4% |
| Trade receivables | 40 | €4,170 | €12,504 | +€8,334 | +200% |
| Other amounts receivable | 41 | €9,407 | €9,274 | -€133 | -1.4% |
| Cash at bank and in hand | 54/58 | €27,140 | €32,513 | +€5,373 | +19.8% |
| Deferred charges and accrued income | 490/1 | €73 | €84 | +€11 | +15.1% |
| Total equity and liabilities | 10/49 | €313,803 | €300,584 | -€13,219 | -4.2% |
| Equity | 10/15 | €8,675 | €18,331 | +€9,656 | +111% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,325 | €7,331 | +€9,656 | |
| Amounts payable | 17/49 | €305,128 | €282,253 | -€22,875 | -7.5% |
| Amounts payable after more than one year | 17 | €185,115 | €166,211 | -€18,904 | -10.2% |
| Financial debts | 170/4 | €185,115 | €166,211 | -€18,904 | -10.2% |
| Amounts payable within one year | 42/48 | €120,013 | €116,042 | -€3,971 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €26,836 | €18,904 | -€7,932 | -29.6% |
| Financial debts | 43 | €1,333 | €1,358 | +€25 | +1.9% |
| Credit institutions | 430/8 | €1,333 | €1,358 | +€25 | +1.9% |
| Trade debts | 44 | €34,624 | €35,184 | +€560 | +1.6% |
| Suppliers | 440/4 | €34,624 | €35,184 | +€560 | +1.6% |
| Taxes, remuneration and social security | 45 | €12,335 | €8,907 | -€3,428 | -27.8% |
| Taxes | 450/3 | €276 | €1,053 | +€777 | +282% |
| Remuneration and social security | 454/9 | €12,059 | €7,854 | -€4,205 | -34.9% |
| Other amounts payable | 47/48 | €44,885 | €51,689 | +€6,804 | +15.2% |
| Remuneration, social security and pensions | 62 | €57,377 | €62,073 | +€4,696 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,622 | €37,073 | +€451 | +1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,046 | - | -€1,046 | |
| Other operating charges | 640/8 | €3,993 | €5,140 | +€1,147 | +28.7% |
| Gross operating margin | 9900 | €77,102 | €119,347 | +€42,245 | +54.8% |
| Operating profit (loss) | 9901 | -€21,936 | €15,061 | +€36,997 | |
| Financial income | 75/76B | €421 | €212 | -€209 | -49.6% |
| Recurring financial income | 75 | €421 | €212 | -€209 | -49.6% |
| Financial charges | 65/66B | €4,362 | €5,617 | +€1,255 | +28.8% |
| Recurring financial charges | 65 | €4,362 | €5,617 | +€1,255 | +28.8% |
| Profit (loss) for the period before taxes | 9903 | -€25,877 | €9,656 | +€35,533 | |
| Profit (loss) for the period | 9904 | -€25,877 | €9,656 | +€35,533 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,877 | €9,656 | +€35,533 |
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 28 October 2026 via checked.be.