DE LOECKER: 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.
What changed
DE LOECKER
NACE 10.840, Manufacture of food products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1,126
2024 · €2,679-€1,553
Equity
€154,045
2024 · €152,919+€1,126
Cash
€102,335
2024 · €98,864+€3,471
Balance sheet total
€486,362
2024 · €520,744-€34,382
Largest movements
Assets
- Receivables within one year -€23,177
down €23,177 (-10.1%), from €229,704 to €206,527
of which Trade receivables: -€28,203
- Stocks and contracts -€12,287
down €12,287 (-7.4%), from €166,452 to €154,164
Equity and liabilities
- Trade debts -€61,881
down €61,881 (-25.3%), from €245,017 to €183,135
- Short-term financial debts +€25,000
up €25,000 (+29.4%), from €85,000 to €110,000
Income statement
- Staff costs +€8,757
up €8,757 (+6.3%), from €139,773 to €148,530
- Gross operating margin +€6,955
up €6,955 (+4.3%), from €163,452 to €170,408
- Depreciation -€2,281
down €2,281 (-52.5%), from €4,347 to €2,066
- Financial charges +€2,206
up €2,206 (+24.8%), from €8,890 to €11,095
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.
Result 2024
€2,679
Gross operating margin
+€6,955
Staff costs
-€8,757
Depreciation
+€2,281
Write-downs
+€434
Other operating charges
+€103
Financial income
+€345
Financial charges
-€2,206
Taxes
-€709
Result 2025
€1,126
raises the resultlowers the result
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.
From operations
-€19,941
Investment
-€1,588
Financing
+€25,000
Cash 2024
€98,864
From operations (derived)
-€19,941
Net result for the year
+€1,126
Depreciation
+€2,066
Stocks and contracts
+€12,287
Receivables within one year
+€23,177
Deferred charges and accrued income
+€1,910
Trade debts
-€61,881
Tax, wage and social debts
-€2,493
Other debts
+€2,427
Accrued charges and deferred income
+€1,439
Investment (derived)
-€1,588
Investment in fixed assets (net)
-€1,588
Financing
+€25,000
Short-term financial debts
+€25,000
Cash 2025
€102,335
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €520,744 | €486,362 | -€34,382 | -6.6% |
| Fixed assets | 21/28 | €13,895 | €13,417 | -€478 | -3.4% |
| Tangible fixed assets | 22/27 | €12,395 | €11,917 | -€478 | -3.9% |
| Plant, machinery and equipment | 23 | €5,505 | €4,662 | -€843 | -15.3% |
| Furniture and vehicles | 24 | €4,772 | €5,358 | +€586 | +12.3% |
| Other tangible fixed assets | 26 | €2,118 | €1,897 | -€221 | -10.4% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €506,849 | €472,946 | -€33,903 | -6.7% |
| Stocks and contracts in progress | 3 | €166,452 | €154,164 | -€12,287 | -7.4% |
| Stocks | 30/36 | €166,452 | €154,164 | -€12,287 | -7.4% |
| Amounts receivable within one year | 40/41 | €229,704 | €206,527 | -€23,177 | -10.1% |
| Trade receivables | 40 | €213,756 | €185,552 | -€28,203 | -13.2% |
| Other amounts receivable | 41 | €15,948 | €20,974 | +€5,026 | +31.5% |
| Cash at bank and in hand | 54/58 | €98,864 | €102,335 | +€3,471 | +3.5% |
| Deferred charges and accrued income | 490/1 | €11,830 | €9,920 | -€1,910 | -16.1% |
| Total equity and liabilities | 10/49 | €520,744 | €486,362 | -€34,382 | -6.6% |
| Equity | 10/15 | €152,919 | €154,045 | +€1,126 | +0.7% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Contributions outside capital | 11 | €24,789 | - | -€24,789 | |
| Other | 1109/19 | €24,789 | - | -€24,789 | |
| Reserves | 13 | €14,874 | €14,874 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €12,395 | €12,395 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,256 | €114,382 | +€1,126 | +1.0% |
| Amounts payable | 17/49 | €367,825 | €332,317 | -€35,508 | -9.7% |
| Amounts payable within one year | 42/48 | €367,185 | €330,238 | -€36,947 | -10.1% |
| Financial debts | 43 | €85,000 | €110,000 | +€25,000 | +29.4% |
| Credit institutions | 430/8 | €85,000 | €110,000 | +€25,000 | +29.4% |
| Trade debts | 44 | €245,017 | €183,135 | -€61,881 | -25.3% |
| Suppliers | 440/4 | €245,017 | €183,135 | -€61,881 | -25.3% |
| Taxes, remuneration and social security | 45 | €37,169 | €34,676 | -€2,493 | -6.7% |
| Taxes | 450/3 | €13,116 | €9,242 | -€3,874 | -29.5% |
| Remuneration and social security | 454/9 | €24,053 | €25,434 | +€1,381 | +5.7% |
| Other amounts payable | 47/48 | - | €2,427 | +€2,427 | |
| Accrued charges and deferred income | 492/3 | €640 | €2,079 | +€1,439 | +225% |
| Non-recurring operating income | 76A | €3,377 | €0 | -€3,377 | -100% |
| Remuneration, social security and pensions | 62 | €139,773 | €148,530 | +€8,757 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,347 | €2,066 | -€2,281 | -52.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €434 | €0 | -€434 | -100% |
| Other operating charges | 640/8 | €4,050 | €3,947 | -€103 | -2.5% |
| Gross operating margin | 9900 | €163,452 | €170,408 | +€6,955 | +4.3% |
| Operating profit (loss) | 9901 | €14,848 | €15,864 | +€1,017 | +6.8% |
| Financial income | 75/76B | €636 | €981 | +€345 | +54.3% |
| Recurring financial income | 75 | €636 | €981 | +€345 | +54.3% |
| Financial charges | 65/66B | €8,890 | €11,095 | +€2,206 | +24.8% |
| Recurring financial charges | 65 | €8,890 | €11,095 | +€2,206 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | €6,594 | €5,750 | -€843 | -12.8% |
| Income taxes | 67/77 | €3,915 | €4,624 | +€709 | +18.1% |
| Profit (loss) for the period | 9904 | €2,679 | €1,126 | -€1,553 | -58.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,679 | €1,126 | -€1,553 | -58.0% |
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 25 October 2026 via checked.be.