L&G FRUIT SERVICES: 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
L&G FRUIT SERVICES
NACE 01.630, Crop and animal production, hunting and related service activities
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€137,001
2023 · €123,691+€13,311
Equity
€436,376
2023 · €433,166+€3,210
Cash
€7,336
2023 · €284,270-€276,934
Balance sheet total
€12.3m
2023 · €9.2m+€3.1m
Largest movements
Assets
- Receivables within one year +€2.6m
up €2.6m (+44.7%), from €5.9m to €8.5m
of which Trade receivables: +€2.4m
- Stocks and contracts +€1.2m
up €1.2m (+144%), from €827,485 to €2.0m
- Receivables after one year -€307,792
down €307,792 (-26.5%), from €1.2m to €855,427
- Cash -€276,934
down €276,934 (-97.4%), from €284,270 to €7,336
mainly Receivables within one year (-€2.6m) and Stocks and contracts (-€1.2m)
Equity and liabilities
- Trade debts +€2.8m
up €2.8m (+33.3%), from €8.3m to €11.1m
- Debts after one year +€139,949
up €139,949 (+129%), from €108,801 to €248,749
of which Other amounts payable: +€157,328
Income statement
- Turnover +€2.3m
up €2.3m (+13.6%), from €16.8m to €19.1m
- Goods and materials +€2.2m
up €2.2m (+14.1%), from €15.2m to €17.4m
of which Purchases: +€2.8m
- Services and other goods +€252,237
up €252,237 (+16.1%), from €1.6m to €1.8m
From the 2023 result to the 2024 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
€123,691
Turnover
+€2.3m
Other operating income
+€69,733
Goods and materials
-€2.2m
Services and other goods
-€252,237
Staff costs
-€1,824
Depreciation
+€10,424
Other operating charges
+€39,115
Financial income
+€16,299
Financial charges
+€14,896
Taxes
-€9,150
Result 2024
€137,001
raises the resultlowers the result
Derived cash bridge
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
-€134,379
Investment
-€204,303
Financing
+€61,748
Cash 2023
€284,270
From operations (derived)
-€134,379
Net result for the year
+€137,001
Depreciation
+€322,905
Receivables after one year
+€307,792
Stocks and contracts
-€1.2m
Receivables within one year
-€2.6m
Deferred charges and accrued income
-€1,276
Trade debts
+€2.8m
Tax, wage and social debts
+€54,157
Other debts
+€121,654
Accrued charges and deferred income
-€42,048
Investment (derived)
-€204,303
Investment in fixed assets (net)
-€204,303
Financing
+€61,748
Debts after one year
+€139,949
Current portion of long-term debt
+€5,530
Short-term financial debts
+€50,061
Contributions, distributions and other
-€133,792
Cash 2024
€7,336
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,212,537 | €12,317,969 | +€3.1m | +33.7% |
| Fixed assets | 21/28 | €1,059,147 | €940,544 | -€118,603 | -11.2% |
| Tangible fixed assets | 22/27 | €1,046,747 | €928,144 | -€118,603 | -11.3% |
| Land and buildings | 22 | €3,443 | €40,031 | +€36,589 | +1,063% |
| Plant, machinery and equipment | 23 | €742,932 | €632,380 | -€110,552 | -14.9% |
| Furniture and vehicles | 24 | €155,354 | €159,665 | +€4,311 | +2.8% |
| Leasing and similar rights | 25 | €145,018 | €96,068 | -€48,950 | -33.8% |
| Financial fixed assets | 28 | €12,400 | €12,400 | = | 0.0% |
| Affiliated companies | 280/1 | €12,400 | €12,400 | = | 0.0% |
| Participating interests | 280 | €12,400 | €12,400 | = | 0.0% |
| Current assets | 29/58 | €8,153,390 | €11,377,425 | +€3.2m | +39.5% |
| Amounts receivable after more than one year | 29 | €1,163,220 | €855,427 | -€307,792 | -26.5% |
| Other amounts receivable | 291 | €1,163,220 | €855,427 | -€307,792 | -26.5% |
| Stocks and contracts in progress | 3 | €827,485 | €2,020,697 | +€1.2m | +144% |
| Stocks | 30/36 | €827,485 | €2,020,697 | +€1.2m | +144% |
| Goods purchased for resale | 34 | €827,485 | €2,020,697 | +€1.2m | +144% |
| Amounts receivable within one year | 40/41 | €5,850,673 | €8,464,945 | +€2.6m | +44.7% |
| Trade receivables | 40 | €5,610,882 | €8,008,224 | +€2.4m | +42.7% |
| Other amounts receivable | 41 | €239,791 | €456,722 | +€216,931 | +90.5% |
| Current investments | 50/53 | €3,320 | €3,320 | = | 0.0% |
| Other investments | 51/53 | €3,320 | €3,320 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €284,270 | €7,336 | -€276,934 | -97.4% |
| Deferred charges and accrued income | 490/1 | €24,423 | €25,699 | +€1,276 | +5.2% |
| Total equity and liabilities | 10/49 | €9,212,537 | €12,317,969 | +€3.1m | +33.7% |
| Equity | 10/15 | €433,166 | €436,376 | +€3,210 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €414,566 | €417,776 | +€3,210 | +0.8% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Other | 1319 | €1,860 | €0 | -€1,860 | -100% |
| Tax-exempt reserves | 132 | €1,440 | €1,440 | = | 0.0% |
| Distributable reserves | 133 | €411,267 | €416,336 | +€5,070 | +1.2% |
| Amounts payable | 17/49 | €8,779,371 | €11,881,594 | +€3.1m | +35.3% |
| Amounts payable after more than one year | 17 | €108,801 | €248,749 | +€139,949 | +129% |
| Financial debts | 170/4 | €66,129 | €48,749 | -€17,379 | -26.3% |
| Leasing and similar obligations | 172 | €57,789 | €20,013 | -€37,775 | -65.4% |
| Credit institutions | 173 | €8,340 | €28,736 | +€20,396 | +245% |
| Other amounts payable | 178/9 | €42,672 | €200,000 | +€157,328 | +369% |
| Amounts payable within one year | 42/48 | €8,589,223 | €11,593,545 | +€3.0m | +35.0% |
| Current portion of amounts payable after more than one year | 42 | €76,121 | €81,652 | +€5,530 | +7.3% |
| Financial debts | 43 | €50,000 | €100,061 | +€50,061 | +100% |
| Credit institutions | 430/8 | €50,000 | €100,061 | +€50,061 | +100% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €8,331,062 | €11,103,982 | +€2.8m | +33.3% |
| Suppliers | 440/4 | €8,331,062 | €11,103,982 | +€2.8m | +33.3% |
| Taxes, remuneration and social security | 45 | €52,685 | €106,842 | +€54,157 | +103% |
| Taxes | 450/3 | €52,685 | €106,842 | +€54,157 | +103% |
| Other amounts payable | 47/48 | €79,354 | €201,008 | +€121,654 | +153% |
| Accrued charges and deferred income | 492/3 | €81,347 | €39,299 | -€42,048 | -51.7% |
| Operating income | 70/76A | €17,417,893 | €19,770,851 | +€2.4m | +13.5% |
| Turnover | 70 | €16,837,160 | €19,120,384 | +€2.3m | +13.6% |
| Other operating income | 74 | €580,733 | €650,466 | +€69,733 | +12.0% |
| Operating charges | 60/66A | €17,222,188 | €19,583,880 | +€2.4m | +13.7% |
| Goods for resale, raw materials and consumables | 60 | €15,247,099 | €17,404,268 | +€2.2m | +14.1% |
| Purchases | 600/8 | €15,828,585 | €18,597,481 | +€2.8m | +17.5% |
| Change in stocks: decrease (increase) | 609 | -€581,486 | -€1,193,212 | -€611,726 | -105% |
| Services and other goods | 61 | €1,564,384 | €1,816,621 | +€252,237 | +16.1% |
| Remuneration, social security and pensions | 62 | €776 | €2,600 | +€1,824 | +235% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €333,329 | €322,905 | -€10,424 | -3.1% |
| Other operating charges | 640/8 | €76,600 | €37,485 | -€39,115 | -51.1% |
| Operating profit (loss) | 9901 | €195,705 | €186,971 | -€8,734 | -4.5% |
| Financial income | 75/76B | €13,291 | €29,590 | +€16,299 | +123% |
| Recurring financial income | 75 | €13,291 | €29,590 | +€16,299 | +123% |
| Income from current assets | 751 | - | €25,906 | +€25,906 | |
| Other financial income | 752/9 | €13,291 | €3,685 | -€9,607 | -72.3% |
| Financial charges | 65/66B | €34,421 | €19,526 | -€14,896 | -43.3% |
| Recurring financial charges | 65 | €34,421 | €19,526 | -€14,896 | -43.3% |
| Debt charges | 650 | €24,624 | €9,390 | -€15,233 | -61.9% |
| Other financial charges | 652/9 | €9,798 | €10,136 | +€338 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €174,575 | €197,036 | +€22,461 | +12.9% |
| Income taxes | 67/77 | €50,884 | €60,034 | +€9,150 | +18.0% |
| Taxes | 670/3 | €50,884 | €60,034 | +€9,150 | +18.0% |
| Profit (loss) for the period | 9904 | €123,691 | €137,001 | +€13,311 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €123,691 | €137,001 | +€13,311 | +10.8% |
Source: filed annual accounts (NBB), financial 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 October 2026 via checked.be.