LA BOUCHERIE: what changed
What changed
LA BOUCHERIE
NACE 10.111, Manufacture of food products
filed annual accounts (NBB)
Net result for the year
-€39,371
2024 · €72,380-€111,750
Equity
€796,561
2024 · €847,712-€51,150
Cash
€109,706
2024 · €566,686-€456,980
Balance sheet total
€10.8m
2024 · €8.4m+€2.4m
Largest movements
Assets
- Stocks and contracts +€1.4m
up €1.4m (+128%), from €1.1m to €2.5m
- Receivables within one year +€1.1m
up €1.1m (+42.9%), from €2.5m to €3.6m
of which Trade receivables: +€1.1m
- Tangible fixed assets +€457,319
up €457,319 (+20.7%), from €2.2m to €2.7m
of which Plant, machinery and equipment: +€387,666
- Cash -€456,980
down €456,980 (-80.6%), from €566,686 to €109,706
mainly Stocks and contracts (-€1.4m) and Receivables within one year (-€1.1m)
- Intangible fixed assets -€187,432
down €187,432 (-10.5%), from €1.8m to €1.6m
Equity and liabilities
- Trade debts +€1.4m
up €1.4m (+54.5%), from €2.6m to €4.0m
- Short-term financial debts +€659,749
up €659,749 (+203%), from €325,191 to €984,939
- Current portion of long-term debt +€152,041
up €152,041 (+23.5%), from €647,591 to €799,632
- Debts after one year +€129,845
up €129,845 (+3.8%), from €3.4m to €3.5m
of which Financial debts: +€247,845
Income statement
- Depreciation +€209,946
up €209,946 (+47.9%), from €438,751 to €648,697
- Gross operating margin +€154,921
up €154,921 (+4.1%), from €3.8m to €3.9m
- Other operating charges +€98,908
up €98,908 (+187%), from €52,904 to €151,812
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€72,380
Gross operating margin
+€154,921
Staff costs
+€34,711
Depreciation
-€209,946
Other operating charges
-€98,908
Other operating items
-€103
Financial income
+€4,616
Financial charges
-€22,847
Taxes
+€25,620
Deferred taxes and other
+€186
Result 2025
-€39,371
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€467,876
Investment
-€918,959
Financing
+€929,855
Cash 2024
€566,686
From operations (derived)
-€467,876
Net result for the year
-€39,371
Depreciation
+€648,697
Stocks and contracts
-€1.4m
Receivables within one year
-€1.1m
Deferred charges and accrued income
-€33,903
Trade debts
+€1.4m
Tax, wage and social debts
-€63,984
Advances received
+€72,000
Other debts
-€1,363
Accrued charges and deferred income
+€36,000
Investment (derived)
-€918,959
Investment in fixed assets (net)
-€918,959
Financing
+€929,855
Debts after one year
+€129,845
Current portion of long-term debt
+€152,041
Short-term financial debts
+€659,749
Contributions, distributions and other
-€11,780
Cash 2025
€109,706
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,422,534 | €10,783,253 | +€2.4m | +28.0% |
| Fixed assets | 21/28 | €4,157,926 | €4,428,188 | +€270,262 | +6.5% |
| Intangible fixed assets | 21 | €1,780,088 | €1,592,657 | -€187,432 | -10.5% |
| Tangible fixed assets | 22/27 | €2,206,615 | €2,663,933 | +€457,319 | +20.7% |
| Land and buildings | 22 | €358,347 | €470,461 | +€112,114 | +31.3% |
| Plant, machinery and equipment | 23 | €919,087 | €1,306,752 | +€387,666 | +42.2% |
| Furniture and vehicles | 24 | €532,053 | €485,335 | -€46,718 | -8.8% |
| Leasing and similar rights | 25 | €397,128 | €401,385 | +€4,258 | +1.1% |
| Financial fixed assets | 28 | €171,223 | €171,598 | +€375 | +0.2% |
| Current assets | 29/58 | €4,264,608 | €6,355,065 | +€2.1m | +49.0% |
| Stocks and contracts in progress | 3 | €1,113,196 | €2,538,090 | +€1.4m | +128% |
| Stocks | 30/36 | €1,113,196 | €2,538,090 | +€1.4m | +128% |
| Amounts receivable within one year | 40/41 | €2,539,206 | €3,627,845 | +€1.1m | +42.9% |
| Trade receivables | 40 | €2,429,749 | €3,511,121 | +€1.1m | +44.5% |
| Other amounts receivable | 41 | €109,456 | €116,724 | +€7,268 | +6.6% |
| Cash at bank and in hand | 54/58 | €566,686 | €109,706 | -€456,980 | -80.6% |
| Deferred charges and accrued income | 490/1 | €45,521 | €79,424 | +€33,903 | +74.5% |
| Total equity and liabilities | 10/49 | €8,422,534 | €10,783,253 | +€2.4m | +28.0% |
| Equity | 10/15 | €847,712 | €796,561 | -€51,150 | -6.0% |
| Contributions | 10/11 | €382,000 | €382,000 | = | 0.0% |
| Capital | 10 | €382,000 | €382,000 | = | 0.0% |
| Issued capital | 100 | €382,000 | €382,000 | = | 0.0% |
| Revaluation surpluses | 12 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €37,185 | €37,185 | = | 0.0% |
| Non-distributable reserves | 130/1 | €28,073 | €28,073 | = | 0.0% |
| Legal reserve | 130 | €28,073 | €28,073 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,112 | €9,112 | = | 0.0% |
| Profit (loss) carried forward | 14 | €302,602 | €263,231 | -€39,371 | -13.0% |
| Investment grants | 15 | €25,925 | €14,145 | -€11,780 | -45.4% |
| Amounts payable | 17/49 | €7,574,822 | €9,986,692 | +€2.4m | +31.8% |
| Amounts payable after more than one year | 17 | €3,392,209 | €3,522,054 | +€129,845 | +3.8% |
| Financial debts | 170/4 | €2,748,872 | €2,996,717 | +€247,845 | +9.0% |
| Other amounts payable | 178/9 | €643,337 | €525,337 | -€118,000 | -18.3% |
| Amounts payable within one year | 42/48 | €4,171,713 | €6,417,738 | +€2.2m | +53.8% |
| Current portion of amounts payable after more than one year | 42 | €647,591 | €799,632 | +€152,041 | +23.5% |
| Financial debts | 43 | €325,191 | €984,939 | +€659,749 | +203% |
| Credit institutions | 430/8 | €325,191 | €984,939 | +€659,749 | +203% |
| Trade debts | 44 | €2,617,804 | €4,045,387 | +€1.4m | +54.5% |
| Suppliers | 440/4 | €2,617,804 | €4,045,387 | +€1.4m | +54.5% |
| Advances received on contracts in progress | 46 | €17,400 | €89,400 | +€72,000 | +414% |
| Taxes, remuneration and social security | 45 | €562,304 | €498,319 | -€63,984 | -11.4% |
| Taxes | 450/3 | €140,173 | €57,056 | -€83,118 | -59.3% |
| Remuneration and social security | 454/9 | €422,130 | €441,263 | +€19,133 | +4.5% |
| Other amounts payable | 47/48 | €1,424 | €60 | -€1,363 | -95.8% |
| Accrued charges and deferred income | 492/3 | €10,900 | €46,900 | +€36,000 | +330% |
| Non-recurring operating income | 76A | €161 | - | -€161 | |
| Remuneration, social security and pensions | 62 | €2,944,071 | €2,909,359 | -€34,711 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €438,751 | €648,697 | +€209,946 | +47.9% |
| Other operating charges | 640/8 | €52,904 | €151,812 | +€98,908 | +187% |
| Non-recurring operating charges | 66A | - | €103 | +€103 | |
| Gross operating margin | 9900 | €3,782,653 | €3,937,574 | +€154,921 | +4.1% |
| Operating profit (loss) | 9901 | €346,927 | €227,602 | -€119,325 | -34.4% |
| Financial income | 75/76B | €17,291 | €21,907 | +€4,616 | +26.7% |
| Recurring financial income | 75 | €17,291 | €21,907 | +€4,616 | +26.7% |
| Financial charges | 65/66B | €214,297 | €237,144 | +€22,847 | +10.7% |
| Recurring financial charges | 65 | €214,211 | €237,144 | +€22,933 | +10.7% |
| Non-recurring financial charges | 66B | €86 | - | -€86 | |
| Profit (loss) for the period before taxes | 9903 | €149,921 | €12,365 | -€137,556 | -91.8% |
| Transfer to deferred taxes | 680 | €186 | - | -€186 | |
| Income taxes | 67/77 | €77,356 | €51,736 | -€25,620 | -33.1% |
| Profit (loss) for the period | 9904 | €72,380 | -€39,371 | -€111,750 | |
| Profit (loss) for the period to be appropriated | 9905 | €72,380 | -€39,371 | -€111,750 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.