La Cave du Fromager: what changed
What changed
La Cave du Fromager
NACE 47.271, Retail trade
filed annual accounts (NBB)
Net result for the year
€3,674
2024 · €5,416-€1,742
Equity
€72,857
2024 · €94,698-€21,841
Cash
€164,427
2024 · €141,725+€22,702
Balance sheet total
€405,346
2024 · €424,286-€18,940
Largest movements
Assets
- Tangible fixed assets -€32,197
down €32,197 (-14.6%), from €221,257 to €189,060
- Cash +€22,702
up €22,702 (+16.0%), from €141,725 to €164,427
mainly Depreciation (+€44,331) and Other debts (+€31,444)
- Receivables within one year -€7,582
down €7,582 (-41.6%), from €18,216 to €10,633
of which Trade receivables: -€9,416
- Intangible fixed assets -€6,250
down €6,250 (-39.5%), from €15,833 to €9,583
- Stocks and contracts +€4,468
up €4,468 (+16.6%), from €26,971 to €31,439
Equity and liabilities
- Other debts +€31,444
up €31,444 (+259%), from €12,128 to €43,572
- Debts after one year -€22,515
down €22,515 (-11.1%), from €202,333 to €179,818
- Reserves -€21,841
down €21,841 (-29.0%), from €75,361 to €53,520
Income statement
- Gross operating margin -€4,753
down €4,753 (-5.7%), from €82,825 to €78,072
- Staff costs -€3,261
down €3,261 (-15.5%), from €21,056 to €17,795
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
€5,416
Gross operating margin
-€4,753
Staff costs
+€3,261
Depreciation
-€695
Write-downs
-€318
Other operating charges
-€398
Financial income
+€158
Financial charges
+€450
Taxes
+€553
Result 2025
€3,674
raises the resultlowers the result
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
+€77,175
Investment
-€5,884
Financing
-€48,589
Cash 2024
€141,725
From operations (derived)
+€77,175
Net result for the year
+€3,674
Depreciation
+€44,331
Stocks and contracts
-€4,468
Receivables within one year
+€7,582
Smaller working-capital items
+€108
Trade debts
-€3,846
Tax, wage and social debts
-€1,649
Other debts
+€31,444
Investment (derived)
-€5,884
Investment in fixed assets (net)
-€5,884
Financing
-€48,589
Debts after one year
-€22,515
Current portion of long-term debt
-€559
Contributions, distributions and other
-€25,515
Cash 2025
€164,427
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €424,286 | €405,346 | -€18,940 | -4.5% |
| Fixed assets | 21/28 | €237,163 | €198,717 | -€38,447 | -16.2% |
| Intangible fixed assets | 21 | €15,833 | €9,583 | -€6,250 | -39.5% |
| Tangible fixed assets | 22/27 | €221,257 | €189,060 | -€32,197 | -14.6% |
| Land and buildings | 22 | €158,664 | €145,393 | -€13,271 | -8.4% |
| Plant, machinery and equipment | 23 | €22,972 | €16,994 | -€5,978 | -26.0% |
| Furniture and vehicles | 24 | €39,152 | €26,673 | -€12,480 | -31.9% |
| Other tangible fixed assets | 26 | €468 | €0 | -€468 | -100% |
| Financial fixed assets | 28 | €73 | €73 | = | 0.0% |
| Current assets | 29/58 | €187,122 | €206,629 | +€19,507 | +10.4% |
| Stocks and contracts in progress | 3 | €26,971 | €31,439 | +€4,468 | +16.6% |
| Stocks | 30/36 | €26,971 | €31,439 | +€4,468 | +16.6% |
| Amounts receivable within one year | 40/41 | €18,216 | €10,633 | -€7,582 | -41.6% |
| Trade receivables | 40 | €15,678 | €6,262 | -€9,416 | -60.1% |
| Other amounts receivable | 41 | €2,538 | €4,372 | +€1,834 | +72.3% |
| Cash at bank and in hand | 54/58 | €141,725 | €164,427 | +€22,702 | +16.0% |
| Deferred charges and accrued income | 490/1 | €211 | €131 | -€80 | -38.0% |
| Total equity and liabilities | 10/49 | €424,286 | €405,346 | -€18,940 | -4.5% |
| Equity | 10/15 | €94,698 | €72,857 | -€21,841 | -23.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €75,361 | €53,520 | -€21,841 | -29.0% |
| Distributable reserves | 133 | €75,361 | €53,520 | -€21,841 | -29.0% |
| Profit (loss) carried forward | 14 | €13,137 | €13,137 | = | 0.0% |
| Amounts payable | 17/49 | €329,588 | €332,489 | +€2,901 | +0.9% |
| Amounts payable after more than one year | 17 | €202,333 | €179,818 | -€22,515 | -11.1% |
| Financial debts | 170/4 | €202,333 | €179,818 | -€22,515 | -11.1% |
| Amounts payable within one year | 42/48 | €126,327 | €151,716 | +€25,389 | +20.1% |
| Current portion of amounts payable after more than one year | 42 | €22,422 | €21,863 | -€559 | -2.5% |
| Trade debts | 44 | €75,853 | €72,007 | -€3,846 | -5.1% |
| Suppliers | 440/4 | €75,853 | €72,007 | -€3,846 | -5.1% |
| Taxes, remuneration and social security | 45 | €15,924 | €14,275 | -€1,649 | -10.4% |
| Taxes | 450/3 | €5,258 | €7,291 | +€2,033 | +38.7% |
| Remuneration and social security | 454/9 | €10,666 | €6,984 | -€3,682 | -34.5% |
| Other amounts payable | 47/48 | €12,128 | €43,572 | +€31,444 | +259% |
| Accrued charges and deferred income | 492/3 | €927 | €955 | +€27 | +2.9% |
| Remuneration, social security and pensions | 62 | €21,056 | €17,795 | -€3,261 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,636 | €44,331 | +€695 | +1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €318 | +€318 | |
| Other operating charges | 640/8 | €2,206 | €2,604 | +€398 | +18.1% |
| Gross operating margin | 9900 | €82,825 | €78,072 | -€4,753 | -5.7% |
| Operating profit (loss) | 9901 | €15,927 | €13,024 | -€2,903 | -18.2% |
| Financial income | 75/76B | €249 | €406 | +€158 | +63.4% |
| Recurring financial income | 75 | €249 | €406 | +€158 | +63.4% |
| Financial charges | 65/66B | €8,070 | €7,620 | -€450 | -5.6% |
| Recurring financial charges | 65 | €8,070 | €7,620 | -€450 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €8,105 | €5,810 | -€2,295 | -28.3% |
| Income taxes | 67/77 | €2,689 | €2,136 | -€553 | -20.6% |
| Profit (loss) for the period | 9904 | €5,416 | €3,674 | -€1,742 | -32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,416 | €3,674 | -€1,742 | -32.2% |
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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 5 November 2026 via checked.be.