La Fleur de Sel: 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.
La Fleur de Sel
Largest movements
- Tangible fixed assets -€82,211
down €82,211 (-7.6%), from €1.1m to €992,520
- Receivables within one year -€48,742
down €48,742 (-81.9%), from €59,539 to €10,797
of which Other amounts receivable: -€46,816
- Cash +€32,113
up €32,113 (+230%), from €13,986 to €46,099
mainly Depreciation (+€92,787) and Receivables within one year (+€48,742)
- Debts after one year -€88,668
down €88,668 (-7.8%), from €1.1m to €1.1m
of which Financial debts: -€88,668
- Profit (loss) carried forward -€13,372
down €13,372 (-5.4%), from -€248,453 to -€261,825
- Staff costs -€64,219
down €64,219 (-39.2%), from €163,729 to €99,509
- Gross operating margin +€49,597
up €49,597 (+33.3%), from €148,938 to €198,536
- Depreciation +€7,001
up €7,001 (+8.2%), from €85,786 to €92,787
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 | €1,169,993 | €1,074,071 | -€95,922 | -8.2% |
| Fixed assets | 21/28 | €1,074,911 | €992,700 | -€82,211 | -7.6% |
| Tangible fixed assets | 22/27 | €1,074,731 | €992,520 | -€82,211 | -7.6% |
| Land and buildings | 22 | €749,363 | €715,867 | -€33,496 | -4.5% |
| Plant, machinery and equipment | 23 | €281,513 | €246,530 | -€34,984 | -12.4% |
| Furniture and vehicles | 24 | €43,855 | €30,123 | -€13,732 | -31.3% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €95,083 | €81,372 | -€13,711 | -14.4% |
| Stocks and contracts in progress | 3 | €20,259 | €21,864 | +€1,605 | +7.9% |
| Stocks | 30/36 | €20,259 | €21,864 | +€1,605 | +7.9% |
| Amounts receivable within one year | 40/41 | €59,539 | €10,797 | -€48,742 | -81.9% |
| Trade receivables | 40 | €11,749 | €9,823 | -€1,926 | -16.4% |
| Other amounts receivable | 41 | €47,790 | €974 | -€46,816 | -98.0% |
| Cash at bank and in hand | 54/58 | €13,986 | €46,099 | +€32,113 | +230% |
| Deferred charges and accrued income | 490/1 | €1,298 | €2,612 | +€1,313 | +101% |
| Total equity and liabilities | 10/49 | €1,169,993 | €1,074,071 | -€95,922 | -8.2% |
| Equity | 10/15 | -€170,883 | -€188,078 | -€17,194 | -10.1% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€248,453 | -€261,825 | -€13,372 | -5.4% |
| Investment grants | 15 | €42,570 | €38,747 | -€3,823 | -9.0% |
| Amounts payable | 17/49 | €1,340,877 | €1,262,149 | -€78,728 | -5.9% |
| Amounts payable after more than one year | 17 | €1,141,469 | €1,052,801 | -€88,668 | -7.8% |
| Financial debts | 170/4 | €973,909 | €885,241 | -€88,668 | -9.1% |
| Other amounts payable | 178/9 | €167,560 | €167,560 | = | 0.0% |
| Amounts payable within one year | 42/48 | €199,408 | €209,348 | +€9,940 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €72,204 | €66,994 | -€5,211 | -7.2% |
| Trade debts | 44 | €24,504 | €31,360 | +€6,855 | +28.0% |
| Suppliers | 440/4 | €24,504 | €31,360 | +€6,855 | +28.0% |
| Taxes, remuneration and social security | 45 | €16,160 | €15,896 | -€264 | -1.6% |
| Taxes | 450/3 | €2,085 | €1,560 | -€524 | -25.2% |
| Remuneration and social security | 454/9 | €14,075 | €14,335 | +€261 | +1.9% |
| Other amounts payable | 47/48 | €86,540 | €95,100 | +€8,560 | +9.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €163,729 | €99,509 | -€64,219 | -39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,786 | €92,787 | +€7,001 | +8.2% |
| Other operating charges | 640/8 | €6,256 | €4,498 | -€1,759 | -28.1% |
| Gross operating margin | 9900 | €148,938 | €198,536 | +€49,597 | +33.3% |
| Operating profit (loss) | 9901 | -€106,832 | €1,742 | +€108,574 | |
| Financial income | 75/76B | €3,144 | €3,952 | +€808 | +25.7% |
| Recurring financial income | 75 | €3,144 | €3,952 | +€808 | +25.7% |
| Financial charges | 65/66B | €18,874 | €18,476 | -€398 | -2.1% |
| Recurring financial charges | 65 | €18,874 | €18,476 | -€398 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | -€122,563 | -€12,782 | +€109,780 | +89.6% |
| Income taxes | 67/77 | €710 | €589 | -€120 | -17.0% |
| Profit (loss) for the period | 9904 | -€123,272 | -€13,372 | +€109,901 | +89.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€123,272 | -€13,372 | +€109,901 | +89.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.