LEBRUN Fréres: 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
LEBRUN Fréres
NACE 01.610, Support activities for crop production
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€996
2024 · -€5,968+€6,964
Equity
€61,557
2024 · €60,561+€996
Cash
€8,040
2024 · €13,878-€5,838
Balance sheet total
€515,388
2024 · €587,319-€71,931
Largest movements
Assets
- Tangible fixed assets -€87,831
down €87,831 (-17.7%), from €497,104 to €409,273
of which Plant, machinery and equipment: -€103,564
- Receivables within one year +€26,062
up €26,062 (+39.1%), from €66,628 to €92,690
of which Trade receivables: +€31,748
Equity and liabilities
- Debts after one year -€81,534
down €81,534 (-41.0%), from €198,784 to €117,250
- Other debts +€7,404
up €7,404 (+3.2%), from €233,258 to €240,662
Income statement
- Depreciation -€8,153
down €8,153 (-6.2%), from €131,657 to €123,504
- Gross operating margin +€2,353
up €2,353 (+1.4%), from €167,155 to €169,508
- Staff costs +€1,927
up €1,927 (+4.9%), from €39,277 to €41,204
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
-€5,968
Gross operating margin
+€2,353
Staff costs
-€1,927
Depreciation
+€8,153
Other operating charges
-€133
Financial income
-€1,151
Financial charges
+€919
Deferred taxes and other
-€1,250
Result 2025
€996
raises the resultlowers the resultnot broken down further in the accounts
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
+€111,371
Investment
-€35,673
Financing
-€81,536
Cash 2024
€13,878
From operations (derived)
+€111,371
Net result for the year
+€996
Depreciation
+€123,504
Stocks and contracts
+€4,417
Receivables within one year
-€26,062
Deferred charges and accrued income
-€93
Trade debts
+€738
Tax, wage and social debts
-€1,487
Other debts
+€7,404
Accrued charges and deferred income
+€1,954
Investment (derived)
-€35,673
Investment in fixed assets (net)
-€35,673
Financing
-€81,536
Debts after one year
-€81,534
Current portion of long-term debt
-€2
Cash 2025
€8,040
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €587,319 | €515,388 | -€71,931 | -12.2% |
| Fixed assets | 21/28 | €497,104 | €409,273 | -€87,831 | -17.7% |
| Tangible fixed assets | 22/27 | €497,104 | €409,273 | -€87,831 | -17.7% |
| Land and buildings | 22 | €41,405 | €59,338 | +€17,933 | +43.3% |
| Plant, machinery and equipment | 23 | €450,501 | €346,937 | -€103,564 | -23.0% |
| Furniture and vehicles | 24 | €5,198 | €2,998 | -€2,200 | -42.3% |
| Current assets | 29/58 | €90,215 | €106,115 | +€15,900 | +17.6% |
| Stocks and contracts in progress | 3 | €8,777 | €4,360 | -€4,417 | -50.3% |
| Stocks | 30/36 | €8,777 | €4,360 | -€4,417 | -50.3% |
| Amounts receivable within one year | 40/41 | €66,628 | €92,690 | +€26,062 | +39.1% |
| Trade receivables | 40 | €60,345 | €92,094 | +€31,748 | +52.6% |
| Other amounts receivable | 41 | €6,283 | €596 | -€5,687 | -90.5% |
| Cash at bank and in hand | 54/58 | €13,878 | €8,040 | -€5,838 | -42.1% |
| Deferred charges and accrued income | 490/1 | €932 | €1,025 | +€93 | +10.0% |
| Total equity and liabilities | 10/49 | €587,319 | €515,388 | -€71,931 | -12.2% |
| Equity | 10/15 | €60,561 | €61,557 | +€996 | +1.6% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,495 | €53,491 | +€996 | +1.9% |
| Amounts payable | 17/49 | €526,758 | €453,831 | -€72,927 | -13.8% |
| Amounts payable after more than one year | 17 | €198,784 | €117,250 | -€81,534 | -41.0% |
| Financial debts | 170/4 | €198,784 | €117,250 | -€81,534 | -41.0% |
| Amounts payable within one year | 42/48 | €327,974 | €334,627 | +€6,653 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €81,536 | €81,534 | -€2 | 0.0% |
| Trade debts | 44 | €4,603 | €5,341 | +€738 | +16.0% |
| Suppliers | 440/4 | €4,603 | €5,341 | +€738 | +16.0% |
| Taxes, remuneration and social security | 45 | €8,577 | €7,090 | -€1,487 | -17.3% |
| Taxes | 450/3 | €3,617 | €4,032 | +€415 | +11.5% |
| Remuneration and social security | 454/9 | €4,959 | €3,058 | -€1,901 | -38.3% |
| Other amounts payable | 47/48 | €233,258 | €240,662 | +€7,404 | +3.2% |
| Accrued charges and deferred income | 492/3 | - | €1,954 | +€1,954 | |
| Remuneration, social security and pensions | 62 | €39,277 | €41,204 | +€1,927 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €131,657 | €123,504 | -€8,153 | -6.2% |
| Other operating charges | 640/8 | €899 | €1,031 | +€133 | +14.8% |
| Gross operating margin | 9900 | €167,155 | €169,508 | +€2,353 | +1.4% |
| Operating profit (loss) | 9901 | -€4,677 | €3,769 | +€8,447 | |
| Financial income | 75/76B | €1,200 | €49 | -€1,151 | -95.9% |
| Recurring financial income | 75 | €1,200 | €49 | -€1,151 | -95.9% |
| Financial charges | 65/66B | €3,741 | €2,822 | -€919 | -24.6% |
| Recurring financial charges | 65 | €3,741 | €2,822 | -€919 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,218 | €996 | +€8,214 | |
| Transfer from deferred taxes | 780 | €1,250 | - | -€1,250 | |
| Profit (loss) for the period | 9904 | -€5,968 | €996 | +€6,964 | |
| Transfer from tax-exempt reserves | 789 | €3,750 | - | -€3,750 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,218 | €996 | +€3,214 |
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 21 October 2026 via checked.be.