LEEMANS-BONELESS: what changed
What changed
LEEMANS-BONELESS
NACE 46.321, Wholesale of meat and meat products, excluding game and poultry
filed annual accounts (NBB)
Net result for the year
€70,128
2023 · €71,198-€1,070
Equity
€2.5m
2023 · €2.4m+€70,128
Cash
€256,030
2023 · €93,401+€162,629
Balance sheet total
€2.9m
2023 · €3.0m-€33,915
Largest movements
Assets
- Receivables within one year -€196,336
down €196,336 (-7.2%), from €2.7m to €2.5m
of which Other amounts receivable: -€133,151
- Cash +€162,629
up €162,629 (+174%), from €93,401 to €256,030
mainly Advances received (+€200,000) and Receivables within one year (+€196,336)
- Tangible fixed assets -€54,383
down €54,383 (-54.7%), from €99,346 to €44,963
of which Land and buildings: -€27,250
- Stocks and contracts +€31,366
up €31,366 (+141%), from €22,193 to €53,559
Equity and liabilities
- Advances received +€200,000
new in 2024: €200,000
- Short-term financial debts -€160,000
no longer reported in 2024 (was €160,000)
- Trade debts -€86,897
down €86,897 (-36.5%), from €237,855 to €150,958
- Reserves +€70,000
up €70,000 (+3.8%), from €1.8m to €1.9m
of which Distributable reserves: +€70,000
- Tax, wage and social debts -€49,560
down €49,560 (-64.5%), from €76,810 to €27,250
of which Taxes: -€32,427
Income statement
- Write-downs +€234,561
up €234,561 (+1,158%), from €20,263 to €254,823
- Gross operating margin +€215,003
up €215,003 (+50.5%), from €425,738 to €640,741
- Staff costs -€20,193
down €20,193 (-9.2%), from €218,511 to €198,318
Change in the result, 2023 to 2024
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 2023
€71,198
Gross operating margin
+€215,003
Staff costs
+€20,193
Depreciation
+€647
Write-downs
-€234,561
Other operating charges
-€81
Other operating items
+€1,439
Financial income
+€281
Financial charges
-€3,199
Taxes
-€792
Result 2024
€70,128
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€330,530
Investment
€0
Financing
-€167,901
Cash 2023
€93,401
From operations (derived)
+€330,530
Net result for the year
+€70,128
Depreciation
+€54,383
Stocks and contracts
-€31,366
Receivables within one year
+€196,336
Deferred charges and accrued income
-€22,808
Trade debts
-€86,897
Tax, wage and social debts
-€49,560
Advances received
+€200,000
Other debts
+€316
Financing
-€167,901
Debts after one year
-€8,300
Current portion of long-term debt
+€399
Short-term financial debts
-€160,000
Cash 2024
€256,030
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,950,850 | €2,916,935 | -€33,915 | -1.1% |
| Fixed assets | 21/28 | €100,537 | €46,154 | -€54,383 | -54.1% |
| Tangible fixed assets | 22/27 | €99,346 | €44,963 | -€54,383 | -54.7% |
| Land and buildings | 22 | €34,114 | €6,863 | -€27,250 | -79.9% |
| Plant, machinery and equipment | 23 | €25,760 | €12,517 | -€13,243 | -51.4% |
| Furniture and vehicles | 24 | €39,472 | €25,583 | -€13,889 | -35.2% |
| Financial fixed assets | 28 | €1,191 | €1,191 | = | 0.0% |
| Current assets | 29/58 | €2,850,313 | €2,870,781 | +€20,467 | +0.7% |
| Stocks and contracts in progress | 3 | €22,193 | €53,559 | +€31,366 | +141% |
| Stocks | 30/36 | €22,193 | €53,559 | +€31,366 | +141% |
| Amounts receivable within one year | 40/41 | €2,733,620 | €2,537,283 | -€196,336 | -7.2% |
| Trade receivables | 40 | €691,736 | €628,551 | -€63,185 | -9.1% |
| Other amounts receivable | 41 | €2,041,884 | €1,908,732 | -€133,151 | -6.5% |
| Cash at bank and in hand | 54/58 | €93,401 | €256,030 | +€162,629 | +174% |
| Deferred charges and accrued income | 490/1 | €1,100 | €23,908 | +€22,808 | +2,073% |
| Total equity and liabilities | 10/49 | €2,950,850 | €2,916,935 | -€33,915 | -1.1% |
| Equity | 10/15 | €2,445,336 | €2,515,464 | +€70,128 | +2.9% |
| Contributions | 10/11 | €606,000 | €606,000 | = | 0.0% |
| Capital | 10 | €606,000 | €606,000 | = | 0.0% |
| Issued capital | 100 | €606,000 | €606,000 | = | 0.0% |
| Reserves | 13 | €1,837,600 | €1,907,600 | +€70,000 | +3.8% |
| Non-distributable reserves | 130/1 | €60,600 | €60,600 | = | 0.0% |
| Legal reserve | 130 | €60,600 | €60,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,000 | €12,000 | = | 0.0% |
| Distributable reserves | 133 | €1,765,000 | €1,835,000 | +€70,000 | +4.0% |
| Profit (loss) carried forward | 14 | €1,736 | €1,864 | +€128 | +7.4% |
| Amounts payable | 17/49 | €505,514 | €401,471 | -€104,043 | -20.6% |
| Amounts payable after more than one year | 17 | €20,032 | €11,732 | -€8,300 | -41.4% |
| Financial debts | 170/4 | €20,032 | €11,732 | -€8,300 | -41.4% |
| Amounts payable within one year | 42/48 | €485,483 | €389,739 | -€95,743 | -19.7% |
| Current portion of amounts payable after more than one year | 42 | €7,807 | €8,205 | +€399 | +5.1% |
| Financial debts | 43 | €160,000 | - | -€160,000 | |
| Credit institutions | 430/8 | €160,000 | - | -€160,000 | |
| Trade debts | 44 | €237,855 | €150,958 | -€86,897 | -36.5% |
| Suppliers | 440/4 | €237,855 | €150,958 | -€86,897 | -36.5% |
| Advances received on contracts in progress | 46 | - | €200,000 | +€200,000 | |
| Taxes, remuneration and social security | 45 | €76,810 | €27,250 | -€49,560 | -64.5% |
| Taxes | 450/3 | €59,677 | €27,250 | -€32,427 | -54.3% |
| Remuneration and social security | 454/9 | €17,134 | - | -€17,134 | |
| Other amounts payable | 47/48 | €3,011 | €3,326 | +€316 | +10.5% |
| Remuneration, social security and pensions | 62 | €218,511 | €198,318 | -€20,193 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,030 | €54,383 | -€647 | -1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €20,263 | €254,823 | +€234,561 | +1,158% |
| Other operating charges | 640/8 | €16,169 | €16,250 | +€81 | +0.5% |
| Non-recurring operating charges | 66A | €1,439 | - | -€1,439 | |
| Gross operating margin | 9900 | €425,738 | €640,741 | +€215,003 | +50.5% |
| Operating profit (loss) | 9901 | €114,327 | €116,967 | +€2,641 | +2.3% |
| Financial income | 75/76B | €1,701 | €1,981 | +€281 | +16.5% |
| Recurring financial income | 75 | €1,701 | €1,981 | +€281 | +16.5% |
| Financial charges | 65/66B | €15,706 | €18,905 | +€3,199 | +20.4% |
| Recurring financial charges | 65 | €15,706 | €18,905 | +€3,199 | +20.4% |
| Profit (loss) for the period before taxes | 9903 | €100,321 | €100,043 | -€278 | -0.3% |
| Income taxes | 67/77 | €29,123 | €29,915 | +€792 | +2.7% |
| Profit (loss) for the period | 9904 | €71,198 | €70,128 | -€1,070 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €71,198 | €70,128 | -€1,070 | -1.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.