LEF-FOOD: 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.
LEF-FOOD
Largest movements
- Cash -€9,017
down €9,017 (-48.4%), from €18,614 to €9,597
mainly Other debts (-€20,856) and Investment in fixed assets (net) (-€9,482)
- Tangible fixed assets -€4,131
down €4,131 (-4.2%), from €98,575 to €94,443
of which Land and buildings: -€9,674
- Receivables within one year -€2,285
down €2,285 (-10.4%), from €21,911 to €19,626
of which Trade receivables: -€2,285
- Stocks and contracts +€1,680
up €1,680 (+9.8%), from €17,148 to €18,828
- Other debts -€20,856
down €20,856 (-12.0%), from €174,092 to €153,236
- Debts after one year +€5,379
new in 2025: €5,379
- Trade debts +€2,395
up €2,395 (+34.9%), from €6,855 to €9,250
- Profit (loss) carried forward -€1,948
down €1,948 (-4.8%), from -€40,295 to -€42,243
- Purchases and services +€14,922
up €14,922 (+4.4%), from €342,033 to €356,956
- Turnover +€12,240
up €12,240 (+3.4%), from €361,040 to €373,281
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 | €156,266 | €142,644 | -€13,622 | -8.7% |
| Fixed assets | 21/28 | €98,593 | €94,443 | -€4,149 | -4.2% |
| Tangible fixed assets | 22/27 | €98,575 | €94,443 | -€4,131 | -4.2% |
| Land and buildings | 22 | €88,553 | €78,879 | -€9,674 | -10.9% |
| Plant, machinery and equipment | 23 | €965 | €335 | -€630 | -65.3% |
| Furniture and vehicles | 24 | €7,806 | €14,104 | +€6,298 | +80.7% |
| Other tangible fixed assets | 26 | €1,250 | €1,125 | -€125 | -10.0% |
| Financial fixed assets | 28 | €18 | - | -€18 | |
| Current assets | 29/58 | €57,673 | €48,200 | -€9,472 | -16.4% |
| Stocks and contracts in progress | 3 | €17,148 | €18,828 | +€1,680 | +9.8% |
| Stocks | 30/36 | €17,148 | €18,828 | +€1,680 | +9.8% |
| Amounts receivable within one year | 40/41 | €21,911 | €19,626 | -€2,285 | -10.4% |
| Trade receivables | 40 | €20,616 | €18,331 | -€2,285 | -11.1% |
| Other amounts receivable | 41 | €1,295 | €1,295 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €18,614 | €9,597 | -€9,017 | -48.4% |
| Deferred charges and accrued income | 490/1 | - | €149 | +€149 | |
| Total equity and liabilities | 10/49 | €156,266 | €142,644 | -€13,622 | -8.7% |
| Equity | 10/15 | -€27,942 | -€29,890 | -€1,948 | -7.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,153 | €6,153 | = | 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% |
| Distributable reserves | 133 | €4,293 | €4,293 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,295 | -€42,243 | -€1,948 | -4.8% |
| Amounts payable | 17/49 | €184,208 | €172,534 | -€11,674 | -6.3% |
| Amounts payable after more than one year | 17 | - | €5,379 | +€5,379 | |
| Financial debts | 170/4 | - | €5,379 | +€5,379 | |
| Amounts payable within one year | 42/48 | €184,208 | €167,155 | -€17,053 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €2,002 | €2,911 | +€909 | +45.4% |
| Financial debts | 43 | €170 | - | -€170 | |
| Credit institutions | 430/8 | €170 | - | -€170 | |
| Trade debts | 44 | €6,855 | €9,250 | +€2,395 | +34.9% |
| Suppliers | 440/4 | €6,855 | €9,250 | +€2,395 | +34.9% |
| Taxes, remuneration and social security | 45 | €1,088 | €1,758 | +€670 | +61.5% |
| Taxes | 450/3 | €1,088 | €1,758 | +€670 | +61.5% |
| Other amounts payable | 47/48 | €174,092 | €153,236 | -€20,856 | -12.0% |
| Turnover | 70 | €361,040 | €373,281 | +€12,240 | +3.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €342,033 | €356,956 | +€14,922 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,955 | €13,631 | +€676 | +5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €283 | +€283 | |
| Other operating charges | 640/8 | €3,030 | €3,783 | +€753 | +24.9% |
| Gross operating margin | 9900 | €19,167 | €16,675 | -€2,492 | -13.0% |
| Operating profit (loss) | 9901 | €3,182 | -€1,023 | -€4,204 | |
| Financial charges | 65/66B | €183 | €270 | +€87 | +47.4% |
| Recurring financial charges | 65 | €183 | €270 | +€87 | +47.4% |
| Profit (loss) for the period before taxes | 9903 | €2,999 | -€1,292 | -€4,291 | |
| Income taxes | 67/77 | €162 | €656 | +€494 | +305% |
| Profit (loss) for the period | 9904 | €2,837 | -€1,948 | -€4,785 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,837 | -€1,948 | -€4,785 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.