LES GOURMANDS: what changed
LES GOURMANDS
Largest movements
- Deferred charges and accrued income +€37,327
up €37,327 (+555%), from €6,727 to €44,053
- Receivables within one year -€23,568
down €23,568 (-70.8%), from €33,309 to €9,741
of which Trade receivables: -€24,123
- Stocks and contracts +€17,293
up €17,293 (+6.2%), from €280,563 to €297,856
- Cash -€6,998
down €6,998 (-42.0%), from €16,655 to €9,657
mainly Trade debts (-€38,164) and Deferred charges and accrued income (-€37,327)
- Advances received +€38,721
new in 2026: €38,721
- Trade debts -€38,164
down €38,164 (-66.8%), from €57,173 to €19,009
of which Bills of exchange payable: -€22,823
- Other debts +€20,283
up €20,283 (+21.6%), from €93,992 to €114,274
- Tax, wage and social debts -€15,943
down €15,943 (-48.2%), from €33,044 to €17,101
of which Taxes: -€18,333
- Reserves +€11,334
up €11,334 (+8.0%), from €141,426 to €152,760
of which Distributable reserves: +€11,334
- Gross operating margin +€34,576
up €34,576 (+63.1%), from €54,815 to €89,391
- Staff costs +€24,738
up €24,738 (+70.0%), from €35,334 to €60,072
- Financial charges +€909
up €909 (+13.8%), from €6,587 to €7,495
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €344,228 | €365,983 | +€21,756 | +6.3% |
| Fixed assets | 21/28 | €6,973 | €4,675 | -€2,298 | -33.0% |
| Tangible fixed assets | 22/27 | €6,551 | €4,254 | -€2,298 | -35.1% |
| Plant, machinery and equipment | 23 | €3,649 | €2,674 | -€975 | -26.7% |
| Furniture and vehicles | 24 | €2,902 | €1,579 | -€1,323 | -45.6% |
| Financial fixed assets | 28 | €422 | €422 | = | 0.0% |
| Current assets | 29/58 | €337,254 | €361,308 | +€24,054 | +7.1% |
| Stocks and contracts in progress | 3 | €280,563 | €297,856 | +€17,293 | +6.2% |
| Stocks | 30/36 | €280,563 | €297,856 | +€17,293 | +6.2% |
| Amounts receivable within one year | 40/41 | €33,309 | €9,741 | -€23,568 | -70.8% |
| Trade receivables | 40 | €33,309 | €9,186 | -€24,123 | -72.4% |
| Other amounts receivable | 41 | - | €555 | +€555 | |
| Cash at bank and in hand | 54/58 | €16,655 | €9,657 | -€6,998 | -42.0% |
| Deferred charges and accrued income | 490/1 | €6,727 | €44,053 | +€37,327 | +555% |
| Total equity and liabilities | 10/49 | €344,228 | €365,983 | +€21,756 | +6.3% |
| Equity | 10/15 | €160,018 | €171,352 | +€11,334 | +7.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €141,426 | €152,760 | +€11,334 | +8.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €139,567 | €150,901 | +€11,334 | +8.1% |
| Amounts payable | 17/49 | €184,209 | €194,631 | +€10,422 | +5.7% |
| Amounts payable within one year | 42/48 | €184,209 | €189,105 | +€4,896 | +2.7% |
| Trade debts | 44 | €57,173 | €19,009 | -€38,164 | -66.8% |
| Suppliers | 440/4 | €34,351 | €19,009 | -€15,341 | -44.7% |
| Bills of exchange payable | 441 | €22,823 | - | -€22,823 | |
| Advances received on contracts in progress | 46 | - | €38,721 | +€38,721 | |
| Taxes, remuneration and social security | 45 | €33,044 | €17,101 | -€15,943 | -48.2% |
| Taxes | 450/3 | €29,385 | €11,051 | -€18,333 | -62.4% |
| Remuneration and social security | 454/9 | €3,659 | €6,049 | +€2,390 | +65.3% |
| Other amounts payable | 47/48 | €93,992 | €114,274 | +€20,283 | +21.6% |
| Accrued charges and deferred income | 492/3 | - | €5,526 | +€5,526 | |
| Remuneration, social security and pensions | 62 | €35,334 | €60,072 | +€24,738 | +70.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,579 | €2,509 | -€70 | -2.7% |
| Other operating charges | 640/8 | €3,394 | €3,344 | -€50 | -1.5% |
| Gross operating margin | 9900 | €54,815 | €89,391 | +€34,576 | +63.1% |
| Operating profit (loss) | 9901 | €13,507 | €23,466 | +€9,959 | +73.7% |
| Financial income | 75/76B | €10 | €51 | +€41 | +409% |
| Recurring financial income | 75 | €10 | €51 | +€41 | +409% |
| Financial charges | 65/66B | €6,587 | €7,495 | +€909 | +13.8% |
| Recurring financial charges | 65 | €6,587 | €7,495 | +€909 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €6,930 | €16,022 | +€9,091 | +131% |
| Income taxes | 67/77 | €4,002 | €4,688 | +€686 | +17.1% |
| Profit (loss) for the period | 9904 | €2,928 | €11,334 | +€8,405 | +287% |
| Profit (loss) for the period to be appropriated | 9905 | €2,928 | €11,334 | +€8,405 | +287% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.