LFBRANDS: what changed
Two fiscal 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.
LFBRANDS
Largest movements
- Receivables after one year +€24,244
up €24,244 (+13.5%), from €179,826 to €204,070
- Receivables within one year +€11,092
up €11,092 (+174.3%), from €6,364 to €17,456
of which Trade receivables: +€11,095
- Cash +€3,005
up €3,005 (+429.7%), from €699 to €3,705
mainly Net result for the year (+€24,067) and Accrued charges and deferred income (+€19,379)
- Profit (loss) carried forward +€24,067
up €24,067 (+5.5%), from -€438,337 to -€414,270
- Accrued charges and deferred income +€19,379
up €19,379 (+13.1%), from €148,248 to €167,627
- Trade debts -€3,176
down €3,176 (-35.6%), from €8,919 to €5,742
- Gross operating margin +€28,344
up €28,344 (+204.5%), from €13,857 to €42,201
- Financial charges +€661
up €661 (+3.2%), from €20,956 to €21,617
- Depreciation +€465
up €465 (+104.8%), from €444 to €909
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.
Cash bridge derived
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 | €187,850 | €228,367 | +€40,517 | +21.6% |
| Fixed assets | 21/28 | €683 | €2,498 | +€1,815 | +265.9% |
| Tangible fixed assets | 22/27 | €683 | €1,748 | +€1,065 | +156.1% |
| Furniture and vehicles | 24 | €683 | €1,748 | +€1,065 | +156.1% |
| Financial fixed assets | 28 | - | €750 | +€750 | |
| Current assets | 29/58 | €187,168 | €225,869 | +€38,701 | +20.7% |
| Amounts receivable after more than one year | 29 | €179,826 | €204,070 | +€24,244 | +13.5% |
| Other amounts receivable | 291 | €179,826 | €204,070 | +€24,244 | +13.5% |
| Amounts receivable within one year | 40/41 | €6,364 | €17,456 | +€11,092 | +174.3% |
| Trade receivables | 40 | €6,205 | €17,300 | +€11,095 | +178.8% |
| Other amounts receivable | 41 | €159 | €156 | -€3 | -1.9% |
| Cash at bank and in hand | 54/58 | €699 | €3,705 | +€3,005 | +429.7% |
| Deferred charges and accrued income | 490/1 | €278 | €638 | +€360 | +129.4% |
| Total equity and liabilities | 10/49 | €187,850 | €228,367 | +€40,517 | +21.6% |
| Equity | 10/15 | -€425,937 | -€401,870 | +€24,067 | +5.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€438,337 | -€414,270 | +€24,067 | +5.5% |
| Amounts payable | 17/49 | €613,787 | €630,237 | +€16,450 | +2.7% |
| Amounts payable after more than one year | 17 | €450,000 | €450,000 | = | 0.0% |
| Financial debts | 170/4 | €450,000 | €450,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €15,539 | €12,610 | -€2,929 | -18.8% |
| Trade debts | 44 | €8,919 | €5,742 | -€3,176 | -35.6% |
| Suppliers | 440/4 | €8,919 | €5,742 | -€3,176 | -35.6% |
| Taxes, remuneration and social security | 45 | €3,121 | €3,368 | +€247 | +7.9% |
| Taxes | 450/3 | €3,121 | €3,368 | +€247 | +7.9% |
| Other amounts payable | 47/48 | €3,500 | €3,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €148,248 | €167,627 | +€19,379 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €444 | €909 | +€465 | +104.8% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €13,857 | €42,201 | +€28,344 | +204.5% |
| Operating profit (loss) | 9901 | €12,964 | €40,831 | +€27,866 | +214.9% |
| Financial income | 75/76B | €4,929 | €4,964 | +€35 | +0.7% |
| Recurring financial income | 75 | €4,929 | €4,964 | +€35 | +0.7% |
| Financial charges | 65/66B | €20,956 | €21,617 | +€661 | +3.2% |
| Recurring financial charges | 65 | €20,956 | €21,617 | +€661 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,063 | €24,178 | +€27,240 | |
| Income taxes | 67/77 | -€18 | €111 | +€129 | |
| Profit (loss) for the period | 9904 | -€3,045 | €24,067 | +€27,112 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,045 | €24,067 | +€27,112 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.