LYFA: 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
LYFA
NACE 46.321, Wholesale of meat and meat products, excluding game and poultry
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€68,722
2023 · €85,767-€17,045
Equity
€242,108
2023 · €173,386+€68,722
Cash
€1,981
2023 · €3,194-€1,213
Balance sheet total
€640,050
2023 · €567,739+€72,311
Largest movements
Assets
- Receivables within one year +€73,579
up €73,579 (+13.4%), from €549,632 to €623,212
of which Trade receivables: +€42,445
Equity and liabilities
- Profit (loss) carried forward +€39,722
up €39,722 (+27.0%), from €147,062 to €186,783
- Reserves +€29,000
up €29,000 (+9,794%), from €296 to €29,296
- Advances received +€9,997
new in 2024: €9,997
Income statement
- Purchases and services -€1.5m
no longer reported in 2024 (was €1.5m)
- Write-downs +€76,010
up €76,010 (+234%), from €32,529 to €108,539
- Staff costs -€59,949
down €59,949 (-62.5%), from €95,900 to €35,951
- Other operating charges +€21,138
up €21,138 (+601%), from €3,519 to €24,657
- Gross operating margin +€10,534
up €10,534 (+4.0%), from €265,867 to €276,401
From the 2023 result to the 2024 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 2023
€85,767
Gross operating margin
+€10,534
Staff costs
+€59,949
Depreciation
-€1,052
Write-downs
-€76,010
Other operating charges
-€21,138
Other operating items
+€9,471
Financial income
+€1,200
Financial charges
+€2,861
Taxes
-€2,860
Result 2024
€68,722
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€1,213
Investment
€0
Financing
€0
Cash 2023
€3,194
From operations (derived)
-€1,213
Net result for the year
+€68,722
Depreciation
+€1,067
Stocks and contracts
-€1,000
Receivables within one year
-€73,579
Smaller working-capital items
+€13
Trade debts
-€6,093
Advances received
+€9,997
Other debts
-€339
Cash 2024
€1,981
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €567,739 | €640,050 | +€72,311 | +12.7% |
| Fixed assets | 21/28 | €12,085 | €11,019 | -€1,067 | -8.8% |
| Tangible fixed assets | 22/27 | €3,185 | €2,119 | -€1,067 | -33.5% |
| Plant, machinery and equipment | 23 | €3,185 | €2,119 | -€1,067 | -33.5% |
| Financial fixed assets | 28 | €8,900 | €8,900 | = | 0.0% |
| Current assets | 29/58 | €555,654 | €629,031 | +€73,377 | +13.2% |
| Stocks and contracts in progress | 3 | €2,765 | €3,765 | +€1,000 | +36.2% |
| Stocks | 30/36 | €2,765 | €3,765 | +€1,000 | +36.2% |
| Amounts receivable within one year | 40/41 | €549,632 | €623,212 | +€73,579 | +13.4% |
| Trade receivables | 40 | €547,384 | €589,829 | +€42,445 | +7.8% |
| Other amounts receivable | 41 | €2,249 | €33,383 | +€31,134 | +1,385% |
| Cash at bank and in hand | 54/58 | €3,194 | €1,981 | -€1,213 | -38.0% |
| Deferred charges and accrued income | 490/1 | €62 | €73 | +€11 | +17.9% |
| Total equity and liabilities | 10/49 | €567,739 | €640,050 | +€72,311 | +12.7% |
| Equity | 10/15 | €173,386 | €242,108 | +€68,722 | +39.6% |
| Contributions | 10/11 | €26,029 | €26,029 | = | 0.0% |
| Reserves | 13 | €296 | €29,296 | +€29,000 | +9,794% |
| Non-distributable reserves | 130/1 | €296 | €29,296 | +€29,000 | +9,794% |
| Reserves not available under the articles | 1311 | €296 | €29,296 | +€29,000 | +9,794% |
| Profit (loss) carried forward | 14 | €147,062 | €186,783 | +€39,722 | +27.0% |
| Amounts payable | 17/49 | €394,353 | €397,942 | +€3,589 | +0.9% |
| Amounts payable within one year | 42/48 | €394,353 | €397,942 | +€3,589 | +0.9% |
| Trade debts | 44 | €287,568 | €281,476 | -€6,093 | -2.1% |
| Suppliers | 440/4 | €287,568 | €281,476 | -€6,093 | -2.1% |
| Advances received on contracts in progress | 46 | - | €9,997 | +€9,997 | |
| Taxes, remuneration and social security | 45 | €106,446 | €106,469 | +€24 | 0.0% |
| Taxes | 450/3 | €93,837 | €87,620 | -€6,217 | -6.6% |
| Remuneration and social security | 454/9 | €12,609 | €18,849 | +€6,240 | +49.5% |
| Other amounts payable | 47/48 | €339 | - | -€339 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,510,001 | - | -€1.5m | |
| Remuneration, social security and pensions | 62 | €95,900 | €35,951 | -€59,949 | -62.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15 | €1,067 | +€1,052 | +7,200% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €32,529 | €108,539 | +€76,010 | +234% |
| Other operating charges | 640/8 | €3,519 | €24,657 | +€21,138 | +601% |
| Non-recurring operating charges | 66A | €9,471 | - | -€9,471 | |
| Gross operating margin | 9900 | €265,867 | €276,401 | +€10,534 | +4.0% |
| Operating profit (loss) | 9901 | €124,433 | €106,187 | -€18,246 | -14.7% |
| Financial income | 75/76B | €474 | €1,674 | +€1,200 | +253% |
| Recurring financial income | 75 | €474 | €1,674 | +€1,200 | +253% |
| Financial charges | 65/66B | €3,653 | €791 | -€2,861 | -78.3% |
| Recurring financial charges | 65 | €3,653 | €791 | -€2,861 | -78.3% |
| Profit (loss) for the period before taxes | 9903 | €121,254 | €107,069 | -€14,185 | -11.7% |
| Income taxes | 67/77 | €35,487 | €38,347 | +€2,860 | +8.1% |
| Profit (loss) for the period | 9904 | €85,767 | €68,722 | -€17,045 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €85,767 | €68,722 | -€17,045 | -19.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.