ADA-GIO: 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
ADA-GIO
NACE 56.111, Full-service restaurants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€461,635
2024 · €397,844+€63,791
Equity
€2.6m
2024 · €2.2m+€461,635
Cash
€752,923
2024 · €751,590+€1,332
Balance sheet total
€3.3m
2024 · €2.9m+€330,064
Largest movements
Assets
- Tangible fixed assets +€347,156
up €347,156 (+16.2%), from €2.1m to €2.5m
of which Land and buildings: +€336,385
Equity and liabilities
- Reserves +€461,635
up €461,635 (+108%), from €429,051 to €890,686
of which Distributable reserves: +€490,631
- Debts after one year -€125,000
down €125,000 (-25.0%), from €500,000 to €375,000
Income statement
- Gross operating margin +€159,574
up €159,574 (+15.3%), from €1.0m to €1.2m
- Taxes +€68,206
up €68,206 (+44.7%), from €152,560 to €220,766
- Staff costs +€35,026
up €35,026 (+12.7%), from €276,478 to €311,504
- Financial charges -€23,555
down €23,555 (-37.8%), from €62,394 to €38,839
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.
Result 2024
€397,844
Gross operating margin
+€159,574
Staff costs
-€35,026
Depreciation
-€9,612
Other operating charges
-€6,580
Financial income
+€86
Financial charges
+€23,555
Taxes
-€68,206
Result 2025
€461,635
raises the resultlowers the result
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.
From operations
+€660,365
Investment
-€511,492
Financing
-€147,541
Cash 2024
€751,590
From operations (derived)
+€660,365
Net result for the year
+€461,635
Depreciation
+€164,560
Stocks and contracts
-€5,124
Receivables within one year
+€24,698
Deferred charges and accrued income
-€1,373
Provisions
-€9,665
Trade debts
-€2,602
Tax, wage and social debts
+€22,581
Other debts
+€5,656
Investment (derived)
-€511,492
Investment in fixed assets (net)
-€511,492
Financing
-€147,541
Debts after one year
-€125,000
Current portion of long-term debt
-€22,541
Cash 2025
€752,923
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,939,355 | €3,269,418 | +€330,064 | +11.2% |
| Fixed assets | 21/28 | €2,140,740 | €2,487,672 | +€346,932 | +16.2% |
| Intangible fixed assets | 21 | €634 | €410 | -€224 | -35.3% |
| Tangible fixed assets | 22/27 | €2,140,106 | €2,487,262 | +€347,156 | +16.2% |
| Land and buildings | 22 | €2,069,100 | €2,405,486 | +€336,385 | +16.3% |
| Plant, machinery and equipment | 23 | €19,540 | €13,181 | -€6,359 | -32.5% |
| Furniture and vehicles | 24 | €51,465 | €68,595 | +€17,129 | +33.3% |
| Current assets | 29/58 | €798,615 | €781,747 | -€16,868 | -2.1% |
| Stocks and contracts in progress | 3 | €9,449 | €14,574 | +€5,124 | +54.2% |
| Stocks | 30/36 | €9,449 | €14,574 | +€5,124 | +54.2% |
| Amounts receivable within one year | 40/41 | €36,006 | €11,308 | -€24,698 | -68.6% |
| Trade receivables | 40 | €32,256 | €11,308 | -€20,948 | -64.9% |
| Other amounts receivable | 41 | €3,750 | - | -€3,750 | |
| Cash at bank and in hand | 54/58 | €751,590 | €752,923 | +€1,332 | +0.2% |
| Deferred charges and accrued income | 490/1 | €1,569 | €2,942 | +€1,373 | +87.5% |
| Total equity and liabilities | 10/49 | €2,939,355 | €3,269,418 | +€330,064 | +11.2% |
| Equity | 10/15 | €2,179,051 | €2,640,686 | +€461,635 | +21.2% |
| Contributions | 10/11 | €1,750,000 | €1,750,000 | = | 0.0% |
| Reserves | 13 | €429,051 | €890,686 | +€461,635 | +108% |
| Tax-exempt reserves | 132 | €344,844 | €315,848 | -€28,996 | -8.4% |
| Distributable reserves | 133 | €84,207 | €574,838 | +€490,631 | +583% |
| Provisions and deferred taxes | 16 | €114,948 | €105,283 | -€9,665 | -8.4% |
| Deferred taxes | 168 | €114,948 | €105,283 | -€9,665 | -8.4% |
| Amounts payable | 17/49 | €645,355 | €523,450 | -€121,906 | -18.9% |
| Amounts payable after more than one year | 17 | €500,000 | €375,000 | -€125,000 | -25.0% |
| Financial debts | 170/4 | €500,000 | €375,000 | -€125,000 | -25.0% |
| Amounts payable within one year | 42/48 | €143,905 | €147,000 | +€3,094 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €22,541 | - | -€22,541 | |
| Trade debts | 44 | €13,553 | €10,951 | -€2,602 | -19.2% |
| Suppliers | 440/4 | €13,553 | €10,951 | -€2,602 | -19.2% |
| Taxes, remuneration and social security | 45 | €99,245 | €121,826 | +€22,581 | +22.8% |
| Taxes | 450/3 | €71,374 | €98,320 | +€26,946 | +37.8% |
| Remuneration and social security | 454/9 | €27,872 | €23,506 | -€4,365 | -15.7% |
| Other amounts payable | 47/48 | €8,567 | €14,223 | +€5,656 | +66.0% |
| Accrued charges and deferred income | 492/3 | €1,450 | €1,450 | = | 0.0% |
| Non-recurring operating income | 76A | - | €7,300 | +€7,300 | |
| Remuneration, social security and pensions | 62 | €276,478 | €311,504 | +€35,026 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €154,948 | €164,560 | +€9,612 | +6.2% |
| Other operating charges | 640/8 | €5,196 | €11,776 | +€6,580 | +127% |
| Gross operating margin | 9900 | €1,039,716 | €1,199,290 | +€159,574 | +15.3% |
| Operating profit (loss) | 9901 | €603,094 | €711,450 | +€108,356 | +18.0% |
| Financial income | 75/76B | €39 | €125 | +€86 | +222% |
| Recurring financial income | 75 | €39 | €125 | +€86 | +222% |
| Financial charges | 65/66B | €62,394 | €38,839 | -€23,555 | -37.8% |
| Recurring financial charges | 65 | €62,394 | €38,839 | -€23,555 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | €540,739 | €672,735 | +€131,997 | +24.4% |
| Transfer from deferred taxes | 780 | €9,665 | €9,665 | = | 0.0% |
| Income taxes | 67/77 | €152,560 | €220,766 | +€68,206 | +44.7% |
| Profit (loss) for the period | 9904 | €397,844 | €461,635 | +€63,791 | +16.0% |
| Transfer from tax-exempt reserves | 789 | €28,996 | €28,996 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €426,840 | €490,631 | +€63,791 | +14.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.