APERO FISH PALACE: what changed
What changed
APERO FISH PALACE
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
€113,074
2024 · €20,387+€92,687
Equity
€640,515
2024 · €529,107+€111,408
Cash
€59,270
2024 · €12,919+€46,351
Balance sheet total
€1.3m
2024 · €1.1m+€178,037
Largest movements
Assets
- Receivables within one year +€111,683
up €111,683 (+199%), from €56,076 to €167,759
of which Other amounts receivable: +€111,283
- Cash +€46,351
up €46,351 (+359%), from €12,919 to €59,270
mainly Net result for the year (+€113,074) and Trade debts (+€34,523)
Equity and liabilities
- Reserves +€113,074
up €113,074 (+27.7%), from €408,360 to €521,434
of which Distributable reserves: +€113,074
- Trade debts +€34,523
up €34,523 (+19.2%), from €180,042 to €214,566
- Tax, wage and social debts +€34,412
up €34,412 (+9.8%), from €349,940 to €384,352
of which Remuneration and social security: +€108,616
- Other debts -€31,660
down €31,660 (-95.0%), from €33,326 to €1,666
- Short-term financial debts +€26,395
up €26,395, from €0 to €26,395
Income statement
- Taxes -€184,023
down €184,023 (-75.4%), from €244,182 to €60,160
- Staff costs +€173,071
up €173,071 (+40.2%), from €430,307 to €603,379
- Gross operating margin +€82,865
up €82,865 (+11.7%), from €710,512 to €793,378
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€20,387
Gross operating margin
+€82,865
Staff costs
-€173,071
Depreciation
-€66
Other operating charges
-€2,124
Financial income
+€1,076
Financial charges
-€16
Taxes
+€184,023
Result 2025
€113,074
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€58,618
Investment
-€26,324
Financing
+€14,058
Cash 2024
€12,919
From operations (derived)
+€58,618
Net result for the year
+€113,074
Depreciation
+€18,403
Stocks and contracts
-€12,081
Receivables within one year
-€111,683
Trade debts
+€34,523
Tax, wage and social debts
+€34,412
Other debts
-€31,660
Accrued charges and deferred income
+€13,630
Investment (derived)
-€26,324
Investment in fixed assets (net)
-€26,324
Financing
+€14,058
Debts after one year
-€8,909
Current portion of long-term debt
-€1,763
Short-term financial debts
+€26,395
Contributions, distributions and other
-€1,666
Cash 2025
€59,270
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,120,402 | €1,298,439 | +€178,037 | +15.9% |
| Fixed assets | 21/28 | €44,398 | €52,319 | +€7,922 | +17.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €39,398 | €47,319 | +€7,922 | +20.1% |
| Plant, machinery and equipment | 23 | €13,668 | €19,793 | +€6,126 | +44.8% |
| Furniture and vehicles | 24 | €1,861 | €11,818 | +€9,957 | +535% |
| Leasing and similar rights | 25 | €23,869 | €15,708 | -€8,161 | -34.2% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €1,076,004 | €1,246,120 | +€170,116 | +15.8% |
| Amounts receivable after more than one year | 29 | €1,000,000 | €1,000,000 | = | 0.0% |
| Other amounts receivable | 291 | €1,000,000 | €1,000,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €7,009 | €19,090 | +€12,081 | +172% |
| Stocks | 30/36 | €7,009 | €19,090 | +€12,081 | +172% |
| Amounts receivable within one year | 40/41 | €56,076 | €167,759 | +€111,683 | +199% |
| Trade receivables | 40 | - | €400 | +€400 | |
| Other amounts receivable | 41 | €56,076 | €167,359 | +€111,283 | +198% |
| Cash at bank and in hand | 54/58 | €12,919 | €59,270 | +€46,351 | +359% |
| Total equity and liabilities | 10/49 | €1,120,402 | €1,298,439 | +€178,037 | +15.9% |
| Equity | 10/15 | €529,107 | €640,515 | +€111,408 | +21.1% |
| Contributions | 10/11 | €6,750 | €6,750 | = | 0.0% |
| Reserves | 13 | €408,360 | €521,434 | +€113,074 | +27.7% |
| Non-distributable reserves | 130/1 | €21 | €21 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21 | €21 | = | 0.0% |
| Distributable reserves | 133 | €408,339 | €521,413 | +€113,074 | +27.7% |
| Profit (loss) carried forward | 14 | €113,998 | €112,332 | -€1,666 | -1.5% |
| Amounts payable | 17/49 | €591,294 | €657,924 | +€66,629 | +11.3% |
| Amounts payable after more than one year | 17 | €17,315 | €8,406 | -€8,909 | -51.5% |
| Financial debts | 170/4 | €17,315 | €8,406 | -€8,909 | -51.5% |
| Amounts payable within one year | 42/48 | €573,980 | €635,888 | +€61,908 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | €10,672 | €8,909 | -€1,763 | -16.5% |
| Financial debts | 43 | €0 | €26,395 | +€26,395 | |
| Credit institutions | 430/8 | €0 | €26,395 | +€26,395 | |
| Trade debts | 44 | €180,042 | €214,566 | +€34,523 | +19.2% |
| Suppliers | 440/4 | €180,042 | €214,566 | +€34,523 | +19.2% |
| Taxes, remuneration and social security | 45 | €349,940 | €384,352 | +€34,412 | +9.8% |
| Taxes | 450/3 | €240,446 | €166,243 | -€74,203 | -30.9% |
| Remuneration and social security | 454/9 | €109,494 | €218,109 | +€108,616 | +99.2% |
| Other amounts payable | 47/48 | €33,326 | €1,666 | -€31,660 | -95.0% |
| Accrued charges and deferred income | 492/3 | - | €13,630 | +€13,630 | |
| Remuneration, social security and pensions | 62 | €430,307 | €603,379 | +€173,071 | +40.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,337 | €18,403 | +€66 | +0.4% |
| Other operating charges | 640/8 | €10,057 | €12,181 | +€2,124 | +21.1% |
| Gross operating margin | 9900 | €710,512 | €793,378 | +€82,865 | +11.7% |
| Operating profit (loss) | 9901 | €251,811 | €159,415 | -€92,396 | -36.7% |
| Financial income | 75/76B | €32,220 | €33,297 | +€1,076 | +3.3% |
| Recurring financial income | 75 | €32,220 | €33,297 | +€1,076 | +3.3% |
| Financial charges | 65/66B | €19,461 | €19,478 | +€16 | +0.1% |
| Recurring financial charges | 65 | €19,461 | €19,478 | +€16 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €264,570 | €173,234 | -€91,336 | -34.5% |
| Income taxes | 67/77 | €244,182 | €60,160 | -€184,023 | -75.4% |
| Profit (loss) for the period | 9904 | €20,387 | €113,074 | +€92,687 | +455% |
| Profit (loss) for the period to be appropriated | 9905 | €20,387 | €113,074 | +€92,687 | +455% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.