API RESTAURATION: 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.
What changed
API RESTAURATION
NACE 56.220, Contract catering and other food service activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€123,012
2024 · €3,209+€119,802
Equity
€707,440
2024 · €584,428+€123,012
Cash
€332,405
2024 · €358,171-€25,766
Balance sheet total
€3.0m
2024 · €2.4m+€613,918
Largest movements
Assets
- Receivables within one year +€659,978
up €659,978 (+48.0%), from €1.4m to €2.0m
of which Trade receivables: +€729,889
- Stocks and contracts -€38,536
down €38,536 (-17.4%), from €221,647 to €183,112
Equity and liabilities
- Trade debts +€267,383
up €267,383 (+56.8%), from €470,520 to €737,903
- Other debts +€141,730
up €141,730 (+15.3%), from €927,740 to €1.1m
- Accrued charges and deferred income +€134,669
up €134,669 (+13919.0%), from €968 to €135,637
- Profit (loss) carried forward +€118,762
up €118,762, from -€38,072 to €80,690
- Tax, wage and social debts -€52,876
down €52,876 (-14.2%), from €372,644 to €319,768
of which Remuneration and social security: -€46,553
Income statement
- Turnover +€1.1m
up €1.1m (+10.9%), from €10.3m to €11.4m
- Services and other goods +€490,538
up €490,538 (+39.2%), from €1.3m to €1.7m
- Goods and materials +€339,190
up €339,190 (+7.0%), from €4.8m to €5.2m
of which Purchases: +€281,827
- Staff costs +€292,799
up €292,799 (+7.4%), from €4.0m to €4.3m
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
€3,209
Turnover
+€1.1m
Other operating income
+€2,559
Goods and materials
-€339,190
Services and other goods
-€490,538
Staff costs
-€292,799
Depreciation
-€8,828
Other operating charges
+€7,179
Other operating items
+€77,739
Financial income
+€288
Financial charges
+€38,742
Taxes
-€556
Result 2025
€123,012
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.
From operations
+€92,523
Investment
-€118,289
Financing
€0
Cash 2024
€358,171
From operations (derived)
+€92,523
Net result for the year
+€123,012
Depreciation
+€99,619
Stocks and contracts
+€38,536
Receivables within one year
-€659,978
Deferred charges and accrued income
+€428
Trade debts
+€267,383
Tax, wage and social debts
-€52,876
Other debts
+€141,730
Accrued charges and deferred income
+€134,669
Investment (derived)
-€118,289
Investment in fixed assets (net)
-€118,289
Cash 2025
€332,405
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,356,300 | €2,970,218 | +€613,918 | +26.1% |
| Fixed assets | 21/28 | €384,450 | €403,120 | +€18,670 | +4.9% |
| Tangible fixed assets | 22/27 | €380,886 | €399,476 | +€18,590 | +4.9% |
| Plant, machinery and equipment | 23 | €361,643 | €368,219 | +€6,576 | +1.8% |
| Furniture and vehicles | 24 | €19,243 | €31,257 | +€12,014 | +62.4% |
| Financial fixed assets | 28 | €3,564 | €3,644 | +€80 | +2.2% |
| Other financial fixed assets | 284/8 | €3,564 | €3,644 | +€80 | +2.2% |
| Amounts receivable and cash guarantees | 285/8 | €3,564 | €3,644 | +€80 | +2.2% |
| Current assets | 29/58 | €1,971,850 | €2,567,098 | +€595,248 | +30.2% |
| Stocks and contracts in progress | 3 | €221,647 | €183,112 | -€38,536 | -17.4% |
| Stocks | 30/36 | €221,647 | €183,112 | -€38,536 | -17.4% |
| Goods purchased for resale | 34 | €221,647 | €183,112 | -€38,536 | -17.4% |
| Amounts receivable within one year | 40/41 | €1,374,982 | €2,034,959 | +€659,978 | +48.0% |
| Trade receivables | 40 | €1,305,070 | €2,034,959 | +€729,889 | +55.9% |
| Other amounts receivable | 41 | €69,912 | €0 | -€69,912 | -100.0% |
| Cash at bank and in hand | 54/58 | €358,171 | €332,405 | -€25,766 | -7.2% |
| Deferred charges and accrued income | 490/1 | €17,049 | €16,621 | -€428 | -2.5% |
| Total equity and liabilities | 10/49 | €2,356,300 | €2,970,218 | +€613,918 | +26.1% |
| Equity | 10/15 | €584,428 | €707,440 | +€123,012 | +21.0% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Capital | 10 | €600,000 | €600,000 | = | 0.0% |
| Issued capital | 100 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €22,500 | €26,750 | +€4,250 | +18.9% |
| Non-distributable reserves | 130/1 | €22,500 | €26,750 | +€4,250 | +18.9% |
| Legal reserve | 130 | €22,500 | €26,750 | +€4,250 | +18.9% |
| Profit (loss) carried forward | 14 | -€38,072 | €80,690 | +€118,762 | |
| Amounts payable | 17/49 | €1,771,872 | €2,262,778 | +€490,906 | +27.7% |
| Amounts payable within one year | 42/48 | €1,770,904 | €2,127,141 | +€356,237 | +20.1% |
| Trade debts | 44 | €470,520 | €737,903 | +€267,383 | +56.8% |
| Suppliers | 440/4 | €470,520 | €737,903 | +€267,383 | +56.8% |
| Taxes, remuneration and social security | 45 | €372,644 | €319,768 | -€52,876 | -14.2% |
| Taxes | 450/3 | €41,405 | €35,082 | -€6,323 | -15.3% |
| Remuneration and social security | 454/9 | €331,239 | €284,686 | -€46,553 | -14.1% |
| Other amounts payable | 47/48 | €927,740 | €1,069,470 | +€141,730 | +15.3% |
| Accrued charges and deferred income | 492/3 | €968 | €135,637 | +€134,669 | +13919.0% |
| Operating income | 70/76A | €10,376,347 | €11,481,634 | +€1.1m | +10.7% |
| Turnover | 70 | €10,316,045 | €11,441,251 | +€1.1m | +10.9% |
| Other operating income | 74 | €37,824 | €40,384 | +€2,559 | +6.8% |
| Non-recurring operating income | 76A | €22,477 | €0 | -€22,477 | -100.0% |
| Operating charges | 60/66A | €10,281,468 | €11,305,428 | +€1.0m | +10.0% |
| Goods for resale, raw materials and consumables | 60 | €4,844,609 | €5,183,799 | +€339,190 | +7.0% |
| Purchases | 600/8 | €4,863,436 | €5,145,263 | +€281,827 | +5.8% |
| Change in stocks: decrease (increase) | 609 | -€18,828 | €38,536 | +€57,363 | |
| Services and other goods | 61 | €1,251,758 | €1,742,296 | +€490,538 | +39.2% |
| Remuneration, social security and pensions | 62 | €3,979,358 | €4,272,157 | +€292,799 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,792 | €99,619 | +€8,828 | +9.7% |
| Other operating charges | 640/8 | €14,736 | €7,556 | -€7,179 | -48.7% |
| Non-recurring operating charges | 66A | €100,216 | €0 | -€100,216 | -100.0% |
| Operating profit (loss) | 9901 | €94,879 | €176,207 | +€81,328 | +85.7% |
| Financial income | 75/76B | €0 | €288 | +€288 | |
| Recurring financial income | 75 | €0 | €288 | +€288 | |
| Other financial income | 752/9 | €0 | €288 | +€288 | |
| Financial charges | 65/66B | €89,489 | €50,748 | -€38,742 | -43.3% |
| Recurring financial charges | 65 | €89,489 | €50,748 | -€38,742 | -43.3% |
| Debt charges | 650 | €73,269 | €32,521 | -€40,748 | -55.6% |
| Other financial charges | 652/9 | €16,221 | €18,227 | +€2,006 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | €5,389 | €125,747 | +€120,358 | +2233.3% |
| Income taxes | 67/77 | €2,180 | €2,736 | +€556 | +25.5% |
| Taxes | 670/3 | €2,180 | €2,736 | +€556 | +25.5% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €3,209 | €123,012 | +€119,802 | +3732.9% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €3,209 | €123,012 | +€119,802 | +3732.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.