ART - RESTAURATION: 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.
ART - RESTAURATION
Largest movements
- Tangible fixed assets +€20,576
up €20,576 (+16.5%), from €124,718 to €145,294
of which Furniture and vehicles: +€32,694
- Receivables within one year +€18,126
up €18,126 (+4,280%), from €424 to €18,549
- Cash -€2,975
down €2,975 (-4.0%), from €74,616 to €71,641
mainly Investment in fixed assets (net) (-€35,043) and Receivables within one year (-€18,126)
- Reserves +€20,000
new in 2025: €20,000
- Other debts +€9,543
up €9,543 (+48.2%), from €19,806 to €29,349
- Tax, wage and social debts +€5,224
up €5,224 (+27.4%), from €19,037 to €24,261
of which Taxes: +€7,024
- Debts after one year -€2,852
down €2,852 (-2.9%), from €98,780 to €95,928
- Current portion of long-term debt +€2,503
up €2,503 (+21.2%), from €11,795 to €14,298
- Gross operating margin +€10,003
up €10,003 (+18.4%), from €54,255 to €64,258
- Taxes +€4,780
up €4,780 (+49.0%), from €9,760 to €14,540
- Other operating charges -€1,221
down €1,221 (-58.9%), from €2,072 to €851
- Depreciation +€1,066
up €1,066 (+8.0%), from €13,401 to €14,467
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €208,421 | €244,148 | +€35,727 | +17.1% |
| Fixed assets | 21/28 | €124,718 | €145,294 | +€20,576 | +16.5% |
| Tangible fixed assets | 22/27 | €124,718 | €145,294 | +€20,576 | +16.5% |
| Land and buildings | 22 | €122,273 | €110,935 | -€11,338 | -9.3% |
| Plant, machinery and equipment | 23 | €1,859 | €1,079 | -€780 | -42.0% |
| Furniture and vehicles | 24 | €586 | €33,280 | +€32,694 | +5,578% |
| Current assets | 29/58 | €83,703 | €98,853 | +€15,151 | +18.1% |
| Amounts receivable after more than one year | 29 | €63 | €63 | = | 0.0% |
| Other amounts receivable | 291 | €63 | €63 | = | 0.0% |
| Stocks and contracts in progress | 3 | €8,600 | €8,600 | = | 0.0% |
| Stocks | 30/36 | €8,600 | €8,600 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €424 | €18,549 | +€18,126 | +4,280% |
| Trade receivables | 40 | €424 | €18,549 | +€18,126 | +4,280% |
| Cash at bank and in hand | 54/58 | €74,616 | €71,641 | -€2,975 | -4.0% |
| Total equity and liabilities | 10/49 | €208,421 | €244,148 | +€35,727 | +17.1% |
| Equity | 10/15 | €55,764 | €77,012 | +€21,248 | +38.1% |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | - | €20,000 | +€20,000 | |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | €18,264 | €19,512 | +€1,248 | +6.8% |
| Amounts payable | 17/49 | €152,657 | €167,136 | +€14,479 | +9.5% |
| Amounts payable after more than one year | 17 | €98,780 | €95,928 | -€2,852 | -2.9% |
| Financial debts | 170/4 | €98,780 | €95,928 | -€2,852 | -2.9% |
| Amounts payable within one year | 42/48 | €53,877 | €71,208 | +€17,331 | +32.2% |
| Current portion of amounts payable after more than one year | 42 | €11,795 | €14,298 | +€2,503 | +21.2% |
| Trade debts | 44 | €3,239 | €3,300 | +€61 | +1.9% |
| Suppliers | 440/4 | €39 | - | -€39 | |
| Bills of exchange payable | 441 | €3,200 | €3,300 | +€100 | +3.1% |
| Taxes, remuneration and social security | 45 | €19,037 | €24,261 | +€5,224 | +27.4% |
| Taxes | 450/3 | €17,237 | €24,261 | +€7,024 | +40.8% |
| Remuneration and social security | 454/9 | €1,800 | - | -€1,800 | |
| Other amounts payable | 47/48 | €19,806 | €29,349 | +€9,543 | +48.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,401 | €14,467 | +€1,066 | +8.0% |
| Other operating charges | 640/8 | €2,072 | €851 | -€1,221 | -58.9% |
| Gross operating margin | 9900 | €54,255 | €64,258 | +€10,003 | +18.4% |
| Operating profit (loss) | 9901 | €38,783 | €48,940 | +€10,157 | +26.2% |
| Financial income | 75/76B | €89 | €128 | +€40 | +45.0% |
| Recurring financial income | 75 | €89 | €128 | +€40 | +45.0% |
| Financial charges | 65/66B | €3,350 | €3,281 | -€69 | -2.1% |
| Recurring financial charges | 65 | €3,350 | €3,281 | -€69 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €35,521 | €45,787 | +€10,266 | +28.9% |
| Income taxes | 67/77 | €9,760 | €14,540 | +€4,780 | +49.0% |
| Profit (loss) for the period | 9904 | €25,762 | €31,248 | +€5,486 | +21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,762 | €31,248 | +€5,486 | +21.3% |
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 16 October 2026 via checked.be.