Bitterpeeën: 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
Bitterpeeën
NACE 56.111, Full-service restaurants
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€9,507
2024 · €2,468-€11,975
Equity
€127,830
2024 · €137,337-€9,507
Cash
€30,802
2024 · €19,397+€11,405
Balance sheet total
€1.1m
2024 · €1.2m-€87,219
Largest movements
Assets
- Tangible fixed assets -€92,868
down €92,868 (-9.6%), from €963,676 to €870,808
of which Other tangible fixed assets: -€76,917
Equity and liabilities
- Debts after one year -€96,291
down €96,291 (-13.0%), from €739,470 to €643,179
- Other debts -€45,439
down €45,439 (-61.6%), from €73,793 to €28,353
- Trade debts +€44,282
up €44,282 (+101.5%), from €43,612 to €87,894
- Current portion of long-term debt +€15,300
up €15,300 (+22.3%), from €68,727 to €84,027
Income statement
- Gross operating margin -€24,487
down €24,487 (-4.5%), from €543,569 to €519,082
- Staff costs +€14,150
up €14,150 (+4.0%), from €350,949 to €365,099
- Depreciation -€11,223
down €11,223 (-9.0%), from €124,654 to €113,431
- Other operating charges -€8,525
down €8,525 (-44.1%), from €19,340 to €10,815
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
€2,468
Gross operating margin
-€24,487
Staff costs
-€14,150
Depreciation
+€11,223
Other operating charges
+€8,525
Financial income
-€353
Financial charges
+€5,084
Taxes
+€2,183
Result 2025
-€9,507
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
+€112,907
Investment
-€21,024
Financing
-€80,478
Cash 2024
€19,397
From operations (derived)
+€112,907
Net result for the year
-€9,507
Depreciation
+€113,431
Stocks and contracts
-€3,674
Receivables within one year
+€9,340
Deferred charges and accrued income
+€552
Trade debts
+€44,282
Tax, wage and social debts
+€3,924
Other debts
-€45,439
Investment (derived)
-€21,024
Investment in fixed assets (net)
-€20,986
Current investments
-€38
Financing
-€80,478
Debts after one year
-€96,291
Current portion of long-term debt
+€15,300
Short-term financial debts
+€513
Cash 2025
€30,802
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,154,798 | €1,067,579 | -€87,219 | -7.6% |
| Fixed assets | 21/28 | €967,413 | €874,968 | -€92,445 | -9.6% |
| Tangible fixed assets | 22/27 | €963,676 | €870,808 | -€92,868 | -9.6% |
| Land and buildings | 22 | €9,106 | €7,709 | -€1,397 | -15.3% |
| Plant, machinery and equipment | 23 | €42,005 | €46,254 | +€4,249 | +10.1% |
| Furniture and vehicles | 24 | €87,799 | €68,997 | -€18,803 | -21.4% |
| Other tangible fixed assets | 26 | €824,765 | €747,849 | -€76,917 | -9.3% |
| Financial fixed assets | 28 | €3,737 | €4,160 | +€424 | +11.3% |
| Current assets | 29/58 | €187,385 | €192,611 | +€5,226 | +2.8% |
| Stocks and contracts in progress | 3 | €29,732 | €33,406 | +€3,674 | +12.4% |
| Stocks | 30/36 | €29,732 | €33,406 | +€3,674 | +12.4% |
| Amounts receivable within one year | 40/41 | €128,695 | €119,355 | -€9,340 | -7.3% |
| Trade receivables | 40 | €103,312 | €93,160 | -€10,151 | -9.8% |
| Other amounts receivable | 41 | €25,383 | €26,195 | +€812 | +3.2% |
| Current investments | 50/53 | €7,447 | €7,485 | +€38 | +0.5% |
| Cash at bank and in hand | 54/58 | €19,397 | €30,802 | +€11,405 | +58.8% |
| Deferred charges and accrued income | 490/1 | €2,114 | €1,562 | -€552 | -26.1% |
| Total equity and liabilities | 10/49 | €1,154,798 | €1,067,579 | -€87,219 | -7.6% |
| Equity | 10/15 | €137,337 | €127,830 | -€9,507 | -6.9% |
| Contributions | 10/11 | €45,377 | €45,377 | = | 0.0% |
| Reserves | 13 | €85,352 | €85,352 | = | 0.0% |
| Distributable reserves | 133 | €85,352 | €85,352 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,607 | -€2,899 | -€9,507 | |
| Amounts payable | 17/49 | €1,017,461 | €939,749 | -€77,712 | -7.6% |
| Amounts payable after more than one year | 17 | €739,470 | €643,179 | -€96,291 | -13.0% |
| Financial debts | 170/4 | €739,470 | €643,179 | -€96,291 | -13.0% |
| Amounts payable within one year | 42/48 | €277,992 | €296,570 | +€18,579 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €68,727 | €84,027 | +€15,300 | +22.3% |
| Financial debts | 43 | - | €513 | +€513 | |
| Credit institutions | 430/8 | - | €513 | +€513 | |
| Trade debts | 44 | €43,612 | €87,894 | +€44,282 | +101.5% |
| Suppliers | 440/4 | €43,612 | €87,894 | +€44,282 | +101.5% |
| Taxes, remuneration and social security | 45 | €91,860 | €95,784 | +€3,924 | +4.3% |
| Taxes | 450/3 | €53,755 | €54,620 | +€866 | +1.6% |
| Remuneration and social security | 454/9 | €38,106 | €41,164 | +€3,058 | +8.0% |
| Other amounts payable | 47/48 | €73,793 | €28,353 | -€45,439 | -61.6% |
| Non-recurring operating income | 76A | €4,850 | €1,516 | -€3,334 | -68.7% |
| Remuneration, social security and pensions | 62 | €350,949 | €365,099 | +€14,150 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124,654 | €113,431 | -€11,223 | -9.0% |
| Other operating charges | 640/8 | €19,340 | €10,815 | -€8,525 | -44.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €543,569 | €519,082 | -€24,487 | -4.5% |
| Operating profit (loss) | 9901 | €48,625 | €29,737 | -€18,888 | -38.8% |
| Financial income | 75/76B | €455 | €101 | -€353 | -77.7% |
| Recurring financial income | 75 | €455 | €101 | -€353 | -77.7% |
| Financial charges | 65/66B | €32,356 | €27,271 | -€5,084 | -15.7% |
| Recurring financial charges | 65 | €32,356 | €27,271 | -€5,084 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €16,725 | €2,567 | -€14,158 | -84.7% |
| Income taxes | 67/77 | €14,256 | €12,074 | -€2,183 | -15.3% |
| Profit (loss) for the period | 9904 | €2,468 | -€9,507 | -€11,975 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,468 | -€9,507 | -€11,975 |
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 9 October 2026 via checked.be.