BORRELHUIS: 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
BORRELHUIS
NACE 56.111, Full-service restaurants
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€6,826
2024 · €48,996-€42,170
Equity
€110,679
2024 · €103,853+€6,826
Cash
€155,917
2024 · €123,907+€32,010
Balance sheet total
€501,236
2024 · €473,533+€27,702
Largest movements
Assets
- Cash +€32,010
up €32,010 (+25.8%), from €123,907 to €155,917
mainly Short-term financial debts (+€75,000) and Depreciation (+€71,066)
- Stocks and contracts +€21,104
up €21,104 (+50.7%), from €41,623 to €62,727
- Tangible fixed assets -€17,958
down €17,958 (-12.2%), from €147,307 to €129,349
of which Furniture and vehicles: -€15,261
Equity and liabilities
- Short-term financial debts +€75,000
new in 2025: €75,000
- Current portion of long-term debt -€72,503
down €72,503 (-68.9%), from €105,185 to €32,682
- Trade debts +€47,391
up €47,391 (+79.4%), from €59,702 to €107,093
- Debts after one year -€11,512
down €11,512 (-42.1%), from €27,326 to €15,814
- Other debts -€9,552
down €9,552 (-14.8%), from €64,712 to €55,160
Income statement
- Gross operating margin -€83,357
down €83,357 (-9.5%), from €875,311 to €791,954
- Staff costs -€46,303
down €46,303 (-6.5%), from €713,837 to €667,533
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
€48,996
Gross operating margin
-€83,357
Staff costs
+€46,303
Depreciation
-€1,224
Other operating charges
-€694
Other operating items
-€5,196
Financial income
+€571
Financial charges
+€1,504
Taxes
-€78
Result 2025
€6,826
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
+€93,861
Investment
-€52,836
Financing
-€9,015
Cash 2024
€123,907
From operations (derived)
+€93,861
Net result for the year
+€6,826
Depreciation
+€71,066
Stocks and contracts
-€21,104
Receivables within one year
+€2,463
Deferred charges and accrued income
+€4,719
Trade debts
+€47,391
Tax, wage and social debts
-€8,335
Advances received
+€176
Other debts
-€9,552
Accrued charges and deferred income
+€212
Investment (derived)
-€52,836
Investment in fixed assets (net)
-€52,836
Financing
-€9,015
Debts after one year
-€11,512
Current portion of long-term debt
-€72,503
Short-term financial debts
+€75,000
Cash 2025
€155,917
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €473,533 | €501,236 | +€27,702 | +5.9% |
| Fixed assets | 21/28 | €170,286 | €152,056 | -€18,230 | -10.7% |
| Intangible fixed assets | 21 | €1,206 | €934 | -€272 | -22.6% |
| Tangible fixed assets | 22/27 | €147,307 | €129,349 | -€17,958 | -12.2% |
| Land and buildings | 22 | €56,373 | €42,048 | -€14,325 | -25.4% |
| Plant, machinery and equipment | 23 | €50,052 | €51,033 | +€981 | +2.0% |
| Furniture and vehicles | 24 | €37,133 | €21,872 | -€15,261 | -41.1% |
| Other tangible fixed assets | 26 | €3,749 | €14,396 | +€10,647 | +284.0% |
| Financial fixed assets | 28 | €21,774 | €21,774 | = | 0.0% |
| Current assets | 29/58 | €303,247 | €349,180 | +€45,933 | +15.1% |
| Stocks and contracts in progress | 3 | €41,623 | €62,727 | +€21,104 | +50.7% |
| Stocks | 30/36 | €41,623 | €62,727 | +€21,104 | +50.7% |
| Amounts receivable within one year | 40/41 | €121,008 | €118,546 | -€2,463 | -2.0% |
| Trade receivables | 40 | €62,953 | €74,743 | +€11,790 | +18.7% |
| Other amounts receivable | 41 | €58,055 | €43,803 | -€14,253 | -24.6% |
| Cash at bank and in hand | 54/58 | €123,907 | €155,917 | +€32,010 | +25.8% |
| Deferred charges and accrued income | 490/1 | €16,709 | €11,990 | -€4,719 | -28.2% |
| Total equity and liabilities | 10/49 | €473,533 | €501,236 | +€27,702 | +5.9% |
| Equity | 10/15 | €103,853 | €110,679 | +€6,826 | +6.6% |
| Contributions | 10/11 | €112,000 | €112,000 | = | 0.0% |
| Capital | 10 | €112,000 | €112,000 | = | 0.0% |
| Issued capital | 100 | €112,000 | €112,000 | = | 0.0% |
| Reserves | 13 | €22,934 | €22,934 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,200 | €11,200 | = | 0.0% |
| Legal reserve | 130 | €11,200 | €11,200 | = | 0.0% |
| Distributable reserves | 133 | €11,734 | €11,734 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,081 | -€24,256 | +€6,826 | +22.0% |
| Amounts payable | 17/49 | €369,680 | €390,557 | +€20,877 | +5.6% |
| Amounts payable after more than one year | 17 | €27,326 | €15,814 | -€11,512 | -42.1% |
| Financial debts | 170/4 | €27,326 | €15,814 | -€11,512 | -42.1% |
| Amounts payable within one year | 42/48 | €342,354 | €374,530 | +€32,176 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | €105,185 | €32,682 | -€72,503 | -68.9% |
| Financial debts | 43 | - | €75,000 | +€75,000 | |
| Credit institutions | 430/8 | - | €75,000 | +€75,000 | |
| Trade debts | 44 | €59,702 | €107,093 | +€47,391 | +79.4% |
| Suppliers | 440/4 | €59,702 | €107,093 | +€47,391 | +79.4% |
| Advances received on contracts in progress | 46 | €901 | €1,077 | +€176 | +19.5% |
| Taxes, remuneration and social security | 45 | €111,854 | €103,518 | -€8,335 | -7.5% |
| Taxes | 450/3 | €34,455 | €23,143 | -€11,312 | -32.8% |
| Remuneration and social security | 454/9 | €77,398 | €80,375 | +€2,977 | +3.8% |
| Other amounts payable | 47/48 | €64,712 | €55,160 | -€9,552 | -14.8% |
| Accrued charges and deferred income | 492/3 | - | €212 | +€212 | |
| Remuneration, social security and pensions | 62 | €713,837 | €667,533 | -€46,303 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,842 | €71,066 | +€1,224 | +1.8% |
| Other operating charges | 640/8 | €27,027 | €27,721 | +€694 | +2.6% |
| Non-recurring operating charges | 66A | - | €5,196 | +€5,196 | |
| Gross operating margin | 9900 | €875,311 | €791,954 | -€83,357 | -9.5% |
| Operating profit (loss) | 9901 | €64,605 | €20,437 | -€44,167 | -68.4% |
| Financial income | 75/76B | €344 | €915 | +€571 | +165.8% |
| Recurring financial income | 75 | €344 | €915 | +€571 | +165.8% |
| Financial charges | 65/66B | €15,630 | €14,126 | -€1,504 | -9.6% |
| Recurring financial charges | 65 | €15,630 | €14,126 | -€1,504 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €49,319 | €7,226 | -€42,092 | -85.3% |
| Income taxes | 67/77 | €323 | €401 | +€78 | +24.1% |
| Profit (loss) for the period | 9904 | €48,996 | €6,826 | -€42,170 | -86.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,996 | €6,826 | -€42,170 | -86.1% |
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 11 October 2026 via checked.be.