BOTERHUIS: 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
BOTERHUIS
NACE 56.301, Cafés and bars
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€207,994
2024 · €205,907+€2,087
Equity
€1.5m
2024 · €1.3m+€200,494
Cash
€111,026
2024 · €145,673-€34,647
Balance sheet total
€2.6m
2024 · €2.7m-€120,458
Largest movements
Assets
- Tangible fixed assets -€94,646
down €94,646 (-3.8%), from €2.5m to €2.4m
of which Land and buildings: -€86,524
- Cash -€34,647
down €34,647 (-23.8%), from €145,673 to €111,026
mainly Other debts (-€206,266) and Debts after one year (-€105,497)
Equity and liabilities
- Other debts -€206,266
down €206,266 (-82.5%), from €249,966 to €43,700
- Reserves +€200,494
up €200,494 (+18.2%), from €1.1m to €1.3m
of which Distributable reserves: +€200,494
- Debts after one year -€105,497
down €105,497 (-10.8%), from €974,856 to €869,359
Income statement
- Other operating charges -€30,675
down €30,675 (-34.2%), from €89,746 to €59,071
- Gross operating margin -€26,559
down €26,559 (-3.9%), from €673,467 to €646,909
- Staff costs +€15,327
up €15,327 (+11.2%), from €137,139 to €152,466
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
€205,907
Gross operating margin
-€26,559
Staff costs
-€15,327
Depreciation
+€6,431
Provisions
+€5,870
Other operating charges
+€30,675
Financial income
+€10
Financial charges
+€3,014
Taxes
-€2,029
Result 2025
€207,994
raises the resultlowers the result
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.
From operations
+€96,997
Investment
-€15,423
Financing
-€116,220
Cash 2024
€145,673
From operations (derived)
+€96,997
Net result for the year
+€207,994
Depreciation
+€110,223
Receivables within one year
-€18,183
Deferred charges and accrued income
+€9,195
Trade debts
-€5,019
Tax, wage and social debts
-€1,974
Advances received
+€1,027
Other debts
-€206,266
Investment (derived)
-€15,423
Investment in fixed assets (net)
-€15,423
Financing
-€116,220
Debts after one year
-€105,497
Current portion of long-term debt
-€3,223
Contributions, distributions and other
-€7,500
Cash 2025
€111,026
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,739,127 | €2,618,669 | -€120,458 | -4.4% |
| Fixed assets | 21/28 | €2,517,638 | €2,422,838 | -€94,799 | -3.8% |
| Intangible fixed assets | 21 | €382 | €229 | -€153 | -40.1% |
| Tangible fixed assets | 22/27 | €2,517,256 | €2,422,610 | -€94,646 | -3.8% |
| Land and buildings | 22 | €1,784,818 | €1,698,294 | -€86,524 | -4.8% |
| Plant, machinery and equipment | 23 | €93,013 | €86,340 | -€6,673 | -7.2% |
| Furniture and vehicles | 24 | €14,609 | €13,160 | -€1,449 | -9.9% |
| Other tangible fixed assets | 26 | €624,816 | €624,816 | = | 0.0% |
| Current assets | 29/58 | €221,489 | €195,830 | -€25,659 | -11.6% |
| Stocks and contracts in progress | 3 | €1,000 | €1,000 | = | 0.0% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €58,817 | €77,000 | +€18,183 | +30.9% |
| Trade receivables | 40 | €35,045 | €66,205 | +€31,159 | +88.9% |
| Other amounts receivable | 41 | €23,772 | €10,795 | -€12,977 | -54.6% |
| Cash at bank and in hand | 54/58 | €145,673 | €111,026 | -€34,647 | -23.8% |
| Deferred charges and accrued income | 490/1 | €15,999 | €6,804 | -€9,195 | -57.5% |
| Total equity and liabilities | 10/49 | €2,739,127 | €2,618,669 | -€120,458 | -4.4% |
| Equity | 10/15 | €1,258,236 | €1,458,730 | +€200,494 | +15.9% |
| Contributions | 10/11 | €155,200 | €155,200 | = | 0.0% |
| Capital | 10 | €155,200 | €155,200 | = | 0.0% |
| Issued capital | 100 | €155,200 | €155,200 | = | 0.0% |
| Reserves | 13 | €1,103,036 | €1,303,530 | +€200,494 | +18.2% |
| Non-distributable reserves | 130/1 | €43,653 | €43,653 | = | 0.0% |
| Legal reserve | 130 | €43,653 | €43,653 | = | 0.0% |
| Distributable reserves | 133 | €1,059,383 | €1,259,877 | +€200,494 | +18.9% |
| Amounts payable | 17/49 | €1,480,891 | €1,159,939 | -€320,952 | -21.7% |
| Amounts payable after more than one year | 17 | €974,856 | €869,359 | -€105,497 | -10.8% |
| Financial debts | 170/4 | €974,856 | €869,359 | -€105,497 | -10.8% |
| Amounts payable within one year | 42/48 | €506,035 | €290,581 | -€215,455 | -42.6% |
| Current portion of amounts payable after more than one year | 42 | €108,720 | €105,497 | -€3,223 | -3.0% |
| Financial debts | 43 | €30,000 | €30,000 | = | 0.0% |
| Credit institutions | 430/8 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €86,964 | €81,946 | -€5,019 | -5.8% |
| Suppliers | 440/4 | €86,964 | €81,946 | -€5,019 | -5.8% |
| Advances received on contracts in progress | 46 | €80 | €1,107 | +€1,027 | +1,284% |
| Taxes, remuneration and social security | 45 | €30,304 | €28,330 | -€1,974 | -6.5% |
| Taxes | 450/3 | €10,555 | €2,130 | -€8,425 | -79.8% |
| Remuneration and social security | 454/9 | €19,749 | €26,200 | +€6,451 | +32.7% |
| Other amounts payable | 47/48 | €249,966 | €43,700 | -€206,266 | -82.5% |
| Remuneration, social security and pensions | 62 | €137,139 | €152,466 | +€15,327 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,654 | €110,223 | -€6,431 | -5.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €722 | -€5,148 | -€5,870 | |
| Other operating charges | 640/8 | €89,746 | €59,071 | -€30,675 | -34.2% |
| Gross operating margin | 9900 | €673,467 | €646,909 | -€26,559 | -3.9% |
| Operating profit (loss) | 9901 | €329,207 | €330,298 | +€1,091 | +0.3% |
| Financial income | 75/76B | €0 | €11 | +€10 | +3,721% |
| Recurring financial income | 75 | €0 | €11 | +€10 | +3,721% |
| Financial charges | 65/66B | €38,128 | €35,113 | -€3,014 | -7.9% |
| Recurring financial charges | 65 | €38,128 | €35,113 | -€3,014 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €291,079 | €295,195 | +€4,116 | +1.4% |
| Income taxes | 67/77 | €85,173 | €87,201 | +€2,029 | +2.4% |
| Profit (loss) for the period | 9904 | €205,907 | €207,994 | +€2,087 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €205,907 | €207,994 | +€2,087 | +1.0% |
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 19 October 2026 via checked.be.