BUDS-DIVING: what changed
What changed
BUDS-DIVING
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
-€937
2024 · €12,730-€13,667
Equity
-€24,386
2024 · -€23,448-€938
Cash
€41,973
2024 · €42,616-€643
Balance sheet total
€478,003
2024 · €514,770-€36,767
Largest movements
Assets
- Tangible fixed assets -€30,919
down €30,919 (-6.9%), from €448,904 to €417,985
of which Other tangible fixed assets: -€19,974
Equity and liabilities
- Debts after one year -€31,457
down €31,457 (-9.8%), from €321,744 to €290,287
Income statement
- Gross operating margin -€21,254
down €21,254 (-27.9%), from €76,128 to €54,874
- Staff costs -€5,387
down €5,387 (-38.2%), from €14,108 to €8,721
- Depreciation -€1,262
down €1,262 (-3.7%), from €33,807 to €32,545
- Financial charges -€900
down €900 (-9.0%), from €9,973 to €9,073
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€12,730
Gross operating margin
-€21,254
Staff costs
+€5,387
Depreciation
+€1,262
Other operating charges
+€29
Financial income
-€7
Financial charges
+€900
Taxes
+€16
Result 2025
-€937
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€31,730
Investment
-€1,626
Financing
-€30,747
Cash 2024
€42,616
From operations (derived)
+€31,730
Net result for the year
-€937
Depreciation
+€32,545
Stocks and contracts
+€157
Receivables within one year
+€5,043
Deferred charges and accrued income
+€5
Trade debts
-€800
Tax, wage and social debts
-€2,503
Advances received
-€833
Other debts
-€947
Investment (derived)
-€1,626
Investment in fixed assets (net)
-€1,626
Financing
-€30,747
Debts after one year
-€31,457
Current portion of long-term debt
+€711
Contributions, distributions and other
-€1
Cash 2025
€41,973
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €514,770 | €478,003 | -€36,767 | -7.1% |
| Fixed assets | 21/28 | €448,904 | €417,985 | -€30,919 | -6.9% |
| Tangible fixed assets | 22/27 | €448,904 | €417,985 | -€30,919 | -6.9% |
| Land and buildings | 22 | €303,842 | €294,983 | -€8,859 | -2.9% |
| Plant, machinery and equipment | 23 | €6,818 | €5,460 | -€1,358 | -19.9% |
| Furniture and vehicles | 24 | €1,845 | €1,117 | -€728 | -39.5% |
| Other tangible fixed assets | 26 | €136,399 | €116,425 | -€19,974 | -14.6% |
| Current assets | 29/58 | €65,866 | €60,018 | -€5,848 | -8.9% |
| Stocks and contracts in progress | 3 | €2,791 | €2,634 | -€157 | -5.6% |
| Stocks | 30/36 | €2,791 | €2,634 | -€157 | -5.6% |
| Amounts receivable within one year | 40/41 | €16,550 | €11,507 | -€5,043 | -30.5% |
| Trade receivables | 40 | €15,345 | €10,370 | -€4,975 | -32.4% |
| Other amounts receivable | 41 | €1,205 | €1,137 | -€68 | -5.6% |
| Cash at bank and in hand | 54/58 | €42,616 | €41,973 | -€643 | -1.5% |
| Deferred charges and accrued income | 490/1 | €3,909 | €3,904 | -€5 | -0.1% |
| Total equity and liabilities | 10/49 | €514,770 | €478,003 | -€36,767 | -7.1% |
| Equity | 10/15 | -€23,448 | -€24,386 | -€938 | -4.0% |
| Contributions | 10/11 | €153,550 | €153,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€178,853 | -€179,791 | -€938 | -0.5% |
| Amounts payable | 17/49 | €538,218 | €502,389 | -€35,829 | -6.7% |
| Amounts payable after more than one year | 17 | €321,744 | €290,287 | -€31,457 | -9.8% |
| Financial debts | 170/4 | €321,744 | €290,287 | -€31,457 | -9.8% |
| Amounts payable within one year | 42/48 | €216,474 | €212,102 | -€4,372 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €23,456 | €24,167 | +€711 | +3.0% |
| Trade debts | 44 | €5,762 | €4,962 | -€800 | -13.9% |
| Suppliers | 440/4 | €5,762 | €4,962 | -€800 | -13.9% |
| Advances received on contracts in progress | 46 | €4,877 | €4,044 | -€833 | -17.1% |
| Taxes, remuneration and social security | 45 | €5,438 | €2,935 | -€2,503 | -46.0% |
| Taxes | 450/3 | €3,625 | €2,494 | -€1,131 | -31.2% |
| Remuneration and social security | 454/9 | €1,813 | €441 | -€1,372 | -75.7% |
| Other amounts payable | 47/48 | €176,941 | €175,994 | -€947 | -0.5% |
| Remuneration, social security and pensions | 62 | €14,108 | €8,721 | -€5,387 | -38.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,807 | €32,545 | -€1,262 | -3.7% |
| Other operating charges | 640/8 | €5,279 | €5,250 | -€29 | -0.5% |
| Gross operating margin | 9900 | €76,128 | €54,874 | -€21,254 | -27.9% |
| Operating profit (loss) | 9901 | €22,934 | €8,358 | -€14,576 | -63.6% |
| Financial income | 75/76B | €8 | €1 | -€7 | -87.5% |
| Recurring financial income | 75 | €8 | €1 | -€7 | -87.5% |
| Financial charges | 65/66B | €9,973 | €9,073 | -€900 | -9.0% |
| Recurring financial charges | 65 | €9,973 | €9,073 | -€900 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €12,969 | -€714 | -€13,683 | |
| Income taxes | 67/77 | €239 | €223 | -€16 | -6.7% |
| Profit (loss) for the period | 9904 | €12,730 | -€937 | -€13,667 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,730 | -€937 | -€13,667 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.