CANTERBURY: 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
CANTERBURY
NACE 56.111, Full-service restaurants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2,357
2024 · €27,946-€25,589
Equity
€85,328
2024 · €137,971-€52,643
Cash
€96,519
2024 · €95,359+€1,160
Balance sheet total
€656,958
2024 · €798,953-€141,995
Largest movements
Assets
- Receivables within one year -€117,783
down €117,783 (-53.2%), from €221,589 to €103,806
of which Other amounts receivable: -€146,096
- Tangible fixed assets -€18,239
down €18,239 (-4.4%), from €410,518 to €392,279
Equity and liabilities
- Current portion of long-term debt -€55,024
down €55,024 (-72.0%), from €76,410 to €21,385
- Reserves -€55,000
down €55,000 (-64.8%), from €84,860 to €29,860
- Trade debts -€33,866
down €33,866 (-20.7%), from €163,303 to €129,437
- Tax, wage and social debts +€23,742
up €23,742 (+9.0%), from €264,334 to €288,076
of which Remuneration and social security: +€17,890
- Debts after one year -€21,385
down €21,385 (-74.4%), from €28,733 to €7,347
Income statement
- Gross operating margin -€118,383
down €118,383 (-8.8%), from €1.4m to €1.2m
- Staff costs -€85,026
down €85,026 (-6.8%), from €1.3m to €1.2m
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
€27,946
Gross operating margin
-€118,383
Staff costs
+€85,026
Depreciation
-€3,486
Other operating charges
+€108
Financial charges
+€8,994
Taxes
+€2,153
Result 2025
€2,357
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
+€137,343
Investment
-€11,558
Financing
-€124,625
Cash 2024
€95,359
From operations (derived)
+€137,343
Net result for the year
+€2,357
Depreciation
+€33,348
Stocks and contracts
-€748
Receivables within one year
+€117,783
Deferred charges and accrued income
+€4,329
Trade debts
-€33,866
Tax, wage and social debts
+€23,742
Other debts
-€12,336
Accrued charges and deferred income
+€2,733
Investment (derived)
-€11,558
Investment in fixed assets (net)
-€11,558
Financing
-€124,625
Debts after one year
-€21,385
Current portion of long-term debt
-€55,024
Short-term financial debts
+€6,784
Contributions, distributions and other
-€55,000
Cash 2025
€96,519
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €798,953 | €656,958 | -€141,995 | -17.8% |
| Formation expenses | 20 | €6,244 | €4,580 | -€1,663 | -26.6% |
| Fixed assets | 21/28 | €426,570 | €406,442 | -€20,127 | -4.7% |
| Intangible fixed assets | 21 | €16,052 | €14,163 | -€1,888 | -11.8% |
| Tangible fixed assets | 22/27 | €410,518 | €392,279 | -€18,239 | -4.4% |
| Plant, machinery and equipment | 23 | €28,718 | €21,416 | -€7,302 | -25.4% |
| Furniture and vehicles | 24 | €302,000 | €294,813 | -€7,188 | -2.4% |
| Leasing and similar rights | 25 | €16,163 | €12,876 | -€3,287 | -20.3% |
| Other tangible fixed assets | 26 | €63,637 | €63,175 | -€462 | -0.7% |
| Current assets | 29/58 | €366,139 | €245,935 | -€120,204 | -32.8% |
| Stocks and contracts in progress | 3 | €28,903 | €29,651 | +€748 | +2.6% |
| Stocks | 30/36 | €28,903 | €29,651 | +€748 | +2.6% |
| Amounts receivable within one year | 40/41 | €221,589 | €103,806 | -€117,783 | -53.2% |
| Trade receivables | 40 | €10,816 | €39,129 | +€28,313 | +262% |
| Other amounts receivable | 41 | €210,773 | €64,677 | -€146,096 | -69.3% |
| Cash at bank and in hand | 54/58 | €95,359 | €96,519 | +€1,160 | +1.2% |
| Deferred charges and accrued income | 490/1 | €20,289 | €15,960 | -€4,329 | -21.3% |
| Total equity and liabilities | 10/49 | €798,953 | €656,958 | -€141,995 | -17.8% |
| Equity | 10/15 | €137,971 | €85,328 | -€52,643 | -38.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €84,860 | €29,860 | -€55,000 | -64.8% |
| Distributable reserves | 133 | €84,860 | €29,860 | -€55,000 | -64.8% |
| Profit (loss) carried forward | 14 | €34,511 | €36,868 | +€2,357 | +6.8% |
| Amounts payable | 17/49 | €660,982 | €571,630 | -€89,352 | -13.5% |
| Amounts payable after more than one year | 17 | €28,733 | €7,347 | -€21,385 | -74.4% |
| Financial debts | 170/4 | €28,733 | €7,347 | -€21,385 | -74.4% |
| Amounts payable within one year | 42/48 | €632,249 | €561,549 | -€70,700 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €76,410 | €21,385 | -€55,024 | -72.0% |
| Financial debts | 43 | €115,866 | €122,651 | +€6,784 | +5.9% |
| Credit institutions | 430/8 | €115,866 | €122,651 | +€6,784 | +5.9% |
| Trade debts | 44 | €163,303 | €129,437 | -€33,866 | -20.7% |
| Suppliers | 440/4 | €163,303 | €129,437 | -€33,866 | -20.7% |
| Taxes, remuneration and social security | 45 | €264,334 | €288,076 | +€23,742 | +9.0% |
| Taxes | 450/3 | €22,710 | €28,561 | +€5,852 | +25.8% |
| Remuneration and social security | 454/9 | €241,624 | €259,515 | +€17,890 | +7.4% |
| Other amounts payable | 47/48 | €12,336 | - | -€12,336 | |
| Accrued charges and deferred income | 492/3 | - | €2,733 | +€2,733 | |
| Non-recurring operating income | 76A | €16,998 | - | -€16,998 | |
| Remuneration, social security and pensions | 62 | €1,255,196 | €1,170,170 | -€85,026 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,863 | €33,348 | +€3,486 | +11.7% |
| Other operating charges | 640/8 | €13,266 | €13,158 | -€108 | -0.8% |
| Gross operating margin | 9900 | €1,350,930 | €1,232,547 | -€118,383 | -8.8% |
| Operating profit (loss) | 9901 | €52,606 | €15,871 | -€36,735 | -69.8% |
| Financial charges | 65/66B | €20,960 | €11,966 | -€8,994 | -42.9% |
| Recurring financial charges | 65 | €20,960 | €11,966 | -€8,994 | -42.9% |
| Profit (loss) for the period before taxes | 9903 | €31,646 | €3,904 | -€27,742 | -87.7% |
| Income taxes | 67/77 | €3,700 | €1,547 | -€2,153 | -58.2% |
| Profit (loss) for the period | 9904 | €27,946 | €2,357 | -€25,589 | -91.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,946 | €2,357 | -€25,589 | -91.6% |
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 27 October 2026 via checked.be.