CANTINE COPINE: what changed
Two fiscal 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
CANTINE COPINE
NACE 56.111, Full-service restaurants
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€31
2024 · €437-€406
Equity
€138,999
2024 · €138,968+€31
Cash
€5,881
2024 · €24,926-€19,045
Balance sheet total
€579,179
2024 · €627,724-€48,544
Largest movements
Assets
- Tangible fixed assets -€33,334
down €33,334 (-7.0%), from €474,257 to €440,923
of which Land and buildings: -€17,000
- Cash -€19,045
down €19,045 (-76.4%), from €24,926 to €5,881
mainly Debts after one year (-€64,504) and Investment in fixed assets (net) (-€20,750)
Equity and liabilities
- Debts after one year -€64,504
down €64,504 (-18.7%), from €345,544 to €281,040
- Current portion of long-term debt +€6,785
up €6,785 (+8.8%), from €76,966 to €83,751
Income statement
- Staff costs -€4,986
down €4,986 (-2.9%), from €172,446 to €167,460
- Gross operating margin -€4,484
down €4,484 (-1.9%), from €241,896 to €237,411
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
€437
Gross operating margin
-€4,484
Staff costs
+€4,986
Depreciation
-€615
Other operating charges
+€154
Financial income
+€1,377
Financial charges
-€2,279
Taxes
+€455
Result 2025
€31
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
+€54,653
Investment
-€20,750
Financing
-€52,948
Cash 2024
€24,926
From operations (derived)
+€54,653
Net result for the year
+€31
Depreciation
+€54,084
Receivables after one year
-€4,534
Stocks and contracts
+€3,513
Receivables within one year
-€4,363
Deferred charges and accrued income
+€1,550
Trade debts
+€343
Tax, wage and social debts
+€4,657
Advances received
+€2,189
Accrued charges and deferred income
-€2,816
Investment (derived)
-€20,750
Investment in fixed assets (net)
-€20,750
Financing
-€52,948
Debts after one year
-€64,504
Current portion of long-term debt
+€6,785
Short-term financial debts
+€4,771
Cash 2025
€5,881
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €627,724 | €579,179 | -€48,544 | -7.7% |
| Fixed assets | 21/28 | €476,032 | €442,698 | -€33,334 | -7.0% |
| Tangible fixed assets | 22/27 | €474,257 | €440,923 | -€33,334 | -7.0% |
| Land and buildings | 22 | €216,565 | €199,565 | -€17,000 | -7.8% |
| Plant, machinery and equipment | 23 | €222,132 | €211,465 | -€10,667 | -4.8% |
| Furniture and vehicles | 24 | €29,569 | €21,240 | -€8,329 | -28.2% |
| Leasing and similar rights | 25 | €5,991 | €8,652 | +€2,661 | +44.4% |
| Financial fixed assets | 28 | €1,775 | €1,775 | = | 0.0% |
| Current assets | 29/58 | €151,691 | €136,481 | -€15,210 | -10.0% |
| Amounts receivable after more than one year | 29 | €86,055 | €90,590 | +€4,534 | +5.3% |
| Other amounts receivable | 291 | €86,055 | €90,590 | +€4,534 | +5.3% |
| Stocks and contracts in progress | 3 | €27,383 | €23,870 | -€3,513 | -12.8% |
| Stocks | 30/36 | €27,383 | €23,870 | -€3,513 | -12.8% |
| Amounts receivable within one year | 40/41 | €8,685 | €13,049 | +€4,363 | +50.2% |
| Trade receivables | 40 | - | €8,562 | +€8,562 | |
| Other amounts receivable | 41 | €8,685 | €4,487 | -€4,199 | -48.3% |
| Cash at bank and in hand | 54/58 | €24,926 | €5,881 | -€19,045 | -76.4% |
| Deferred charges and accrued income | 490/1 | €4,643 | €3,093 | -€1,550 | -33.4% |
| Total equity and liabilities | 10/49 | €627,724 | €579,179 | -€48,544 | -7.7% |
| Equity | 10/15 | €138,968 | €138,999 | +€31 | 0.0% |
| Contributions | 10/11 | €18,972 | €18,972 | = | 0.0% |
| Reserves | 13 | €119,996 | €120,027 | +€31 | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €119,996 | €120,027 | +€31 | 0.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €488,756 | €440,181 | -€48,575 | -9.9% |
| Amounts payable after more than one year | 17 | €345,544 | €281,040 | -€64,504 | -18.7% |
| Financial debts | 170/4 | €345,544 | €281,040 | -€64,504 | -18.7% |
| Amounts payable within one year | 42/48 | €134,631 | €153,376 | +€18,745 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €76,966 | €83,751 | +€6,785 | +8.8% |
| Financial debts | 43 | €4,167 | €8,938 | +€4,771 | +114.5% |
| Credit institutions | 430/8 | €4,167 | €8,938 | +€4,771 | +114.5% |
| Trade debts | 44 | €42,653 | €42,996 | +€343 | +0.8% |
| Suppliers | 440/4 | €42,653 | €42,996 | +€343 | +0.8% |
| Advances received on contracts in progress | 46 | €11 | €2,199 | +€2,189 | +20825.5% |
| Taxes, remuneration and social security | 45 | €10,835 | €15,492 | +€4,657 | +43.0% |
| Taxes | 450/3 | €5,565 | €10,556 | +€4,991 | +89.7% |
| Remuneration and social security | 454/9 | €5,270 | €4,936 | -€334 | -6.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €8,581 | €5,765 | -€2,816 | -32.8% |
| Remuneration, social security and pensions | 62 | €172,446 | €167,460 | -€4,986 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,469 | €54,084 | +€615 | +1.2% |
| Other operating charges | 640/8 | €3,814 | €3,660 | -€154 | -4.0% |
| Gross operating margin | 9900 | €241,896 | €237,411 | -€4,484 | -1.9% |
| Operating profit (loss) | 9901 | €12,166 | €12,207 | +€41 | +0.3% |
| Financial income | 75/76B | €3,913 | €5,289 | +€1,377 | +35.2% |
| Recurring financial income | 75 | €3,913 | €5,289 | +€1,377 | +35.2% |
| Financial charges | 65/66B | €14,985 | €17,264 | +€2,279 | +15.2% |
| Recurring financial charges | 65 | €14,985 | €17,264 | +€2,279 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €1,094 | €232 | -€861 | -78.8% |
| Income taxes | 67/77 | €657 | €201 | -€455 | -69.3% |
| Profit (loss) for the period | 9904 | €437 | €31 | -€406 | -92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €437 | €31 | -€406 | -92.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.