CENTURY: 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
CENTURY
NACE 56.111, Full-service restaurants
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.3m
2024 · €910,994+€406,462
Equity
€7.9m
2024 · €6.8m+€1.1m
Cash
€470,708
2024 · €953,467-€482,759
Balance sheet total
€12.1m
2024 · €10.3m+€1.9m
Largest movements
Assets
- Tangible fixed assets +€2.6m
up €2.6m (+64.7%), from €4.0m to €6.6m
of which Land and buildings: +€2.4m
- Receivables after one year -€500,000
down €500,000 (-57.2%), from €873,639 to €373,639
- Cash -€482,759
down €482,759 (-50.6%), from €953,467 to €470,708
mainly Investment in fixed assets (net) (-€3.0m) and Receivables within one year (-€251,193)
- Receivables within one year +€251,193
up €251,193 (+62.9%), from €399,183 to €650,376
of which Other amounts receivable: +€145,504
Equity and liabilities
- Reserves +€1.1m
up €1.1m (+16.7%), from €6.7m to €7.8m
- Debts after one year +€954,625
up €954,625 (+111.0%), from €860,113 to €1.8m
Income statement
- Financial income +€755,295
up €755,295 (+114.6%), from €659,079 to €1.4m
- Services and other goods +€526,490
up €526,490 (+32.4%), from €1.6m to €2.1m
- Turnover +€355,665
up €355,665 (+5.7%), from €6.2m to €6.6m
- Taxes -€130,352
down €130,352 (-99.6%), from €130,938 to €587
of which Taxes: -€130,352
- Goods and materials +€122,585
up €122,585 (+6.5%), from €1.9m to €2.0m
of which Purchases: +€131,219
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
€910,994
Turnover
+€355,665
Other operating income
-€112,123
Goods and materials
-€122,585
Services and other goods
-€526,490
Staff costs
-€121,277
Depreciation
-€44,573
Write-downs
-€7,325
Other operating charges
-€1,723
Other operating items
+€114,208
Financial income
+€755,295
Financial charges
-€12,962
Taxes
+€130,352
Result 2025
€1.3m
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
+€1.8m
Investment
-€3.0m
Financing
+€762,895
Cash 2024
€953,467
From operations (derived)
+€1.8m
Net result for the year
+€1.3m
Depreciation
+€412,959
Receivables after one year
+€500,000
Stocks and contracts
-€857
Receivables within one year
-€251,193
Deferred charges and accrued income
+€9,820
Trade debts
-€51,665
Tax, wage and social debts
-€103,256
Other debts
-€34,702
Accrued charges and deferred income
-€39,270
Investment (derived)
-€3.0m
Investment in fixed assets (net)
-€3.0m
Financing
+€762,895
Debts after one year
+€954,625
Current portion of long-term debt
+€16,603
Short-term financial debts
-€8,333
Contributions, distributions and other
-€200,000
Cash 2025
€470,708
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,260,467 | €12,111,926 | +€1.9m | +18.0% |
| Fixed assets | 21/28 | €7,892,319 | €10,484,307 | +€2.6m | +32.8% |
| Intangible fixed assets | 21 | €8,000 | €0 | -€8,000 | -100.0% |
| Tangible fixed assets | 22/27 | €4,014,481 | €6,611,319 | +€2.6m | +64.7% |
| Land and buildings | 22 | €3,855,179 | €6,290,780 | +€2.4m | +63.2% |
| Plant, machinery and equipment | 23 | €99,885 | €163,384 | +€63,500 | +63.6% |
| Furniture and vehicles | 24 | €59,416 | €157,154 | +€97,738 | +164.5% |
| Financial fixed assets | 28 | €3,869,839 | €3,872,989 | +€3,150 | +0.1% |
| Affiliated companies | 280/1 | €3,869,839 | €3,869,839 | = | 0.0% |
| Participating interests | 280 | €3,869,839 | €3,869,839 | = | 0.0% |
| Other financial fixed assets | 284/8 | - | €3,150 | +€3,150 | |
| Amounts receivable and cash guarantees | 285/8 | - | €3,150 | +€3,150 | |
| Current assets | 29/58 | €2,368,148 | €1,627,618 | -€740,529 | -31.3% |
| Amounts receivable after more than one year | 29 | €873,639 | €373,639 | -€500,000 | -57.2% |
| Other amounts receivable | 291 | €873,639 | €373,639 | -€500,000 | -57.2% |
| Stocks and contracts in progress | 3 | €54,859 | €55,716 | +€857 | +1.6% |
| Stocks | 30/36 | €54,859 | €55,716 | +€857 | +1.6% |
| Goods purchased for resale | 34 | €54,859 | €55,716 | +€857 | +1.6% |
| Amounts receivable within one year | 40/41 | €399,183 | €650,376 | +€251,193 | +62.9% |
| Trade receivables | 40 | €178,862 | €284,551 | +€105,688 | +59.1% |
| Other amounts receivable | 41 | €220,321 | €365,825 | +€145,504 | +66.0% |
| Cash at bank and in hand | 54/58 | €953,467 | €470,708 | -€482,759 | -50.6% |
| Deferred charges and accrued income | 490/1 | €87,000 | €77,179 | -€9,820 | -11.3% |
| Total equity and liabilities | 10/49 | €10,260,467 | €12,111,926 | +€1.9m | +18.0% |
| Equity | 10/15 | €6,790,266 | €7,907,723 | +€1.1m | +16.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €6,690,266 | €7,807,723 | +€1.1m | +16.7% |
| Distributable reserves | 133 | €6,690,266 | €7,807,723 | +€1.1m | +16.7% |
| Amounts payable | 17/49 | €3,470,201 | €4,204,203 | +€734,002 | +21.2% |
| Amounts payable after more than one year | 17 | €860,113 | €1,814,738 | +€954,625 | +111.0% |
| Financial debts | 170/4 | €860,113 | €1,814,738 | +€954,625 | +111.0% |
| Credit institutions | 173 | €860,113 | €1,814,738 | +€954,625 | +111.0% |
| Amounts payable within one year | 42/48 | €2,567,102 | €2,385,749 | -€181,353 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €138,790 | €155,393 | +€16,603 | +12.0% |
| Financial debts | 43 | €8,333 | €0 | -€8,333 | -100.0% |
| Credit institutions | 430/8 | €8,333 | €0 | -€8,333 | -100.0% |
| Trade debts | 44 | €574,354 | €522,690 | -€51,665 | -9.0% |
| Suppliers | 440/4 | €574,354 | €522,690 | -€51,665 | -9.0% |
| Taxes, remuneration and social security | 45 | €440,331 | €337,075 | -€103,256 | -23.4% |
| Taxes | 450/3 | €120,889 | €13,500 | -€107,389 | -88.8% |
| Remuneration and social security | 454/9 | €319,442 | €323,575 | +€4,133 | +1.3% |
| Other amounts payable | 47/48 | €1,405,292 | €1,370,591 | -€34,702 | -2.5% |
| Accrued charges and deferred income | 492/3 | €42,986 | €3,716 | -€39,270 | -91.4% |
| Operating income | 70/76A | €6,810,031 | €7,053,573 | +€243,542 | +3.6% |
| Turnover | 70 | €6,226,048 | €6,581,713 | +€355,665 | +5.7% |
| Other operating income | 74 | €583,983 | €471,861 | -€112,123 | -19.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €6,377,301 | €7,087,065 | +€709,765 | +11.1% |
| Goods for resale, raw materials and consumables | 60 | €1,880,235 | €2,002,820 | +€122,585 | +6.5% |
| Purchases | 600/8 | €1,872,459 | €2,003,678 | +€131,219 | +7.0% |
| Change in stocks: decrease (increase) | 609 | €7,777 | -€857 | -€8,634 | |
| Services and other goods | 61 | €1,622,789 | €2,149,279 | +€526,490 | +32.4% |
| Remuneration, social security and pensions | 62 | €2,321,914 | €2,443,190 | +€121,277 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €368,386 | €412,959 | +€44,573 | +12.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,325 | +€7,325 | |
| Other operating charges | 640/8 | €69,731 | €71,454 | +€1,723 | +2.5% |
| Non-recurring operating charges | 66A | €114,246 | €38 | -€114,208 | -100.0% |
| Operating profit (loss) | 9901 | €432,730 | -€33,492 | -€466,222 | |
| Financial income | 75/76B | €659,079 | €1,414,374 | +€755,295 | +114.6% |
| Recurring financial income | 75 | €659,079 | €1,414,374 | +€755,295 | +114.6% |
| Income from financial fixed assets | 750 | €650,000 | €1,400,000 | +€750,000 | +115.4% |
| Income from current assets | 751 | €7,721 | €9,997 | +€2,276 | +29.5% |
| Other financial income | 752/9 | €1,358 | €4,377 | +€3,019 | +222.3% |
| Financial charges | 65/66B | €49,877 | €62,839 | +€12,962 | +26.0% |
| Recurring financial charges | 65 | €49,877 | €60,957 | +€11,081 | +22.2% |
| Debt charges | 650 | €24,329 | €41,767 | +€17,438 | +71.7% |
| Other financial charges | 652/9 | €25,548 | €19,191 | -€6,357 | -24.9% |
| Non-recurring financial charges | 66B | €0 | €1,881 | +€1,881 | |
| Profit (loss) for the period before taxes | 9903 | €1,041,933 | €1,318,043 | +€276,111 | +26.5% |
| Income taxes | 67/77 | €130,938 | €587 | -€130,352 | -99.6% |
| Taxes | 670/3 | €130,938 | €587 | -€130,352 | -99.6% |
| Tax adjustments and reversals of tax provisions | 77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | €910,994 | €1,317,457 | +€406,462 | +44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €910,994 | €1,317,457 | +€406,462 | +44.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.