CHALET WESTHINDER: 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
CHALET WESTHINDER
NACE 56.301, Cafés and bars
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€118,753
2024 · €88,041+€30,712
Equity
€872,793
2024 · €754,040+€118,753
Cash
€719,721
2024 · €616,021+€103,700
Balance sheet total
€1.4m
2024 · €1.3m+€82,660
Largest movements
Assets
- Cash +€103,700
up €103,700 (+16.8%), from €616,021 to €719,721
mainly Net result for the year (+€118,753) and Depreciation (+€54,965)
- Tangible fixed assets -€29,513
down €29,513 (-4.4%), from €672,173 to €642,660
Equity and liabilities
- Reserves +€118,753
up €118,753 (+23.1%), from €514,040 to €632,793
of which Distributable reserves: +€110,333
- Debts after one year -€40,678
down €40,678 (-8.3%), from €487,220 to €446,542
of which Financial debts: -€40,678
Income statement
- Gross operating margin +€38,425
up €38,425 (+17.3%), from €222,206 to €260,631
- Taxes +€5,675
up €5,675 (+15.5%), from €36,529 to €42,204
- Staff costs +€4,966
up €4,966 (+25.8%), from €19,220 to €24,185
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
€88,041
Gross operating margin
+€38,425
Staff costs
-€4,966
Depreciation
-€853
Other operating charges
-€77
Financial income
+€1,460
Financial charges
+€2,397
Taxes
-€5,675
Result 2025
€118,753
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
+€151,996
Investment
-€16,709
Financing
-€31,587
Cash 2024
€616,021
From operations (derived)
+€151,996
Net result for the year
+€118,753
Depreciation
+€54,965
Receivables within one year
-€13,259
Deferred charges and accrued income
-€3,957
Trade debts
-€1,424
Tax, wage and social debts
-€769
Other debts
+€102
Accrued charges and deferred income
-€2,415
Investment (derived)
-€16,709
Investment in fixed assets (net)
-€16,709
Financing
-€31,587
Debts after one year
-€40,678
Current portion of long-term debt
+€9,091
Cash 2025
€719,721
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,326,670 | €1,409,330 | +€82,660 | +6.2% |
| Fixed assets | 21/28 | €698,402 | €660,146 | -€38,256 | -5.5% |
| Intangible fixed assets | 21 | €26,229 | €17,486 | -€8,743 | -33.3% |
| Tangible fixed assets | 22/27 | €672,173 | €642,660 | -€29,513 | -4.4% |
| Land and buildings | 22 | €612,932 | €598,495 | -€14,438 | -2.4% |
| Plant, machinery and equipment | 23 | €46,298 | €35,783 | -€10,515 | -22.7% |
| Furniture and vehicles | 24 | €12,942 | €8,382 | -€4,560 | -35.2% |
| Current assets | 29/58 | €628,268 | €749,184 | +€120,916 | +19.2% |
| Stocks and contracts in progress | 3 | €5,536 | €5,536 | = | 0.0% |
| Stocks | 30/36 | €5,536 | €5,536 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,711 | €19,970 | +€13,259 | +198% |
| Trade receivables | 40 | €6,431 | €12,605 | +€6,174 | +96.0% |
| Other amounts receivable | 41 | €279 | €7,364 | +€7,085 | +2,537% |
| Cash at bank and in hand | 54/58 | €616,021 | €719,721 | +€103,700 | +16.8% |
| Deferred charges and accrued income | 490/1 | €0 | €3,957 | +€3,957 | |
| Total equity and liabilities | 10/49 | €1,326,670 | €1,409,330 | +€82,660 | +6.2% |
| Equity | 10/15 | €754,040 | €872,793 | +€118,753 | +15.7% |
| Contributions | 10/11 | €240,000 | €240,000 | = | 0.0% |
| Reserves | 13 | €514,040 | €632,793 | +€118,753 | +23.1% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €143,140 | €151,560 | +€8,420 | +5.9% |
| Distributable reserves | 133 | €360,900 | €471,233 | +€110,333 | +30.6% |
| Amounts payable | 17/49 | €572,630 | €536,537 | -€36,093 | -6.3% |
| Amounts payable after more than one year | 17 | €487,220 | €446,542 | -€40,678 | -8.3% |
| Financial debts | 170/4 | €297,220 | €256,542 | -€40,678 | -13.7% |
| Other amounts payable | 178/9 | €190,000 | €190,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €82,996 | €89,994 | +€6,999 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €39,939 | €49,029 | +€9,091 | +22.8% |
| Trade debts | 44 | €1,989 | €564 | -€1,424 | -71.6% |
| Suppliers | 440/4 | €1,989 | €564 | -€1,424 | -71.6% |
| Taxes, remuneration and social security | 45 | €3,376 | €2,606 | -€769 | -22.8% |
| Taxes | 450/3 | €2,334 | €1,607 | -€727 | -31.1% |
| Remuneration and social security | 454/9 | €1,042 | €1,000 | -€43 | -4.1% |
| Other amounts payable | 47/48 | €37,693 | €37,794 | +€102 | +0.3% |
| Accrued charges and deferred income | 492/3 | €2,415 | €0 | -€2,415 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €19,220 | €24,185 | +€4,966 | +25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,112 | €54,965 | +€853 | +1.6% |
| Other operating charges | 640/8 | €2,622 | €2,698 | +€77 | +2.9% |
| Gross operating margin | 9900 | €222,206 | €260,631 | +€38,425 | +17.3% |
| Operating profit (loss) | 9901 | €146,253 | €178,782 | +€32,530 | +22.2% |
| Financial income | 75/76B | €559 | €2,019 | +€1,460 | +261% |
| Recurring financial income | 75 | €559 | €2,019 | +€1,460 | +261% |
| Financial charges | 65/66B | €22,242 | €19,844 | -€2,397 | -10.8% |
| Recurring financial charges | 65 | €22,242 | €19,844 | -€2,397 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €124,570 | €160,957 | +€36,387 | +29.2% |
| Income taxes | 67/77 | €36,529 | €42,204 | +€5,675 | +15.5% |
| Profit (loss) for the period | 9904 | €88,041 | €118,753 | +€30,712 | +34.9% |
| Transfer from tax-exempt reserves | 789 | - | €33,680 | +€33,680 | |
| Transfer to tax-exempt reserves | 689 | €33,680 | €42,100 | +€8,420 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,361 | €110,333 | +€55,972 | +103% |
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 31 October 2026 via checked.be.