COLREST: 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
COLREST
NACE 56.112, Limited-service restaurants, excluding mobile food services
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€53,002
2024 · €170,022-€223,025
Equity
€107,724
2024 · €360,727-€253,002
Cash
€279,774
2024 · €337,470-€57,696
Balance sheet total
€1.2m
2024 · €818,721+€368,716
Largest movements
Assets
- Tangible fixed assets +€417,303
up €417,303 (+108.6%), from €384,360 to €801,663
of which Other tangible fixed assets: +€384,018
- Cash -€57,696
down €57,696 (-17.1%), from €337,470 to €279,774
mainly Investment in fixed assets (net) (-€539,742) and Contributions, distributions and other (-€200,000)
Equity and liabilities
- Debts after one year +€329,509
up €329,509, from €0 to €329,509
- Reserves -€253,002
down €253,002 (-73.9%), from €342,127 to €89,124
- Other debts +€199,829
up €199,829 (+65442.6%), from €305 to €200,134
- Current portion of long-term debt +€58,102
up €58,102 (+261.4%), from €22,226 to €80,328
- Trade debts +€15,804
up €15,804 (+4.8%), from €327,532 to €343,336
Income statement
- Turnover +€4.6m
new in 2025: €4.6m
- Services and other goods +€2.0m
new in 2025: €2.0m
- Gross operating margin -€1.4m
no longer reported in 2025 (was €1.4m)
- Goods and materials +€1.3m
new in 2025: €1.3m
of which Purchases: +€1.3m
- Staff costs +€86,570
up €86,570 (+8.1%), from €1.1m 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
€170,022
Turnover
+€4.6m
Other operating income
+€19,538
Goods and materials
-€1.3m
Services and other goods
-€2.0m
Staff costs
-€86,570
Depreciation
-€41,447
Other operating charges
-€1,865
Other operating items
-€1.4m
Financial income
-€1,434
Financial charges
-€9,887
Taxes
+€61,813
Result 2025
-€53,002
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
+€294,435
Investment
-€539,742
Financing
+€187,610
Cash 2024
€337,470
From operations (derived)
+€294,435
Net result for the year
-€53,002
Depreciation
+€122,439
Stocks and contracts
-€4,160
Receivables within one year
-€7,070
Deferred charges and accrued income
+€2,121
Trade debts
+€15,804
Tax, wage and social debts
+€14,326
Other debts
+€199,829
Accrued charges and deferred income
+€4,148
Investment (derived)
-€539,742
Investment in fixed assets (net)
-€539,742
Financing
+€187,610
Debts after one year
+€329,509
Current portion of long-term debt
+€58,102
Contributions, distributions and other
-€200,000
Cash 2025
€279,774
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €818,721 | €1,187,436 | +€368,716 | +45.0% |
| Fixed assets | 21/28 | €384,726 | €802,029 | +€417,303 | +108.5% |
| Tangible fixed assets | 22/27 | €384,360 | €801,663 | +€417,303 | +108.6% |
| Plant, machinery and equipment | 23 | €125,340 | €159,073 | +€33,733 | +26.9% |
| Furniture and vehicles | 24 | €905 | €456 | -€448 | -49.6% |
| Other tangible fixed assets | 26 | €258,116 | €642,134 | +€384,018 | +148.8% |
| Financial fixed assets | 28 | €366 | €366 | = | 0.0% |
| Other financial fixed assets | 284/8 | - | €366 | +€366 | |
| Shares | 284 | - | €198 | +€198 | |
| Amounts receivable and cash guarantees | 285/8 | - | €168 | +€168 | |
| Current assets | 29/58 | €433,995 | €385,407 | -€48,587 | -11.2% |
| Stocks and contracts in progress | 3 | €18,959 | €23,119 | +€4,160 | +21.9% |
| Stocks | 30/36 | €18,959 | €23,119 | +€4,160 | +21.9% |
| Goods purchased for resale | 34 | - | €23,119 | +€23,119 | |
| Amounts receivable within one year | 40/41 | €44,900 | €51,970 | +€7,070 | +15.7% |
| Trade receivables | 40 | €28,141 | €43,802 | +€15,661 | +55.7% |
| Other amounts receivable | 41 | €16,759 | €8,168 | -€8,591 | -51.3% |
| Cash at bank and in hand | 54/58 | €337,470 | €279,774 | -€57,696 | -17.1% |
| Deferred charges and accrued income | 490/1 | €32,665 | €30,544 | -€2,121 | -6.5% |
| Total equity and liabilities | 10/49 | €818,721 | €1,187,436 | +€368,716 | +45.0% |
| Equity | 10/15 | €360,727 | €107,724 | -€253,002 | -70.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €342,127 | €89,124 | -€253,002 | -73.9% |
| Distributable reserves | 133 | €342,127 | €89,124 | -€253,002 | -73.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €457,994 | €1,079,712 | +€621,718 | +135.7% |
| Amounts payable after more than one year | 17 | €0 | €329,509 | +€329,509 | |
| Financial debts | 170/4 | €0 | €329,509 | +€329,509 | |
| Credit institutions | 173 | - | €329,509 | +€329,509 | |
| Amounts payable within one year | 42/48 | €456,259 | €744,320 | +€288,061 | +63.1% |
| Current portion of amounts payable after more than one year | 42 | €22,226 | €80,328 | +€58,102 | +261.4% |
| Trade debts | 44 | €327,532 | €343,336 | +€15,804 | +4.8% |
| Suppliers | 440/4 | €327,532 | €343,336 | +€15,804 | +4.8% |
| Taxes, remuneration and social security | 45 | €106,195 | €120,521 | +€14,326 | +13.5% |
| Taxes | 450/3 | €0 | €315 | +€315 | |
| Remuneration and social security | 454/9 | €106,195 | €120,206 | +€14,011 | +13.2% |
| Other amounts payable | 47/48 | €305 | €200,134 | +€199,829 | +65442.6% |
| Accrued charges and deferred income | 492/3 | €1,735 | €5,884 | +€4,148 | +239.1% |
| Operating income | 70/76A | - | €4,640,297 | +€4.6m | |
| Turnover | 70 | - | €4,620,759 | +€4.6m | |
| Other operating income | 74 | - | €19,538 | +€19,538 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | - | €4,661,651 | +€4.7m | |
| Goods for resale, raw materials and consumables | 60 | - | €1,336,655 | +€1.3m | |
| Purchases | 600/8 | - | €1,340,814 | +€1.3m | |
| Change in stocks: decrease (increase) | 609 | - | -€4,160 | -€4,160 | |
| Services and other goods | 61 | - | €2,033,722 | +€2.0m | |
| Remuneration, social security and pensions | 62 | €1,069,377 | €1,155,947 | +€86,570 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,992 | €122,439 | +€41,447 | +51.2% |
| Other operating charges | 640/8 | €10,973 | €12,838 | +€1,865 | +17.0% |
| Non-recurring operating charges | 66A | €150 | €50 | -€100 | -66.7% |
| Gross operating margin | 9900 | €1,413,656 | - | -€1.4m | |
| Operating profit (loss) | 9901 | €252,164 | -€21,354 | -€273,517 | |
| Financial income | 75/76B | €1,746 | €312 | -€1,434 | -82.1% |
| Recurring financial income | 75 | €1,746 | €312 | -€1,434 | -82.1% |
| Other financial income | 752/9 | - | €312 | +€312 | |
| Financial charges | 65/66B | €21,754 | €31,640 | +€9,887 | +45.4% |
| Recurring financial charges | 65 | €21,754 | €31,640 | +€9,887 | +45.4% |
| Debt charges | 650 | - | €8,251 | +€8,251 | |
| Other financial charges | 652/9 | - | €23,389 | +€23,389 | |
| Profit (loss) for the period before taxes | 9903 | €232,156 | -€52,682 | -€284,838 | |
| Income taxes | 67/77 | €62,134 | €321 | -€61,813 | -99.5% |
| Taxes | 670/3 | - | €321 | +€321 | |
| Profit (loss) for the period | 9904 | €170,022 | -€53,002 | -€223,025 | |
| Profit (loss) for the period to be appropriated | 9905 | €170,022 | -€53,002 | -€223,025 |
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 9 October 2026 via checked.be.