Commercial77: 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
Commercial77
NACE 56.111, Full-service restaurants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€104,357
2024 · €177,177-€72,820
Equity
€7,632
2024 · €18,276-€10,643
Cash
€104,579
2024 · €107,532-€2,952
Balance sheet total
€737,637
2024 · €722,634+€15,003
Largest movements
Assets
- Receivables within one year +€24,060
up €24,060 (+116%), from €20,804 to €44,864
of which Other amounts receivable: +€24,628
- Tangible fixed assets -€11,221
down €11,221 (-1.9%), from €585,151 to €573,930
of which Other tangible fixed assets: -€7,004
Equity and liabilities
- Other debts +€35,386
up €35,386 (+7.1%), from €501,887 to €537,273
- Debts after one year -€12,727
down €12,727 (-8.3%), from €153,807 to €141,080
- Reserves -€10,643
down €10,643 (-80.2%), from €13,276 to €2,632
Income statement
- Gross operating margin -€35,746
down €35,746 (-8.1%), from €443,420 to €407,674
- Staff costs +€20,578
up €20,578 (+10.6%), from €193,328 to €213,906
- Taxes +€12,461
up €12,461 (+54.3%), from €22,934 to €35,395
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
€177,177
Gross operating margin
-€35,746
Staff costs
-€20,578
Depreciation
-€2,669
Other operating charges
-€1,548
Financial income
+€125
Financial charges
+€58
Taxes
-€12,461
Result 2025
€104,357
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
+€161,499
Investment
-€36,914
Financing
-€127,538
Cash 2024
€107,532
From operations (derived)
+€161,499
Net result for the year
+€104,357
Depreciation
+€48,134
Stocks and contracts
-€3,883
Receivables within one year
-€24,060
Deferred charges and accrued income
-€1,233
Trade debts
-€1,464
Tax, wage and social debts
+€503
Advances received
-€61
Other debts
+€35,386
Accrued charges and deferred income
+€3,820
Investment (derived)
-€36,914
Investment in fixed assets (net)
-€36,914
Financing
-€127,538
Debts after one year
-€12,727
Current portion of long-term debt
+€189
Contributions, distributions and other
-€115,000
Cash 2025
€104,579
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €722,634 | €737,637 | +€15,003 | +2.1% |
| Fixed assets | 21/28 | €585,151 | €573,930 | -€11,221 | -1.9% |
| Tangible fixed assets | 22/27 | €585,151 | €573,930 | -€11,221 | -1.9% |
| Land and buildings | 22 | €99,057 | €92,601 | -€6,455 | -6.5% |
| Plant, machinery and equipment | 23 | €94,974 | €99,821 | +€4,847 | +5.1% |
| Furniture and vehicles | 24 | €10,660 | €8,052 | -€2,609 | -24.5% |
| Other tangible fixed assets | 26 | €380,460 | €373,456 | -€7,004 | -1.8% |
| Current assets | 29/58 | €137,484 | €163,707 | +€26,223 | +19.1% |
| Stocks and contracts in progress | 3 | €9,147 | €13,030 | +€3,883 | +42.4% |
| Stocks | 30/36 | €9,147 | €13,030 | +€3,883 | +42.4% |
| Amounts receivable within one year | 40/41 | €20,804 | €44,864 | +€24,060 | +116% |
| Trade receivables | 40 | €2,953 | €2,385 | -€568 | -19.2% |
| Other amounts receivable | 41 | €17,852 | €42,480 | +€24,628 | +138% |
| Cash at bank and in hand | 54/58 | €107,532 | €104,579 | -€2,952 | -2.7% |
| Deferred charges and accrued income | 490/1 | €0 | €1,233 | +€1,233 | |
| Total equity and liabilities | 10/49 | €722,634 | €737,637 | +€15,003 | +2.1% |
| Equity | 10/15 | €18,276 | €7,632 | -€10,643 | -58.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €13,276 | €2,632 | -€10,643 | -80.2% |
| Distributable reserves | 133 | €13,276 | €2,632 | -€10,643 | -80.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €704,359 | €730,005 | +€25,646 | +3.6% |
| Amounts payable after more than one year | 17 | €153,807 | €141,080 | -€12,727 | -8.3% |
| Financial debts | 170/4 | €153,807 | €141,080 | -€12,727 | -8.3% |
| Amounts payable within one year | 42/48 | €550,552 | €585,105 | +€34,553 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €13,591 | €13,779 | +€189 | +1.4% |
| Trade debts | 44 | €11,232 | €9,768 | -€1,464 | -13.0% |
| Suppliers | 440/4 | €11,232 | €9,768 | -€1,464 | -13.0% |
| Advances received on contracts in progress | 46 | €61 | €0 | -€61 | -100% |
| Taxes, remuneration and social security | 45 | €23,782 | €24,284 | +€503 | +2.1% |
| Taxes | 450/3 | €9,776 | €4,882 | -€4,894 | -50.1% |
| Remuneration and social security | 454/9 | €14,006 | €19,402 | +€5,397 | +38.5% |
| Other amounts payable | 47/48 | €501,887 | €537,273 | +€35,386 | +7.1% |
| Accrued charges and deferred income | 492/3 | - | €3,820 | +€3,820 | |
| Remuneration, social security and pensions | 62 | €193,328 | €213,906 | +€20,578 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,465 | €48,134 | +€2,669 | +5.9% |
| Other operating charges | 640/8 | €2,001 | €3,549 | +€1,548 | +77.3% |
| Gross operating margin | 9900 | €443,420 | €407,674 | -€35,746 | -8.1% |
| Operating profit (loss) | 9901 | €202,625 | €142,084 | -€60,542 | -29.9% |
| Financial income | 75/76B | €130 | €254 | +€125 | +96.3% |
| Recurring financial income | 75 | €130 | €254 | +€125 | +96.3% |
| Financial charges | 65/66B | €2,644 | €2,586 | -€58 | -2.2% |
| Recurring financial charges | 65 | €2,644 | €2,586 | -€58 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €200,111 | €139,752 | -€60,359 | -30.2% |
| Income taxes | 67/77 | €22,934 | €35,395 | +€12,461 | +54.3% |
| Profit (loss) for the period | 9904 | €177,177 | €104,357 | -€72,820 | -41.1% |
| Profit (loss) for the period to be appropriated | 9905 | €177,177 | €104,357 | -€72,820 | -41.1% |
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 23 October 2026 via checked.be.