DE BLAUWE REGEN: 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
DE BLAUWE REGEN
NACE 56.111, Full-service restaurants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€4,462
2024 · €1,908+€2,553
Equity
€65,056
2024 · €94,320-€29,264
Cash
€63,657
2024 · €58,160+€5,497
Balance sheet total
€696,995
2024 · €678,075+€18,920
Largest movements
Assets
- Tangible fixed assets +€7,779
up €7,779 (+1.3%), from €587,443 to €595,222
of which Land and buildings: +€17,826
Equity and liabilities
- Other debts +€80,178
up €80,178 (+60.6%), from €132,252 to €212,430
- Debts after one year -€34,540
down €34,540 (-9.0%), from €382,198 to €347,659
- Reserves -€29,264
down €29,264 (-38.6%), from €75,720 to €46,456
of which Distributable reserves: -€29,264
Income statement
- Gross operating margin +€23,536
up €23,536 (+15.4%), from €152,662 to €176,198
- Depreciation +€7,830
up €7,830 (+24.1%), from €32,425 to €40,255
- Staff costs +€6,641
up €6,641 (+6.6%), from €99,960 to €106,600
- Financial charges +€5,531
up €5,531 (+62.3%), from €8,872 to €14,403
- Other operating charges +€2,362
up €2,362 (+40.3%), from €5,859 to €8,221
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
€1,908
Gross operating margin
+€23,536
Staff costs
-€6,641
Depreciation
-€7,830
Other operating charges
-€2,362
Other operating items
+€387
Financial income
-€72
Financial charges
-€5,531
Taxes
+€1,066
Result 2025
€4,462
raises the resultlowers the resultnot broken down further in the accounts
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
+€119,538
Investment
-€48,034
Financing
-€66,008
Cash 2024
€58,160
From operations (derived)
+€119,538
Net result for the year
+€4,462
Depreciation
+€40,255
Stocks and contracts
-€3,420
Receivables within one year
-€2,302
Deferred charges and accrued income
+€77
Trade debts
+€2,193
Tax, wage and social debts
+€215
Other debts
+€80,178
Accrued charges and deferred income
-€2,120
Investment (derived)
-€48,034
Investment in fixed assets (net)
-€48,034
Financing
-€66,008
Debts after one year
-€34,540
Current portion of long-term debt
+€2,258
Contributions, distributions and other
-€33,726
Cash 2025
€63,657
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €678,075 | €696,995 | +€18,920 | +2.8% |
| Fixed assets | 21/28 | €587,577 | €595,356 | +€7,779 | +1.3% |
| Tangible fixed assets | 22/27 | €587,443 | €595,222 | +€7,779 | +1.3% |
| Land and buildings | 22 | €570,823 | €588,650 | +€17,826 | +3.1% |
| Plant, machinery and equipment | 23 | €712 | €93 | -€619 | -86.9% |
| Furniture and vehicles | 24 | €15,909 | €6,479 | -€9,429 | -59.3% |
| Financial fixed assets | 28 | €134 | €134 | = | 0.0% |
| Current assets | 29/58 | €90,497 | €101,639 | +€11,142 | +12.3% |
| Stocks and contracts in progress | 3 | €21,569 | €24,989 | +€3,420 | +15.9% |
| Stocks | 30/36 | €21,569 | €24,989 | +€3,420 | +15.9% |
| Amounts receivable within one year | 40/41 | €9,500 | €11,802 | +€2,302 | +24.2% |
| Trade receivables | 40 | €2,966 | €5,969 | +€3,003 | +101% |
| Other amounts receivable | 41 | €6,534 | €5,833 | -€702 | -10.7% |
| Cash at bank and in hand | 54/58 | €58,160 | €63,657 | +€5,497 | +9.5% |
| Deferred charges and accrued income | 490/1 | €1,268 | €1,191 | -€77 | -6.1% |
| Total equity and liabilities | 10/49 | €678,075 | €696,995 | +€18,920 | +2.8% |
| Equity | 10/15 | €94,320 | €65,056 | -€29,264 | -31.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €75,720 | €46,456 | -€29,264 | -38.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,577 | €13,577 | = | 0.0% |
| Distributable reserves | 133 | €60,283 | €31,019 | -€29,264 | -48.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €583,755 | €631,939 | +€48,184 | +8.3% |
| Amounts payable after more than one year | 17 | €382,198 | €347,659 | -€34,540 | -9.0% |
| Financial debts | 170/4 | €382,198 | €347,659 | -€34,540 | -9.0% |
| Amounts payable within one year | 42/48 | €197,840 | €282,684 | +€84,844 | +42.9% |
| Current portion of amounts payable after more than one year | 42 | €24,729 | €26,987 | +€2,258 | +9.1% |
| Trade debts | 44 | €19,884 | €22,077 | +€2,193 | +11.0% |
| Suppliers | 440/4 | €19,884 | €22,077 | +€2,193 | +11.0% |
| Taxes, remuneration and social security | 45 | €20,974 | €21,189 | +€215 | +1.0% |
| Taxes | 450/3 | €10,400 | €8,613 | -€1,787 | -17.2% |
| Remuneration and social security | 454/9 | €10,574 | €12,576 | +€2,002 | +18.9% |
| Other amounts payable | 47/48 | €132,252 | €212,430 | +€80,178 | +60.6% |
| Accrued charges and deferred income | 492/3 | €3,717 | €1,597 | -€2,120 | -57.0% |
| Remuneration, social security and pensions | 62 | €99,960 | €106,600 | +€6,641 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,425 | €40,255 | +€7,830 | +24.1% |
| Other operating charges | 640/8 | €5,859 | €8,221 | +€2,362 | +40.3% |
| Non-recurring operating charges | 66A | €387 | €0 | -€387 | -100% |
| Gross operating margin | 9900 | €152,662 | €176,198 | +€23,536 | +15.4% |
| Operating profit (loss) | 9901 | €14,031 | €21,121 | +€7,091 | +50.5% |
| Financial income | 75/76B | €72 | €0 | -€72 | -99.7% |
| Recurring financial income | 75 | €72 | €0 | -€72 | -99.7% |
| Financial charges | 65/66B | €8,872 | €14,403 | +€5,531 | +62.3% |
| Recurring financial charges | 65 | €8,872 | €14,403 | +€5,531 | +62.3% |
| Profit (loss) for the period before taxes | 9903 | €5,231 | €6,719 | +€1,488 | +28.4% |
| Income taxes | 67/77 | €3,323 | €2,257 | -€1,066 | -32.1% |
| Profit (loss) for the period | 9904 | €1,908 | €4,462 | +€2,553 | +134% |
| Profit (loss) for the period to be appropriated | 9905 | €1,908 | €4,462 | +€2,553 | +134% |
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 26 October 2026 via checked.be.