DE FRIET: what changed
What changed
DE FRIET
NACE 56.112, Limited-service restaurants, excluding mobile food services
filed annual accounts (NBB)
Net result for the year
-€21,800
2024 · -€13,716-€8,084
Equity
€134,993
2024 · €156,793-€21,800
Cash
€3,885
2024 · €5,095-€1,209
Balance sheet total
€465,839
2024 · €493,758-€27,920
Largest movements
Assets
- Tangible fixed assets -€14,726
down €14,726 (-5.4%), from €272,622 to €257,896
of which Land and buildings: -€7,417
- Formation expenses -€8,000
down €8,000 (-20.0%), from €40,000 to €32,000
- Receivables after one year -€6,000
down €6,000 (-4.3%), from €138,500 to €132,500
Equity and liabilities
- Profit (loss) carried forward -€21,800
down €21,800 (-70.3%), from -€31,013 to -€52,813
- Trade debts -€8,681
down €8,681 (-28.0%), from €31,000 to €22,320
- Current portion of long-term debt +€8,025
up €8,025 (+62.1%), from €12,925 to €20,950
- Debts after one year -€6,038
down €6,038 (-2.2%), from €272,932 to €266,894
Income statement
- Gross operating margin +€20,668
up €20,668 (+38.4%), from €53,831 to €74,499
- Financial income +€8,089
up €8,089 (+515,239%), from €2 to €8,091
- Other operating charges -€2,781
down €2,781 (-42.5%), from €6,547 to €3,766
- Financial charges -€1,782
down €1,782 (-6.1%), from €28,981 to €27,199
- Staff costs +€1,279
up €1,279 (+3.3%), from €38,769 to €40,048
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€13,716
Gross operating margin
+€20,668
Staff costs
-€1,279
Depreciation
+€37
Other operating charges
+€2,781
Other operating items
-€40,000
Financial income
+€8,089
Financial charges
+€1,782
Taxes
-€162
Result 2025
-€21,800
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€4,010
Investment
-€9,348
Financing
+€4,129
Cash 2024
€5,095
From operations (derived)
+€4,010
Net result for the year
-€21,800
Depreciation
+€33,074
Receivables after one year
+€6,000
Receivables within one year
-€3,442
Deferred charges and accrued income
+€426
Trade debts
-€8,681
Tax, wage and social debts
-€2,968
Other debts
+€1,000
Accrued charges and deferred income
+€400
Investment (derived)
-€9,348
Investment in fixed assets (net)
-€9,348
Financing
+€4,129
Debts after one year
-€6,038
Current portion of long-term debt
+€8,025
Short-term financial debts
+€2,141
Cash 2025
€3,885
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €493,758 | €465,839 | -€27,920 | -5.7% |
| Formation expenses | 20 | €40,000 | €32,000 | -€8,000 | -20.0% |
| Fixed assets | 21/28 | €280,866 | €265,139 | -€15,726 | -5.6% |
| Intangible fixed assets | 21 | €8,244 | €7,244 | -€1,000 | -12.1% |
| Tangible fixed assets | 22/27 | €272,622 | €257,896 | -€14,726 | -5.4% |
| Land and buildings | 22 | €233,469 | €226,052 | -€7,417 | -3.2% |
| Plant, machinery and equipment | 23 | €32,914 | €30,446 | -€2,468 | -7.5% |
| Furniture and vehicles | 24 | €6,239 | €1,398 | -€4,841 | -77.6% |
| Current assets | 29/58 | €172,893 | €168,699 | -€4,193 | -2.4% |
| Amounts receivable after more than one year | 29 | €138,500 | €132,500 | -€6,000 | -4.3% |
| Other amounts receivable | 291 | €138,500 | €132,500 | -€6,000 | -4.3% |
| Stocks and contracts in progress | 3 | €7,049 | €7,049 | = | 0.0% |
| Stocks | 30/36 | €7,049 | €7,049 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,823 | €25,265 | +€3,442 | +15.8% |
| Trade receivables | 40 | €317 | €1,098 | +€781 | +246% |
| Other amounts receivable | 41 | €21,506 | €24,167 | +€2,661 | +12.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €5,095 | €3,885 | -€1,209 | -23.7% |
| Deferred charges and accrued income | 490/1 | €426 | €0 | -€426 | -100% |
| Total equity and liabilities | 10/49 | €493,758 | €465,839 | -€27,920 | -5.7% |
| Equity | 10/15 | €156,793 | €134,993 | -€21,800 | -13.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €121,606 | €121,606 | = | 0.0% |
| Reserves | 13 | €46,200 | €46,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €44,200 | €44,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,013 | -€52,813 | -€21,800 | -70.3% |
| Amounts payable | 17/49 | €336,965 | €330,845 | -€6,120 | -1.8% |
| Amounts payable after more than one year | 17 | €272,932 | €266,894 | -€6,038 | -2.2% |
| Financial debts | 170/4 | €272,932 | €266,894 | -€6,038 | -2.2% |
| Amounts payable within one year | 42/48 | €64,033 | €63,551 | -€482 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €12,925 | €20,950 | +€8,025 | +62.1% |
| Financial debts | 43 | €13,079 | €15,220 | +€2,141 | +16.4% |
| Credit institutions | 430/8 | €13,079 | €15,220 | +€2,141 | +16.4% |
| Trade debts | 44 | €31,000 | €22,320 | -€8,681 | -28.0% |
| Suppliers | 440/4 | €31,000 | €22,320 | -€8,681 | -28.0% |
| Taxes, remuneration and social security | 45 | €7,029 | €4,062 | -€2,968 | -42.2% |
| Taxes | 450/3 | €4,199 | €441 | -€3,758 | -89.5% |
| Remuneration and social security | 454/9 | €2,831 | €3,621 | +€790 | +27.9% |
| Other amounts payable | 47/48 | - | €1,000 | +€1,000 | |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | €38,769 | €40,048 | +€1,279 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,111 | €33,074 | -€37 | -0.1% |
| Other operating charges | 640/8 | €6,547 | €3,766 | -€2,781 | -42.5% |
| Operating charges capitalised as restructuring costs | 649 | -€40,000 | €0 | +€40,000 | |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €53,831 | €74,499 | +€20,668 | +38.4% |
| Operating profit (loss) | 9901 | €15,403 | -€2,390 | -€17,793 | |
| Financial income | 75/76B | €2 | €8,091 | +€8,089 | +515,239% |
| Recurring financial income | 75 | €2 | €8,091 | +€8,089 | +515,239% |
| Financial charges | 65/66B | €28,981 | €27,199 | -€1,782 | -6.1% |
| Recurring financial charges | 65 | €28,981 | €27,199 | -€1,782 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,576 | -€21,498 | -€7,922 | -58.4% |
| Income taxes | 67/77 | €140 | €301 | +€162 | +116% |
| Profit (loss) for the period | 9904 | -€13,716 | -€21,800 | -€8,084 | -58.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,716 | -€21,800 | -€8,084 | -58.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.