DE MAECHT VAN GHENT: what changed
What changed
DE MAECHT VAN GHENT
NACE 56.301, Cafés and bars
filed annual accounts (NBB)
Net result for the year
€1,256
2024 · €31,394-€30,138
Equity
€286,414
2024 · €285,991+€423
Cash
€277,774
2024 · €416,011-€138,236
Balance sheet total
€446,346
2024 · €541,502-€95,156
Largest movements
Assets
- Cash -€138,236
down €138,236 (-33.2%), from €416,011 to €277,774
mainly Other debts (-€101,323) and Investment in fixed assets (net) (-€55,218)
- Receivables within one year +€26,636
up €26,636 (+405%), from €6,584 to €33,220
of which Other amounts receivable: +€27,132
- Tangible fixed assets +€14,776
up €14,776 (+16.5%), from €89,290 to €104,066
of which Furniture and vehicles: +€23,307
Equity and liabilities
- Other debts -€101,323
down €101,323 (-99.2%), from €102,154 to €831
- Debts after one year +€25,881
up €25,881 (+735%), from €3,522 to €29,403
- Tax, wage and social debts -€15,518
down €15,518 (-20.0%), from €77,647 to €62,129
of which Taxes: -€13,826
Income statement
- Gross operating margin -€60,475
down €60,475 (-13.4%), from €449,871 to €389,396
- Staff costs -€26,483
down €26,483 (-7.3%), from €364,129 to €337,646
- Taxes -€11,142
down €11,142 (-80.9%), from €13,780 to €2,638
- Depreciation +€6,504
up €6,504 (+19.2%), from €33,939 to €40,443
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
€31,394
Gross operating margin
-€60,475
Staff costs
+€26,483
Depreciation
-€6,504
Other operating charges
+€3,139
Other operating items
-€417
Financial income
-€3,301
Financial charges
-€205
Taxes
+€11,142
Result 2025
€1,256
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
-€106,217
Investment
-€55,218
Financing
+€23,199
Cash 2024
€416,011
From operations (derived)
-€106,217
Net result for the year
+€1,256
Depreciation
+€40,443
Stocks and contracts
-€2,461
Receivables within one year
-€26,636
Deferred charges and accrued income
+€793
Trade debts
-€2,770
Tax, wage and social debts
-€15,518
Other debts
-€101,323
Investment (derived)
-€55,218
Investment in fixed assets (net)
-€55,218
Financing
+€23,199
Debts after one year
+€25,881
Current portion of long-term debt
-€1,773
Short-term financial debts
-€76
Contributions, distributions and other
-€833
Cash 2025
€277,774
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €541,502 | €446,346 | -€95,156 | -17.6% |
| Fixed assets | 21/28 | €89,440 | €104,216 | +€14,776 | +16.5% |
| Tangible fixed assets | 22/27 | €89,290 | €104,066 | +€14,776 | +16.5% |
| Land and buildings | 22 | €171 | - | -€171 | |
| Plant, machinery and equipment | 23 | €19,843 | €15,990 | -€3,853 | -19.4% |
| Furniture and vehicles | 24 | €50,904 | €74,211 | +€23,307 | +45.8% |
| Other tangible fixed assets | 26 | €18,372 | €13,865 | -€4,507 | -24.5% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €452,062 | €342,130 | -€109,932 | -24.3% |
| Stocks and contracts in progress | 3 | €24,991 | €27,452 | +€2,461 | +9.8% |
| Stocks | 30/36 | €24,991 | €27,452 | +€2,461 | +9.8% |
| Amounts receivable within one year | 40/41 | €6,584 | €33,220 | +€26,636 | +405% |
| Trade receivables | 40 | €1,611 | €1,114 | -€496 | -30.8% |
| Other amounts receivable | 41 | €4,974 | €32,106 | +€27,132 | +546% |
| Cash at bank and in hand | 54/58 | €416,011 | €277,774 | -€138,236 | -33.2% |
| Deferred charges and accrued income | 490/1 | €4,476 | €3,683 | -€793 | -17.7% |
| Total equity and liabilities | 10/49 | €541,502 | €446,346 | -€95,156 | -17.6% |
| Equity | 10/15 | €285,991 | €286,414 | +€423 | +0.1% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €272,991 | €273,414 | +€423 | +0.2% |
| Distributable reserves | 133 | €272,991 | €273,414 | +€423 | +0.2% |
| Amounts payable | 17/49 | €255,511 | €159,932 | -€95,579 | -37.4% |
| Amounts payable after more than one year | 17 | €3,522 | €29,403 | +€25,881 | +735% |
| Financial debts | 170/4 | €3,522 | €29,403 | +€25,881 | +735% |
| Amounts payable within one year | 42/48 | €251,990 | €130,529 | -€121,461 | -48.2% |
| Current portion of amounts payable after more than one year | 42 | €13,737 | €11,964 | -€1,773 | -12.9% |
| Financial debts | 43 | €12,471 | €12,395 | -€76 | -0.6% |
| Credit institutions | 430/8 | €12,471 | €12,395 | -€76 | -0.6% |
| Trade debts | 44 | €45,980 | €43,210 | -€2,770 | -6.0% |
| Suppliers | 440/4 | €45,980 | €43,210 | -€2,770 | -6.0% |
| Taxes, remuneration and social security | 45 | €77,647 | €62,129 | -€15,518 | -20.0% |
| Taxes | 450/3 | €43,941 | €30,115 | -€13,826 | -31.5% |
| Remuneration and social security | 454/9 | €33,707 | €32,014 | -€1,692 | -5.0% |
| Other amounts payable | 47/48 | €102,154 | €831 | -€101,323 | -99.2% |
| Remuneration, social security and pensions | 62 | €364,129 | €337,646 | -€26,483 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,939 | €40,443 | +€6,504 | +19.2% |
| Other operating charges | 640/8 | €8,525 | €5,386 | -€3,139 | -36.8% |
| Non-recurring operating charges | 66A | - | €417 | +€417 | |
| Gross operating margin | 9900 | €449,871 | €389,396 | -€60,475 | -13.4% |
| Operating profit (loss) | 9901 | €43,278 | €5,504 | -€37,773 | -87.3% |
| Financial income | 75/76B | €4,144 | €842 | -€3,301 | -79.7% |
| Recurring financial income | 75 | €4,144 | €842 | -€3,301 | -79.7% |
| Financial charges | 65/66B | €2,247 | €2,452 | +€205 | +9.1% |
| Recurring financial charges | 65 | €2,247 | €2,452 | +€205 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €45,174 | €3,894 | -€41,280 | -91.4% |
| Income taxes | 67/77 | €13,780 | €2,638 | -€11,142 | -80.9% |
| Profit (loss) for the period | 9904 | €31,394 | €1,256 | -€30,138 | -96.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,394 | €1,256 | -€30,138 | -96.0% |
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.