De Paddock Invest: what changed
What changed
De Paddock Invest
NACE 56.112, Limited-service restaurants, excluding mobile food services
filed annual accounts (NBB)
Net result for the year
-€15,969
2024 · -€38,836+€22,866
Equity
-€9,896
2024 · €6,073-€15,969
Cash
€33,203
2024 · €19,358+€13,845
Balance sheet total
€360,888
2024 · €291,561+€69,328
Largest movements
Assets
- Receivables within one year +€80,208
up €80,208 (+241%), from €33,238 to €113,445
of which Trade receivables: +€68,668
- Tangible fixed assets -€31,409
down €31,409 (-15.1%), from €207,841 to €176,432
- Cash +€13,845
up €13,845 (+71.5%), from €19,358 to €33,203
mainly Trade debts (+€80,707) and Depreciation (+€47,384)
- Intangible fixed assets +€9,166
new in 2025: €9,166
Equity and liabilities
- Trade debts +€80,707
up €80,707 (+69.9%), from €115,422 to €196,129
- Other debts +€42,548
up €42,548 (+68.8%), from €61,817 to €104,365
- Debts after one year -€27,268
down €27,268 (-56.9%), from €47,894 to €20,626
- Profit (loss) carried forward -€15,969
new in 2025: -€15,969
- Current portion of long-term debt -€5,461
down €5,461 (-15.6%), from €34,949 to €29,488
Income statement
- Staff costs -€38,875
down €38,875 (-24.1%), from €161,392 to €122,517
- Gross operating margin -€17,801
down €17,801 (-9.7%), from €183,693 to €165,892
- Financial income +€7,954
up €7,954 (+621%), from €1,281 to €9,234
- Financial charges +€5,270
up €5,270 (+61.1%), from €8,625 to €13,895
- Depreciation +€3,834
up €3,834 (+8.8%), from €43,550 to €47,384
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
-€38,836
Gross operating margin
-€17,801
Staff costs
+€38,875
Depreciation
-€3,834
Other operating charges
+€2,942
Financial income
+€7,954
Financial charges
-€5,270
Result 2025
-€15,969
raises the resultlowers the result
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
+€71,717
Investment
-€25,142
Financing
-€32,730
Cash 2024
€19,358
From operations (derived)
+€71,717
Net result for the year
-€15,969
Depreciation
+€47,384
Stocks and contracts
+€2,511
Receivables within one year
-€80,208
Smaller working-capital items
-€151
Trade debts
+€80,707
Tax, wage and social debts
-€5,105
Other debts
+€42,548
Investment (derived)
-€25,142
Investment in fixed assets (net)
-€25,142
Financing
-€32,730
Debts after one year
-€27,268
Current portion of long-term debt
-€5,461
Cash 2025
€33,203
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €291,561 | €360,888 | +€69,328 | +23.8% |
| Fixed assets | 21/28 | €207,841 | €185,598 | -€22,242 | -10.7% |
| Intangible fixed assets | 21 | - | €9,166 | +€9,166 | |
| Tangible fixed assets | 22/27 | €207,841 | €176,432 | -€31,409 | -15.1% |
| Land and buildings | 22 | €91,973 | €80,482 | -€11,491 | -12.5% |
| Plant, machinery and equipment | 23 | €93,893 | €78,964 | -€14,929 | -15.9% |
| Furniture and vehicles | 24 | €21,974 | €16,986 | -€4,988 | -22.7% |
| Current assets | 29/58 | €83,720 | €175,290 | +€91,570 | +109% |
| Stocks and contracts in progress | 3 | €29,605 | €27,094 | -€2,511 | -8.5% |
| Stocks | 30/36 | €29,605 | €27,094 | -€2,511 | -8.5% |
| Amounts receivable within one year | 40/41 | €33,238 | €113,445 | +€80,208 | +241% |
| Trade receivables | 40 | €8,414 | €77,082 | +€68,668 | +816% |
| Other amounts receivable | 41 | €24,824 | €36,363 | +€11,539 | +46.5% |
| Cash at bank and in hand | 54/58 | €19,358 | €33,203 | +€13,845 | +71.5% |
| Deferred charges and accrued income | 490/1 | €1,520 | €1,547 | +€27 | +1.8% |
| Total equity and liabilities | 10/49 | €291,561 | €360,888 | +€69,328 | +23.8% |
| Equity | 10/15 | €6,073 | -€9,896 | -€15,969 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,073 | €1,073 | = | 0.0% |
| Distributable reserves | 133 | €1,073 | €1,073 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€15,969 | -€15,969 | |
| Amounts payable | 17/49 | €285,488 | €370,785 | +€85,297 | +29.9% |
| Amounts payable after more than one year | 17 | €47,894 | €20,626 | -€27,268 | -56.9% |
| Financial debts | 170/4 | €47,894 | €20,626 | -€27,268 | -56.9% |
| Amounts payable within one year | 42/48 | €237,291 | €349,980 | +€112,689 | +47.5% |
| Current portion of amounts payable after more than one year | 42 | €34,949 | €29,488 | -€5,461 | -15.6% |
| Trade debts | 44 | €115,422 | €196,129 | +€80,707 | +69.9% |
| Suppliers | 440/4 | €115,422 | €196,129 | +€80,707 | +69.9% |
| Taxes, remuneration and social security | 45 | €25,103 | €19,998 | -€5,105 | -20.3% |
| Taxes | 450/3 | €3,224 | €3,855 | +€631 | +19.6% |
| Remuneration and social security | 454/9 | €21,878 | €16,143 | -€5,735 | -26.2% |
| Other amounts payable | 47/48 | €61,817 | €104,365 | +€42,548 | +68.8% |
| Accrued charges and deferred income | 492/3 | €302 | €178 | -€124 | -40.9% |
| Non-recurring operating income | 76A | - | €1,492 | +€1,492 | |
| Remuneration, social security and pensions | 62 | €161,392 | €122,517 | -€38,875 | -24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,550 | €47,384 | +€3,834 | +8.8% |
| Other operating charges | 640/8 | €10,243 | €7,301 | -€2,942 | -28.7% |
| Gross operating margin | 9900 | €183,693 | €165,892 | -€17,801 | -9.7% |
| Operating profit (loss) | 9901 | -€31,492 | -€11,309 | +€20,183 | +64.1% |
| Financial income | 75/76B | €1,281 | €9,234 | +€7,954 | +621% |
| Recurring financial income | 75 | €1,281 | €9,234 | +€7,954 | +621% |
| Financial charges | 65/66B | €8,625 | €13,895 | +€5,270 | +61.1% |
| Recurring financial charges | 65 | €8,625 | €13,895 | +€5,270 | +61.1% |
| Profit (loss) for the period before taxes | 9903 | -€38,836 | -€15,969 | +€22,866 | +58.9% |
| Profit (loss) for the period | 9904 | -€38,836 | -€15,969 | +€22,866 | +58.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,836 | -€15,969 | +€22,866 | +58.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.