DE RODE ZEVEN: what changed
What changed
DE RODE ZEVEN
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
-€12,813
2023 · -€6,265-€6,548
Equity
€673
2023 · €13,486-€12,813
Cash
€8,244
2023 · €16,605-€8,362
Balance sheet total
€84,140
2023 · €74,353+€9,787
Largest movements
Assets
- Receivables within one year +€29,392
up €29,392 (+107%), from €27,469 to €56,862
- Tangible fixed assets -€12,355
down €12,355 (-48.1%), from €25,660 to €13,305
of which Land and buildings: -€11,947
- Cash -€8,362
down €8,362 (-50.4%), from €16,605 to €8,244
mainly Receivables within one year (-€29,392) and Debts after one year (-€14,000)
- Stocks and contracts +€1,656
up €1,656 (+82.6%), from €2,005 to €3,661
Equity and liabilities
- Provisions +€27,361
new in 2024: €27,361
- Debts after one year -€14,000
down €14,000 (-59.1%), from €23,697 to €9,698
- Profit (loss) carried forward -€11,727
new in 2024: -€11,727
- Trade debts +€3,914
up €3,914 (+23.2%), from €16,891 to €20,806
- Accrued charges and deferred income +€3,145
new in 2024: €3,145
Income statement
- Staff costs -€22,728
down €22,728 (-26.1%), from €87,220 to €64,492
- Gross operating margin -€1,852
down €1,852 (-1.9%), from €98,331 to €96,479
Change in the result, 2023 to 2024
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 2023
-€6,265
Gross operating margin
-€1,852
Staff costs
+€22,728
Depreciation
-€136
Other operating charges
-€597
Other operating items
-€27,361
Financial income
+€416
Financial charges
+€254
Result 2024
-€12,813
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€5,008
Investment
€0
Financing
-€13,370
Cash 2023
€16,605
From operations (derived)
+€5,008
Net result for the year
-€12,813
Depreciation
+€12,355
Stocks and contracts
-€1,656
Receivables within one year
-€29,392
Deferred charges and accrued income
+€545
Provisions
+€27,361
Trade debts
+€3,914
Tax, wage and social debts
+€1,549
Accrued charges and deferred income
+€3,145
Financing
-€13,370
Debts after one year
-€14,000
Current portion of long-term debt
+€630
Cash 2024
€8,244
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €74,353 | €84,140 | +€9,787 | +13.2% |
| Fixed assets | 21/28 | €25,660 | €13,305 | -€12,355 | -48.1% |
| Tangible fixed assets | 22/27 | €25,660 | €13,305 | -€12,355 | -48.1% |
| Land and buildings | 22 | €23,894 | €11,947 | -€11,947 | -50.0% |
| Plant, machinery and equipment | 23 | €1,766 | €1,358 | -€408 | -23.1% |
| Current assets | 29/58 | €48,693 | €70,835 | +€22,142 | +45.5% |
| Stocks and contracts in progress | 3 | €2,005 | €3,661 | +€1,656 | +82.6% |
| Stocks | 30/36 | €2,005 | €3,661 | +€1,656 | +82.6% |
| Amounts receivable within one year | 40/41 | €27,469 | €56,862 | +€29,392 | +107% |
| Other amounts receivable | 41 | €27,469 | €56,862 | +€29,392 | +107% |
| Cash at bank and in hand | 54/58 | €16,605 | €8,244 | -€8,362 | -50.4% |
| Deferred charges and accrued income | 490/1 | €2,614 | €2,068 | -€545 | -20.9% |
| Total equity and liabilities | 10/49 | €74,353 | €84,140 | +€9,787 | +13.2% |
| Equity | 10/15 | €13,486 | €673 | -€12,813 | -95.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,086 | - | -€1,086 | |
| Distributable reserves | 133 | €1,086 | - | -€1,086 | |
| Profit (loss) carried forward | 14 | - | -€11,727 | -€11,727 | |
| Provisions and deferred taxes | 16 | - | €27,361 | +€27,361 | |
| Provisions for liabilities and charges | 160/5 | - | €27,361 | +€27,361 | |
| Environmental obligations | 163 | - | €27,361 | +€27,361 | |
| Amounts payable | 17/49 | €60,867 | €56,106 | -€4,760 | -7.8% |
| Amounts payable after more than one year | 17 | €23,697 | €9,698 | -€14,000 | -59.1% |
| Financial debts | 170/4 | €23,697 | €9,698 | -€14,000 | -59.1% |
| Amounts payable within one year | 42/48 | €37,170 | €43,263 | +€6,094 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €13,370 | €14,000 | +€630 | +4.7% |
| Trade debts | 44 | €16,891 | €20,806 | +€3,914 | +23.2% |
| Suppliers | 440/4 | €16,891 | €20,806 | +€3,914 | +23.2% |
| Taxes, remuneration and social security | 45 | €6,909 | €8,458 | +€1,549 | +22.4% |
| Taxes | 450/3 | €5,858 | €6,401 | +€543 | +9.3% |
| Remuneration and social security | 454/9 | €1,051 | €2,057 | +€1,006 | +95.8% |
| Accrued charges and deferred income | 492/3 | - | €3,145 | +€3,145 | |
| Remuneration, social security and pensions | 62 | €87,220 | €64,492 | -€22,728 | -26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,219 | €12,355 | +€136 | +1.1% |
| Other operating charges | 640/8 | €3,358 | €3,955 | +€597 | +17.8% |
| Non-recurring operating charges | 66A | - | €27,361 | +€27,361 | |
| Gross operating margin | 9900 | €98,331 | €96,479 | -€1,852 | -1.9% |
| Operating profit (loss) | 9901 | -€4,465 | -€11,683 | -€7,218 | -162% |
| Financial income | 75/76B | €529 | €945 | +€416 | +78.5% |
| Recurring financial income | 75 | €529 | €945 | +€416 | +78.5% |
| Financial charges | 65/66B | €2,329 | €2,075 | -€254 | -10.9% |
| Recurring financial charges | 65 | €2,329 | €2,075 | -€254 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,265 | -€12,813 | -€6,548 | -105% |
| Profit (loss) for the period | 9904 | -€6,265 | -€12,813 | -€6,548 | -105% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,265 | -€12,813 | -€6,548 | -105% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.