De Sarlinde: 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 Sarlinde
NACE 56.111, Full-service restaurants
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€11,570
2025 · €16,228-€4,658
Equity
€160,198
2025 · €148,628+€11,570
Cash
€28,902
2025 · €39,742-€10,840
Balance sheet total
€1.1m
2025 · €1.2m-€72,694
Largest movements
Assets
- Tangible fixed assets -€48,292
down €48,292 (-4.4%), from €1.1m to €1.0m
of which Land and buildings: -€44,498
Equity and liabilities
- Debts after one year -€63,085
down €63,085 (-7.6%), from €831,437 to €768,352
- Trade debts -€35,205
down €35,205 (-31.9%), from €110,266 to €75,061
- Other debts +€15,918
up €15,918 (+378%), from €4,214 to €20,132
Income statement
- Gross operating margin +€27,139
up €27,139 (+17.8%), from €152,432 to €179,571
- Depreciation +€15,784
up €15,784 (+21.0%), from €75,302 to €91,086
- Financial charges +€13,254
up €13,254 (+34.8%), from €38,105 to €51,359
- Other operating charges +€5,560
up €5,560 (+81.4%), from €6,826 to €12,386
From the 2025 result to the 2026 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 2025
€16,228
Gross operating margin
+€27,139
Staff costs
+€1,086
Depreciation
-€15,784
Other operating charges
-€5,560
Financial income
+€404
Financial charges
-€13,254
Taxes
+€1,310
Result 2026
€11,570
raises the resultlowers the result
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€98,320
Investment
-€42,794
Financing
-€66,366
Cash 2025
€39,742
From operations (derived)
+€98,320
Net result for the year
+€11,570
Depreciation
+€91,086
Stocks and contracts
+€1,593
Receivables within one year
+€4,370
Deferred charges and accrued income
+€7,599
Trade debts
-€35,205
Tax, wage and social debts
+€1,388
Other debts
+€15,918
Investment (derived)
-€42,794
Investment in fixed assets (net)
-€42,794
Financing
-€66,366
Debts after one year
-€63,085
Current portion of long-term debt
+€898
Short-term financial debts
-€4,179
Cash 2026
€28,902
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,207,290 | €1,134,596 | -€72,694 | -6.0% |
| Fixed assets | 21/28 | €1,089,062 | €1,040,771 | -€48,292 | -4.4% |
| Tangible fixed assets | 22/27 | €1,088,310 | €1,040,018 | -€48,292 | -4.4% |
| Land and buildings | 22 | €988,589 | €944,091 | -€44,498 | -4.5% |
| Plant, machinery and equipment | 23 | €51,683 | €59,875 | +€8,192 | +15.9% |
| Furniture and vehicles | 24 | €48,038 | €36,052 | -€11,985 | -25.0% |
| Financial fixed assets | 28 | €753 | €753 | = | 0.0% |
| Current assets | 29/58 | €118,227 | €93,825 | -€24,403 | -20.6% |
| Stocks and contracts in progress | 3 | €28,815 | €27,222 | -€1,593 | -5.5% |
| Stocks | 30/36 | €28,815 | €27,222 | -€1,593 | -5.5% |
| Amounts receivable within one year | 40/41 | €16,212 | €11,841 | -€4,370 | -27.0% |
| Trade receivables | 40 | €7,955 | €1,289 | -€6,666 | -83.8% |
| Other amounts receivable | 41 | €8,257 | €10,553 | +€2,296 | +27.8% |
| Cash at bank and in hand | 54/58 | €39,742 | €28,902 | -€10,840 | -27.3% |
| Deferred charges and accrued income | 490/1 | €33,459 | €25,860 | -€7,599 | -22.7% |
| Total equity and liabilities | 10/49 | €1,207,290 | €1,134,596 | -€72,694 | -6.0% |
| Equity | 10/15 | €148,628 | €160,198 | +€11,570 | +7.8% |
| Contributions | 10/11 | €4,472 | €4,472 | = | 0.0% |
| Reserves | 13 | €144,155 | €155,726 | +€11,570 | +8.0% |
| Distributable reserves | 133 | €144,155 | €155,726 | +€11,570 | +8.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,058,662 | €974,398 | -€84,264 | -8.0% |
| Amounts payable after more than one year | 17 | €831,437 | €768,352 | -€63,085 | -7.6% |
| Financial debts | 170/4 | €831,437 | €768,352 | -€63,085 | -7.6% |
| Amounts payable within one year | 42/48 | €227,225 | €206,046 | -€21,179 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €91,193 | €92,090 | +€898 | +1.0% |
| Financial debts | 43 | €12,531 | €8,352 | -€4,179 | -33.3% |
| Credit institutions | 430/8 | €12,531 | €8,352 | -€4,179 | -33.3% |
| Trade debts | 44 | €110,266 | €75,061 | -€35,205 | -31.9% |
| Suppliers | 440/4 | €110,266 | €75,061 | -€35,205 | -31.9% |
| Taxes, remuneration and social security | 45 | €9,022 | €10,410 | +€1,388 | +15.4% |
| Taxes | 450/3 | €4,202 | €1,075 | -€3,127 | -74.4% |
| Remuneration and social security | 454/9 | €4,820 | €9,335 | +€4,516 | +93.7% |
| Other amounts payable | 47/48 | €4,214 | €20,132 | +€15,918 | +378% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | €8,300 | +€8,300 | |
| Remuneration, social security and pensions | 62 | €8,041 | €6,956 | -€1,086 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,302 | €91,086 | +€15,784 | +21.0% |
| Other operating charges | 640/8 | €6,826 | €12,386 | +€5,560 | +81.4% |
| Gross operating margin | 9900 | €152,432 | €179,571 | +€27,139 | +17.8% |
| Operating profit (loss) | 9901 | €62,262 | €69,144 | +€6,882 | +11.1% |
| Financial income | 75/76B | €3 | €407 | +€404 | +12,586% |
| Recurring financial income | 75 | €3 | €407 | +€404 | +12,586% |
| Financial charges | 65/66B | €38,105 | €51,359 | +€13,254 | +34.8% |
| Recurring financial charges | 65 | €38,105 | €51,359 | +€13,254 | +34.8% |
| Profit (loss) for the period before taxes | 9903 | €24,160 | €18,192 | -€5,968 | -24.7% |
| Income taxes | 67/77 | €7,932 | €6,622 | -€1,310 | -16.5% |
| Profit (loss) for the period | 9904 | €16,228 | €11,570 | -€4,658 | -28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,228 | €11,570 | -€4,658 | -28.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.