De Waterhoek: what changed
What changed
De Waterhoek
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
-€10,884
2024 · -€14,083+€3,199
Equity
€522,599
2024 · €533,483-€10,884
Cash
€6,551
2024 · €3,724+€2,827
Balance sheet total
€544,741
2024 · €551,340-€6,599
Largest movements
Assets
- Tangible fixed assets -€8,332
down €8,332 (-1.5%), from €540,686 to €532,354
of which Plant, machinery and equipment: -€23,740
Equity and liabilities
- Profit (loss) carried forward -€10,884
down €10,884 (-6.6%), from -€164,874 to -€175,758
- Other debts +€8,358
up €8,358 (+106%), from €7,857 to €16,215
Income statement
- Depreciation -€3,269
down €3,269 (-14.4%), from €22,690 to €19,421
- Gross operating margin +€1,717
up €1,717 (+5.2%), from €33,058 to €34,775
- Other operating charges +€964
up €964 (+3.8%), from €25,229 to €26,193
- Financial income -€900
no longer reported in 2025 (was €900)
of which Non-recurring financial income: -€900
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
-€14,083
Gross operating margin
+€1,717
Depreciation
+€3,269
Other operating charges
-€964
Financial income
-€900
Financial charges
+€78
Result 2025
-€10,884
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
+€13,915
Investment
-€11,088
Financing
€0
Cash 2024
€3,724
From operations (derived)
+€13,915
Net result for the year
-€10,884
Depreciation
+€19,421
Receivables within one year
+€1,770
Deferred charges and accrued income
-€677
Trade debts
-€3,179
Tax, wage and social debts
-€492
Other debts
+€8,358
Accrued charges and deferred income
-€401
Investment (derived)
-€11,088
Investment in fixed assets (net)
-€11,088
Cash 2025
€6,551
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €551,340 | €544,741 | -€6,599 | -1.2% |
| Fixed assets | 21/28 | €540,686 | €532,354 | -€8,332 | -1.5% |
| Tangible fixed assets | 22/27 | €540,686 | €532,354 | -€8,332 | -1.5% |
| Land and buildings | 22 | €515,638 | €519,964 | +€4,326 | +0.8% |
| Plant, machinery and equipment | 23 | €23,740 | - | -€23,740 | |
| Furniture and vehicles | 24 | €1,308 | €12,390 | +€11,081 | +847% |
| Current assets | 29/58 | €10,654 | €12,387 | +€1,733 | +16.3% |
| Amounts receivable within one year | 40/41 | €6,781 | €5,011 | -€1,770 | -26.1% |
| Trade receivables | 40 | €6,485 | €5,011 | -€1,474 | -22.7% |
| Other amounts receivable | 41 | €296 | - | -€296 | |
| Cash at bank and in hand | 54/58 | €3,724 | €6,551 | +€2,827 | +75.9% |
| Deferred charges and accrued income | 490/1 | €149 | €825 | +€677 | +456% |
| Total equity and liabilities | 10/49 | €551,340 | €544,741 | -€6,599 | -1.2% |
| Equity | 10/15 | €533,483 | €522,599 | -€10,884 | -2.0% |
| Contributions | 10/11 | €269,000 | €269,000 | = | 0.0% |
| Capital | 10 | €269,000 | €269,000 | = | 0.0% |
| Issued capital | 100 | €269,000 | €269,000 | = | 0.0% |
| Revaluation surpluses | 12 | €398,862 | €398,862 | = | 0.0% |
| Reserves | 13 | €30,495 | €30,495 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,613 | €5,613 | = | 0.0% |
| Legal reserve | 130 | €5,613 | €5,613 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,882 | €24,882 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€164,874 | -€175,758 | -€10,884 | -6.6% |
| Amounts payable | 17/49 | €17,857 | €22,142 | +€4,285 | +24.0% |
| Amounts payable within one year | 42/48 | €17,455 | €22,142 | +€4,686 | +26.8% |
| Trade debts | 44 | €6,292 | €3,112 | -€3,179 | -50.5% |
| Suppliers | 440/4 | €6,292 | €3,112 | -€3,179 | -50.5% |
| Taxes, remuneration and social security | 45 | €3,307 | €2,815 | -€492 | -14.9% |
| Taxes | 450/3 | €3,307 | €2,815 | -€492 | -14.9% |
| Other amounts payable | 47/48 | €7,857 | €16,215 | +€8,358 | +106% |
| Accrued charges and deferred income | 492/3 | €401 | - | -€401 | |
| Non-recurring operating income | 76A | - | €14,855 | +€14,855 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,690 | €19,421 | -€3,269 | -14.4% |
| Other operating charges | 640/8 | €25,229 | €26,193 | +€964 | +3.8% |
| Gross operating margin | 9900 | €33,058 | €34,775 | +€1,717 | +5.2% |
| Operating profit (loss) | 9901 | -€14,861 | -€10,839 | +€4,022 | +27.1% |
| Financial income | 75/76B | €900 | - | -€900 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Non-recurring financial income | 76B | €900 | - | -€900 | |
| Financial charges | 65/66B | €123 | €45 | -€78 | -63.3% |
| Recurring financial charges | 65 | €123 | €45 | -€78 | -63.3% |
| Profit (loss) for the period before taxes | 9903 | -€14,083 | -€10,884 | +€3,199 | +22.7% |
| Profit (loss) for the period | 9904 | -€14,083 | -€10,884 | +€3,199 | +22.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,083 | -€10,884 | +€3,199 | +22.7% |
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 5 November 2026 via checked.be.