DEMLOC: what changed
Two fiscal 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
DEMLOC
NACE 56.111, Full-service restaurants
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€125,347
2023 · -€86,350-€38,997
Equity
€6.8m
2023 · €6.9m-€125,347
Cash
€5,554
2023 · €9,277-€3,723
Balance sheet total
€7.5m
2023 · €7.6m-€170,203
Largest movements
Assets
- Tangible fixed assets -€92,260
down €92,260 (-1.3%), from €7.1m to €7.1m
Equity and liabilities
- Profit (loss) carried forward -€125,347
down €125,347 (-41.3%), from €303,674 to €178,327
Income statement
- Gross operating margin -€33,650
down €33,650 (-21.2%), from €159,025 to €125,376
- Staff costs +€6,894
up €6,894 (+6.5%), from €106,146 to €113,040
- Depreciation -€2,747
down €2,747 (-2.6%), from €106,762 to €104,015
- Other operating charges +€2,071
up €2,071 (+9.5%), from €21,806 to €23,878
From the 2023 result to the 2024 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 2023
-€86,350
Gross operating margin
-€33,650
Staff costs
-€6,894
Depreciation
+€2,747
Other operating charges
-€2,071
Financial income
-€61
Financial charges
+€69
Taxes
+€863
Result 2024
-€125,347
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€69,878
Investment
-€11,755
Financing
-€61,846
Cash 2023
€9,277
From operations (derived)
+€69,878
Net result for the year
-€125,347
Depreciation
+€104,015
Receivables within one year
+€74,816
Deferred charges and accrued income
-€596
Trade debts
-€25,821
Tax, wage and social debts
-€1,133
Other debts
+€44,659
Accrued charges and deferred income
-€715
Investment (derived)
-€11,755
Investment in fixed assets (net)
-€11,755
Financing
-€61,846
Debts after one year
-€44,443
Current portion of long-term debt
-€17,405
Short-term financial debts
+€2
Cash 2024
€5,554
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,621,322 | €7,451,118 | -€170,203 | -2.2% |
| Fixed assets | 21/28 | €7,146,713 | €7,054,453 | -€92,260 | -1.3% |
| Tangible fixed assets | 22/27 | €7,146,713 | €7,054,453 | -€92,260 | -1.3% |
| Land and buildings | 22 | €6,803,917 | €6,793,010 | -€10,907 | -0.2% |
| Plant, machinery and equipment | 23 | €288,635 | €243,174 | -€45,461 | -15.8% |
| Furniture and vehicles | 24 | €7,505 | €2,888 | -€4,617 | -61.5% |
| Leasing and similar rights | 25 | €46,656 | €15,381 | -€31,275 | -67.0% |
| Current assets | 29/58 | €474,608 | €396,665 | -€77,943 | -16.4% |
| Amounts receivable within one year | 40/41 | €456,918 | €382,102 | -€74,816 | -16.4% |
| Trade receivables | 40 | €450,016 | €375,465 | -€74,551 | -16.6% |
| Other amounts receivable | 41 | €6,902 | €6,638 | -€265 | -3.8% |
| Cash at bank and in hand | 54/58 | €9,277 | €5,554 | -€3,723 | -40.1% |
| Deferred charges and accrued income | 490/1 | €8,413 | €9,009 | +€596 | +7.1% |
| Total equity and liabilities | 10/49 | €7,621,322 | €7,451,118 | -€170,203 | -2.2% |
| Equity | 10/15 | €6,922,243 | €6,796,895 | -€125,347 | -1.8% |
| Contributions | 10/11 | €6,567,230 | €6,567,230 | = | 0.0% |
| Reserves | 13 | €51,339 | €51,339 | = | 0.0% |
| Distributable reserves | 133 | €51,339 | €51,339 | = | 0.0% |
| Profit (loss) carried forward | 14 | €303,674 | €178,327 | -€125,347 | -41.3% |
| Amounts payable | 17/49 | €699,079 | €654,223 | -€44,856 | -6.4% |
| Amounts payable after more than one year | 17 | €97,823 | €53,380 | -€44,443 | -45.4% |
| Financial debts | 170/4 | €97,823 | €53,380 | -€44,443 | -45.4% |
| Amounts payable within one year | 42/48 | €600,272 | €600,573 | +€301 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €61,903 | €44,498 | -€17,405 | -28.1% |
| Financial debts | 43 | €0 | €2 | +€2 | |
| Credit institutions | 430/8 | €0 | €2 | +€2 | |
| Trade debts | 44 | €79,601 | €53,780 | -€25,821 | -32.4% |
| Suppliers | 440/4 | €79,601 | €53,780 | -€25,821 | -32.4% |
| Taxes, remuneration and social security | 45 | €31,214 | €30,081 | -€1,133 | -3.6% |
| Taxes | 450/3 | €15,138 | €13,567 | -€1,571 | -10.4% |
| Remuneration and social security | 454/9 | €16,076 | €16,514 | +€438 | +2.7% |
| Other amounts payable | 47/48 | €427,554 | €472,213 | +€44,659 | +10.4% |
| Accrued charges and deferred income | 492/3 | €984 | €269 | -€715 | -72.6% |
| Remuneration, social security and pensions | 62 | €106,146 | €113,040 | +€6,894 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,762 | €104,015 | -€2,747 | -2.6% |
| Other operating charges | 640/8 | €21,806 | €23,878 | +€2,071 | +9.5% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €159,025 | €125,376 | -€33,650 | -21.2% |
| Operating profit (loss) | 9901 | -€75,689 | -€115,557 | -€39,868 | -52.7% |
| Financial income | 75/76B | €62 | €1 | -€61 | -98.2% |
| Recurring financial income | 75 | €62 | €1 | -€61 | -98.2% |
| Financial charges | 65/66B | €5,450 | €5,381 | -€69 | -1.3% |
| Recurring financial charges | 65 | €5,450 | €5,381 | -€69 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | -€81,077 | -€120,937 | -€39,860 | -49.2% |
| Income taxes | 67/77 | €5,273 | €4,410 | -€863 | -16.4% |
| Profit (loss) for the period | 9904 | -€86,350 | -€125,347 | -€38,997 | -45.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€86,350 | -€125,347 | -€38,997 | -45.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.