DEN HEUVEL: what changed
What changed
DEN HEUVEL
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
€13,766
2024 · €1,026+€12,739
Equity
-€35,339
2024 · -€49,105+€13,766
Cash
€21,164
2024 · €32,614-€11,449
Balance sheet total
€159,982
2024 · €115,526+€44,456
Largest movements
Assets
- Tangible fixed assets +€30,150
up €30,150 (+49.4%), from €60,982 to €91,132
of which Furniture and vehicles: +€23,670
- Deferred charges and accrued income +€24,153
up €24,153 (+431%), from €5,601 to €29,753
- Cash -€11,449
down €11,449 (-35.1%), from €32,614 to €21,164
mainly Investment in fixed assets (net) (-€49,697) and Deferred charges and accrued income (-€24,153)
- Stocks and contracts +€2,874
up €2,874 (+48.7%), from €5,895 to €8,769
Equity and liabilities
- Other debts +€26,541
up €26,541 (+46.0%), from €57,640 to €84,182
- Debts after one year +€18,879
up €18,879 (+67.3%), from €28,056 to €46,935
- Tax, wage and social debts -€15,272
down €15,272 (-100%), from €15,272 to €0
- Profit (loss) carried forward +€13,766
up €13,766 (+21.7%), from -€63,365 to -€49,599
- Accrued charges and deferred income -€9,638
down €9,638 (-100%), from €9,638 to €0
Income statement
- Gross operating margin +€19,092
up €19,092 (+9.1%), from €210,881 to €229,973
- Staff costs +€4,904
up €4,904 (+2.6%), from €185,537 to €190,441
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
€1,026
Gross operating margin
+€19,092
Staff costs
-€4,904
Depreciation
-€1,885
Other operating charges
-€1,123
Other operating items
+€2,480
Financial income
-€314
Financial charges
-€606
Result 2025
€13,766
raises the resultlowers the resultnot broken down further in the accounts
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
+€11,656
Investment
-€49,697
Financing
+€26,592
Cash 2024
€32,614
From operations (derived)
+€11,656
Net result for the year
+€13,766
Depreciation
+€19,547
Stocks and contracts
-€2,874
Receivables within one year
+€1,271
Deferred charges and accrued income
-€24,153
Trade debts
+€5,509
Tax, wage and social debts
-€15,272
Advances received
-€3,041
Other debts
+€26,541
Accrued charges and deferred income
-€9,638
Investment (derived)
-€49,697
Investment in fixed assets (net)
-€49,697
Financing
+€26,592
Debts after one year
+€18,879
Current portion of long-term debt
+€7,696
Short-term financial debts
+€17
Cash 2025
€21,164
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,526 | €159,982 | +€44,456 | +38.5% |
| Fixed assets | 21/28 | €60,982 | €91,132 | +€30,150 | +49.4% |
| Tangible fixed assets | 22/27 | €60,982 | €91,132 | +€30,150 | +49.4% |
| Plant, machinery and equipment | 23 | €16,349 | €28,883 | +€12,534 | +76.7% |
| Furniture and vehicles | 24 | €8,815 | €32,485 | +€23,670 | +269% |
| Other tangible fixed assets | 26 | €35,818 | €29,764 | -€6,054 | -16.9% |
| Current assets | 29/58 | €54,544 | €68,850 | +€14,306 | +26.2% |
| Stocks and contracts in progress | 3 | €5,895 | €8,769 | +€2,874 | +48.7% |
| Stocks | 30/36 | €5,895 | €8,769 | +€2,874 | +48.7% |
| Amounts receivable within one year | 40/41 | €10,434 | €9,163 | -€1,271 | -12.2% |
| Trade receivables | 40 | €9,545 | €7,257 | -€2,288 | -24.0% |
| Other amounts receivable | 41 | €889 | €1,906 | +€1,017 | +114% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €32,614 | €21,164 | -€11,449 | -35.1% |
| Deferred charges and accrued income | 490/1 | €5,601 | €29,753 | +€24,153 | +431% |
| Total equity and liabilities | 10/49 | €115,526 | €159,982 | +€44,456 | +38.5% |
| Equity | 10/15 | -€49,105 | -€35,339 | +€13,766 | +28.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,365 | -€49,599 | +€13,766 | +21.7% |
| Amounts payable | 17/49 | €164,631 | €195,321 | +€30,690 | +18.6% |
| Amounts payable after more than one year | 17 | €28,056 | €46,935 | +€18,879 | +67.3% |
| Financial debts | 170/4 | €28,056 | €46,935 | +€18,879 | +67.3% |
| Amounts payable within one year | 42/48 | €126,936 | €148,386 | +€21,450 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | €17,545 | €25,241 | +€7,696 | +43.9% |
| Financial debts | 43 | - | €17 | +€17 | |
| Credit institutions | 430/8 | - | €17 | +€17 | |
| Trade debts | 44 | €30,968 | €36,477 | +€5,509 | +17.8% |
| Suppliers | 440/4 | €30,968 | €36,477 | +€5,509 | +17.8% |
| Advances received on contracts in progress | 46 | €5,510 | €2,469 | -€3,041 | -55.2% |
| Taxes, remuneration and social security | 45 | €15,272 | €0 | -€15,272 | -100% |
| Taxes | 450/3 | €15,272 | €0 | -€15,272 | -100% |
| Other amounts payable | 47/48 | €57,640 | €84,182 | +€26,541 | +46.0% |
| Accrued charges and deferred income | 492/3 | €9,638 | €0 | -€9,638 | -100% |
| Non-recurring operating income | 76A | - | €900 | +€900 | |
| Remuneration, social security and pensions | 62 | €185,537 | €190,441 | +€4,904 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,662 | €19,547 | +€1,885 | +10.7% |
| Other operating charges | 640/8 | €602 | €1,726 | +€1,123 | +186% |
| Non-recurring operating charges | 66A | €2,480 | €0 | -€2,480 | -100% |
| Gross operating margin | 9900 | €210,881 | €229,973 | +€19,092 | +9.1% |
| Operating profit (loss) | 9901 | €4,599 | €18,259 | +€13,660 | +297% |
| Financial income | 75/76B | €376 | €62 | -€314 | -83.5% |
| Recurring financial income | 75 | €376 | €62 | -€314 | -83.5% |
| Financial charges | 65/66B | €3,949 | €4,555 | +€606 | +15.4% |
| Recurring financial charges | 65 | €3,949 | €4,555 | +€606 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €1,026 | €13,766 | +€12,739 | +1,241% |
| Profit (loss) for the period | 9904 | €1,026 | €13,766 | +€12,739 | +1,241% |
| Profit (loss) for the period to be appropriated | 9905 | €1,026 | €13,766 | +€12,739 | +1,241% |
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 2 November 2026 via checked.be.