DU PHARE: 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
DU PHARE
NACE 56.301, Cafés and bars
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€495
2024 · €183,608-€183,113
Equity
€336,155
2024 · €335,660+€495
Cash
€534,405
2024 · €533,651+€753
Balance sheet total
€1.4m
2024 · €1.4m-€1,332
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Tax, wage and social debts -€51,455
down €51,455 (-20.8%), from €247,710 to €196,255
of which Taxes: -€50,639
- Trade debts +€21,766
up €21,766 (+15.7%), from €138,545 to €160,311
- Other debts +€18,995
up €18,995 (+2.9%), from €662,428 to €681,424
Income statement
- Gross operating margin -€158,144
down €158,144 (-6.7%), from €2.3m to €2.2m
- Staff costs +€79,187
up €79,187 (+4.0%), from €2.0m to €2.0m
- Taxes -€69,733
down €69,733 (-79.7%), from €87,461 to €17,728
From the 2024 result to the 2025 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 2024
€183,608
Gross operating margin
-€158,144
Staff costs
-€79,187
Depreciation
+€5,272
Other operating charges
-€12,228
Financial income
-€2,059
Financial charges
-€6,500
Taxes
+€69,733
Result 2025
€495
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€50,105
Investment
-€49,352
Financing
€0
Cash 2024
€533,651
From operations (derived)
+€50,105
Net result for the year
+€495
Depreciation
+€60,486
Stocks and contracts
-€2,402
Receivables within one year
-€7,030
Deferred charges and accrued income
+€384
Trade debts
+€21,766
Tax, wage and social debts
-€51,455
Other debts
+€18,995
Accrued charges and deferred income
+€8,866
Investment (derived)
-€49,352
Investment in fixed assets (net)
-€49,352
Cash 2025
€534,405
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,387,971 | €1,386,639 | -€1,332 | -0.1% |
| Fixed assets | 21/28 | €207,814 | €196,680 | -€11,134 | -5.4% |
| Intangible fixed assets | 21 | €46,393 | €39,838 | -€6,556 | -14.1% |
| Tangible fixed assets | 22/27 | €137,697 | €133,119 | -€4,578 | -3.3% |
| Land and buildings | 22 | €38,298 | €28,324 | -€9,974 | -26.0% |
| Plant, machinery and equipment | 23 | €58,790 | €59,916 | +€1,125 | +1.9% |
| Furniture and vehicles | 24 | €39,367 | €25,694 | -€13,673 | -34.7% |
| Other tangible fixed assets | 26 | €1,242 | €19,186 | +€17,944 | +1445.3% |
| Financial fixed assets | 28 | €23,724 | €23,724 | = | 0.0% |
| Current assets | 29/58 | €1,180,157 | €1,189,959 | +€9,802 | +0.8% |
| Amounts receivable after more than one year | 29 | €500,000 | €500,000 | = | 0.0% |
| Other amounts receivable | 291 | €500,000 | €500,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €26,649 | €29,051 | +€2,402 | +9.0% |
| Stocks | 30/36 | €26,649 | €29,051 | +€2,402 | +9.0% |
| Amounts receivable within one year | 40/41 | €117,948 | €124,978 | +€7,030 | +6.0% |
| Trade receivables | 40 | €19,718 | €89,326 | +€69,608 | +353.0% |
| Other amounts receivable | 41 | €98,231 | €35,652 | -€62,578 | -63.7% |
| Cash at bank and in hand | 54/58 | €533,651 | €534,405 | +€753 | +0.1% |
| Deferred charges and accrued income | 490/1 | €1,909 | €1,525 | -€384 | -20.1% |
| Total equity and liabilities | 10/49 | €1,387,971 | €1,386,639 | -€1,332 | -0.1% |
| Equity | 10/15 | €335,660 | €336,155 | +€495 | +0.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €317,068 | €317,563 | +€495 | +0.2% |
| Distributable reserves | 133 | €317,068 | €317,563 | +€495 | +0.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,052,311 | €1,050,484 | -€1,827 | -0.2% |
| Amounts payable within one year | 42/48 | €1,048,683 | €1,037,990 | -€10,693 | -1.0% |
| Trade debts | 44 | €138,545 | €160,311 | +€21,766 | +15.7% |
| Suppliers | 440/4 | €138,545 | €160,311 | +€21,766 | +15.7% |
| Taxes, remuneration and social security | 45 | €247,710 | €196,255 | -€51,455 | -20.8% |
| Taxes | 450/3 | €125,417 | €74,778 | -€50,639 | -40.4% |
| Remuneration and social security | 454/9 | €122,293 | €121,477 | -€816 | -0.7% |
| Other amounts payable | 47/48 | €662,428 | €681,424 | +€18,995 | +2.9% |
| Accrued charges and deferred income | 492/3 | €3,628 | €12,494 | +€8,866 | +244.4% |
| Remuneration, social security and pensions | 62 | €1,959,803 | €2,038,990 | +€79,187 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,758 | €60,486 | -€5,272 | -8.0% |
| Other operating charges | 640/8 | €24,109 | €36,337 | +€12,228 | +50.7% |
| Gross operating margin | 9900 | €2,342,899 | €2,184,755 | -€158,144 | -6.7% |
| Operating profit (loss) | 9901 | €293,229 | €48,943 | -€244,287 | -83.3% |
| Financial income | 75/76B | €6,741 | €4,682 | -€2,059 | -30.5% |
| Recurring financial income | 75 | €6,741 | €4,682 | -€2,059 | -30.5% |
| Financial charges | 65/66B | €28,901 | €35,401 | +€6,500 | +22.5% |
| Recurring financial charges | 65 | €28,901 | €35,401 | +€6,500 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | €271,069 | €18,223 | -€252,846 | -93.3% |
| Income taxes | 67/77 | €87,461 | €17,728 | -€69,733 | -79.7% |
| Profit (loss) for the period | 9904 | €183,608 | €495 | -€183,113 | -99.7% |
| Profit (loss) for the period to be appropriated | 9905 | €183,608 | €495 | -€183,113 | -99.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.