DUC DE BOURGOGNE: what changed
What changed
DUC DE BOURGOGNE
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
€180,172
2024 · €185,779-€5,608
Equity
€386,055
2024 · €580,884-€194,828
Cash
€574,343
2024 · €416,978+€157,366
Balance sheet total
€716,510
2024 · €832,123-€115,612
Largest movements
Assets
- Current investments -€200,000
no longer reported in 2025 (was €200,000)
- Cash +€157,366
up €157,366 (+37.7%), from €416,978 to €574,343
mainly Current investments (+€200,000) and Net result for the year (+€180,172)
- Tangible fixed assets -€54,668
down €54,668 (-34.7%), from €157,393 to €102,725
of which Plant, machinery and equipment: -€44,671
- Stocks and contracts -€12,975
down €12,975 (-43.5%), from €29,801 to €16,826
Equity and liabilities
- Reserves -€193,000
down €193,000 (-34.4%), from €560,400 to €367,400
- Other debts +€126,200
up €126,200 (+224%), from €56,300 to €182,500
- Tax, wage and social debts -€29,482
down €29,482 (-31.0%), from €95,169 to €65,687
of which Remuneration and social security: -€27,556
- Trade debts -€13,288
down €13,288 (-17.8%), from €74,771 to €61,483
- Debts after one year -€10,714
down €10,714 (-75.0%), from €14,286 to €3,571
Income statement
- Staff costs +€36,555
up €36,555 (+5.0%), from €728,035 to €764,590
- Taxes -€25,720
down €25,720 (-30.0%), from €85,630 to €59,909
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
€185,779
Gross operating margin
-€1,486
Staff costs
-€36,555
Depreciation
+€765
Other operating charges
-€310
Financial income
+€3,454
Financial charges
+€2,804
Taxes
+€25,720
Result 2025
€180,172
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
+€352,177
Investment
+€190,903
Financing
-€385,714
Cash 2024
€416,978
From operations (derived)
+€352,177
Net result for the year
+€180,172
Depreciation
+€70,890
Stocks and contracts
+€12,975
Receivables within one year
-€2,329
Deferred charges and accrued income
+€538
Trade debts
-€13,288
Tax, wage and social debts
-€29,482
Other debts
+€126,200
Accrued charges and deferred income
+€6,500
Investment (derived)
+€190,903
Investment in fixed assets (net)
-€9,097
Current investments
+€200,000
Financing
-€385,714
Debts after one year
-€10,714
Contributions, distributions and other
-€375,000
Cash 2025
€574,343
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €832,123 | €716,510 | -€115,612 | -13.9% |
| Fixed assets | 21/28 | €164,726 | €102,933 | -€61,793 | -37.5% |
| Intangible fixed assets | 21 | €7,333 | €208 | -€7,125 | -97.2% |
| Tangible fixed assets | 22/27 | €157,393 | €102,725 | -€54,668 | -34.7% |
| Plant, machinery and equipment | 23 | €138,811 | €94,140 | -€44,671 | -32.2% |
| Furniture and vehicles | 24 | €5,426 | €3,554 | -€1,872 | -34.5% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €13,157 | €5,031 | -€8,126 | -61.8% |
| Current assets | 29/58 | €667,396 | €613,577 | -€53,819 | -8.1% |
| Stocks and contracts in progress | 3 | €29,801 | €16,826 | -€12,975 | -43.5% |
| Stocks | 30/36 | €29,801 | €16,826 | -€12,975 | -43.5% |
| Amounts receivable within one year | 40/41 | €15,332 | €17,661 | +€2,329 | +15.2% |
| Trade receivables | 40 | €4,220 | €276 | -€3,944 | -93.5% |
| Other amounts receivable | 41 | €11,112 | €17,385 | +€6,273 | +56.5% |
| Current investments | 50/53 | €200,000 | - | -€200,000 | |
| Cash at bank and in hand | 54/58 | €416,978 | €574,343 | +€157,366 | +37.7% |
| Deferred charges and accrued income | 490/1 | €5,286 | €4,747 | -€538 | -10.2% |
| Total equity and liabilities | 10/49 | €832,123 | €716,510 | -€115,612 | -13.9% |
| Equity | 10/15 | €580,884 | €386,055 | -€194,828 | -33.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €560,400 | €367,400 | -€193,000 | -34.4% |
| Distributable reserves | 133 | €560,400 | €367,400 | -€193,000 | -34.4% |
| Profit (loss) carried forward | 14 | €1,884 | €55 | -€1,828 | -97.1% |
| Amounts payable | 17/49 | €251,239 | €330,455 | +€79,216 | +31.5% |
| Amounts payable after more than one year | 17 | €14,286 | €3,571 | -€10,714 | -75.0% |
| Financial debts | 170/4 | €14,286 | €3,571 | -€10,714 | -75.0% |
| Amounts payable within one year | 42/48 | €236,954 | €320,384 | +€83,430 | +35.2% |
| Current portion of amounts payable after more than one year | 42 | €10,714 | €10,714 | = | 0.0% |
| Trade debts | 44 | €74,771 | €61,483 | -€13,288 | -17.8% |
| Suppliers | 440/4 | €74,771 | €61,483 | -€13,288 | -17.8% |
| Taxes, remuneration and social security | 45 | €95,169 | €65,687 | -€29,482 | -31.0% |
| Taxes | 450/3 | €40,944 | €39,018 | -€1,926 | -4.7% |
| Remuneration and social security | 454/9 | €54,225 | €26,669 | -€27,556 | -50.8% |
| Other amounts payable | 47/48 | €56,300 | €182,500 | +€126,200 | +224% |
| Accrued charges and deferred income | 492/3 | - | €6,500 | +€6,500 | |
| Non-recurring operating income | 76A | €3,841 | - | -€3,841 | |
| Remuneration, social security and pensions | 62 | €728,035 | €764,590 | +€36,555 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,655 | €70,890 | -€765 | -1.1% |
| Other operating charges | 640/8 | €31,504 | €31,814 | +€310 | +1.0% |
| Gross operating margin | 9900 | €1,120,069 | €1,118,583 | -€1,486 | -0.1% |
| Operating profit (loss) | 9901 | €288,875 | €251,288 | -€37,586 | -13.0% |
| Financial income | 75/76B | €4,193 | €7,647 | +€3,454 | +82.4% |
| Recurring financial income | 75 | €4,193 | €7,647 | +€3,454 | +82.4% |
| Financial charges | 65/66B | €21,658 | €18,854 | -€2,804 | -12.9% |
| Recurring financial charges | 65 | €21,658 | €18,854 | -€2,804 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €271,409 | €240,081 | -€31,328 | -11.5% |
| Income taxes | 67/77 | €85,630 | €59,909 | -€25,720 | -30.0% |
| Profit (loss) for the period | 9904 | €185,779 | €180,172 | -€5,608 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €185,779 | €180,172 | -€5,608 | -3.0% |
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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 3 November 2026 via checked.be.