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EGXON: 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

EGXON

BE 0895.229.331
NACE 56.111, Full-service restaurants
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€40,742
2023 · €74,796-€34,055
Equity
€209,916
2023 · €184,174+€25,742
Cash
€4,318
2023 · €2,593+€1,724
Balance sheet total
€490,452
2023 · €523,915-€33,462

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€27,050

    down €27,050 (-5.5%), from €494,709 to €467,658

    of which Land and buildings: -€24,067

  • Intangible fixed assets -€5,500

    down €5,500 (-33.3%), from €16,500 to €11,000

Equity and liabilities
  • Debts after one year -€57,632

    down €57,632 (-24.7%), from €233,473 to €175,841

  • Profit (loss) carried forward +€25,742

    up €25,742 (+24.2%), from €106,190 to €131,932

  • Trade debts -€15,012

    down €15,012 (-64.9%), from €23,121 to €8,109

  • Other debts +€9,185

    up €9,185 (+14.9%), from €61,745 to €70,931

Income statement
  • Turnover -€64,040

    down €64,040 (-15.6%), from €409,435 to €345,394

  • Gross operating margin -€47,520

    down €47,520 (-27.5%), from €172,652 to €125,132

  • Purchases and services -€18,192

    down €18,192 (-7.6%), from €238,453 to €220,262

  • Other operating charges -€15,304

    down €15,304 (-76.0%), from €20,138 to €4,833

  • Taxes +€4,348

    new in 2024: €4,348

From the 2023 result to the 2024 result

effect on the 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 €74,796
Gross operating margin -€47,520
Staff costs -€308
Depreciation +€947
Other operating charges +€15,304
Financial income +€1
Financial charges +€1,869
Taxes -€4,348
Result 2024 €40,742

Cash bridge derived

cash 2023 to 2024

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 +€75,343
Investment -€988
Financing -€72,632
Cash 2023 €2,593
Net result for the year +€40,742
Depreciation +€33,538
Receivables within one year +€2,177
Deferred charges and accrued income +€459
Trade debts -€15,012
Tax, wage and social debts +€4,254
Other debts +€9,185
Investment in fixed assets (net) -€988
Debts after one year -€57,632
Contributions, distributions and other -€15,000
Cash 2024 €4,318
Every line side by side 50 lines
Line Code 2023 2024 Change %
Total assets 20/58 €523,915 €490,452 -€33,462 -6.4%
Fixed assets 21/28 €513,349 €480,798 -€32,550 -6.3%
Intangible fixed assets 21 €16,500 €11,000 -€5,500 -33.3%
Tangible fixed assets 22/27 €494,709 €467,658 -€27,050 -5.5%
Land and buildings 22 €475,262 €451,195 -€24,067 -5.1%
Plant, machinery and equipment 23 €14,212 €12,520 -€1,692 -11.9%
Furniture and vehicles 24 €1,534 €943 -€591 -38.5%
Other tangible fixed assets 26 €3,700 €3,000 -€700 -18.9%
Financial fixed assets 28 €2,140 €2,140 = 0.0%
Current assets 29/58 €10,566 €9,654 -€912 -8.6%
Amounts receivable within one year 40/41 €7,514 €5,337 -€2,177 -29.0%
Other amounts receivable 41 €7,514 €5,337 -€2,177 -29.0%
Cash at bank and in hand 54/58 €2,593 €4,318 +€1,724 +66.5%
Deferred charges and accrued income 490/1 €459 - -€459
Total equity and liabilities 10/49 €523,915 €490,452 -€33,462 -6.4%
Equity 10/15 €184,174 €209,916 +€25,742 +14.0%
Contributions 10/11 €19,000 €19,000 = 0.0%
Capital 10 €19,000 €19,000 = 0.0%
Issued capital 100 €19,000 €19,000 = 0.0%
Reserves 13 €58,984 €58,984 = 0.0%
Non-distributable reserves 130/1 €1,900 €1,900 = 0.0%
Legal reserve 130 €1,900 €1,900 = 0.0%
Distributable reserves 133 €57,084 €57,084 = 0.0%
Profit (loss) carried forward 14 €106,190 €131,932 +€25,742 +24.2%
Amounts payable 17/49 €339,740 €280,536 -€59,204 -17.4%
Amounts payable after more than one year 17 €233,473 €175,841 -€57,632 -24.7%
Financial debts 170/4 €233,473 €175,841 -€57,632 -24.7%
Amounts payable within one year 42/48 €106,267 €104,695 -€1,572 -1.5%
Trade debts 44 €23,121 €8,109 -€15,012 -64.9%
Suppliers 440/4 €23,121 €8,109 -€15,012 -64.9%
Taxes, remuneration and social security 45 €21,401 €25,655 +€4,254 +19.9%
Taxes 450/3 €11,749 €15,642 +€3,893 +33.1%
Remuneration and social security 454/9 €9,652 €10,013 +€361 +3.7%
Other amounts payable 47/48 €61,745 €70,931 +€9,185 +14.9%
Turnover 70 €409,435 €345,394 -€64,040 -15.6%
Non-recurring operating income 76A €1,671 - -€1,671
Goods, raw materials, services and sundry goods 60/61 €238,453 €220,262 -€18,192 -7.6%
Remuneration, social security and pensions 62 €34,009 €34,317 +€308 +0.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €34,485 €33,538 -€947 -2.7%
Other operating charges 640/8 €20,138 €4,833 -€15,304 -76.0%
Gross operating margin 9900 €172,652 €125,132 -€47,520 -27.5%
Operating profit (loss) 9901 €84,020 €52,444 -€31,576 -37.6%
Financial income 75/76B €1 €1 +€1 +136.7%
Recurring financial income 75 €1 €1 +€1 +136.7%
Financial charges 65/66B €9,225 €7,356 -€1,869 -20.3%
Recurring financial charges 65 €9,225 €7,356 -€1,869 -20.3%
Profit (loss) for the period before taxes 9903 €74,796 €45,090 -€29,706 -39.7%
Income taxes 67/77 - €4,348 +€4,348
Profit (loss) for the period 9904 €74,796 €40,742 -€34,055 -45.5%
Profit (loss) for the period to be appropriated 9905 €74,796 €40,742 -€34,055 -45.5%

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 30 September 2026 via checked.be.