FRIETHUIS DE COTTAGES: what changed
What changed
FRIETHUIS DE COTTAGES
NACE 56.112, Limited-service restaurants, excluding mobile food services
filed annual accounts (NBB)
Net result for the year
-€1,566
2024 · -€346-€1,220
Equity
€28,624
2024 · €30,190-€1,566
Cash
€687
2024 · €502+€186
Balance sheet total
€354,977
2024 · €337,504+€17,473
Largest movements
Assets
- Tangible fixed assets +€18,956
up €18,956 (+5.8%), from €328,582 to €347,538
of which Land and buildings: +€30,005
Equity and liabilities
- Debts after one year +€5,841
up €5,841 (+2.5%), from €238,028 to €243,869
- Other debts +€4,622
up €4,622 (+20.2%), from €22,906 to €27,528
- Trade debts +€4,430
up €4,430 (+39.7%), from €11,161 to €15,591
- Current portion of long-term debt +€3,684
up €3,684 (+15.5%), from €23,843 to €27,527
Income statement
- Gross operating margin +€2,340
up €2,340 (+4.9%), from €47,782 to €50,122
- Depreciation +€1,844
up €1,844 (+8.9%), from €20,778 to €22,622
- Staff costs +€1,234
up €1,234 (+8.4%), from €14,690 to €15,925
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
-€346
Gross operating margin
+€2,340
Staff costs
-€1,234
Depreciation
-€1,844
Other operating charges
-€330
Financial income
-€2
Financial charges
-€94
Taxes
-€55
Result 2025
-€1,566
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
+€30,121
Investment
-€41,578
Financing
+€11,642
Cash 2024
€502
From operations (derived)
+€30,121
Net result for the year
-€1,566
Depreciation
+€22,622
Stocks and contracts
-€234
Receivables within one year
+€1,648
Deferred charges and accrued income
+€255
Trade debts
+€4,430
Tax, wage and social debts
-€1,895
Advances received
+€240
Other debts
+€4,622
Investment (derived)
-€41,578
Investment in fixed assets (net)
-€41,578
Financing
+€11,642
Debts after one year
+€5,841
Current portion of long-term debt
+€3,684
Short-term financial debts
+€2,117
Cash 2025
€687
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €337,504 | €354,977 | +€17,473 | +5.2% |
| Fixed assets | 21/28 | €330,182 | €349,138 | +€18,956 | +5.7% |
| Tangible fixed assets | 22/27 | €328,582 | €347,538 | +€18,956 | +5.8% |
| Land and buildings | 22 | €255,887 | €285,893 | +€30,005 | +11.7% |
| Plant, machinery and equipment | 23 | €71,703 | €61,102 | -€10,601 | -14.8% |
| Furniture and vehicles | 24 | €992 | €543 | -€448 | -45.2% |
| Financial fixed assets | 28 | €1,600 | €1,600 | = | 0.0% |
| Current assets | 29/58 | €7,322 | €5,839 | -€1,483 | -20.3% |
| Stocks and contracts in progress | 3 | €3,604 | €3,839 | +€234 | +6.5% |
| Stocks | 30/36 | €3,604 | €3,839 | +€234 | +6.5% |
| Amounts receivable within one year | 40/41 | €2,147 | €500 | -€1,648 | -76.7% |
| Trade receivables | 40 | €1,651 | €425 | -€1,227 | -74.3% |
| Other amounts receivable | 41 | €496 | €75 | -€421 | -84.9% |
| Cash at bank and in hand | 54/58 | €502 | €687 | +€186 | +37.1% |
| Deferred charges and accrued income | 490/1 | €1,069 | €814 | -€255 | -23.9% |
| Total equity and liabilities | 10/49 | €337,504 | €354,977 | +€17,473 | +5.2% |
| Equity | 10/15 | €30,190 | €28,624 | -€1,566 | -5.2% |
| Contributions | 10/11 | €27,666 | €27,666 | = | 0.0% |
| Reserves | 13 | €2,524 | €958 | -€1,566 | -62.1% |
| Distributable reserves | 133 | €2,524 | €958 | -€1,566 | -62.1% |
| Amounts payable | 17/49 | €307,314 | €326,353 | +€19,039 | +6.2% |
| Amounts payable after more than one year | 17 | €238,028 | €243,869 | +€5,841 | +2.5% |
| Financial debts | 170/4 | €238,028 | €243,869 | +€5,841 | +2.5% |
| Amounts payable within one year | 42/48 | €69,286 | €82,484 | +€13,198 | +19.0% |
| Current portion of amounts payable after more than one year | 42 | €23,843 | €27,527 | +€3,684 | +15.5% |
| Financial debts | 43 | €2,579 | €4,696 | +€2,117 | +82.1% |
| Credit institutions | 430/8 | €2,579 | €1,220 | -€1,359 | -52.7% |
| Other loans | 439 | - | €3,476 | +€3,476 | |
| Trade debts | 44 | €11,161 | €15,591 | +€4,430 | +39.7% |
| Suppliers | 440/4 | €11,161 | €15,591 | +€4,430 | +39.7% |
| Advances received on contracts in progress | 46 | - | €240 | +€240 | |
| Taxes, remuneration and social security | 45 | €8,798 | €6,902 | -€1,895 | -21.5% |
| Taxes | 450/3 | €4,014 | €2,671 | -€1,343 | -33.5% |
| Remuneration and social security | 454/9 | €4,783 | €4,231 | -€552 | -11.5% |
| Other amounts payable | 47/48 | €22,906 | €27,528 | +€4,622 | +20.2% |
| Remuneration, social security and pensions | 62 | €14,690 | €15,925 | +€1,234 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,778 | €22,622 | +€1,844 | +8.9% |
| Other operating charges | 640/8 | €2,529 | €2,859 | +€330 | +13.0% |
| Gross operating margin | 9900 | €47,782 | €50,122 | +€2,340 | +4.9% |
| Operating profit (loss) | 9901 | €9,785 | €8,717 | -€1,068 | -10.9% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €9,419 | €9,514 | +€94 | +1.0% |
| Recurring financial charges | 65 | €9,419 | €9,514 | +€94 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €368 | -€797 | -€1,165 | |
| Income taxes | 67/77 | €714 | €769 | +€55 | +7.7% |
| Profit (loss) for the period | 9904 | -€346 | -€1,566 | -€1,220 | -353% |
| Profit (loss) for the period to be appropriated | 9905 | -€346 | -€1,566 | -€1,220 | -353% |
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.