Frituur ‘T Centrum: what changed
Two financial 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.
Frituur ‘T Centrum
Largest movements
- Cash -€11,768
down €11,768 (-47.8%), from €24,616 to €12,848
mainly Investment in fixed assets (net) (-€25,411) and Other debts (-€16,632)
- Tangible fixed assets +€11,479
up €11,479 (+28.1%), from €40,906 to €52,386
of which Furniture and vehicles: +€19,634
- Intangible fixed assets -€2,000
down €2,000 (-14.8%), from €13,496 to €11,496
- Deferred charges and accrued income -€1,573
down €1,573 (-36.7%), from €4,281 to €2,708
- Stocks and contracts -€1,137
down €1,137 (-13.9%), from €8,163 to €7,026
- Debts after one year +€22,961
up €22,961 (+88.5%), from €25,945 to €48,905
of which Other amounts payable: +€16,537
- Other debts -€16,632
down €16,632 (-100%), from €16,632 to €0
- Reserves -€13,341
down €13,341 (-72.8%), from €18,322 to €4,981
- Current portion of long-term debt +€4,123
up €4,123 (+38.8%), from €10,619 to €14,742
- Tax, wage and social debts -€1,813
down €1,813 (-26.0%), from €6,984 to €5,171
of which Remuneration and social security: -€1,530
- Gross operating margin -€35,738
down €35,738 (-60.5%), from €59,087 to €23,349
- Financial charges -€12,798
down €12,798 (-66.3%), from €19,302 to €6,504
- Depreciation +€6,035
up €6,035 (+58.9%), from €10,243 to €16,278
- Taxes -€3,621
down €3,621 (-91.4%), from €3,962 to €341
- Staff costs +€1,984
up €1,984 (+20.9%), from €9,495 to €11,479
From the 2023 result to the 2024 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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,692 | €89,230 | -€4,462 | -4.8% |
| Formation expenses | 20 | €584 | €237 | -€347 | -59.4% |
| Fixed assets | 21/28 | €54,402 | €63,881 | +€9,479 | +17.4% |
| Intangible fixed assets | 21 | €13,496 | €11,496 | -€2,000 | -14.8% |
| Tangible fixed assets | 22/27 | €40,906 | €52,386 | +€11,479 | +28.1% |
| Plant, machinery and equipment | 23 | €3,075 | €2,984 | -€91 | -3.0% |
| Furniture and vehicles | 24 | €3,648 | €23,282 | +€19,634 | +538% |
| Leasing and similar rights | 25 | €34,183 | €26,120 | -€8,064 | -23.6% |
| Current assets | 29/58 | €38,706 | €25,111 | -€13,595 | -35.1% |
| Stocks and contracts in progress | 3 | €8,163 | €7,026 | -€1,137 | -13.9% |
| Stocks | 30/36 | €8,163 | €7,026 | -€1,137 | -13.9% |
| Amounts receivable within one year | 40/41 | €1,645 | €2,529 | +€883 | +53.7% |
| Trade receivables | 40 | €0 | €598 | +€598 | |
| Other amounts receivable | 41 | €1,645 | €1,930 | +€285 | +17.3% |
| Cash at bank and in hand | 54/58 | €24,616 | €12,848 | -€11,768 | -47.8% |
| Deferred charges and accrued income | 490/1 | €4,281 | €2,708 | -€1,573 | -36.7% |
| Total equity and liabilities | 10/49 | €93,692 | €89,230 | -€4,462 | -4.8% |
| Equity | 10/15 | €25,107 | €11,766 | -€13,341 | -53.1% |
| Contributions | 10/11 | €6,785 | €6,785 | = | 0.0% |
| Reserves | 13 | €18,322 | €4,981 | -€13,341 | -72.8% |
| Distributable reserves | 133 | €18,322 | €4,981 | -€13,341 | -72.8% |
| Amounts payable | 17/49 | €68,585 | €77,464 | +€8,879 | +12.9% |
| Amounts payable after more than one year | 17 | €25,945 | €48,905 | +€22,961 | +88.5% |
| Financial debts | 170/4 | €25,945 | €32,369 | +€6,424 | +24.8% |
| Other amounts payable | 178/9 | - | €16,537 | +€16,537 | |
| Amounts payable within one year | 42/48 | €42,640 | €28,558 | -€14,082 | -33.0% |
| Current portion of amounts payable after more than one year | 42 | €10,619 | €14,742 | +€4,123 | +38.8% |
| Trade debts | 44 | €8,404 | €8,645 | +€240 | +2.9% |
| Suppliers | 440/4 | €8,404 | €8,645 | +€240 | +2.9% |
| Taxes, remuneration and social security | 45 | €6,984 | €5,171 | -€1,813 | -26.0% |
| Taxes | 450/3 | €4,263 | €3,981 | -€283 | -6.6% |
| Remuneration and social security | 454/9 | €2,721 | €1,191 | -€1,530 | -56.2% |
| Other amounts payable | 47/48 | €16,632 | €0 | -€16,632 | -100% |
| Remuneration, social security and pensions | 62 | €9,495 | €11,479 | +€1,984 | +20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,243 | €16,278 | +€6,035 | +58.9% |
| Other operating charges | 640/8 | €1,230 | €2,389 | +€1,159 | +94.2% |
| Non-recurring operating charges | 66A | - | €75 | +€75 | |
| Gross operating margin | 9900 | €59,087 | €23,349 | -€35,738 | -60.5% |
| Operating profit (loss) | 9901 | €38,118 | -€6,872 | -€44,990 | |
| Financial income | 75/76B | €402 | €375 | -€27 | -6.6% |
| Recurring financial income | 75 | €402 | €375 | -€27 | -6.6% |
| Financial charges | 65/66B | €19,302 | €6,504 | -€12,798 | -66.3% |
| Recurring financial charges | 65 | €19,302 | €6,504 | -€12,798 | -66.3% |
| Profit (loss) for the period before taxes | 9903 | €19,218 | -€13,000 | -€32,219 | |
| Income taxes | 67/77 | €3,962 | €341 | -€3,621 | -91.4% |
| Profit (loss) for the period | 9904 | €15,256 | -€13,341 | -€28,597 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,256 | -€13,341 | -€28,597 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.