FUTURE: 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.
What changed
FUTURE
NACE 56.111, Full-service restaurants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€23,791
2024 · €16,742+€7,049
Equity
€83,888
2024 · €85,429-€1,541
Cash
€20,826
2024 · €27,196-€6,370
Balance sheet total
€472,254
2024 · €492,256-€20,002
Largest movements
Assets
- Tangible fixed assets -€12,067
down €12,067 (-2.7%), from €453,840 to €441,772
of which Land and buildings: -€11,433
- Cash -€6,370
down €6,370 (-23.4%), from €27,196 to €20,826
mainly Debts after one year (-€29,543) and Contributions, distributions and other (-€25,332)
Equity and liabilities
- Debts after one year -€29,543
down €29,543 (-8.6%), from €345,311 to €315,768
- Other debts +€10,905
up €10,905 (+48.7%), from €22,369 to €33,273
Income statement
- Staff costs -€9,625
down €9,625, from €9,332 to -€293
- Taxes +€2,168
up €2,168 (+27.4%), from €7,899 to €10,067
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
€16,742
Gross operating margin
-€318
Staff costs
+€9,625
Depreciation
+€456
Other operating charges
-€151
Financial income
-€535
Financial charges
+€140
Taxes
-€2,168
Result 2025
€23,791
raises the resultlowers the result
Derived cash bridge
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
+€48,476
Investment
-€1,136
Financing
-€53,711
Cash 2024
€27,196
From operations (derived)
+€48,476
Net result for the year
+€23,791
Depreciation
+€14,203
Stocks and contracts
+€268
Receivables within one year
-€205
Deferred charges and accrued income
+€501
Trade debts
-€2,582
Tax, wage and social debts
+€1,448
Other debts
+€10,905
Accrued charges and deferred income
+€147
Investment (derived)
-€1,136
Investment in fixed assets (net)
-€1,136
Financing
-€53,711
Debts after one year
-€29,543
Current portion of long-term debt
+€352
Short-term financial debts
+€812
Contributions, distributions and other
-€25,332
Cash 2025
€20,826
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €492,256 | €472,254 | -€20,002 | -4.1% |
| Fixed assets | 21/28 | €455,088 | €442,021 | -€13,067 | -2.9% |
| Intangible fixed assets | 21 | €1,249 | €249 | -€1,000 | -80.1% |
| Tangible fixed assets | 22/27 | €453,840 | €441,772 | -€12,067 | -2.7% |
| Land and buildings | 22 | €451,847 | €440,414 | -€11,433 | -2.5% |
| Plant, machinery and equipment | 23 | €1,277 | €1,070 | -€207 | -16.2% |
| Furniture and vehicles | 24 | €716 | €289 | -€427 | -59.6% |
| Current assets | 29/58 | €37,168 | €30,233 | -€6,934 | -18.7% |
| Stocks and contracts in progress | 3 | €6,080 | €5,812 | -€268 | -4.4% |
| Stocks | 30/36 | €6,080 | €5,812 | -€268 | -4.4% |
| Amounts receivable within one year | 40/41 | €2,715 | €2,920 | +€205 | +7.5% |
| Trade receivables | 40 | €2,577 | €2,883 | +€306 | +11.9% |
| Other amounts receivable | 41 | €138 | €38 | -€101 | -72.7% |
| Cash at bank and in hand | 54/58 | €27,196 | €20,826 | -€6,370 | -23.4% |
| Deferred charges and accrued income | 490/1 | €1,176 | €675 | -€501 | -42.6% |
| Total equity and liabilities | 10/49 | €492,256 | €472,254 | -€20,002 | -4.1% |
| Equity | 10/15 | €85,429 | €83,888 | -€1,541 | -1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €66,829 | €65,288 | -€1,541 | -2.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €64,969 | €63,428 | -€1,541 | -2.4% |
| Amounts payable | 17/49 | €406,827 | €388,366 | -€18,461 | -4.5% |
| Amounts payable after more than one year | 17 | €345,311 | €315,768 | -€29,543 | -8.6% |
| Financial debts | 170/4 | €345,311 | €315,768 | -€29,543 | -8.6% |
| Amounts payable within one year | 42/48 | €61,516 | €72,451 | +€10,935 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | €29,190 | €29,543 | +€352 | +1.2% |
| Financial debts | 43 | €1,855 | €2,667 | +€812 | +43.8% |
| Credit institutions | 430/8 | €1,855 | €2,667 | +€812 | +43.8% |
| Trade debts | 44 | €5,908 | €3,326 | -€2,582 | -43.7% |
| Suppliers | 440/4 | €5,908 | €3,326 | -€2,582 | -43.7% |
| Taxes, remuneration and social security | 45 | €2,194 | €3,642 | +€1,448 | +66.0% |
| Taxes | 450/3 | €1,646 | €3,638 | +€1,992 | +121% |
| Remuneration and social security | 454/9 | €548 | €4 | -€545 | -99.3% |
| Other amounts payable | 47/48 | €22,369 | €33,273 | +€10,905 | +48.7% |
| Accrued charges and deferred income | 492/3 | - | €147 | +€147 | |
| Remuneration, social security and pensions | 62 | €9,332 | -€293 | -€9,625 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,659 | €14,203 | -€456 | -3.1% |
| Other operating charges | 640/8 | €3,623 | €3,774 | +€151 | +4.2% |
| Gross operating margin | 9900 | €57,981 | €57,663 | -€318 | -0.5% |
| Operating profit (loss) | 9901 | €30,367 | €39,979 | +€9,612 | +31.7% |
| Financial income | 75/76B | €666 | €131 | -€535 | -80.4% |
| Recurring financial income | 75 | €666 | €131 | -€535 | -80.4% |
| Financial charges | 65/66B | €6,392 | €6,252 | -€140 | -2.2% |
| Recurring financial charges | 65 | €6,392 | €6,252 | -€140 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €24,640 | €33,858 | +€9,217 | +37.4% |
| Income taxes | 67/77 | €7,899 | €10,067 | +€2,168 | +27.4% |
| Profit (loss) for the period | 9904 | €16,742 | €23,791 | +€7,049 | +42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,742 | €23,791 | +€7,049 | +42.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.