Great vzw: what changed
What changed
Great vzw
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
€19,101
2024 · €95,884-€76,784
Equity
€289,725
2024 · €270,624+€19,101
Cash
€269,873
2024 · €165,077+€104,797
Balance sheet total
€489,239
2024 · €388,379+€100,860
Largest movements
Assets
- Cash +€104,797
up €104,797 (+63.5%), from €165,077 to €269,873
mainly Debts within one year (+€81,232) and Net result for the year (+€19,101)
- Tangible fixed assets -€7,821
down €7,821 (-31.2%), from €25,068 to €17,246
of which Furniture and vehicles: -€7,284
Equity and liabilities
- Debts within one year +€81,232
up €81,232 (+82.0%), from €99,072 to €180,304
of which Trade debts: +€66,303
- Profit (loss) carried forward +€19,101
up €19,101 (+9.5%), from €200,120 to €219,221
- Accrued charges and deferred income +€5,517
new in 2025: €5,517
- Debts after one year -€4,989
down €4,989 (-26.7%), from €18,684 to €13,694
Income statement
- Gross operating margin -€73,913
down €73,913 (-10.8%), from €685,397 to €611,484
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
€95,884
Gross operating margin
-€73,913
Staff costs
-€3,646
Depreciation
-€1,712
Other operating charges
-€284
Other operating items
-€30
Financial income
-€76
Financial charges
+€2,877
Result 2025
€19,101
raises the resultlowers the resultnot broken down further in the accounts
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
+€109,786
Investment
€0
Financing
-€4,989
Cash 2024
€165,077
From operations (derived)
+€109,786
Net result for the year
+€19,101
Depreciation
+€7,821
Stocks and contracts
-€228
Receivables within one year
-€2,602
Deferred charges and accrued income
-€1,055
Debts within one year
+€81,232
Accrued charges and deferred income
+€5,517
Financing
-€4,989
Debts after one year
-€4,989
Cash 2025
€269,873
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €388,379 | €489,239 | +€100,860 | +26.0% |
| Fixed assets | 21/28 | €25,068 | €17,246 | -€7,821 | -31.2% |
| Tangible fixed assets | 22/27 | €25,068 | €17,246 | -€7,821 | -31.2% |
| Plant, machinery and equipment | 23 | €1,503 | €966 | -€537 | -35.7% |
| Furniture and vehicles | 24 | €23,565 | €16,280 | -€7,284 | -30.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €363,312 | €471,993 | +€108,682 | +29.9% |
| Stocks and contracts in progress | 3 | €8,122 | €8,350 | +€228 | +2.8% |
| Stocks | 30/36 | €8,122 | €8,350 | +€228 | +2.8% |
| Amounts receivable within one year | 40/41 | €189,519 | €192,121 | +€2,602 | +1.4% |
| Trade receivables | 40 | €158,184 | €159,553 | +€1,368 | +0.9% |
| Other amounts receivable | 41 | €31,335 | €32,568 | +€1,233 | +3.9% |
| Cash at bank and in hand | 54/58 | €165,077 | €269,873 | +€104,797 | +63.5% |
| Deferred charges and accrued income | 490/1 | €594 | €1,649 | +€1,055 | +178% |
| Total equity and liabilities | 10/49 | €388,379 | €489,239 | +€100,860 | +26.0% |
| Equity | 10/15 | €270,624 | €289,725 | +€19,101 | +7.1% |
| Reserves | 13 | €70,504 | €70,504 | = | 0.0% |
| Profit (loss) carried forward | 14 | €200,120 | €219,221 | +€19,101 | +9.5% |
| Amounts payable | 17/49 | €117,755 | €199,515 | +€81,760 | +69.4% |
| Amounts payable after more than one year | 17 | €18,684 | €13,694 | -€4,989 | -26.7% |
| Financial debts | 170/4 | €18,684 | €13,694 | -€4,989 | -26.7% |
| Amounts payable within one year | 42/48 | €99,072 | €180,304 | +€81,232 | +82.0% |
| Current portion of amounts payable after more than one year | 42 | €4,709 | €4,989 | +€281 | +6.0% |
| Trade debts | 44 | €37,629 | €103,933 | +€66,303 | +176% |
| Suppliers | 440/4 | €37,629 | €103,933 | +€66,303 | +176% |
| Taxes, remuneration and social security | 45 | €51,072 | €60,239 | +€9,167 | +17.9% |
| Remuneration and social security | 454/9 | €51,072 | €60,239 | +€9,167 | +17.9% |
| Accrued charges and deferred income | 492/3 | - | €5,517 | +€5,517 | |
| Non-recurring operating income | 76A | €103 | €303 | +€200 | +194% |
| Remuneration, social security and pensions | 62 | €575,357 | €579,003 | +€3,646 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,109 | €7,821 | +€1,712 | +28.0% |
| Other operating charges | 640/8 | €79 | €362 | +€284 | +359% |
| Non-recurring operating charges | 66A | €0 | €30 | +€30 | |
| Gross operating margin | 9900 | €685,397 | €611,484 | -€73,913 | -10.8% |
| Operating profit (loss) | 9901 | €103,852 | €24,267 | -€79,585 | -76.6% |
| Financial income | 75/76B | €251 | €175 | -€76 | -30.3% |
| Recurring financial income | 75 | €251 | €175 | -€76 | -30.3% |
| Financial charges | 65/66B | €8,218 | €5,341 | -€2,877 | -35.0% |
| Recurring financial charges | 65 | €8,218 | €5,341 | -€2,877 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | €95,884 | €19,101 | -€76,784 | -80.1% |
| Profit (loss) for the period | 9904 | €95,884 | €19,101 | -€76,784 | -80.1% |
| Profit (loss) for the period to be appropriated | 9905 | €95,884 | €19,101 | -€76,784 | -80.1% |
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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.