HET WAGENHUIS: 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
HET WAGENHUIS
NACE 56.111, Full-service restaurants
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€6,314
2023 · €7,236-€13,550
Equity
€205,703
2023 · €212,018-€6,314
Cash
€42,987
2023 · €49,203-€6,216
Balance sheet total
€820,452
2023 · €786,272+€34,180
Largest movements
Assets
- Receivables within one year +€47,535
up €47,535 (+8.3%), from €571,397 to €618,932
of which Other amounts receivable: +€78,213
Equity and liabilities
- Trade debts +€37,009
up €37,009 (+15.9%), from €232,507 to €269,516
- Debts after one year -€36,440
down €36,440 (-17.0%), from €214,810 to €178,370
- Other debts +€22,705
new in 2024: €22,705
- Current portion of long-term debt +€9,760
up €9,760 (+18.8%), from €51,913 to €61,674
Income statement
- Staff costs +€52,036
up €52,036 (+7.5%), from €690,260 to €742,296
- Gross operating margin +€43,456
up €43,456 (+5.7%), from €760,691 to €804,148
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.
Result 2023
€7,236
Gross operating margin
+€43,456
Staff costs
-€52,036
Depreciation
+€1,903
Other operating charges
-€4,718
Financial income
+€252
Financial charges
-€1,281
Taxes
-€1,126
Result 2024
-€6,314
raises the resultlowers the result
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.
From operations
+€54,526
Investment
-€34,062
Financing
-€26,680
Cash 2023
€49,203
From operations (derived)
+€54,526
Net result for the year
-€6,314
Depreciation
+€40,827
Stocks and contracts
-€1,413
Receivables within one year
-€47,535
Deferred charges and accrued income
+€1,787
Trade debts
+€37,009
Tax, wage and social debts
+€7,460
Other debts
+€22,705
Investment (derived)
-€34,062
Investment in fixed assets (net)
-€34,062
Financing
-€26,680
Debts after one year
-€36,440
Current portion of long-term debt
+€9,760
Cash 2024
€42,987
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €786,272 | €820,452 | +€34,180 | +4.3% |
| Fixed assets | 21/28 | €128,407 | €121,642 | -€6,765 | -5.3% |
| Tangible fixed assets | 22/27 | €126,674 | €119,909 | -€6,765 | -5.3% |
| Plant, machinery and equipment | 23 | €19,584 | €37,041 | +€17,458 | +89.1% |
| Furniture and vehicles | 24 | €107,090 | €82,867 | -€24,223 | -22.6% |
| Financial fixed assets | 28 | €1,733 | €1,733 | = | 0.0% |
| Current assets | 29/58 | €657,864 | €698,810 | +€40,945 | +6.2% |
| Stocks and contracts in progress | 3 | €34,935 | €36,348 | +€1,413 | +4.0% |
| Stocks | 30/36 | €34,935 | €36,348 | +€1,413 | +4.0% |
| Amounts receivable within one year | 40/41 | €571,397 | €618,932 | +€47,535 | +8.3% |
| Trade receivables | 40 | €147,293 | €116,615 | -€30,678 | -20.8% |
| Other amounts receivable | 41 | €424,104 | €502,317 | +€78,213 | +18.4% |
| Cash at bank and in hand | 54/58 | €49,203 | €42,987 | -€6,216 | -12.6% |
| Deferred charges and accrued income | 490/1 | €2,329 | €543 | -€1,787 | -76.7% |
| Total equity and liabilities | 10/49 | €786,272 | €820,452 | +€34,180 | +4.3% |
| Equity | 10/15 | €212,018 | €205,703 | -€6,314 | -3.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €205,818 | €199,503 | -€6,314 | -3.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €271 | €271 | = | 0.0% |
| Distributable reserves | 133 | €203,687 | €197,372 | -€6,314 | -3.1% |
| Amounts payable | 17/49 | €574,254 | €614,748 | +€40,494 | +7.1% |
| Amounts payable after more than one year | 17 | €214,810 | €178,370 | -€36,440 | -17.0% |
| Financial debts | 170/4 | €214,810 | €178,370 | -€36,440 | -17.0% |
| Amounts payable within one year | 42/48 | €359,444 | €436,379 | +€76,935 | +21.4% |
| Current portion of amounts payable after more than one year | 42 | €51,913 | €61,674 | +€9,760 | +18.8% |
| Trade debts | 44 | €232,507 | €269,516 | +€37,009 | +15.9% |
| Suppliers | 440/4 | €232,507 | €269,516 | +€37,009 | +15.9% |
| Taxes, remuneration and social security | 45 | €75,024 | €82,484 | +€7,460 | +9.9% |
| Taxes | 450/3 | €48,765 | €55,091 | +€6,326 | +13.0% |
| Remuneration and social security | 454/9 | €26,259 | €27,393 | +€1,134 | +4.3% |
| Other amounts payable | 47/48 | - | €22,705 | +€22,705 | |
| Remuneration, social security and pensions | 62 | €690,260 | €742,296 | +€52,036 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,730 | €40,827 | -€1,903 | -4.5% |
| Other operating charges | 640/8 | €2,715 | €7,434 | +€4,718 | +174% |
| Gross operating margin | 9900 | €760,691 | €804,148 | +€43,456 | +5.7% |
| Operating profit (loss) | 9901 | €24,986 | €13,591 | -€11,395 | -45.6% |
| Financial income | 75/76B | €6,650 | €6,902 | +€252 | +3.8% |
| Recurring financial income | 75 | €6,650 | €6,902 | +€252 | +3.8% |
| Financial charges | 65/66B | €17,614 | €18,894 | +€1,281 | +7.3% |
| Recurring financial charges | 65 | €17,614 | €18,894 | +€1,281 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €14,022 | €1,598 | -€12,424 | -88.6% |
| Income taxes | 67/77 | €6,786 | €7,912 | +€1,126 | +16.6% |
| Profit (loss) for the period | 9904 | €7,236 | -€6,314 | -€13,550 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,236 | -€6,314 | -€13,550 |
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.