HORECA B&B: 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.
HORECA B&B
Largest movements
- Cash -€5,266
down €5,266 (-61.4%), from €8,579 to €3,313
mainly Net result for the year (-€35,995) and Debts after one year (-€4,138)
- Tangible fixed assets +€1,151
up €1,151 (+22.9%), from €5,037 to €6,188
of which Plant, machinery and equipment: +€2,131
- Tax, wage and social debts +€37,538
up €37,538 (+99.2%), from €37,831 to €75,370
of which Remuneration and social security: +€39,586
- Profit (loss) carried forward -€35,995
down €35,995, from €35,927 to -€68
- Debts after one year -€4,138
down €4,138 (-43.8%), from €9,458 to €5,320
- Other debts -€2,315
no longer reported in 2023 (was €2,315)
- Staff costs +€58,117
up €58,117 (+64.2%), from €90,563 to €148,679
- Taxes -€3,255
no longer reported in 2023 (was €3,255)
- Gross operating margin -€1,695
down €1,695 (-1.4%), from €119,883 to €118,189
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €114,096 | €110,092 | -€4,005 | -3.5% |
| Fixed assets | 21/28 | €5,037 | €6,188 | +€1,151 | +22.9% |
| Tangible fixed assets | 22/27 | €5,037 | €6,188 | +€1,151 | +22.9% |
| Plant, machinery and equipment | 23 | €2,904 | €5,035 | +€2,131 | +73.4% |
| Furniture and vehicles | 24 | €2,133 | €1,153 | -€979 | -45.9% |
| Current assets | 29/58 | €109,060 | €103,904 | -€5,156 | -4.7% |
| Stocks and contracts in progress | 3 | €23,345 | €23,345 | = | 0.0% |
| Stocks | 30/36 | €23,345 | €23,345 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €74,129 | €74,240 | +€110 | +0.1% |
| Trade receivables | 40 | €1,124 | €85 | -€1,039 | -92.4% |
| Other amounts receivable | 41 | €73,005 | €74,154 | +€1,149 | +1.6% |
| Current investments | 50/53 | €3,006 | €3,006 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,579 | €3,313 | -€5,266 | -61.4% |
| Total equity and liabilities | 10/49 | €114,096 | €110,092 | -€4,005 | -3.5% |
| Equity | 10/15 | €56,787 | €20,792 | -€35,995 | -63.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €10,860 | €10,860 | = | 0.0% |
| Distributable reserves | 133 | €10,860 | €10,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,927 | -€68 | -€35,995 | |
| Amounts payable | 17/49 | €57,309 | €89,300 | +€31,990 | +55.8% |
| Amounts payable after more than one year | 17 | €9,458 | €5,320 | -€4,138 | -43.8% |
| Financial debts | 170/4 | €9,458 | €5,320 | -€4,138 | -43.8% |
| Amounts payable within one year | 42/48 | €47,852 | €83,980 | +€36,128 | +75.5% |
| Current portion of amounts payable after more than one year | 42 | €4,036 | €4,138 | +€102 | +2.5% |
| Trade debts | 44 | €2,160 | €2,962 | +€803 | +37.2% |
| Suppliers | 440/4 | €2,160 | €2,962 | +€803 | +37.2% |
| Advances received on contracts in progress | 46 | €1,510 | €1,510 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €37,831 | €75,370 | +€37,538 | +99.2% |
| Taxes | 450/3 | €12,972 | €10,925 | -€2,047 | -15.8% |
| Remuneration and social security | 454/9 | €24,859 | €64,445 | +€39,586 | +159% |
| Other amounts payable | 47/48 | €2,315 | - | -€2,315 | |
| Remuneration, social security and pensions | 62 | €90,563 | €148,679 | +€58,117 | +64.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,139 | €2,193 | +€54 | +2.5% |
| Other operating charges | 640/8 | €1,353 | €1,726 | +€372 | +27.5% |
| Gross operating margin | 9900 | €119,883 | €118,189 | -€1,695 | -1.4% |
| Operating profit (loss) | 9901 | €25,828 | -€34,409 | -€60,237 | |
| Financial income | 75/76B | €685 | €1 | -€684 | -99.9% |
| Recurring financial income | 75 | €685 | €1 | -€684 | -99.9% |
| Financial charges | 65/66B | €1,772 | €1,587 | -€185 | -10.4% |
| Recurring financial charges | 65 | €1,772 | €1,587 | -€185 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €24,742 | -€35,995 | -€60,737 | |
| Income taxes | 67/77 | €3,255 | - | -€3,255 | |
| Profit (loss) for the period | 9904 | €21,487 | -€35,995 | -€57,482 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,487 | -€35,995 | -€57,482 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.