HORECA DEPANNAGE: 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 DEPANNAGE
Largest movements
- Cash +€96,887
up €96,887 (+241%), from €40,141 to €137,028
mainly Other debts (+€128,425) and Net result for the year (+€76,537)
- Tangible fixed assets -€21,607
down €21,607 (-13.5%), from €160,202 to €138,596
of which Land and buildings: -€19,391
- Stocks and contracts -€9,834
down €9,834 (-3.0%), from €330,465 to €320,631
- Reserves -€130,474
down €130,474 (-60.1%), from €216,976 to €86,502
of which Distributable reserves: -€130,474
- Other debts +€128,425
up €128,425 (+424%), from €30,305 to €158,730
- Profit (loss) carried forward +€76,537
up €76,537 (+27.6%), from €277,572 to €354,109
- Tax, wage and social debts +€21,289
up €21,289 (+24.2%), from €88,046 to €109,336
of which Remuneration and social security: +€11,935
- Trade debts -€13,958
down €13,958 (-11.9%), from €117,393 to €103,435
- Gross operating margin +€115,496
up €115,496 (+26.2%), from €441,287 to €556,783
- Write-downs +€23,978
up €23,978 (+615%), from €3,900 to €27,877
- Taxes +€13,472
up €13,472 (+187%), from €7,223 to €20,695
- Staff costs +€12,814
up €12,814 (+3.6%), from €353,678 to €366,492
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €850,743 | €918,361 | +€67,618 | +7.9% |
| Fixed assets | 21/28 | €160,202 | €138,596 | -€21,607 | -13.5% |
| Tangible fixed assets | 22/27 | €160,202 | €138,596 | -€21,607 | -13.5% |
| Land and buildings | 22 | €66,888 | €47,497 | -€19,391 | -29.0% |
| Plant, machinery and equipment | 23 | €33,079 | €26,296 | -€6,783 | -20.5% |
| Furniture and vehicles | 24 | €60,235 | €64,803 | +€4,568 | +7.6% |
| Current assets | 29/58 | €690,540 | €779,765 | +€89,225 | +12.9% |
| Stocks and contracts in progress | 3 | €330,465 | €320,631 | -€9,834 | -3.0% |
| Stocks | 30/36 | €330,465 | €320,631 | -€9,834 | -3.0% |
| Amounts receivable within one year | 40/41 | €312,768 | €314,925 | +€2,157 | +0.7% |
| Trade receivables | 40 | €303,589 | €302,803 | -€787 | -0.3% |
| Other amounts receivable | 41 | €9,178 | €12,122 | +€2,944 | +32.1% |
| Cash at bank and in hand | 54/58 | €40,141 | €137,028 | +€96,887 | +241% |
| Deferred charges and accrued income | 490/1 | €7,167 | €7,182 | +€15 | +0.2% |
| Total equity and liabilities | 10/49 | €850,743 | €918,361 | +€67,618 | +7.9% |
| Equity | 10/15 | €520,448 | €464,018 | -€56,430 | -10.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €216,976 | €86,502 | -€130,474 | -60.1% |
| Tax-exempt reserves | 132 | €30,627 | €30,627 | = | 0.0% |
| Distributable reserves | 133 | €186,349 | €55,875 | -€130,474 | -70.0% |
| Profit (loss) carried forward | 14 | €277,572 | €354,109 | +€76,537 | +27.6% |
| Investment grants | 15 | €7,300 | €4,807 | -€2,493 | -34.1% |
| Amounts payable | 17/49 | €330,294 | €454,342 | +€124,048 | +37.6% |
| Amounts payable after more than one year | 17 | €48,332 | €47,139 | -€1,193 | -2.5% |
| Financial debts | 170/4 | €48,332 | €47,139 | -€1,193 | -2.5% |
| Amounts payable within one year | 42/48 | €281,963 | €407,204 | +€125,241 | +44.4% |
| Current portion of amounts payable after more than one year | 42 | €35,218 | €35,703 | +€485 | +1.4% |
| Financial debts | 43 | €11,000 | €0 | -€11,000 | -100% |
| Credit institutions | 430/8 | €11,000 | €0 | -€11,000 | -100% |
| Trade debts | 44 | €117,393 | €103,435 | -€13,958 | -11.9% |
| Suppliers | 440/4 | €117,393 | €103,435 | -€13,958 | -11.9% |
| Taxes, remuneration and social security | 45 | €88,046 | €109,336 | +€21,289 | +24.2% |
| Taxes | 450/3 | €38,446 | €47,800 | +€9,354 | +24.3% |
| Remuneration and social security | 454/9 | €49,601 | €61,536 | +€11,935 | +24.1% |
| Other amounts payable | 47/48 | €30,305 | €158,730 | +€128,425 | +424% |
| Remuneration, social security and pensions | 62 | €353,678 | €366,492 | +€12,814 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,376 | €52,930 | +€1,554 | +3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,900 | €27,877 | +€23,978 | +615% |
| Other operating charges | 640/8 | €8,626 | €7,892 | -€734 | -8.5% |
| Gross operating margin | 9900 | €441,287 | €556,783 | +€115,496 | +26.2% |
| Operating profit (loss) | 9901 | €23,707 | €101,592 | +€77,885 | +329% |
| Financial income | 75/76B | €3,498 | €2,778 | -€720 | -20.6% |
| Recurring financial income | 75 | €3,498 | €2,778 | -€720 | -20.6% |
| Financial charges | 65/66B | €5,967 | €7,138 | +€1,171 | +19.6% |
| Recurring financial charges | 65 | €5,967 | €7,138 | +€1,171 | +19.6% |
| Profit (loss) for the period before taxes | 9903 | €21,238 | €97,232 | +€75,993 | +358% |
| Income taxes | 67/77 | €7,223 | €20,695 | +€13,472 | +187% |
| Profit (loss) for the period | 9904 | €14,015 | €76,537 | +€62,522 | +446% |
| Profit (loss) for the period to be appropriated | 9905 | €14,015 | €76,537 | +€62,522 | +446% |
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 26 October 2026 via checked.be.