HORECA EXPLOITATIE EUREKA: what changed
Two fiscal 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 EXPLOITATIE EUREKA
Largest movements
- Current assets +€4,871
up €4,871 (+4.0%), from €120,286 to €125,157
of which Stocks and contracts: +€14,000
- Debts within one year +€25,022
up €25,022 (+24.4%), from €102,761 to €127,783
of which Other debts: +€127,748
- Profit (loss) carried forward -€21,405
down €21,405, from €4,712 to -€16,693
- Gross operating margin -€42,645
down €42,645, from €41,445 to -€1,200
- Staff costs +€11,946
new in 2021: €11,946
- Taxes -€2,000
new in 2021: -€2,000
- Financial charges +€810
new in 2021: €810
- Depreciation -€785
down €785 (-66.9%), from €1,173 to €388
From the 2019 result to the 2021 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.
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2019 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €127,797 | €131,415 | +€3,618 | +2.8% |
| Fixed assets | 21/28 | €7,511 | €6,258 | -€1,253 | -16.7% |
| Tangible fixed assets | 22/27 | €7,310 | €6,258 | -€1,052 | -14.4% |
| Plant, machinery and equipment | 23 | - | €5,971 | +€5,971 | |
| Furniture and vehicles | 24 | - | €287 | +€287 | |
| Financial fixed assets | 28 | €200 | - | -€200 | |
| Current assets | 29/58 | €120,286 | €125,157 | +€4,871 | +4.0% |
| Stocks and contracts in progress | 3 | €20,400 | €34,400 | +€14,000 | +68.6% |
| Stocks | 30/36 | - | €20,400 | +€20,400 | |
| Contracts in progress | 37 | - | €14,000 | +€14,000 | |
| Amounts receivable within one year | 40/41 | €1,920 | €8,988 | +€7,068 | +368.1% |
| Trade receivables | 40 | - | €4,567 | +€4,567 | |
| Other amounts receivable | 41 | - | €4,421 | +€4,421 | |
| Cash at bank and in hand | 54/58 | €83,966 | €81,769 | -€2,197 | -2.6% |
| Total equity and liabilities | 10/49 | €127,797 | €131,415 | +€3,618 | +2.8% |
| Equity | 10/15 | €25,037 | €3,632 | -€21,405 | -85.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,725 | €1,725 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,725 | +€1,725 | |
| Reserves not available under the articles | 1311 | - | €1,725 | +€1,725 | |
| Profit (loss) carried forward | 14 | €4,712 | -€16,693 | -€21,405 | |
| Amounts payable | 17/49 | €102,761 | €127,783 | +€25,022 | +24.4% |
| Amounts payable within one year | 42/48 | €102,761 | €127,783 | +€25,022 | +24.4% |
| Trade debts | 44 | €17,988 | €35 | -€17,953 | -99.8% |
| Suppliers | 440/4 | - | €35 | +€35 | |
| Other amounts payable | 47/48 | - | €127,748 | +€127,748 | |
| Non-recurring operating income | 76A | - | €20,973 | +€20,973 | |
| Remuneration, social security and pensions | 62 | - | €11,946 | +€11,946 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,173 | €388 | -€785 | -66.9% |
| Other operating charges | 640/8 | - | €440 | +€440 | |
| Gross operating margin | 9900 | €41,445 | -€1,200 | -€42,645 | |
| Operating profit (loss) | 9901 | -€4,307 | -€13,974 | -€9,667 | -224.5% |
| Financial charges | 65/66B | - | €810 | +€810 | |
| Recurring financial charges | 65 | €1,372 | €810 | -€562 | -40.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,679 | -€14,784 | -€9,105 | -160.3% |
| Income taxes | 67/77 | - | -€2,000 | -€2,000 | |
| Profit (loss) for the period | 9904 | -€5,679 | -€12,784 | -€7,105 | -125.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,679 | -€12,784 | -€7,105 | -125.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.