HORECA SERVICES: 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 SERVICES
Largest movements
- Cash -€3,569
down €3,569 (-51.7%), from €6,908 to €3,339
mainly Investment in fixed assets (net) (-€2,057) and Receivables within one year (-€830)
- Tangible fixed assets +€1,373
up €1,373 (+117.4%), from €1,170 to €2,543
- Receivables within one year +€830
up €830 (+8.3%), from €9,965 to €10,795
of which Trade receivables: +€872
- Tax, wage and social debts -€780
down €780 (-43.1%), from €1,808 to €1,028
- Trade debts -€680
down €680 (-31.1%), from €2,186 to €1,506
- Reserves +€417
up €417 (+3.0%), from €14,037 to €14,454
- Financial charges -€714
down €714 (-31.6%), from €2,258 to €1,544
- Depreciation +€631
up €631 (+1203.1%), from €52 to €684
- Gross operating margin -€261
down €261 (-6.1%), from €4,289 to €4,028
- Taxes -€174
down €174 (-25.3%), from €687 to €513
- Other operating charges -€129
down €129 (-12.9%), from €999 to €870
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,840 | €23,705 | -€1,135 | -4.6% |
| Fixed assets | 21/28 | €1,170 | €2,543 | +€1,373 | +117.4% |
| Tangible fixed assets | 22/27 | €1,170 | €2,543 | +€1,373 | +117.4% |
| Furniture and vehicles | 24 | €1,170 | €2,543 | +€1,373 | +117.4% |
| Current assets | 29/58 | €23,670 | €21,161 | -€2,508 | -10.6% |
| Amounts receivable within one year | 40/41 | €9,965 | €10,795 | +€830 | +8.3% |
| Trade receivables | 40 | €9,923 | €10,795 | +€872 | +8.8% |
| Other amounts receivable | 41 | €42 | €0 | -€42 | -100.0% |
| Cash at bank and in hand | 54/58 | €6,908 | €3,339 | -€3,569 | -51.7% |
| Deferred charges and accrued income | 490/1 | €6,797 | €7,027 | +€230 | +3.4% |
| Total equity and liabilities | 10/49 | €24,840 | €23,705 | -€1,135 | -4.6% |
| Equity | 10/15 | €17,037 | €17,454 | +€417 | +2.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €14,037 | €14,454 | +€417 | +3.0% |
| Distributable reserves | 133 | €14,037 | €14,454 | +€417 | +3.0% |
| Amounts payable | 17/49 | €7,803 | €6,251 | -€1,552 | -19.9% |
| Amounts payable within one year | 42/48 | €7,803 | €6,251 | -€1,552 | -19.9% |
| Trade debts | 44 | €2,186 | €1,506 | -€680 | -31.1% |
| Suppliers | 440/4 | €2,186 | €1,506 | -€680 | -31.1% |
| Taxes, remuneration and social security | 45 | €1,808 | €1,028 | -€780 | -43.1% |
| Taxes | 450/3 | €1,808 | €1,028 | -€780 | -43.1% |
| Other amounts payable | 47/48 | €3,809 | €3,717 | -€92 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52 | €684 | +€631 | +1203.1% |
| Other operating charges | 640/8 | €999 | €870 | -€129 | -12.9% |
| Gross operating margin | 9900 | €4,289 | €4,028 | -€261 | -6.1% |
| Operating profit (loss) | 9901 | €3,237 | €2,474 | -€763 | -23.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -92.9% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -92.9% |
| Financial charges | 65/66B | €2,258 | €1,544 | -€714 | -31.6% |
| Recurring financial charges | 65 | €2,258 | €1,544 | -€714 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €979 | €930 | -€49 | -5.0% |
| Income taxes | 67/77 | €687 | €513 | -€174 | -25.3% |
| Profit (loss) for the period | 9904 | €292 | €417 | +€125 | +42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €292 | €417 | +€125 | +42.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.