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HORECA SOLUTIONS: 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

HORECA SOLUTIONS

BE 0465.643.352
NACE 46.820, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€1,449
2024 · -€3,034+€1,585
Equity
-€10,087
2024 · -€8,638-€1,449
Cash
-
not filed
Balance sheet total
-
not filed

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Profit (loss) carried forward -€1,449

      down €1,449 (-16.8%), from -€8,638 to -€10,087

    • Other debts +€1,449

      up €1,449 (+16.8%), from €8,638 to €10,087

    Income statement
    • Gross operating margin +€1,585

      up €1,585 (+52.2%), from -€3,034 to -€1,449

    From the 2024 result to the 2025 result

    effect on the 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 2024 -€3,034
    Gross operating margin +€1,585
    Result 2025 -€1,449
    raises the result

    Derived cash bridge

    cash 2024 to 2025

    Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.

    Every line side by side 13 lines
    Line Code 2024 2025 Change %
    Equity 10/15 -€8,638 -€10,087 -€1,449 -16.8%
    Profit (loss) carried forward 14 -€8,638 -€10,087 -€1,449 -16.8%
    Amounts payable 17/49 €8,638 €10,087 +€1,449 +16.8%
    Amounts payable within one year 42/48 €8,638 €10,087 +€1,449 +16.8%
    Taxes, remuneration and social security 45 €0 - =
    Taxes 450/3 €0 - =
    Other amounts payable 47/48 €8,638 €10,087 +€1,449 +16.8%
    Other operating charges 640/8 €0 - =
    Gross operating margin 9900 -€3,034 -€1,449 +€1,585 +52.2%
    Operating profit (loss) 9901 -€3,034 -€1,449 +€1,585 +52.2%
    Profit (loss) for the period before taxes 9903 -€3,034 -€1,449 +€1,585 +52.2%
    Profit (loss) for the period 9904 -€3,034 -€1,449 +€1,585 +52.2%
    Profit (loss) for the period to be appropriated 9905 -€3,034 -€1,449 +€1,585 +52.2%

    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 15 October 2026 via checked.be.