HorecaNID: 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.
HorecaNID
Largest movements
- Tangible fixed assets -€208,137
down €208,137 (-42.6%), from €488,825 to €280,688
of which Furniture and vehicles: -€126,081
- Receivables within one year +€42,005
up €42,005 (+55.5%), from €75,706 to €117,711
of which Other amounts receivable: +€86,685
- Intangible fixed assets +€17,936
up €17,936 (+581.4%), from €3,085 to €21,021
- Cash -€13,971
no longer reported in 2025 (was €13,971)
mainly Debts after one year (-€171,798) and Trade debts (-€170,504)
- Stocks and contracts -€12,107
down €12,107 (-33.5%), from €36,107 to €24,000
- Debts after one year -€171,798
down €171,798 (-76.6%), from €224,188 to €52,391
- Trade debts -€170,504
down €170,504 (-70.1%), from €243,088 to €72,584
- Profit (loss) carried forward +€156,098
up €156,098 (+85.4%), from -€182,745 to -€26,647
- Current portion of long-term debt +€30,882
up €30,882 (+24.8%), from €124,729 to €155,611
- Tax, wage and social debts -€22,863
down €22,863 (-17.2%), from €132,682 to €109,819
of which Taxes: -€22,866
- Staff costs -€106,620
down €106,620 (-14.1%), from €758,016 to €651,397
- Gross operating margin -€87,329
down €87,329 (-8.3%), from €1.1m to €964,950
- Depreciation -€27,524
down €27,524 (-22.6%), from €122,057 to €94,533
- Other operating charges +€25,950
up €25,950 (+438.6%), from €5,916 to €31,866
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.
Cash bridge derived
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 | €619,482 | €445,208 | -€174,274 | -28.1% |
| Fixed assets | 21/28 | €493,698 | €303,497 | -€190,201 | -38.5% |
| Intangible fixed assets | 21 | €3,085 | €21,021 | +€17,936 | +581.4% |
| Tangible fixed assets | 22/27 | €488,825 | €280,688 | -€208,137 | -42.6% |
| Land and buildings | 22 | €45,172 | €38,739 | -€6,433 | -14.2% |
| Plant, machinery and equipment | 23 | €90,758 | €19,321 | -€71,437 | -78.7% |
| Furniture and vehicles | 24 | €343,363 | €217,282 | -€126,081 | -36.7% |
| Leasing and similar rights | 25 | €9,532 | €5,345 | -€4,187 | -43.9% |
| Financial fixed assets | 28 | €1,788 | €1,788 | = | 0.0% |
| Current assets | 29/58 | €125,784 | €141,711 | +€15,927 | +12.7% |
| Stocks and contracts in progress | 3 | €36,107 | €24,000 | -€12,107 | -33.5% |
| Stocks | 30/36 | €36,107 | €24,000 | -€12,107 | -33.5% |
| Amounts receivable within one year | 40/41 | €75,706 | €117,711 | +€42,005 | +55.5% |
| Trade receivables | 40 | €75,705 | €31,025 | -€44,680 | -59.0% |
| Other amounts receivable | 41 | €1 | €86,687 | +€86,685 | +7223784.2% |
| Cash at bank and in hand | 54/58 | €13,971 | - | -€13,971 | |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €619,482 | €445,208 | -€174,274 | -28.1% |
| Equity | 10/15 | -€122,745 | €33,353 | +€156,098 | |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€182,745 | -€26,647 | +€156,098 | +85.4% |
| Amounts payable | 17/49 | €742,228 | €411,855 | -€330,372 | -44.5% |
| Amounts payable after more than one year | 17 | €224,188 | €52,391 | -€171,798 | -76.6% |
| Financial debts | 170/4 | €224,188 | €52,391 | -€171,798 | -76.6% |
| Amounts payable within one year | 42/48 | €503,375 | €350,154 | -€153,221 | -30.4% |
| Current portion of amounts payable after more than one year | 42 | €124,729 | €155,611 | +€30,882 | +24.8% |
| Financial debts | 43 | - | €10,007 | +€10,007 | |
| Credit institutions | 430/8 | - | €10,007 | +€10,007 | |
| Trade debts | 44 | €243,088 | €72,584 | -€170,504 | -70.1% |
| Suppliers | 440/4 | €243,088 | €72,584 | -€170,504 | -70.1% |
| Advances received on contracts in progress | 46 | €1,431 | €455 | -€976 | -68.2% |
| Taxes, remuneration and social security | 45 | €132,682 | €109,819 | -€22,863 | -17.2% |
| Taxes | 450/3 | €32,445 | €9,579 | -€22,866 | -70.5% |
| Remuneration and social security | 454/9 | €100,238 | €100,241 | +€3 | 0.0% |
| Other amounts payable | 47/48 | €1,445 | €1,678 | +€233 | +16.1% |
| Accrued charges and deferred income | 492/3 | €14,664 | €9,311 | -€5,354 | -36.5% |
| Remuneration, social security and pensions | 62 | €758,016 | €651,397 | -€106,620 | -14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122,057 | €94,533 | -€27,524 | -22.6% |
| Other operating charges | 640/8 | €5,916 | €31,866 | +€25,950 | +438.6% |
| Gross operating margin | 9900 | €1,052,279 | €964,950 | -€87,329 | -8.3% |
| Operating profit (loss) | 9901 | €166,290 | €187,155 | +€20,865 | +12.5% |
| Financial income | 75/76B | €154 | €201 | +€47 | +30.4% |
| Recurring financial income | 75 | €154 | €201 | +€47 | +30.4% |
| Financial charges | 65/66B | €35,341 | €27,309 | -€8,032 | -22.7% |
| Recurring financial charges | 65 | €35,341 | €27,309 | -€8,032 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €131,103 | €160,047 | +€28,944 | +22.1% |
| Income taxes | 67/77 | €320 | €3,949 | +€3,629 | +1135.5% |
| Profit (loss) for the period | 9904 | €130,784 | €156,098 | +€25,314 | +19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €130,784 | €156,098 | +€25,314 | +19.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.