Houdan: 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.
What changed
Houdan
NACE 56.112, Limited-service restaurants, excluding mobile food services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€99,114
2024 · €101,829-€2,715
Equity
€336,000
2024 · €408,579-€72,579
Cash
€74,752
2024 · €82,717-€7,965
Balance sheet total
€1.9m
2024 · €1.9m+€4,249
Largest movements
Assets
- Financial fixed assets +€178,274
up €178,274 (+33.3%), from €535,237 to €713,511
- Tangible fixed assets -€140,467
down €140,467 (-12.5%), from €1.1m to €983,084
of which Other tangible fixed assets: -€80,796
Equity and liabilities
- Other debts +€170,942
new in 2025: €170,942
- Debts after one year -€111,628
down €111,628 (-13.9%), from €805,524 to €693,895
- Profit (loss) carried forward -€96,737
down €96,737 (-100.0%), from €96,737 to €0
- Reserves +€24,909
up €24,909 (+489.2%), from €5,091 to €30,000
- Accrued charges and deferred income -€22,157
down €22,157 (-18.4%), from €120,139 to €97,982
Income statement
- Gross operating margin -€276,991
down €276,991 (-17.9%), from €1.5m to €1.3m
- Staff costs -€222,320
down €222,320 (-19.6%), from €1.1m to €913,878
- Depreciation -€26,415
down €26,415 (-13.8%), from €191,348 to €164,933
- Financial charges -€22,266
down €22,266 (-29.4%), from €75,824 to €53,558
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.
Result 2024
€101,829
Gross operating margin
-€276,991
Staff costs
+€222,320
Depreciation
+€26,415
Provisions
-€5,928
Other operating charges
+€7,869
Financial income
+€8,409
Financial charges
+€22,266
Taxes
-€7,074
Result 2025
€99,114
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.
From operations
+€449,828
Investment
-€188,758
Financing
-€269,035
Cash 2024
€82,717
From operations (derived)
+€449,828
Net result for the year
+€99,114
Depreciation
+€164,933
Stocks and contracts
+€3,020
Receivables within one year
+€5,532
Deferred charges and accrued income
+€3,058
Provisions
+€5,678
Trade debts
+€12,502
Tax, wage and social debts
+€7,205
Other debts
+€170,942
Accrued charges and deferred income
-€22,157
Investment (derived)
-€188,758
Investment in fixed assets (net)
-€188,758
Financing
-€269,035
Debts after one year
-€111,628
Current portion of long-term debt
+€6,884
Short-term financial debts
+€7,401
Contributions, distributions and other
-€171,692
Cash 2025
€74,752
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,886,552 | €1,890,801 | +€4,249 | +0.2% |
| Fixed assets | 21/28 | €1,754,037 | €1,777,862 | +€23,825 | +1.4% |
| Intangible fixed assets | 21 | €95,250 | €81,267 | -€13,982 | -14.7% |
| Tangible fixed assets | 22/27 | €1,123,551 | €983,084 | -€140,467 | -12.5% |
| Plant, machinery and equipment | 23 | €307,503 | €256,223 | -€51,280 | -16.7% |
| Furniture and vehicles | 24 | €105,411 | €97,020 | -€8,391 | -8.0% |
| Other tangible fixed assets | 26 | €710,636 | €629,841 | -€80,796 | -11.4% |
| Financial fixed assets | 28 | €535,237 | €713,511 | +€178,274 | +33.3% |
| Current assets | 29/58 | €132,515 | €112,939 | -€19,575 | -14.8% |
| Stocks and contracts in progress | 3 | €16,576 | €13,555 | -€3,020 | -18.2% |
| Stocks | 30/36 | €16,576 | €13,555 | -€3,020 | -18.2% |
| Amounts receivable within one year | 40/41 | €21,703 | €16,170 | -€5,532 | -25.5% |
| Trade receivables | 40 | €20,183 | €14,992 | -€5,192 | -25.7% |
| Other amounts receivable | 41 | €1,519 | €1,179 | -€341 | -22.4% |
| Cash at bank and in hand | 54/58 | €82,717 | €74,752 | -€7,965 | -9.6% |
| Deferred charges and accrued income | 490/1 | €11,520 | €8,462 | -€3,058 | -26.5% |
| Total equity and liabilities | 10/49 | €1,886,552 | €1,890,801 | +€4,249 | +0.2% |
| Equity | 10/15 | €408,579 | €336,000 | -€72,579 | -17.8% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €5,091 | €30,000 | +€24,909 | +489.2% |
| Non-distributable reserves | 130/1 | €5,091 | €30,000 | +€24,909 | +489.2% |
| Legal reserve | 130 | €5,091 | €30,000 | +€24,909 | +489.2% |
| Profit (loss) carried forward | 14 | €96,737 | €0 | -€96,737 | -100.0% |
| Investment grants | 15 | €6,750 | €6,000 | -€750 | -11.1% |
| Provisions and deferred taxes | 16 | €2,250 | €7,928 | +€5,678 | +252.4% |
| Provisions for liabilities and charges | 160/5 | - | €5,928 | +€5,928 | |
| Other liabilities and charges | 164/5 | - | €5,928 | +€5,928 | |
| Deferred taxes | 168 | €2,250 | €2,000 | -€250 | -11.1% |
| Amounts payable | 17/49 | €1,475,723 | €1,546,873 | +€71,150 | +4.8% |
| Amounts payable after more than one year | 17 | €805,524 | €693,895 | -€111,628 | -13.9% |
| Financial debts | 170/4 | €805,524 | €693,895 | -€111,628 | -13.9% |
| Amounts payable within one year | 42/48 | €550,061 | €754,996 | +€204,935 | +37.3% |
| Current portion of amounts payable after more than one year | 42 | €124,744 | €131,628 | +€6,884 | +5.5% |
| Financial debts | 43 | - | €7,401 | +€7,401 | |
| Credit institutions | 430/8 | - | €7,401 | +€7,401 | |
| Trade debts | 44 | €206,448 | €218,950 | +€12,502 | +6.1% |
| Suppliers | 440/4 | €206,448 | €218,950 | +€12,502 | +6.1% |
| Taxes, remuneration and social security | 45 | €218,869 | €226,074 | +€7,205 | +3.3% |
| Taxes | 450/3 | €95,467 | €121,937 | +€26,470 | +27.7% |
| Remuneration and social security | 454/9 | €123,401 | €104,137 | -€19,265 | -15.6% |
| Other amounts payable | 47/48 | - | €170,942 | +€170,942 | |
| Accrued charges and deferred income | 492/3 | €120,139 | €97,982 | -€22,157 | -18.4% |
| Remuneration, social security and pensions | 62 | €1,136,197 | €913,878 | -€222,320 | -19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €191,348 | €164,933 | -€26,415 | -13.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €5,928 | +€5,928 | |
| Other operating charges | 640/8 | €11,451 | €3,582 | -€7,869 | -68.7% |
| Gross operating margin | 9900 | €1,544,988 | €1,267,997 | -€276,991 | -17.9% |
| Operating profit (loss) | 9901 | €205,992 | €179,676 | -€26,316 | -12.8% |
| Financial income | 75/76B | €7,410 | €15,819 | +€8,409 | +113.5% |
| Recurring financial income | 75 | €7,410 | €15,819 | +€8,409 | +113.5% |
| Financial charges | 65/66B | €75,824 | €53,558 | -€22,266 | -29.4% |
| Recurring financial charges | 65 | €75,824 | €53,558 | -€22,266 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €137,579 | €141,937 | +€4,359 | +3.2% |
| Transfer from deferred taxes | 780 | €250 | €250 | = | 0.0% |
| Income taxes | 67/77 | €36,000 | €43,074 | +€7,074 | +19.6% |
| Profit (loss) for the period | 9904 | €101,829 | €99,114 | -€2,715 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €101,829 | €99,114 | -€2,715 | -2.7% |
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 29 September 2026 via checked.be.