IL RICORDO: what changed
What changed
IL RICORDO
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
€621,547
2024 · €17,339+€604,208
Equity
€692,072
2024 · €70,525+€621,547
Cash
€317,660
2024 · €8,210+€309,450
Balance sheet total
€999,113
2024 · €190,114+€808,998
Largest movements
Assets
- Receivables after one year +€450,000
up €450,000 (+1,000%), from €45,000 to €495,000
- Cash +€309,450
up €309,450 (+3,769%), from €8,210 to €317,660
mainly Net result for the year (+€621,547) and Tax, wage and social debts (+€111,011)
- Receivables within one year +€39,862
up €39,862 (+224%), from €17,802 to €57,664
of which Other amounts receivable: +€40,172
Equity and liabilities
- Reserves +€620,000
new in 2025: €620,000
- Tax, wage and social debts +€111,011
up €111,011 (+304%), from €36,502 to €147,513
of which Taxes: +€87,437
- Debts after one year +€65,479
new in 2025: €65,479
- Other debts +€42,834
up €42,834 (+5,144%), from €833 to €43,667
- Trade debts -€30,158
down €30,158 (-54.5%), from €55,372 to €25,215
Income statement
- Gross operating margin +€1.0m
up €1.0m (+603%), from €166,757 to €1.2m
- Taxes +€288,891
up €288,891 (+5,217%), from €5,537 to €294,428
- Staff costs +€91,731
up €91,731 (+70.5%), from €130,101 to €221,832
- Depreciation +€14,332
up €14,332 (+451%), from €3,178 to €17,510
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€17,339
Gross operating margin
+€1.0m
Staff costs
-€91,731
Depreciation
-€14,332
Other operating charges
-€31
Other operating items
-€1,919
Financial income
-€244
Financial charges
-€3,661
Taxes
-€288,891
Result 2025
€621,547
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€274,363
Investment
-€25,311
Financing
+€60,398
Cash 2024
€8,210
From operations (derived)
+€274,363
Net result for the year
+€621,547
Depreciation
+€17,510
Receivables after one year
-€450,000
Receivables within one year
-€39,862
Deferred charges and accrued income
-€1,886
Trade debts
-€30,158
Tax, wage and social debts
+€111,011
Advances received
-€1,502
Other debts
+€42,834
Accrued charges and deferred income
+€4,868
Investment (derived)
-€25,311
Investment in fixed assets (net)
-€25,311
Financing
+€60,398
Debts after one year
+€65,479
Current portion of long-term debt
+€17,475
Short-term financial debts
-€22,556
Cash 2025
€317,660
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €190,114 | €999,113 | +€808,998 | +426% |
| Fixed assets | 21/28 | €104,898 | €112,698 | +€7,800 | +7.4% |
| Intangible fixed assets | 21 | €391 | €300 | -€91 | -23.3% |
| Tangible fixed assets | 22/27 | €104,012 | €111,903 | +€7,891 | +7.6% |
| Land and buildings | 22 | €101,247 | €0 | -€101,247 | -100% |
| Plant, machinery and equipment | 23 | €846 | €24,914 | +€24,068 | +2,844% |
| Furniture and vehicles | 24 | €1,919 | €86,990 | +€85,071 | +4,434% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €495 | €495 | = | 0.0% |
| Current assets | 29/58 | €85,216 | €886,414 | +€801,198 | +940% |
| Amounts receivable after more than one year | 29 | €45,000 | €495,000 | +€450,000 | +1,000% |
| Other amounts receivable | 291 | €45,000 | €495,000 | +€450,000 | +1,000% |
| Stocks and contracts in progress | 3 | €9,785 | €9,785 | = | 0.0% |
| Stocks | 30/36 | €9,785 | €9,785 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,802 | €57,664 | +€39,862 | +224% |
| Trade receivables | 40 | €310 | €0 | -€310 | -100% |
| Other amounts receivable | 41 | €17,492 | €57,664 | +€40,172 | +230% |
| Cash at bank and in hand | 54/58 | €8,210 | €317,660 | +€309,450 | +3,769% |
| Deferred charges and accrued income | 490/1 | €4,420 | €6,306 | +€1,886 | +42.7% |
| Total equity and liabilities | 10/49 | €190,114 | €999,113 | +€808,998 | +426% |
| Equity | 10/15 | €70,525 | €692,072 | +€621,547 | +881% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | - | €620,000 | +€620,000 | |
| Distributable reserves | 133 | - | €620,000 | +€620,000 | |
| Profit (loss) carried forward | 14 | €51,933 | €53,480 | +€1,547 | +3.0% |
| Amounts payable | 17/49 | €119,589 | €307,040 | +€187,451 | +157% |
| Amounts payable after more than one year | 17 | - | €65,479 | +€65,479 | |
| Financial debts | 170/4 | - | €65,479 | +€65,479 | |
| Amounts payable within one year | 42/48 | €118,953 | €236,058 | +€117,105 | +98.4% |
| Current portion of amounts payable after more than one year | 42 | €2,189 | €19,663 | +€17,475 | +798% |
| Financial debts | 43 | €22,556 | €0 | -€22,556 | -100% |
| Credit institutions | 430/8 | €22,556 | €0 | -€22,556 | -100% |
| Trade debts | 44 | €55,372 | €25,215 | -€30,158 | -54.5% |
| Suppliers | 440/4 | €55,372 | €25,215 | -€30,158 | -54.5% |
| Advances received on contracts in progress | 46 | €1,502 | €0 | -€1,502 | -100% |
| Taxes, remuneration and social security | 45 | €36,502 | €147,513 | +€111,011 | +304% |
| Taxes | 450/3 | €15,137 | €102,574 | +€87,437 | +578% |
| Remuneration and social security | 454/9 | €21,365 | €44,939 | +€23,574 | +110% |
| Other amounts payable | 47/48 | €833 | €43,667 | +€42,834 | +5,144% |
| Accrued charges and deferred income | 492/3 | €636 | €5,504 | +€4,868 | +765% |
| Non-recurring operating income | 76A | - | €797,906 | +€797,906 | |
| Remuneration, social security and pensions | 62 | €130,101 | €221,832 | +€91,731 | +70.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,178 | €17,510 | +€14,332 | +451% |
| Other operating charges | 640/8 | €3,599 | €3,630 | +€31 | +0.9% |
| Non-recurring operating charges | 66A | - | €1,919 | +€1,919 | |
| Gross operating margin | 9900 | €166,757 | €1,171,774 | +€1.0m | +603% |
| Operating profit (loss) | 9901 | €29,878 | €926,883 | +€897,005 | +3,002% |
| Financial income | 75/76B | €1,233 | €989 | -€244 | -19.8% |
| Recurring financial income | 75 | €1,233 | €989 | -€244 | -19.8% |
| Financial charges | 65/66B | €8,235 | €11,896 | +€3,661 | +44.5% |
| Recurring financial charges | 65 | €8,235 | €11,896 | +€3,661 | +44.5% |
| Profit (loss) for the period before taxes | 9903 | €22,876 | €915,975 | +€893,099 | +3,904% |
| Income taxes | 67/77 | €5,537 | €294,428 | +€288,891 | +5,217% |
| Profit (loss) for the period | 9904 | €17,339 | €621,547 | +€604,208 | +3,485% |
| Profit (loss) for the period to be appropriated | 9905 | €17,339 | €621,547 | +€604,208 | +3,485% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.