IMBEL- WEST: 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
IMBEL- WEST
NACE 56.111, Full-service restaurants
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€54,563
2023 · -€12,228-€42,335
Equity
€153,816
2023 · €208,380-€54,563
Cash
€35,346
2023 · €48,108-€12,762
Balance sheet total
€329,749
2023 · €398,901-€69,152
Largest movements
Assets
- Tangible fixed assets -€57,467
down €57,467 (-17.3%), from €331,329 to €273,862
of which Furniture and vehicles: -€28,757
- Cash -€12,762
down €12,762 (-26.5%), from €48,108 to €35,346
mainly Net result for the year (-€54,563) and Debts after one year (-€21,033)
Equity and liabilities
- Profit (loss) carried forward -€54,563
down €54,563, from €23,921 to -€30,642
- Debts after one year -€21,033
down €21,033 (-22.2%), from €94,533 to €73,500
- Trade debts +€7,206
up €7,206 (+28.2%), from €25,590 to €32,797
Income statement
- Staff costs +€29,494
up €29,494 (+51.9%), from €56,839 to €86,333
- Depreciation +€13,340
up €13,340 (+28.1%), from €47,408 to €60,748
- Gross operating margin -€7,371
down €7,371 (-6.6%), from €112,165 to €104,794
- Financial charges -€1,395
down €1,395 (-16.6%), from €8,426 to €7,031
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.
Result 2023
-€12,228
Gross operating margin
-€7,371
Staff costs
-€29,494
Depreciation
-€13,340
Other operating charges
-€317
Other operating items
+€6,740
Financial income
+€53
Financial charges
+€1,395
Result 2024
-€54,563
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€10,930
Investment
-€3,281
Financing
-€20,411
Cash 2023
€48,108
From operations (derived)
+€10,930
Net result for the year
-€54,563
Depreciation
+€60,748
Stocks and contracts
+€1,949
Receivables within one year
+€350
Deferred charges and accrued income
-€3,376
Trade debts
+€7,206
Tax, wage and social debts
-€2,372
Other debts
+€835
Accrued charges and deferred income
+€152
Investment (derived)
-€3,281
Investment in fixed assets (net)
-€3,281
Financing
-€20,411
Debts after one year
-€21,033
Current portion of long-term debt
+€623
Cash 2024
€35,346
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €398,901 | €329,749 | -€69,152 | -17.3% |
| Fixed assets | 21/28 | €333,724 | €276,257 | -€57,467 | -17.2% |
| Tangible fixed assets | 22/27 | €331,329 | €273,862 | -€57,467 | -17.3% |
| Land and buildings | 22 | €123,170 | €118,530 | -€4,641 | -3.8% |
| Plant, machinery and equipment | 23 | €28,924 | €23,750 | -€5,174 | -17.9% |
| Furniture and vehicles | 24 | €91,023 | €62,265 | -€28,757 | -31.6% |
| Leasing and similar rights | 25 | €88,211 | €69,317 | -€18,894 | -21.4% |
| Financial fixed assets | 28 | €2,396 | €2,396 | = | 0.0% |
| Current assets | 29/58 | €65,177 | €53,492 | -€11,685 | -17.9% |
| Stocks and contracts in progress | 3 | €5,254 | €3,304 | -€1,949 | -37.1% |
| Stocks | 30/36 | €5,254 | €3,304 | -€1,949 | -37.1% |
| Amounts receivable within one year | 40/41 | €11,816 | €11,465 | -€350 | -3.0% |
| Trade receivables | 40 | €419 | €0 | -€419 | -100% |
| Other amounts receivable | 41 | €11,397 | €11,465 | +€69 | +0.6% |
| Cash at bank and in hand | 54/58 | €48,108 | €35,346 | -€12,762 | -26.5% |
| Deferred charges and accrued income | 490/1 | €0 | €3,376 | +€3,376 | |
| Total equity and liabilities | 10/49 | €398,901 | €329,749 | -€69,152 | -17.3% |
| Equity | 10/15 | €208,380 | €153,816 | -€54,563 | -26.2% |
| Contributions | 10/11 | €32,226 | €32,226 | = | 0.0% |
| Reserves | 13 | €152,232 | €152,232 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,223 | €3,223 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,223 | €3,223 | = | 0.0% |
| Distributable reserves | 133 | €149,010 | €149,010 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,921 | -€30,642 | -€54,563 | |
| Provisions and deferred taxes | 16 | €15,000 | €15,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €15,000 | €15,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable | 17/49 | €175,521 | €160,933 | -€14,589 | -8.3% |
| Amounts payable after more than one year | 17 | €94,533 | €73,500 | -€21,033 | -22.2% |
| Financial debts | 170/4 | €94,533 | €73,500 | -€21,033 | -22.2% |
| Amounts payable within one year | 42/48 | €77,742 | €84,034 | +€6,292 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €20,411 | €21,033 | +€623 | +3.1% |
| Trade debts | 44 | €25,590 | €32,797 | +€7,206 | +28.2% |
| Suppliers | 440/4 | €25,590 | €32,797 | +€7,206 | +28.2% |
| Taxes, remuneration and social security | 45 | €16,241 | €13,869 | -€2,372 | -14.6% |
| Taxes | 450/3 | €12,938 | €8,590 | -€4,348 | -33.6% |
| Remuneration and social security | 454/9 | €3,303 | €5,279 | +€1,976 | +59.8% |
| Other amounts payable | 47/48 | €15,500 | €16,335 | +€835 | +5.4% |
| Accrued charges and deferred income | 492/3 | €3,247 | €3,399 | +€152 | +4.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €56,839 | €86,333 | +€29,494 | +51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,408 | €60,748 | +€13,340 | +28.1% |
| Other operating charges | 640/8 | €4,996 | €5,313 | +€317 | +6.3% |
| Non-recurring operating charges | 66A | €6,740 | €0 | -€6,740 | -100% |
| Gross operating margin | 9900 | €112,165 | €104,794 | -€7,371 | -6.6% |
| Operating profit (loss) | 9901 | -€3,817 | -€47,600 | -€43,783 | -1,147% |
| Financial income | 75/76B | €15 | €68 | +€53 | +344% |
| Recurring financial income | 75 | €15 | €68 | +€53 | +344% |
| Financial charges | 65/66B | €8,426 | €7,031 | -€1,395 | -16.6% |
| Recurring financial charges | 65 | €8,426 | €7,031 | -€1,395 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,228 | -€54,563 | -€42,335 | -346% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€12,228 | -€54,563 | -€42,335 | -346% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,228 | -€54,563 | -€42,335 | -346% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.