INFURNA: 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
INFURNA
NACE 56.111, Full-service restaurants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€33,556
2024 · €91,642-€58,086
Equity
€478,071
2024 · €455,267+€22,804
Cash
€24,351
2024 · €20,316+€4,035
Balance sheet total
€1.5m
2024 · €1.4m+€89,281
Largest movements
Assets
- Tangible fixed assets +€157,780
up €157,780 (+16.8%), from €939,565 to €1.1m
of which Plant, machinery and equipment: +€369,262
- Current investments -€73,298
down €73,298 (-23.9%), from €306,339 to €233,041
- Intangible fixed assets -€21,435
down €21,435 (-25.5%), from €84,168 to €62,733
- Deferred charges and accrued income +€20,615
up €20,615 (+864%), from €2,385 to €23,000
Equity and liabilities
- Trade debts +€55,033
up €55,033 (+143%), from €38,571 to €93,604
- Reserves +€22,804
up €22,804 (+5.2%), from €436,667 to €459,471
- Debts after one year +€16,555
up €16,555 (+2.4%), from €675,885 to €692,440
- Current portion of long-term debt +€16,226
up €16,226 (+13.8%), from €117,891 to €134,116
- Short-term financial debts -€16,166
down €16,166 (-48.3%), from €33,456 to €17,290
Income statement
- Staff costs +€116,105
up €116,105 (+22.2%), from €521,833 to €637,937
- Gross operating margin +€67,476
up €67,476 (+8.8%), from €769,075 to €836,550
- Depreciation +€36,619
up €36,619 (+47.2%), from €77,648 to €114,267
- Taxes -€33,042
down €33,042 (-89.2%), from €37,026 to €3,984
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
€91,642
Gross operating margin
+€67,476
Staff costs
-€116,105
Depreciation
-€36,619
Other operating charges
-€3,546
Other operating items
-€78
Financial income
-€1,854
Financial charges
-€402
Taxes
+€33,042
Result 2025
€33,556
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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
+€175,486
Investment
-€177,313
Financing
+€5,862
Cash 2024
€20,316
From operations (derived)
+€175,486
Net result for the year
+€33,556
Depreciation
+€114,267
Stocks and contracts
+€490
Receivables within one year
-€2,074
Deferred charges and accrued income
-€20,615
Trade debts
+€55,033
Tax, wage and social debts
-€6,449
Other debts
-€1,575
Accrued charges and deferred income
+€2,853
Investment (derived)
-€177,313
Investment in fixed assets (net)
-€250,612
Current investments
+€73,298
Financing
+€5,862
Debts after one year
+€16,555
Current portion of long-term debt
+€16,226
Short-term financial debts
-€16,166
Contributions, distributions and other
-€10,752
Cash 2025
€24,351
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,382,341 | €1,471,621 | +€89,281 | +6.5% |
| Fixed assets | 21/28 | €1,023,733 | €1,160,077 | +€136,345 | +13.3% |
| Intangible fixed assets | 21 | €84,168 | €62,733 | -€21,435 | -25.5% |
| Tangible fixed assets | 22/27 | €939,565 | €1,097,344 | +€157,780 | +16.8% |
| Land and buildings | 22 | €609,262 | €589,083 | -€20,179 | -3.3% |
| Plant, machinery and equipment | 23 | €109,537 | €478,799 | +€369,262 | +337% |
| Furniture and vehicles | 24 | €29,059 | €29,462 | +€403 | +1.4% |
| Assets under construction and advance payments | 27 | €191,707 | - | -€191,707 | |
| Current assets | 29/58 | €358,608 | €311,544 | -€47,064 | -13.1% |
| Amounts receivable after more than one year | 29 | €1,800 | €1,800 | = | 0.0% |
| Other amounts receivable | 291 | €1,800 | €1,800 | = | 0.0% |
| Stocks and contracts in progress | 3 | €21,239 | €20,749 | -€490 | -2.3% |
| Stocks | 30/36 | €21,239 | €20,749 | -€490 | -2.3% |
| Amounts receivable within one year | 40/41 | €6,529 | €8,603 | +€2,074 | +31.8% |
| Trade receivables | 40 | €847 | €1,399 | +€552 | +65.2% |
| Other amounts receivable | 41 | €5,682 | €7,204 | +€1,522 | +26.8% |
| Current investments | 50/53 | €306,339 | €233,041 | -€73,298 | -23.9% |
| Cash at bank and in hand | 54/58 | €20,316 | €24,351 | +€4,035 | +19.9% |
| Deferred charges and accrued income | 490/1 | €2,385 | €23,000 | +€20,615 | +864% |
| Total equity and liabilities | 10/49 | €1,382,341 | €1,471,621 | +€89,281 | +6.5% |
| Equity | 10/15 | €455,267 | €478,071 | +€22,804 | +5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €436,667 | €459,471 | +€22,804 | +5.2% |
| Distributable reserves | 133 | €436,667 | €459,471 | +€22,804 | +5.2% |
| Amounts payable | 17/49 | €927,073 | €993,550 | +€66,477 | +7.2% |
| Amounts payable after more than one year | 17 | €675,885 | €692,440 | +€16,555 | +2.4% |
| Financial debts | 170/4 | €675,885 | €692,440 | +€16,555 | +2.4% |
| Amounts payable within one year | 42/48 | €248,960 | €296,028 | +€47,068 | +18.9% |
| Current portion of amounts payable after more than one year | 42 | €117,891 | €134,116 | +€16,226 | +13.8% |
| Financial debts | 43 | €33,456 | €17,290 | -€16,166 | -48.3% |
| Credit institutions | 430/8 | €33,456 | €17,290 | -€16,166 | -48.3% |
| Trade debts | 44 | €38,571 | €93,604 | +€55,033 | +143% |
| Suppliers | 440/4 | €38,571 | €93,604 | +€55,033 | +143% |
| Taxes, remuneration and social security | 45 | €46,715 | €40,266 | -€6,449 | -13.8% |
| Taxes | 450/3 | €13,154 | €155 | -€12,998 | -98.8% |
| Remuneration and social security | 454/9 | €33,562 | €40,111 | +€6,549 | +19.5% |
| Other amounts payable | 47/48 | €12,327 | €10,752 | -€1,575 | -12.8% |
| Accrued charges and deferred income | 492/3 | €2,229 | €5,082 | +€2,853 | +128% |
| Non-recurring operating income | 76A | €40 | - | -€40 | |
| Remuneration, social security and pensions | 62 | €521,833 | €637,937 | +€116,105 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,648 | €114,267 | +€36,619 | +47.2% |
| Other operating charges | 640/8 | €12,558 | €16,104 | +€3,546 | +28.2% |
| Non-recurring operating charges | 66A | €10 | €88 | +€78 | +784% |
| Gross operating margin | 9900 | €769,075 | €836,550 | +€67,476 | +8.8% |
| Operating profit (loss) | 9901 | €157,026 | €68,154 | -€88,872 | -56.6% |
| Financial income | 75/76B | €3,424 | €1,569 | -€1,854 | -54.2% |
| Recurring financial income | 75 | €3,424 | €1,569 | -€1,854 | -54.2% |
| Financial charges | 65/66B | €31,781 | €32,183 | +€402 | +1.3% |
| Recurring financial charges | 65 | €31,385 | €32,183 | +€799 | +2.5% |
| Non-recurring financial charges | 66B | €396 | - | -€396 | |
| Profit (loss) for the period before taxes | 9903 | €128,668 | €37,540 | -€91,129 | -70.8% |
| Income taxes | 67/77 | €37,026 | €3,984 | -€33,042 | -89.2% |
| Profit (loss) for the period | 9904 | €91,642 | €33,556 | -€58,086 | -63.4% |
| Profit (loss) for the period to be appropriated | 9905 | €91,642 | €33,556 | -€58,086 | -63.4% |
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 13 October 2026 via checked.be.