INSIEME MIF: what changed
What changed
INSIEME MIF
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
€5,275
2024 · €29,073-€23,798
Equity
€86,207
2024 · €87,668-€1,460
Cash
€58,034
2024 · €68,471-€10,436
Balance sheet total
€295,018
2024 · €310,014-€14,996
Largest movements
Assets
- Cash -€10,436
down €10,436 (-15.2%), from €68,471 to €58,034
mainly Investment in fixed assets (net) (-€9,881) and Stocks and contracts (-€9,654)
- Stocks and contracts +€9,654
up €9,654 (+5.0%), from €192,733 to €202,387
- Deferred charges and accrued income -€7,397
down €7,397 (-100%), from €7,397 to €0
- Tangible fixed assets -€6,685
down €6,685 (-26.6%), from €25,094 to €18,409
Equity and liabilities
- Tax, wage and social debts +€9,402
up €9,402 (+9.5%), from €98,489 to €107,891
of which Remuneration and social security: +€8,235
- Other debts -€7,816
down €7,816 (-47.4%), from €16,473 to €8,657
- Debts after one year -€6,394
down €6,394 (-62.3%), from €10,261 to €3,868
- Current portion of long-term debt -€4,779
down €4,779 (-42.8%), from €11,173 to €6,394
- Trade debts -€4,237
down €4,237 (-4.9%), from €85,951 to €81,714
Income statement
- Staff costs +€62,003
up €62,003 (+16.2%), from €382,082 to €444,085
- Gross operating margin +€27,623
up €27,623 (+6.0%), from €456,969 to €484,592
- Taxes -€7,377
down €7,377 (-67.7%), from €10,889 to €3,512
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
€29,073
Gross operating margin
+€27,623
Staff costs
-€62,003
Depreciation
+€3,468
Other operating charges
+€22
Other operating items
-€1
Financial income
-€143
Financial charges
-€141
Taxes
+€7,377
Result 2025
€5,275
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
+€17,353
Investment
-€9,881
Financing
-€17,908
Cash 2024
€68,471
From operations (derived)
+€17,353
Net result for the year
+€5,275
Depreciation
+€16,566
Stocks and contracts
-€9,654
Receivables within one year
+€132
Deferred charges and accrued income
+€7,397
Trade debts
-€4,237
Tax, wage and social debts
+€9,402
Other debts
-€7,816
Accrued charges and deferred income
+€289
Investment (derived)
-€9,881
Investment in fixed assets (net)
-€9,881
Financing
-€17,908
Debts after one year
-€6,394
Current portion of long-term debt
-€4,779
Contributions, distributions and other
-€6,735
Cash 2025
€58,034
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €310,014 | €295,018 | -€14,996 | -4.8% |
| Fixed assets | 21/28 | €25,094 | €18,409 | -€6,685 | -26.6% |
| Tangible fixed assets | 22/27 | €25,094 | €18,409 | -€6,685 | -26.6% |
| Furniture and vehicles | 24 | €25,094 | €18,409 | -€6,685 | -26.6% |
| Current assets | 29/58 | €284,920 | €276,609 | -€8,311 | -2.9% |
| Stocks and contracts in progress | 3 | €192,733 | €202,387 | +€9,654 | +5.0% |
| Stocks | 30/36 | €192,733 | €202,387 | +€9,654 | +5.0% |
| Amounts receivable within one year | 40/41 | €16,319 | €16,188 | -€132 | -0.8% |
| Trade receivables | 40 | €20 | €1,051 | +€1,031 | +5,067% |
| Other amounts receivable | 41 | €16,299 | €15,137 | -€1,162 | -7.1% |
| Cash at bank and in hand | 54/58 | €68,471 | €58,034 | -€10,436 | -15.2% |
| Deferred charges and accrued income | 490/1 | €7,397 | €0 | -€7,397 | -100% |
| Total equity and liabilities | 10/49 | €310,014 | €295,018 | -€14,996 | -4.8% |
| Equity | 10/15 | €87,668 | €86,207 | -€1,460 | -1.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,668 | €64,207 | -€1,460 | -2.2% |
| Amounts payable | 17/49 | €222,347 | €208,811 | -€13,536 | -6.1% |
| Amounts payable after more than one year | 17 | €10,261 | €3,868 | -€6,394 | -62.3% |
| Financial debts | 170/4 | €10,261 | €3,868 | -€6,394 | -62.3% |
| Amounts payable within one year | 42/48 | €212,085 | €204,655 | -€7,431 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €11,173 | €6,394 | -€4,779 | -42.8% |
| Trade debts | 44 | €85,951 | €81,714 | -€4,237 | -4.9% |
| Suppliers | 440/4 | €85,951 | €81,714 | -€4,237 | -4.9% |
| Taxes, remuneration and social security | 45 | €98,489 | €107,891 | +€9,402 | +9.5% |
| Taxes | 450/3 | €12,176 | €13,344 | +€1,167 | +9.6% |
| Remuneration and social security | 454/9 | €86,312 | €94,547 | +€8,235 | +9.5% |
| Other amounts payable | 47/48 | €16,473 | €8,657 | -€7,816 | -47.4% |
| Accrued charges and deferred income | 492/3 | - | €289 | +€289 | |
| Remuneration, social security and pensions | 62 | €382,082 | €444,085 | +€62,003 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,034 | €16,566 | -€3,468 | -17.3% |
| Other operating charges | 640/8 | €2,006 | €1,984 | -€22 | -1.1% |
| Non-recurring operating charges | 66A | - | €1 | +€1 | |
| Gross operating margin | 9900 | €456,969 | €484,592 | +€27,623 | +6.0% |
| Operating profit (loss) | 9901 | €52,848 | €21,956 | -€30,891 | -58.5% |
| Financial income | 75/76B | €143 | €0 | -€143 | -100% |
| Recurring financial income | 75 | €143 | €0 | -€143 | -100% |
| Financial charges | 65/66B | €13,029 | €13,170 | +€141 | +1.1% |
| Recurring financial charges | 65 | €13,029 | €13,170 | +€141 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €39,962 | €8,787 | -€31,175 | -78.0% |
| Income taxes | 67/77 | €10,889 | €3,512 | -€7,377 | -67.7% |
| Profit (loss) for the period | 9904 | €29,073 | €5,275 | -€23,798 | -81.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,073 | €5,275 | -€23,798 | -81.9% |
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 2 November 2026 via checked.be.