LA BELLE: 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
LA BELLE
NACE 56.111, Full-service restaurants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€25,309
2024 · €8,972+€16,337
Equity
€48,197
2024 · €30,653+€17,545
Cash
€36,338
2024 · €35,461+€877
Balance sheet total
€292,499
2024 · €309,054-€16,554
Largest movements
Assets
- Tangible fixed assets -€27,146
down €27,146 (-11.4%), from €237,329 to €210,183
of which Land and buildings: -€20,329
- Stocks and contracts +€12,261
up €12,261 (+52.3%), from €23,456 to €35,718
Equity and liabilities
- Debts after one year -€26,886
down €26,886 (-19.0%), from €141,313 to €114,427
- Reserves +€17,545
up €17,545 (+71.8%), from €24,453 to €41,997
- Trade debts -€11,990
down €11,990 (-29.5%), from €40,605 to €28,614
- Short-term financial debts +€9,217
up €9,217, from €0 to €9,217
- Advances received -€8,591
down €8,591 (-27.7%), from €31,033 to €22,442
Income statement
- Staff costs -€13,183
down €13,183 (-4.1%), from €323,952 to €310,769
- Taxes +€9,190
up €9,190 (+142%), from €6,478 to €15,667
- Gross operating margin +€7,507
up €7,507 (+1.9%), from €392,299 to €399,806
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
€8,972
Gross operating margin
+€7,507
Staff costs
+€13,183
Depreciation
+€3,965
Other operating charges
-€281
Financial income
-€665
Financial charges
+€1,818
Taxes
-€9,190
Result 2025
€25,309
raises the resultlowers the result
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
+€35,734
Investment
-€5,577
Financing
-€29,281
Cash 2024
€35,461
From operations (derived)
+€35,734
Net result for the year
+€25,309
Depreciation
+€32,723
Stocks and contracts
-€12,261
Receivables within one year
+€507
Deferred charges and accrued income
+€2,039
Trade debts
-€11,990
Tax, wage and social debts
+€4,376
Advances received
-€8,591
Other debts
+€5,122
Accrued charges and deferred income
-€1,500
Investment (derived)
-€5,577
Investment in fixed assets (net)
-€5,577
Financing
-€29,281
Debts after one year
-€26,886
Current portion of long-term debt
-€3,847
Short-term financial debts
+€9,217
Contributions, distributions and other
-€7,765
Cash 2025
€36,338
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €309,054 | €292,499 | -€16,554 | -5.4% |
| Fixed assets | 21/28 | €238,829 | €211,683 | -€27,146 | -11.4% |
| Tangible fixed assets | 22/27 | €237,329 | €210,183 | -€27,146 | -11.4% |
| Land and buildings | 22 | €188,587 | €168,258 | -€20,329 | -10.8% |
| Plant, machinery and equipment | 23 | €46,604 | €40,625 | -€5,979 | -12.8% |
| Furniture and vehicles | 24 | €2,139 | €1,300 | -€839 | -39.2% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €70,224 | €80,817 | +€10,592 | +15.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €23,456 | €35,718 | +€12,261 | +52.3% |
| Stocks | 30/36 | €23,456 | €35,718 | +€12,261 | +52.3% |
| Amounts receivable within one year | 40/41 | €6,291 | €5,784 | -€507 | -8.1% |
| Trade receivables | 40 | €4,728 | €4,233 | -€496 | -10.5% |
| Other amounts receivable | 41 | €1,563 | €1,552 | -€11 | -0.7% |
| Cash at bank and in hand | 54/58 | €35,461 | €36,338 | +€877 | +2.5% |
| Deferred charges and accrued income | 490/1 | €5,016 | €2,977 | -€2,039 | -40.7% |
| Total equity and liabilities | 10/49 | €309,054 | €292,499 | -€16,554 | -5.4% |
| Equity | 10/15 | €30,653 | €48,197 | +€17,545 | +57.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €24,453 | €41,997 | +€17,545 | +71.8% |
| Distributable reserves | 133 | €24,453 | €41,997 | +€17,545 | +71.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €278,401 | €244,302 | -€34,099 | -12.2% |
| Amounts payable after more than one year | 17 | €141,313 | €114,427 | -€26,886 | -19.0% |
| Financial debts | 170/4 | €141,313 | €114,427 | -€26,886 | -19.0% |
| Amounts payable within one year | 42/48 | €135,588 | €129,875 | -€5,713 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €30,733 | €26,886 | -€3,847 | -12.5% |
| Financial debts | 43 | €0 | €9,217 | +€9,217 | |
| Credit institutions | 430/8 | €0 | €9,217 | +€9,217 | |
| Trade debts | 44 | €40,605 | €28,614 | -€11,990 | -29.5% |
| Suppliers | 440/4 | €40,605 | €28,614 | -€11,990 | -29.5% |
| Advances received on contracts in progress | 46 | €31,033 | €22,442 | -€8,591 | -27.7% |
| Taxes, remuneration and social security | 45 | €30,574 | €34,950 | +€4,376 | +14.3% |
| Taxes | 450/3 | €15,308 | €21,007 | +€5,699 | +37.2% |
| Remuneration and social security | 454/9 | €15,266 | €13,943 | -€1,323 | -8.7% |
| Other amounts payable | 47/48 | €2,643 | €7,765 | +€5,122 | +194% |
| Accrued charges and deferred income | 492/3 | €1,500 | €0 | -€1,500 | -100% |
| Remuneration, social security and pensions | 62 | €323,952 | €310,769 | -€13,183 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,688 | €32,723 | -€3,965 | -10.8% |
| Other operating charges | 640/8 | €6,219 | €6,500 | +€281 | +4.5% |
| Gross operating margin | 9900 | €392,299 | €399,806 | +€7,507 | +1.9% |
| Operating profit (loss) | 9901 | €25,440 | €49,813 | +€24,374 | +95.8% |
| Financial income | 75/76B | €1,084 | €419 | -€665 | -61.3% |
| Recurring financial income | 75 | €1,084 | €419 | -€665 | -61.3% |
| Financial charges | 65/66B | €11,074 | €9,256 | -€1,818 | -16.4% |
| Recurring financial charges | 65 | €11,074 | €9,256 | -€1,818 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €15,450 | €40,977 | +€25,527 | +165% |
| Income taxes | 67/77 | €6,478 | €15,667 | +€9,190 | +142% |
| Profit (loss) for the period | 9904 | €8,972 | €25,309 | +€16,337 | +182% |
| Profit (loss) for the period to be appropriated | 9905 | €8,972 | €25,309 | +€16,337 | +182% |
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 22 October 2026 via checked.be.