La Traverse: 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 Traverse
NACE 56.111, Full-service restaurants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€28,737
2024 · €11,223+€17,514
Equity
€120,449
2024 · €91,712+€28,737
Cash
€10,088
2024 · €13,594-€3,506
Balance sheet total
€719,540
2024 · €771,323-€51,783
Largest movements
Assets
- Tangible fixed assets -€88,715
down €88,715 (-12.1%), from €730,778 to €642,063
- Deferred charges and accrued income +€43,317
up €43,317 (+2,797%), from €1,549 to €44,865
Equity and liabilities
- Debts after one year -€66,345
down €66,345 (-15.9%), from €418,375 to €352,030
- Reserves +€28,737
up €28,737 (+88.7%), from €32,412 to €61,149
Income statement
- Gross operating margin -€33,591
down €33,591 (-9.4%), from €358,837 to €325,247
- Staff costs -€29,980
down €29,980 (-12.4%), from €240,818 to €210,838
- Depreciation -€20,348
down €20,348 (-24.9%), from €81,679 to €61,331
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
€11,223
Gross operating margin
-€33,591
Staff costs
+€29,980
Depreciation
+€20,348
Other operating charges
+€976
Financial income
+€330
Financial charges
-€529
Result 2025
€28,737
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
+€40,209
Investment
+€27,384
Financing
-€71,100
Cash 2024
€13,594
From operations (derived)
+€40,209
Net result for the year
+€28,737
Depreciation
+€61,331
Stocks and contracts
+€1,465
Receivables within one year
+€1,413
Deferred charges and accrued income
-€43,317
Trade debts
-€6,021
Tax, wage and social debts
-€5,039
Advances received
+€1,443
Other debts
-€2,540
Accrued charges and deferred income
+€2,737
Investment (derived)
+€27,384
Investment in fixed assets (net)
+€27,384
Financing
-€71,100
Debts after one year
-€66,345
Current portion of long-term debt
-€4,755
Cash 2025
€10,088
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €771,323 | €719,540 | -€51,783 | -6.7% |
| Fixed assets | 21/28 | €733,522 | €644,807 | -€88,715 | -12.1% |
| Tangible fixed assets | 22/27 | €730,778 | €642,063 | -€88,715 | -12.1% |
| Land and buildings | 22 | €631,541 | €592,464 | -€39,077 | -6.2% |
| Plant, machinery and equipment | 23 | €38,832 | €25,915 | -€12,917 | -33.3% |
| Furniture and vehicles | 24 | €60,406 | €23,684 | -€36,722 | -60.8% |
| Financial fixed assets | 28 | €2,744 | €2,744 | = | 0.0% |
| Current assets | 29/58 | €37,801 | €74,733 | +€36,932 | +97.7% |
| Stocks and contracts in progress | 3 | €18,641 | €17,176 | -€1,465 | -7.9% |
| Stocks | 30/36 | €18,641 | €17,176 | -€1,465 | -7.9% |
| Amounts receivable within one year | 40/41 | €4,017 | €2,604 | -€1,413 | -35.2% |
| Trade receivables | 40 | €4,017 | €2,326 | -€1,691 | -42.1% |
| Other amounts receivable | 41 | €0 | €278 | +€278 | |
| Cash at bank and in hand | 54/58 | €13,594 | €10,088 | -€3,506 | -25.8% |
| Deferred charges and accrued income | 490/1 | €1,549 | €44,865 | +€43,317 | +2,797% |
| Total equity and liabilities | 10/49 | €771,323 | €719,540 | -€51,783 | -6.7% |
| Equity | 10/15 | €91,712 | €120,449 | +€28,737 | +31.3% |
| Contributions | 10/11 | €59,300 | €59,300 | = | 0.0% |
| Reserves | 13 | €32,412 | €61,149 | +€28,737 | +88.7% |
| Distributable reserves | 133 | €32,412 | €61,149 | +€28,737 | +88.7% |
| Amounts payable | 17/49 | €679,611 | €599,091 | -€80,520 | -11.8% |
| Amounts payable after more than one year | 17 | €418,375 | €352,030 | -€66,345 | -15.9% |
| Financial debts | 170/4 | €418,375 | €352,030 | -€66,345 | -15.9% |
| Amounts payable within one year | 42/48 | €259,981 | €243,069 | -€16,912 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €84,261 | €79,506 | -€4,755 | -5.6% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €68,665 | €62,644 | -€6,021 | -8.8% |
| Suppliers | 440/4 | €68,665 | €62,644 | -€6,021 | -8.8% |
| Advances received on contracts in progress | 46 | €6,076 | €7,519 | +€1,443 | +23.8% |
| Taxes, remuneration and social security | 45 | €47,402 | €42,363 | -€5,039 | -10.6% |
| Taxes | 450/3 | €19,119 | €13,951 | -€5,168 | -27.0% |
| Remuneration and social security | 454/9 | €28,284 | €28,412 | +€129 | +0.5% |
| Other amounts payable | 47/48 | €53,577 | €51,038 | -€2,540 | -4.7% |
| Accrued charges and deferred income | 492/3 | €1,256 | €3,992 | +€2,737 | +218% |
| Non-recurring operating income | 76A | €2,015 | €9,806 | +€7,791 | +387% |
| Remuneration, social security and pensions | 62 | €240,818 | €210,838 | -€29,980 | -12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,679 | €61,331 | -€20,348 | -24.9% |
| Other operating charges | 640/8 | €4,834 | €3,858 | -€976 | -20.2% |
| Gross operating margin | 9900 | €358,837 | €325,247 | -€33,591 | -9.4% |
| Operating profit (loss) | 9901 | €31,507 | €49,219 | +€17,713 | +56.2% |
| Financial income | 75/76B | €1 | €332 | +€330 | +31,471% |
| Recurring financial income | 75 | €1 | €332 | +€330 | +31,471% |
| Financial charges | 65/66B | €20,285 | €20,814 | +€529 | +2.6% |
| Recurring financial charges | 65 | €20,285 | €20,814 | +€529 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €11,223 | €28,737 | +€17,514 | +156% |
| Profit (loss) for the period | 9904 | €11,223 | €28,737 | +€17,514 | +156% |
| Profit (loss) for the period to be appropriated | 9905 | €11,223 | €28,737 | +€17,514 | +156% |
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 17 October 2026 via checked.be.