LBC 1370: what changed
What changed
LBC 1370
NACE 56.112, Limited-service restaurants, excluding mobile food services
filed annual accounts (NBB)
Net result for the year
-€35,052
2023 · -€7,650-€27,402
Equity
-€93,130
2023 · -€58,078-€35,052
Cash
€8,812
2023 · €17,132-€8,321
Balance sheet total
€41,684
2023 · €66,495-€24,812
Largest movements
Assets
- Tangible fixed assets -€11,288
down €11,288 (-42.5%), from €26,547 to €15,260
- Cash -€8,321
down €8,321 (-48.6%), from €17,132 to €8,812
mainly Net result for the year (-€35,052) and Debts after one year (-€27,586)
- Deferred charges and accrued income -€3,053
no longer reported in 2024 (was €3,053)
- Receivables within one year -€1,220
down €1,220 (-11.8%), from €10,333 to €9,113
of which Trade receivables: -€1,801
- Stocks and contracts -€1,003
down €1,003 (-14.3%), from €6,998 to €5,994
Equity and liabilities
- Other debts +€37,576
up €37,576 (+64.2%), from €58,529 to €96,104
- Profit (loss) carried forward -€35,052
down €35,052 (-45.7%), from -€76,678 to -€111,730
- Debts after one year -€27,586
down €27,586 (-85.5%), from €32,263 to €4,678
Income statement
- Gross operating margin -€37,081
down €37,081 (-39.7%), from €93,310 to €56,229
- Staff costs -€2,501
down €2,501 (-3.1%), from €79,991 to €77,490
- Depreciation -€1,980
down €1,980 (-20.2%), from €9,811 to €7,831
Change in the result, 2023 to 2024
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 2023
-€7,650
Gross operating margin
-€37,081
Staff costs
+€2,501
Depreciation
+€1,980
Other operating charges
+€190
Other operating items
+€4,575
Financial income
-€1
Financial charges
+€433
Result 2024
-€35,052
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€15,811
Investment
+€3,384
Financing
-€27,515
Cash 2023
€17,132
From operations (derived)
+€15,811
Net result for the year
-€35,052
Depreciation
+€7,831
Stocks and contracts
+€1,003
Receivables within one year
+€1,220
Deferred charges and accrued income
+€3,053
Trade debts
-€60
Tax, wage and social debts
+€240
Other debts
+€37,576
Investment (derived)
+€3,384
Investment in fixed assets (net)
+€3,384
Financing
-€27,515
Debts after one year
-€27,586
Current portion of long-term debt
+€70
Cash 2024
€8,812
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,495 | €41,684 | -€24,812 | -37.3% |
| Fixed assets | 21/28 | €28,979 | €17,764 | -€11,215 | -38.7% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €26,547 | €15,260 | -€11,288 | -42.5% |
| Plant, machinery and equipment | 23 | €6,372 | €3,638 | -€2,733 | -42.9% |
| Furniture and vehicles | 24 | €8,242 | €4,233 | -€4,009 | -48.6% |
| Other tangible fixed assets | 26 | €11,934 | €7,388 | -€4,546 | -38.1% |
| Financial fixed assets | 28 | €2,432 | €2,504 | +€73 | +3.0% |
| Current assets | 29/58 | €37,517 | €23,920 | -€13,597 | -36.2% |
| Stocks and contracts in progress | 3 | €6,998 | €5,994 | -€1,003 | -14.3% |
| Stocks | 30/36 | €6,998 | €5,994 | -€1,003 | -14.3% |
| Amounts receivable within one year | 40/41 | €10,333 | €9,113 | -€1,220 | -11.8% |
| Trade receivables | 40 | €10,333 | €8,532 | -€1,801 | -17.4% |
| Other amounts receivable | 41 | - | €581 | +€581 | |
| Cash at bank and in hand | 54/58 | €17,132 | €8,812 | -€8,321 | -48.6% |
| Deferred charges and accrued income | 490/1 | €3,053 | - | -€3,053 | |
| Total equity and liabilities | 10/49 | €66,495 | €41,684 | -€24,812 | -37.3% |
| Equity | 10/15 | -€58,078 | -€93,130 | -€35,052 | -60.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,678 | -€111,730 | -€35,052 | -45.7% |
| Amounts payable | 17/49 | €124,574 | €134,814 | +€10,240 | +8.2% |
| Amounts payable after more than one year | 17 | €32,263 | €4,678 | -€27,586 | -85.5% |
| Financial debts | 170/4 | €32,263 | €4,678 | -€27,586 | -85.5% |
| Amounts payable within one year | 42/48 | €92,311 | €130,136 | +€37,826 | +41.0% |
| Current portion of amounts payable after more than one year | 42 | €8,561 | €8,631 | +€70 | +0.8% |
| Trade debts | 44 | €11,412 | €11,353 | -€60 | -0.5% |
| Suppliers | 440/4 | €11,412 | €11,353 | -€60 | -0.5% |
| Taxes, remuneration and social security | 45 | €13,808 | €14,048 | +€240 | +1.7% |
| Taxes | 450/3 | €3,058 | €36 | -€3,022 | -98.8% |
| Remuneration and social security | 454/9 | €10,750 | €14,012 | +€3,262 | +30.3% |
| Other amounts payable | 47/48 | €58,529 | €96,104 | +€37,576 | +64.2% |
| Non-recurring operating income | 76A | €0 | - | -€0 | |
| Remuneration, social security and pensions | 62 | €79,991 | €77,490 | -€2,501 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,811 | €7,831 | -€1,980 | -20.2% |
| Other operating charges | 640/8 | €1,113 | €923 | -€190 | -17.1% |
| Non-recurring operating charges | 66A | €8,032 | €3,457 | -€4,575 | -57.0% |
| Gross operating margin | 9900 | €93,310 | €56,229 | -€37,081 | -39.7% |
| Operating profit (loss) | 9901 | -€5,637 | -€33,471 | -€27,834 | -494% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,014 | €1,581 | -€433 | -21.5% |
| Recurring financial charges | 65 | €2,014 | €1,581 | -€433 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,650 | -€35,052 | -€27,402 | -358% |
| Profit (loss) for the period | 9904 | -€7,650 | -€35,052 | -€27,402 | -358% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,650 | -€35,052 | -€27,402 | -358% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.