LE GRECO Ets Stavroulakis: what changed
What changed
LE GRECO Ets Stavroulakis
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
€30,550
2024 · €11,637+€18,913
Equity
€50,276
2024 · €19,726+€30,550
Cash
€19,928
2024 · €11,456+€8,472
Balance sheet total
€112,605
2024 · €60,192+€52,413
Largest movements
Assets
- Receivables within one year +€51,498
new in 2025: €51,498
- Cash +€8,472
up €8,472 (+74.0%), from €11,456 to €19,928
mainly Net result for the year (+€30,550) and Current portion of long-term debt (+€21,024)
- Deferred charges and accrued income -€5,050
down €5,050 (-31.8%), from €15,899 to €10,849
- Tangible fixed assets -€1,505
down €1,505 (-6.2%), from €24,456 to €22,951
Equity and liabilities
- Reserves +€48,353
up €48,353 (+172%), from €28,106 to €76,460
of which Tax-exempt reserves: +€48,353
- Current portion of long-term debt +€21,024
new in 2025: €21,024
- Profit (loss) carried forward -€17,803
down €17,803 (-40.5%), from -€43,972 to -€61,775
- Trade debts +€2,846
up €2,846 (+18.4%), from €15,488 to €18,334
Income statement
- Gross operating margin +€46,835
up €46,835 (+24.3%), from €192,551 to €239,386
- Staff costs +€9,204
up €9,204 (+5.2%), from €177,280 to €186,484
- Taxes +€7,526
new in 2025: €7,526
- Other operating charges -€5,427
down €5,427 (-79.6%), from €6,821 to €1,394
- Financial income -€4,770
down €4,770 (-70.0%), from €6,816 to €2,046
of which Non-recurring financial income: -€6,437
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
€11,637
Gross operating margin
+€46,835
Staff costs
-€9,204
Depreciation
+€275
Other operating charges
+€5,427
Other operating items
-€12,401
Financial income
-€4,770
Financial charges
+€277
Taxes
-€7,526
Result 2025
€30,550
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
-€11,451
Investment
€0
Financing
+€19,923
Cash 2024
€11,456
From operations (derived)
-€11,451
Net result for the year
+€30,550
Depreciation
+€1,505
Stocks and contracts
+€1,001
Receivables within one year
-€51,498
Deferred charges and accrued income
+€5,050
Trade debts
+€2,846
Tax, wage and social debts
-€906
Financing
+€19,923
Current portion of long-term debt
+€21,024
Short-term financial debts
-€1,100
Cash 2025
€19,928
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,192 | €112,605 | +€52,413 | +87.1% |
| Fixed assets | 21/28 | €24,456 | €22,951 | -€1,505 | -6.2% |
| Tangible fixed assets | 22/27 | €24,456 | €22,951 | -€1,505 | -6.2% |
| Furniture and vehicles | 24 | €24,456 | €22,951 | -€1,505 | -6.2% |
| Current assets | 29/58 | €35,736 | €89,654 | +€53,918 | +151% |
| Stocks and contracts in progress | 3 | €8,381 | €7,380 | -€1,001 | -11.9% |
| Stocks | 30/36 | €8,381 | €7,380 | -€1,001 | -11.9% |
| Amounts receivable within one year | 40/41 | - | €51,498 | +€51,498 | |
| Other amounts receivable | 41 | - | €51,498 | +€51,498 | |
| Cash at bank and in hand | 54/58 | €11,456 | €19,928 | +€8,472 | +74.0% |
| Deferred charges and accrued income | 490/1 | €15,899 | €10,849 | -€5,050 | -31.8% |
| Total equity and liabilities | 10/49 | €60,192 | €112,605 | +€52,413 | +87.1% |
| Equity | 10/15 | €19,726 | €50,276 | +€30,550 | +155% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €17,000 | €17,000 | = | 0.0% |
| Reserves | 13 | €28,106 | €76,460 | +€48,353 | +172% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,150 | €72,503 | +€48,353 | +200% |
| Distributable reserves | 133 | €2,097 | €2,097 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,972 | -€61,775 | -€17,803 | -40.5% |
| Amounts payable | 17/49 | €40,466 | €62,329 | +€21,863 | +54.0% |
| Amounts payable within one year | 42/48 | €40,466 | €62,329 | +€21,863 | +54.0% |
| Current portion of amounts payable after more than one year | 42 | - | €21,024 | +€21,024 | |
| Financial debts | 43 | €1,100 | - | -€1,100 | |
| Credit institutions | 430/8 | €1,100 | - | -€1,100 | |
| Trade debts | 44 | €15,488 | €18,334 | +€2,846 | +18.4% |
| Suppliers | 440/4 | €15,488 | €18,334 | +€2,846 | +18.4% |
| Taxes, remuneration and social security | 45 | €23,878 | €22,971 | -€906 | -3.8% |
| Taxes | 450/3 | €13,192 | €8,526 | -€4,666 | -35.4% |
| Remuneration and social security | 454/9 | €10,685 | €14,445 | +€3,760 | +35.2% |
| Non-recurring operating income | 76A | €38,730 | €53,312 | +€14,582 | +37.6% |
| Remuneration, social security and pensions | 62 | €177,280 | €186,484 | +€9,204 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,781 | €1,505 | -€275 | -15.5% |
| Other operating charges | 640/8 | €6,821 | €1,394 | -€5,427 | -79.6% |
| Non-recurring operating charges | 66A | - | €12,401 | +€12,401 | |
| Gross operating margin | 9900 | €192,551 | €239,386 | +€46,835 | +24.3% |
| Operating profit (loss) | 9901 | €6,670 | €37,602 | +€30,932 | +464% |
| Financial income | 75/76B | €6,816 | €2,046 | -€4,770 | -70.0% |
| Recurring financial income | 75 | €378 | €2,046 | +€1,668 | +441% |
| Non-recurring financial income | 76B | €6,437 | - | -€6,437 | |
| Financial charges | 65/66B | €1,848 | €1,571 | -€277 | -15.0% |
| Recurring financial charges | 65 | €1,848 | €1,571 | -€277 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €11,637 | €38,077 | +€26,439 | +227% |
| Income taxes | 67/77 | - | €7,526 | +€7,526 | |
| Profit (loss) for the period | 9904 | €11,637 | €30,550 | +€18,913 | +163% |
| Transfer to tax-exempt reserves | 689 | - | €48,353 | +€48,353 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,637 | -€17,803 | -€29,440 |
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 4 November 2026 via checked.be.