LE GRILL DUFOUR: 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.
LE GRILL DUFOUR
Largest movements
- Tangible fixed assets -€28,589
down €28,589 (-8.3%), from €344,308 to €315,720
- Cash +€18,655
up €18,655 (+25.9%), from €72,084 to €90,740
mainly Other debts (+€49,601) and Depreciation (+€28,589)
- Trade debts -€70,039
down €70,039 (-84.4%), from €83,032 to €12,993
- Other debts +€49,601
up €49,601 (+179%), from €27,699 to €77,300
- Tax, wage and social debts +€23,624
up €23,624 (+40.6%), from €58,199 to €81,823
of which Remuneration and social security: +€24,812
- Debts after one year -€21,275
down €21,275 (-10.4%), from €205,223 to €183,947
- Reserves +€14,444
up €14,444 (+585%), from €2,468 to €16,912
- Staff costs +€33,188
up €33,188 (+7.3%), from €457,661 to €490,849
- Financial charges -€24,252
down €24,252 (-60.2%), from €40,259 to €16,007
of which Non-recurring financial charges: -€22,933
- Gross operating margin +€21,373
up €21,373 (+4.0%), from €541,041 to €562,414
- Depreciation -€6,466
down €6,466 (-18.4%), from €35,055 to €28,589
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €488,745 | €475,632 | -€13,114 | -2.7% |
| Fixed assets | 21/28 | €351,071 | €322,483 | -€28,589 | -8.1% |
| Tangible fixed assets | 22/27 | €344,308 | €315,720 | -€28,589 | -8.3% |
| Land and buildings | 22 | €293,497 | €285,300 | -€8,197 | -2.8% |
| Plant, machinery and equipment | 23 | €10,298 | €5,138 | -€5,161 | -50.1% |
| Furniture and vehicles | 24 | €12,149 | €2,567 | -€9,582 | -78.9% |
| Other tangible fixed assets | 26 | €28,364 | €22,715 | -€5,649 | -19.9% |
| Financial fixed assets | 28 | €6,763 | €6,763 | = | 0.0% |
| Current assets | 29/58 | €137,674 | €153,149 | +€15,475 | +11.2% |
| Stocks and contracts in progress | 3 | €28,475 | €27,440 | -€1,035 | -3.6% |
| Stocks | 30/36 | €28,475 | €27,440 | -€1,035 | -3.6% |
| Amounts receivable within one year | 40/41 | €34,266 | €34,285 | +€18 | +0.1% |
| Trade receivables | 40 | €10,457 | €5,311 | -€5,147 | -49.2% |
| Other amounts receivable | 41 | €23,809 | €28,974 | +€5,165 | +21.7% |
| Cash at bank and in hand | 54/58 | €72,084 | €90,740 | +€18,655 | +25.9% |
| Deferred charges and accrued income | 490/1 | €2,848 | €685 | -€2,164 | -76.0% |
| Total equity and liabilities | 10/49 | €488,745 | €475,632 | -€13,114 | -2.7% |
| Equity | 10/15 | €81,898 | €96,342 | +€14,444 | +17.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,468 | €16,912 | +€14,444 | +585% |
| Distributable reserves | 133 | €2,468 | €16,912 | +€14,444 | +585% |
| Profit (loss) carried forward | 14 | €59,430 | €59,430 | = | 0.0% |
| Amounts payable | 17/49 | €406,847 | €379,289 | -€27,558 | -6.8% |
| Amounts payable after more than one year | 17 | €205,223 | €183,947 | -€21,275 | -10.4% |
| Financial debts | 170/4 | €205,223 | €183,947 | -€21,275 | -10.4% |
| Amounts payable within one year | 42/48 | €201,624 | €195,342 | -€6,282 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €32,694 | €21,275 | -€11,418 | -34.9% |
| Trade debts | 44 | €83,032 | €12,993 | -€70,039 | -84.4% |
| Suppliers | 440/4 | €83,032 | €12,993 | -€70,039 | -84.4% |
| Advances received on contracts in progress | 46 | - | €1,950 | +€1,950 | |
| Taxes, remuneration and social security | 45 | €58,199 | €81,823 | +€23,624 | +40.6% |
| Taxes | 450/3 | €35,588 | €34,400 | -€1,188 | -3.3% |
| Remuneration and social security | 454/9 | €22,610 | €47,423 | +€24,812 | +110% |
| Other amounts payable | 47/48 | €27,699 | €77,300 | +€49,601 | +179% |
| Remuneration, social security and pensions | 62 | €457,661 | €490,849 | +€33,188 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,055 | €28,589 | -€6,466 | -18.4% |
| Other operating charges | 640/8 | €4,838 | €6,157 | +€1,319 | +27.3% |
| Gross operating margin | 9900 | €541,041 | €562,414 | +€21,373 | +4.0% |
| Operating profit (loss) | 9901 | €43,487 | €36,819 | -€6,668 | -15.3% |
| Financial income | 75/76B | €637 | €1,020 | +€382 | +60.0% |
| Recurring financial income | 75 | €637 | €1,020 | +€382 | +60.0% |
| Financial charges | 65/66B | €40,259 | €16,007 | -€24,252 | -60.2% |
| Recurring financial charges | 65 | €17,326 | €16,007 | -€1,319 | -7.6% |
| Non-recurring financial charges | 66B | €22,933 | - | -€22,933 | |
| Profit (loss) for the period before taxes | 9903 | €3,866 | €21,832 | +€17,966 | +465% |
| Income taxes | 67/77 | €2,832 | €7,388 | +€4,556 | +161% |
| Profit (loss) for the period | 9904 | €1,034 | €14,444 | +€13,410 | +1,297% |
| Profit (loss) for the period to be appropriated | 9905 | €1,034 | €14,444 | +€13,410 | +1,297% |
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.