Le Roy: 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
Le Roy
NACE 56.112, Limited-service restaurants, excluding mobile food services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€84,713
2024 · €479,369-€394,656
Equity
€1.3m
2024 · €1.2m+€101,391
Cash
€375,674
2024 · €717,621-€341,947
Balance sheet total
€2.1m
2024 · €2.2m-€78,201
Largest movements
Assets
- Cash -€341,947
down €341,947 (-47.7%), from €717,621 to €375,674
mainly Investment in fixed assets (net) (-€319,667) and Tax, wage and social debts (-€97,271)
- Financial fixed assets +€147,816
up €147,816 (+15.8%), from €933,996 to €1.1m
- Tangible fixed assets +€100,987
up €100,987 (+38.7%), from €260,921 to €361,908
of which Other tangible fixed assets: +€114,095
- Receivables within one year +€62,665
up €62,665 (+49.8%), from €125,763 to €188,428
of which Other amounts receivable: +€66,147
- Stocks and contracts -€28,341
down €28,341 (-31.4%), from €90,260 to €61,919
Equity and liabilities
- Short-term financial debts +€150,000
new in 2025: €150,000
- Tax, wage and social debts -€97,271
down €97,271 (-37.0%), from €263,027 to €165,756
of which Taxes: -€57,368
- Profit (loss) carried forward +€84,713
up €84,713 (+7.1%), from €1.2m to €1.3m
- Trade debts -€69,859
down €69,859 (-20.5%), from €340,669 to €270,810
- Debts after one year -€68,824
down €68,824 (-42.0%), from €163,950 to €95,126
Income statement
- Gross operating margin -€455,732
down €455,732 (-22.2%), from €2.1m to €1.6m
- Taxes -€134,042
down €134,042 (-81.2%), from €165,002 to €30,960
- Staff costs +€58,593
up €58,593 (+4.3%), from €1.4m to €1.4m
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
€479,369
Gross operating margin
-€455,732
Staff costs
-€58,593
Depreciation
+€10,058
Write-downs
-€1,283
Provisions
-€6,407
Other operating charges
+€3,039
Other operating items
+€947
Financial income
-€10,681
Financial charges
-€10,047
Taxes
+€134,042
Result 2025
€84,713
raises the resultlowers the resultnot broken down further in the accounts
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
-€113,708
Investment
-€309,107
Financing
+€80,869
Cash 2024
€717,621
From operations (derived)
-€113,708
Net result for the year
+€84,713
Depreciation
+€70,864
Receivables after one year
+€2,463
Stocks and contracts
+€28,341
Receivables within one year
-€62,665
Deferred charges and accrued income
+€6,358
Provisions
-€57,000
Trade debts
-€69,859
Tax, wage and social debts
-€97,271
Advances received
+€908
Other debts
-€20,561
Investment (derived)
-€309,107
Investment in fixed assets (net)
-€319,667
Current investments
+€10,560
Financing
+€80,869
Debts after one year
-€68,824
Current portion of long-term debt
-€16,985
Short-term financial debts
+€150,000
Contributions, distributions and other
+€16,678
Cash 2025
€375,674
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,195,310 | €2,117,108 | -€78,201 | -3.6% |
| Fixed assets | 21/28 | €1,194,917 | €1,443,720 | +€248,803 | +20.8% |
| Tangible fixed assets | 22/27 | €260,921 | €361,908 | +€100,987 | +38.7% |
| Plant, machinery and equipment | 23 | €63,043 | €54,656 | -€8,387 | -13.3% |
| Furniture and vehicles | 24 | €63,278 | €58,556 | -€4,721 | -7.5% |
| Other tangible fixed assets | 26 | €134,600 | €248,695 | +€114,095 | +84.8% |
| Financial fixed assets | 28 | €933,996 | €1,081,812 | +€147,816 | +15.8% |
| Current assets | 29/58 | €1,000,393 | €673,389 | -€327,004 | -32.7% |
| Amounts receivable after more than one year | 29 | €5,124 | €2,660 | -€2,463 | -48.1% |
| Other amounts receivable | 291 | €5,124 | €2,660 | -€2,463 | -48.1% |
| Stocks and contracts in progress | 3 | €90,260 | €61,919 | -€28,341 | -31.4% |
| Stocks | 30/36 | €90,260 | €61,919 | -€28,341 | -31.4% |
| Amounts receivable within one year | 40/41 | €125,763 | €188,428 | +€62,665 | +49.8% |
| Trade receivables | 40 | €101,220 | €97,739 | -€3,482 | -3.4% |
| Other amounts receivable | 41 | €24,542 | €90,689 | +€66,147 | +270% |
| Current investments | 50/53 | €41,440 | €30,880 | -€10,560 | -25.5% |
| Cash at bank and in hand | 54/58 | €717,621 | €375,674 | -€341,947 | -47.7% |
| Deferred charges and accrued income | 490/1 | €20,185 | €13,827 | -€6,358 | -31.5% |
| Total equity and liabilities | 10/49 | €2,195,310 | €2,117,108 | -€78,201 | -3.6% |
| Equity | 10/15 | €1,235,070 | €1,336,461 | +€101,391 | +8.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | - | -€2,500 | |
| Reserves not available under the articles | 1311 | €2,500 | - | -€2,500 | |
| Distributable reserves | 133 | - | €2,500 | +€2,500 | |
| Profit (loss) carried forward | 14 | €1,199,284 | €1,283,997 | +€84,713 | +7.1% |
| Investment grants | 15 | €8,286 | €24,964 | +€16,678 | +201% |
| Provisions and deferred taxes | 16 | €57,000 | - | -€57,000 | |
| Provisions for liabilities and charges | 160/5 | €57,000 | - | -€57,000 | |
| Major repairs and maintenance | 162 | €57,000 | - | -€57,000 | |
| Amounts payable | 17/49 | €903,240 | €780,648 | -€122,592 | -13.6% |
| Amounts payable after more than one year | 17 | €163,950 | €95,126 | -€68,824 | -42.0% |
| Financial debts | 170/4 | €163,950 | €95,126 | -€68,824 | -42.0% |
| Amounts payable within one year | 42/48 | €739,290 | €685,522 | -€53,768 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €88,904 | €71,919 | -€16,985 | -19.1% |
| Financial debts | 43 | - | €150,000 | +€150,000 | |
| Credit institutions | 430/8 | - | €150,000 | +€150,000 | |
| Trade debts | 44 | €340,669 | €270,810 | -€69,859 | -20.5% |
| Suppliers | 440/4 | €340,669 | €270,810 | -€69,859 | -20.5% |
| Advances received on contracts in progress | 46 | €14,458 | €15,366 | +€908 | +6.3% |
| Taxes, remuneration and social security | 45 | €263,027 | €165,756 | -€97,271 | -37.0% |
| Taxes | 450/3 | €63,930 | €6,562 | -€57,368 | -89.7% |
| Remuneration and social security | 454/9 | €199,097 | €159,194 | -€39,903 | -20.0% |
| Other amounts payable | 47/48 | €32,232 | €11,670 | -€20,561 | -63.8% |
| Remuneration, social security and pensions | 62 | €1,359,272 | €1,417,865 | +€58,593 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,923 | €70,864 | -€10,058 | -12.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,283 | +€1,283 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€63,407 | -€57,000 | +€6,407 | +10.1% |
| Other operating charges | 640/8 | €12,045 | €9,006 | -€3,039 | -25.2% |
| Non-recurring operating charges | 66A | €947 | - | -€947 | |
| Gross operating margin | 9900 | €2,052,247 | €1,596,515 | -€455,732 | -22.2% |
| Operating profit (loss) | 9901 | €662,467 | €154,497 | -€507,970 | -76.7% |
| Financial income | 75/76B | €24,381 | €13,700 | -€10,681 | -43.8% |
| Recurring financial income | 75 | €24,381 | €13,700 | -€10,681 | -43.8% |
| Financial charges | 65/66B | €42,477 | €52,524 | +€10,047 | +23.7% |
| Recurring financial charges | 65 | €42,477 | €52,524 | +€10,047 | +23.7% |
| Profit (loss) for the period before taxes | 9903 | €644,371 | €115,673 | -€528,698 | -82.0% |
| Income taxes | 67/77 | €165,002 | €30,960 | -€134,042 | -81.2% |
| Profit (loss) for the period | 9904 | €479,369 | €84,713 | -€394,656 | -82.3% |
| Profit (loss) for the period to be appropriated | 9905 | €479,369 | €84,713 | -€394,656 | -82.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.