LE TROISIEME ACTE: what changed
What changed
LE TROISIEME ACTE
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
-€25,155
2024 · €8,384-€33,540
Equity
€68,709
2024 · €93,864-€25,155
Cash
€27,479
2024 · €44,833-€17,354
Balance sheet total
€167,108
2024 · €216,228-€49,119
Largest movements
Assets
- Cash -€17,354
down €17,354 (-38.7%), from €44,833 to €27,479
mainly Net result for the year (-€25,155) and Tax, wage and social debts (-€13,269)
- Tangible fixed assets -€16,002
down €16,002 (-24.6%), from €65,013 to €49,011
of which Furniture and vehicles: -€12,152
- Receivables within one year -€15,515
down €15,515 (-17.7%), from €87,551 to €72,037
of which Other amounts receivable: -€8,401
Equity and liabilities
- Profit (loss) carried forward -€25,155
down €25,155 (-34.6%), from €72,604 to €47,449
- Tax, wage and social debts -€13,269
down €13,269 (-31.1%), from €42,639 to €29,370
of which Taxes: -€7,779
- Debts after one year -€9,948
down €9,948 (-31.0%), from €32,061 to €22,113
Income statement
- Gross operating margin -€74,727
down €74,727 (-28.2%), from €264,968 to €190,241
- Staff costs -€40,940
down €40,940 (-17.8%), from €230,287 to €189,347
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
€8,384
Gross operating margin
-€74,727
Staff costs
+€40,940
Depreciation
+€141
Other operating charges
+€1,030
Financial charges
+€353
Taxes
-€1,277
Result 2025
-€25,155
raises the resultlowers the result
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
-€5,513
Investment
€0
Financing
-€11,841
Cash 2024
€44,833
From operations (derived)
-€5,513
Net result for the year
-€25,155
Depreciation
+€16,002
Stocks and contracts
+€260
Receivables within one year
+€15,515
Smaller working-capital items
-€32
Trade debts
+€1,767
Tax, wage and social debts
-€13,269
Accrued charges and deferred income
-€600
Financing
-€11,841
Debts after one year
-€9,948
Current portion of long-term debt
-€1,893
Cash 2025
€27,479
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €216,228 | €167,108 | -€49,119 | -22.7% |
| Fixed assets | 21/28 | €65,013 | €49,011 | -€16,002 | -24.6% |
| Tangible fixed assets | 22/27 | €65,013 | €49,011 | -€16,002 | -24.6% |
| Plant, machinery and equipment | 23 | €18,541 | €14,692 | -€3,850 | -20.8% |
| Furniture and vehicles | 24 | €46,471 | €34,319 | -€12,152 | -26.2% |
| Current assets | 29/58 | €151,215 | €118,098 | -€33,117 | -21.9% |
| Stocks and contracts in progress | 3 | €18,723 | €18,464 | -€260 | -1.4% |
| Stocks | 30/36 | €18,723 | €18,464 | -€260 | -1.4% |
| Amounts receivable within one year | 40/41 | €87,551 | €72,037 | -€15,515 | -17.7% |
| Trade receivables | 40 | €12,776 | €5,662 | -€7,114 | -55.7% |
| Other amounts receivable | 41 | €74,776 | €66,374 | -€8,401 | -11.2% |
| Cash at bank and in hand | 54/58 | €44,833 | €27,479 | -€17,354 | -38.7% |
| Deferred charges and accrued income | 490/1 | €107 | €118 | +€11 | +10.4% |
| Total equity and liabilities | 10/49 | €216,228 | €167,108 | -€49,119 | -22.7% |
| Equity | 10/15 | €93,864 | €68,709 | -€25,155 | -26.8% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €14,860 | €14,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,000 | €13,000 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,604 | €47,449 | -€25,155 | -34.6% |
| Amounts payable | 17/49 | €122,364 | €98,400 | -€23,964 | -19.6% |
| Amounts payable after more than one year | 17 | €32,061 | €22,113 | -€9,948 | -31.0% |
| Financial debts | 170/4 | €32,061 | €22,113 | -€9,948 | -31.0% |
| Amounts payable within one year | 42/48 | €89,703 | €76,287 | -€13,416 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €11,841 | €9,948 | -€1,893 | -16.0% |
| Trade debts | 44 | €34,201 | €35,968 | +€1,767 | +5.2% |
| Suppliers | 440/4 | €34,201 | €35,968 | +€1,767 | +5.2% |
| Taxes, remuneration and social security | 45 | €42,639 | €29,370 | -€13,269 | -31.1% |
| Taxes | 450/3 | €16,233 | €8,455 | -€7,779 | -47.9% |
| Remuneration and social security | 454/9 | €26,405 | €20,915 | -€5,490 | -20.8% |
| Other amounts payable | 47/48 | €1,022 | €1,002 | -€20 | -2.0% |
| Accrued charges and deferred income | 492/3 | €600 | - | -€600 | |
| Remuneration, social security and pensions | 62 | €230,287 | €189,347 | -€40,940 | -17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,143 | €16,002 | -€141 | -0.9% |
| Other operating charges | 640/8 | €3,138 | €2,108 | -€1,030 | -32.8% |
| Gross operating margin | 9900 | €264,968 | €190,241 | -€74,727 | -28.2% |
| Operating profit (loss) | 9901 | €15,400 | -€17,216 | -€32,616 | |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €7,513 | €7,159 | -€353 | -4.7% |
| Recurring financial charges | 65 | €7,513 | €7,159 | -€353 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €7,888 | -€24,375 | -€32,263 | |
| Income taxes | 67/77 | -€497 | €780 | +€1,277 | |
| Profit (loss) for the period | 9904 | €8,384 | -€25,155 | -€33,540 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,384 | -€25,155 | -€33,540 |
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 5 November 2026 via checked.be.