MUTZHAGEN: 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
MUTZHAGEN
NACE 56.112, Limited-service restaurants, excluding mobile food services
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€295,221
2024 · €329,575-€34,354
Equity
€406,440
2024 · €399,118+€7,321
Cash
€89,276
2024 · €72,257+€17,019
Balance sheet total
€1.2m
2024 · €1.2m+€56,032
Largest movements
Assets
- Current investments +€30,152
up €30,152 (+30.1%), from €100,146 to €130,298
- Receivables after one year -€22,000
down €22,000 (-70.6%), from €31,167 to €9,167
- Tangible fixed assets +€20,741
up €20,741 (+2.3%), from €918,160 to €938,901
of which Plant, machinery and equipment: +€43,354
- Cash +€17,019
up €17,019 (+23.6%), from €72,257 to €89,276
mainly Net result for the year (+€295,221) and Depreciation (+€147,887)
Equity and liabilities
- Other debts +€40,158
up €40,158 (+14.8%), from €271,662 to €311,820
Income statement
- Staff costs +€21,499
up €21,499 (+4.5%), from €482,093 to €503,592
- Depreciation +€17,344
up €17,344 (+13.3%), from €130,542 to €147,887
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
€329,575
Gross operating margin
+€6,231
Staff costs
-€21,499
Depreciation
-€17,344
Other operating charges
+€815
Financial income
+€33
Financial charges
-€3,296
Taxes
+€707
Result 2025
€295,221
Cash bridge derived
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
+€492,757
Investment
-€198,779
Financing
-€276,959
Cash 2024
€72,257
From operations (derived)
+€492,757
Net result for the year
+€295,221
Depreciation
+€147,887
Receivables after one year
+€22,000
Stocks and contracts
-€6,601
Receivables within one year
-€3,314
Smaller working-capital items
+€449
Trade debts
-€3,042
Other debts
+€40,158
Investment (derived)
-€198,779
Investment in fixed assets (net)
-€168,627
Current investments
-€30,152
Financing
-€276,959
Debts after one year
+€6,910
Current portion of long-term debt
+€4,031
Contributions, distributions and other
-€287,900
Cash 2025
€89,276
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,191,784 | €1,247,816 | +€56,032 | +4.7% |
| Fixed assets | 21/28 | €918,160 | €938,901 | +€20,741 | +2.3% |
| Tangible fixed assets | 22/27 | €918,160 | €938,901 | +€20,741 | +2.3% |
| Land and buildings | 22 | €760,028 | €744,169 | -€15,859 | -2.1% |
| Plant, machinery and equipment | 23 | €100,554 | €143,908 | +€43,354 | +43.1% |
| Furniture and vehicles | 24 | €57,578 | €50,823 | -€6,755 | -11.7% |
| Current assets | 29/58 | €273,624 | €308,916 | +€35,292 | +12.9% |
| Amounts receivable after more than one year | 29 | €31,167 | €9,167 | -€22,000 | -70.6% |
| Other amounts receivable | 291 | €31,167 | €9,167 | -€22,000 | -70.6% |
| Stocks and contracts in progress | 3 | €38,645 | €45,246 | +€6,601 | +17.1% |
| Stocks | 30/36 | €38,645 | €45,246 | +€6,601 | +17.1% |
| Amounts receivable within one year | 40/41 | €24,311 | €27,625 | +€3,314 | +13.6% |
| Trade receivables | 40 | €2,111 | €2,507 | +€396 | +18.8% |
| Other amounts receivable | 41 | €22,200 | €25,118 | +€2,918 | +13.1% |
| Current investments | 50/53 | €100,146 | €130,298 | +€30,152 | +30.1% |
| Cash at bank and in hand | 54/58 | €72,257 | €89,276 | +€17,019 | +23.6% |
| Deferred charges and accrued income | 490/1 | €7,099 | €7,304 | +€206 | +2.9% |
| Total equity and liabilities | 10/49 | €1,191,784 | €1,247,816 | +€56,032 | +4.7% |
| Equity | 10/15 | €399,118 | €406,440 | +€7,321 | +1.8% |
| Contributions | 10/11 | €7,439 | €7,439 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €389,820 | €397,141 | +€7,321 | +1.9% |
| Amounts payable | 17/49 | €792,666 | €841,377 | +€48,711 | +6.1% |
| Amounts payable after more than one year | 17 | €370,500 | €377,410 | +€6,910 | +1.9% |
| Financial debts | 170/4 | €370,500 | €377,410 | +€6,910 | +1.9% |
| Amounts payable within one year | 42/48 | €422,166 | €463,967 | +€41,801 | +9.9% |
| Current portion of amounts payable after more than one year | 42 | €69,059 | €73,090 | +€4,031 | +5.8% |
| Trade debts | 44 | €22,934 | €19,892 | -€3,042 | -13.3% |
| Suppliers | 440/4 | €22,934 | €19,892 | -€3,042 | -13.3% |
| Taxes, remuneration and social security | 45 | €58,510 | €59,164 | +€654 | +1.1% |
| Taxes | 450/3 | €2,744 | €864 | -€1,879 | -68.5% |
| Remuneration and social security | 454/9 | €55,766 | €58,300 | +€2,533 | +4.5% |
| Other amounts payable | 47/48 | €271,662 | €311,820 | +€40,158 | +14.8% |
| Remuneration, social security and pensions | 62 | €482,093 | €503,592 | +€21,499 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,542 | €147,887 | +€17,344 | +13.3% |
| Other operating charges | 640/8 | €8,624 | €7,809 | -€815 | -9.4% |
| Gross operating margin | 9900 | €971,426 | €977,658 | +€6,231 | +0.6% |
| Operating profit (loss) | 9901 | €350,167 | €318,369 | -€31,798 | -9.1% |
| Financial income | 75/76B | €779 | €812 | +€33 | +4.3% |
| Recurring financial income | 75 | €779 | €812 | +€33 | +4.3% |
| Financial charges | 65/66B | €20,455 | €23,751 | +€3,296 | +16.1% |
| Recurring financial charges | 65 | €20,455 | €23,751 | +€3,296 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | €330,491 | €295,431 | -€35,060 | -10.6% |
| Income taxes | 67/77 | €916 | €210 | -€707 | -77.1% |
| Profit (loss) for the period | 9904 | €329,575 | €295,221 | -€34,354 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €329,575 | €295,221 | -€34,354 | -10.4% |
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 11 October 2026 via checked.be.