PELAGIA: what changed
What changed
PELAGIA
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
-€6,605
2024 · -€70,874+€64,269
Equity
-€132,462
2024 · -€125,857-€6,605
Cash
€6,500
2024 · €2,824+€3,676
Balance sheet total
€568,638
2024 · €531,616+€37,022
Largest movements
Assets
- Tangible fixed assets +€290,578
up €290,578 (+114%), from €254,008 to €544,586
of which Plant, machinery and equipment: +€295,969
- Receivables within one year -€255,862
down €255,862 (-99.7%), from €256,721 to €859
of which Other amounts receivable: -€230,027
Equity and liabilities
- Debts after one year +€85,408
up €85,408 (+19.8%), from €430,703 to €516,111
- Other debts -€21,394
down €21,394 (-84.6%), from €25,287 to €3,893
- Trade debts -€20,397
down €20,397 (-40.6%), from €50,267 to €29,871
- Tax, wage and social debts -€15,735
down €15,735 (-11.9%), from €131,919 to €116,185
of which Taxes: -€25,028
- Current portion of long-term debt +€13,657
up €13,657 (+70.8%), from €19,297 to €32,954
Income statement
- Gross operating margin +€44,168
up €44,168 (+15.0%), from €293,821 to €337,989
- Depreciation +€24,658
up €24,658 (+183%), from €13,459 to €38,117
- Financial charges -€15,202
down €15,202 (-27.9%), from €54,509 to €39,307
- Staff costs -€8,421
down €8,421 (-3.1%), from €271,794 to €263,373
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
-€70,874
Gross operating margin
+€44,168
Staff costs
+€8,421
Depreciation
-€24,658
Other operating charges
+€98
Other operating items
+€21,236
Financial income
-€197
Financial charges
+€15,202
Result 2025
-€6,605
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
+€231,219
Investment
-€328,695
Financing
+€101,151
Cash 2024
€2,824
From operations (derived)
+€231,219
Net result for the year
-€6,605
Depreciation
+€38,117
Stocks and contracts
-€2,616
Receivables within one year
+€255,862
Deferred charges and accrued income
+€3,987
Trade debts
-€20,397
Tax, wage and social debts
-€15,735
Other debts
-€21,394
Investment (derived)
-€328,695
Investment in fixed assets (net)
-€328,695
Financing
+€101,151
Debts after one year
+€85,408
Current portion of long-term debt
+€13,657
Short-term financial debts
+€2,087
Cash 2025
€6,500
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €531,616 | €568,638 | +€37,022 | +7.0% |
| Fixed assets | 21/28 | €254,943 | €545,521 | +€290,578 | +114% |
| Tangible fixed assets | 22/27 | €254,008 | €544,586 | +€290,578 | +114% |
| Land and buildings | 22 | €111,591 | €106,200 | -€5,391 | -4.8% |
| Plant, machinery and equipment | 23 | €142,417 | €438,386 | +€295,969 | +208% |
| Financial fixed assets | 28 | €935 | €935 | = | 0.0% |
| Current assets | 29/58 | €276,673 | €23,117 | -€253,556 | -91.6% |
| Stocks and contracts in progress | 3 | €5,651 | €8,267 | +€2,616 | +46.3% |
| Stocks | 30/36 | €5,651 | €8,267 | +€2,616 | +46.3% |
| Amounts receivable within one year | 40/41 | €256,721 | €859 | -€255,862 | -99.7% |
| Trade receivables | 40 | €25,835 | - | -€25,835 | |
| Other amounts receivable | 41 | €230,886 | €859 | -€230,027 | -99.6% |
| Cash at bank and in hand | 54/58 | €2,824 | €6,500 | +€3,676 | +130% |
| Deferred charges and accrued income | 490/1 | €11,477 | €7,491 | -€3,987 | -34.7% |
| Total equity and liabilities | 10/49 | €531,616 | €568,638 | +€37,022 | +7.0% |
| Equity | 10/15 | -€125,857 | -€132,462 | -€6,605 | -5.2% |
| Contributions | 10/11 | €6,199 | €6,199 | = | 0.0% |
| Revaluation surpluses | 12 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €35,046 | €35,046 | = | 0.0% |
| Non-distributable reserves | 130/1 | €34,846 | €34,846 | = | 0.0% |
| Reserves not available under the articles | 1311 | €34,846 | €34,846 | = | 0.0% |
| Distributable reserves | 133 | €201 | €201 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€187,103 | -€193,708 | -€6,605 | -3.5% |
| Amounts payable | 17/49 | €657,473 | €701,100 | +€43,626 | +6.6% |
| Amounts payable after more than one year | 17 | €430,703 | €516,111 | +€85,408 | +19.8% |
| Financial debts | 170/4 | €430,703 | €516,111 | +€85,408 | +19.8% |
| Amounts payable within one year | 42/48 | €226,770 | €184,989 | -€41,781 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €19,297 | €32,954 | +€13,657 | +70.8% |
| Financial debts | 43 | - | €2,087 | +€2,087 | |
| Credit institutions | 430/8 | - | €2,087 | +€2,087 | |
| Trade debts | 44 | €50,267 | €29,871 | -€20,397 | -40.6% |
| Suppliers | 440/4 | €50,267 | €29,871 | -€20,397 | -40.6% |
| Taxes, remuneration and social security | 45 | €131,919 | €116,185 | -€15,735 | -11.9% |
| Taxes | 450/3 | €61,931 | €36,903 | -€25,028 | -40.4% |
| Remuneration and social security | 454/9 | €69,988 | €79,281 | +€9,293 | +13.3% |
| Other amounts payable | 47/48 | €25,287 | €3,893 | -€21,394 | -84.6% |
| Remuneration, social security and pensions | 62 | €271,794 | €263,373 | -€8,421 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,459 | €38,117 | +€24,658 | +183% |
| Other operating charges | 640/8 | €4,034 | €3,936 | -€98 | -2.4% |
| Non-recurring operating charges | 66A | €21,236 | - | -€21,236 | |
| Gross operating margin | 9900 | €293,821 | €337,989 | +€44,168 | +15.0% |
| Operating profit (loss) | 9901 | -€16,702 | €32,563 | +€49,265 | |
| Financial income | 75/76B | €337 | €140 | -€197 | -58.6% |
| Recurring financial income | 75 | €337 | €140 | -€197 | -58.5% |
| Non-recurring financial income | 76B | €0 | - | -€0 | |
| Financial charges | 65/66B | €54,509 | €39,307 | -€15,202 | -27.9% |
| Recurring financial charges | 65 | €54,509 | €39,307 | -€15,202 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | -€70,874 | -€6,605 | +€64,269 | +90.7% |
| Profit (loss) for the period | 9904 | -€70,874 | -€6,605 | +€64,269 | +90.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€70,874 | -€6,605 | +€64,269 | +90.7% |
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.