QUAI N°4: what changed
What changed
QUAI N°4
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
-€19,103
2024 · €13,556-€32,659
Equity
€138,548
2024 · €157,651-€19,103
Cash
€17,613
2024 · €25,054-€7,441
Balance sheet total
€379,795
2024 · €389,999-€10,204
Largest movements
Assets
- Tangible fixed assets -€19,374
down €19,374 (-12.4%), from €156,127 to €136,753
of which Plant, machinery and equipment: -€16,560
- Stocks and contracts +€15,587
up €15,587 (+53.0%), from €29,403 to €44,990
- Financial fixed assets +€12,000
up €12,000 (+60.0%), from €20,000 to €32,000
- Cash -€7,441
down €7,441 (-29.7%), from €25,054 to €17,613
mainly Net result for the year (-€19,103) and Advances received (-€18,972)
- Deferred charges and accrued income -€7,020
down €7,020 (-26.4%), from €26,606 to €19,586
Equity and liabilities
- Trade debts +€37,070
up €37,070 (+110%), from €33,778 to €70,849
- Advances received -€18,972
down €18,972 (-47.2%), from €40,212 to €21,240
- Reserves -€15,000
down €15,000 (-11.1%), from €135,000 to €120,000
- Current portion of long-term debt +€10,117
up €10,117 (+103%), from €9,809 to €19,926
- Debts after one year -€9,198
down €9,198 (-10.5%), from €87,596 to €78,399
of which Financial debts: -€9,198
Income statement
- Staff costs +€36,306
up €36,306 (+11.2%), from €323,229 to €359,535
- Gross operating margin -€7,253
down €7,253 (-1.9%), from €389,981 to €382,729
- Other operating charges -€6,232
down €6,232 (-58.9%), from €10,586 to €4,354
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
€13,556
Gross operating margin
-€7,253
Staff costs
-€36,306
Depreciation
+€3,509
Other operating charges
+€6,232
Financial income
-€32
Financial charges
+€1,226
Taxes
-€35
Result 2025
-€19,103
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
+€12,501
Investment
-€13,820
Financing
-€6,122
Cash 2024
€25,054
From operations (derived)
+€12,501
Net result for the year
-€19,103
Depreciation
+€21,194
Stocks and contracts
-€15,587
Receivables within one year
+€3,956
Deferred charges and accrued income
+€7,020
Trade debts
+€37,070
Tax, wage and social debts
-€9,078
Advances received
-€18,972
Other debts
+€6,000
Investment (derived)
-€13,820
Investment in fixed assets (net)
-€13,820
Financing
-€6,122
Debts after one year
-€9,198
Current portion of long-term debt
+€10,117
Short-term financial debts
-€7,042
Cash 2025
€17,613
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €389,999 | €379,795 | -€10,204 | -2.6% |
| Fixed assets | 21/28 | €176,127 | €168,753 | -€7,374 | -4.2% |
| Tangible fixed assets | 22/27 | €156,127 | €136,753 | -€19,374 | -12.4% |
| Land and buildings | 22 | €6,406 | €5,705 | -€701 | -10.9% |
| Plant, machinery and equipment | 23 | €147,608 | €131,048 | -€16,560 | -11.2% |
| Furniture and vehicles | 24 | €2,113 | - | -€2,113 | |
| Financial fixed assets | 28 | €20,000 | €32,000 | +€12,000 | +60.0% |
| Current assets | 29/58 | €213,873 | €211,042 | -€2,831 | -1.3% |
| Amounts receivable after more than one year | 29 | €115,000 | €115,000 | = | 0.0% |
| Trade receivables | 290 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €85,000 | €85,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €29,403 | €44,990 | +€15,587 | +53.0% |
| Stocks | 30/36 | €29,403 | €44,990 | +€15,587 | +53.0% |
| Amounts receivable within one year | 40/41 | €17,809 | €13,854 | -€3,956 | -22.2% |
| Trade receivables | 40 | €4,877 | €629 | -€4,249 | -87.1% |
| Other amounts receivable | 41 | €12,932 | €13,225 | +€293 | +2.3% |
| Cash at bank and in hand | 54/58 | €25,054 | €17,613 | -€7,441 | -29.7% |
| Deferred charges and accrued income | 490/1 | €26,606 | €19,586 | -€7,020 | -26.4% |
| Total equity and liabilities | 10/49 | €389,999 | €379,795 | -€10,204 | -2.6% |
| Equity | 10/15 | €157,651 | €138,548 | -€19,103 | -12.1% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Reserves | 13 | €135,000 | €120,000 | -€15,000 | -11.1% |
| Distributable reserves | 133 | €135,000 | €120,000 | -€15,000 | -11.1% |
| Profit (loss) carried forward | 14 | €4,651 | €548 | -€4,103 | -88.2% |
| Amounts payable | 17/49 | €232,348 | €241,247 | +€8,899 | +3.8% |
| Amounts payable after more than one year | 17 | €87,596 | €78,399 | -€9,198 | -10.5% |
| Financial debts | 170/4 | €39,096 | €29,899 | -€9,198 | -23.5% |
| Other amounts payable | 178/9 | €48,500 | €48,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €144,752 | €162,848 | +€18,096 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €9,809 | €19,926 | +€10,117 | +103% |
| Financial debts | 43 | €10,893 | €3,851 | -€7,042 | -64.6% |
| Credit institutions | 430/8 | €10,893 | €3,851 | -€7,042 | -64.6% |
| Trade debts | 44 | €33,778 | €70,849 | +€37,070 | +110% |
| Suppliers | 440/4 | €33,778 | €70,849 | +€37,070 | +110% |
| Advances received on contracts in progress | 46 | €40,212 | €21,240 | -€18,972 | -47.2% |
| Taxes, remuneration and social security | 45 | €50,061 | €40,983 | -€9,078 | -18.1% |
| Taxes | 450/3 | €5,397 | €19,148 | +€13,750 | +255% |
| Remuneration and social security | 454/9 | €44,663 | €21,835 | -€22,829 | -51.1% |
| Other amounts payable | 47/48 | - | €6,000 | +€6,000 | |
| Remuneration, social security and pensions | 62 | €323,229 | €359,535 | +€36,306 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,703 | €21,194 | -€3,509 | -14.2% |
| Other operating charges | 640/8 | €10,586 | €4,354 | -€6,232 | -58.9% |
| Gross operating margin | 9900 | €389,981 | €382,729 | -€7,253 | -1.9% |
| Operating profit (loss) | 9901 | €31,463 | -€2,354 | -€33,817 | |
| Financial income | 75/76B | €33 | €1 | -€32 | -96.6% |
| Recurring financial income | 75 | €33 | €1 | -€32 | -96.6% |
| Financial charges | 65/66B | €17,623 | €16,398 | -€1,226 | -7.0% |
| Recurring financial charges | 65 | €17,623 | €16,398 | -€1,226 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €13,873 | -€18,750 | -€32,623 | |
| Income taxes | 67/77 | €317 | €352 | +€35 | +11.1% |
| Profit (loss) for the period | 9904 | €13,556 | -€19,103 | -€32,659 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,556 | -€19,103 | -€32,659 |
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 3 November 2026 via checked.be.