Queen’s Burger: 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.
Queen’s Burger
Largest movements
- Tangible fixed assets -€26,383
down €26,383 (-7.5%), from €353,178 to €326,795
- Receivables after one year +€16,800
new in 2025: €16,800
- Stocks and contracts -€8,000
down €8,000 (-87.4%), from €9,155 to €1,155
- Deferred charges and accrued income -€4,097
down €4,097 (-59.8%), from €6,847 to €2,749
- Other debts -€169,588
no longer reported in 2025 (was €169,588)
- Debts after one year +€145,644
up €145,644 (+456%), from €31,905 to €177,549
- Trade debts -€73,327
down €73,327 (-95.9%), from €76,435 to €3,108
- Profit (loss) carried forward +€65,375
up €65,375 (+77.6%), from €84,275 to €149,649
- Tax, wage and social debts +€6,900
up €6,900 (+41.3%), from €16,707 to €23,607
of which Taxes: +€20,226
- Gross operating margin +€69,504
up €69,504 (+57.8%), from €120,200 to €189,704
- Taxes +€22,606
up €22,606 (+2,962%), from €763 to €23,369
- Staff costs +€11,850
up €11,850 (+58.3%), from €20,329 to €32,179
- Depreciation +€7,054
up €7,054 (+13.4%), from €52,719 to €59,772
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €402,529 | €377,918 | -€24,612 | -6.1% |
| Fixed assets | 21/28 | €353,178 | €326,795 | -€26,383 | -7.5% |
| Tangible fixed assets | 22/27 | €353,178 | €326,795 | -€26,383 | -7.5% |
| Land and buildings | 22 | €9,294 | €7,335 | -€1,960 | -21.1% |
| Plant, machinery and equipment | 23 | €83,874 | €70,974 | -€12,899 | -15.4% |
| Furniture and vehicles | 24 | €10,158 | €4,568 | -€5,591 | -55.0% |
| Other tangible fixed assets | 26 | €249,852 | €243,919 | -€5,934 | -2.4% |
| Current assets | 29/58 | €49,351 | €51,123 | +€1,772 | +3.6% |
| Amounts receivable after more than one year | 29 | - | €16,800 | +€16,800 | |
| Other amounts receivable | 291 | - | €16,800 | +€16,800 | |
| Stocks and contracts in progress | 3 | €9,155 | €1,155 | -€8,000 | -87.4% |
| Stocks | 30/36 | €9,155 | €1,155 | -€8,000 | -87.4% |
| Amounts receivable within one year | 40/41 | €31,377 | €30,258 | -€1,119 | -3.6% |
| Trade receivables | 40 | €20,046 | €20,932 | +€886 | +4.4% |
| Other amounts receivable | 41 | €11,331 | €9,326 | -€2,006 | -17.7% |
| Cash at bank and in hand | 54/58 | €1,972 | €160 | -€1,811 | -91.9% |
| Deferred charges and accrued income | 490/1 | €6,847 | €2,749 | -€4,097 | -59.8% |
| Total equity and liabilities | 10/49 | €402,529 | €377,918 | -€24,612 | -6.1% |
| Equity | 10/15 | €94,275 | €159,649 | +€65,375 | +69.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,275 | €149,649 | +€65,375 | +77.6% |
| Amounts payable | 17/49 | €308,255 | €218,269 | -€89,986 | -29.2% |
| Amounts payable after more than one year | 17 | €31,905 | €177,549 | +€145,644 | +456% |
| Financial debts | 170/4 | €31,905 | €177,549 | +€145,644 | +456% |
| Amounts payable within one year | 42/48 | €276,350 | €40,719 | -€235,630 | -85.3% |
| Current portion of amounts payable after more than one year | 42 | €13,619 | €14,004 | +€385 | +2.8% |
| Trade debts | 44 | €76,435 | €3,108 | -€73,327 | -95.9% |
| Suppliers | 440/4 | €76,435 | €3,108 | -€73,327 | -95.9% |
| Taxes, remuneration and social security | 45 | €16,707 | €23,607 | +€6,900 | +41.3% |
| Taxes | 450/3 | €2,380 | €22,606 | +€20,226 | +850% |
| Remuneration and social security | 454/9 | €14,327 | €1,001 | -€13,326 | -93.0% |
| Other amounts payable | 47/48 | €169,588 | - | -€169,588 | |
| Remuneration, social security and pensions | 62 | €20,329 | €32,179 | +€11,850 | +58.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,719 | €59,772 | +€7,054 | +13.4% |
| Other operating charges | 640/8 | €4,774 | €4,218 | -€556 | -11.6% |
| Gross operating margin | 9900 | €120,200 | €189,704 | +€69,504 | +57.8% |
| Operating profit (loss) | 9901 | €42,378 | €93,534 | +€51,156 | +121% |
| Financial income | 75/76B | €2,779 | €2,591 | -€189 | -6.8% |
| Recurring financial income | 75 | €2,779 | €2,591 | -€189 | -6.8% |
| Financial charges | 65/66B | €6,068 | €7,381 | +€1,313 | +21.6% |
| Recurring financial charges | 65 | €6,068 | €7,381 | +€1,313 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | €39,089 | €88,744 | +€49,654 | +127% |
| Income taxes | 67/77 | €763 | €23,369 | +€22,606 | +2,962% |
| Profit (loss) for the period | 9904 | €38,326 | €65,375 | +€27,048 | +70.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,326 | €65,375 | +€27,048 | +70.6% |
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 30 October 2026 via checked.be.