Restaurant FREDO: 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.
Restaurant FREDO
Largest movements
- Cash -€12,887
down €12,887 (-19.1%), from €67,380 to €54,494
mainly Other debts (-€11,246) and Debts after one year (-€7,183)
- Tangible fixed assets -€7,442
down €7,442 (-16.1%), from €46,109 to €38,667
of which Plant, machinery and equipment: -€6,353
- Intangible fixed assets -€1,632
down €1,632 (-25.0%), from €6,527 to €4,895
- Other debts -€11,246
down €11,246 (-30.1%), from €37,328 to €26,081
- Debts after one year -€7,183
down €7,183 (-19.2%), from €37,454 to €30,271
- Tax, wage and social debts -€4,630
down €4,630 (-26.4%), from €17,541 to €12,912
- Reserves +€3,140
up €3,140 (+21.4%), from €14,676 to €17,817
- Trade debts -€2,209
down €2,209 (-31.6%), from €6,990 to €4,781
- Gross operating margin -€25,743
down €25,743 (-60.9%), from €42,267 to €16,524
- Financial income +€4,422
up €4,422 (+193%), from €2,296 to €6,718
- Taxes -€2,918
down €2,918 (-64.8%), from €4,500 to €1,582
- Depreciation +€966
up €966 (+8.5%), from €11,354 to €12,320
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 | €123,463 | €101,545 | -€21,919 | -17.8% |
| Fixed assets | 21/28 | €52,636 | €43,563 | -€9,074 | -17.2% |
| Intangible fixed assets | 21 | €6,527 | €4,895 | -€1,632 | -25.0% |
| Tangible fixed assets | 22/27 | €46,109 | €38,667 | -€7,442 | -16.1% |
| Plant, machinery and equipment | 23 | €42,377 | €36,025 | -€6,353 | -15.0% |
| Furniture and vehicles | 24 | €3,732 | €2,643 | -€1,089 | -29.2% |
| Current assets | 29/58 | €70,827 | €57,982 | -€12,845 | -18.1% |
| Stocks and contracts in progress | 3 | €2,400 | €2,500 | +€100 | +4.2% |
| Stocks | 30/36 | €2,400 | €2,500 | +€100 | +4.2% |
| Amounts receivable within one year | 40/41 | €330 | - | -€330 | |
| Other amounts receivable | 41 | €330 | - | -€330 | |
| Cash at bank and in hand | 54/58 | €67,380 | €54,494 | -€12,887 | -19.1% |
| Deferred charges and accrued income | 490/1 | €717 | €988 | +€271 | +37.8% |
| Total equity and liabilities | 10/49 | €123,463 | €101,545 | -€21,919 | -17.8% |
| Equity | 10/15 | €17,176 | €20,317 | +€3,140 | +18.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €14,676 | €17,817 | +€3,140 | +21.4% |
| Distributable reserves | 133 | €14,676 | €17,817 | +€3,140 | +21.4% |
| Amounts payable | 17/49 | €106,287 | €81,228 | -€25,059 | -23.6% |
| Amounts payable after more than one year | 17 | €37,454 | €30,271 | -€7,183 | -19.2% |
| Financial debts | 170/4 | €37,454 | €30,271 | -€7,183 | -19.2% |
| Amounts payable within one year | 42/48 | €68,833 | €50,957 | -€17,876 | -26.0% |
| Current portion of amounts payable after more than one year | 42 | €6,974 | €7,183 | +€209 | +3.0% |
| Trade debts | 44 | €6,990 | €4,781 | -€2,209 | -31.6% |
| Suppliers | 440/4 | €6,990 | €4,781 | -€2,209 | -31.6% |
| Taxes, remuneration and social security | 45 | €17,541 | €12,912 | -€4,630 | -26.4% |
| Taxes | 450/3 | €17,541 | €12,912 | -€4,630 | -26.4% |
| Other amounts payable | 47/48 | €37,328 | €26,081 | -€11,246 | -30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,354 | €12,320 | +€966 | +8.5% |
| Other operating charges | 640/8 | €2,176 | €2,588 | +€413 | +19.0% |
| Gross operating margin | 9900 | €42,267 | €16,524 | -€25,743 | -60.9% |
| Operating profit (loss) | 9901 | €28,738 | €1,616 | -€27,121 | -94.4% |
| Financial income | 75/76B | €2,296 | €6,718 | +€4,422 | +193% |
| Recurring financial income | 75 | €2,296 | €6,718 | +€4,422 | +193% |
| Financial charges | 65/66B | €3,980 | €3,612 | -€368 | -9.2% |
| Recurring financial charges | 65 | €3,980 | €3,612 | -€368 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €27,054 | €4,723 | -€22,331 | -82.5% |
| Income taxes | 67/77 | €4,500 | €1,582 | -€2,918 | -64.8% |
| Profit (loss) for the period | 9904 | €22,554 | €3,140 | -€19,413 | -86.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,554 | €3,140 | -€19,413 | -86.1% |
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 17 October 2026 via checked.be.