Restaurant ty: 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
Restaurant ty
NACE 56.111, Full-service restaurants
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€32,655
2023 · -€31,971+€64,626
Equity
€36,684
2023 · €3,029+€33,655
Cash
€25
2023 · €6,874-€6,849
Balance sheet total
€71,506
2023 · €75,936-€4,430
Largest movements
Assets
- Receivables within one year +€9,409
up €9,409 (+2,550%), from €369 to €9,778
of which Trade receivables: +€9,200
- Cash -€6,849
down €6,849 (-99.6%), from €6,874 to €25
mainly Trade debts (-€41,063) and Current portion of long-term debt (-€13,500)
- Tangible fixed assets -€3,891
down €3,891 (-7.7%), from €50,659 to €46,768
of which Plant, machinery and equipment: -€2,450
- Deferred charges and accrued income -€3,000
down €3,000 (-100%), from €3,000 to €0
Equity and liabilities
- Trade debts -€41,063
down €41,063 (-100%), from €41,063 to €0
of which Suppliers: -€41,063
- Profit (loss) carried forward +€32,655
up €32,655, from -€31,971 to €684
- Tax, wage and social debts +€16,128
up €16,128 (+87.9%), from €18,344 to €34,472
of which Remuneration and social security: +€8,858
- Current portion of long-term debt -€13,500
down €13,500 (-100%), from €13,500 to €0
- Contributions +€1,000
up €1,000 (+2.9%), from €35,000 to €36,000
Income statement
- Turnover +€196,498
up €196,498 (+55.1%), from €356,622 to €553,120
- Gross operating margin +€141,704
up €141,704 (+2,236%), from €6,337 to €148,041
- Staff costs +€78,540
up €78,540 (+288%), from €27,294 to €105,834
- Purchases and services +€55,979
up €55,979 (+16.0%), from €350,630 to €406,609
From the 2023 result to the 2024 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 2023
-€31,971
Gross operating margin
+€141,704
Staff costs
-€78,540
Depreciation
-€1,115
Other operating charges
+€2,481
Financial income
+€266
Financial charges
+€1,030
Taxes
-€1,200
Result 2024
€32,655
raises the resultlowers the result
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€7,600
Investment
-€1,950
Financing
-€12,500
Cash 2023
€6,874
From operations (derived)
+€7,600
Net result for the year
+€32,655
Depreciation
+€5,940
Stocks and contracts
-€0
Receivables within one year
-€9,409
Deferred charges and accrued income
+€3,000
Trade debts
-€41,063
Tax, wage and social debts
+€16,128
Accrued charges and deferred income
+€350
Investment (derived)
-€1,950
Investment in fixed assets (net)
-€1,950
Financing
-€12,500
Current portion of long-term debt
-€13,500
Contributions, distributions and other
+€1,000
Cash 2024
€25
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,936 | €71,506 | -€4,430 | -5.8% |
| Formation expenses | 20 | €99 | €0 | -€99 | -100% |
| Fixed assets | 21/28 | €51,341 | €47,450 | -€3,891 | -7.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €50,659 | €46,768 | -€3,891 | -7.7% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €14,919 | €12,469 | -€2,450 | -16.4% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €35,740 | €34,299 | -€1,441 | -4.0% |
| Assets under construction and advance payments | 27 | €0 | €0 | = | |
| Financial fixed assets | 28 | €682 | €682 | = | 0.0% |
| Current assets | 29/58 | €24,496 | €24,056 | -€440 | -1.8% |
| Amounts receivable after more than one year | 29 | €0 | €0 | = | |
| Trade receivables | 290 | €0 | €0 | = | |
| Other amounts receivable | 291 | €0 | €0 | = | |
| Stocks and contracts in progress | 3 | €14,253 | €14,253 | +€0 | 0.0% |
| Stocks | 30/36 | €14,253 | €14,253 | +€0 | 0.0% |
| Contracts in progress | 37 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €369 | €9,778 | +€9,409 | +2,550% |
| Trade receivables | 40 | €0 | €9,200 | +€9,200 | |
| Other amounts receivable | 41 | €369 | €578 | +€209 | +56.6% |
| Current investments | 50/53 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €6,874 | €25 | -€6,849 | -99.6% |
| Deferred charges and accrued income | 490/1 | €3,000 | €0 | -€3,000 | -100% |
| Total equity and liabilities | 10/49 | €75,936 | €71,506 | -€4,430 | -5.8% |
| Equity | 10/15 | €3,029 | €36,684 | +€33,655 | +1,111% |
| Contributions | 10/11 | €35,000 | €36,000 | +€1,000 | +2.9% |
| Revaluation surpluses | 12 | €0 | €0 | = | |
| Reserves | 13 | €0 | €0 | = | |
| Non-distributable reserves | 130/1 | €0 | €0 | = | |
| Reserves not available under the articles | 1311 | €0 | €0 | = | |
| Own shares acquired | 1312 | €0 | €0 | = | |
| Financial assistance | 1313 | €0 | €0 | = | |
| Other | 1319 | €0 | €0 | = | |
| Tax-exempt reserves | 132 | €0 | €0 | = | |
| Distributable reserves | 133 | €0 | €0 | = | |
| Profit (loss) carried forward | 14 | -€31,971 | €684 | +€32,655 | |
| Investment grants | 15 | €0 | €0 | = | |
| Advance to shareholders on the distribution of net assets | 19 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | €0 | = | |
| Provisions for liabilities and charges | 160/5 | €0 | €0 | = | |
| Pensions and similar obligations | 160 | €0 | €0 | = | |
| Taxes | 161 | €0 | €0 | = | |
| Major repairs and maintenance | 162 | €0 | €0 | = | |
| Environmental obligations | 163 | €0 | €0 | = | |
| Other liabilities and charges | 164/5 | €0 | €0 | = | |
| Deferred taxes | 168 | €0 | €0 | = | |
| Amounts payable | 17/49 | €72,907 | €34,822 | -€38,085 | -52.2% |
| Amounts payable after more than one year | 17 | €0 | €0 | = | |
| Financial debts | 170/4 | €0 | €0 | = | |
| Trade debts | 175 | €0 | €0 | = | |
| Advances received on contracts in progress | 176 | €0 | €0 | = | |
| Other amounts payable | 178/9 | €0 | €0 | = | |
| Amounts payable within one year | 42/48 | €72,907 | €34,472 | -€38,435 | -52.7% |
| Current portion of amounts payable after more than one year | 42 | €13,500 | €0 | -€13,500 | -100% |
| Financial debts | 43 | €0 | €0 | = | |
| Credit institutions | 430/8 | €0 | €0 | = | |
| Other loans | 439 | €0 | €0 | = | |
| Trade debts | 44 | €41,063 | €0 | -€41,063 | -100% |
| Suppliers | 440/4 | €41,063 | - | -€41,063 | |
| Bills of exchange payable | 441 | €0 | €0 | = | |
| Advances received on contracts in progress | 46 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €18,344 | €34,472 | +€16,128 | +87.9% |
| Taxes | 450/3 | €9,294 | €16,563 | +€7,269 | +78.2% |
| Remuneration and social security | 454/9 | €9,051 | €17,909 | +€8,858 | +97.9% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €0 | €350 | +€350 | |
| Turnover | 70 | €356,622 | €553,120 | +€196,498 | +55.1% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €350,630 | €406,609 | +€55,979 | +16.0% |
| Remuneration, social security and pensions | 62 | €27,294 | €105,834 | +€78,540 | +288% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,825 | €5,940 | +€1,115 | +23.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €0 | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | €0 | = | |
| Other operating charges | 640/8 | €3,965 | €1,484 | -€2,481 | -62.6% |
| Non-recurring operating charges | 66A | €0 | €0 | = | |
| Gross operating margin | 9900 | €6,337 | €148,041 | +€141,704 | +2,236% |
| Operating profit (loss) | 9901 | -€29,747 | €34,783 | +€64,530 | |
| Financial income | 75/76B | €1 | €267 | +€266 | +20,282% |
| Recurring financial income | 75 | €1 | €267 | +€266 | +20,282% |
| Non-recurring financial income | 76B | €0 | €0 | = | |
| Financial charges | 65/66B | €2,180 | €1,150 | -€1,030 | -47.2% |
| Recurring financial charges | 65 | €2,180 | €1,150 | -€1,030 | -47.2% |
| Non-recurring financial charges | 66B | €0 | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | -€31,926 | €33,900 | +€65,826 | |
| Transfer from deferred taxes | 780 | €0 | €0 | = | |
| Transfer to deferred taxes | 680 | €0 | €0 | = | |
| Income taxes | 67/77 | €45 | €1,245 | +€1,200 | +2,647% |
| Profit (loss) for the period | 9904 | -€31,971 | €32,655 | +€64,626 | |
| Transfer from tax-exempt reserves | 789 | €0 | €0 | = | |
| Transfer to tax-exempt reserves | 689 | €0 | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,971 | €32,655 | +€64,626 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.