RESTHOBAR: what changed
Two fiscal 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.
RESTHOBAR
Largest movements
- Receivables within one year +€62,584
up €62,584 (+35.7%), from €175,411 to €237,995
of which Trade receivables: +€51,900
- Cash +€34,941
up €34,941 (+38.2%), from €91,441 to €126,382
mainly Trade debts (+€133,650) and Tax, wage and social debts (+€9,513)
- Trade debts +€133,650
up €133,650 (+85.1%), from €157,140 to €290,791
- Profit (loss) carried forward -€22,900
down €22,900 (-27.5%), from -€83,187 to -€106,088
- Debts after one year -€17,703
down €17,703 (-14.0%), from €126,003 to €108,300
- Tax, wage and social debts +€9,513
up €9,513 (+22.3%), from €42,692 to €52,206
of which Taxes: +€12,935
- Gross operating margin -€34,109
down €34,109 (-20.6%), from €165,459 to €131,349
- Staff costs +€4,937
up €4,937 (+3.4%), from €145,882 to €150,819
- Other operating charges +€1,789
new in 2024: €1,789
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €266,852 | €366,892 | +€100,039 | +37.5% |
| Fixed assets | 21/28 | - | €1,055 | +€1,055 | |
| Tangible fixed assets | 22/27 | - | €1,055 | +€1,055 | |
| Furniture and vehicles | 24 | - | €1,055 | +€1,055 | |
| Current assets | 29/58 | €266,852 | €365,836 | +€98,984 | +37.1% |
| Amounts receivable within one year | 40/41 | €175,411 | €237,995 | +€62,584 | +35.7% |
| Trade receivables | 40 | €175,312 | €227,212 | +€51,900 | +29.6% |
| Other amounts receivable | 41 | €99 | €10,783 | +€10,684 | +10779.9% |
| Cash at bank and in hand | 54/58 | €91,441 | €126,382 | +€34,941 | +38.2% |
| Deferred charges and accrued income | 490/1 | - | €1,459 | +€1,459 | |
| Total equity and liabilities | 10/49 | €266,852 | €366,892 | +€100,039 | +37.5% |
| Equity | 10/15 | -€61,504 | -€84,405 | -€22,900 | -37.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €3,091 | €3,091 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,255 | - | -€1,255 | |
| Reserves not available under the articles | 1311 | €1,255 | - | -€1,255 | |
| Distributable reserves | 133 | €1,837 | €3,091 | +€1,255 | +68.3% |
| Profit (loss) carried forward | 14 | -€83,187 | -€106,088 | -€22,900 | -27.5% |
| Amounts payable | 17/49 | €328,357 | €451,296 | +€122,940 | +37.4% |
| Amounts payable after more than one year | 17 | €126,003 | €108,300 | -€17,703 | -14.0% |
| Other amounts payable | 178/9 | €126,003 | €108,300 | -€17,703 | -14.0% |
| Amounts payable within one year | 42/48 | €199,833 | €342,996 | +€143,163 | +71.6% |
| Trade debts | 44 | €157,140 | €290,791 | +€133,650 | +85.1% |
| Suppliers | 440/4 | €157,140 | €290,791 | +€133,650 | +85.1% |
| Taxes, remuneration and social security | 45 | €42,692 | €52,206 | +€9,513 | +22.3% |
| Taxes | 450/3 | €16,668 | €29,603 | +€12,935 | +77.6% |
| Remuneration and social security | 454/9 | €26,025 | €22,603 | -€3,422 | -13.1% |
| Accrued charges and deferred income | 492/3 | €2,521 | - | -€2,521 | |
| Non-recurring operating income | 76A | - | €2,521 | +€2,521 | |
| Remuneration, social security and pensions | 62 | €145,882 | €150,819 | +€4,937 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €150 | +€150 | |
| Other operating charges | 640/8 | - | €1,789 | +€1,789 | |
| Non-recurring operating charges | 66A | €572 | €500 | -€72 | -12.6% |
| Gross operating margin | 9900 | €165,459 | €131,349 | -€34,109 | -20.6% |
| Operating profit (loss) | 9901 | €19,005 | -€21,909 | -€40,914 | |
| Financial income | 75/76B | €1 | €4 | +€3 | +248.0% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +248.0% |
| Financial charges | 65/66B | €213 | €150 | -€63 | -29.4% |
| Recurring financial charges | 65 | €213 | €150 | -€63 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €18,793 | -€22,055 | -€40,849 | |
| Income taxes | 67/77 | €1,283 | €845 | -€439 | -34.2% |
| Profit (loss) for the period | 9904 | €17,510 | -€22,900 | -€40,410 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,510 | -€22,900 | -€40,410 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.