RESTOBELGE: 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.
RESTOBELGE
Largest movements
- Tangible fixed assets +€51,356
up €51,356 (+183%), from €27,998 to €79,355
of which Other tangible fixed assets: +€59,537
- Stocks and contracts -€2,125
down €2,125 (-5.3%), from €40,293 to €38,168
- Debts after one year +€59,358
up €59,358 (+1,994%), from €2,977 to €62,334
- Tax, wage and social debts -€8,400
down €8,400 (-26.3%), from €31,983 to €23,583
of which Remuneration and social security: -€4,532
- Current portion of long-term debt -€3,806
down €3,806 (-23.9%), from €15,925 to €12,119
- Gross operating margin +€41,056
up €41,056 (+23.7%), from €173,094 to €214,150
- Staff costs +€23,071
up €23,071 (+15.8%), from €145,722 to €168,794
- Purchases and services -€20,972
down €20,972 (-4.2%), from €503,936 to €482,964
- Turnover +€20,085
up €20,085 (+3.0%), from €677,030 to €697,114
- Financial income -€8,153
down €8,153 (-99.4%), from €8,202 to €49
of which Non-recurring financial income: -€8,201
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 | €150,763 | €197,466 | +€46,703 | +31.0% |
| Fixed assets | 21/28 | €49,090 | €98,558 | +€49,468 | +101% |
| Intangible fixed assets | 21 | €9,441 | €7,553 | -€1,888 | -20.0% |
| Tangible fixed assets | 22/27 | €27,998 | €79,355 | +€51,356 | +183% |
| Plant, machinery and equipment | 23 | €5,844 | €2,459 | -€3,385 | -57.9% |
| Furniture and vehicles | 24 | €22,155 | €17,359 | -€4,796 | -21.6% |
| Other tangible fixed assets | 26 | - | €59,537 | +€59,537 | |
| Financial fixed assets | 28 | €11,651 | €11,651 | = | 0.0% |
| Current assets | 29/58 | €101,673 | €98,908 | -€2,765 | -2.7% |
| Stocks and contracts in progress | 3 | €40,293 | €38,168 | -€2,125 | -5.3% |
| Stocks | 30/36 | €40,293 | €38,168 | -€2,125 | -5.3% |
| Amounts receivable within one year | 40/41 | €36,891 | €37,626 | +€736 | +2.0% |
| Trade receivables | 40 | €31,257 | €33,755 | +€2,499 | +8.0% |
| Other amounts receivable | 41 | €5,634 | €3,871 | -€1,763 | -31.3% |
| Cash at bank and in hand | 54/58 | €24,490 | €23,114 | -€1,375 | -5.6% |
| Total equity and liabilities | 10/49 | €150,763 | €197,466 | +€46,703 | +31.0% |
| Equity | 10/15 | €89,046 | €90,924 | +€1,878 | +2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,586 | €70,464 | +€1,878 | +2.7% |
| Amounts payable | 17/49 | €61,717 | €106,543 | +€44,825 | +72.6% |
| Amounts payable after more than one year | 17 | €2,977 | €62,334 | +€59,358 | +1,994% |
| Financial debts | 170/4 | €2,977 | €62,334 | +€59,358 | +1,994% |
| Amounts payable within one year | 42/48 | €58,741 | €44,208 | -€14,532 | -24.7% |
| Current portion of amounts payable after more than one year | 42 | €15,925 | €12,119 | -€3,806 | -23.9% |
| Trade debts | 44 | €8,446 | €6,920 | -€1,526 | -18.1% |
| Suppliers | 440/4 | €8,446 | €6,920 | -€1,526 | -18.1% |
| Taxes, remuneration and social security | 45 | €31,983 | €23,583 | -€8,400 | -26.3% |
| Taxes | 450/3 | €4,054 | €186 | -€3,868 | -95.4% |
| Remuneration and social security | 454/9 | €27,930 | €23,397 | -€4,532 | -16.2% |
| Other amounts payable | 47/48 | €2,387 | €1,587 | -€800 | -33.5% |
| Turnover | 70 | €677,030 | €697,114 | +€20,085 | +3.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €503,936 | €482,964 | -€20,972 | -4.2% |
| Remuneration, social security and pensions | 62 | €145,722 | €168,794 | +€23,071 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,911 | €17,804 | +€1,893 | +11.9% |
| Other operating charges | 640/8 | €8,181 | €11,017 | +€2,836 | +34.7% |
| Gross operating margin | 9900 | €173,094 | €214,150 | +€41,056 | +23.7% |
| Operating profit (loss) | 9901 | €3,279 | €16,536 | +€13,256 | +404% |
| Financial income | 75/76B | €8,202 | €49 | -€8,153 | -99.4% |
| Recurring financial income | 75 | €8,202 | €48 | -€8,154 | -99.4% |
| Non-recurring financial income | 76B | €8,202 | €1 | -€8,201 | -100.0% |
| Financial charges | 65/66B | €6,258 | €13,130 | +€6,872 | +110% |
| Recurring financial charges | 65 | €5,077 | €8,134 | +€3,057 | +60.2% |
| Non-recurring financial charges | 66B | €1,181 | €4,996 | +€3,815 | +323% |
| Profit (loss) for the period before taxes | 9903 | €5,223 | €3,455 | -€1,768 | -33.9% |
| Income taxes | 67/77 | €4,481 | €1,577 | -€2,904 | -64.8% |
| Profit (loss) for the period | 9904 | €742 | €1,878 | +€1,136 | +153% |
| Profit (loss) for the period to be appropriated | 9905 | €742 | €1,878 | +€1,136 | +153% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.