RESTOGREC: 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.
RESTOGREC
Largest movements
- Cash +€27,070
up €27,070 (+19.6%), from €138,279 to €165,349
mainly Net result for the year (+€37,873) and Tax, wage and social debts (+€12,578)
- Tangible fixed assets +€22,187
up €22,187 (+5464.8%), from €406 to €22,593
of which Furniture and vehicles: +€18,865
- Reserves +€40,000
up €40,000 (+77.2%), from €51,845 to €91,845
of which Distributable reserves: +€40,000
- Tax, wage and social debts +€12,578
up €12,578 (+58.1%), from €21,635 to €34,213
of which Taxes: +€12,590
- Trade debts +€3,542
up €3,542 (+43.2%), from €8,204 to €11,746
- Accrued charges and deferred income -€3,417
down €3,417 (-65.4%), from €5,223 to €1,806
- Profit (loss) carried forward -€2,127
down €2,127 (-37.6%), from €5,658 to €3,531
- Turnover +€21,233
up €21,233 (+9.0%), from €235,459 to €256,692
- Gross operating margin +€13,295
up €13,295 (+17.7%), from €74,957 to €88,252
- Purchases and services +€7,938
up €7,938 (+4.9%), from €160,502 to €168,440
- Taxes +€3,400
up €3,400 (+30.6%), from €11,125 to €14,525
- Staff costs -€3,250
down €3,250 (-9.4%), from €34,495 to €31,245
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 | €144,223 | €194,943 | +€50,720 | +35.2% |
| Fixed assets | 21/28 | €2,141 | €24,328 | +€22,187 | +1036.3% |
| Tangible fixed assets | 22/27 | €406 | €22,593 | +€22,187 | +5464.8% |
| Plant, machinery and equipment | 23 | €406 | €3,728 | +€3,322 | +818.2% |
| Furniture and vehicles | 24 | - | €18,865 | +€18,865 | |
| Financial fixed assets | 28 | €1,735 | €1,735 | = | 0.0% |
| Current assets | 29/58 | €142,082 | €170,615 | +€28,533 | +20.1% |
| Stocks and contracts in progress | 3 | €2,290 | €1,950 | -€340 | -14.8% |
| Stocks | 30/36 | €2,290 | €1,950 | -€340 | -14.8% |
| Amounts receivable within one year | 40/41 | €47 | €37 | -€10 | -21.3% |
| Trade receivables | 40 | - | €33 | +€33 | |
| Other amounts receivable | 41 | €47 | €4 | -€43 | -91.5% |
| Cash at bank and in hand | 54/58 | €138,279 | €165,349 | +€27,070 | +19.6% |
| Deferred charges and accrued income | 490/1 | €1,466 | €3,279 | +€1,813 | +123.7% |
| Total equity and liabilities | 10/49 | €144,223 | €194,943 | +€50,720 | +35.2% |
| Equity | 10/15 | €76,095 | €113,968 | +€37,873 | +49.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €51,845 | €91,845 | +€40,000 | +77.2% |
| Non-distributable reserves | 130/1 | €1,845 | €1,845 | = | 0.0% |
| Legal reserve | 130 | €1,845 | €1,845 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €90,000 | +€40,000 | +80.0% |
| Profit (loss) carried forward | 14 | €5,658 | €3,531 | -€2,127 | -37.6% |
| Amounts payable | 17/49 | €68,128 | €80,975 | +€12,847 | +18.9% |
| Amounts payable within one year | 42/48 | €62,905 | €79,169 | +€16,264 | +25.9% |
| Trade debts | 44 | €8,204 | €11,746 | +€3,542 | +43.2% |
| Suppliers | 440/4 | €8,204 | €11,746 | +€3,542 | +43.2% |
| Taxes, remuneration and social security | 45 | €21,635 | €34,213 | +€12,578 | +58.1% |
| Taxes | 450/3 | €17,474 | €30,064 | +€12,590 | +72.0% |
| Remuneration and social security | 454/9 | €4,161 | €4,149 | -€12 | -0.3% |
| Other amounts payable | 47/48 | €33,066 | €33,210 | +€144 | +0.4% |
| Accrued charges and deferred income | 492/3 | €5,223 | €1,806 | -€3,417 | -65.4% |
| Turnover | 70 | €235,459 | €256,692 | +€21,233 | +9.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €160,502 | €168,440 | +€7,938 | +4.9% |
| Remuneration, social security and pensions | 62 | €34,495 | €31,245 | -€3,250 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €166 | €2,890 | +€2,724 | +1641.0% |
| Other operating charges | 640/8 | €1,484 | €1,586 | +€102 | +6.9% |
| Non-recurring operating charges | 66A | €250 | - | -€250 | |
| Gross operating margin | 9900 | €74,957 | €88,252 | +€13,295 | +17.7% |
| Operating profit (loss) | 9901 | €38,562 | €52,531 | +€13,969 | +36.2% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €68 | €136 | +€68 | +100.0% |
| Recurring financial charges | 65 | €68 | €136 | +€68 | +100.0% |
| Profit (loss) for the period before taxes | 9903 | €38,494 | €52,398 | +€13,904 | +36.1% |
| Income taxes | 67/77 | €11,125 | €14,525 | +€3,400 | +30.6% |
| Profit (loss) for the period | 9904 | €27,369 | €37,873 | +€10,504 | +38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,369 | €37,873 | +€10,504 | +38.4% |
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 6 October 2026 via checked.be.