RESTOHORECA: 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.
RESTOHORECA
Largest movements
- Receivables within one year -€20,289
down €20,289 (-26.7%), from €76,023 to €55,734
of which Trade receivables: -€20,289
- Cash -€16,043
down €16,043 (-32.6%), from €49,209 to €33,165
mainly Trade debts (-€35,366) and Investment in fixed assets (net) (-€8,971)
- Stocks and contracts +€3,431
up €3,431 (+52.5%), from €6,538 to €9,969
- Trade debts -€35,366
down €35,366 (-37.7%), from €93,743 to €58,378
- Tax, wage and social debts +€3,691
up €3,691 (+8.1%), from €45,604 to €49,296
of which Taxes: +€11,602
- Staff costs +€28,108
up €28,108 (+12.7%), from €220,842 to €248,950
- Gross operating margin +€20,953
up €20,953 (+8.7%), from €241,127 to €262,080
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.
Cash bridge derived
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 | €164,599 | €132,614 | -€31,985 | -19.4% |
| Fixed assets | 21/28 | €26,700 | €27,616 | +€916 | +3.4% |
| Tangible fixed assets | 22/27 | €26,011 | €26,926 | +€916 | +3.5% |
| Plant, machinery and equipment | 23 | €16,232 | €15,112 | -€1,119 | -6.9% |
| Furniture and vehicles | 24 | €6,322 | €2,875 | -€3,448 | -54.5% |
| Other tangible fixed assets | 26 | €3,457 | €8,939 | +€5,483 | +158.6% |
| Financial fixed assets | 28 | €689 | €689 | = | 0.0% |
| Current assets | 29/58 | €137,899 | €104,998 | -€32,901 | -23.9% |
| Amounts receivable after more than one year | 29 | €6,130 | €6,130 | = | 0.0% |
| Trade receivables | 290 | €6,130 | €6,130 | = | 0.0% |
| Stocks and contracts in progress | 3 | €6,538 | €9,969 | +€3,431 | +52.5% |
| Stocks | 30/36 | €6,538 | €9,969 | +€3,431 | +52.5% |
| Amounts receivable within one year | 40/41 | €76,023 | €55,734 | -€20,289 | -26.7% |
| Trade receivables | 40 | €66,740 | €46,451 | -€20,289 | -30.4% |
| Other amounts receivable | 41 | €9,283 | €9,283 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €49,209 | €33,165 | -€16,043 | -32.6% |
| Total equity and liabilities | 10/49 | €164,599 | €132,614 | -€31,985 | -19.4% |
| Equity | 10/15 | €21,480 | €21,858 | +€378 | +1.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €29,599 | €29,599 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,349 | €29,349 | = | 0.0% |
| Distributable reserves | 133 | €250 | €250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,519 | -€20,141 | +€378 | +1.8% |
| Amounts payable | 17/49 | €143,119 | €110,756 | -€32,363 | -22.6% |
| Amounts payable after more than one year | 17 | €730 | - | -€730 | |
| Financial debts | 170/4 | €730 | - | -€730 | |
| Amounts payable within one year | 42/48 | €142,389 | €110,756 | -€31,632 | -22.2% |
| Trade debts | 44 | €93,743 | €58,378 | -€35,366 | -37.7% |
| Suppliers | 440/4 | €93,743 | €58,378 | -€35,366 | -37.7% |
| Taxes, remuneration and social security | 45 | €45,604 | €49,296 | +€3,691 | +8.1% |
| Taxes | 450/3 | €4,099 | €15,701 | +€11,602 | +283.0% |
| Remuneration and social security | 454/9 | €41,505 | €33,594 | -€7,911 | -19.1% |
| Other amounts payable | 47/48 | €3,041 | €3,083 | +€42 | +1.4% |
| Remuneration, social security and pensions | 62 | €220,842 | €248,950 | +€28,108 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,738 | €8,056 | +€1,317 | +19.6% |
| Other operating charges | 640/8 | €1,657 | €1,392 | -€265 | -16.0% |
| Gross operating margin | 9900 | €241,127 | €262,080 | +€20,953 | +8.7% |
| Operating profit (loss) | 9901 | €11,889 | €3,683 | -€8,206 | -69.0% |
| Financial income | 75/76B | €28 | €136 | +€107 | +382.9% |
| Recurring financial income | 75 | €28 | €136 | +€107 | +382.9% |
| Financial charges | 65/66B | €4,265 | €3,441 | -€824 | -19.3% |
| Recurring financial charges | 65 | €4,265 | €3,441 | -€824 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €7,652 | €378 | -€7,275 | -95.1% |
| Profit (loss) for the period | 9904 | €7,652 | €378 | -€7,275 | -95.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,652 | €378 | -€7,275 | -95.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.