RESTOMANAGEMENT: 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.
RESTOMANAGEMENT
Largest movements
- Tangible fixed assets +€431,710
up €431,710 (+36.6%), from €1.2m to €1.6m
- Financial fixed assets -€338,944
down €338,944 (-60.4%), from €560,806 to €221,863
- Revaluation surpluses +€463,168
new in 2025: €463,168
- Profit (loss) carried forward -€312,356
down €312,356, from €94,153 to -€218,203
- Other debts +€85,000
up €85,000 (+29.8%), from €285,406 to €370,406
- Trade debts -€83,844
down €83,844 (-99.7%), from €84,126 to €282
- Debts after one year -€82,228
down €82,228 (-8.4%), from €973,444 to €891,217
- Financial charges +€338,045
up €338,045 (+2,513%), from €13,452 to €351,497
of which Non-recurring financial charges: +€338,944
- Taxes +€4,322
up €4,322 (+80.4%), from €5,373 to €9,694
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 | €1,743,552 | €1,835,891 | +€92,339 | +5.3% |
| Fixed assets | 21/28 | €1,741,052 | €1,833,819 | +€92,767 | +5.3% |
| Tangible fixed assets | 22/27 | €1,180,246 | €1,611,956 | +€431,710 | +36.6% |
| Land and buildings | 22 | €1,180,246 | €1,611,956 | +€431,710 | +36.6% |
| Financial fixed assets | 28 | €560,806 | €221,863 | -€338,944 | -60.4% |
| Current assets | 29/58 | €2,499 | €2,071 | -€428 | -17.1% |
| Amounts receivable within one year | 40/41 | €386 | €701 | +€315 | +81.8% |
| Other amounts receivable | 41 | €386 | €701 | +€315 | +81.8% |
| Cash at bank and in hand | 54/58 | €2,113 | €1,370 | -€743 | -35.2% |
| Total equity and liabilities | 10/49 | €1,743,552 | €1,835,891 | +€92,339 | +5.3% |
| Equity | 10/15 | €310,879 | €461,691 | +€150,812 | +48.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | - | €463,168 | +€463,168 | |
| Reserves | 13 | €198,126 | €198,126 | = | 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% |
| Distributable reserves | 133 | €196,266 | €196,266 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,153 | -€218,203 | -€312,356 | |
| Amounts payable | 17/49 | €1,432,673 | €1,374,200 | -€58,473 | -4.1% |
| Amounts payable after more than one year | 17 | €973,444 | €891,217 | -€82,228 | -8.4% |
| Financial debts | 170/4 | €973,444 | €891,217 | -€82,228 | -8.4% |
| Amounts payable within one year | 42/48 | €459,228 | €482,983 | +€23,755 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €81,354 | €97,228 | +€15,873 | +19.5% |
| Trade debts | 44 | €84,126 | €282 | -€83,844 | -99.7% |
| Suppliers | 440/4 | €84,126 | €282 | -€83,844 | -99.7% |
| Taxes, remuneration and social security | 45 | €8,342 | €15,067 | +€6,725 | +80.6% |
| Taxes | 450/3 | €8,342 | €15,067 | +€6,725 | +80.6% |
| Other amounts payable | 47/48 | €285,406 | €370,406 | +€85,000 | +29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,411 | €31,458 | +€47 | +0.1% |
| Other operating charges | 640/8 | €1,340 | €1,192 | -€148 | -11.0% |
| Gross operating margin | 9900 | €81,212 | €81,485 | +€273 | +0.3% |
| Operating profit (loss) | 9901 | €48,462 | €48,835 | +€373 | +0.8% |
| Financial charges | 65/66B | €13,452 | €351,497 | +€338,045 | +2,513% |
| Recurring financial charges | 65 | €13,452 | €12,553 | -€899 | -6.7% |
| Non-recurring financial charges | 66B | - | €338,944 | +€338,944 | |
| Profit (loss) for the period before taxes | 9903 | €35,010 | -€302,662 | -€337,671 | |
| Income taxes | 67/77 | €5,373 | €9,694 | +€4,322 | +80.4% |
| Profit (loss) for the period | 9904 | €29,637 | -€312,356 | -€341,993 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,637 | -€312,356 | -€341,993 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.