Royale Axkit: 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.
What changed
Royale Axkit
NACE 56.111, Full-service restaurants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€9,831
2024 · €5,893+€3,938
Equity
€33,555
2024 · €23,724+€9,831
Cash
€83,037
2024 · €80,877+€2,160
Balance sheet total
€442,457
2024 · €467,239-€24,782
Largest movements
Assets
- Tangible fixed assets -€33,478
down €33,478 (-9.0%), from €372,699 to €339,222
of which Land and buildings: -€36,538
Equity and liabilities
- Debts after one year -€36,978
down €36,978 (-9.7%), from €380,212 to €343,234
of which Financial debts: -€33,385
- Profit (loss) carried forward +€9,831
up €9,831 (+39.2%), from -€25,111 to -€15,280
Income statement
- Staff costs -€15,346
down €15,346 (-23.0%), from €66,584 to €51,238
- Gross operating margin -€14,179
down €14,179 (-9.4%), from €150,553 to €136,373
- Depreciation -€3,739
down €3,739 (-5.8%), from €64,255 to €60,516
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.
Result 2024
€5,893
Gross operating margin
-€14,179
Staff costs
+€15,346
Depreciation
+€3,739
Other operating charges
-€146
Financial income
-€4
Financial charges
-€818
Result 2025
€9,831
raises the resultlowers the result
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.
From operations
+€65,405
Investment
-€27,038
Financing
-€36,206
Cash 2024
€80,877
From operations (derived)
+€65,405
Net result for the year
+€9,831
Depreciation
+€60,516
Stocks and contracts
-€1,170
Receivables within one year
-€798
Deferred charges and accrued income
-€4,568
Trade debts
-€1,942
Tax, wage and social debts
-€317
Advances received
+€1,893
Other debts
+€1,960
Investment (derived)
-€27,038
Investment in fixed assets (net)
-€27,038
Financing
-€36,206
Debts after one year
-€36,978
Current portion of long-term debt
+€772
Cash 2025
€83,037
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €467,239 | €442,457 | -€24,782 | -5.3% |
| Fixed assets | 21/28 | €372,699 | €339,222 | -€33,478 | -9.0% |
| Tangible fixed assets | 22/27 | €372,699 | €339,222 | -€33,478 | -9.0% |
| Land and buildings | 22 | €198,095 | €161,557 | -€36,538 | -18.4% |
| Plant, machinery and equipment | 23 | €144,509 | €123,901 | -€20,609 | -14.3% |
| Other tangible fixed assets | 26 | €30,095 | €53,764 | +€23,669 | +78.6% |
| Current assets | 29/58 | €94,539 | €103,235 | +€8,696 | +9.2% |
| Stocks and contracts in progress | 3 | €6,970 | €8,140 | +€1,170 | +16.8% |
| Stocks | 30/36 | €6,970 | €8,140 | +€1,170 | +16.8% |
| Amounts receivable within one year | 40/41 | €6,692 | €7,491 | +€798 | +11.9% |
| Trade receivables | 40 | €6,619 | €2,491 | -€4,128 | -62.4% |
| Other amounts receivable | 41 | €74 | €5,000 | +€4,926 | +6,666% |
| Cash at bank and in hand | 54/58 | €80,877 | €83,037 | +€2,160 | +2.7% |
| Deferred charges and accrued income | 490/1 | - | €4,568 | +€4,568 | |
| Total equity and liabilities | 10/49 | €467,239 | €442,457 | -€24,782 | -5.3% |
| Equity | 10/15 | €23,724 | €33,555 | +€9,831 | +41.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €28,835 | €28,835 | = | 0.0% |
| Distributable reserves | 133 | €28,835 | €28,835 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,111 | -€15,280 | +€9,831 | +39.2% |
| Amounts payable | 17/49 | €443,515 | €408,902 | -€34,613 | -7.8% |
| Amounts payable after more than one year | 17 | €380,212 | €343,234 | -€36,978 | -9.7% |
| Financial debts | 170/4 | €311,515 | €278,130 | -€33,385 | -10.7% |
| Other amounts payable | 178/9 | €68,697 | €65,104 | -€3,593 | -5.2% |
| Amounts payable within one year | 42/48 | €63,303 | €65,668 | +€2,365 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €32,613 | €33,385 | +€772 | +2.4% |
| Trade debts | 44 | €17,104 | €15,162 | -€1,942 | -11.4% |
| Suppliers | 440/4 | €17,104 | €15,162 | -€1,942 | -11.4% |
| Advances received on contracts in progress | 46 | - | €1,893 | +€1,893 | |
| Taxes, remuneration and social security | 45 | €13,586 | €13,269 | -€317 | -2.3% |
| Taxes | 450/3 | €8,535 | €9,591 | +€1,056 | +12.4% |
| Remuneration and social security | 454/9 | €5,052 | €3,678 | -€1,374 | -27.2% |
| Other amounts payable | 47/48 | - | €1,960 | +€1,960 | |
| Remuneration, social security and pensions | 62 | €66,584 | €51,238 | -€15,346 | -23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,255 | €60,516 | -€3,739 | -5.8% |
| Other operating charges | 640/8 | €4,682 | €4,828 | +€146 | +3.1% |
| Gross operating margin | 9900 | €150,553 | €136,373 | -€14,179 | -9.4% |
| Operating profit (loss) | 9901 | €15,032 | €19,791 | +€4,760 | +31.7% |
| Financial income | 75/76B | €35 | €31 | -€4 | -10.9% |
| Recurring financial income | 75 | €35 | €31 | -€4 | -10.9% |
| Financial charges | 65/66B | €9,173 | €9,991 | +€818 | +8.9% |
| Recurring financial charges | 65 | €9,173 | €9,991 | +€818 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €5,893 | €9,831 | +€3,938 | +66.8% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €5,893 | €9,831 | +€3,938 | +66.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,893 | €9,831 | +€3,938 | +66.8% |
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 18 October 2026 via checked.be.